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
|Historical stock prices|
|Current Share Price||CA$11.39|
|52 Week High||CA$18.13|
|52 Week Low||CA$8.81|
|1 Month Change||-4.37%|
|3 Month Change||3.92%|
|1 Year Change||-36.55%|
|3 Year Change||42.02%|
|5 Year Change||49.87%|
|Change since IPO||325.79%|
Recent News & Updates
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...
|ABST||CA Software||CA 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.
|ABST Average Weekly Movement||6.5%|
|Software Industry Average Movement||12.8%|
|Market Average Movement||10.0%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||4.4%|
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
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
|ABST fundamental statistics|
Is ABST overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABST income statement (TTM)|
|Cost of Revenue||US$31.51m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.43|
|Net Profit Margin||-12.55%|
How did ABST perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is ABST undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is ABST's n/a Ratio?|
Price to Sales Ratio vs Peers
How does ABST's PS Ratio compare to its peers?
|ABST PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
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.
|Current PS Ratio||2.6x|
|Fair PS Ratio||4.1x|
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
How is Absolute Software forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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
How has Absolute Software performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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
How is Absolute Software's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
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 ($367.8M).
Debt to Equity History and Analysis
Debt Level: ABST's net debt to equity ratio (2448.2%) is considered high.
Reducing Debt: Insufficient data to determine if ABST's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ABST's debt is not well covered by operating cash flow (16%).
Interest Coverage: Insufficient data to determine if ABST's interest payments on its debt are well covered by EBIT.
Discover healthy companies
What is Absolute Software current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABST's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Canadian market (1.99%).
High Dividend: ABST's dividend (2.77%) is low compared to the top 25% of dividend payers in the Canadian market (5.27%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ABST has been paying a dividend for less than 10 years.
Growing Dividend: ABST's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: ABST is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30%), ABST's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christy Wyatt (49 yo)
Ms. Christy Wyatt serves as Chief Executive Officer of Absolute Software Corporation and Absolute Software, Inc. since November 26, 2018. Ms. Wyatt has been the President of Absolute Software Corporation s...
CEO Compensation Analysis
Compensation vs Market: Christy's total compensation ($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.
Experienced Management: ABST's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Absolute Software Corporation's employee growth, exchange listings and data sources
- 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: https://www.absolute.com
Number of Employees
- Absolute Software Corporation
- Four Bentall Centre
- Suite 1400
- British Columbia
- V7X 1K8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/28 00:00|
|End of Day Share Price||2022/06/28 00:00|
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.