ABST:TSX-Absolute Software Corporation (CAD)

COMMON STOCK | Software-Application | TSX

Last Closing Price

CAD 11.39

Change

+0.06 (+0.53)%

Market Cap

CAD 0.58B

Volume

0.12M

Avg Analyst Target

CAD 13.67 (+19.99%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ABST Stock Forecast & Price:
Based on the Absolute Software Corporation stock forecasts from 4 analysts, the average analyst target price for Absolute Software Corporation is CAD 13.67 over the next 12 months. Absolute Software Corporation’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Absolute Software Corporation is Bearish, which is based on 3 positive signals and 8 negative signals. At the last closing, Absolute Software Corporation’s stock price was CAD 11.39. Absolute Software Corporation’s stock price has changed by +8.17% over the past week, -4.37% over the past month and -36.55% over the last year.

About Absolute Software Corporation (ABST:CA:TSX)

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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-06-28 )

Largest Industry Peers for Software-Application

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SHOP:CA Shopify Inc

-29.66 (-6.17%)

CAD62.70B 264.97 244.52
CSU:CA Constellation Software Inc.

-3.77 (-0.19%)

CAD41.24B 76.62 29.03
OTEX:CA Open Text Corp

-0.98 (-1.94%)

CAD13.68B 22.51 13.21
CDAY:CA Ceridian HCM Holding Inc

-2.59 (-3.96%)

CAD10.02B 1,643.70 577.92
DSG:CA Descartes Systems Group Inc

+0.69 (+0.87%)

CAD6.76B 57.94 36.38
LSPD:CA Lightspeed Commerce Inc

-2.19 (-6.97%)

CAD4.89B N/A N/A
KXS:CA Kinaxis Inc

+1.79 (+1.27%)

CAD4.00B 236.83 71.28
LWRK:CA LifeWorks Inc

-0.32 (-1.03%)

CAD2.18B 97.61 17.03
ENGH:CA Enghouse Systems Ltd

+0.45 (+1.58%)

CAD1.58B 17.46 8.33
DCBO:CA Docebo Inc

-1.83 (-4.56%)

CAD1.32B -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 -3.96% 86% B 79% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return -3.96% 86% B 77% C+
Trailing 12 Months  
Capital Gain -36.55% 62% D- 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -36.55% 62% D- 12% F
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 -12.84% 15% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -12.84% 12% F 3% F
Risk Return Profile  
Volatility (Standard Deviation) 17.83% 85% B 47% F
Risk Adjusted Return -72.05% 8% F 2% F
Market Capitalization 0.58B 61% D- 61% 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 155.86 33% F 4% F
Price/Book Ratio 51.32 4% F 1% F
Price / Cash Flow Ratio 12.41 50% F 21% F
EV/EBITDA 140.01 20% F 3% F
Management Effectiveness  
Return on Equity -128.09% 11% F 4% F
Return on Invested Capital -60.22% 14% F 5% F
Return on Assets -2.21% 46% F 22% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield 3.07% 75% C 39% F
Short Ratio 4.77 50% F 36% F
Short Percent 1.38% 31% F 39% F
Beta 0.79 75% C 77% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.