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NASDAQ: ABST
Absolute Software Corp Stock

$7.53-0.08 (-1.05%)
Updated Mar 22, 2023
ABST Price
$7.53
Fair Value Price
$8.44
Market Cap
$396.83M
52 Week Low
$6.79
52 Week High
$12.59
P/E
-13.69x
P/B
-45.35x
P/S
2.54x
PEG
N/A
Dividend Yield
2.72%
Revenue
$215.27M
Earnings
-$28.67M
Gross Margin
81.5%
Operating Margin
-2.98%
Profit Margin
-13.3%
Debt to Equity
-61.98
Operating Cash Flow
$42M
Beta
1.05
Next Earnings
May 8, 2023
Ex-Dividend
N/A
Next Dividend
N/A

ABST Overview

Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ABST scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ABST ($7.53) is undervalued by 10.83% relative to our estimate of its Fair Value price of $8.44 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ABST ($7.53) is not significantly undervalued (10.83%) relative to our estimate of its Fair Value price of $8.44 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ABST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ABST News

Valuation

ABST fair value

Fair Value of ABST stock based on Discounted Cash Flow (DCF)
Price
$7.53
Fair Value
$8.44
Undervalued by
10.83%
ABST ($7.53) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ABST ($7.53) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ABST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ABST price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-13.69x
Industry
149.66x
Market
22.44x

ABST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-45.35x
Industry
5.01x

ABST's financial health

Profit margin

Revenue
$57.2M
Net Income
-$7.0M
Profit Margin
-12.2%
ABST's Earnings (EBIT) of -$6.42M... subscribe to Premium to read more.
Interest Coverage Financials
ABST's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$533.6M
Liabilities
$542.3M
Debt to equity
-61.98
ABST's short-term liabilities ($177.74M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ABST's long-term liabilities ($364.60M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ABST's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ABST's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$904.0k
Investing
-$145.0k
Financing
-$18.4M
ABST's operating cash flow ($41.78M)... subscribe to Premium to read more.
Debt Coverage Financials

ABST vs App Stocks

TickerMarket Cap1d %P/EP/B
ABST$396.83M-1.05%-13.69x-45.35x
MITK$394.53M-2.21%58.87x2.23x
DOMO$404.18M-5.95%-3.29x-2.77x
SOUN$380.00M-3.03%-0.24x-26.43x
AMSWA$419.54M-2.74%38.81x3.11x

Absolute Software Stock FAQ

What is Absolute Software's quote symbol?

NASDAQ: ABST) Absolute Software trades on the NASDAQ under the ticker symbol ABST. Absolute Software stock quotes can also be displayed as NASDAQ: ABST.

If you're new to stock investing, here's how to buy Absolute Software stock.

What is the 52 week high and low for Absolute Software (NASDAQ: ABST)?

(NASDAQ: ABST) Absolute Software's 52-week high was $12.59, and its 52-week low was $6.79. It is currently -40.17% from its 52-week high and 10.9% from its 52-week low.

How much is Absolute Software stock worth today?

(NASDAQ: ABST) Absolute Software currently has 52,700,000 outstanding shares. With Absolute Software stock trading at $7.53 per share, the total value of Absolute Software stock (market capitalization) is $396.83M.

Absolute Software stock was originally listed at a price of $11.10 in Oct 28, 2020. If you had invested in Absolute Software stock at $11.10, your return over the last 2 years would have been -32.16%, for an annualized return of -17.64% (not including any dividends or dividend reinvestments).

How much is Absolute Software's stock price per share?

(NASDAQ: ABST) Absolute Software stock price per share is $7.53 today (as of Mar 22, 2023).

What is Absolute Software's Market Cap?

(NASDAQ: ABST) Absolute Software's market cap is $396.83M, as of Mar 24, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Absolute Software's market cap is calculated by multiplying ABST's current stock price of $7.53 by ABST's total outstanding shares of 52,700,000.
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