# abrdn World Healthcare Fund Shares of Beneficial Interest (THW) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $14.18, market value $572 million.

## Valuation
- **P/E (trailing): 6.7×** (5-yr avg 7.1×, 3-yr avg 7.1×). abrdn World Healthcare Fund Shares of Beneficial Interest trades at 6.7× trailing earnings, close to its own five-year average of 7.1×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 10.2×**. Each dollar of revenue is priced at 10.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.0%** (5-yr avg 12.2%). Free cash flow equals 6.0% of the market value, below its five-year average of 12.2%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 15.0%**. The inverse of the P/E: 15.0% of the price is earned each year.

## Profitability
- **Net margin: 98.4%**. 98.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.8%**. 10.8% on shareholders' equity is solid.
- **Return on assets: 8.7%**. Each dollar of assets produces 8.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -40.5%**. Revenue fell 40.5% over the last year.
- **EPS growth (1 yr): -45.1%**. Earnings per share fell 45.1%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -11.0%/yr**. Free cash flow has compounded at -11.0% a year over three years.

## Financial health
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $488,222**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 9.88%** ($1.40 per share, trailing). abrdn World Healthcare Fund Shares of Beneficial Interest yields 9.88%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 94%** (152% of free cash flow). 94% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 6.7%**. Dividends plus net buybacks return 6.7% of the market value a year.

## Price and momentum
- **Total return (1 yr): 31.7%** (YTD 18.4%, 3-mo 16.1%). The shares are up 31.7% over twelve months including dividends.
- **From 52-week high: -2.2%** (26.8% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 0.64** (volatility 19%). Beta of 0.64 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=THW · Page: https://foliofundamentals.com/stocks/thw

Not investment advice.