Absolute Software Corp
TSX:ABST
Intrinsic Value
Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. [ Read More ]
The intrinsic value of one
ABST
stock under the Base Case scenario is
14.72
CAD.
Compared to the current market price of 15.2 CAD,
Absolute Software Corp
is
Overvalued by 3%.
Absolute Software Corp's market capitalization is 806.5m CAD.
ABST stock price is 15.2 CAD.
ABST stock (14.72 CAD) is 3% less than its price (15.2 CAD).
ABST stock price (15.2 CAD) is 46% less than its Relative Value (28.24 CAD). Open Relative Valuation
ABST has upside potential of 23% compared to the average analyst price target.
Open Wall St Estimates
ABST's long-term liabilties (540m USD) exceed its long-term assets (528m USD).
ABST's Revenue has grown by an exceptional 26% over the past 12 months.
ABST's Revenue is forecast to grow at a rate of 15% per year over the next 3 years.
ABST has negative Operating Income for the last twelve months.
ABST's ROIC (Return on Invested Capital) for the past 12 months is negative and is equal to -1%.
ABST has positive three-year average ROIC (Return on Invested Capital): 5%. The company is efficient at using invested capital to generate operating income.
ABST's ROIC (Return on Invested Capital) has significantly decreased in the last 3 years from 13% to -1%.
ABST has negative Net Income for the last twelve months.
ABST's ROE (Return on Equity) has significantly increased in the last 3 years from -98% to 1 363%.
ABST's Revenue has been growing by an exceptional 29% per year for the last 3 years.
ABST's short-term liabilties (176m USD) exceed its short-term assets (114m USD).
ABST's ROE (Return on Equity) for the past 12 months is very high and is equal to 1 363%.
ABST has positive Gross Profit for the last twelve months.
ABST has positive Free Cash Flow for the last twelve months.
ABST has positive Net Debt. This means that the company has more debt (263m USD) than cash and short-term investments (50m USD).
ABST has negative three-year average ROE (Return on Equity): -46%. The company is not efficient at transforming stockholders' equity into net income.
ABST's D/E (Debt to Equity) is very low and is equal to -22.18.
ABST's Altman Z-Score is very low and is equal to 0.26.
ABST doesn't generate enough operating income (-3m USD) to safely cover interest payments on its debt (24m USD).
Valuation Backtest
Absolute Software Corp
Run backtest to discover the historical profit from buying and selling
ABST
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Absolute Software Corp
Balance Sheet Decomposition
Absolute Software Corp
| Current Assets | 114.3m |
| Cash & Short-Term Investments | 50.2m |
| Receivables | 43.7m |
| Other Current Assets | 20.4m |
| Non-Current Assets | 413.7m |
| PP&E | 11.4m |
| Intangibles | 350m |
| Other Non-Current Assets | 52.3m |
| Current Liabilities | 176.4m |
| Accounts Payable | 8m |
| Accrued Liabilities | 13m |
| Other Current Liabilities | 155.4m |
| Non-Current Liabilities | 363.5m |
| Long-Term Debt | 262.6m |
| Other Non-Current Liabilities | 100.9m |
Earnings Waterfall
Absolute Software Corp
|
Revenue
|
222.1m
USD
|
|
Cost of Revenue
|
-40.9m
USD
|
|
Gross Profit
|
181.2m
USD
|
|
Operating Expenses
|
-184m
USD
|
|
Operating Income
|
-2.8m
USD
|
|
Other Expenses
|
-23m
USD
|
|
Net Income
|
-25.8m
USD
|
Free Cash Flow Analysis
Absolute Software Corp
What is Free Cash Flow?
ABST Profitability Score
Profitability Due Diligence
Absolute Software Corp's profitability score is 53/100. The higher the profitability score, the more profitable the company is.
Score
Absolute Software Corp's profitability score is 53/100. The higher the profitability score, the more profitable the company is.
ABST Solvency Score
Solvency Due Diligence
Absolute Software Corp's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Score
Absolute Software Corp's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ABST Price Targets Summary
Absolute Software Corp
According to Wall Street analysts, the average 1-year price target for
ABST
is 18.72 CAD
.
Shareholder Return
ABST Price
Absolute Software Corp
| Average Annual Return | 18.96% |
| Standard Deviation of Annual Returns | 52.29% |
| Max Drawdown | -55% |
| Market Capitalization | 806.5m CAD |
| Shares Outstanding | 52 795 073 |
| Percentage of Shares Shorted | 1.38% |
Company Profile
Absolute Software Corp
Country
Industry
Market Cap
Dividend Yield
Description
Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. The company is headquartered in Vancouver, British Columbia and currently employs 535 full-time employees. The company went IPO on 2000-03-28. The firm is engaged in the development, marketing, and provision of software services that support the management and security of computing devices, applications, data, and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows users to see all their devices and applications, secure their data, and prove compliance. Its solutions are offered in specific versions for the enterprise and government, and education verticals. Its products include Absolute Visibility, Absolute Control and Absolute Resilience. Its NetMotion offers a network-centric security platform, combining enterprise virtual private network (VPN), Zero-Trust Network Access (ZTNA), and Digital Experience Monitoring (DEM) on a unified platform for enterprises with a distributed workforce.
Contact
IPO
Employees
Officers
The intrinsic value of one
ABST
stock under the Base Case scenario is
14.72
CAD.
Compared to the current market price of 15.2 CAD,
Absolute Software Corp
is
Overvalued by 3%.
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