FAP : Aberdeen Asia-Pacific Income Investment Company Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Aberdeen Asia-Pacific Income Investment Company Limited trades with the ticker FAP on the TSX and is in the Asset Management industry.

Overview
ABRDN Asia-Pacific Income Fund VCC is a close ended fixed income mutual fund launched by Aberdeen Standard Investments (Asia) Limited. The fund is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. It invests in fixed income markets of the Asia-Pacific region. The fund primarily invests in long term debt securities. It benchmarks the performance of its portfolio against a composite index comprised of 25% UBS Composite Index, 20% JP Morgan Asian Credit Index, 35% iBoxx Indices, and 20% JPMorgan Government Emerging Markets Indices. ABRDN Asia-Pacific Income Fund VCC was formed on June 13, 1986 and is domiciled in the United States.
 

Looking to invest in Aberdeen Asia-Pacific Income Investment Company Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

FAP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $108.924MM

PE Ratio: 5.521

Price: 2.66 (Updated: 3/12/2024 0:47:16)



Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs Competitors in Asset Management

Lets see how FAP.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs Aberdeen International Inc (AAB)
    • FAP has higher EPS (0.48 vs -0.12). AAB has a P/E under 0, indicating FAP (P/E 5.521) is in a better position.
  • Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs AGF Management Limited (AGF-B)
    • AGF-B has higher EPS (1.3 vs 0.48). AGF-B provides dividends, while FAP does not. AGF-B has a higher P/E ratio (6.238 vs 5.521) indicating it’s more expensive.
  • Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs Aimia Inc (AIM)
    • FAP has higher EPS (0.48 vs -1.8). AIM has a P/E under 0, indicating FAP (P/E 5.521) is in a better position.
  • Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 0.48). BAM-A provides dividends, while FAP does not. BAM-A has a higher P/E ratio (20.732 vs 5.521) indicating it’s more expensive.
  • Aberdeen Asia-Pacific Income Investment Company Limited (FAP) vs Canadian Banc Corp (BK)
    • FAP has higher EPS (0.48 vs -1.81). BK provides dividends, while FAP does not. BK has a P/E under 0, indicating FAP (P/E 5.521) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (5.52) than the industry average (9.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.00) than the industry average (2.01), indicating attractive valuation.
 

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You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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