company background image

Absolute Software TSX:ABST Stock Report

Last Price


Market Cap







28 Jun, 2022


Company Financials +
ABST fundamental analysis
Snowflake Score
Future Growth1/6
Past Performance0/6
Financial Health0/6

ABST Stock Overview

Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations.

Absolute Software Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absolute Software
Historical stock prices
Current Share PriceCA$11.39
52 Week HighCA$18.13
52 Week LowCA$8.81
1 Month Change-4.37%
3 Month Change3.92%
1 Year Change-36.55%
3 Year Change42.02%
5 Year Change49.87%
Change since IPO325.79%

Recent News & Updates

Apr 28
Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08

Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08

Absolute Software Corporation ( TSE:ABST ) will pay a dividend of CA$0.08 on the 25th of May. Based on this payment...

Shareholder Returns

ABSTCA SoftwareCA Market

Return vs Industry: ABST underperformed the Canadian Software industry which returned -26.5% over the past year.

Return vs Market: ABST underperformed the Canadian Market which returned -2.6% over the past year.

Price Volatility

Is ABST's price volatile compared to industry and market?
ABST volatility
ABST Average Weekly Movement6.5%
Software Industry Average Movement12.8%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: ABST is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ABST's weekly volatility (6%) has been stable over the past year.

About the Company

1993530Christy Wyatt

Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations. The company offers the Absolute platform to provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools self-healing if the application becomes uninstalled or broken. It also provides customer support, professional services, investigation services, support and education, and customer programs.

Absolute Software Fundamentals Summary

How do Absolute Software's earnings and revenue compare to its market cap?
ABST fundamental statistics
Market CapUS$448.65m
Earnings (TTM)-US$22.15m
Revenue (TTM)US$176.56m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABST income statement (TTM)
Cost of RevenueUS$31.51m
Gross ProfitUS$145.06m
Other ExpensesUS$167.21m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)-0.43
Gross Margin82.16%
Net Profit Margin-12.55%
Debt/Equity Ratio3,305.7%

How did ABST perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is ABST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABST?

Other financial metrics that can be useful for relative valuation.

ABST key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.7x
Enterprise Value/EBITDA204.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ABST's PS Ratio compare to its peers?

ABST PS Ratio vs Peers
The above table shows the PS ratio for ABST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average37.2x
TCS Tecsys
SYZ Sylogist
QIS Quorum Information Technologies
NBVA Nubeva Technologies
ABST Absolute Software

Price-To-Sales vs Peers: ABST is good value based on its Price-To-Sales Ratio (2.6x) compared to the peer average (37.2x).

Price to Earnings Ratio vs Industry

How does ABST's PE Ratio compare vs other companies in the CA Software Industry?

Price-To-Sales vs Industry: ABST is good value based on its Price-To-Sales Ratio (2.6x) compared to the Canadian Software industry average (3.9x)

Price to Sales Ratio vs Fair Ratio

What is ABST's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABST PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.6x
Fair PS Ratio4.1x

Price-To-Sales vs Fair Ratio: ABST is good value based on its Price-To-Sales Ratio (2.6x) compared to the estimated Fair Price-To-Sales Ratio (4.1x).

Share Price vs Fair Value

What is the Fair Price of ABST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ABST (CA$11.39) is trading below our estimate of fair value (CA$24.89)

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

Price to Earnings Growth Ratio

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

Discover undervalued companies

Future Growth

How is Absolute Software forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score


Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABST is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ABST is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ABST is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ABST's revenue (14.1% per year) is forecast to grow faster than the Canadian market (7% per year).

High Growth Revenue: ABST's revenue (14.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ABST's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Past Performance

How has Absolute Software performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ABST is currently unprofitable.

Growing Profit Margin: ABST is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ABST is unprofitable, and losses have increased over the past 5 years at a rate of 6.4% per year.

Accelerating Growth: Unable to compare ABST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABST is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.6%).

Return on Equity

High ROE: ABST has a negative Return on Equity (-275.03%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is Absolute Software's financial position?

Financial Health Score


Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ABST's short term assets ($128.0M) do not cover its short term liabilities ($167.6M).

Long Term Liabilities: ABST's short term assets ($128.0M) do not cover its long term liabilities ($367.8M).

Debt to Equity History and Analysis

Debt Level: ABST's net debt to equity ratio (2448.2%) is considered high.

Reducing Debt: Insufficient data to determine if ABST's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ABST's debt is not well covered by operating cash flow (16%).

Interest Coverage: Insufficient data to determine if ABST's interest payments on its debt are well covered by EBIT.

Balance Sheet

Discover healthy companies


What is Absolute Software current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ABST's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Canadian market (1.99%).

High Dividend: ABST's dividend (2.77%) is low compared to the top 25% of dividend payers in the Canadian market (5.27%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ABST has been paying a dividend for less than 10 years.

Growing Dividend: ABST's dividend payments have increased, but the company has only paid a dividend for 9 years.

Earnings Payout to Shareholders

Earnings Coverage: ABST is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30%), ABST's dividend payments are well covered by cash flows.

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Christy Wyatt (49 yo)





Ms. Christy Wyatt serves as Chief Executive Officer of Absolute Software Corporation and Absolute Software, Inc. since November 26, 2018. Ms. Wyatt has been the President of Absolute Software Corporation s...

CEO Compensation Analysis

Compensation vs Market: Christy's total compensation ($USD1.91M) is above average for companies of similar size in the Canadian market ($USD1.20M).

Compensation vs Earnings: Christy's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: ABST's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Experienced Board: ABST's board of directors are considered experienced (3.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: ABST insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.

Top Shareholders

Company Information

Absolute Software Corporation's employee growth, exchange listings and data sources

Key Information

  • Name: Absolute Software Corporation
  • Ticker: ABST
  • Exchange: TSX
  • Founded: 1993
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: CA$578.319m
  • Shares outstanding: 51.04m
  • Website:

Number of Employees


  • Absolute Software Corporation
  • Four Bentall Centre
  • Suite 1400
  • Vancouver
  • British Columbia
  • V7X 1K8
  • Canada


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Annual Earnings2021/06/30

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.