company background image
IAF logo

Abrdn Australia Equity Fund NYSEAM:IAF Stock Report

Last Price

US$4.16

Market Cap

US$96.9m

7D

-0.5%

1Y

-3.3%

Updated

19 Mar, 2024

Data

Company Financials

Abrdn Australia Equity Fund Inc

NYSEAM:IAF Stock Report

Market Cap: US$96.9m

IAF Stock Overview

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited.

IAF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends2/6

Abrdn Australia Equity Fund Inc Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Abrdn Australia Equity Fund
Historical stock prices
Current Share PriceUS$4.16
52 Week HighUS$4.59
52 Week LowUS$3.60
Beta1.09
1 Month Change-2.12%
3 Month Change-2.58%
1 Year Change-3.26%
3 Year Change-28.17%
5 Year Change-20.31%
Change since IPO-57.33%

Recent News & Updates

Recent updates

Shareholder Returns

IAFUS Capital MarketsUS Market
7D-0.5%-0.9%0.5%
1Y-3.3%30.5%29.0%

Return vs Industry: IAF underperformed the US Capital Markets industry which returned 30.5% over the past year.

Return vs Market: IAF underperformed the US Market which returned 29% over the past year.

Price Volatility

Is IAF's price volatile compared to industry and market?
IAF volatility
IAF Average Weekly Movement2.5%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: IAF has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1985n/an/ahttps://www.aberdeeniaf.com

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia.

Abrdn Australia Equity Fund Inc Fundamentals Summary

How do Abrdn Australia Equity Fund's earnings and revenue compare to its market cap?
IAF fundamental statistics
Market capUS$96.95m
Earnings (TTM)US$1.57m
Revenue (TTM)US$5.18m

61.9x

P/E Ratio

18.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAF income statement (TTM)
RevenueUS$5.18m
Cost of RevenueUS$0
Gross ProfitUS$5.18m
Other ExpensesUS$3.62m
EarningsUS$1.57m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.067
Gross Margin100.00%
Net Profit Margin30.23%
Debt/Equity Ratio8.6%

How did IAF perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

780%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.