JPMorgan Elect (LSE:JPEG) Asset Turnover: -0.06 (As of Feb. 2022)


What is JPMorgan Elect Asset Turnover?

JPMorgan Elect LSE:JPEG 4 Asset Turnover is -0.06 as of Feb. 2022. GuruFocus rates LSE:JPEG with a GF Score™ of 4/100. The stock has 4 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 Elect's Revenue for the six months ended in Feb. 2022 was £-22.61 Mil. JPMorgan Elect's Total Assets for the quarter that ended in Feb. 2022 was £393.91 Mil. Therefore, JPMorgan Elect's Asset Turnover for the quarter that ended in Feb. 2022 was -0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. JPMorgan Elect's annualized ROE % for the quarter that ended in Feb. 2022 was -11.86%. It is also linked to ROA % through Du Pont Formula. JPMorgan Elect's annualized ROA % for the quarter that ended in Feb. 2022 was -11.64%.

JPMorgan Elect  (LSE:JPEG) Asset Turnover Explanation

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

JPMorgan Elect's annulized ROE % for the quarter that ended in Feb. 2022 is

ROE %**(Q: Feb. 2022 )
=Net Income/Total Stockholders Equity
=-45.84/386.429
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-45.84 / -45.224)*(-45.224 / 393.908)*(393.908/ 386.429)
=Net Margin %*Asset Turnover*Equity Multiplier
=101.36 %*-0.1148*1.0194
=ROA %*Equity Multiplier
=-11.64 %*1.0194
=-11.86 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2022) net income data. The Revenue data used here is two times the semi-annual (Feb. 2022) 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 Elect's annulized ROA % for the quarter that ended in Feb. 2022 is

ROA %(Q: Feb. 2022 )
=Net Income/Total Assets
=-45.84/393.908
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-45.84 / -45.224)*(-45.224 / 393.908)
=Net Margin %*Asset Turnover
=101.36 %*-0.1148
=-11.64 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2022) net income data. The Revenue data used here is two times the semi-annual (Feb. 2022) 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 Elect Asset Turnover Related Terms

JPMorgan Elect Asset Turnover Historical Data

* Premium members only.

The historical data trend for JPMorgan Elect'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 Elect Asset Turnover Chart

JPMorgan Elect Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.10 -0.01 -0.02 0.28

JPMorgan Elect Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22
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 -0.03 0.01 0.13 0.14 -0.06

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

For the Asset Management subindustry, JPMorgan Elect'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 Elect Asset Turnover vs Asset Management Industry

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

* The bar in red indicates where JPMorgan Elect's Asset Turnover falls into.


JPMorgan Elect Asset Turnover Calculation

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

JPMorgan Elect's Asset Turnover for the fiscal year that ended in Aug. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2021 )/( (Total Assets (A: Aug. 2020 )+Total Assets (A: Aug. 2021 ))/ count )
=103.04/( (339.29+410.532)/ 2 )
=103.04/374.911
=0.27

JPMorgan Elect's Asset Turnover for the quarter that ended in Feb. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2022 )/( (Total Assets (Q: Aug. 2021 )+Total Assets (Q: Feb. 2022 ))/ count )
=-22.612/( (410.532+377.284)/ 2 )
=-22.612/393.908
=-0.06

* 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 -0.06 mean?
JPMorgan Elect (LSE:JPEG) has a Asset Turnover of -0.06 as of Feb. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JPMorgan Elect and its competitors.
Is JPMorgan Elect's Asset Turnover too high?
JPMorgan Elect's current Asset Turnover is -0.06. Overall, JPMorgan Elect has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Elect's Asset Turnover compare to BLK and BX?
JPMorgan Elect's Asset Turnover of -0.06 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 Elect and its competitors. JPMorgan Elect's current Asset Turnover is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Elect stock overvalued right now?
JPMorgan Elect (LSE:JPEG) has a current Asset Turnover of -0.06. The current Asset Turnover is -0.06. JPMorgan Elect's overall GF Score™ is 4/100 with 4 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 Elect (LSE:JPEG), the current Asset Turnover is -0.06 as of Feb. 2022. 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.

JPMorgan Elect Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Elect PLC is an investment trust company. It has a diversified portfolio of investments which consists of managed growth, managed income, and managed cash. It aims to achieve long-term capital growth by investing in investment trusts and open-ended funds. In addition, it also aims to achieve a growing income return with the potential for long-term capital growth by investing in equities, investment companies, and fixed income securities. The company's revenue consists of dividends from investments in open-end funds, equities, and fixed income securities.