Abrdn Australia Equity Fund Inc

NEW
AMEX:IAF (USA)  
$ 13.34 -0.13 (-0.94%) 11:21 AM EST
7.50
P/B:
0.92
Market Cap:
$ 127.86M
Enterprise V:
$ 137.48M
Volume:
2.72K
Avg Vol (2M):
17.08K
Trade In:
Volume:
2.72K
Avg Vol (2M):
17.08K

GF Valueâ„¢

Abrdn Australia Equity Fund Inc’s share price is $13.3431. Its GF Value is $0. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Abrdn Australia Equity Fund Inc stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: $13.3431 GF Value Price/GF Value
Current $0 Infinity
Next FY1 End $0 Infinity
Next 12 Month $0 Infinity
Next FY2 End $0 Infinity
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing Abrdn Australia Equity Fund Inc's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The analysis reveals the strongest correlation between Abrdn Australia Equity Fund Inc's stock price and Book Value per share, with a coefficient of 98%. Abrdn Australia Equity Fund Inc’s stock price shows no significant correlation with Revenue per share. Abrdn Australia Equity Fund Inc’s stock price shows no significant correlation with Earnings without NRI per share. Abrdn Australia Equity Fund Inc’s stock price shows no significant correlation with Operating Cash Flow per share.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies