company background image
ABSL B logo

Absolicon Solar Collector NGM:ABSL B Stock Report

Last Price

SEK 4.60

Market Cap

SEK 26.7m

7D

7.0%

1Y

-71.3%

Updated

22 Dec, 2024

Data

Company Financials

Absolicon Solar Collector AB

NGM:ABSL B Stock Report

Market Cap: SEK 26.7m

ABSL B Stock Overview

Develops, manufactures, and sells solar energy systems worldwide. More details

ABSL B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Absolicon Solar Collector AB Competitors

Price History & Performance

Summary of share price highs, lows and changes for Absolicon Solar Collector
Historical stock prices
Current Share PriceSEK 4.60
52 Week HighSEK 16.60
52 Week LowSEK 3.90
Beta0.072
1 Month Change-9.45%
3 Month Change-41.48%
1 Year Change-71.25%
3 Year Changen/a
5 Year Changen/a
Change since IPO-88.50%

Recent News & Updates

Recent updates

Will Absolicon Solar Collector (NGM:ABSL B) Spend Its Cash Wisely?

Nov 10
Will Absolicon Solar Collector (NGM:ABSL B) Spend Its Cash Wisely?

Shareholder Returns

ABSL BSE ElectricalSE Market
7D7.0%-2.3%-2.7%
1Y-71.3%0.4%4.6%

Return vs Industry: ABSL B underperformed the Swedish Electrical industry which returned 0.4% over the past year.

Return vs Market: ABSL B underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is ABSL B's price volatile compared to industry and market?
ABSL B volatility
ABSL B Average Weekly Movement18.0%
Electrical Industry Average Movement8.7%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.3%
10% least volatile stocks in SE Market3.2%

Stable Share Price: ABSL B's share price has been volatile over the past 3 months compared to the Swedish market.

Volatility Over Time: ABSL B's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
200517Joakim Byströmwww.absolicon.com

Absolicon Solar Collector AB develops, manufactures, and sells solar energy systems worldwide. It offers Absolicon T160, a solar collector that is used in various industries comprising textiles, brewery and beverages, tea, dairy, food processing, mining, desalination, chemical, pharmaceuticals, pulp and paper, and district heating; and field simulator. Absolicon Solar Collector AB was founded in 2005 and is based in Härnösand, Sweden.

Absolicon Solar Collector AB Fundamentals Summary

How do Absolicon Solar Collector's earnings and revenue compare to its market cap?
ABSL B fundamental statistics
Market capSEK 26.75m
Earnings (TTM)-SEK 66.20m
Revenue (TTM)SEK 3.04m

8.8x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSL B income statement (TTM)
RevenueSEK 3.04m
Cost of RevenueSEK 5.36m
Gross Profit-SEK 2.32m
Other ExpensesSEK 63.88m
Earnings-SEK 66.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-11.39
Gross Margin-76.21%
Net Profit Margin-2,177.27%
Debt/Equity Ratio0%

How did ABSL B perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 10:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Absolicon Solar Collector AB is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus AugustssonCarlsquare AB