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ABERDEEN EMERGING MARKETS EQUITYOME FUND, (ABERDEEN EMERGING MARKETS EQUITYOME FUND,) ROE % : 4.87% (As of Dec. 2023)


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What is ABERDEEN EMERGING MARKETS EQUITYOME FUND, ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s annualized net income for the quarter that ended in Dec. 2023 was $14.79 Mil. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $303.62 Mil. Therefore, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s annualized ROE % for the quarter that ended in Dec. 2023 was 4.87%.

The historical rank and industry rank for ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s ROE % or its related term are showing as below:

AEF' s ROE % Range Over the Past 10 Years
Min: -36.42   Med: 3.93   Max: 33.53
Current: 9.7

During the past 13 years, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s highest ROE % was 33.53%. The lowest was -36.42%. And the median was 3.93%.

AEF's ROE % is ranked better than
68.85% of 1695 companies
in the Asset Management industry
Industry Median: 4.06 vs AEF: 9.70

ABERDEEN EMERGING MARKETS EQUITYOME FUND, ROE % Historical Data

The historical data trend for ABERDEEN EMERGING MARKETS EQUITYOME 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 EMERGING MARKETS EQUITYOME FUND, ROE % Chart

ABERDEEN EMERGING MARKETS EQUITYOME FUND, Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.84 11.36 -1.93 -34.32 9.78

ABERDEEN EMERGING MARKETS EQUITYOME FUND, Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -22.86 -60.47 -7.74 14.54 4.87

Competitive Comparison of ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s ROE %

For the Asset Management subindustry, ABERDEEN EMERGING MARKETS EQUITYOME 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 EMERGING MARKETS EQUITYOME FUND,'s ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s ROE % distribution charts can be found below:

* The bar in red indicates where ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s ROE % falls into.



ABERDEEN EMERGING MARKETS EQUITYOME FUND, ROE % Calculation

ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=29.127/( (293.167+302.501)/ 2 )
=29.127/297.834
=9.78 %

ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=14.794/( (304.747+302.501)/ 2 )
=14.794/303.624
=4.87 %

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


ABERDEEN EMERGING MARKETS EQUITYOME FUND,  (AMEX:AEF) 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. 2023 )
=Net Income/Total Stockholders Equity
=14.794/303.624
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.794 / 15.736)*(15.736 / 344.1515)*(344.1515 / 303.624)
=Net Margin %*Asset Turnover*Equity Multiplier
=94.01 %*0.0457*1.1335
=ROA %*Equity Multiplier
=4.3 %*1.1335
=4.87 %

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. 2023 )
=Net Income/Total Stockholders Equity
=14.794/303.624
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.794 / 14.794) * (14.794 / 15.736) * (15.736 / 344.1515) * (344.1515 / 303.624)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 94.01 % * 0.0457 * 1.1335
=4.87 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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 EMERGING MARKETS EQUITYOME FUND, ROE % Related Terms

Thank you for viewing the detailed overview of ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


ABERDEEN EMERGING MARKETS EQUITYOME FUND, (ABERDEEN EMERGING MARKETS EQUITYOME FUND,) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
ABERDEEN EMERGING MARKETS EQUITY INCOME FUND, INC. is a closed-end investment company. The Fund's investment objective is to seek to provide both current income and long-term capital appreciation. It invests in the public equity and fixed income markets of Chile. The Fund invests in a range of sectors, including financials, consumer staples, utilities, consumer discretionary, materials, energy, information technology, Private Equity, telecommunication services, healthcare, real estate and industrials.
Executives
Peter Branner other: Other - Director of Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Neil Andrew Slater other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Rahn K Porter director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Michael Mark Redman other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert Mckillop other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Alex Hoctor-duncan other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103

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