Aberdeen New Thai Investment Trust (LSE:ANWS) Return-on-Tangible-Equity: 13.41% (As of Feb. 2021) — 73% Above Median

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What is Aberdeen New Thai Investment Trust Return-on-Tangible-Equity?

Aberdeen New Thai Investment Trust LSE:ANWS 8 Return-on-Tangible-Equity is 13.41% as of Feb. 2021, which is 73% above its 10-year median of 7.74. GuruFocus rates LSE:ANWS with a GF Score™ of 8/100. The stock has 3 warning signs investors should review.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aberdeen New Thai Investment Trust's annualized net income for the quarter that ended in Feb. 2021 was £10.74 Mil. Aberdeen New Thai Investment Trust's average shareholder tangible equity for the quarter that ended in Feb. 2021 was £80.10 Mil. Therefore, Aberdeen New Thai Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2021 was 13.41%.

The historical rank and industry rank for Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

LSE:ANWS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.55   Med: 7.74   Max: 46.67
Current: 0.66

During the past 13 years, Aberdeen New Thai Investment Trust's highest Return-on-Tangible-Equity was 46.67%. The lowest was -29.55%. And the median was 7.74%.

LSE:ANWS's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.21 vs LSE:ANWS: 0.66

Aberdeen New Thai Investment Trust  (LSE:ANWS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Aberdeen New Thai Investment Trust Return-on-Tangible-Equity Related Terms


Aberdeen New Thai Investment Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity 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.

Aberdeen New Thai Investment Trust Return-on-Tangible-Equity Chart

Aberdeen New Thai Investment Trust Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.52 14.83 -5.54 -17.63 0.65

Aberdeen New Thai Investment Trust Semi-Annual Data
Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21
Return-on-Tangible-Equity 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 -9.34 27.16 -62.84 -11.74 13.41

LSE:ANWS vs NKG, KCAP, HRZN: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 New Thai Investment Trust Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity falls into.



Aberdeen New Thai Investment Trust Return-on-Tangible-Equity Calculation

Aberdeen New Thai Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2021 )  (A: Feb. 2020 )(A: Feb. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2021 )  (A: Feb. 2020 )(A: Feb. 2021 )
=0.543/( (85.787+81.612 )/ 2 )
=0.543/83.6995
=0.65 %

Aberdeen New Thai Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2021 )  (Q: Aug. 2020 )(Q: Feb. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2021 )  (Q: Aug. 2020 )(Q: Feb. 2021 )
=10.738/( (78.593+81.612)/ 2 )
=10.738/80.1025
=13.41 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Feb. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.41% mean?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a Return-on-Tangible-Equity of 13.41% as of Feb. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen New Thai Investment Trust and its competitors. This is 73% above median its historical median of 7.74.
Is Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity too high?
Aberdeen New Thai Investment Trust's current Return-on-Tangible-Equity of 13.41% is 73% above median its 10-year median of 7.74. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Aberdeen New Thai Investment Trust's value of 13.41% is 86% above this industry median. Overall, Aberdeen New Thai Investment Trust has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity compare to NKG and KCAP?
Aberdeen New Thai Investment Trust's Return-on-Tangible-Equity of 13.41% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.21. Aberdeen New Thai Investment Trust's value of 13.41% is 86% above this benchmark. While the company's 10-year median is 7.74 vs. the industry median of 7.21, Aberdeen New Thai Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen New Thai Investment Trust's current Return-on-Tangible-Equity of 13.41% is 86% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen New Thai Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen New Thai Investment Trust's current Return-on-Tangible-Equity is 13.41%, which is 73% above median its own 10-year median of 7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen New Thai Investment Trust stock overvalued right now?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a current Return-on-Tangible-Equity of 13.41%. The current Return-on-Tangible-Equity is 13.41%, which is 73% above median its 10-year median of 7.74 and 86% above the Asset Management industry median of 7.21. Aberdeen New Thai Investment Trust's overall GF Score™ is 8/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aberdeen New Thai Investment Trust (LSE:ANWS), the current Return-on-Tangible-Equity is 13.41% as of Feb. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aberdeen New Thai Investment Trust Business Description

Address 1 Bread Street, Bow Bells House, London, GBR, EC4M 9HH
Aberdeen New Thai Investment Trust PLC is a UK-based investment trust. The company's investment objective is to provide shareholders with a high level of long-term, above average capital growth through investment in Thailand. It is managed by Aberdeen Asset Management Asia Limited. The company's assets are invested in a diversified portfolio of securities in companies, spread across a range of industries, which are quoted on the stock exchange of Thailand.