Abrdn Asia-Pacific Income Fund Inc (FAX): fair value, margin of safety and Wheel Score

Is FAX undervalued?

At 12.91 (close of 5 Nov 2026), FAX trades 52% below the GLS average fair value of 26.90. That average comes from 8 models run on the latest filings, and 5 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Abrdn Asia-Pacific Income Fund Inc the full Value points in the Wheel Score - and a closer look at what the market is pricing in.

There is a wide gap between 10 Cap (3.58) and GLS Growth (62.16). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

FAX looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.

Nine valuation models for FAX

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

Abrdn Asia-Pacific Income Fund Inc scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. There is no GLS Moat score for FAX: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.

Returns on capital are thin or negative - ROIC 3.3%, ROE 5.3%, ROA 3.2% - with debt at 0.62 times equity and a free-cash-flow yield of 1.4%.

The dividend yield is high at 15.10% (payout ratio 195%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.

Institutional ownership scores 3/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 26: No options

No options are listed on Abrdn Asia-Pacific Income Fund Inc in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 26, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.

Volume runs at 103k shares a day on a market cap of $533M, with a beta of 0.56 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.

Upcoming events

No upcoming earnings date is recorded for FAX in the nightly calendar.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Asset Management - Income

The 12 companies below are the closest to Abrdn Asia-Pacific Income Fund Inc by market cap within the Asset Management - Income industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare FAX with 7 of them   All Financial Services stocks →