This company has been acquired
ABST Stock Overview
Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
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Absolute Software Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$15.14 |
| 52 Week High | CA$17.20 |
| 52 Week Low | CA$10.07 |
| Beta | 0.36 |
| 1 Month Change | 1.34% |
| 3 Month Change | 43.24% |
| 1 Year Change | 30.07% |
| 3 Year Change | -2.13% |
| 5 Year Change | 104.59% |
| Change since IPO | 465.98% |
Recent News & Updates
Recent updates
An Intrinsic Calculation For Absolute Software Corporation (TSE:ABST) Suggests It's 21% Undervalued
Apr 22
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Feb 01Is There An Opportunity With Absolute Software Corporation's (TSE:ABST) 47% Undervaluation?
Jan 04Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Nov 08Absolute Software's (TSE:ABST) Dividend Will Be $0.08
Oct 23Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08
Jul 24Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08
Apr 28Is Absolute Software (TSE:ABST) Using Debt Sensibly?
Mar 23Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08
Jan 24Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now
Dec 08Is Absolute Software (TSE:ABST) Using Debt Sensibly?
Nov 13Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08
Aug 06Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08
Jul 23Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)
May 27Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?
Apr 28Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?
Apr 13Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?
Mar 20How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?
Mar 08Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate
Feb 24Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?
Feb 11
Shareholder Returns
| ABST | CA Software | CA Market | |
|---|---|---|---|
| 7D | 0.3% | -0.4% | -0.8% |
| 1Y | 30.1% | 26.8% | 16.7% |
Return vs Industry: ABST underperformed the Canadian Software industry which returned 39.2% over the past year.
Return vs Market: ABST exceeded the Canadian Market which returned 20.8% over the past year.
Price Volatility
| ABST volatility | |
|---|---|
| ABST Average Weekly Movement | 9.8% |
| Software Industry Average Movement | 10.8% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: ABST has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: ABST's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | n/a | Christy Wyatt | www.absolute.com |
Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company’s Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers.
Absolute Software Corporation Fundamentals Summary
| ABST fundamental statistics | |
|---|---|
| Market cap | CA$803.32m |
| Earnings (TTM) | -CA$34.05m |
| Revenue (TTM) | CA$293.16m |
2.7x
P/S Ratio-23.6x
P/E RatioIs ABST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABST income statement (TTM) | |
|---|---|
| Revenue | US$222.06m |
| Cost of Revenue | US$40.86m |
| Gross Profit | US$181.20m |
| Other Expenses | US$206.99m |
| Earnings | -US$25.79m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.49 |
| Gross Margin | 81.60% |
| Net Profit Margin | -11.62% |
| Debt/Equity Ratio | -2,194.2% |
How did ABST perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield-47%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/27 12:55 |
| End of Day Share Price | 2023/07/26 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Absolute Software Corporation is covered by 22 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Thomas Walkley | Canaccord Genuity |
| Ralph Garcea | Cantor Fitzgerald Canada Corporation |