JPMorgan Claverhouse Investment Trust (LSE:JCH) Scaled Net Operating Assets: 1.04 (As of Dec. 2025)


LSE:JCH JPMorgan Claverhouse Investment Trust PLC LSE:JCH
54 GF Score
Price £9.46
GF Value £25.53
Valuation Possible Value Trap
! 4 Warning Signs
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What is JPMorgan Claverhouse Investment Trust Scaled Net Operating Assets?

JPMorgan Claverhouse Investment Trust LSE:JCH +0.42% 54 Scaled Net Operating Assets is 1.04 as of Dec. 2025. GuruFocus rates LSE:JCH with a GF Score™ of 54/100 and a GF Value™ of £25.53 (Possible Value Trap). The stock has 4 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.

JPMorgan Claverhouse Investment Trust's operating assets for the quarter that ended in Dec. 2025 was £507.5 Mil. JPMorgan Claverhouse Investment Trust's operating liabilities for the quarter that ended in Dec. 2025 was £0.6 Mil. JPMorgan Claverhouse Investment Trust's Total Assets for the quarter that ended in Jun. 2025 was £488.1 Mil. Therefore, JPMorgan Claverhouse Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.04.

LSE:JCH
54GF Score
JPMorgan Claverhouse Investment Trust PLC LSE:JCH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Claverhouse Investment Trust 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 Claverhouse Investment Trust'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 )
=(507.46-0.565)/450.257
=1.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=518.996 - 11.536
=507.46

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.565 - 30 - 0
=0.565

JPMorgan Claverhouse Investment Trust'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 )
=(507.46-0.565)/488.146
=1.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=518.996 - 11.536
=507.46

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.565 - 30 - 0
=0.565

* 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 1.04 mean?
JPMorgan Claverhouse Investment Trust (LSE:JCH) has a Scaled Net Operating Assets of 1.04 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 JPMorgan Claverhouse Investment Trust and its competitors.
Is JPMorgan Claverhouse Investment Trust's Scaled Net Operating Assets too high?
JPMorgan Claverhouse Investment Trust's current Scaled Net Operating Assets is 1.04. Overall, JPMorgan Claverhouse Investment Trust has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Claverhouse Investment Trust's Scaled Net Operating Assets compare to BLK and BX?
JPMorgan Claverhouse Investment Trust's Scaled Net Operating Assets of 1.04 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 Claverhouse Investment Trust and its competitors. JPMorgan Claverhouse Investment Trust's current Scaled Net Operating Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Claverhouse Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Claverhouse Investment Trust (LSE:JCH) is currently considered Possible Value Trap. The stock's GF Value™ is £25.53, compared to a current price of £9.46 — trading 62.9% below its estimated fair value. The current Scaled Net Operating Assets is 1.04. JPMorgan Claverhouse Investment Trust'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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For JPMorgan Claverhouse Investment Trust (LSE:JCH), the current Scaled Net Operating Assets is 1.04 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 Claverhouse Investment Trust (LSE:JCH) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Claverhouse Investment Trust stock appears to be undervalued. The current stock price of £9.46 is trading 62.9% below its estimated GF Value™ of £25.53. GuruFocus considers JPMorgan Claverhouse Investment Trust to be Possible Value Trap.

Key valuation signals for LSE:JCH:

  • Scaled Net Operating Assets: 1.04
  • GF Value™: £25.53 vs. price of £9.46 (62.9% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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

JPMorgan Claverhouse Investment Trust Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Claverhouse Investment Trust PLC is a UK-based investment trust company. Its investment objective is to provide shareholders with a combination of capital and income growth from UK investments. The company mainly invests in a diversified portfolio, with a predominant focus on companies listed on the London Stock Exchange. The portfolio typically comprises between sixty and eighty investments across a broad range of sectors, including Financials, Industrials, Technology, Consumer Staples, Basic Materials, and Real Estate, among others. Its performance is benchmarked against the FTSE All-Share Index on a total return basis.
54GF 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.

£9.46
Price
£25.53
GF Value