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Aberdeen International (Aberdeen International) ROE %

: -75.38% (As of Oct. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aberdeen International's annualized net income for the quarter that ended in Oct. 2023 was $-10.68 Mil. Aberdeen International's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was $14.16 Mil. Therefore, Aberdeen International's annualized ROE % for the quarter that ended in Oct. 2023 was -75.38%.

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

AABVF' s ROE % Range Over the Past 10 Years
Min: -69.28   Med: -13.2   Max: 38.03
Current: -69.28

During the past 13 years, Aberdeen International's highest ROE % was 38.03%. The lowest was -69.28%. And the median was -13.20%.

AABVF's ROE % is ranked worse than
97.23% of 1698 companies
in the Asset Management industry
Industry Median: 4.065 vs AABVF: -69.28

Aberdeen International ROE % Historical Data

The historical data trend for Aberdeen International'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 International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.49 6.79 9.69 2.47 -36.31

Aberdeen International Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.80 -74.32 -68.35 -60.75 -75.38

Competitive Comparison

For the Asset Management subindustry, Aberdeen International'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 International ROE % Distribution

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

* The bar in red indicates where Aberdeen International's ROE % falls into.



Aberdeen International ROE % Calculation

Aberdeen International's annualized ROE % for the fiscal year that ended in Jan. 2023 is calculated as

ROE %=Net Income (A: Jan. 2023 )/( (Total Stockholders Equity (A: Jan. 2022 )+Total Stockholders Equity (A: Jan. 2023 ))/ count )
=-9.758/( (32.297+21.444)/ 2 )
=-9.758/26.8705
=-36.31 %

Aberdeen International's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=-10.676/( (15.785+12.542)/ 2 )
=-10.676/14.1635
=-75.38 %

* 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 four times the quarterly (Oct. 2023) net income data. ROE % is displayed in the 30-year financial page.


Aberdeen International  (OTCPK:AABVF) 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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-10.676/14.1635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.676 / -9.616)*(-9.616 / 15.9815)*(15.9815 / 14.1635)
=Net Margin %*Asset Turnover*Equity Multiplier
=111.02 %*-0.6017*1.1284
=ROA %*Equity Multiplier
=-66.8 %*1.1284
=-75.38 %

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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-10.676/14.1635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-10.676 / -10.676) * (-10.676 / -9.616) * (-9.616 / 15.9815) * (15.9815 / 14.1635)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 111.02 % * -0.6017 * 1.1284
=-75.38 %

Note: The net income data used here is four times the quarterly (Oct. 2023) net income data. The Revenue data used here is four times the quarterly (Oct. 2023) 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 International ROE % Related Terms

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Aberdeen International (Aberdeen International) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Aberdeen International Inc is a resource investment company and merchant bank. It focuses on small capitalization companies in the metals and mining sector. The company seeks to acquire equity participation in pre-IPO and early stage public resource companies with undeveloped or undervalued high-quality resources.

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