Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations.
Solid track record with mediocre balance sheet.
Share Price & News
How has Absolute Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALSW.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ALSW.F underperformed the US Software industry which returned 20.4% over the past year.
Return vs Market: ALSW.F matched the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Absolute Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Absolute Software 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: ALSW.F ($7.31) is trading above our estimate of fair value ($6.63)
Significantly Below Fair Value: ALSW.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALSW.F is good value based on its PE Ratio (28.1x) compared to the Software industry average (43.4x).
PE vs Market: ALSW.F is poor value based on its PE Ratio (28.1x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ALSW.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ALSW.F has negative assets, so we can't compare its PB Ratio to the US Software industry average.
How is Absolute Software forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALSW.F's earnings are forecast to decline over the next 3 years (-6.8% per year).
Earnings vs Market: ALSW.F's earnings are forecast to decline over the next 3 years (-6.8% per year).
High Growth Earnings: ALSW.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ALSW.F's revenue (7.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ALSW.F's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALSW.F's Return on Equity is forecast to be high in 3 years time
How has Absolute Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALSW.F has high quality earnings.
Growing Profit Margin: ALSW.F's current net profit margins (10.5%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: ALSW.F's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: ALSW.F's earnings growth over the past year (61.6%) exceeds its 5-year average (1.7% per year).
Earnings vs Industry: ALSW.F earnings growth over the past year (61.6%) exceeded the Software industry 18.4%.
Return on Equity
High ROE: ALSW.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Absolute Software's financial position?
Financial Position Analysis
Short Term Liabilities: ALSW.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ALSW.F 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: ALSW.F is debt free.
Reducing Debt: ALSW.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ALSW.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALSW.F has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: ALSW.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: ALSW.F has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is Absolute Software's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ALSW.F's dividend (3.3%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: ALSW.F's dividend (3.3%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: ALSW.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALSW.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (97.2%), ALSW.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christy Wyatt (47yo)
Ms. Christy Wyatt serves as Chief Executive Officer of Absolute Software Corporation and Absolute Software, Inc. since November 26, 2018. Ms. Wyatt has been the President of Absolute Software Corporation s ...
CEO Compensation Analysis
Compensation vs Market: Christy's total compensation ($USD2.88M) is above average for companies of similar size in the US market ($USD1.76M).
Compensation vs Earnings: Insufficient data to compare Christy's compensation with company performance.
|CEO, President & Director||1.3yrs||US$2.88m||0.12% $374.8k|
|Chief Technology Officer||0.8yrs||US$884.82k||no data|
|Chief Commercial Officer||4.1yrs||US$1.33m||0.0055% $16.9k|
|Interim Chief Financial Officer||0yrs||no data||0.11% $329.7k|
|Chief Information Officer||0.08yrs||no data||no data|
|Investor Relations||0yrs||no data||no data|
|Legal Counsel||0yrs||no data||no data|
|Chief Marketing Officer||0.7yrs||no data||no data|
|Senior Vice President of Worldwide OEM||0yrs||US$310.91k||0.0045% $13.9k|
|Senior Vice President of Customer Experience||2.1yrs||no data||0.046% $141.9k|
Experienced Management: ALSW.F's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|CEO, President & Director||1.3yrs||US$2.88m||0.12% $374.8k|
|Member of Advisory Board||4.8yrs||no data||no data|
|Independent Director||5.2yrs||US$162.22k||no data|
|Independent Chairman||6.2yrs||US$185.34k||0.28% $855.8k|
|Independent Director||5.9yrs||US$155.34k||0.028% $87.0k|
|Independent Director||7.2yrs||US$159.09k||0.055% $169.2k|
|Independent Director||0.5yrs||no data||no data|
Experienced Board: ALSW.F's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ALSW.F insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.
Absolute Software Corporation's company bio, employee growth, exchange listings and data sources
- Name: Absolute Software Corporation
- Ticker: ALSW.F
- Exchange: OTCPK
- Founded: 1993
- Industry: Systems Software
- Sector: Software
- Market Cap: CA$409.713m
- Listing Market Cap: CA$306.626m
- Shares outstanding: 42.28m
- Website: https://www.absolute.com
Number of Employees
- Absolute Software Corporation
- Four Bentall Centre
- Suite 1400
- British Columbia
- V7X 1K8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABT||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 2000|
|OU1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2000|
|ALSW.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2000|
Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations. The company offers the Absolute platform to detect, understand, and remediate vulnerabilities across endpoints on-demand; provide firmware-embedded and cloud-delivered security to automatically self-heal critical endpoint applications; and discover and protect at-risk data on endpoints and in the cloud, as well as for reporting and analytics, geotechnology, risk assessment and response, custom query and remediation, application persistence, data awareness, and endpoint investigation applications. It also provides professional, technical support, and investigation services. The Company markets its solutions through PC OEMs, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, and consumers. It operates in North America, Europe, and South Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:38|
|End of Day Share Price||2020/02/27 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.