ENXTBR:ABO

Stock Analysis Report

Executive Summary

ABO-Group Environment NV provides integrated consulting and testing services in the areas of soil, environment, geotechnics, energy, and waste.

Rewards

Trading at 54.9% below its fair value

Earnings grew by 22.8% over the past year

Risk Analysis

Has a high level of debt

Does not have a meaningful market cap (€26M)



Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has ABO-Group Environment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ABO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.7%

ABO

1.2%

BE Commercial Services

0.6%

BE Market


1 Year Return

17.9%

ABO

16.6%

BE Commercial Services

14.6%

BE Market

Return vs Industry: ABO exceeded the Belgian Commercial Services industry which returned 16.6% over the past year.

Return vs Market: ABO exceeded the Belgian Market which returned 14.6% over the past year.


Shareholder returns

ABOIndustryMarket
7 Day8.7%1.2%0.6%
30 Day0%2.4%0.2%
90 Day21.4%6.2%-3.5%
1 Year17.9%17.9%20.2%16.6%16.9%14.6%
3 Year29.5%29.5%15.7%5.4%0.02%-6.6%
5 Year-57.6%-57.6%39.7%18.3%21.0%6.8%

Price Volatility Vs. Market

How volatile is ABO-Group Environment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ABO-Group Environment undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ABO (€2.5) is trading below our estimate of fair value (€5.54)

Significantly Below Fair Value: ABO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ABO is poor value based on its PE Ratio (34x) compared to the Commercial Services industry average (17.3x).

PE vs Market: ABO is poor value based on its PE Ratio (34x) compared to the Belgian market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ABO is overvalued based on its PB Ratio (1.8x) compared to the XE Commercial Services industry average (1.6x).


Next Steps

Future Growth

How is ABO-Group Environment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ABO-Group Environment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has ABO-Group Environment performed over the past 5 years?

26.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABO has high quality earnings.

Growing Profit Margin: ABO's current net profit margins (1.7%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: ABO's earnings have grown significantly by 26% per year over the past 5 years.

Accelerating Growth: ABO's earnings growth over the past year (22.8%) is below its 5-year average (26% per year).

Earnings vs Industry: ABO earnings growth over the past year (22.8%) exceeded the Commercial Services industry 5.9%.


Return on Equity

High ROE: ABO's Return on Equity (5.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ABO-Group Environment's financial position?


Financial Position Analysis

Short Term Liabilities: ABO's short term assets (€23.9M) exceed its short term liabilities (€22.2M).

Long Term Liabilities: ABO's short term assets (€23.9M) exceed its long term liabilities (€11.4M).


Debt to Equity History and Analysis

Debt Level: ABO's debt to equity ratio (113.7%) is considered high.

Reducing Debt: ABO's debt to equity ratio has increased from 57.2% to 113.7% over the past 5 years.

Debt Coverage: ABO's debt is well covered by operating cash flow (21.6%).

Interest Coverage: ABO's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet

Inventory Level: ABO has a high level of physical assets or inventory.

Debt Coverage by Assets: ABO's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is ABO-Group Environment's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%4.5%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ABO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ABO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABO's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

What is the CEO of ABO-Group Environment's salary, the management and board of directors tenure and is there insider trading?

€227k

CEO Compensation


CEO

Frank De Palmenaer 0

0yrs

Tenure

€227,000

Compensation

Mr. Frank De Palmenaer is the Chief Executive Officer of ABO NV. Mr. De Palmenaer serves as Chief Executive Officer and Executive Director of ABO-Group Environment NV. He studied from Universiteit Gent. 


CEO Compensation Analysis

Compensation vs Market: Frank's total compensation ($USD251.33K) is below average for companies of similar size in the Belgian market ($USD393.66K).

Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Frank De Palmenaer

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: €227.00k

Board Members

  • Paul Decraemer

    Independent Director

    • Tenure: 0yrs
    • Compensation: €11.67k
  • Frank De Palmenaer

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: €227.00k
  • Jan Gesquière (58yo)

    Non-Executive Independent Director

    • Tenure: 0yrs
    • Compensation: €22.67k

Company Information

ABO-Group Environment NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ABO-Group Environment NV
  • Ticker: ABO
  • Exchange: ENXTBR
  • Founded:
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: €26.422m
  • Shares outstanding: 10.57m
  • Website: https://www.abo-group.eu

Number of Employees


Location

  • ABO-Group Environment NV
  • Derbystraat 55
  • Blok A
  • Ghent
  • East Flanders
  • 9051
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABOENXTBR (Euronext Brussels)YesCommon SharesBEEURAug 2012
ABOBBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURAug 2012
0QXALSE (London Stock Exchange)YesCommon SharesGBEURAug 2012

Biography

ABO-Group Environment NV provides integrated consulting and testing services in the areas of soil, environment, geotechnics, energy, and waste. The company offers soil pollution study and remediation desig ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 20:57
End of Day Share Price2019/12/09 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.