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

COMMON STOCK | Software—Application | TSX

Last Closing Price

CAD 15.22

Change

0.00 (0.00)%

Market Cap

CAD 0.65B

Volume

0.48M

Average Target Price

CAD 17.92 (+17.72%)
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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-24 )

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DCBO:CA Docebo Inc

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REAL:CA Real Matters Inc

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ETFs Containing ABT: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 74.94% 76% C 95% A
Dividend Return 1.84% 83% B 56% F
Total Return 76.78% 82% B- 95% A
Trailing 12 Months  
Capital Gain 80.98% 71% C- 94% A
Dividend Return 1.90% 83% B 52% F
Total Return 82.88% 71% C- 94% A
Trailing 5 Years  
Capital Gain 80.76% 50% F 81% B-
Dividend Return 17.10% 83% B 59% F
Total Return 97.86% 50% F 82% B-
Average Annual (5 Year Horizon)  
Capital Gain 12.57% N/A N/A 84% B
Dividend Return 4.17% N/A N/A 84% B
Total Return 16.73% N/A N/A 86% B
Risk Return Profile  
Volatility (Standard Deviation) 26.18% N/A N/A 32% F
Risk Adjusted Return 63.92% N/A N/A 77% C+
Market Capitalization 0.65B 47% F 70% 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%

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 47.61 56% F 12% F
Price/Book Ratio N/A N/A N/A N/A N/A
Price / Cash Flow Ratio 25.92 42% F 7% F
EV/EBITDA 29.31 60% D- 16% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital -22.76% 32% F 11% F
Return on Assets 8.17% 79% C+ 92% A-
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.86 79% C+ 53% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.05 61% D- 48% F
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:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

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 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