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

The Baillie Gifford Japan Trust (LON:BGFD) issued its quarterly earnings results on Wednesday. The company reported GBX 7.47 earnings per share for the quarter, Digital Look Earnings reports. The Baillie Gifford Japan Trust had a net margin of 158.45% and a return on equity of 19.34%. The company had revenue of GBX 1,446 million during the quarter.

The Baillie Gifford Japan Trust Stock Performance

Shares of BGFD opened at GBX 1,048 on Thursday. The Baillie Gifford Japan Trust has a 12 month low of GBX 811.10 and a 12 month high of GBX 1,114. The firm has a fifty day simple moving average of GBX 1,071.31 and a 200 day simple moving average of GBX 975.59. The stock has a market capitalization of £670.93 million, a price-to-earnings ratio of 5.55 and a beta of 0.98. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 7.29.

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.