ABG Acquisition I (NasdaqCM:ABGI) - Share price, News & Analysis

ABGI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

ABGI Stock Overview

ABG Acquisition Corp. I does not have significant operations.

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($0)

Negative shareholders equity

Less than 3 years of financial data is available

ABG Acquisition I Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ABG Acquisition I
Historical stock prices
Current Share Price	US$9.79
52 Week High	US$9.99
52 Week Low	US$9.61
Beta	0
1 Month Change	-0.20%
3 Month Change	0.82%
1 Year Change	-1.11%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-5.32%

Shareholder Returns

	ABGI	US Capital Markets	US Market
7D	-0.1%	-0.8%	-2.7%
1Y	-1.1%	-14.6%	-12.9%

Return vs Industry: ABGI exceeded the US Capital Markets industry which returned -14.5% over the past year.

Return vs Market: ABGI exceeded the US Market which returned -12.7% over the past year.

Price Volatility

Is ABGI's price volatile compared to industry and market?
ABGI volatility
ABGI Average Weekly Movement	0.3%
Capital Markets Industry Average Movement	0.5%
Market Average Movement	7.9%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.0%

Stable Share Price: ABGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: ABGI's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Frank Yu	https://abgacquisitioncorpi.com/en

ABG Acquisition Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. ABG Acquisition Corp. I was incorporated in 2020 and is based in New York, New York.

ABG Acquisition I Fundamentals Summary

How do ABG Acquisition I's earnings and revenue compare to its market cap?
ABGI fundamental statistics
Market Cap	US$189.27m
Earnings (TTM)	-US$880.77k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-214.9x

P/E Ratio

Is ABGI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABGI income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$880.77k
Earnings	-US$880.77k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.046
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did ABGI perform over the long term?

See historical performance and comparison

Valuation

Is ABG Acquisition I undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

In this section, we usually try to help investors determine whether ABG Acquisition I is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ABG Acquisition I has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is ABG Acquisition I forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

9.9%

Forecasted Diversified Financials 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 ABG Acquisition I 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.

Past Performance

How has ABG Acquisition I performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-116.1%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: ABGI is currently unprofitable.

Growing Profit Margin: ABGI is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ABGI's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare ABGI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABGI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (98.3%).

Return on Equity

High ROE: ABGI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Financial Health

How is ABG Acquisition I's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ABGI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ABGI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: ABGI is debt free.

Reducing Debt: ABGI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ABGI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ABGI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 110.6% each year

Dividend

What is ABG Acquisition I current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ABGI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABGI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABGI's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ABGI has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average board tenure

CEO

Frank Yu (52 yo)

1.5yrs

Tenure

Mr. Frank Yu is the Founder of Themes Investment Partners and serves as its Chief Executive Officer. He serves as Director of Imperative Care, Inc. He has been Director of Quantum Surgical SAS. He has been...

Board Members

Experienced Board: ABGI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31