LSE:AAIF

Stock Analysis Report

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Executive Summary

Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. More Details

Rewards


Snowflake Analysis

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.


Market Performance


7 Day Return

0.8%

AAIF

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-4.6%

AAIF

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: AAIF underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: AAIF exceeded the UK Market which returned -14.8% over the past year.


Shareholder returns

AAIFIndustryMarket
7 Day0.8%-2.6%-1.9%
30 Day1.3%-0.2%0.7%
90 Day7.3%-2.6%-4.8%
1 Year1.3%-4.6%2.5%-0.9%-13.0%-16.2%
3 Year5.6%-7.9%20.7%6.3%-9.4%-20.6%
5 Year50.6%19.5%60.8%31.5%13.5%-12.0%

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

Valuation

Is Aberdeen Asian Income Fund undervalued compared to its fair value and its price relative to the market?

15.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AAIF (£1.99) is trading below our estimate of fair value (£2.34)

Significantly Below Fair Value: AAIF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AAIF is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: AAIF is unprofitable, so we can't compare its PE Ratio to the UK market.


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 (1x) compared to the GB Capital Markets industry average (1.3x).

Future Growth

How is Aberdeen Asian Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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.

Past Performance

How has Aberdeen Asian Income Fund performed over the past 5 years?

-5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAIF is currently unprofitable.

Growing Profit Margin: AAIF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAIF is unprofitable, and losses have increased over the past 5 years at a rate of 5.9% per year.

Accelerating Growth: Unable to compare AAIF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AAIF is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: AAIF has a negative Return on Equity (-10.02%), as it is currently unprofitable.

Financial Health

How is Aberdeen Asian Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: AAIF's short term assets (£7.4M) do not cover its short term liabilities (£39.1M).

Long Term Liabilities: AAIF's short term assets (£7.4M) exceed its long term liabilities (£19.0K).


Debt to Equity History and Analysis

Debt Level: AAIF's debt to equity ratio (10.3%) is considered satisfactory.

Reducing Debt: AAIF's debt to equity ratio has reduced from 10.4% to 10.3% over the past 5 years.

Debt Coverage: AAIF's debt is well covered by operating cash flow (32.1%).

Interest Coverage: Insufficient data to determine if AAIF's interest payments on its debt are well covered by EBIT.


Balance Sheet

Dividend

What is Aberdeen Asian Income Fund current dividend yield, its reliability and sustainability?

4.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AAIF's dividend (4.66%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: AAIF's dividend (4.66%) is low compared to the top 25% of dividend payers in the UK market (5.32%).


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: AAIF is paying a dividend but the company is unprofitable.


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.

Management

How experienced are the management team and are they aligned to shareholders interests?

14.9yrs

Average board tenure


CEO

Aberdeen Asian Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Andrey Berzins
Independent Non-Executive Director of Aberdeen Asset Management Asia Limited14.92yrsUK£28.00kno data
Peter A. K. Arthur
Chairman of Aberdeen Asset Management Asia Limitedno dataUK£35.00k0%
£ 0
Duncan Antony Baxter
Senior Independent Non-Executive Director of Aberdeen Asset Management Asia Limitedno dataUK£25.00kno data
Ana Armstrong
Independent Non-Executive Director of Aberdeen Asset Management Asia Limited14.92yrsUK£24.00kno data
Charles Clarke
Independent Non-Executive Director of Aberdeen Asset Management Asia Limited8.58yrsUK£24.00k0.034%
£ 119.1k

14.9yrs

Average Tenure

63yo

Average Age

Experienced Board: AAIF's board of directors are seasoned and experienced ( 14.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aberdeen Asian Income Fund Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aberdeen Asian Income Fund Limited
  • Ticker: AAIF
  • Exchange: LSE
  • Founded: 2005
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£349.270m
  • Shares outstanding: 175.95m
  • Website: https://www.asian-income.co.uk/itasianincomefund/

Location

  • Aberdeen Asian Income Fund Limited
  • 21 Church Street
  • Suite 01-01 Capital Square Two
  • Singapore
  • 49480
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AAIFLSE (London Stock Exchange)YesOrdinary SharesGBGBPDec 2005
ABBA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005
AAIFlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPDec 2005

Biography

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 inv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:38
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.