JPMorgan India Growth &ome (LSE:JIGI) Asset Turnover: -0.20 (As of Mar. 2026)


LSE:JIGI JPMorgan India Growth & Income PLC LSE:JIGI
45 GF Score
Price £8.90
GF Value £31.17
Valuation Significantly Undervalued
! 2 Warning Signs
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What is JPMorgan India Growth &ome Asset Turnover?

JPMorgan India Growth &ome LSE:JIGI -0.45% 45 Asset Turnover is -0.20 as of Mar. 2026. GuruFocus rates LSE:JIGI with a GF Score™ of 45/100 and a GF Value™ of £31.17 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JPMorgan India Growth &ome's Revenue for the six months ended in Mar. 2026 was £-91.19 Mil. JPMorgan India Growth &ome's Total Assets for the quarter that ended in Mar. 2026 was £465.91 Mil. Therefore, JPMorgan India Growth &ome's Asset Turnover for the quarter that ended in Mar. 2026 was -0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. JPMorgan India Growth &ome's annualized ROE % for the quarter that ended in Mar. 2026 was -35.74%. It is also linked to ROA % through Du Pont Formula. JPMorgan India Growth &ome's annualized ROA % for the quarter that ended in Mar. 2026 was -34.75%.


JPMorgan India Growth &ome  (LSE:JIGI) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

JPMorgan India Growth &ome's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-161.894/452.972
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-161.894 / -182.386)*(-182.386 / 465.9065)*(465.9065/ 452.972)
=Net Margin %*Asset Turnover*Equity Multiplier
=88.76 %*-0.3915*1.0286
=ROA %*Equity Multiplier
=-34.75 %*1.0286
=-35.74 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

JPMorgan India Growth &ome's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-161.894/465.9065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-161.894 / -182.386)*(-182.386 / 465.9065)
=Net Margin %*Asset Turnover
=88.76 %*-0.3915
=-34.75 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


JPMorgan India Growth &ome Asset Turnover Related Terms


JPMorgan India Growth &ome Asset Turnover Historical Data

* Premium members only.

The historical data trend for JPMorgan India Growth &ome's Asset Turnover 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.

JPMorgan India Growth &ome Asset Turnover Chart

JPMorgan India Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.05 0.02 0.20 -0.13

JPMorgan India Growth &ome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover 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 0.07 0.13 -0.10 -0.02 -0.20

LSE:JIGI vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, JPMorgan India Growth &ome's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 India Growth &ome Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan India Growth &ome's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JPMorgan India Growth &ome's Asset Turnover falls into.


LSE:JIGI
45GF Score
JPMorgan India Growth & Income PLC LSE:JIGI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan India Growth &ome Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

JPMorgan India Growth &ome's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=-93.314/( (903.334+520.968)/ 2 )
=-93.314/712.151
=-0.13

JPMorgan India Growth &ome's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-91.193/( (520.968+410.845)/ 2 )
=-91.193/465.9065
=-0.20

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of -0.20 mean?
JPMorgan India Growth &ome (LSE:JIGI) has a Asset Turnover of -0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JPMorgan India Growth &ome and its competitors.
Is JPMorgan India Growth &ome's Asset Turnover too high?
JPMorgan India Growth &ome's current Asset Turnover is -0.20. Overall, JPMorgan India Growth &ome has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan India Growth &ome's Asset Turnover compare to BLK and BX?
JPMorgan India Growth &ome's Asset Turnover of -0.20 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 Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JPMorgan India Growth &ome and its competitors. JPMorgan India Growth &ome's current Asset Turnover is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan India Growth &ome stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan India Growth &ome (LSE:JIGI) is currently considered Significantly Undervalued. The stock's GF Value™ is £31.17, compared to a current price of £8.90 — trading 71.4% below its estimated fair value. The current Asset Turnover is -0.20. JPMorgan India Growth &ome's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For JPMorgan India Growth &ome (LSE:JIGI), the current Asset Turnover is -0.20 as of Mar. 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 India Growth &ome (LSE:JIGI) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan India Growth &ome stock appears to be undervalued. The current stock price of £8.90 is trading 71.4% below its estimated GF Value™ of £31.17. GuruFocus considers JPMorgan India Growth &ome to be Significantly Undervalued.

Key valuation signals for LSE:JIGI:

  • Asset Turnover: -0.20
  • GF Value™: £31.17 vs. price of £8.90 (71.4% below fair value)
  • GF Score™: 45/100 with 2 warning signs

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


JPMorgan India Growth &ome Business Description

Other Exchanges JIGIl:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan India Growth & Income PLC is an investment trust that aims to provide capital growth from Indian investments. The Company's objective is to achieve capital growth from predominantly quoted Indian investments by outperforming the MSCI India Index. It invests in a diversified portfolio of quoted Indian companies and companies that earn a material portion of their revenues from India.
45GF Score

Get the complete analysis for LSE:JIGI

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£8.90
Price
£31.17
GF Value