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Absolent Air Care Group OM:ABSO Stock Report

Last Price

SEK 367.00

Market Cap

SEK 4.2b

7D

-0.8%

1Y

-9.8%

Updated

28 Jun, 2024

Data

Company Financials +

Absolent Air Care Group AB (publ)

OM:ABSO Stock Report

Market Cap: SEK 4.2b

ABSO Stock Overview

Designs, develops, sells, installs, and maintains air filtration units.

ABSO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Absolent Air Care Group AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absolent Air Care Group
Historical stock prices
Current Share PriceSEK 367.00
52 Week HighSEK 416.00
52 Week LowSEK 295.00
Beta0.83
11 Month Change-3.42%
3 Month Change6.07%
1 Year Change-9.83%
33 Year Change-15.63%
5 Year Change-18.26%
Change since IPO411.50%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

ABSOSE BuildingSE Market
7D-0.8%-1.7%-0.8%
1Y-9.8%-7.3%13.6%

Return vs Industry: ABSO underperformed the Swedish Building industry which returned -7.3% over the past year.

Return vs Market: ABSO underperformed the Swedish Market which returned 13.6% over the past year.

Price Volatility

Is ABSO's price volatile compared to industry and market?
ABSO volatility
ABSO Average Weekly Movement3.9%
Building Industry Average Movement4.1%
Market Average Movement5.9%
10% most volatile stocks in SE Market12.7%
10% least volatile stocks in SE Market3.4%

Stable Share Price: ABSO has not had significant price volatility in the past 3 months.

Volatility Over Time: ABSO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993468Axel Berntssonabsolentgroup.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

How do Absolent Air Care Group's earnings and revenue compare to its market cap?
ABSO fundamental statistics
Market capSEK 4.15b
Earnings (TTM)SEK 151.13m
Revenue (TTM)SEK 1.41b

27.5x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSO income statement (TTM)
RevenueSEK 1.41b
Cost of RevenueSEK 788.21m
Gross ProfitSEK 619.03m
Other ExpensesSEK 467.91m
EarningsSEK 151.13m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 19, 2024

Earnings per share (EPS)13.35
Gross Margin43.99%
Net Profit Margin10.74%
Debt/Equity Ratio47.7%

How did ABSO perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

22%

Payout Ratio
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