JPMorgan Japan Smaller Companies Trust plc is an open-ended equity mutual fund launched by JPMorgan Funds Limited.
Share Price & News
How has JPMorgan Japan Smaller Companies Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JPS's share price has been volatile over the past 3 months.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: JPS exceeded the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: JPS exceeded the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is JPMorgan Japan Smaller Companies Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is JPMorgan Japan Smaller Companies 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: JPS (£4.45) is trading below our estimate of fair value (£8.34)
Significantly Below Fair Value: JPS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JPS is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: JPS is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JPS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JPS is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.6x).
How is JPMorgan Japan Smaller Companies 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 Japan Smaller Companies 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 Japan Smaller Companies Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JPS is currently unprofitable.
Growing Profit Margin: JPS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JPS is unprofitable, and losses have increased over the past 5 years at a rate of -9.3% per year.
Accelerating Growth: Unable to compare JPS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JPS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.4%).
Return on Equity
High ROE: JPS has a negative Return on Equity (-3.1%), as it is currently unprofitable.
How is JPMorgan Japan Smaller Companies Trust's financial position?
Financial Position Analysis
Short Term Liabilities: JPS's short term assets (£12.0M) do not cover its short term liabilities (£32.3M).
Long Term Liabilities: JPS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JPS's debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: JPS's debt to equity ratio has reduced from 15.5% to 12.9% over the past 5 years.
Debt Coverage: JPS's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if JPS's interest payments on its debt are well covered by EBIT.
What is JPMorgan Japan Smaller Companies Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JPS's dividend (3.98%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: JPS's dividend (3.98%) is low compared to the top 25% of dividend payers in the UK market (5.68%).
Stability and Growth of Payments
Stable Dividend: JPS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JPS has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: JPS is paying a dividend but the company is unprofitable.
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 Japan Smaller Companies Trust has no CEO, or we have no data on them.
|Non Executive Director||6yrs||no data||0.0092% £22.2k|
Experienced Board: JPS's board of directors are seasoned and experienced ( 14.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JPMorgan Japan Smaller Companies Trust plc's company bio, employee growth, exchange listings and data sources
- Name: JPMorgan Japan Smaller Companies Trust plc
- Ticker: JPS
- Exchange: LSE
- Founded: 2000
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£242.571m
- Shares outstanding: 54.51m
- Website: https://am.jpmorgan.co.uk/investment-trusts/trusts/japanese-smaller-companies-jpm-it.aspx?isin=GB0003165817
- JPMorgan Japan Smaller Companies Trust plc
- 20 Finsbury Street
- Finsbury Dials
- Greater London
- EC2Y 9AQ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JPS||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Apr 2000|
|JPSl||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Apr 2000|
JPMorgan Japan Smaller Companies Trust plc is an open-ended equity mutual fund launched by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited and JPMorgan Asset Management (Japan) Limited. It invests in the public equity markets of Japan. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid-cap companies. The fund benchmarks the performance of its portfolio against the Citigroup Equity Japan Extended Market Index. It was formerly known as JPMorgan Fleming Japanese Smaller Companies Investment Trust plc. JPMorgan Japan Smaller Companies Trust plc was formed on April 2000 and is domiciled in the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 08:02|
|End of Day Share Price||2020/05/29 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.