JPMorgan Emerging Markets Growth &omeLSE:JMGI -2.06%54 Return-on-Tangible-Equity is 36.81% as of Dec. 2025, which is 416% above its 10-year median of 7.14. GuruFocus rates LSE:JMGI with a GF Score™ of 54/100 and a GF Value™ of £6.93 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, JPMorgan Emerging Markets Growth &ome ranks better than 77.83% on this metric.
The historical rank and industry rank for JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity or its related term are showing as below:
LSE:JMGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.03 Med: 7.14 Max: 28.1
Current: 19.76
During the past 13 years, JPMorgan Emerging Markets Growth &ome's highest Return-on-Tangible-Equity was 28.10%. The lowest was -19.03%. And the median was 7.14%.
LSE:JMGI's Return-on-Tangible-Equity is ranked better than 77.83% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs LSE:JMGI: 19.76
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
JPMorgan Emerging Markets Growth &ome Return-on-Tangible-Equity Related Terms
JPMorgan Emerging Markets Growth &ome Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:JMGI vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JPMorgan Emerging Markets Growth &ome Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 36.81% mean?
JPMorgan Emerging Markets Growth &ome (LSE:JMGI) has a Return-on-Tangible-Equity of 36.81% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JPMorgan Emerging Markets Growth &ome and its competitors. This is 416% above median its historical median of 7.14. According to the industry distribution chart, JPMorgan Emerging Markets Growth &ome ranks #352 out of 1588 companies in the Asset Management industry, placing it in the top 22.2%.
Is JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity too high?
JPMorgan Emerging Markets Growth &ome's current Return-on-Tangible-Equity of 36.81% is 416% above median its 10-year median of 7.14. The Asset Management industry median Return-on-Tangible-Equity is 7.21. JPMorgan Emerging Markets Growth &ome's value of 36.81% is 410.9% above this industry median. Based on the distribution chart, JPMorgan Emerging Markets Growth &ome ranks #352 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Emerging Markets Growth &ome has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Markets Growth &ome's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Emerging Markets Growth &ome ranks #352 out of 1588 companies for Return-on-Tangible-Equity. This places JPMorgan Emerging Markets Growth &ome in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. JPMorgan Emerging Markets Growth &ome's value of 36.81% is 410.9% above this benchmark. While the company's 10-year median is 7.14 vs. the industry median of 7.21, JPMorgan Emerging Markets Growth &ome has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Emerging Markets Growth &ome's current Return-on-Tangible-Equity of 36.81% is 410.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JPMorgan Emerging Markets Growth &ome and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Emerging Markets Growth &ome's current Return-on-Tangible-Equity is 36.81%, which is 416% above median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Markets Growth &ome stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Emerging Markets Growth &ome (LSE:JMGI) is currently considered Significantly Undervalued. The stock's GF Value™ is £6.93, compared to a current price of £1.71 — trading 75.3% below its estimated fair value. The current Return-on-Tangible-Equity is 36.81%, which is 416% above median its 10-year median of 7.14 and 410.9% above the Asset Management industry median of 7.21. JPMorgan Emerging Markets Growth &ome's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For JPMorgan Emerging Markets Growth &ome (LSE:JMGI), the current Return-on-Tangible-Equity is 36.81% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JPMorgan Emerging Markets Growth &ome (LSE:JMGI) Overvalued in 2026?
Based on GuruFocus' analysis, JPMorgan Emerging Markets Growth &ome stock appears to be undervalued.
The current stock price of £1.71 is trading 75.3% below its estimated GF Value™ of £6.93.
GuruFocus considers JPMorgan Emerging Markets Growth &ome to be Significantly Undervalued.
Key valuation signals for LSE:JMGI:
Return-on-Tangible-Equity: 36.81% (416% above median its 10-year median of 7.14)
GF Value™: £6.93 vs. price of £1.71 (75.3% below fair value)
Industry Position: 410.9% above the Asset Management median (#352 of 1588)
No single metric tells the full story. See the LSE:JMGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPMorgan Emerging Markets Growth &ome Business Description
JPMorgan Emerging Markets Growth & Income PLC is an investment trust company. It seeks to maximise total returns by identifying high-quality companies across the market cap spectrum that aims to deliver sustainable long-term growth. The trust offers investors access to a diversified portfolio of both large and small emerging market companies. It invests in various sectors such as Financials, Information Technology, Consumer Staples, Consumer Discretionary, Materials, Health Care, Communication Services, and Utilities. Geographically, its investments are spread across the regions of South Asia, East Asia, Europe, Middle East, Africa, and Latin America.
54GF Score
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