Absolent Group AB (publ) develops, manufactures, and sells filtration technology worldwide.
Adequate balance sheet with acceptable track record.
Share Price & News
How has Absolent Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABSO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ABSO exceeded the Swedish Building industry which returned 40.6% over the past year.
Return vs Market: ABSO exceeded the Swedish Market which returned 18.6% over the past year.
Price Volatility Vs. Market
How volatile is Absolent Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShould You Be Tempted To Sell Absolent Group AB (publ) (STO:ABSO) Because Of Its P/E Ratio?
2 weeks ago | Simply Wall StIf You Had Bought Absolent Group (STO:ABSO) Stock Five Years Ago, You Could Pocket A 273% Gain Today
1 month ago | Simply Wall StAbsolent Group (STO:ABSO) Has A Rock Solid Balance Sheet
Is Absolent Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABSO (SEK435) is trading above our estimate of fair value (SEK71.45)
Significantly Below Fair Value: ABSO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABSO is poor value based on its PE Ratio (54.5x) compared to the Building industry average (18.6x).
PE vs Market: ABSO is poor value based on its PE Ratio (54.5x) compared to the Swedish market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABSO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABSO is overvalued based on its PB Ratio (11.6x) compared to the SE Building industry average (2.5x).
How is Absolent Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Absolent Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Absolent Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Absolent Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Absolent Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABSO has high quality earnings.
Growing Profit Margin: ABSO's current net profit margins (10.3%) are lower than last year (14.8%).
Past Earnings Growth Analysis
Earnings Trend: ABSO's earnings have grown significantly by 23.3% 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 (-3.5%) over the past year, making it difficult to compare to the Building industry average (23.1%).
Return on Equity
High ROE: ABSO's Return on Equity (21.2%) is considered high.
Return on Assets
Return on Capital Employed
How is Absolent Group's financial position?
Financial Position Analysis
Short Term Liabilities: ABSO's short term assets (SEK505.7M) exceeds its short term liabilities (SEK198.5M)
Long Term Liabilities: ABSO's short term assets (SEK505.7M) exceeds its long term liabilities (411.1M)
Debt to Equity History and Analysis
Debt Level: ABSO's debt to equity ratio (72.2%) is considered high.
Reducing Debt: ABSO's debt to equity ratio has increased from 50.9% to 72.2% over the past 5 years.
Debt Coverage: ABSO's debt is well covered by operating cash flow (35.4%).
Interest Coverage: ABSO's interest payments on its debt are well covered by EBIT (42.8x coverage).
Inventory Level: ABSO has a high level of physical assets or inventory.
Debt Coverage by Assets: ABSO's debt is covered by short term assets (assets are 1.6x debt).
What is Absolent Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ABSO's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.7%).
High Dividend: ABSO's dividend (0.34%) is low compared to the top 25% of dividend payers in the Swedish market (4.87%).
Stability and Growth of Payments
Stable Dividend: ABSO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: ABSO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ABSO is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABSO's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
What is the CEO of Absolent Group's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Axel Berntsson (39yo)
Mr. Axel Berntsson is the Chief Executive Officer of Absolent Group AB (publ).
Management Age and Tenure
Experienced Management: ABSO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: ABSO's board of directors are considered experienced (8.8 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
James Stansfield (45yo)
Chief Executive Officer of Filtermist
- Tenure: 7.8yrs
Jan Berntsson (59yo)
Chief Technology Officer
- Tenure: 1.3yrs
Axel Berntsson (39yo)
Chief Executive Officer
- Tenure: 1.8yrs
Anna Akerblad (44yo)
Chief Financial Officer
- Tenure: 0.8yrs
Mattias Nurman (41yo)
Chief Information Officer
- Tenure: 0.8yrs
Mikael Ekdahl (68yo)
Chairman of The Board
- Tenure: 12.8yrs
Joakim Westh (58yo)
- Tenure: 25.8yrs
Johan Westman (46yo)
- Tenure: 2.8yrs
Märta Andreen (35yo)
- Tenure: 2.8yrs
Per-Axel Fagerholm (74yo)
- Tenure: 8.8yrs
Absolent Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Absolent Group AB (publ)
- Ticker: ABSO
- Exchange: OM
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr4.925b
- Shares outstanding: 11.32m
- Website: https://www.absolentgroup.se
- Absolent Group AB (publ)
- Kartåsgatan 1
- Västra Götaland County
- 531 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABSO||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Oct 2014|
Absolent Group AB (publ) develops, manufactures, and sells filtration technology worldwide. It offers air cleaning equipment for maintaining clean air in workshops and manufacturing facilities. The company ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/22 21:53|
|End of Day Share Price||2019/11/22 00:00|
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.