What stands out to you as to why JMP is underperforming on ROE relative to this peer group? (note: analyze the components of the dupont analysis below and come up with a logical explanation) Company JMP, Co Nuts and Bolts, Inc Yellow Tree Corp ROE 8.66% 9.66% 11.49% PM TAT 19.25% 0.9 11.50% 0.4 4.69% 0.7 EM 0.5 2.1 3.5

What stands out to you as to why JMP is underperforming on ROE relative to this peer group? (note: analyze the components of the dupont analysis below and come up with a logical explanation)