ABGI Stock Overview
ABG Acquisition Corp. I does not have significant operations.
ABG Acquisition I Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.79|
|52 Week High||US$9.99|
|52 Week Low||US$9.61|
|1 Month Change||-0.31%|
|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%|
Recent News & Updates
|ABGI||US Capital Markets||US Market|
Return vs Industry: ABGI exceeded the US Capital Markets industry which returned -14.6% over the past year.
Return vs Market: ABGI exceeded the US Market which returned -12.9% over the past year.
|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
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
|ABGI fundamental statistics|
Is ABGI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABGI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.046|
|Net Profit Margin||0.00%|
How did ABGI perform over the long term?See historical performance and comparison
Is ABG Acquisition I undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
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.
How is ABG Acquisition I forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has ABG Acquisition I performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
How is ABG Acquisition I's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
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.
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
What is ABG Acquisition I current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Frank Yu (52 yo)
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...
Experienced Board: ABGI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ABG Acquisition Corp. I's employee growth, exchange listings and data sources
- Name: ABG Acquisition Corp. I
- Ticker: ABGI
- Exchange: NasdaqCM
- Founded: 2020
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$189.266m
- Shares outstanding: 19.33m
- Website: https://abgacquisitioncorpi.com/en
- ABG Acquisition Corp. I
- 430 Park Avenue, 12th Floor
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 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.