| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
AAS Stock Overview
Aberdeen Standard Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.79 |
| 52 Week High | UK£3.04 |
| 52 Week Low | UK£2.41 |
| Beta | 0.77 |
| 1 Month Change | 8.88% |
| 3 Month Change | -5.42% |
| 1 Year Change | 8.14% |
| 3 Year Change | 30.07% |
| 5 Year Change | 36.43% |
| Change since IPO | 1,416.30% |
Recent News & Updates
Shareholder Returns
| AAS | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | 0.9% | -2.0% | -0.04% |
| 1Y | 8.1% | -4.8% | 0.8% |
Return vs Industry: AAS exceeded the UK Capital Markets industry which returned -3.6% over the past year.
Return vs Market: AAS exceeded the UK Market which returned 1.5% over the past year.
Price Volatility
| AAS volatility | |
|---|---|
| AAS Average Weekly Movement | 4.8% |
| Capital Markets Industry Average Movement | 4.6% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in GB Market | 13.0% |
| 10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: AAS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AAS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | n/a | n/a | https://www.asia-focus.co.uk |
Aberdeen Standard Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia. The trust invests in companies operating in various sectors, including auto components; beverages; chemicals; commercial banks; containers and packaging; diversified financial services; food and staples retailing; hotels, restaurants, and leisure; industrial conglomerates; multiline retail; paper and forest products; real estate; and transportation infrastructure. The company was formerly known as Aberdeen Asian Smaller Companies Investment Trust PLC.
abrdn Asia Focus Fundamentals Summary
| AAS fundamental statistics | |
|---|---|
| Market Cap | UK£437.90m |
| Earnings (TTM) | UK£146.48m |
| Revenue (TTM) | UK£157.70m |
3.0x
P/E Ratio2.8x
P/S RatioIs AAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AAS income statement (TTM) | |
|---|---|
| Revenue | UK£157.70m |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£157.70m |
| Other Expenses | UK£11.22m |
| Earnings | UK£146.48m |
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.93 |
| Gross Margin | 100.00% |
| Net Profit Margin | 92.88% |
| Debt/Equity Ratio | 13.4% |
How did AAS perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield3%
Payout RatioValuation
Is abrdn Asia Focus undervalued compared to its fair value and its price relative to the market?
2.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AAS (£2.79) is trading above our estimate of fair value (£0.64)
Significantly Below Fair Value: AAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AAS is good value based on its PE Ratio (3x) compared to the UK Capital Markets industry average (9.7x).
PE vs Market: AAS is good value based on its PE Ratio (3x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAS is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.3x).
Future Growth
How is abrdn Asia Focus forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.0%
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 abrdn Asia Focus 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 abrdn Asia Focus performed over the past 5 years?
-15.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAS has a high level of non-cash earnings.
Growing Profit Margin: AAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AAS's earnings have declined by 15% per year over the past 5 years.
Accelerating Growth: AAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (83.8%).
Return on Equity
High ROE: AAS's Return on Equity (30%) is considered high.
Financial Health
How is abrdn Asia Focus's financial position?
Financial Position Analysis
Short Term Liabilities: AAS's short term assets (£19.7M) exceed its short term liabilities (£3.4M).
Long Term Liabilities: AAS's short term assets (£19.7M) do not cover its long term liabilities (£69.2M).
Debt to Equity History and Analysis
Debt Level: AAS's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: AAS's debt to equity ratio has increased from 11.4% to 13.4% over the past 5 years.
Debt Coverage: AAS's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: AAS's interest payments on its debt are well covered by EBIT (88.2x coverage).
Balance Sheet
Dividend
What is abrdn Asia Focus's current dividend yield, its reliability and sustainability?
2.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAS's dividend (2.37%) is higher than the bottom 25% of dividend payers in the UK market (1.72%).
High Dividend: AAS's dividend (2.37%) is low compared to the top 25% of dividend payers in the UK market (4.55%).
Stability and Growth of Payments
Stable Dividend: AAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: AAS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.2%), AAS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (375.7%), AAS's dividend payments are not well covered by cash flows.
Management
How experienced are the management team and are they aligned to shareholders interests?
11.8yrs
Average board tenure
CEO
abrdn Asia Focus has no CEO, or we have no data on them.
Board Members
Experienced Board: AAS's board of directors are seasoned and experienced ( 11.8 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
abrdn Asia Focus plc's employee growth, exchange listings and data sources
Key Information
- Name: abrdn Asia Focus plc
- Ticker: AAS
- Exchange: LSE
- Founded: 1995
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£437.899m
- Shares outstanding: 156.95m
- Website: https://www.asia-focus.co.uk
Location
- abrdn Asia Focus plc
- 4th Floor
- Union Plaza
- Aberdeen
- Aberdeenshire
- AB10 1DQ
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/04/13 00:00 |
| End of Day Share Price | 2022/04/13 00:00 |
| Earnings | 2021/07/31 |
| Annual Earnings | 2021/07/31 |
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.