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Aberdeen Asia-Pacific Income Fund

AMEX:FAX
Snowflake Description

Second-rate dividend payer with imperfect balance sheet.

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

Aberdeen Asia-Pacific Income Fund, Inc. is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The last earnings update was 109 days ago. More info.


Add to Portfolio Compare Print
  • Aberdeen Asia-Pacific Income Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
FAX Share Price and Events
7 Day Returns
-0.2%
AMEX:FAX
0%
US Capital Markets
0.9%
US Market
1 Year Returns
-10.7%
AMEX:FAX
-5.7%
US Capital Markets
9.6%
US Market
FAX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aberdeen Asia-Pacific Income Fund (FAX) -0.2% -4.2% 2% -10.7% -18.8% -34.6%
US Capital Markets 0% 7.7% 4.6% -5.7% 53% 70.8%
US Market 0.9% 4.6% 10.9% 9.6% 39% 47.2%
1 Year Return vs Industry and Market
  • FAX underperformed the Capital Markets industry which returned -5.7% over the past year.
  • FAX underperformed the Market in United States of America which returned 9.6% over the past year.
Price Volatility
FAX
Industry
5yr Volatility vs Market

Value

 Is Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income Fund. This is due to cash flow or dividend data being unavailable. The share price is $4.09.
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 Aberdeen Asia-Pacific Income Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aberdeen Asia-Pacific Income Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:FAX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in USD $-0.43
AMEX:FAX Share Price ** AMEX (2019-04-25) in USD $4.09
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.5x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.28x

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

** Primary Listing of Aberdeen Asia-Pacific Income Fund.

AMEX:FAX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:FAX Share Price ÷ EPS (both in USD)

= 4.09 ÷ -0.43

-9.5x

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

  • Aberdeen Asia-Pacific Income Fund is loss making, we can't compare its value to the US Capital Markets industry average.
  • Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income Fund's expected growth come at a high price?
Raw Data
AMEX:FAX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.5x
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 35 Publicly-Listed Capital Markets Companies 2.45x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.57x

*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 Aberdeen Asia-Pacific Income Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aberdeen Asia-Pacific Income Fund's assets?
Raw Data
AMEX:FAX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in USD $4.59
AMEX:FAX Share Price * AMEX (2019-04-25) in USD $4.09
United States of America Capital Markets Industry PB Ratio Median Figure of 169 Publicly-Listed Capital Markets Companies 7.75x
United States of America Market PB Ratio Median Figure of 5,185 Publicly-Listed Companies 1.92x
AMEX:FAX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:FAX Share Price ÷ Book Value per Share (both in USD)

= 4.09 ÷ 4.59

0.89x

* Primary Listing of Aberdeen Asia-Pacific Income Fund.

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

  • Aberdeen Asia-Pacific Income Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Aberdeen Asia-Pacific Income 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. Aberdeen Asia-Pacific Income 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.

Future Performance

 How is Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific 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 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
6.7%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aberdeen Asia-Pacific Income Fund expected to grow at an attractive rate?
  • Unable to compare Aberdeen Asia-Pacific Income Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aberdeen Asia-Pacific Income Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Aberdeen Asia-Pacific Income Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:FAX 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 6.7%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
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
AMEX:FAX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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.
AMEX:FAX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-10-31 88 148 -107
2018-07-31 88 103 -41
2018-04-30 88 58 25
2018-01-31 90 77 33
2017-10-31 91 96 40
2017-07-31 91 114 44
2017-04-30 92 132 47
2017-01-31 93 148 91
2016-10-31 94 164 134
2016-07-31 97 224 60
2016-04-30 101 284 -14
2016-01-31 103 231 -85

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aberdeen Asia-Pacific Income Fund is high growth as no earnings estimate data is available.
  • Unable to determine if Aberdeen Asia-Pacific Income 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
AMEX:FAX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Aberdeen Asia-Pacific Income Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FAX Past Financials Data
Date (Data in USD Millions) EPS *
2018-10-31 -0.43
2018-07-31 -0.16
2018-04-30 0.10
2018-01-31 0.13
2017-10-31 0.16
2017-07-31 0.17
2017-04-30 0.19
2017-01-31 0.36
2016-10-31 0.53
2016-07-31 0.24
2016-04-30 -0.05
2016-01-31 -0.33

*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 Aberdeen Asia-Pacific Income Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Aberdeen Asia-Pacific Income 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.
Aberdeen Asia-Pacific Income 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.

Past Performance

  How has Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income 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.
  • Aberdeen Asia-Pacific Income Fund does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Aberdeen Asia-Pacific Income Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aberdeen Asia-Pacific Income Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:FAX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 87.94 -107.18 15.15
2018-07-31 88.00 -40.87 15.45
2018-04-30 88.05 25.44 15.75
2018-01-31 89.58 32.80 15.83
2017-10-31 91.10 40.16 15.91
2017-07-31 91.50 43.75 16.02
2017-04-30 91.89 47.34 16.13
2017-01-31 92.81 90.75 16.26
2016-10-31 93.74 134.16 16.38
2016-07-31 97.31 60.14 16.63
2016-04-30 100.88 -13.88 16.88
2016-01-31 103.19 -85.17 17.25
2015-10-31 105.50 -156.45 17.63
2015-07-31 105.88 -104.05 17.97
2015-04-30 106.27 -51.64 18.32
2015-01-31 107.29 -13.54 18.79
2014-10-31 108.31 24.56 19.26
2014-07-31 109.66 -67.20 19.56
2014-04-30 111.01 -158.96 19.87
2014-01-31 110.27 -142.03 19.96
2013-10-31 109.52 -125.11 20.05
2013-07-31 111.31 18.75 20.03
2013-04-30 113.09 162.60 20.01
2013-01-31 117.78 175.05 19.95
2012-10-31 122.47 187.50 19.88
2012-07-31 125.26 122.49 20.12
2012-04-30 128.06 57.47 20.35

*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 Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income 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.
Aberdeen Asia-Pacific Income 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.

Health

 How is Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aberdeen Asia-Pacific Income Fund is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Aberdeen Asia-Pacific Income Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aberdeen Asia-Pacific Income 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.
  • Debt is not covered by short term assets, assets are 0.1x debt.
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 Aberdeen Asia-Pacific Income Fund Company Filings, last reported 5 months ago.

AMEX:FAX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 1,142.60 555.00 39.92
2018-07-31 1,142.60 555.00 39.92
2018-04-30 1,294.56 600.00 20.50
2018-01-31 1,294.56 600.00 20.50
2017-10-31 1,369.10 600.00 17.37
2017-07-31 1,369.10 600.00 17.37
2017-04-30 1,375.95 575.00 12.67
2017-01-31 1,375.95 575.00 12.67
2016-10-31 1,440.35 575.04 8.24
2016-07-31 1,440.35 575.04 8.24
2016-04-30 1,447.24 575.38 62.31
2016-01-31 1,447.24 575.38 62.31
2015-10-31 1,428.40 575.72 36.14
2015-07-31 1,428.40 575.72 36.14
2015-04-30 1,587.36 600.98 17.65
2015-01-31 1,587.36 600.98 17.65
2014-10-31 1,719.16 601.21 98.80
2014-07-31 1,719.16 601.21 98.80
2014-04-30 1,781.42 601.41 36.69
2014-01-31 1,781.42 601.41 36.69
2013-10-31 1,842.65 601.85 28.28
2013-07-31 1,842.65 601.85 28.28
2013-04-30 2,072.10 609.74 23.92
2013-01-31 2,072.10 609.74 23.92
2012-10-31 2,042.34 611.44 39.82
2012-07-31 2,042.34 611.44 39.82
2012-04-30 1,970.21 607.26 46.21
  • Aberdeen Asia-Pacific Income Fund's level of debt (48.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (32.7% vs 48.6% today).
  • Debt is well covered by operating cash flow (26.6%, greater than 20% of total debt).
  • Aberdeen Asia-Pacific Income Fund is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Aberdeen Asia-Pacific Income 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. Aberdeen Asia-Pacific Income Fund has a total score of 2/6, 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.

Dividends

 What is Aberdeen Asia-Pacific Income 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
10.27%
Current annual income from Aberdeen Asia-Pacific Income Fund dividends.
If you bought $2,000 of Aberdeen Asia-Pacific Income Fund shares you are expected to receive $205 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?
  • Aberdeen Asia-Pacific Income Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • Aberdeen Asia-Pacific Income Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.61%).
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
AMEX:FAX 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 2008 Stocks 2.4%
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.

AMEX:FAX Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.420 10.178
2019-03-11 0.420 9.906
2019-02-11 0.420 9.951
2019-01-10 0.420 10.283
2018-12-11 0.420 10.651
2018-11-09 0.420 10.480
2018-10-09 0.420 10.545
2018-09-12 0.420 10.196
2018-08-09 0.420 10.007
2018-07-11 0.420 9.753
2018-06-11 0.420 9.593
2018-05-09 0.420 9.361
2018-04-10 0.420 9.116
2018-03-09 0.420 8.870
2018-02-09 0.420 8.781
2018-01-10 0.420 8.506
2017-12-11 0.420 8.600
2017-11-09 0.420 8.555
2017-10-10 0.420 8.261
2017-09-12 0.420 8.146
2017-08-09 0.420 8.170
2017-07-12 0.420 8.190
2017-06-09 0.420 8.358
2017-05-09 0.420 8.383
2017-04-11 0.420 8.418
2017-03-09 0.420 8.529
2017-02-09 0.420 8.575
2017-01-11 0.420 8.742
2016-12-09 0.420 8.912
2016-11-09 0.420 8.812
2016-10-11 0.420 8.503
2016-09-12 0.420 8.301
2016-08-09 0.420 7.979
2016-07-12 0.420 8.064
2016-06-09 0.420 8.315
2016-05-10 0.420 8.538
2016-04-11 0.420 8.391
2016-03-09 0.420 8.539
2016-02-09 0.420 9.136
2016-01-12 0.420 9.463
2015-12-09 0.420 9.263
2015-11-10 0.420 9.309
2015-10-09 0.420 8.923
2015-09-10 0.420 9.298
2015-08-11 0.420 9.158
2015-07-10 0.420 8.817
2015-04-10 0.420 7.990
2015-03-10 0.420 7.719
2015-02-10 0.420 7.628
2015-01-12 0.420 7.506
2014-12-09 0.420 7.627
2014-11-11 0.420 7.303
2014-10-09 0.420 7.176
2014-09-10 0.420 7.091
2014-08-11 0.420 6.877
2014-07-10 0.420 6.781
2014-06-10 0.420 6.704
2014-05-09 0.420 6.721
2014-04-09 0.420 6.759
2014-03-11 0.420 6.966
2014-02-11 0.420 6.988
2014-01-10 0.420 7.160
2013-12-10 0.420 7.168
2013-11-12 0.420 6.932
2013-10-09 0.420 6.684
2013-09-11 0.420 6.899
2013-08-09 0.420 6.911
2013-07-10 0.420 6.881
2013-06-11 0.420 6.718
2013-05-09 0.420 5.997
2013-04-09 0.420 5.489
2013-03-11 0.420 5.477
2013-02-11 0.420 5.399
2013-01-10 0.420 5.322
2012-12-11 0.420 5.344
2012-11-09 0.420 5.349
2012-10-10 0.420 5.306
2012-09-12 0.420 5.355
2012-08-20 0.420 5.342
2012-07-16 0.420 5.329
2012-06-07 0.420 5.520
2012-05-14 0.420 5.691
2012-04-16 0.420 5.595
2012-03-08 0.420 5.669
2012-02-13 0.420 5.541
2012-01-18 0.420 5.555
2011-12-08 0.420 5.786
2011-11-14 0.420 6.036
2011-10-17 0.420 5.976
2011-09-09 0.420 6.001
2011-08-15 0.420 5.583
2011-07-18 0.420 5.550
2011-05-16 0.420 5.784
2011-04-18 0.420 5.851
2011-03-10 0.420 6.105
2011-02-14 0.420 6.219
2011-01-18 0.420 6.271
2010-12-09 0.420 6.302
2010-11-15 0.420 6.128
2010-10-18 0.420 6.024
2010-09-09 0.420 6.064
2010-08-16 0.420 6.279
2010-07-19 0.420 6.425
2010-06-10 0.420 6.757
2010-05-17 0.420 6.985
2010-04-19 0.420 6.409
2010-03-11 0.420 6.383
2010-02-16 0.420 6.541
2010-01-19 0.420 6.630
2009-12-10 0.420 6.600
2009-11-16 0.420 6.431
2009-10-19 0.420 6.588
2009-09-10 0.420 6.711
2009-08-17 0.420 7.153
2009-07-13 0.420 7.288
2009-06-11 0.420 7.663
2009-05-18 0.420 7.667

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

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income 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 Aberdeen Asia-Pacific Income Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aberdeen Asia-Pacific Income Fund has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Aberdeen Asia-Pacific Income 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.
CEO
Martin Gilbert
COMPENSATION $0
AGE 63
CEO Bio

Mr. Martin James Gilbert, MA, LLB, LLD, CA, has been an Executive Director at Standard Life Aberdeen plc since August 14, 2017 and its Vice Chairman March 13, 2019. Mr. Gilbert is a Co-Founder of Aberdeen Asset Management PLC and serves as its Member of the Management Board and had been its Chief Executive since 1983 and serves as its Executive Director since July 1, 1983. He had been Independent Non-Executive Director of Glencore Plc since May 05, 2017 until October 10, 2018. He has been Senior Independent Director at Glencore Plc since May 2018. Mr. Gilbert is on leave of Absence. Mr. Gilbert is Co-Chief Executive Officer of Aberdeen Standard Investments. He serves as a Vice President of Aberdeen Global Income Fund, Inc. and Aberdeen Asia-Pacific Income Investment Company Limited. He serves as Chief Executive Officer at Aberdeen Private Equity Fund Limited. He serves as the Chief Executive Officer and Vice President at Aberdeen Asia-Pacific Income Fund, Inc. He has been President at Aberdeen Asset Management Inc. since 1995 and Aberdeen Asia-Pacific Income Fund, Inc. since February 17, 2004. Mr. Gilbert has been an Executive Director of Edinburgh Fund Managers PLC since October 24, 2003. Mr. Gilbert was Co-Chief Executive at Standard Life Aberdeen plc since August 14, 2017 until March 13, 2019. He joined Aberdeen Asset Management Inc. in 1983. Mr. Gilbert has extensive experience in investment management. Previously, he served as the Chief Executive Officer of Murray Johnstone International Ltd. He served as Managing Director and Chairman of the Board at Aberdeen Asia-Pacific Income Investment Company Limited. He served as the President and Chief Executive Officer of Aberdeen Global Income Fund, Inc. He served as Chief Executive Officer at Aberdeen Preferred Income Trust plc. Mr. Gilbert serves as the Chairman of Aberdeen Asset Management Inc. He served as Chairman at Aberdeen Asia-Pacific Income Fund, Inc. since 2001. Mr. Gilbert served as the Non-Executive Chairman of Chaucer Holdings Limited since 1998. He served as the Chairman of Firstgroup plc since April 1, 1995 until December 31, 2013. He served as Chairman of Aberdeen Global Income Fund, Inc. since 2001. Mr. Gilbert was Deputy Chairman of Sky plc from April 30, 2016 to October 09, 2018 and was its Independent Non-Executive Director from November 29, 2011 to October 09, 2018. He serves as a Director of Institute of International Finance, Inc. Mr. Gilbert serves as a Non-Executive Director of Dynmark International Limited. He serves as a Director of Edinburgh Portfolio Limited and Aberdeen Development Capital Zeros 2005 Plc. He has been a Director of Aberdeen Asset Managers (C.I.) Limited since 2000. Mr. Gilbert has been a Director of Aberdeen Asset Management Limited since 1991. Mr. Gilbert serves as a Director of Aberdeen Asset Management Asia Limited. He serves as a Director of Lombard International Assurance SA; Scottish Medicine Ltd. and Scottish Medicine PLC. Mr. Gilbert serves as a Director of Aberdeen Private Investors Limited. He has been a Director of Aberdeen Asset Managers Limited since 2001. Mr. Gilbert has been Non Independent Non-Executive Director of Aberdeen Private Wealth Management Limited since June 30, 2010. He has been a Non-Executive Director at Aberdeen Asian Smaller Companies Investment Trust PLC since September 20, 1995. He serves as a Non-Executive Director of various funds in the fund complex of Maven Income funds. He has been Interested Director at The India Fund, Inc. since 2012 and The Asia Tigers Fund, Inc. since January 2012. He has been Interested Director at Aberdeen Asia-Pacific Income Fund, Inc. since 2001. He has been Interested Director at Aberdeen Global Income Fund since 2001 and Director of Aberdeen Asia-Pacific Income Investment Company Limited since 2000. He served as a Director at Broadgate Investment Trust plc. He served as a Director at Aberdeen Preferred Income Trust plc. He served as a Non Executive Director at CQS New City High Yield Fund Limited from September 18, 1995 to December 9, 2004. He served as a Director of Murray Income Trust PLC. He served as a Non-Executive Director at Adc Zeros 2010 Plc since September 24, 2009 until September 16, 2011 and ADC Zeros 2012 plc until September 2011. He served as a Non-Executive Director of Primary Health Properties plc since May 3, 1996 until June 14, 2012. He served as a Non Executive Director at Aberdeen Development Capital PLC since October 27, 2010. Mr. Gilbert served as Non-Executive Director of Enhanced Zero Trust plc since March 28, 2003. He served as Member of Board of Directors at Chaucer Holdings Limited since October 1993. He served as Director of Murray Johnstone International Ltd. He served as a Director of Aberdeen Football Club Plc. since May 1997. He served as a Director of Northern Venture Managers Limited, Gresham Unit Trust Management Limited and Arlington Property Investment Management Limited. Mr. Gilbert served as Senior Independent Non-Executive Director of Sky plc until January 2016. He was appointed Chairman of the Prudential Regulation Authority's Practitioner Panel in December 2013. He is a member of the International Advisory Panel of the Monetary Authority of Singapore and the International Advisory Board of British American Business. He serves on the UK Treasury's Financial Services Trade and Investment Board and the Scottish Government's Financial Services Advisory Board. He is an Adjunct Professor of Finance at Imperial College's Tanaka Business School. He was named Scotland PLC Chief Executive Officer of the Year at the Business Insider/PwC Scotland PLC Awards in 2011. Mr. Gilbert was named European Personality of the Year at the Funds Europe Awards in 2008. In 2017, he was named Personality of the Year at the CityAM Awards. In 2009, he was awarded the Honorary Degree of Doctor of Laws by the University of Aberdeen for services to business and entrepreneurship as well as a Doctorate of Letters from Heriot-Watt University. Mr. Gilbert holds an M.A. in Accountancy and an L.L.B. from the University of Aberdeen. After university, he joined Deloitte where he qualified as a Chartered Accountant. In 1982, he joined the investment department of Brander & Cruikshank.

CEO Compensation
  • Insufficient data for Martin to compare compensation growth.
  • Insufficient data for Martin to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Martin Gilbert

TITLE
CEO, VP
AGE
63

Christian Pittard

TITLE
President
AGE
45

Andrea Melia

TITLE
Chief Financial Officer
AGE
49

Jeff Cotton

TITLE
Chief Compliance Officer and Vice President of Compliance
AGE
41

Megan Kennedy

TITLE
Vice President and Secretary
AGE
44

Alan Goodson

TITLE
Vice President
AGE
44

Jennifer Nichols

TITLE
Vice President
AGE
40

Lucia Sitar

TITLE
Vice President
AGE
47

Adam McCabe

TITLE
Vice President and Portfolio Manager
AGE
39

Matthew Keener

TITLE
Assistant Secretary
AGE
42
Board of Directors Tenure

Average tenure and age of the Aberdeen Asia-Pacific Income Fund board of directors in years:

26.3
Average Tenure
71
Average Age
  • The average tenure for the Aberdeen Asia-Pacific Income Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

P. Malone

TITLE
Chairman
COMPENSATION
$62K
AGE
68

Martin Gilbert

TITLE
CEO, VP
AGE
63
TENURE
18.3 yrs

Neville Miles

TITLE
Independent Director
COMPENSATION
$43K
AGE
72
TENURE
23.3 yrs

Bill Potter

TITLE
Independent Director
COMPENSATION
$39K
AGE
70
TENURE
33.3 yrs

Peter Sacks

TITLE
Independent Director
COMPENSATION
$44K
AGE
73
TENURE
26.3 yrs

John Sheehy

TITLE
Director
COMPENSATION
$52K
AGE
76
TENURE
33.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Aberdeen Asia-Pacific Income Fund insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
24. Apr 19 Buy Moritz Sell Individual 22. Apr 19 22. Apr 19 2,250 $4.08 $9,180
26. Oct 18 Sell Peter Sacks Individual 24. Oct 18 24. Oct 18 -6,500 $3.96 $-25,741
X
Management checks
We assess Aberdeen Asia-Pacific Income 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. Aberdeen Asia-Pacific Income 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.

News

Simply Wall St News

Company Info

Description

Aberdeen Asia-Pacific Income Fund, Inc. is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland. It primarily invests in debt securities issued by governmental entities, banks, companies, and other entities. Aberdeen Asia-Pacific Income Fund, Inc. was formed on March 14, 1986 and is domiciled in the United States.

Details
Name: Aberdeen Asia-Pacific Income Fund, Inc.
FAX
Exchange: AMEX
Founded: 1986
$1,018,330,703
248,980,612
Website: http://www.aberdeenfax.com
Address: Aberdeen Asia-Pacific Income 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
AMEX FAX Common Stock NYSE MKT LLC US USD 17. Apr 1986
Number of employees
Current staff
Staff numbers
0
Aberdeen Asia-Pacific Income Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/26 01:54
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/01/07
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


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.