| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
ABCA Stock Overview
ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets worldwide.
ABC arbitrage Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €7.18 |
| 52 Week High | €7.78 |
| 52 Week Low | €6.84 |
| Beta | 0.20 |
| 1 Month Change | -2.45% |
| 3 Month Change | 1.41% |
| 1 Year Change | 0.28% |
| 3 Year Change | 13.61% |
| 5 Year Change | 11.66% |
| Change since IPO | 10.80% |
Recent News & Updates
ABC arbitrage (EPA:ABCA) Has Affirmed Its Dividend Of €0.10
The board of ABC arbitrage SA ( EPA:ABCA ) has announced that it will pay a dividend on the 22nd of April, with...
ABC arbitrage (EPA:ABCA) Will Pay A Dividend Of €0.10
ABC arbitrage SA's ( EPA:ABCA ) investors are due to receive a payment of €0.10 per share on 22nd of April. The...
ABC arbitrage (EPA:ABCA) Has Affirmed Its Dividend Of €0.10
ABC arbitrage SA ( EPA:ABCA ) has announced that it will pay a dividend of €0.10 per share on the 9th of December. This...
Shareholder Returns
| ABCA | FR Diversified Financial | FR Market | |
|---|---|---|---|
| 7D | 0.8% | 3.4% | 3.7% |
| 1Y | 0.3% | -5.9% | -3.7% |
Return vs Industry: ABCA exceeded the French Diversified Financial industry which returned -8.3% over the past year.
Return vs Market: ABCA exceeded the French Market which returned -5.9% over the past year.
Price Volatility
| ABCA volatility | |
|---|---|
| ABCA Average Weekly Movement | 2.5% |
| Diversified Financial Industry Average Movement | 5.4% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in FR Market | 10.0% |
| 10% least volatile stocks in FR Market | 3.4% |
Stable Share Price: ABCA is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ABCA's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 88 | Dominique Ceolin | https://www.abc-arbitrage.com |
ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets worldwide. It develops liquidity, statistical, risk, and derivatives arbitrage strategies; and provides asset and portfolio management services. The company was incorporated in 1995 and is based in Paris, France.
ABC arbitrage Fundamentals Summary
| ABCA fundamental statistics | |
|---|---|
| Market Cap | €425.41m |
| Earnings (TTM) | €28.04m |
| Revenue (TTM) | €64.34m |
15.2x
P/E Ratio6.6x
P/S RatioIs ABCA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABCA income statement (TTM) | |
|---|---|
| Revenue | €64.34m |
| Cost of Revenue | €14.34m |
| Gross Profit | €50.00m |
| Other Expenses | €21.96m |
| Earnings | €28.04m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 77.71% |
| Net Profit Margin | 43.58% |
| Debt/Equity Ratio | 0% |
How did ABCA perform over the long term?
See historical performance and comparisonDividends
5.6%
Current Dividend Yield42%
Payout RatioValuation
Is ABC arbitrage undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
36.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ABCA (€7.18) is trading below our estimate of fair value (€11.25)
Significantly Below Fair Value: ABCA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ABCA is poor value based on its Price-To-Earnings Ratio (15.2x) compared to the French Diversified Financial industry average (7.4x).
PE vs Market: ABCA is good value based on its Price-To-Earnings Ratio (15.2x) compared to the French market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABCA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABCA is overvalued based on its Price-To-Book Ratio (2.7x) compared to the FR Diversified Financial industry average (0.9x).
Future Growth
How is ABC arbitrage forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-6.0%
Forecasted Diversified Financials 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 ABC arbitrage 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.
Past Performance
How has ABC arbitrage performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
7.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABCA has high quality earnings.
Growing Profit Margin: ABCA's current net profit margins (43.6%) are lower than last year (50.8%).
Past Earnings Growth Analysis
Earnings Trend: ABCA's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: ABCA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABCA had negative earnings growth (-20.1%) over the past year, making it difficult to compare to the Diversified Financial industry average (15.2%).
Return on Equity
High ROE: ABCA's Return on Equity (17.5%) is considered low.
Financial Health
How is ABC arbitrage's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ABCA's short term assets (€177.6M) exceed its short term liabilities (€20.9M).
Long Term Liabilities: ABCA's short term assets (€177.6M) exceed its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: ABCA is debt free.
Reducing Debt: ABCA had no debt 5 years ago.
Debt Coverage: ABCA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABCA has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ABC arbitrage current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
5.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABCA's dividend (5.57%) is higher than the bottom 25% of dividend payers in the French market (1.72%).
High Dividend: ABCA's dividend (5.57%) is in the top 25% of dividend payers in the French market (5.01%)
Stability and Growth of Payments
Stable Dividend: ABCA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABCA's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), ABCA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.6%), ABCA's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
16.3yrs
Average management tenure
CEO
Dominique Ceolin (53 yo)
27.33yrs
Tenure
€617,570
Compensation
Mr. Dominique Ceolin Co-founded ABC Arbitrage SA in 1995 and serves as its Chief Executive Officer and has been its Chairman of the Board since June 05, 2015. Mr. Ceolin serves as the Chairman of the Board...
CEO Compensation Analysis
Compensation vs Market: Dominique's total compensation ($USD661.63K) is above average for companies of similar size in the French market ($USD479.65K).
Compensation vs Earnings: Dominique's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ABCA's management team is seasoned and experienced (16.3 years average tenure).
Board Members
Experienced Board: ABCA's board of directors are seasoned and experienced ( 16.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ABC arbitrage SA's employee growth, exchange listings and data sources
Key Information
- Name: ABC arbitrage SA
- Ticker: ABCA
- Exchange: ENXTPA
- Founded: 1995
- Industry: Specialized Finance
- Sector: Diversified Financials
- Implied Market Cap: €425.406m
- Shares outstanding: 59.25m
- Website: https://www.abc-arbitrage.com
Number of Employees
Location
- ABC arbitrage SA
- 18, rue du Quatre Septembre
- Paris
- Ile-de-France
- 75002
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/27 00:00 |
| End of Day Share Price | 2022/05/27 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.