ABSO Stock Overview
Designs, develops, sells, installs, and maintains air filtration units. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for ABSO from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Absolent Air Care Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 249.00 |
| 52 Week High | SEK 408.00 |
| 52 Week Low | SEK 220.00 |
| Beta | 0.88 |
| 1 Month Change | 2.05% |
| 3 Month Change | -22.19% |
| 1 Year Change | -38.67% |
| 3 Year Change | -43.41% |
| 5 Year Change | -40.43% |
| Change since IPO | 247.04% |
Recent News & Updates
Recent updates
It's Down 27% But Absolent Air Care Group AB (publ) (STO:ABSO) Could Be Riskier Than It Looks
Nov 27
Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being
May 09Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00
May 02Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00
Apr 18Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00
Apr 04Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00
Mar 16Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet
Sep 14Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?
May 10Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next
Feb 25Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?
May 19Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly
Oct 12Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively
Aug 25We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
May 02We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
Jan 19The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It
Nov 28Shareholder Returns
| ABSO | SE Building | SE Market | |
|---|---|---|---|
| 7D | 0% | -1.7% | -2.2% |
| 1Y | -38.7% | 2.3% | 6.1% |
Return vs Industry: ABSO underperformed the Swedish Building industry which returned 3.6% over the past year.
Return vs Market: ABSO underperformed the Swedish Market which returned 7.3% over the past year.
Price Volatility
| ABSO volatility | |
|---|---|
| ABSO Average Weekly Movement | 4.2% |
| Building Industry Average Movement | 4.7% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.3% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: ABSO has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: ABSO's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 477 | Axel Berntsson | absolentgroup.com |
Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration units. Its air cleaning solutions are used to separate air pollutants in a range of industries, including aerospace, automotive, chemical, electronics, pharmaceutical, woodworking, and food industries as well as in power generation, contract manufacturing, dental laboratories, hotels, and restaurants. The company's commercial kitchen systems handle harmful airborne particles and gases generated from cooking activities, as well as products portfolio comprise hoods, filtration technologies, and fire extinguishing systems.
Absolent Air Care Group AB (publ) Fundamentals Summary
| ABSO fundamental statistics | |
|---|---|
| Market cap | SEK 2.82b |
| Earnings (TTM) | SEK 126.14m |
| Revenue (TTM) | SEK 1.40b |
22.3x
P/E Ratio2.0x
P/S RatioIs ABSO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABSO income statement (TTM) | |
|---|---|
| Revenue | SEK 1.40b |
| Cost of Revenue | SEK 792.86m |
| Gross Profit | SEK 605.15m |
| Other Expenses | SEK 479.01m |
| Earnings | SEK 126.14m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 21, 2025
| Earnings per share (EPS) | 11.14 |
| Gross Margin | 43.29% |
| Net Profit Margin | 9.02% |
| Debt/Equity Ratio | 40.2% |
How did ABSO perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield27%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 02:19 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Absolent Air Care Group AB (publ) is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carl Ragnerstam | Nordea Markets |
| Henrik Alveskog | Redeye |