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India Fund

NYSE:IFN
Snowflake Description

Excellent balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IFN
NYSE
$601M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • India Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
IFN Share Price and Events
7 Day Returns
0.5%
NYSE:IFN
3.1%
US Capital Markets
1.6%
US Market
1 Year Returns
-12.1%
NYSE:IFN
-11%
US Capital Markets
3.2%
US Market
IFN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
India Fund (IFN) 0.5% 7.1% 0.2% -12.1% -2.3% -1.7%
US Capital Markets 3.1% 1% 11.6% -11% 57.3% 58.2%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • IFN underperformed the Capital Markets industry which returned -11% over the past year.
  • IFN underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
IFN
Industry
5yr Volatility vs Market

IFN Value

 Is India Fund undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for India Fund. This is due to cash flow or dividend data being unavailable. The share price is $21.75.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for India Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are India Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:IFN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.33
NYSE:IFN Share Price ** NYSE (2019-03-19) in USD $21.75
United States of America Capital Markets Industry PE Ratio Median Figure of 76 Publicly-Listed Capital Markets Companies 24.96x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of India Fund.

NYSE:IFN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:IFN Share Price ÷ EPS (both in USD)

= 21.75 ÷ -1.33

-16.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • India Fund is loss making, we can't compare its value to the US Capital Markets industry average.
  • India Fund is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does India Fund's expected growth come at a high price?
Raw Data
NYSE:IFN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 33 Publicly-Listed Capital Markets Companies 2.21x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for India Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on India Fund's assets?
Raw Data
NYSE:IFN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $23.84
NYSE:IFN Share Price * NYSE (2019-03-19) in USD $21.75
United States of America Capital Markets Industry PB Ratio Median Figure of 149 Publicly-Listed Capital Markets Companies 4.83x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NYSE:IFN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:IFN Share Price ÷ Book Value per Share (both in USD)

= 21.75 ÷ 23.84

0.91x

* Primary Listing of India Fund.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • India Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess India Fund's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. India Fund has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IFN Future Performance

 How is India Fund expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 India 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.4%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is India Fund expected to grow at an attractive rate?
  • Unable to compare India Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare India Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare India Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:IFN Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:IFN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:IFN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 9 -36
2018-09-30 9 10
2018-06-30 9 55
2018-03-31 10 146
2017-12-31 10 237
2017-09-30 10 172
2017-06-30 10 107
2017-03-31 10 52
2016-12-31 10 -3
2016-09-30 11 1
2016-06-30 12 5
2016-03-31 12 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if India Fund is high growth as no earnings estimate data is available.
  • Unable to determine if India Fund is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:IFN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from India Fund Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:IFN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.33
2018-09-30 0.35
2018-06-30 2.00
2018-03-31 5.33
2017-12-31 8.48
2017-09-30 6.15
2017-06-30 3.76
2017-03-31 1.83
2016-12-31 -0.09
2016-09-30 0.05
2016-06-30 0.19
2016-03-31 -0.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if India Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess India Fund's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
India Fund has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IFN Past Performance

  How has India Fund performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare India Fund's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • India Fund does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare India Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare India Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
India Fund's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from India Fund Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:IFN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 8.98 -35.74 9.95
2018-09-30 8.95 9.50 10.29
2018-06-30 8.93 54.75 10.63
2018-03-31 9.63 146.04 10.58
2017-12-31 10.33 237.33 10.52
2017-09-30 10.24 172.07 10.40
2017-06-30 10.14 106.81 10.27
2017-03-31 10.17 52.09 10.23
2016-12-31 10.20 -2.63 10.19
2016-09-30 11.03 1.38 10.40
2016-06-30 11.86 5.39 10.60
2016-03-31 11.86 -10.46 11.00
2015-12-31 11.86 -26.31 11.39
2015-09-30 12.84 36.70 11.36
2015-06-30 13.82 99.71 11.33
2015-03-31 14.30 166.17 10.75
2014-12-31 14.77 232.62 10.17
2014-09-30 13.15 218.82 9.81
2014-06-30 11.53 205.01 9.45
2014-03-31 12.70 103.04 9.80
2013-12-31 13.87 1.08 10.16
2013-09-30 14.53 34.82 10.45
2013-06-30 15.19 68.56 10.73
2013-03-31 15.34 125.41 10.80
2012-12-31 15.50 182.26 10.87
2012-09-30 15.66 -77.55 11.96
2012-06-30 15.82 -337.36 13.05
2012-03-31 16.37 -447.37 14.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if India Fund has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if India Fund has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if India Fund improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess India Fund's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
India Fund has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IFN Health

 How is India Fund's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up India Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • India Fund's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • India Fund's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of India Fund's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • India Fund has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from India Fund Company Filings, last reported 2 months ago.

NYSE:IFN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 642.08 0.00 15.41
2018-09-30 642.08 0.00 15.41
2018-06-30 753.92 0.00 4.54
2018-03-31 753.92 0.00 4.54
2017-12-31 825.61 0.00 13.47
2017-09-30 825.61 0.00 13.47
2017-06-30 854.83 0.00 10.96
2017-03-31 854.83 0.00 10.96
2016-12-31 689.74 0.00 3.49
2016-09-30 689.74 0.00 3.49
2016-06-30 807.96 0.00 7.55
2016-03-31 807.96 0.00 7.55
2015-12-31 759.06 0.00 3.18
2015-09-30 759.06 0.00 3.18
2015-06-30 872.66 0.00 5.84
2015-03-31 872.66 0.00 5.84
2014-12-31 847.55 0.00 3.91
2014-09-30 847.55 0.00 3.91
2014-06-30 830.56 0.00 3.11
2014-03-31 830.56 0.00 3.11
2013-12-31 800.67 0.00 2.27
2013-09-30 800.67 0.00 2.27
2013-06-30 852.61 0.00 5.52
2013-03-31 852.61 0.00 5.52
2012-12-31 877.08 0.00 22.60
2012-09-30 877.08 0.00 22.60
2012-06-30 899.34 0.00 13.69
2012-03-31 899.34 0.00 13.69
  • India Fund has no debt.
  • India Fund has not taken on any debt in the past 5 years.
  • India Fund has no debt, it does not need to be covered by operating cash flow.
  • India Fund has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess India Fund's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. India Fund has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IFN Dividends

 What is India Fund's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
10.85%
Current annual income from India Fund dividends.
If you bought $2,000 of India Fund shares you are expected to receive $217 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • India Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • India Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.63%).
Upcoming dividend payment

Purchase India Fund on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:IFN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:IFN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-11 2.360 10.948
2018-12-11 2.480 11.922
2018-09-12 2.840 13.221
2018-06-11 2.840 11.459
2018-04-10 3.040 12.236
2017-12-19 3.163 12.096
2017-09-12 1.819 6.606
2016-12-21 1.706 6.709
2016-09-12 1.644 6.910
2015-12-18 1.824 7.912
2015-09-10 2.130 8.862
2014-12-19 1.863 6.835
2014-09-10 1.018 3.710
2014-03-06 1.780 7.384
2013-12-20 0.952 4.769
2013-09-13 0.124 0.616
2012-12-07 2.371 11.539
2011-12-12 1.200 5.628
2011-09-14 4.660 19.855
2011-02-28 7.560 25.674
2010-12-17 3.870 12.040
2010-09-14 0.180 0.479
2010-09-02 0.000 0.000
2010-03-03 0.000 0.000
2009-03-20 7.120 26.441

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of India Fund's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess India Fund's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can India Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. India Fund has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IFN Management

 What is the CEO of India Fund's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • India Fund has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the India Fund management team in years:

8.2
Average Tenure
45.5
Average Age
  • The average tenure for the India Fund management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Alan Goodson

TITLE
President
AGE
44
TENURE
8.2 yrs

Jeff Cotton

TITLE
Chief Compliance Officer and Vice President of Compliance
AGE
41
TENURE
8.2 yrs

Lucia Sitar

TITLE
Chief Legal Officer and Vice President
AGE
47

Gulzar Govewalla

TITLE
Principal

Kevin D'Silva

TITLE
Principal

Megan Kennedy

TITLE
Vice President and Secretary
AGE
44
TENURE
8.2 yrs

Andrea Melia

TITLE
Treasurer
AGE
49
TENURE
8.2 yrs

Adrian Lim

TITLE
Vice President
AGE
47
TENURE
7.2 yrs

Gary Marshall

TITLE
Vice President
AGE
57
TENURE
8.2 yrs

Jennifer Nichols

TITLE
Vice President
AGE
40
Board of Directors Tenure

Average tenure and age of the India Fund board of directors in years:

16.2
Average Tenure
63
Average Age
  • The average tenure for the India Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jeswald Salacuse

TITLE
Chairman
COMPENSATION
$77K
AGE
80

Luis Rubio

TITLE
Independent Director
COMPENSATION
$59K
AGE
63
TENURE
20.2 yrs

J. Hardy

TITLE
Independent Director
COMPENSATION
$59K
AGE
64
TENURE
17.2 yrs

Leslie Gelb

TITLE
Independent Director
COMPENSATION
$59K
AGE
81
TENURE
25.2 yrs

Stephane R. Henry

TITLE
Independent Director
COMPENSATION
$59K
AGE
51
TENURE
15.2 yrs

Lawrence Becker

TITLE
Independent Director
COMPENSATION
$59K
AGE
63
TENURE
16.2 yrs

Hugh Young

TITLE
Interested Director
AGE
60
TENURE
7.2 yrs

Martin Gilbert

TITLE
Interested Director
AGE
63
TENURE
7.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
24. Oct 18 Buy Nancy Maasbach Individual 22. Oct 18 22. Oct 18 100 $20.59 $2,059
15. Oct 18 Buy Nancy Maasbach Individual 11. Oct 18 11. Oct 18 400 $20.38 $8,152
12. Sep 18 Buy Nancy Maasbach Individual 10. Sep 18 10. Sep 18 500 $24.26 $12,130
X
Management checks
We assess India Fund's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. India Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IFN News

Simply Wall St News

IFN Company Info

Description

The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.

Details
Name: The India Fund, Inc.
IFN
Exchange: NYSE
Founded: 1993
$601,216,131
27,642,121
Website: http://www.aberdeenifn.com/aam.nsf/usClosedIfn/home
Address: The India Fund, Inc.
21 Church Street,
Suite 01-01 Capital Square Two,
Singapore,
049480,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE IFN Common Stock New York Stock Exchange US USD 15. Feb 1994
Number of employees
Current staff
Staff numbers
0
India Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:48
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/03/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.