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AJIT

Aberdeen Japan Investment TrustLSE:AJIT Stock Report

Last Price

UK£6.75

Market Cap

UK£86.5m

7D

-5.6%

1Y

-14.6%

Updated

19 Jan, 2022

Data

Company Financials
AJIT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends3/6

AJIT Stock Overview

Aberdeen Japan Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited.

Price History & Performance

Summary of all time highs, changes and price drops for Aberdeen Japan Investment Trust
Historical stock prices
Current Share PriceUK£6.75
52 Week HighUK£8.35
52 Week LowUK£6.56
Beta0.44
1 Month Change-5.26%
3 Month Change-9.40%
1 Year Change-14.56%
3 Year Change28.57%
5 Year Change22.17%
Change since IPO850.70%

Recent News & Updates

Shareholder Returns

AJITGB Capital MarketsGB Market
7D-5.6%-1.4%-1.0%
1Y-14.6%-3.0%8.3%

Return vs Industry: AJIT underperformed the UK Capital Markets industry which returned -1.9% over the past year.

Return vs Market: AJIT underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is AJIT's price volatile compared to industry and market?
AJIT volatility
AJIT Average Weekly Movement3.0%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: AJIT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AJIT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aHugh Younghttps://www.aberdeenjapan.co.uk

Aberdeen Japan Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.

Aberdeen Japan Investment Trust Fundamentals Summary

How do Aberdeen Japan Investment Trust's earnings and revenue compare to its market cap?
AJIT fundamental statistics
Market CapUK£86.54m
Earnings (TTM)UK£15.91m
Revenue (TTM)UK£16.25m

5.4x

P/E Ratio

5.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AJIT income statement (TTM)
RevenueUK£16.25m
Cost of RevenueUK£0
Gross ProfitUK£16.25m
ExpensesUK£339.00k
EarningsUK£15.91m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin100.00%
Net Profit Margin97.91%
Debt/Equity Ratio9.8%

How did AJIT perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Aberdeen Japan Investment Trust undervalued compared to its fair value and its price relative to the market?

18.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AJIT (£6.75) is trading below our estimate of fair value (£8.24)

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


Price To Earnings Ratio

PE vs Industry: AJIT is good value based on its PE Ratio (5.4x) compared to the UK Capital Markets industry average (10.9x).

PE vs Market: AJIT is good value based on its PE Ratio (5.4x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AJIT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AJIT is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.7x).

Future Growth

How is Aberdeen Japan Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

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 Aberdeen Japan Investment Trust 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 Japan Investment Trust performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AJIT has high quality earnings.

Growing Profit Margin: AJIT's current net profit margins (97.9%) are higher than last year (92.9%).


Past Earnings Growth Analysis

Earnings Trend: AJIT's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: AJIT's earnings growth over the past year (18%) exceeds its 5-year average (2.7% per year).

Earnings vs Industry: AJIT earnings growth over the past year (18%) underperformed the Capital Markets industry 66.7%.


Return on Equity

High ROE: AJIT's Return on Equity (13.9%) is considered low.

Financial Health

How is Aberdeen Japan Investment Trust's financial position?


Financial Position Analysis

Short Term Liabilities: AJIT's short term assets (£1.0M) do not cover its short term liabilities (£11.5M).

Long Term Liabilities: AJIT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AJIT's net debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: AJIT's debt to equity ratio has reduced from 14.5% to 9.8% over the past 5 years.

Debt Coverage: AJIT's debt is not well covered by operating cash flow (3.5%).

Interest Coverage: AJIT's interest payments on its debt are well covered by EBIT (129.1x coverage).


Balance Sheet

Dividend

What is Aberdeen Japan Investment Trust current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AJIT's dividend (2.22%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).

High Dividend: AJIT's dividend (2.22%) is low compared to the top 25% of dividend payers in the UK market (4.06%).


Stability and Growth of Payments

Stable Dividend: AJIT's dividend payments have been volatile in the past 10 years.

Growing Dividend: AJIT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.5%), AJIT's dividend payments are thoroughly 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.

Management

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

14.2yrs

Average board tenure


CEO

Hugh Young (63 yo)

no data

Tenure

Mr. Hugh Young is Managing Director of abrdn Asia Limited (formerly known as Aberdeen Standard Investments (Asia) Limited) Mr. Young is Head of Asia at Aberdeen Standard Investments Limited. He also is Por...


Board Members

Experienced Board: AJIT's board of directors are seasoned and experienced ( 14.2 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 Japan Investment Trust PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Aberdeen Japan Investment Trust PLC
  • Ticker: AJIT
  • Exchange: LSE
  • Founded: 1998
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£86.537m
  • Shares outstanding: 12.82m
  • Website: https://www.aberdeenjapan.co.uk

Location

  • Aberdeen Japan Investment Trust PLC
  • 4th Floor
  • Union Plaza
  • Aberdeen
  • Aberdeenshire
  • AB10 1DQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:12
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.