JPMorgan Smaller Companies Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. More Details
Share Price & News
How has JPMorgan Smaller Companies Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JMI is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JMI's weekly volatility (4%) has been stable over the past year.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: JMI exceeded the UK Capital Markets industry which returned 14.4% over the past year.
Return vs Market: JMI exceeded the UK Market which returned 1.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is JPMorgan Smaller Companies Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is JPMorgan Smaller Companies Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JMI (£3.59) is trading below our estimate of fair value (£6.05)
Significantly Below Fair Value: JMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JMI is poor value based on its PE Ratio (36.7x) compared to the GB Capital Markets industry average (21.1x).
PE vs Market: JMI is poor value based on its PE Ratio (36.7x) compared to the UK market (24.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JMI is good value based on its PB Ratio (1.3x) compared to the GB Capital Markets industry average (1.6x).
How is JPMorgan Smaller Companies Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as JPMorgan Smaller Companies Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has JPMorgan Smaller Companies Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JMI has high quality earnings.
Growing Profit Margin: JMI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: JMI's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: JMI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: JMI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2%).
Return on Equity
High ROE: JMI's Return on Equity (3.6%) is considered low.
How is JPMorgan Smaller Companies Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: JMI's short term assets (£5.6M) do not cover its short term liabilities (£23.7M).
Long Term Liabilities: JMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JMI's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: JMI's debt to equity ratio has reduced from 10.6% to 10% over the past 5 years.
Debt Coverage: JMI's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: JMI's interest payments on its debt are well covered by EBIT (28.7x coverage).
What is JPMorgan Smaller Companies Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JMI's dividend (1.53%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).
High Dividend: JMI's dividend (1.53%) is low compared to the top 25% of dividend payers in the UK market (4.48%).
Stability and Growth of Payments
Stable Dividend: JMI's dividends per share have been stable in the past 10 years.
Growing Dividend: JMI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.3%), JMI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
JPMorgan Smaller Companies Investment Trust has no CEO, or we have no data on them.
|Independent Non-Executive Director||24.08yrs||UK£21.00k||no data|
|Independent Non-Executive Director||13.92yrs||UK£24.00k||0% |
|Director||no data||no data||0.0038% |
|Independent Non-Executive Director||8yrs||UK£21.00k||0.0052% |
Experienced Board: JMI's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JPMorgan Smaller Companies Investment Trust plc's company bio, employee growth, exchange listings and data sources
- Name: JPMorgan Smaller Companies Investment Trust plc
- Ticker: JMI
- Exchange: LSE
- Founded: 1990
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£279.425m
- Shares outstanding: 78.05m
- Website: https://am.jpmorgan.co.uk/investment-trusts/trusts/smaller-companies-jpm-it.aspx?isin=GB0007416000
- JPMorgan Smaller Companies Investment Trust plc
- 20 Finsbury Street
- Finsbury Dials
- Greater London
- EC2Y 9AQ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JMI||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|JMIL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
JPMorgan Smaller Companies Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It inve...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/03 19:12|
|End of Day Share Price||2021/03/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.