Absolent Air Care Group AB (publ)

OM:ABSO Stock Report

Market Cap: SEK 2.9b

Absolent Air Care Group Past Earnings Performance

Past criteria checks 2/6

Absolent Air Care Group has been growing earnings at an average annual rate of 25.8%, while the Building industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 9.9% per year. Absolent Air Care Group's return on equity is 14%, and it has net margins of 9%.

Key information

25.8%

Earnings growth rate

25.8%

EPS growth rate

Building Industry Growth18.8%
Revenue growth rate9.9%
Return on equity14.0%
Net Margin9.0%
Next Earnings Update21 Feb 2025

Recent past performance updates

Recent updates

It's Down 27% But Absolent Air Care Group AB (publ) (STO:ABSO) Could Be Riskier Than It Looks

Nov 27
It's Down 27% But Absolent Air Care Group AB (publ) (STO:ABSO) Could Be Riskier Than It Looks

Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

May 09
Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

May 02
Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00

Apr 18
Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00

Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00

Apr 04
Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00

Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Mar 16
Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet

Sep 14
Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet

Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?

May 10
Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?

Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next

Feb 25
Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next

Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?

May 19
Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?

Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly

Oct 12
Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly

Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively

Aug 25
Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively

We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

May 02
We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

Jan 19
We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It

Nov 28
The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It

Revenue & Expenses Breakdown

How Absolent Air Care Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OM:ABSO Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,39812636928
30 Jun 241,42214637332
31 Mar 241,40715136733
31 Dec 231,40814036634
30 Sep 231,40715135634
30 Jun 231,37815534333
31 Mar 231,37615233435
31 Dec 221,33915231634
30 Sep 221,27214531133
30 Jun 221,20013029332
31 Mar 221,11911927530
31 Dec 211,0309825727
30 Sep 2198617717024
30 Jun 2192313717821
31 Mar 218503822525
31 Dec 208962325625
30 Sep 20991-6936523
30 Jun 201,085-4738124
31 Mar 201,1084733516
31 Dec 191,0387429414
30 Sep 198759024213
30 Jun 1975810419813
31 Mar 1970710517814
31 Dec 186449716414
30 Sep 186319415913
30 Jun 185768314712
31 Mar 185217013412
31 Dec 174926412611
30 Sep 174556411611
30 Jun 174376411010
31 Mar 17429661049
31 Dec 1641164999
30 Sep 1639960899
30 Jun 1639656909
31 Mar 1639857909
31 Dec 1539957909
30 Sep 15370471767
30 Jun 15348441515
31 Mar 15314321272
31 Dec 14272211040
30 Sep 1425519770
30 Jun 1424119770
31 Mar 1422418770
31 Dec 1320917770

Quality Earnings: ABSO has high quality earnings.

Growing Profit Margin: ABSO's current net profit margins (9%) are lower than last year (10.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABSO's earnings have grown significantly by 25.8% per year over the past 5 years.

Accelerating Growth: ABSO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ABSO had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Building industry average (-17.5%).

Return on Equity

High ROE: ABSO's Return on Equity (14%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 03:26
End of Day Share Price 2024/12/23 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

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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.

AnalystInstitution
Carl RagnerstamNordea Markets
Henrik AlveskogRedeye