JPMorgan American Investment Trust

LSE:JAM UK Asset Management
Market Cap
$22.68 Million
GBX186.37 Billion GBX
Market Cap Rank
#47881 Global
#1112 in UK
Share Price
GBX1102.00
Change (1 day)
-0.54%
52-Week Range
GBX872.00 - GBX1146.00
All Time High
GBX1186.00
Categories
Companies in UK Asset Management Banking & Financial
About

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large cap companies. It employs … Read more

JPMorgan American Investment Trust (JAM) - Net Assets

Latest net assets as of June 2025: GBX1.86 Billion GBX

Based on the latest financial reports, JPMorgan American Investment Trust (JAM) has net assets worth GBX1.86 Billion GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.96 Billion) and total liabilities (GBX102.83 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX1.86 Billion
% of Total Assets 94.76%
Annual Growth Rate 5.68%
5-Year Change 64.08%
10-Year Change 143.4%
Growth Volatility 15.98

JPMorgan American Investment Trust - Net Assets Trend (2000–2024)

This chart illustrates how JPMorgan American Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for JPMorgan American Investment Trust (2000–2024)

The table below shows the annual net assets of JPMorgan American Investment Trust from 2000 to 2024.

Year Net Assets Change
2024-12-31 GBX1.99 Billion +27.10%
2023-12-31 GBX1.56 Billion +19.93%
2022-12-31 GBX1.30 Billion -12.84%
2021-12-31 GBX1.50 Billion +23.49%
2020-12-31 GBX1.21 Billion +14.64%
2019-12-31 GBX1.06 Billion +14.97%
2018-12-31 GBX919.18 Million -6.25%
2017-12-31 GBX980.43 Million -0.49%
2016-12-31 GBX985.22 Million +20.63%
2015-12-31 GBX816.70 Million +1.56%
2014-12-31 GBX804.15 Million +25.22%
2013-12-31 GBX642.21 Million +38.19%
2012-12-31 GBX464.73 Million +16.07%
2011-12-31 GBX400.38 Million +7.05%
2010-12-31 GBX374.02 Million +16.35%
2009-12-31 GBX321.47 Million +9.46%
2008-12-31 GBX293.68 Million -8.65%
2007-12-31 GBX321.47 Million +3.04%
2006-12-31 GBX311.99 Million +0.96%
2005-12-31 GBX309.02 Million +6.69%
2004-12-31 GBX289.65 Million -7.48%
2003-12-31 GBX313.08 Million +6.09%
2002-12-31 GBX295.09 Million -38.49%
2001-12-31 GBX479.78 Million -9.21%
2000-12-31 GBX528.47 Million --

Equity Component Analysis

This analysis shows how different components contribute to JPMorgan American Investment Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 244.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX36.29 Million 1.83%
Common Stock GBX14.08 Million 0.71%
Other Comprehensive Income GBX1.78 Billion 89.43%
Other Components GBX159.82 Million 8.04%
Total Equity GBX1.99 Billion 100.00%

JPMorgan American Investment Trust Competitors by Market Cap

The table below lists competitors of JPMorgan American Investment Trust ranked by their market capitalization.

Company Market Cap
Bakkt Holdings Inc. Warrant
NYSE:BKKT-WT
 		$1.25K
CONTROLADORA ALPEK SHARES
MX:CTALPEKA
 		$1.26K
G Enone Energy Co. Ltd.
KO:270520
 		$1.26K
JFEN3F
SA:JFEN3F
 		$1.26K
AFRICURE PHARMACUETICALS LTD
SEM:AFRP
 		$1.25K
UBLPakistanETF XD
KAR:UBLPETF
 		$1.25K
River Road Resources Ltd.
V:RRRL
 		$1.25K
HYDROGEN PRO ASA NK -02
F:R6Z
 		$1.25K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JPMorgan American Investment Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,563,999,000 to 1,987,845,000, a change of 423,846,000 (27.1%).
  • Net income of 471,817,000 contributed positively to equity growth.
  • Dividend payments of 14,597,000 reduced retained earnings.
  • Share repurchases of 48,069,000 reduced equity.
  • New share issuances of 14,624,000 increased equity.
  • Other comprehensive income increased equity by 1,764,545,000.
  • Other factors decreased equity by 1,764,474,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX471.82 Million +23.74%
Dividends Paid GBX14.60 Million -0.73%
Share Repurchases GBX48.07 Million -2.42%
Share Issuances GBX14.62 Million +0.74%
Other Comprehensive Income GBX1.76 Billion +88.77%
Other Changes GBX-1.76 Billion -88.76%
Total Change GBX- 27.10%

Book Value vs Market Value Analysis

This analysis compares JPMorgan American Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 100.67x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 1096.87x to 100.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 GBX1.00 GBX1102.00 x
2003-12-31 GBX1.17 GBX1102.00 x
2004-12-31 GBX1.23 GBX1102.00 x
2005-12-31 GBX1.39 GBX1102.00 x
2006-12-31 GBX1.44 GBX1102.00 x
2007-12-31 GBX1.49 GBX1102.00 x
2008-12-31 GBX1.37 GBX1102.00 x
2009-12-31 GBX1.50 GBX1102.00 x
2010-12-31 GBX1.75 GBX1102.00 x
2011-12-31 GBX1.80 GBX1102.00 x
2012-12-31 GBX1.93 GBX1102.00 x
2013-12-31 GBX2.49 GBX1102.00 x
2014-12-31 GBX2.91 GBX1102.00 x
2015-12-31 GBX2.94 GBX1102.00 x
2016-12-31 GBX3.70 GBX1102.00 x
2017-12-31 GBX4.07 GBX1102.00 x
2018-12-31 GBX4.11 GBX1102.00 x
2019-12-31 GBX4.94 GBX1102.00 x
2020-12-31 GBX5.93 GBX1102.00 x
2021-12-31 GBX7.64 GBX1102.00 x
2022-12-31 GBX6.81 GBX1102.00 x
2023-12-31 GBX8.51 GBX1102.00 x
2024-12-31 GBX10.95 GBX1102.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JPMorgan American Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 23.74%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 280.94%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.04x
  • Recent ROE (23.74%) is above the historical average (10.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 15.48% 86.75% 0.15x 1.16x GBX17.14 Million
2004 3.37% 59.76% 0.05x 1.17x GBX-19.22 Million
2005 13.89% 87.01% 0.14x 1.16x GBX12.02 Million
2006 2.47% 53.36% 0.04x 1.16x GBX-23.50 Million
2007 5.61% 73.48% 0.07x 1.16x GBX-14.12 Million
2008 -7.86% 0.00% -0.04x 1.19x GBX-52.45 Million
2009 10.10% 83.42% 0.10x 1.16x GBX336.40K
2010 15.07% 89.25% 0.15x 1.14x GBX18.95 Million
2011 0.67% 27.22% 0.02x 1.13x GBX-37.34 Million
2012 7.60% 94.64% 0.07x 1.11x GBX-11.16 Million
2013 22.77% 98.52% 0.21x 1.11x GBX81.99 Million
2014 17.21% 97.67% 0.16x 1.10x GBX57.97 Million
2015 4.47% 91.85% 0.04x 1.11x GBX-45.20 Million
2016 23.88% 98.44% 0.22x 1.10x GBX136.80 Million
2017 11.44% 97.08% 0.11x 1.11x GBX14.11 Million
2018 0.45% 57.04% 0.01x 1.00x GBX-87.80 Million
2019 18.33% 98.20% 0.18x 1.04x GBX88.07 Million
2020 18.25% 98.60% 0.17x 1.08x GBX99.98 Million
2021 21.96% 99.06% 0.21x 1.07x GBX178.97 Million
2022 -11.01% 0.00% -0.10x 1.09x GBX-274.00 Million
2023 20.35% 98.24% 0.20x 1.05x GBX161.92 Million
2024 23.74% 280.94% 0.08x 1.04x GBX273.03 Million

Industry Comparison

This section compares JPMorgan American Investment Trust's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $381,578,830
  • Average return on equity (ROE) among peers: 2.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JPMorgan American Investment Trust (JAM) GBX1.86 Billion 15.48% 0.06x $1.25K
3I Infrastructure PLC (3IN) $1.25 Billion 6.43% 0.14x $396.99K
450 PLC (450) $5.16 Million -13.53% 0.02x $1.71K
abrdn Asian Income Fund Limited (AAIF) $398.87 Million 2.19% 0.09x $340.47
Abrdn Asia Focus PLC (AAS) $109.83 Million -14.86% 0.05x $438.52
Albion Technology & General VCT PLC (AATG) $72.65 Million 5.77% 0.01x $73.82
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $343.29 Million -4.87% 0.24x $16.84
Aquila Energy Efficiency Trust PLC (AEET) $97.38 Million -0.64% 0.00x $2.38K
Aquila European Renewables Income PLC (AERI) $316.90 Million -0.37% 0.13x $2.47K
Artemis UK Future Leaders plc (AFL) $111.28 Million 27.82% 0.00x $409.33
AVI Global Trust PLC (AGT) $1.11 Billion 12.82% 0.15x $2.81 Million