company background image
ABSL B logo

Absolicon Solar Collector NGM:ABSL B Stock Report

Last Price

kr9.72

Market Cap

kr56.5m

7D

-2.8%

1Y

-86.9%

Updated

28 Apr, 2024

Data

Company Financials

Absolicon Solar Collector AB

NGM:ABSL B Stock Report

Market Cap: kr56.5m

ABSL B Stock Overview

Absolicon Solar Collector AB develops, manufactures, and sells solar energy systems worldwide.

ABSL B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Absolicon Solar Collector AB Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absolicon Solar Collector
Historical stock prices
Current Share Pricekr9.72
52 Week Highkr70.60
52 Week Lowkr6.50
Beta-0.0021
1 Month Change8.00%
3 Month Change-24.06%
1 Year Change-86.94%
3 Year Changen/a
5 Year Changen/a
Change since IPO-75.70%

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
7D-2.8%2.3%1.4%
1Y-86.9%-30.3%8.6%

Return vs Industry: ABSL B underperformed the Swedish Electrical industry which returned -30.3% over the past year.

Return vs Market: ABSL B underperformed the Swedish Market which returned 8.6% over the past year.

Price Volatility

Is ABSL B's price volatile compared to industry and market?
ABSL B volatility
ABSL B Average Weekly Movement14.1%
Electrical Industry Average Movement9.0%
Market Average Movement6.2%
10% most volatile stocks in SE Market13.4%
10% least volatile stocks in SE Market3.6%

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

Volatility Over Time: ABSL B's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
200532Joakim 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 capkr56.51m
Earnings (TTM)-kr106.32m
Revenue (TTM)kr15.54m

3.6x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSL B income statement (TTM)
Revenuekr15.54m
Cost of Revenuekr10.90m
Gross Profitkr4.64m
Other Expenseskr110.96m
Earnings-kr106.32m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 20, 2024

Earnings per share (EPS)-18.29
Gross Margin29.85%
Net Profit Margin-684.20%
Debt/Equity Ratio0%

How did ABSL B perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.