ABL GROUP ASA (ABL.OL) Stock Fundamental Analysis
OSL:ABL - Euronext Oslo - NO0010715394 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to ABL. ABL was compared to 35 industry peers in the Energy Equipment & Services industry. While ABL seems to be doing ok healthwise, there are quite some concerns on its profitability. ABL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year ABL was profitable.
In the past year ABL had a positive cash flow from operations.
ABL had positive earnings in each of the past 5 years.
In the past 5 years ABL always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.35%, ABL is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 4.40%, ABL is doing worse than 75.00% of the companies in the same industry.
The Return On Invested Capital of ABL (5.98%) is worse than 63.89% of its industry peers.
ABL had an Average Return On Invested Capital over the past 3 years of 8.45%. This is below the industry average of 10.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 4.4% | ||
| ROIC | 5.98% |
ROA(3y)3.98%
ROA(5y)3.2%
ROE(3y)7.28%
ROE(5y)5.8%
ROIC(3y)8.45%
ROIC(5y)6.76%
1.3 Margins
The Profit Margin of ABL (1.41%) is worse than 83.33% of its industry peers.
ABL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.47%, ABL is doing worse than 83.33% of the companies in the same industry.
ABL's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.47% | ||
| PM (TTM) | 1.41% | ||
| GM | N/A |
OM growth 3Y-10.78%
OM growth 5YN/A
PM growth 3Y-12.96%
PM growth 5Y-38.87%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ABL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ABL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ABL has been increased compared to 5 years ago.
ABL has a worse debt/assets ratio than last year.
2.2 Solvency
ABL has an Altman-Z score of 3.18. This indicates that ABL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ABL (3.18) is better than 86.11% of its industry peers.
ABL has a debt to FCF ratio of 4.12. This is a neutral value as ABL would need 4.12 years to pay back of all of its debts.
ABL has a Debt to FCF ratio of 4.12. This is comparable to the rest of the industry: ABL outperforms 55.56% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that ABL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.06, ABL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 3.18 |
ROIC/WACC0.7
WACC8.56%
2.3 Liquidity
ABL has a Current Ratio of 1.54. This is a normal value and indicates that ABL is financially healthy and should not expect problems in meeting its short term obligations.
ABL's Current ratio of 1.54 is in line compared to the rest of the industry. ABL outperforms 55.56% of its industry peers.
A Quick Ratio of 1.54 indicates that ABL should not have too much problems paying its short term obligations.
ABL has a better Quick ratio (1.54) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
The earnings per share for ABL have decreased strongly by -47.50% in the last year.
ABL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.16% yearly.
The Revenue has grown by 23.24% in the past year. This is a very strong growth!
The Revenue has been growing by 41.39% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-47.5%
EPS 3Y-7.17%
EPS 5Y-27.16%
EPS Q2Q%100%
Revenue 1Y (TTM)23.24%
Revenue growth 3Y27.11%
Revenue growth 5Y41.39%
Sales Q2Q%26.85%
3.2 Future
The Earnings Per Share is expected to grow by 21.72% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.26% on average over the next years. This is quite good.
EPS Next Y89.37%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
EPS Next 5YN/A
Revenue Next Year21.51%
Revenue Next 2Y14.16%
Revenue Next 3Y11.26%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.14 indicates a correct valuation of ABL.
ABL's Price/Earnings is on the same level as the industry average.
ABL is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.57, the valuation of ABL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ABL is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.76. ABL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
ABL's Enterprise Value to EBITDA ratio is in line with the industry average.
75.00% of the companies in the same industry are cheaper than ABL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.67 | ||
| EV/EBITDA | 7.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ABL's earnings are expected to grow with 21.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y47.12%
EPS Next 3Y21.72%
5. Dividend
5.1 Amount
ABL has a Yearly Dividend Yield of 4.89%, which is a nice return.
Compared to an average industry Dividend Yield of 6.19, ABL pays a bit more dividend than its industry peers.
ABL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ABL pays out 226.24% of its income as dividend. This is not a sustainable payout ratio.
DP226.24%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
OSL:ABL (7/11/2025, 7:00:00 PM)
9.2
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners22.86%
Inst Owner ChangeN/A
Ins Owners8.91%
Ins Owner ChangeN/A
Market Cap1.21B
Analysts80
Price Target12.5 (35.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
Yearly Dividend0.79
Dividend Growth(5Y)N/A
DP226.24%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-19.14%
Min EPS beat(2)-70.3%
Max EPS beat(2)32.01%
EPS beat(4)1
Avg EPS beat(4)-34.82%
Min EPS beat(4)-70.3%
Max EPS beat(4)32.01%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-3.36%
Max Revenue beat(2)3.48%
Revenue beat(4)1
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-8.25%
Max Revenue beat(4)3.48%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 8.57 | ||
| P/S | 0.38 | ||
| P/FCF | 21.67 | ||
| P/OCF | 13.43 | ||
| P/B | 1.2 | ||
| P/tB | 3.54 | ||
| EV/EBITDA | 7.26 |
EPS(TTM)0.57
EY6.2%
EPS(NY)1.07
Fwd EY11.67%
FCF(TTM)0.42
FCFY4.61%
OCF(TTM)0.69
OCFY7.45%
SpS23.92
BVpS7.65
TBVpS2.6
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 4.4% | ||
| ROCE | 9.17% | ||
| ROIC | 5.98% | ||
| ROICexc | 7.17% | ||
| ROICexgc | 21.65% | ||
| OM | 3.47% | ||
| PM (TTM) | 1.41% | ||
| GM | N/A | ||
| FCFM | 1.78% |
ROA(3y)3.98%
ROA(5y)3.2%
ROE(3y)7.28%
ROE(5y)5.8%
ROIC(3y)8.45%
ROIC(5y)6.76%
ROICexc(3y)11.87%
ROICexc(5y)9.51%
ROICexgc(3y)30.66%
ROICexgc(5y)23.07%
ROCE(3y)12.96%
ROCE(5y)10.37%
ROICexcg growth 3Y15.01%
ROICexcg growth 5YN/A
ROICexc growth 3Y-3.29%
ROICexc growth 5YN/A
OM growth 3Y-10.78%
OM growth 5YN/A
PM growth 3Y-12.96%
PM growth 5Y-38.87%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover1.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 4.12 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 55.44% | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 52.66% | ||
| Profit Quality | 126.08% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 3.18 |
F-Score5
WACC8.56%
ROIC/WACC0.7
Cap/Depr(3y)52.28%
Cap/Depr(5y)36.23%
Cap/Sales(3y)1.05%
Cap/Sales(5y)0.74%
Profit Quality(3y)171.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-47.5%
EPS 3Y-7.17%
EPS 5Y-27.16%
EPS Q2Q%100%
EPS Next Y89.37%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
EPS Next 5YN/A
Revenue 1Y (TTM)23.24%
Revenue growth 3Y27.11%
Revenue growth 5Y41.39%
Sales Q2Q%26.85%
Revenue Next Year21.51%
Revenue Next 2Y14.16%
Revenue Next 3Y11.26%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y13.41%
EBIT growth 5YN/A
EBIT Next Year78.26%
EBIT Next 3Y37.66%
EBIT Next 5YN/A
FCF growth 1Y-39.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.22%
OCF growth 3Y211.66%
OCF growth 5YN/A