Stock ACP ABRDN INCOME CREDIT STRATEGIES FUND
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Financials Abrdn Income Credit Strategies Fund

Equities

ACP

US0030571063

Closed End Funds

Market Closed - Nyse
Other stock markets
 01:30:02 14/05/2024 am IST 		5-day change 1st Jan Change
6.77 USD +0.30% Intraday chart for Abrdn Income Credit Strategies Fund +0.59% -0.44%
08/01 Abrdn Income Credit Strategies Fund Reports Earnings Results for the Full Year Ended October 31, 2023 CI
2023 Abrdn agrees to buy four closed-end funds from First Trust Advisors AN

Valuation

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Capitalization 1 171.1 148.1 160 197 158 301
Enterprise Value (EV) 1 253.8 219.1 239.6 315 244.8 406
P/E ratio 49.2 x -65.5 x -39 x 7.74 x -2.56 x 10.7 x
Yield 11% 12.7% 15.3% 10.6% 18.8% 20.8%
Capitalization / Revenue 6.31 x 7.33 x 7.81 x 7.75 x 5.54 x 7.99 x
EV / Revenue 9.36 x 10.8 x 11.7 x 12.4 x 8.59 x 10.8 x
EV / EBITDA - - - - - -
EV / FCF - 1,37,58,366 x 2,59,90,738 x 3,02,10,667 x 1,60,06,756 x 6,80,84,423 x
FCF Yield - 0% 0% 0% 0% 0%
Price to Book 0.93 x 0.91 x 0.9 x 1.08 x 0.95 x 0.89 x
Nbr of stocks (in thousands) 13,074 13,074 17,432 17,437 24,799 52,076
Reference price 2 13.09 11.33 9.180 11.30 6.370 5.780
Announcement Date 07/01/19 09/01/20 08/01/21 10/01/22 09/01/23 08/01/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net sales 1 27.11 20.2 20.5 25.42 28.52 37.69
EBITDA - - - - - -
EBIT 1 22.66 16.4 16.61 20.51 23.39 31.04
Operating Margin 83.57% 81.21% 81.03% 80.68% 82.02% 82.35%
Earnings before Tax (EBT) 1 3.481 -2.262 -4.101 34.99 -59.72 30.27
Net income 1 3.481 -2.262 -4.101 34.99 -59.72 30.27
Net margin 12.84% -11.2% -20% 137.61% -209.45% 80.31%
EPS 2 0.2662 -0.1730 -0.2352 1.460 -2.490 0.5406
Free Cash Flow - 15.92 9.22 10.43 15.29 5.963
FCF margin - 78.85% 44.98% 41.01% 53.64% 15.82%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - 29.8% - 19.7%
Dividend per Share 2 1.440 1.440 1.400 1.200 1.200 1.200
Announcement Date 07/01/19 09/01/20 08/01/21 10/01/22 09/01/23 08/01/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net Debt 1 82.7 71 79.6 118 86.8 105
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 15.9 9.22 10.4 15.3 5.96
ROE (net income / shareholders' equity) - -1.3% -2.41% 15.2% -24.4% 10.3%
ROA (Net income/ Total Assets) - 4.02% 4.1% 3.81% 4.12% 4.93%
Assets 1 - -56.31 -100 918.4 -1,450 613.8
Book Value Per Share 2 14.10 12.50 10.10 10.40 6.720 6.520
Cash Flow per Share 2 0.0200 0.0800 0.0900 - 0.0500 0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 07/01/19 09/01/20 08/01/21 10/01/22 09/01/23 08/01/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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1st Jan change Capi.
ABRDN INCOME CREDIT STRATEGIES FUND Stock Abrdn Income Credit Strategies Fund
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Closed End Funds
  1. Stock Market
  2. Equities
  3. ACP Stock
  4. Financials Abrdn Income Credit Strategies Fund
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