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StockVS

NYSE American · Asset Management · USD

abrdn Emerging Markets ex-China Fund, Inc. (AEF) Stock Analysis

abrdn Emerging Markets ex-China Fund, Inc. (AEF) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

AEF

$9.83

+$0.19 (+1.97%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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AEF Key Statistics

As of Sep 4, 2026
Trading
Open
$9.70
Previous Close
$9.64
Day's Range
9.67–9.90
52-Week Range
6.20–10.14
Volume
166.90K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.06
Valuation
Market Cap
$399.11M
P/E Ratio
4.20
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
61.57
EPS (ttm)Profit attributable to each share over the last twelve months.
2.34
Financials (FY)
Revenue (FY)
$96.44M+365.12%
Net Income (FY)
$95.56M+384.12%
Profit marginThe share of revenue left as profit after all costs and taxes.
1474.25%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
40.60M
1-Year Return
+78.31%
Dividend and dates
Dividend
$0.79+8.04%
Ex-Dividend Date
June 23, 2026
Avg Volume
122.42K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

AEF Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+47.79%
2025+50.22%
2024+9.43%
2023+7.12%
2022−29.63%
2021+3.31%
2020+11.62%
2019+22.83%
2018−16.20%
2017+53.77%
2016 (partial year)−4.27%

As of September 4, 2026.

AEF Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$96.44M$95.56M99.1%
2024$20.73M$19.74M95.2%
2023$30.08M$29.13M96.8%
2022−$124.68M−$126.08M101.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$96.44M——$95.56M99.1%
2024$20.73M——$19.74M95.2%
2023$30.08M——$29.13M96.8%
2022−$124.68M——−$126.08M101.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

AEF Dividend History

$0.65+66.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.442—
2025$0.654+66.7%
2024$0.394+0.0%
2023$0.394−11.4%
YearDividends per sharePaymentsChange
2026 (partial year)$0.442—
2025$0.654+66.7%
2024$0.394+0.0%
2023$0.394−11.4%
2022$0.444−17.4%
2021$0.534+93.8%
2020$0.284+61.8%
2019$0.174−87.1%
2018$1.323+469.4%
2017$0.231+65.7%
2016$0.141—

Most recent payment: $0.22 per share, ex-dividend June 23, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

AEF Valuation vs Asset Management Median

Median of 561 stocks
MetricAEFAsset Management medianvs median
P/E4.2010.3459% below
P/S ratio61.5710.425.9x the median
Profit margin1474.25%24.09%1450.2 pts above

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

abrdn Emerging Markets ex-China Fund, Inc. (AEF) is capitalised at $399.11M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The most recent close on file for AEF is $9.83, dated September 4, 2026. That is +$0.19 (+1.97%) against the previous close. The 52-week range on file runs from $6.20 to $10.14. The latest close sits 58.55% above that 52-week low.

Financial Health

In fiscal 2025, abrdn Emerging Markets ex-China Fund, Inc. reported revenue of $96.44M. That is +365.12% against the prior fiscal year, when revenue was $20.73M. The same year closed with net income of $95.56M. That is +384.12% against the prior fiscal year. Profit margin runs at 1,474.25%. That is 1,450.2 percentage points above the Asset Management median of 24.09%. Trailing earnings per share are 2.34.

Across the 4 fiscal years on file, revenue moves from −$124.68M in 2022 to $96.44M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

AEF trades at a trailing price-to-earnings ratio of 4.2. That is 59.38% below the Asset Management median of 10.34. Measured against sales, the shares trade at 61.57 times revenue. On price-to-sales that is 5.9 times the Asset Management median of 10.42. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.06. Daily returns over the trailing 10 years annualize to a volatility of 22.37%. The trailing one-year price return is +78.31%. Measured over 10 years, that is +12.28% a year compounded.

Growth & Income

AEF pays a dividend yielding 8.04%. That is 0.1 percentage points below the Asset Management median yield of 8.11%. The indicated annual rate is $0.79 a share. The ex-dividend date on file is June 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.44 a share. The year before, 2025, totalled $0.65 a share.

The strongest complete calendar year on file is 2017 at +53.77%; the weakest is 2022 at −29.63%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the price is +47.79% year to date.

Peer Comparison

abrdn Emerging Markets ex-China Fund, Inc. (AEF) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
abrdn Emerging Markets ex-China Fund, Inc. AEF $399.11M 4.2
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. abrdn Emerging Markets ex-China Fund, Inc. trades at a P/E of 4.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About abrdn Emerging Markets ex-China Fund, Inc.

abrdn Emerging Markets ex-China Fund, Inc. is a closed ended equity mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of global emerging ex-China region. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI Emerging Markets Index. It conducts internal research to create its portfolio. abrdn Emerging Markets ex-China Fund, Inc. was formed on January 30, 1989 and is domiciled in the United States.

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