Abrdn Australia Equity Fund Inc
Abrdn Australia Equity Fund Inc (IAF) Stock Overview
Explore Abrdn Australia Equity Fund Inc’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
124.6M
P/E Ratio
3.58
EPS (TTM)
$1.29
ROE
0.26%
IAF Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Abrdn Australia Equity Fund Inc (IAF) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $4.50.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 3.58 and a market capitalization of 124.6M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.
Martin James Gilbert LLD, MA LLB LLD CA
Level 10, Sydney, NSW
1985