Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Scotia Group JamaicaXJAM:SGJ 81 ROA % is 2.49% as of Apr. 2026, which is 0% below its 10-year median of 2.50. GuruFocus rates XJAM:SGJ with a GF Score™ of 81/100 and a GF Value™ of JMD57.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,532 Banks companies, Scotia Group Jamaica ranks better than 93.41% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Scotia Group Jamaica's annualizedNet Income for the quarter that ended in Apr. 2026 was JMD20,166 Mil.
Scotia Group Jamaica's average Total Assets over the quarter that ended in Apr. 2026 was JMD808,818 Mil. Therefore, Scotia Group Jamaica's annualized ROA % for the quarter that ended in Apr. 2026 was 2.49%.
The historical rank and industry rank for Scotia Group Jamaica's ROA % or its related term are showing as below:
XJAM:SGJ'
s ROA % Range Over the Past 10 Years
Min: 1.53 Med: 2.5 Max: 2.94
Current: 2.62
During the past 13 years, Scotia Group Jamaica's highest ROA % was 2.94%. The lowest was 1.53%. And the median was 2.50%.
XJAM:SGJ's ROA % is ranked better than 93.41% of 1532
companies
in the Banks industry
Industry Median: 0.98
vs XJAM:SGJ: 2.62
Scotia Group Jamaica (XJAM:SGJ) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Banks - Regional subindustry, Scotia Group Jamaica's ROA %, along with its competitors' market caps and ROA % 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.
Scotia Group Jamaica ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Scotia Group Jamaica's ROA % distribution charts can be found below:
* The bar in red indicates where Scotia Group Jamaica's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Scotia Group Jamaica (XJAM:SGJ) has a ROA % of 2.49% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Scotia Group Jamaica and its competitors. This is near median its historical median of 2.50. Over the past decade, Scotia Group Jamaica's ROA % has ranged from 1.53 to 2.94. According to the industry distribution chart, Scotia Group Jamaica ranks #101 out of 1532 companies in the Banks industry, placing it in the top 6.6%.
Is Scotia Group Jamaica's ROA % too high?
Scotia Group Jamaica's current ROA % of 2.49% is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 2.94. The Banks industry median ROA % is 0.98. Scotia Group Jamaica's value of 2.49% is 154.1% above this industry median. Based on the distribution chart, Scotia Group Jamaica ranks #101 out of 1532 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's ROA % compare to PNC and USB?
According to the Banks industry distribution chart, Scotia Group Jamaica ranks #101 out of 1532 companies for ROA %. This places Scotia Group Jamaica in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 0.98. Scotia Group Jamaica's value of 2.49% is 154.1% above this benchmark. Historically, Scotia Group Jamaica's own ROA % has ranged from 1.53 to 2.94 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.98, Scotia Group Jamaica 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 ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,532 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Scotia Group Jamaica's current ROA % of 2.49% is 154.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Scotia Group Jamaica and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scotia Group Jamaica's current ROA % is 2.49%, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD57.69, compared to a current price of JMD58.18 — trading 0.8% above its estimated fair value. The current ROA % is 2.49%, which is near median its 10-year median of 2.50 and 154.1% above the Banks industry median of 0.98. Scotia Group Jamaica's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Scotia Group Jamaica (XJAM:SGJ), the current ROA % is 2.49% as of Apr. 2026. 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 Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?
Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be overvalued.
The current stock price of JMD58.18 is trading 0.8% above its estimated GF Value™ of JMD57.69.
GuruFocus considers Scotia Group Jamaica to be Fairly Valued.
Key valuation signals for XJAM:SGJ:
ROA %: 2.49% (near median its 10-year median of 2.50)
GF Value™: JMD57.69 vs. price of JMD58.18 (0.8% above fair value)
Industry Position: 154.1% above the Banks median (#101 of 1532)
No single metric tells the full story. See the XJAM:SGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.
81GF Score
Get the complete analysis for XJAM:SGJ
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XJAM:SGJ has been successfully added to your 
