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Aberdeen Asia-Pacificome Investment Co (Aberdeen Asia-Pacificome Investment Co) ROIC % : 0.00% (As of Oct. 2023)


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What is Aberdeen Asia-Pacificome Investment Co ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Aberdeen Asia-Pacificome Investment Co's annualized return on invested capital (ROIC %) for the quarter that ended in Oct. 2023 was 0.00%.

As of today (2024-05-05), Aberdeen Asia-Pacificome Investment Co's WACC % is 5.78%. Aberdeen Asia-Pacificome Investment Co's ROIC % is 0.00% (calculated using TTM income statement data). Aberdeen Asia-Pacificome Investment Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Aberdeen Asia-Pacificome Investment Co ROIC % Historical Data

The historical data trend for Aberdeen Asia-Pacificome Investment Co's ROIC % 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.

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Aberdeen Asia-Pacificome Investment Co ROIC % Chart

Aberdeen Asia-Pacificome Investment Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROIC %
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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
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Competitive Comparison of Aberdeen Asia-Pacificome Investment Co's ROIC %

For the Asset Management subindustry, Aberdeen Asia-Pacificome Investment Co's ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % Distribution in the Asset Management Industry

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

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



Aberdeen Asia-Pacificome Investment Co ROIC % Calculation

Aberdeen Asia-Pacificome Investment Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Oct. 2023 is calculated as:

ROIC % (A: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Oct. 2022 ) + Invested Capital (A: Oct. 2023 ))/ count )
=0 * ( 1 - 0% )/( (136.211 + 133.316)/ 2 )
=0/134.7635
=0.00 %

where

Aberdeen Asia-Pacificome Investment Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Oct. 2023 is calculated as:

ROIC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=0 * ( 1 - 0% )/( (128.836 + 133.316)/ 2 )
=0/131.076
=0.00 %

where

Note: The Operating Income data used here is two times the semi-annual (Oct. 2023) data.

* 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-Pacificome Investment Co  (OTCPK:ABAKF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Aberdeen Asia-Pacificome Investment Co's WACC % is 5.78%. Aberdeen Asia-Pacificome Investment Co's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Aberdeen Asia-Pacificome Investment Co ROIC % 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.