ABST:CA:TSX-Absolute Software Corporation (CAD)

COMMON STOCK | Software-Application | TSX

Last Closing Price

CAD 16.89

Change

0.00 (0.00)%

Market Cap

CAD 0.84B

Volume

0.18M

Average Target Price

CAD 19.43 (+15.03%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools, as well as for reporting and analytics, geotechnology, and endpoint investigation and recovery applications. It also provides professional, technical support, and investigation services. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, financial services, healthcare sectors, and consumers. It operates in North America, Europe, and Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada. Address: Four Bentall Centre, Vancouver, BC, Canada, V7X 1K8

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-13 )

Largest Industry Peers for Software-Application

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CDAY:CA Ceridian HCM Holding Inc

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CAD16.03B 1,643.70 579.91
LSPD:CA Lightspeed POS Inc

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CAD11.52B N/A N/A
DSG:CA The Descartes Systems Group In..

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CAD6.76B 95.78 47.04
KXS:CA Kinaxis Inc

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CAD3.85B 490.10 125.35
ENGH:CA Enghouse Systems Limited

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CAD2.86B 29.85 14.91
LWRK:CA LifeWorks Inc

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CAD2.28B 86.82 16.70
DCBO:CA Docebo Inc

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CAD2.20B -99,999.99 N/A

ETFs Containing ABST:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Application)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.49% 80% B- 54% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.49% 75% C 53% F
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 0.84B 43% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Application)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 73.43 55% F 9% F
Price/Book Ratio 26.01 18% F 3% F
Price / Cash Flow Ratio 33.51 43% F 6% F
EV/EBITDA 36.25 58% F 14% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital -22.76% 22% F 9% F
Return on Assets 5.82% 70% C- 85% B
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 3.86 35% F 27% F
Short Percent 1.80% 20% F 51% F
Beta 0.79 68% D+ 74% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.