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

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

The Baillie Gifford Japan Trust Stock Down 0.8%

Shares of BGFD traded down GBX 7.92 during mid-day trading on Wednesday, hitting GBX 1,048.08. 94,184 shares of the company’s stock were exchanged, compared to its average volume of 458,147. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.14 and a current ratio of 0.14. The Baillie Gifford Japan Trust has a fifty-two week low of GBX 811.10 and a fifty-two week high of GBX 1,114. The company has a market cap of £670.98 million, a price-to-earnings ratio of 5.55 and a beta of 0.98. The stock’s 50-day moving average is GBX 1,071.19 and its 200-day moving average is GBX 974.93.

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.