Jupiter Fund Management (FRA:4JF) Scaled Net Operating Assets: 0.48 (As of Dec. 2025)


FRA:4JF Jupiter Fund Management PLC FRA:4JF
65 GF Score
Price €1.95
GF Value €1.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Jupiter Fund Management Scaled Net Operating Assets?

Jupiter Fund Management FRA:4JF +4.84% 65 Scaled Net Operating Assets is 0.48 as of Dec. 2025. GuruFocus rates FRA:4JF with a GF Score™ of 65/100 and a GF Value™ of €1.03 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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

Jupiter Fund Management's operating assets for the quarter that ended in Dec. 2025 was €1,020.1 Mil. Jupiter Fund Management's operating liabilities for the quarter that ended in Dec. 2025 was €340.5 Mil. Jupiter Fund Management's Total Assets for the quarter that ended in Jun. 2025 was €1,420.8 Mil. Therefore, Jupiter Fund Management's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.48.


Jupiter Fund Management Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Jupiter Fund Management's Scaled Net Operating Assets can be seen below:

* 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.

Jupiter Fund Management Scaled Net Operating Assets Chart

Jupiter Fund Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.40 0.36 0.36 0.45

Jupiter Fund Management Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.21 0.31 0.33 0.48

FRA:4JF vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Jupiter Fund Management's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Jupiter Fund Management Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jupiter Fund Management's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Jupiter Fund Management's Scaled Net Operating Assets falls into.


FRA:4JF
65GF Score
Jupiter Fund Management PLC FRA:4JF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Jupiter Fund Management 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.

Jupiter Fund Management's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1020.113-340.457)/1517.013
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1420.59 - 400.477
=1020.113

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=384.7 - 38.984 - 5.259
=340.457

Jupiter Fund Management's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1020.113-340.457)/1420.845
=0.48

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1420.59 - 400.477
=1020.113

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=384.7 - 38.984 - 5.259
=340.457

* 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 0.48 mean?
Jupiter Fund Management (FRA:4JF) has a Scaled Net Operating Assets of 0.48 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Jupiter Fund Management and its competitors.
Is Jupiter Fund Management's Scaled Net Operating Assets too high?
Jupiter Fund Management's current Scaled Net Operating Assets is 0.48. Overall, Jupiter Fund Management has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jupiter Fund Management's Scaled Net Operating Assets compare to BLK and BX?
Jupiter Fund Management's Scaled Net Operating Assets of 0.48 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 Jupiter Fund Management and its competitors. Jupiter Fund Management's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Fund Management stock overvalued right now?
Based on GuruFocus' analysis, Jupiter Fund Management (FRA:4JF) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.03, compared to a current price of €1.95 — trading 89.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.48. Jupiter Fund Management's overall GF Score™ is 65/100 with 6 warning signs to review. 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 Jupiter Fund Management (FRA:4JF), the current Scaled Net Operating Assets is 0.48 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 Jupiter Fund Management (FRA:4JF) Overvalued in 2026?

Based on GuruFocus' analysis, Jupiter Fund Management stock appears to be overvalued. The current stock price of €1.95 is trading 89.3% above its estimated GF Value™ of €1.03. GuruFocus considers Jupiter Fund Management to be Significantly Overvalued.

Key valuation signals for FRA:4JF:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: €1.03 vs. price of €1.95 (89.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the FRA:4JF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jupiter Fund Management Business Description

Other Exchanges JUPl:UKJUP:UK
Address 70 Victoria Street, The Zig Zag Building, London, GBR, SW1E 6SQ
Jupiter Fund Management PLC is a provider of mutual funds with operations mostly in the United Kingdom. The company also distributes its products through financial centers in Europe and Asia, either in house or through agency relationships. It has increasingly focused on offering high-performance, outcome-oriented active strategies to drive organic growth. It measures performance by monitoring its percentage of assets under management above the median over three years. The Group operates principally in the United Kingdom with international operating subsidiaries in Ireland, Hong Kong, Singapore, the United States, Switzerland and Luxembourg, which has branches across Europe.
65GF Score

Get the complete analysis for FRA:4JF

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

€1.95
Price
€1.03
GF Value