JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Scaled Net Operating Assets: 1.01 (As of Apr. 2026)


CHIX:JEMAL JPMorgan Emerging Europe Middle East & Africa Securities PLC CHIX:JEMAL
60 GF Score
Price £2.55
GF Value £3.67
Valuation Significantly Undervalued
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What is JPMorgan Emerging Europe Middle East & Africa Securities Scaled Net Operating Assets?

JPMorgan Emerging Europe Middle East & Africa Securities CHIX:JEMAL 60 Scaled Net Operating Assets is 1.01 as of Apr. 2026. GuruFocus rates CHIX:JEMAL with a GF Score™ of 60/100 and a GF Value™ of £3.67 (Significantly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

JPMorgan Emerging Europe Middle East & Africa Securities's operating assets for the quarter that ended in Apr. 2026 was £27.11 Mil. JPMorgan Emerging Europe Middle East & Africa Securities's operating liabilities for the quarter that ended in Apr. 2026 was £0.43 Mil. JPMorgan Emerging Europe Middle East & Africa Securities's Total Assets for the quarter that ended in Oct. 2025 was £26.54 Mil. Therefore, JPMorgan Emerging Europe Middle East & Africa Securities's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 1.01.

CHIX:JEMAL
60GF Score
JPMorgan Emerging Europe Middle East & Africa Securities PLC CHIX:JEMAL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Emerging Europe Middle East & Africa Securities Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

JPMorgan Emerging Europe Middle East & Africa Securities's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(26.282-0.143)/21.538
=1.21

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=26.541 - 0.259
=26.282

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.143 - 0 - 0
=0.143

JPMorgan Emerging Europe Middle East & Africa Securities's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(27.112-0.425)/26.541
=1.01

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27.445 - 0.333
=27.112

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.425 - 0 - 0
=0.425

* 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.

What does a Scaled Net Operating Assets of 1.01 mean?
JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) has a Scaled Net Operating Assets of 1.01 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on JPMorgan Emerging Europe Middle East & Africa Securities and its competitors.
Is JPMorgan Emerging Europe Middle East & Africa Securities' Scaled Net Operating Assets too high?
JPMorgan Emerging Europe Middle East & Africa Securities' current Scaled Net Operating Assets is 1.01. Overall, JPMorgan Emerging Europe Middle East & Africa Securities has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Europe Middle East & Africa Securities' Scaled Net Operating Assets compare to BLK and BX?
JPMorgan Emerging Europe Middle East & Africa Securities' Scaled Net Operating Assets of 1.01 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on JPMorgan Emerging Europe Middle East & Africa Securities and its competitors. JPMorgan Emerging Europe Middle East & Africa Securities's current Scaled Net Operating Assets is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Europe Middle East & Africa Securities stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.67, compared to a current price of £2.55 — trading 30.5% below its estimated fair value. The current Scaled Net Operating Assets is 1.01. JPMorgan Emerging Europe Middle East & Africa Securities' overall GF Score™ is 60/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL), the current Scaled Net Operating Assets is 1.01 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 JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities stock appears to be undervalued. The current stock price of £2.55 is trading 30.5% below its estimated GF Value™ of £3.67. GuruFocus considers JPMorgan Emerging Europe Middle East & Africa Securities to be Significantly Undervalued.

Key valuation signals for CHIX:JEMAL:

  • Scaled Net Operating Assets: 1.01
  • GF Value™: £3.67 vs. price of £2.55 (30.5% below fair value)
  • GF Score™: 60/100

No single metric tells the full story. See the CHIX:JEMAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JPMorgan Emerging Europe Middle East & Africa Securities Business Description

Other Exchanges JEMA:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Europe Middle East & Africa Securities PLC is a closed-ended investment fund. Its objective is to maximize the total return to shareholders from a diversified portfolio of investments in Emerging Europe (including Russia), Middle East and Africa. It invests in companies having their head office or exercising a predominant part of their activities in Central, Eastern, and Southern Europe (including Russia), the Middle East and Africa. The fund's portfolio includes equity and equity-related securities of companies from financials, energy, consumer discretionary, real estate, and other industries.
60GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.55
Price
£3.67
GF Value