AIM:ABAL

Stock Analysis Report

Executive Summary

Abal Group plc, together with its subsidiaries, provides collaborative innovation software and related professional services to various large and medium sized enterprises in the United States and internationally.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Abal Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ABAL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ABAL

9.4%

GB Software

6.2%

GB Market


1 Year Return

-51.4%

ABAL

-19.1%

GB Software

-22.7%

GB Market

Return vs Industry: ABAL underperformed the UK Software industry which returned 24.8% over the past year.

Return vs Market: ABAL underperformed the UK Market which returned 12.7% over the past year.


Shareholder returns

ABALIndustryMarket
7 Day0%9.4%6.2%
30 Day0%-16.4%-17.8%
90 Day0%-23.9%-27.7%
1 Year-51.4%-51.4%-13.8%-19.1%-18.6%-22.7%
3 Year-94.3%-94.3%-13.0%-26.9%-13.4%-24.6%
5 Year-97.5%-97.5%16.9%-4.2%1.3%-22.0%

Price Volatility Vs. Market

How volatile is Abal Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Abal Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Abal Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Abal Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of ABAL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Abal Group regulatory filings.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Abal Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.5%

Forecasted Software 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 Abal Group 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.


Next Steps

Past Performance

How has Abal Group performed over the past 5 years?

-44.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ABAL is currently unprofitable.

Growing Profit Margin: ABAL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ABAL's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: ABAL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: ABAL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Abal Group's financial position?


Financial Position Analysis

Short Term Liabilities: ABAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ABAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ABAL is debt free.

Reducing Debt: ABAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: ABAL has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ABAL's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if ABAL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ABAL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Abal Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ABAL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABAL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABAL's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Abal Group has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Shawn Taylor
Chief Financial Officer0.83yrUK£169.00k0.084% £724.0
Simon Charles
Chairman0.75yrUK£26.00k0.31% £2.7k
John Treacy
Non-Executive Director1yrno datano data

0.8yrs

Average Tenure

49yo

Average Age

Experienced Board: ABAL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 47%.


Top Shareholders

Company Information

Abal Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Abal Group plc
  • Ticker: ABAL
  • Exchange: AIM
  • Founded: 1994
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: UK£859.301k
  • Shares outstanding: 101.09m
  • Website: https://www.abalplc.com

Number of Employees


Location

  • Abal Group plc
  • 27/28 Eastcastle Street
  • London
  • Greater London
  • W1W 8DH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABALAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2006

Biography

Abal Group plc, together with its subsidiaries, provides collaborative innovation software and related professional services to various large and medium sized enterprises in the United States and internationally. The company operates through Technology and Consultancy segments. It offers Innovation Central, a Web-based ideation management and analytics software; and consulting services, as well as licenses intellectual property. The company was formerly known as Imaginatik plc and changed its name to Abal Group plc in February 2019. Abal Group plc was founded in 1994 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/03 20:56
End of Day Share Price2019/08/06 00:00
Earnings2018/09/30
Annual Earnings2018/03/31


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.