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
|Historical stock prices|
|Current Share Price||UK£6.75|
|52 Week High||UK£8.35|
|52 Week Low||UK£6.56|
|1 Month Change||-5.26%|
|3 Month Change||-9.40%|
|1 Year Change||-14.56%|
|3 Year Change||28.57%|
|5 Year Change||22.17%|
|Change since IPO||850.70%|
Recent News & Updates
|AJIT||GB Capital Markets||GB Market|
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.
|AJIT Average Weekly Movement||3.0%|
|Capital Markets Industry Average Movement||4.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.5%|
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
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
|AJIT fundamental statistics|
Is AJIT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AJIT income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.24|
|Net Profit Margin||97.91%|
How did AJIT perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Aberdeen Japan Investment Trust 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: 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).
How is Aberdeen Japan Investment Trust 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 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.
How has Aberdeen Japan Investment Trust performed over the past 5 years?
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.
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).
What is Aberdeen Japan Investment Trust current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hugh Young (63 yo)
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...
Experienced Board: AJIT's board of directors are seasoned and experienced ( 14.2 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 Japan Investment Trust PLC's employee growth, exchange listings and data sources
- 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
- Aberdeen Japan Investment Trust PLC
- 4th Floor
- Union Plaza
- AB10 1DQ
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 21:12|
|End of Day Share Price||2022/01/19 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.