ABSOLUTE SOFTWARE CORPORATIO (ABST) Fundamental Analysis & Valuation

NASDAQ:ABST • CA00386B1094

Current stock price

11.49 USD
-0.01 (-0.09%)
At close:
11.49 USD
0 (0%)
After Hours:

This ABST fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. ABST Profitability Analysis

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 Yearly Net Income VS EBIT VS OCF VS FCFABST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 20M -20M 40M

1.2 Ratios

  • ABST has negative profitability rations, so we won't be analyzing them here.
Industry RankSector 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
ABST Yearly ROA, ROE, ROICABST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 -200 -400 -600

1.3 Margins

  • ABST has a better Gross Margin (81.60%) than 87.19% of its industry peers.
  • 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 RankSector 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%
ABST Yearly Profit, Operating, Gross MarginsABST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. ABST Health Analysis

2.1 Basic Checks

  • ABST does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, ABST has more shares outstanding
  • ABST has a worse debt/assets ratio than last year.
ABST Yearly Shares OutstandingABST Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M 50M
ABST Yearly Total Debt VS Total AssetsABST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M 500M

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.
  • ABST has a Altman-Z score of 0.43. This is in the lower half of the industry: ABST underperforms 69.04% of its industry peers.
  • ABST has a debt to FCF ratio of 7.28. This is a slightly negative value and a sign of low solvency as ABST would need 7.28 years to pay back of all of its debts.
  • The Debt to FCF ratio of ABST (7.28) is better than 63.70% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 7.28
Altman-Z 0.43
ROIC/WACCN/A
WACC11.02%
ABST Yearly LT Debt VS Equity VS FCFABST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 100M 200M

2.3 Liquidity

  • A Current Ratio of 0.65 indicates that ABST may have some problems paying its short term obligations.
  • ABST has a Current ratio of 0.65. This is amonst the worse of the industry: ABST underperforms 90.04% of its industry peers.
  • A Quick Ratio of 0.65 indicates that ABST may have some problems paying its short term obligations.
  • ABST has a worse Quick ratio (0.65) than 89.68% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.65
ABST Yearly Current Assets VS Current LiabilitesABST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. ABST Growth Analysis

3.1 Past

  • ABST shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.36%.
  • ABST shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.77%.
  • ABST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.69% yearly.
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.
  • ABST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.95% yearly.
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

  • 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.
ABST Yearly Revenue VS EstimatesABST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
ABST Yearly EPS VS EstimatesABST Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0.2 -0.2 -0.4

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Find the best growth stocksShow best growing peers

3

4. ABST Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for ABST. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ABST. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ABST Price Earnings VS Forward Price EarningsABST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

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.
  • Based on the Price/Free Cash Flow ratio, ABST is valued cheaper than 92.17% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.58
EV/EBITDA 24.29
ABST Per share dataABST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4 -6

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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ABST Dividend Analysis

5.1 Amount

  • No dividends for ABST!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

ABST Fundamentals: All Metrics, Ratios and Statistics

ABSOLUTE SOFTWARE CORPORATIO

NASDAQ:ABST (7/26/2023, 8:09:16 PM)

After market: 11.49 0 (0%)

11.49

-0.01 (-0.09%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)05-15
Earnings (Next)08-21
Inst Owners66.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap610.35M
Revenue(TTM)222.06M
Net Income(TTM)-25.79M
Analysts81.82
Price Target10.67 (-7.14%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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 RankSector 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 RankSector 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 RankSector 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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for ABSOLUTE SOFTWARE CORPORATIO?

ChartMill assigns a fundamental rating of 3 / 10 to ABST.


What is the valuation status of ABSOLUTE SOFTWARE CORPORATIO (ABST) stock?

ChartMill assigns a valuation rating of 3 / 10 to ABSOLUTE SOFTWARE CORPORATIO (ABST). This can be considered as Overvalued.


Can you provide the profitability details for ABSOLUTE SOFTWARE CORPORATIO?

ABSOLUTE SOFTWARE CORPORATIO (ABST) has a profitability rating of 3 / 10.


How sustainable is the dividend of ABSOLUTE SOFTWARE CORPORATIO (ABST) stock?

The dividend rating of ABSOLUTE SOFTWARE CORPORATIO (ABST) is 4 / 10 and the dividend payout ratio is -48.46%.