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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Scotia Group Jamaica's Revenue for the
six
months ended in Apr. 2026 was JMD37,121 Mil. Scotia Group Jamaica's Total Assets for the quarter that ended in Apr. 2026 was JMD808,818 Mil. Therefore, Scotia Group Jamaica's Asset Turnover for the quarter that ended in Apr. 2026 was 0.05.
Asset Turnover is linked to ROE % through Du Pont Formula. Scotia Group Jamaica's annualizedROE % for the quarter that ended in Apr. 2026 was 12.60%. It is also linked to ROA % through Du Pont Formula. Scotia Group Jamaica's annualizedROA % for the quarter that ended in Apr. 2026 was 2.49%.
Scotia Group Jamaica (XJAM:SGJ) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Scotia Group Jamaica's annulizedROE % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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:
Scotia Group Jamaica's annulizedROA % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.
Scotia Group Jamaica Asset Turnover Related Terms
Scotia Group Jamaica Asset Turnover Historical Data
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The historical data trend for Scotia Group Jamaica'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.
For the Banks - Regional subindustry, Scotia Group Jamaica'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.
Scotia Group Jamaica Asset Turnover vs Banks Industry
For the Banks industry and Financial Services sector, Scotia Group Jamaica's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Scotia Group Jamaica's Asset Turnover falls into.
* 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.
Scotia Group Jamaica (XJAM:SGJ) has a Asset Turnover of 0.05 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Scotia Group Jamaica and its competitors.
Is Scotia Group Jamaica's Asset Turnover too high?
Scotia Group Jamaica's current Asset Turnover is 0.05. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's Asset Turnover compare to PNC and USB?
Scotia Group Jamaica's Asset Turnover of 0.05 can be compared against companies in the Banks 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 a Banks company?
A good Asset Turnover depends on the Banks 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 Scotia Group Jamaica and its competitors. Scotia Group Jamaica's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD57.74, compared to a current price of JMD57.82 — trading 0.1% above its estimated fair value. The current Asset Turnover is 0.05. Scotia Group Jamaica's overall GF Score™ is 81/100 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 Scotia Group Jamaica (XJAM:SGJ), the current Asset Turnover is 0.05 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 Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?
Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be overvalued.
The current stock price of JMD57.82 is trading 0.1% above its estimated GF Value™ of JMD57.74.
GuruFocus considers Scotia Group Jamaica to be Fairly Valued.
Key valuation signals for XJAM:SGJ:
Asset Turnover: 0.05
GF Value™: JMD57.74 vs. price of JMD57.82 (0.1% above fair value)
No single metric tells the full story. See the XJAM:SGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.
81GF Score
Get the complete analysis for XJAM:SGJ
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