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

COMMON STOCK | Software—Application | TSX

Last Closing Price

CAD 8.15

Change

-0.22 (-2.63)%

Market Cap

CAD 0.35B

Volume

0.30M

Average Target Price

CAD 10.43 (+27.96%)
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 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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-03-27 )

Largest Industry Peers for Software—Application

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

-41.97 (-6.64%)

CAD56.13B N/A -493.84
CSU:CA Constellation Software Inc

-47.91 (-3.82%)

CAD26.60B 79.88 39.77
OTEX:CA Open Text Corporation

-4.05 (-8.10%)

CAD11.51B 35.24 16.60
CDAY:CA Ceridian HCM Holding Inc

-4.85 (-6.66%)

CAD10.20B 128.28 89.01
DSG:CA The Descartes Systems Group In..

-1.95 (-4.24%)

CAD3.71B 97.89 32.66
KXS:CA Kinaxis Inc

N/A

CAD2.77B 120.61 64.63
ENGH:CA Enghouse Systems Limited

+0.34 (+0.80%)

CAD2.32B 32.25 20.32
LSPD:CA Lightspeed POS Inc

-4.04 (-17.01%)

CAD1.85B N/A -46.84
REAL:CA Real Matters Inc

-0.12 (-0.86%)

CAD0.96B 103.49 21.18
CMG:CA Computer Modelling Group Ltd

-0.70 (-15.49%)

CAD0.35B 15.94 11.21

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 -6.32% 71% C- 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return -6.32% 71% C- 87% B+
Trailing 12 Months  
Capital Gain -9.94% 44% F 70% C-
Dividend Return 2.65% 83% B 80% B-
Total Return -7.29% 50% F 74% C
Trailing 5 Years  
Capital Gain -17.76% 50% F 52% F
Dividend Return 15.14% 100% A+ 58% F
Total Return -2.62% 50% F 54% F
Average Annual (5 Year Horizon)  
Capital Gain 2.59% 29% F 41% F
Dividend Return 4.25% 100% A+ 80% B-
Total Return 6.82% 29% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 17.43% 76% C 43% F
Risk Adjusted Return 39.16% 41% F 36% F
Market Capitalization 0.35B 47% F 65% D
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 33.75 75% C 13% F
Price/Book Ratio N/A N/A N/A N/A N/A
Price / Cash Flow Ratio 34.45 47% F 2% F
EV/EBITDA 18.62 50% F 10% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital -13.76% 29% F 12% F
Return on Assets 9.67% 82% B- 94% A
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 2.54 41% F 34% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.82 65% D 57% 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:
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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.

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 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