ABSOLUTE SOFTWARE CORPORATIO (ABST) Stock Fundamental Analysis
USA - NASDAQ:ABST - CA00386B1094 - Common Stock
11.49 USD
-0.01 (-0.09%)
11.49 USD
0 (0%)
Overall ABST gets a fundamental rating of 3 out of 10. We evaluated ABST against 284 industry peers in the Software industry. Both the profitability and financial health of ABST have multiple concerns. ABST is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ABST has reported negative net income.
In the past year ABST had a positive cash flow from operations.
ABST had positive earnings in 4 of the past 5 years.
In the past 5 years ABST always reported a positive cash flow from operatings.
1.2 Ratios
The profitability ratios for ABST are negative, so there is not much use analyzing them.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Gross Margin value of 81.60%, ABST belongs to the best of the industry, outperforming 87.19% of the companies in the same industry.
In the last couple of years the Gross Margin of ABST has remained more or less at the same level.
ABST does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.6% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.69%
2. Health
2.1 Basic Checks
ABST does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ABST has been increased compared to 1 year ago.
Compared to 1 year ago, ABST has a worse debt to assets ratio.
2.2 Solvency
ABST has an Altman-Z score of 0.43. This is a bad value and indicates that ABST is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ABST (0.43) is worse than 69.04% of its industry peers.
The Debt to FCF ratio of ABST is 7.28, which is on the high side as it means it would take ABST, 7.28 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ABST (7.28) is better than 63.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 7.28 | ||
| Altman-Z | 0.43 |
ROIC/WACCN/A
WACC11.02%
2.3 Liquidity
A Current Ratio of 0.65 indicates that ABST may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.65, ABST is doing worse than 90.04% of the companies in the same industry.
A Quick Ratio of 0.65 indicates that ABST may have some problems paying its short term obligations.
With a Quick ratio value of 0.65, ABST is not doing good in the industry: 89.68% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for ABST have decreased strongly by -11.36% in the last year.
The Revenue has grown by 25.77% in the past year. This is a very strong growth!
The Revenue has been growing by 16.69% on average over the past years. This is quite good.
EPS 1Y (TTM)-11.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%38.46%
Revenue 1Y (TTM)25.77%
Revenue growth 3Y25.89%
Revenue growth 5Y16.69%
Sales Q2Q%13.05%
3.2 Future
ABST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.18% yearly.
The Revenue is expected to grow by 11.95% on average over the next years. This is quite good.
EPS Next Y7.92%
EPS Next 2Y33.7%
EPS Next 3Y28.18%
EPS Next 5YN/A
Revenue Next Year10.4%
Revenue Next 2Y11.32%
Revenue Next 3Y11.95%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ABST. In the last year negative earnings were reported.
Also next year ABST is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ABST indicates a rather cheap valuation: ABST is cheaper than 84.34% of the companies listed in the same industry.
92.17% of the companies in the same industry are more expensive than ABST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.58 | ||
| EV/EBITDA | 24.29 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ABST's earnings are expected to grow with 28.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y33.7%
EPS Next 3Y28.18%
5. Dividend
5.1 Amount
ABST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.49
-0.01 (-0.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners66.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap610.35M
Revenue(TTM)222.06M
Net Income(TTM)-25793000
Analysts81.82
Price Target10.67 (-7.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP-48.46%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.26%
Min EPS beat(2)-59.31%
Max EPS beat(2)-1.2%
EPS beat(4)0
Avg EPS beat(4)-41.01%
Min EPS beat(4)-81%
Max EPS beat(4)-1.2%
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)0
Avg Revenue beat(2)-4.15%
Min Revenue beat(2)-5.04%
Max Revenue beat(2)-3.25%
Revenue beat(4)0
Avg Revenue beat(4)-4.17%
Min Revenue beat(4)-5.48%
Max Revenue beat(4)-2.89%
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)-0.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.14%
EPS NY rev (1m)-2.68%
EPS NY rev (3m)-2.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.62%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.75 | ||
| P/FCF | 16.58 | ||
| P/OCF | 15.63 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.29 |
EPS(TTM)-0.49
EYN/A
EPS(NY)-0.1
Fwd EYN/A
FCF(TTM)0.69
FCFY6.03%
OCF(TTM)0.74
OCFY6.4%
SpS4.18
BVpS-0.22
TBVpS-6.81
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.6% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.69%
F-Score5
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 7.28 | ||
| Debt/EBITDA | 7.87 | ||
| Cap/Depr | 6.09% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.43 |
F-Score5
WACC11.02%
ROIC/WACCN/A
Cap/Depr(3y)16.48%
Cap/Depr(5y)19.5%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%38.46%
EPS Next Y7.92%
EPS Next 2Y33.7%
EPS Next 3Y28.18%
EPS Next 5YN/A
Revenue 1Y (TTM)25.77%
Revenue growth 3Y25.89%
Revenue growth 5Y16.69%
Sales Q2Q%13.05%
Revenue Next Year10.4%
Revenue Next 2Y11.32%
Revenue Next 3Y11.95%
Revenue Next 5YN/A
EBIT growth 1Y80.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year868.22%
EBIT Next 3Y133.87%
EBIT Next 5YN/A
FCF growth 1Y-15.29%
FCF growth 3Y74.21%
FCF growth 5YN/A
OCF growth 1Y-16.82%
OCF growth 3Y57.11%
OCF growth 5Y107.68%
ABSOLUTE SOFTWARE CORPORATIO / ABST FAQ
Can you provide the ChartMill fundamental rating for ABSOLUTE SOFTWARE CORPORATIO?
ChartMill assigns a fundamental rating of 3 / 10 to ABST.
Can you provide the valuation status for ABSOLUTE SOFTWARE CORPORATIO?
ChartMill assigns a valuation rating of 3 / 10 to ABSOLUTE SOFTWARE CORPORATIO (ABST). This can be considered as Overvalued.
How profitable is ABSOLUTE SOFTWARE CORPORATIO (ABST) stock?
ABSOLUTE SOFTWARE CORPORATIO (ABST) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for ABST stock?
The Earnings per Share (EPS) of ABSOLUTE SOFTWARE CORPORATIO (ABST) is expected to grow by 7.92% in the next year.