Aberdeen Asia Focus (LSE:AAS) ROE %: 20.77% (As of Jan. 2026) — 177% Above Median

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LSE:AAS Aberdeen Asia Focus Plc LSE:AAS
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What is Aberdeen Asia Focus ROE %?

Aberdeen Asia Focus LSE:AAS -0.67% 40 ROE % is 20.77% as of Jan. 2026, which is 177% above its 10-year median of 7.49. GuruFocus rates LSE:AAS with a GF Score™ of 40/100. The stock has 7 warning signs investors should review. Among 1,611 Asset Management companies, Aberdeen Asia Focus ranks better than 80.88% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aberdeen Asia Focus's annualized net income for the quarter that ended in Jan. 2026 was £119.6 Mil. Aberdeen Asia Focus's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was £575.7 Mil. Therefore, Aberdeen Asia Focus's annualized ROE % for the quarter that ended in Jan. 2026 was 20.77%.

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

LSE:AAS' s ROE % Range Over the Past 10 Years
Min: -15.1   Med: 7.49   Max: 34.59
Current: 20.49

During the past 13 years, Aberdeen Asia Focus's highest ROE % was 34.59%. The lowest was -15.10%. And the median was 7.49%.

LSE:AAS's ROE % is ranked better than
80.88% of 1611 companies
in the Asset Management industry
Industry Median: 6.87 vs LSE:AAS: 20.49

Aberdeen Asia Focus  (LSE:AAS) 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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=119.558/575.6845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(119.558 / 117.14)*(117.14 / 647.0145)*(647.0145 / 575.6845)
=Net Margin %*Asset Turnover*Equity Multiplier
=102.06 %*0.181*1.1239
=ROA %*Equity Multiplier
=18.47 %*1.1239
=20.77 %

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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=119.558/575.6845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (119.558 / 115.712) * (115.712 / 117.14) * (117.14 / 647.0145) * (647.0145 / 575.6845)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0332 * 98.78 % * 0.181 * 1.1239
=20.77 %

Note: The net income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) 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 Focus ROE % Related Terms


Aberdeen Asia Focus ROE % Historical Data

* Premium members only.

The historical data trend for Aberdeen Asia Focus'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.

Aberdeen Asia Focus ROE % Chart

Aberdeen Asia Focus Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.59 -2.31 7.41 7.56 16.96

Aberdeen Asia Focus Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -2.33 17.70 13.85 20.17 20.77

LSE:AAS vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Aberdeen Asia Focus'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 Focus ROE % vs Asset Management Industry

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

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


LSE:AAS
40GF Score
Aberdeen Asia Focus Plc LSE:AAS
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Aberdeen Asia Focus ROE % Calculation

Aberdeen Asia Focus's annualized ROE % for the fiscal year that ended in Jul. 2025 is calculated as

ROE %=Net Income (A: Jul. 2025 )/( (Total Stockholders Equity (A: Jul. 2024 )+Total Stockholders Equity (A: Jul. 2025 ))/ count )
=89.935/( (502.26+558.593)/ 2 )
=89.935/530.4265
=16.96 %

Aberdeen Asia Focus's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=119.558/( (558.593+592.776)/ 2 )
=119.558/575.6845
=20.77 %

* 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 (Jan. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.77% mean?
Aberdeen Asia Focus (LSE:AAS) has a ROE % of 20.77% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aberdeen Asia Focus and its competitors. This is 177% above median its historical median of 7.49. According to the industry distribution chart, Aberdeen Asia Focus ranks #308 out of 1611 companies in the Asset Management industry, placing it in the top 19.1%.
Is Aberdeen Asia Focus' ROE % too high?
Aberdeen Asia Focus' current ROE % of 20.77% is 177% above median its 10-year median of 7.49. The Asset Management industry median ROE % is 6.87. Aberdeen Asia Focus' value of 20.77% is 202.3% above this industry median. Based on the distribution chart, Aberdeen Asia Focus ranks #308 out of 1611 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aberdeen Asia Focus has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Asia Focus' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Aberdeen Asia Focus ranks #308 out of 1611 companies for ROE %. This places Aberdeen Asia Focus in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.87. Aberdeen Asia Focus' value of 20.77% is 202.3% above this benchmark. While the company's 10-year median is 7.49 vs. the industry median of 6.87, Aberdeen Asia Focus 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.87, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen Asia Focus's current ROE % of 20.77% is 202.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aberdeen Asia Focus and its competitors. For the Asset Management industry, the median ROE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen Asia Focus's current ROE % is 20.77%, which is 177% above median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Asia Focus stock overvalued right now?
Aberdeen Asia Focus (LSE:AAS) has a current ROE % of 20.77%. The current ROE % is 20.77%, which is 177% above median its 10-year median of 7.49 and 202.3% above the Asset Management industry median of 6.87. Aberdeen Asia Focus' overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Aberdeen Asia Focus (LSE:AAS), the current ROE % is 20.77% as of Jan. 2026. 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 Asia Focus Business Description

Address 280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Asia Focus PLC is a closed-end investment company listed on the London Stock Exchange. The company focuses on identifying and investing in well-managed smaller companies across Asia (excluding Japan) that demonstrate strong growth potential. The company aims to maximise total return to shareholders over the long term from a portfolio made up predominantly of quoted smaller companies. Its investments span multiple industries and economies, generating returns through capital appreciation. The company is engaged in a single segment of business activity, being investment business.
40GF Score

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