The Baillie Gifford Japan Trust (LON:BGFD) Posts Earnings Results

Key Points

• The Baillie Gifford Japan Trust reported quarterly earnings of GBX 3.03 EPS on revenue of GBX 680 million, with a net margin of 165.85% and a return on equity of 16.64%.
• Shares fell GBX 16.38 to GBX 858.62 on the day with below‑average volume; the trust has a market cap of £643.03m, a P/E of 5.68, a 1‑year range of GBX 623.45–957.38, and 50/200‑day moving averages near GBX 892/905.

The Baillie Gifford Japan Trust (LON:BGFD - ) issued its quarterly earnings results on Thursday. The company reported GBX 3.03 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 680 million during the quarter. The Baillie Gifford Japan Trust had a net margin of 165.85% and a return on equity of 16.64%.

The Baillie Gifford Japan Trust Price Performance

BGFD stock traded down GBX 16.38 during midday trading on Thursday, reaching GBX 858.62. The company had a trading volume of 403,793 shares, compared to its average volume of 559,517. The Baillie Gifford Japan Trust has a 1-year low of GBX 623.45 and a 1-year high of GBX 957.38. The company has a market capitalization of £643.03 million, a price-to-earnings ratio of 5.68 and a beta of 0.88. The company has a debt-to-equity ratio of 14.71, a current ratio of 66.62 and a quick ratio of 0.14. The stock has a 50 day moving average price of GBX 892.10 and a 200-day moving average price of GBX 904.92.

The Baillie Gifford Japan Trust Company Profile

The Trust aims to pursue long-term capital growth principally through investment in medium to smaller sized Japanese companies which are believed to have above average prospects for growth. We invest in a spread of 40–70 companies, predominantly medium and smaller sized, that we believe offer good growth opportunities. Growth may come from innovative business models, disrupting traditional Japanese practices or market opportunities, such as growth from overseas. We aim to take a three to five year view and the Trust is managed by looking at the underlying investments rather than the benchmark which is TOPIX total return.

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