LSE:JPS

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JPMorgan Japan Smaller Companies Trust

Executive Summary

JPMorgan Japan Smaller Companies Trust plc is an open-ended equity mutual fund launched by JPMorgan Funds Limited. More Details

Rewards


Snowflake Analysis

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

JPS

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

33.7%

JPS

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: JPS exceeded the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: JPS exceeded the UK Market which returned -14.8% over the past year.


Shareholder returns

JPSIndustryMarket
7 Day-0.6%-2.6%-1.9%
30 Day9.6%-0.2%0.7%
90 Day20.9%-2.6%-4.8%
1 Year39.6%33.7%2.5%-0.9%-13.0%-16.2%
3 Year55.0%38.8%20.7%6.3%-9.4%-20.6%
5 Year144.8%119.3%60.8%31.5%13.5%-12.0%

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

Valuation

Is JPMorgan Japan Smaller Companies Trust undervalued compared to its fair value and its price relative to the market?

30.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JPS (£5.37) is trading below our estimate of fair value (£7.7)

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 GB 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's PB Ratio (1.3x) is in line with the GB Capital Markets industry average.

Future Growth

How is JPMorgan Japan Smaller Companies Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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.

Past Performance

How has JPMorgan Japan Smaller Companies Trust performed over the past 5 years?

-26.1%

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 26.1% 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 (0.9%).


Return on Equity

High ROE: JPS has a negative Return on Equity (-2.88%), as it is currently unprofitable.

Financial Health

How is JPMorgan Japan Smaller Companies Trust's financial position?


Financial Position Analysis

Short Term Liabilities: JPS's short term assets (£14.8M) exceed its short term liabilities (£1.3M).

Long Term Liabilities: JPS's short term assets (£14.8M) do not cover its long term liabilities (£29.9M).


Debt to Equity History and Analysis

Debt Level: JPS's debt to equity ratio (13.6%) is considered satisfactory.

Reducing Debt: JPS's debt to equity ratio has increased from 12.8% to 13.6% over the past 5 years.

Debt Coverage: JPS's debt is not well covered by operating cash flow (1.3%).

Interest Coverage: Insufficient data to determine if JPS's interest payments on its debt are well covered by EBIT.


Balance Sheet

Dividend

What is JPMorgan Japan Smaller Companies Trust current dividend yield, its reliability and sustainability?

3.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JPS's dividend (3.3%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: JPS's dividend (3.3%) is low compared to the top 25% of dividend payers in the UK market (5.32%).


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.

Management

How experienced are the management team and are they aligned to shareholders interests?

14.8yrs

Average board tenure


CEO

JPMorgan Japan Smaller Companies Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Alan Clifton
Chairman17.33yrsUK£30.00kno data
Bernard Grigsby
Director17.17yrsUK£21.50kno data
Christopher Russell
Director14.75yrsUK£24.50kno data
Robert White
Director12yrsUK£21.50kno data
Yuuichiro Nakajima
Non Executive Director6.5yrsno data0.0092%
£ 26.5k

14.8yrs

Average Tenure

70.5yo

Average Age

Experienced Board: JPS's board of directors are seasoned and experienced ( 14.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JPMorgan Japan Smaller Companies Trust plc's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • JPMorgan Japan Smaller Companies Trust plc
  • 20 Finsbury Street
  • Finsbury Dials
  • London
  • Greater London
  • EC2Y 9AQ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JPSLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2000
JPSlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPApr 2000

Biography

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 Manage ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:43
End of Day Share Price2020/10/21 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.