ABL GROUP ASA (ABL.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ABL - NO0010715394 - Common Stock
8.72 NOK
-0.02 (-0.23%)
Taking everything into account, ABL scores 4 out of 10 in our fundamental rating. ABL was compared to 36 industry peers in the Energy Equipment & Services industry. ABL has a bad profitability rating. Also its financial health evaluation is rather negative. ABL is growing strongly while it is still valued neutral. This is a good combination!
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.
- In the past 5 years ABL has always been profitable.
- ABL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 2.51%, ABL is not doing good in the industry: 65.79% of the companies in the same industry are doing better.
- The Return On Equity of ABL (4.87%) is worse than 71.05% of its industry peers.
- With a Return On Invested Capital value of 5.06%, ABL is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for ABL is in line with the industry average of 10.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 4.87% | ||
| ROIC | 5.06% |
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
- ABL has a worse Profit Margin (1.47%) than 78.95% of its industry peers.
- In the last couple of years the Profit Margin of ABL has declined.
- ABL has a worse Operating Margin (2.77%) than 81.58% of its industry peers.
- In the last couple of years the Operating Margin of ABL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.77% | ||
| PM (TTM) | 1.47% | ||
| 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.
- The number of shares outstanding for ABL has been increased compared to 1 year ago.
- The number of shares outstanding for ABL has been increased compared to 5 years ago.
- The debt/assets ratio for ABL is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of ABL is 4.05, which is a neutral value as it means it would take ABL, 4.05 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 4.05, ABL perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
- ABL has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.08, ABL belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | N/A |
ROIC/WACC0.6
WACC8.48%
2.3 Liquidity
- ABL has a Current Ratio of 1.46. This is a normal value and indicates that ABL is financially healthy and should not expect problems in meeting its short term obligations.
- ABL has a Current ratio (1.46) which is in line with its industry peers.
- ABL has a Quick Ratio of 1.46. This is a normal value and indicates that ABL is financially healthy and should not expect problems in meeting its short term obligations.
- ABL has a Quick ratio of 1.46. This is comparable to the rest of the industry: ABL outperforms 57.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 63.68% over the past 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 20.62% 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)63.68%
EPS 3Y-7.17%
EPS 5Y-27.16%
EPS Q2Q%900%
Revenue 1Y (TTM)20.62%
Revenue growth 3Y27.11%
Revenue growth 5Y41.39%
Sales Q2Q%1.83%
3.2 Future
- The Earnings Per Share is expected to grow by 39.34% on average over the next years. This is a very strong growth
- ABL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.52% yearly.
EPS Next Y62.32%
EPS Next 2Y53.12%
EPS Next 3Y39.34%
EPS Next 5YN/A
Revenue Next Year21.67%
Revenue Next 2Y13.11%
Revenue Next 3Y10.52%
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
- With a Price/Earnings ratio of 15.85, ABL is valued correctly.
- ABL's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 27.21. ABL is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 6.76, the valuation of ABL can be described as very cheap.
- Based on the Price/Forward Earnings ratio, ABL is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. ABL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.85 | ||
| Fwd PE | 6.76 |
4.2 Price Multiples
- ABL's Enterprise Value to EBITDA is on the same level as the industry average.
- 60.53% 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 | 17.53 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
- ABL's 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 39.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y53.12%
EPS Next 3Y39.34%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 10.30%, ABL is a good candidate for dividend investing.
- ABL's Dividend Yield is rather good when compared to the industry average which is at 3.63. ABL pays more dividend than 94.74% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, ABL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.3% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- ABL pays out 210.47% of its income as dividend. This is not a sustainable payout ratio.
DP210.47%
EPS Next 2Y53.12%
EPS Next 3Y39.34%
ABL GROUP ASA / ABL.OL FAQ
What is the fundamental rating for ABL stock?
ChartMill assigns a fundamental rating of 4 / 10 to ABL.OL.
Can you provide the valuation status for ABL GROUP ASA?
ChartMill assigns a valuation rating of 5 / 10 to ABL GROUP ASA (ABL.OL). This can be considered as Fairly Valued.
What is the profitability of ABL stock?
ABL GROUP ASA (ABL.OL) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for ABL stock?
The Price/Earnings (PE) ratio for ABL GROUP ASA (ABL.OL) is 15.85 and the Price/Book (PB) ratio is 1.12.
How sustainable is the dividend of ABL GROUP ASA (ABL.OL) stock?
The dividend rating of ABL GROUP ASA (ABL.OL) is 5 / 10 and the dividend payout ratio is 210.47%.