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Aberdeen Indonesia Fund, (Aberdeen Indonesia Fund,) ROE % : 3.60% (As of Dec. 2017)


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What is Aberdeen Indonesia Fund, ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aberdeen Indonesia Fund,'s annualized net income for the quarter that ended in Dec. 2017 was $2.80 Mil. Aberdeen Indonesia Fund,'s average Total Stockholders Equity over the quarter that ended in Dec. 2017 was $77.78 Mil. Therefore, Aberdeen Indonesia Fund,'s annualized ROE % for the quarter that ended in Dec. 2017 was 3.60%.

The historical rank and industry rank for Aberdeen Indonesia Fund,'s ROE % or its related term are showing as below:

IF' s ROE % Range Over the Past 10 Years
Min: -32.71   Med: 8.75   Max: 36.57
Current: 13.35

During the past 8 years, Aberdeen Indonesia Fund,'s highest ROE % was 36.57%. The lowest was -32.71%. And the median was 8.75%.

IF's ROE % is not ranked
in the Asset Management industry.
Industry Median: 4.06 vs IF: 13.35

Aberdeen Indonesia Fund, ROE % Historical Data

The historical data trend for Aberdeen Indonesia Fund,'s ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aberdeen Indonesia Fund, ROE % Chart

Aberdeen Indonesia Fund, Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROE %
Get a 7-Day Free Trial -24.48 8.75 -32.71 13.71 13.32

Aberdeen Indonesia Fund, Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.80 23.88 3.39 22.98 3.60

Competitive Comparison of Aberdeen Indonesia Fund,'s ROE %

For the Asset Management subindustry, Aberdeen Indonesia Fund,'s ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aberdeen Indonesia Fund,'s ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Indonesia Fund,'s ROE % distribution charts can be found below:

* The bar in red indicates where Aberdeen Indonesia Fund,'s ROE % falls into.



Aberdeen Indonesia Fund, ROE % Calculation

Aberdeen Indonesia Fund,'s annualized ROE % for the fiscal year that ended in Dec. 2017 is calculated as

ROE %=Net Income (A: Dec. 2017 )/( (Total Stockholders Equity (A: Dec. 2016 )+Total Stockholders Equity (A: Dec. 2017 ))/ count )
=9.818/( (69.218+78.246)/ 2 )
=9.818/73.732
=13.32 %

Aberdeen Indonesia Fund,'s annualized ROE % for the quarter that ended in Dec. 2017 is calculated as

ROE %=Net Income (Q: Dec. 2017 )/( (Total Stockholders Equity (Q: Jun. 2017 )+Total Stockholders Equity (Q: Dec. 2017 ))/ count )
=2.802/( (77.323+78.246)/ 2 )
=2.802/77.7845
=3.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2017) net income data. ROE % is displayed in the 30-year financial page.


Aberdeen Indonesia Fund,  (AMEX:IF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=2.802/77.7845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.802 / 4.13)*(4.13 / 78.229)*(78.229 / 77.7845)
=Net Margin %*Asset Turnover*Equity Multiplier
=67.85 %*0.0528*1.0057
=ROA %*Equity Multiplier
=3.58 %*1.0057
=3.60 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=2.802/77.7845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.802 / 2.802) * (2.802 / 4.13) * (4.13 / 78.229) * (78.229 / 77.7845)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 67.85 % * 0.0528 * 1.0057
=3.60 %

Note: The net income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Aberdeen Indonesia Fund, ROE % Related Terms

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Aberdeen Indonesia Fund, (Aberdeen Indonesia Fund,) Business Description

Traded in Other Exchanges
N/A
Address
Aberdeen Indonesia Fund, Inc is a closed-end investment company. The fund seeks long-term capital appreciation as a primary objective and income as a secondary objective, by investing in Indonesian securities.
Executives
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Enrique R Arzac director, officer: Chairman of the Board ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lawrence Joseph Fox director, other: Nominating Committee Chairman C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Bharat Joshi officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

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