As of May 23, 2025, JPMorgan Global Core Real Assets Ltd's estimated intrinsic value ranges from $85.42 to $85.42 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Earnings Power Value | $85.42 | +8.1% |
Is JPMorgan Global Core Real Assets Ltd (JARA.L) undervalued or overvalued?
With the current market price at $79.00, the stock appears to be fairly valued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate JPMorgan Global Core Real Assets Ltd's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.92 | 1.31 |
| Cost of equity | 9.5% | 14.1% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 2.8% | 3.8% |
| Debt/Equity ratio | 1 | 1 |
| After-tax WACC | 7.2% | 9.5% |
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $12M |
| Discount Rate (WACC) | 9.5% - 7.2% |
| Enterprise Value | $131M - $173M |
| Net Debt | $(2)M |
| Equity Value | $133M - $175M |
| Outstanding Shares | 2M |
| Fair Value | $74 - $97 |
| Selected Fair Value | $85.42 |
| Metric | Value |
|---|---|
| Market Capitalization | $142M |
| Enterprise Value | $140M |
| Trailing P/E | 0.00 |
| Forward P/E | 0.00 |
| Trailing EV/EBITDA | 6.80 |
| Current Dividend Yield | 645.96% |
| Dividend Growth Rate (5Y) | 0.00% |
| Debt-to-Equity Ratio | 0.98 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Earnings Power Value | 100% | $8.54 |
| Weighted Average | 100% | $85.42 |
Based on our comprehensive valuation analysis, JPMorgan Global Core Real Assets Ltd's weighted average intrinsic value is $85.42, which is approximately 8.1% above the current market price of $79.00.
Key investment considerations:
Given these factors, we believe JPMorgan Global Core Real Assets Ltd is currently fairly valued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.