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Aberdeen Asia-Pacificome Investment Co (Aberdeen Asia-Pacificome Investment Co) ROE % : 5.48% (As of Oct. 2023)


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What is Aberdeen Asia-Pacificome Investment Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aberdeen Asia-Pacificome Investment Co's annualized net income for the quarter that ended in Oct. 2023 was $5.11 Mil. Aberdeen Asia-Pacificome Investment Co's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was $93.40 Mil. Therefore, Aberdeen Asia-Pacificome Investment Co's annualized ROE % for the quarter that ended in Oct. 2023 was 5.48%.

The historical rank and industry rank for Aberdeen Asia-Pacificome Investment Co's ROE % or its related term are showing as below:

ABAKF' s ROE % Range Over the Past 10 Years
Min: -15.98   Med: -0.25   Max: 16.16
Current: 16.16

During the past 13 years, Aberdeen Asia-Pacificome Investment Co's highest ROE % was 16.16%. The lowest was -15.98%. And the median was -0.25%.

ABAKF's ROE % is ranked better than
84.28% of 1699 companies
in the Asset Management industry
Industry Median: 4.06 vs ABAKF: 16.16

Aberdeen Asia-Pacificome Investment Co ROE % Historical Data

The historical data trend for Aberdeen Asia-Pacificome Investment Co'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 Asia-Pacificome Investment Co ROE % Chart

Aberdeen Asia-Pacificome Investment Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.37 -5.36 -3.80 -15.09 16.11

Aberdeen Asia-Pacificome Investment Co Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.76 -10.57 -23.44 26.90 5.48

Competitive Comparison of Aberdeen Asia-Pacificome Investment Co's ROE %

For the Asset Management subindustry, Aberdeen Asia-Pacificome Investment Co'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 Asia-Pacificome Investment Co's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Asia-Pacificome Investment Co's ROE % distribution charts can be found below:

* The bar in red indicates where Aberdeen Asia-Pacificome Investment Co's ROE % falls into.



Aberdeen Asia-Pacificome Investment Co ROE % Calculation

Aberdeen Asia-Pacificome Investment Co's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=15.071/( (94.724+92.324)/ 2 )
=15.071/93.524
=16.11 %

Aberdeen Asia-Pacificome Investment Co's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Apr. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=5.114/( (94.485+92.324)/ 2 )
=5.114/93.4045
=5.48 %

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


Aberdeen Asia-Pacificome Investment Co  (OTCPK:ABAKF) 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
=5.114/93.4045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.114 / 6.34)*(6.34 / 136.6715)*(136.6715 / 93.4045)
=Net Margin %*Asset Turnover*Equity Multiplier
=80.66 %*0.0464*1.4632
=ROA %*Equity Multiplier
=3.74 %*1.4632
=5.48 %

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
=5.114/93.4045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.114 / 5.114) * (5.114 / 0) * (0 / 6.34) * (6.34 / 136.6715) * (136.6715 / 93.4045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * N/A * 0 % * 0.0464 * 1.4632
=5.48 %

Note: The net income data used here is two times the semi-annual (Oct. 2023) net income data. The Revenue data used here is two times the semi-annual (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 Asia-Pacificome Investment Co ROE % Related Terms

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Aberdeen Asia-Pacificome Investment Co (Aberdeen Asia-Pacificome Investment Co) Business Description

Traded in Other Exchanges
Address
21 Church Street, Number 01-01 Capital Square 2, Singapore, SGP, 049480
Aberdeen Asia-Pacific Income Investment Co Ltd is a closed-ended investment company. Its investment objective is to obtain current income and may also achieve incidental capital appreciation. The Company seeks to obtain these objectives primarily from investment in long-term debt securities.