# Schroder Asian Total Return Inv. Company (ATR.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 710p, market value 657 millionp.

## Valuation
- **P/E (trailing): 10.3×** (5-yr avg 1096.6×, 3-yr avg 966.7×). Schroder Asian Total Return Inv. Company trades at 10.3× trailing earnings, well below its own five-year average of 1096.6×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 7.1×**. Each dollar of revenue is priced at 7.1×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.8×**. Enterprise value is 3.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 1.5%** (5-yr avg 0.0%). Free cash flow equals 1.5% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 9.7%**. The inverse of the P/E: 9.7% of the price is earned each year.

## Profitability
- **Gross margin: 93.0%**. Schroder Asian Total Return Inv. Company keeps 93.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 88.4%**. 88.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 253.9%**. 253.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.1%**. 12.1% on shareholders' equity is solid.
- **Return on invested capital: 15.0%**. Return on all capital, debt included, is 15.0%: comfortably above what that capital costs.
- **Return on assets: 22.5%**. Each dollar of assets produces 22.5% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 135.4%** (5-yr 11.2%/yr). Revenue grew 135.4% over the last year, against 11.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 19.0%** (5-yr -10.5%/yr). Earnings per share rose 19.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -39.5%/yr**. Free cash flow has compounded at -39.5% a year over three years.

## Financial health
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: 2 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Schroder Asian Total Return Inv. Company does not currently pay a dividend, but it returned 2.6% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 42.0%** (YTD 26.6%, 3-mo 4.4%). The shares are up 42.0% over twelve months including dividends.
- **From 52-week high: -3.7%** (41.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.76** (volatility 23%). Beta of 0.76 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ATR.L · Page: https://foliofundamentals.com/stocks/atr.l

Not investment advice.