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

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

The Baillie Gifford Japan Trust Stock Down 0.4%

BGFD stock opened at GBX 858.62 on Friday. The firm’s fifty day moving average is GBX 890.88 and its 200 day moving average is GBX 904.60. The firm has a market cap of £643.03 million, a PE ratio of 5.68 and a beta of 0.73. The Baillie Gifford Japan Trust has a one year low of GBX 623.45 and a one year high of GBX 957.38. The company has a debt-to-equity ratio of 14.71, a quick ratio of 0.14 and a current ratio of 66.62.

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.