ABL Group (OB:ABL) - Stock Price, News & Analysis

ABL Stock Overview

An investment holding company, provides energy, and marine and engineering consultancy services to renewables, maritime, and oil and gas industries worldwide.

About the company

ABL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 61.3% below our estimate of its fair value

Earnings are forecast to grow 40.34% per year

Earnings grew by 140.3% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Dividend of 7.59% is not well covered by earnings

ABL Group ASA Competitors

NorAm Drilling

OB:NORAM

NOK 1.6b

Eidesvik Offshore

OB:EIOF

NOK 1.3b

Beerenberg

OB:BBERG

NOK 1.0b

S.D. Standard ETC

OB:SDSD

NOK 949.3m

Price History & Performance

Summary of all time highs, changes and price drops for ABL Group
Historical stock prices
Current Share Price	NOK 10.00
52 Week High	NOK 16.75
52 Week Low	NOK 9.90
Beta	1.34
11 Month Change	-20.63%
3 Month Change	-19.35%
1 Year Change	-39.02%
33 Year Change	10.38%
5 Year Change	170.27%
Change since IPO	-6.54%

kr12.84: That's What Analysts Think ABL Group ASA (OB:ABL) Is Worth After Its Latest Results

Aug 25

Returns Are Gaining Momentum At ABL Group (OB:ABL)

Aug 23

ABL Group (OB:ABL) Will Pay A Larger Dividend Than Last Year At $0.40

May 30

Recent updates

kr12.84: That's What Analysts Think ABL Group ASA (OB:ABL) Is Worth After Its Latest Results

Aug 25

Returns Are Gaining Momentum At ABL Group (OB:ABL)

Aug 23

ABL Group (OB:ABL) Will Pay A Larger Dividend Than Last Year At $0.40

May 30

ABL Group ASA Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next

Apr 29

Earnings Miss: ABL Group ASA Missed EPS By 41% And Analysts Are Revising Their Forecasts

Mar 03

ABL Group (OB:ABL) Has A Rock Solid Balance Sheet

Feb 02

AqualisBraemar LOC's (OB:AQUA) Upcoming Dividend Will Be Larger Than Last Year's

Oct 31

Is There More Growth In Store For AqualisBraemar LOC's (OB:AQUA) Returns On Capital?

Mar 21

These 4 Measures Indicate That AqualisBraemar LOC (OB:AQUA) Is Using Debt Safely

Mar 03

Is AqualisBraemar LOC ASA (OB:AQUA) A Smart Pick For Income Investors?

Feb 14

We're Not So Sure You Should Rely on AqualisBraemar LOC's (OB:AQUA) Statutory Earnings

Jan 26

Have Insiders Sold AqualisBraemar LOC ASA (OB:AQUA) Shares Recently?

Jan 09

Has AqualisBraemar LOC ASA's (OB:AQUA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Jan 05

Should You Take Comfort From Insider Transactions At AqualisBraemar ASA (OB:AQUA)?

Dec 03

Shareholder Returns

	ABL	NO Energy Services	NO Market
7D	-14.9%	0.3%	-0.9%
1Y	-39.0%	19.1%	6.3%

Return vs Industry: ABL underperformed the Norwegian Energy Services industry which returned 19.1% over the past year.

Return vs Market: ABL underperformed the Norwegian Market which returned 6.3% over the past year.

Price Volatility

Is ABL's price volatile compared to industry and market?
ABL volatility
ABL Average Weekly Movement	6.0%
Energy Services Industry Average Movement	5.5%
Market Average Movement	4.8%
10% most volatile stocks in NO Market	10.3%
10% least volatile stocks in NO Market	2.6%

Stable Share Price: ABL's share price has been volatile over the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
2014	1,607	Reuben Segal	abl-group.com

ABL Group ASA, an investment holding company, provides energy, and marine and engineering consultancy services to renewables, maritime, and oil and gas industries worldwide. It offers technical and due diligence; owner’s engineering; project development; geotechnical and geophysical; HSEQ and risk consulting; marine operations and engineering; marine design, upgrade, and conversion; site investigations; clean shipping; engineering and design, jack-up and installation vessel support; advanced analysis and simulation; digital; subsea cables; and client reps and secondment services. The company provides asset management, maintenance, inventory, and data optimization solutions; marine surveys, inspections, and audits, including vessel and marine assurance, rig inspections, industry standard audit, vessel condition surveys, pre-purchase survey, and dynamic positioning, as well as marine warranty survey services.

ABL Group ASA Fundamentals Summary

How do ABL Group's earnings and revenue compare to its market cap?
ABL fundamental statistics
Market cap	NOK 1.30b
Earnings (TTM)	NOK 88.72m
Revenue (TTM)	NOK 2.88b

14.6x

P/E Ratio

0.5x

P/S Ratio

Is ABL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABL income statement (TTM)
Revenue	US$275.60m
Cost of Revenue	US$0
Gross Profit	US$275.60m
Other Expenses	US$267.12m
Earnings	US$8.48m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 31, 2024

Earnings per share (EPS)	0.065
Gross Margin	100.00%
Net Profit Margin	3.08%
Debt/Equity Ratio	17.9%

How did ABL perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

104%

Payout Ratio

ABL Stock Overview

Rewards

Risk Analysis

ABL Group ASA Competitors

OB:NORAM

NOK 1.6b

OB:EIOF

NOK 1.3b

OB:BBERG

NOK 1.0b

OB:SDSD

NOK 949.3m

Price History & Performance

Recent News & Updates

kr12.84: That's What Analysts Think ABL Group ASA (OB:ABL) Is Worth After Its Latest Results

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.023 in 2Q 2023)

Returns Are Gaining Momentum At ABL Group (OB:ABL)

ABL Group ASA (OB:ABL) completed the acquisition of Ross Offshore AS from Moreld AS.

ABL Group (OB:ABL) Will Pay A Larger Dividend Than Last Year At $0.40

Upcoming dividend of kr0.40 per share

Recent updates

kr12.84: That's What Analysts Think ABL Group ASA (OB:ABL) Is Worth After Its Latest Results

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.023 in 2Q 2023)

Returns Are Gaining Momentum At ABL Group (OB:ABL)

ABL Group ASA (OB:ABL) completed the acquisition of Ross Offshore AS from Moreld AS.

ABL Group (OB:ABL) Will Pay A Larger Dividend Than Last Year At $0.40

Upcoming dividend of kr0.40 per share

ABL Group ASA (OB:ABL) agreed to acquire Ross Offshore AS from Moreld AS for transaction valued at NOK 100 million.

ABL Group ASA Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next

Full year 2023 earnings: EPS misses analyst expectations

ABL Group's (OB:ABL) Dividend Will Be Increased To $0.40

Consensus EPS estimates fall by 29%

Final dividend of kr0.40 announced

ABL Group Asa Proposes Dividend, Payable on or About 17 June 2024

Full year 2023 earnings: EPS misses analyst expectations

Now 20% undervalued after recent price drop

Is There An Opportunity With ABL Group ASA's (OB:ABL) 40% Undervaluation?

ABL Group ASA to Report Fiscal Year 2023 Results on Apr 25, 2024

ABL Group ASA to Report Q4, 2023 Results on Feb 22, 2024

Third quarter 2023 earnings released: EPS: US$0.045 (vs US$0.02 in 3Q 2022)

ABL Group Asa Declares Dividend, Payable on or About 20 November 2023

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 24%

Second quarter 2023 earnings released: EPS: US$0.023 (vs US$0.022 in 2Q 2022)

Consensus EPS estimates fall by 11%

ABL Group ASA Approves Dividend, Payable on or About 15 June 2023

Upcoming dividend of kr0.35 per share at 4.6% yield

ABL Group (OB:ABL) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings: EPS misses analyst expectations

Earnings Miss: ABL Group ASA Missed EPS By 41% And Analysts Are Revising Their Forecasts

Full year 2022 earnings: EPS misses analyst expectations

ABL Group (OB:ABL) Has A Rock Solid Balance Sheet

ABL Group ASA to Report Q4, 2022 Results on Feb 28, 2023

ABL Group ASA Announces Chief Financial Officer Changes

No independent directors

Third quarter 2022 earnings released: EPS: US$0.023 (vs US$0.001 loss in 3Q 2021)

ABL Group ASA Announces Semi-Annual Dividend, Payable in November

ABL Group ASA (OB:ABL) acquired Hose International Limited.

Second quarter 2022 earnings: Revenues miss analyst expectations

ABL Group ASA Announces Resignation of Dean Zuzic as CFO

Aqualisbraemar Loc Asa Approves Dividend, Payable on or About 17 June 2022

Upcoming dividend of kr0.30 per share

The management group of the Adjusting Business agreed to acquire ABL Group loss adjusting business from AqualisBraemar LOC ASA (OB:AQUA) for GPB 6 million.

AqualisBraemar LOC ASA Proposes Dividend, Payable on or About 17 June 2022

First quarter 2022 earnings: Revenues in line with analyst expectations

No independent directors

AqualisBraemar LOC ASA Proposes Semi-Annual Dividend to Be Paid During First Half of 2022

Full year 2021 earnings: EPS misses analyst expectations

AqualisBraemar LOC ASA (OB:AQUA) completed the acquisition of UK Operations Of OSD-IMT from Damen Shipyards Group N.V.

AqualisBraemar LOC's (OB:AQUA) Upcoming Dividend Will Be Larger Than Last Year's

Third quarter 2021 earnings released

Second quarter 2021 earnings released

AqualisBraemar LOC ASA Approves the Board Proposal of Distributing Dividend, Payable on or about June 17, 2021

Upcoming dividend of kr0.25 per share

AqualisBraemar LOC ASA Proposes Dividend, Payable on 2 June 2020

Is There More Growth In Store For AqualisBraemar LOC's (OB:AQUA) Returns On Capital?

Investor sentiment improved over the past week

New 90-day low: kr7.70

These 4 Measures Indicate That AqualisBraemar LOC (OB:AQUA) Is Using Debt Safely

Full year 2020 earnings released: EPS US$0.022 (vs US$0.16 in FY 2019)