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ABM Industries

NYSE:ABM
Snowflake Description

Established dividend payer with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABM
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The last earnings update was 70 days ago. More info.


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ABM Share Price and Events
7 Day Returns
-0.4%
NYSE:ABM
-2.1%
US Commercial Services
-3.9%
US Market
1 Year Returns
26.3%
NYSE:ABM
10.8%
US Commercial Services
1.4%
US Market
ABM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ABM Industries (ABM) -0.4% 2.3% 5% 26.3% 16% 44%
US Commercial Services -2.1% 0.8% 4.6% 10.8% 50.6% 70.6%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • ABM outperformed the Commercial Services industry which returned 10.8% over the past year.
  • ABM outperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
ABM
Industry
5yr Volatility vs Market

ABM Value

 Is ABM Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ABM Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ABM Industries.

NYSE:ABM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:ABM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.721 (1 + (1- 21%) (39.48%))
0.964
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.964 * 5.96%)
8.48%

Discounted Cash Flow Calculation for NYSE:ABM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ABM Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:ABM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.48%)
2019 180.23 Analyst x3 166.15
2020 195.84 Analyst x4 166.43
2021 181.10 Analyst x1 141.88
2022 181.92 Est @ 0.45% 131.39
2023 183.98 Est @ 1.13% 122.50
2024 186.95 Est @ 1.61% 114.75
2025 190.59 Est @ 1.95% 107.84
2026 194.75 Est @ 2.18% 101.59
2027 199.32 Est @ 2.35% 95.85
2028 204.23 Est @ 2.46% 90.53
Present value of next 10 years cash flows $1,238.90
NYSE:ABM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $204.23 × (1 + 2.73%) ÷ (8.48% – 2.73%)
$3,651.89
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,651.89 ÷ (1 + 8.48%)10
$1,618.90
NYSE:ABM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,238.90 + $1,618.90
$2,857.80
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,857.80 / 66.24
$43.14
NYSE:ABM Discount to Share Price
Calculation Result
Value per share (USD) From above. $43.14
Current discount Discount to share price of $38.01
= -1 x ($38.01 - $43.14) / $43.14
11.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price ABM Industries is available for.
Intrinsic value
12%
Share price is $38.01 vs Future cash flow value of $43.14
Current Discount Checks
For ABM Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • ABM Industries's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • ABM Industries's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ABM Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ABM Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:ABM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in USD $1.23
NYSE:ABM Share Price ** NYSE (2019-05-15) in USD $38.01
United States of America Commercial Services Industry PE Ratio Median Figure of 51 Publicly-Listed Commercial Services Companies 23.07x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ABM Industries.

NYSE:ABM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ABM Share Price ÷ EPS (both in USD)

= 38.01 ÷ 1.23

31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ABM Industries is overvalued based on earnings compared to the US Commercial Services industry average.
  • ABM Industries is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does ABM Industries's expected growth come at a high price?
Raw Data
NYSE:ABM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
24.2%per year
United States of America Commercial Services Industry PEG Ratio Median Figure of 35 Publicly-Listed Commercial Services Companies 1.77x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NYSE:ABM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 31x ÷ 24.2%

1.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ABM Industries is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on ABM Industries's assets?
Raw Data
NYSE:ABM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in USD $22.07
NYSE:ABM Share Price * NYSE (2019-05-15) in USD $38.01
United States of America Commercial Services Industry PB Ratio Median Figure of 88 Publicly-Listed Commercial Services Companies 1.95x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NYSE:ABM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ABM Share Price ÷ Book Value per Share (both in USD)

= 38.01 ÷ 22.07

1.72x

* Primary Listing of ABM Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ABM Industries is good value based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess ABM Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. ABM Industries has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ABM Future Performance

 How is ABM Industries expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ABM Industries expected to grow at an attractive rate?
  • ABM Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ABM Industries's earnings growth is expected to exceed the United States of America market average.
  • ABM Industries's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:ABM Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:ABM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 24.2%
NYSE:ABM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 3.2%
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.4%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:ABM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:ABM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-10-31 7,026 230 173 1
2020-10-31 6,828 256 148 4
2019-10-31 6,588 236 119 4
NYSE:ABM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-01-31 6,462 248 81
2018-10-31 6,442 321 96
2018-07-31 6,291 188 85
2018-04-30 5,986 91 84
2018-01-31 5,715 50 90
2017-10-31 5,454 6 78
2017-07-31 5,278 34 90
2017-04-30 5,256 75 90
2017-01-31 5,203 102 65
2016-10-31 5,145 84 62
2016-07-31 5,099 120 76
2016-04-30 5,052 164 44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ABM Industries's earnings are expected to grow significantly at over 20% yearly.
  • ABM Industries's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:ABM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from ABM Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ABM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-10-31 2.56 2.56 2.56 1.00
2020-10-31 2.21 2.33 1.94 4.00
2019-10-31 1.78 2.02 1.65 4.00
NYSE:ABM Past Financials Data
Date (Data in USD Millions) EPS *
2019-01-31 1.23
2018-10-31 1.45
2018-07-31 1.30
2018-04-30 1.34
2018-01-31 1.49
2017-10-31 1.35
2017-07-31 1.60
2017-04-30 1.60
2017-01-31 1.15
2016-10-31 1.11
2016-07-31 1.34
2016-04-30 0.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • ABM Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess ABM Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ABM Industries has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ABM Past Performance

  How has ABM Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ABM Industries's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ABM Industries's year on year earnings growth rate has been positive over the past 5 years.
  • ABM Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ABM Industries's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.
Earnings and Revenue History
ABM Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ABM Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ABM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 6,461.80 81.20 447.10
2018-10-31 6,442.20 96.00 438.00
2018-07-31 6,291.40 84.50 426.90
2018-04-30 5,985.50 83.70 419.70
2018-01-31 5,715.20 89.90 415.70
2017-10-31 5,453.60 78.10 405.40
2017-07-31 5,277.90 89.60 396.90
2017-04-30 5,256.40 89.60 405.90
2017-01-31 5,203.00 64.80 402.30
2016-10-31 5,144.70 62.30 404.90
2016-07-31 5,099.40 75.90 400.20
2016-04-30 5,052.40 44.20 387.30
2016-01-31 4,971.70 53.40 380.10
2015-10-31 4,897.80 54.10 390.40
2015-07-31 4,536.60 50.70 350.40
2015-04-30 4,562.80 68.90 349.90
2015-01-31 4,617.70 68.10 349.90
2014-10-31 4,649.70 66.90 348.20
2014-07-31 4,970.70 71.90 362.60
2014-04-30 4,911.40 68.50 353.40
2014-01-31 4,853.68 72.62 347.95
2013-10-31 4,427.80 62.60 330.60
2013-07-31 4,662.50 76.41 336.97
2013-04-30 4,524.94 73.03 330.67
2013-01-31 4,408.60 65.46 331.38
2012-10-31 4,300.30 62.70 327.80
2012-07-31 4,291.61 53.20 325.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ABM Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ABM Industries used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.
  • ABM Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ABM Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ABM Industries has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ABM Health

 How is ABM Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ABM Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ABM Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ABM Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of ABM Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ABM Industries Company Filings, last reported 3 months ago.

NYSE:ABM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 1,461.10 993.90 30.60
2018-10-31 1,454.60 939.00 39.10
2018-07-31 1,456.40 1,025.40 46.00
2018-04-30 1,436.60 1,107.30 69.70
2018-01-31 1,416.80 1,180.40 68.60
2017-10-31 1,375.70 1,178.20 62.80
2017-07-31 968.60 264.70 47.70
2017-04-30 937.60 277.90 55.70
2017-01-31 907.40 306.00 42.60
2016-10-31 974.00 268.30 53.50
2016-07-31 997.90 225.30 51.60
2016-04-30 992.20 208.90 45.70
2016-01-31 995.70 286.70 60.90
2015-10-31 1,007.50 158.10 55.50
2015-07-31 986.60 305.20 51.20
2015-04-30 1,000.20 307.20 30.40
2015-01-31 983.60 362.70 38.80
2014-10-31 968.80 320.00 36.70
2014-07-31 953.70 311.70 24.60
2014-04-30 940.80 327.40 37.70
2014-01-31 927.96 367.14 34.21
2013-10-31 917.50 315.10 32.60
2013-07-31 894.24 348.58 38.69
2013-04-30 874.73 384.62 37.91
2013-01-31 859.46 423.18 36.43
2012-10-31 850.40 215.00 43.46
2012-07-31 825.49 252.25 21.65
  • ABM Industries's level of debt (68%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (39.5% vs 68% today).
  • Debt is well covered by operating cash flow (24.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
X
Financial health checks
We assess ABM Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ABM Industries has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ABM Dividends

 What is ABM Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.89%
Current annual income from ABM Industries dividends. Estimated to be 1.94% next year.
If you bought $2,000 of ABM Industries shares you are expected to receive $38 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • ABM Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • ABM Industries's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:ABM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:ABM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-10-31 0.76 1.00
2020-10-31 0.74 2.00
2019-10-31 0.72 2.00
NYSE:ABM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-12-18 0.720 2.053
2018-09-06 0.700 2.246
2018-03-06 0.700 2.234
2017-12-22 0.700 1.881
2017-12-13 0.700 1.803
2017-09-07 0.680 1.639
2017-09-06 0.680 1.619
2017-06-08 0.680 1.581
2017-06-07 0.680 1.565
2017-03-08 0.680 1.585
2017-03-07 0.680 1.645
2016-12-21 0.680 1.681
2016-12-14 0.680 1.695
2016-09-08 0.660 1.639
2016-09-07 0.660 1.670
2016-06-09 0.660 1.773
2016-06-08 0.660 1.835
2016-03-09 0.660 2.031
2015-12-17 0.660 2.240
2015-12-09 0.660 2.303
2015-09-18 0.640 2.228
2015-09-03 0.640 2.152
2015-09-02 0.640 2.084
2015-06-03 0.640 1.954
2015-06-02 0.640 1.953
2015-03-04 0.640 2.018
2015-03-03 0.640 2.118
2014-12-17 0.640 2.166
2014-12-09 0.640 2.313
2014-09-03 0.620 2.310
2014-06-03 0.620 2.380
2014-03-04 0.620 2.242
2013-12-18 0.620 2.239
2013-12-10 0.620 2.261
2013-09-03 0.600 2.218
2013-06-03 0.600 2.385
2013-03-04 0.600 2.711
2012-12-10 0.600 2.822
2012-09-05 0.580 3.076
2012-06-06 0.580 2.969
2012-03-05 0.580 2.537
2011-12-13 0.580 2.681
2011-09-08 0.560 2.813
2011-06-07 0.560 2.608
2011-03-07 0.560 2.314
2010-12-15 0.560 2.130
2010-08-31 0.540 2.388
2010-06-02 0.540 2.566
2010-03-01 0.540 2.568
2009-12-16 0.540 2.663
2009-09-02 0.520 2.618
2009-06-04 0.520 2.659

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of ABM Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess ABM Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ABM Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ABM Industries has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ABM Management

 What is the CEO of ABM Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Salmirs
COMPENSATION $6,022,643
AGE 56
TENURE AS CEO 4.2 years
CEO Bio

Mr. Scott B. Salmirs has been the Chief Executive Officer and President of ABM Industries Incorporated since March 31, 2015. Mr. Salmirs served as an Executive Vice President of ABM Industries Incorporated from September 2014 to March 31, 2015 and served as its Senior Vice President since September 2014. Mr. Salmirs leads the Northeast Region of ABM's Onsite business. He has been with ABM Industries Incorporated for 11 years. He served as an Executive Vice President ABM Janitorial Services – Northeast from 2003 to December 2014. He served as a Senior Vice President of Lehman Brothers. He served in a national role in the Facilities Group at Goldman Sachs.Mr. Salmirs also serves on the board of Outreach, a New York nonprofit organization dedicated to rehabilitating teen drug users, is a founding board member of Donate Eight, a nonprofit group associated with LiveOnNY, and also serves on the Business Advisory Council for the business program at SUNY Oneonta. He has been a Director of ABM Industries Incorporated since January 2015. He holds an MBA from the State University of New York at Binghamton.

CEO Compensation
  • Scott's compensation has increased by more than 20% in the past year.
  • Scott's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the ABM Industries management team in years:

3.3
Average Tenure
55.5
Average Age
  • The tenure for the ABM Industries management team is about average.
Management Team

Scott Salmirs

TITLE
President
COMPENSATION
$6M
AGE
56
TENURE
4.2 yrs

Diego Scaglione

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
46
TENURE
4.1 yrs

Scott Giacobbe

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
56
TENURE
1.5 yrs

Andrea Newborn

TITLE
Executive VP
COMPENSATION
$1M
AGE
55
TENURE
1.8 yrs

Rene Jacobsen

TITLE
Executive VP and President of Business & Industry
COMPENSATION
$2M
AGE
57
TENURE
3.3 yrs

Dean Chin

TITLE
Senior VP
COMPENSATION
$790K
AGE
50
TENURE
8.9 yrs

Brant Miller

TITLE
Senior VP and President of Technology & Manufacturing
TENURE
0.1 yrs

Kim Choi

TITLE
VP of Investor Relations & Treasurer

Anthony Piniella

TITLE
Chief Communication Officer
TENURE
3.5 yrs

Cary Bainbridge

TITLE
Chief Marketing Officer
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the ABM Industries board of directors in years:

2.3
Average Tenure
60
Average Age
  • The average tenure for the ABM Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sudhakar Kesavan

TITLE
Chairman of the Board
COMPENSATION
$357K
AGE
63
TENURE
2.2 yrs

Scott Salmirs

TITLE
President
COMPENSATION
$6M
AGE
56
TENURE
4.3 yrs

Linda Chavez

TITLE
Independent Director
COMPENSATION
$245K
AGE
71
TENURE
22.3 yrs

Thomas Gartland

TITLE
Independent Director
COMPENSATION
$242K
AGE
60
TENURE
3.6 yrs

Art Garcia

TITLE
Independent Director
COMPENSATION
$238K
AGE
56
TENURE
2.3 yrs

Filippo Passerini

TITLE
Independent Director
COMPENSATION
$238K
AGE
61
TENURE
2.3 yrs

Wendy Webb

TITLE
Independent Director
COMPENSATION
$244K
AGE
60
TENURE
4.4 yrs

Don Colleran

TITLE
Director
COMPENSATION
$55K
AGE
62
TENURE
0.7 yrs

LeighAnne Baker

TITLE
Director
COMPENSATION
$2K
AGE
59
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Jan 19 Sell Rene Jacobsen Individual 15. Jan 19 15. Jan 19 -6,896 $34.09 $-235,067
10. Jan 19 Sell Linda Chavez Individual 09. Jan 19 09. Jan 19 -3,000 $34.62 $-103,850
X
Management checks
We assess ABM Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ABM Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ABM News

Simply Wall St News

Are Insiders Selling ABM Industries Incorporated (NYSE:ABM) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in ABM Industries Incorporated (NYSE:ABM). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for ABM Industries ABM Industries Insider Transactions Over The Last Year The Executive VP and President of Business &amp; Industry, Rene Jacobsen, made the biggest insider sale in the last 12 months. … Insider Ownership I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders.

Simply Wall St -

Despite Its High P/E Ratio, Is ABM Industries Incorporated (NYSE:ABM) Still Undervalued?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … ABM Industries has a price to earnings ratio of 30.87, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

A Look At The Fair Value Of ABM Industries Incorporated (NYSE:ABM)

by taking the foreast future cash flows of the company and discounting them back to today's value. … We generally believe that a company's value is the present value of all of the cash it will generate in the future. … We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows

Simply Wall St -

ABM Industries Incorporated (NYSE:ABM) Delivered A Weaker ROE Than Its Industry

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows ABM Industries has a return on equity of 5.6% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

3 Days Left Until ABM Industries Incorporated (NYSE:ABM) Trades Ex-Dividend

Investors who want to cash in on ABM Industries Incorporated's (NYSE:ABM) upcoming dividend of US$0.18 per share have only 3 days left to buy the shares before its ex-dividend date, 03 April 2019, in time for dividends payable on the 06 May 2019. … Well, keep on reading because today, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … How I analyze a dividend stock?

Simply Wall St -

The ABM Industries (NYSE:ABM) Share Price Is Up 19% And Shareholders Are Holding On

Better yet, you'd like to see the share price move up more than the market average. … Unfortunately for shareholders, while the ABM Industries Incorporated (NYSE:ABM) share price is up 19% in the last five years, that's less than the market return. … ABM Industries's earnings per share are down 1.4% per year, despite strong share price performance over five years.

Simply Wall St -

How Much Did ABM Industries Incorporated's (NYSE:ABM) CEO Pocket Last Year?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Scott Salmirs's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that ABM Industries Incorporated has a market cap of US$2.4b, and is paying total annual CEO compensation of US$6.0m.

Simply Wall St -

Is It Too Late To Buy ABM Industries Incorporated (NYSE:ABM) At Its February Price?

Looking at ABM Industries Incorporated’s (NYSE:ABM) fundamentals some investors are wondering if its last closing price of $36.98 represents a good value for money for this high growth stock. … Check out our latest analysis for ABM Industries? … ABM Industries is poised for significantly high earnings growth in the near future

Simply Wall St -

Is ABM Industries Incorporated (NYSE:ABM) Potentially Underrated?

Help shape the future of investing tools and you could win a $250 gift card! … As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.

Simply Wall St -

Why ABM Industries Incorporated’s (NYSE:ABM) Return On Capital Employed Looks Uninspiring

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

ABM Company Info

Description

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. It operates through Business & Industry, Aviation, Technology & Manufacturing, Education, Technical Solutions, and Healthcare segments. The company offers janitorial, electrical and lighting, energy, facilities engineering, HVAC and mechanical, landscape and turf, mission critical, and parking solutions. It also provides custom facility solutions in urban, suburban, and rural areas to properties of various sizes, including schools and commercial buildings, hospitals, data centers, manufacturing plants, and airports. The company was founded in 1909 and is headquartered in New York, New York.

Details
Name: ABM Industries Incorporated
ABM
Exchange: NYSE
Founded: 1909
$2,517,742,717
66,238,956
Website: http://www.abm.com
Address: ABM Industries Incorporated
One Liberty Plaza,
7th Floor,
New York,
New York, 10006,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ABM Common Stock New York Stock Exchange US USD 02. Jan 1969
DB AB4 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1969
Number of employees
Current staff
Staff numbers
140,000
ABM Industries employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 01:17
End of day share price update: 2019/05/15 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/03/07
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.