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ABST

Absolute Software TSX:ABST Stock Report

Last Price

CA$13.03

Market Cap

CA$680.0m

7D

-4.1%

1Y

17.5%

Updated

30 Nov, 2022

Data

Company Financials +
ABST fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends4/6

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.

Absolute Software Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absolute Software
Historical stock prices
Current Share PriceCA$13.03
52 Week HighCA$17.20
52 Week LowCA$8.81
Beta0.65
1 Month Change-20.36%
3 Month Change-8.50%
1 Year Change17.49%
3 Year Change54.94%
5 Year Change96.24%
Change since IPO387.10%

Recent News & Updates

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Nov 08
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Recent updates

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Nov 08
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

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

Oct 23
Absolute Software's (TSE:ABST) Dividend Will Be $0.08

Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08

Jul 24
Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08

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

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

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Mar 23
Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08

Jan 24
Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08

Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now

Dec 08
Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Nov 13
Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08

Aug 06
Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08

Jul 23
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08

Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)

May 27
Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)

Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?

Apr 28
Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?

Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?

Apr 13
Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?

Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?

Mar 20
Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?

How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

Mar 08
How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate

Feb 24
Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate

Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?

Feb 11
Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?

Should You Review Recent Insider Transactions At Absolute Software Corporation (TSE:ABST)?

Jan 25
Should You Review Recent Insider Transactions At Absolute Software Corporation (TSE:ABST)?

Should Absolute Software Corporation (TSE:ABST) Be Part Of Your Dividend Portfolio?

Jan 07
Should Absolute Software Corporation (TSE:ABST) Be Part Of Your Dividend Portfolio?

Is Absolute Software Corporation (TSE:ABST) Potentially Undervalued?

Dec 23
Is Absolute Software Corporation (TSE:ABST) Potentially Undervalued?

How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

Dec 08
How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

Is Absolute Software Corporation (TSE:ABST) Trading At A 40% Discount?

Nov 23
Is Absolute Software Corporation (TSE:ABST) Trading At A 40% Discount?

Shareholder Returns

ABSTCA SoftwareCA Market
7D-4.1%3.6%0.7%
1Y17.5%-27.5%1.8%

Return vs Industry: ABST exceeded the Canadian Software industry which returned -32.2% over the past year.

Return vs Market: ABST exceeded the Canadian Market which returned 0% over the past year.

Price Volatility

Is ABST's price volatile compared to industry and market?
ABST volatility
ABST Average Weekly Movement7.4%
Software Industry Average Movement9.7%
Market Average Movement9.8%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market4.2%

Stable Share Price: ABST is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ABST's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993530Christy Wyatthttps://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

How do Absolute Software's earnings and revenue compare to its market cap?
ABST fundamental statistics
Market CapCA$679.98m
Earnings (TTM)-CA$35.74m
Revenue (TTM)CA$280.37m

2.4x

P/S Ratio

-19.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABST income statement (TTM)
RevenueUS$207.13m
Cost of RevenueUS$38.55m
Gross ProfitUS$168.57m
Other ExpensesUS$194.98m
Earnings-US$26.40m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.51
Gross Margin81.39%
Net Profit Margin-12.75%
Debt/Equity Ratio-6,117.8%

How did ABST perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

-47%

Payout Ratio