Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited.
Share Price & News
How has Aberdeen Asian Income Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAIF has not had significant price volatility in the past 3 months.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: AAIF underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: AAIF underperformed the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Aberdeen Asian Income Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Aberdeen Asian Income Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AAIF (£1.71) is trading below our estimate of fair value (£3.07)
Significantly Below Fair Value: AAIF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AAIF is good value based on its PE Ratio (7.7x) compared to the Capital Markets industry average (15.4x).
PE vs Market: AAIF is good value based on its PE Ratio (7.7x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AAIF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAIF is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.6x).
How is Aberdeen Asian Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aberdeen Asian Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Aberdeen Asian Income Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAIF has high quality earnings.
Growing Profit Margin: AAIF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AAIF's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: AAIF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAIF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.4%).
Return on Equity
High ROE: AAIF's Return on Equity (9.8%) is considered low.
How is Aberdeen Asian Income Fund's financial position?
Financial Position Analysis
Short Term Liabilities: AAIF's short term assets (£5.0M) do not cover its short term liabilities (£27.6M).
Long Term Liabilities: AAIF's short term assets (£5.0M) do not cover its long term liabilities (£10.0M).
Debt to Equity History and Analysis
Debt Level: AAIF's debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: AAIF's debt to equity ratio has increased from 7.7% to 8.9% over the past 5 years.
Debt Coverage: AAIF's debt is well covered by operating cash flow (35.6%).
Interest Coverage: AAIF's interest payments on its debt are well covered by EBIT (38.6x coverage).
What is Aberdeen Asian Income Fund's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAIF's dividend (5.41%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: AAIF's dividend (5.41%) is low compared to the top 25% of dividend payers in the UK market (5.68%).
Stability and Growth of Payments
Stable Dividend: AAIF's dividends per share have been stable in the past 10 years.
Growing Dividend: AAIF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.5%), AAIF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Aberdeen Asian Income Fund has no CEO, or we have no data on them.
|Independent Non-Executive Director of Aberdeen Asset Management Asia Limited||14.42yrs||UK£28.00k||no data|
|Chairman of Aberdeen Asset Management Asia Limited||no data||UK£35.00k||0.033% £99.5k|
|Senior Independent Non-Executive Director of Aberdeen Asset Management Asia Limited||no data||UK£25.00k||no data|
|Independent Non-Executive Director of Aberdeen Asset Management Asia Limited||14.42yrs||UK£24.00k||no data|
|Independent Non-Executive Director of Aberdeen Asset Management Asia Limited||8.17yrs||UK£24.00k||0.034% £102.6k|
Experienced Board: AAIF's board of directors are seasoned and experienced ( 14.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aberdeen Asian Income Fund Limited's company bio, employee growth, exchange listings and data sources
- Name: Aberdeen Asian Income Fund Limited
- Ticker: AAIF
- Exchange: LSE
- Founded: 2005
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£302.687m
- Shares outstanding: 177.01m
- Website: https://www.asian-income.co.uk/itasianincomefund/
- Aberdeen Asian Income Fund Limited
- 21 Church Street
- Suite 01-01 Capital Square Two
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AAIF||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Dec 2005|
|ABBA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2005|
|AAIFl||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Dec 2005|
Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity and fixed income markets of the Asia Pacific Region. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of companies across all market capitalization. For the fixed income component, it invests in the debt issued by governments or companies in the Asia Pacific region or denominated in Asian Pacific currencies. The fund benchmarks the performance of its portfolio against the MSCI AC Asia Pacific ex Japan. Aberdeen Asian Income Fund Limited was formed on December 20, 2005 and is domiciled in Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 22:00|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.