ABM Competitors
| ABM Stock | USD 46.77 0.79 1.66% |
ABM Industries vs Geo Correlation
Very weak diversification
The correlation between ABM Industries Incorporated and GEO is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ABM Industries Incorporated and GEO in the same portfolio, assuming nothing else is changed.
Moving together with ABM Stock
Moving against ABM Stock
| 0.53 | 0RFX | Bell Food Group Earnings Call This Week | PairCorr |
| 0.52 | TMIP | Taylor Maritime Inve | PairCorr |
| 0.48 | 0HEJ | American Homes 4 | PairCorr |
| 0.35 | 36E | GFL ENVIRONM Earnings Call Tomorrow | PairCorr |
| 0.31 | 3T61 | ABO GROUP ENVIRONMENT | PairCorr |
ABM Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ABM Industries and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of ABM and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ABM Industries does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ABM Stock performing well and ABM Industries Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ABM Industries' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UNF | 1.48 | 0.39 | 0.25 | 0.73 | 0.99 | 2.89 | 19.40 | |||
| CBZ | 2.06 | (0.78) | 0.00 | (0.62) | 0.00 | 3.41 | 14.71 | |||
| MGRC | 1.42 | 0.03 | 0.03 | 0.11 | 1.55 | 3.75 | 10.26 | |||
| HURN | 1.32 | (0.14) | 0.00 | (0.20) | 0.00 | 2.39 | 9.69 | |||
| CAAP | 1.50 | 0.39 | 0.25 | 0.54 | 1.02 | 4.22 | 8.44 | |||
| FA | 2.34 | (0.31) | 0.00 | (0.10) | 0.00 | 4.29 | 15.08 | |||
| REVG | 1.67 | 0.06 | 0.00 | 0.43 | 2.49 | 3.47 | 10.23 | |||
| TNET | 1.81 | (0.22) | 0.00 | (0.10) | 0.00 | 3.69 | 12.80 | |||
| HAFN | 1.41 | 0.15 | 0.03 | (1.77) | 1.67 | 2.83 | 8.51 | |||
| GEO | 1.88 | (0.09) | (0.03) | (0.01) | 2.82 | 4.14 | 14.08 |
Cross Equities Net Income Analysis
Compare ABM Industries and related stocks such as Unifirst, CBIZ Inc, and McGrath RentCorp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNF | 6.1 M | 95 M | 116.7 M | 119.9 M | 124.3 M | 125 M | 70.2 M | 163.9 M | 179.1 M | 135.8 M | 151.1 M | 103.4 M | 103.7 M | 145.5 M | 148.3 M | 170.5 M | 179 M |
| CBZ | 2.5 M | 28 M | 31.1 M | 85.9 M | 29.8 M | 34.1 M | 40.1 M | 50.4 M | 61.6 M | 70.7 M | 78.3 M | 70.9 M | 105.4 M | 121 M | 41 M | 47.2 M | 31.7 M |
| MGRC | 3 M | 49.6 M | 44.8 M | 43.4 M | 45.7 M | 40.5 M | 38.3 M | 153.9 M | 79.4 M | 96.8 M | 102 M | 89.7 M | 115.1 M | 174.6 M | 231.7 M | 266.5 M | 279.8 M |
| HURN | (4.2 M) | 20.5 M | 36.4 M | 66.4 M | 79.1 M | 59.1 M | 37.6 M | (170.1 M) | 13.6 M | 41.7 M | (23.7 M) | 63 M | 75.6 M | 62.5 M | 116.6 M | 134.1 M | 140.8 M |
| CAAP | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 105.5 M | 33.8 M | 63.5 M | 7.1 M | (5.8 M) | (361.9 M) | (159.8 M) | 168.2 M | 239.5 M | 282.7 M | 325.1 M | 341.3 M |
| FA | (336 K) | 34.2 M | 34.2 M | 34.2 M | 34.2 M | 34.2 M | 34.2 M | 34.2 M | 34.2 M | 34.2 M | (84 M) | 16.1 M | 64.6 M | 37.3 M | (110.3 M) | (99.2 M) | (94.3 M) |
| REVG | 25 M | 25 M | 25 M | 1.5 M | 22.9 M | 30.2 M | 31.4 M | 13 M | (13.1 M) | (30.5 M) | 44.4 M | 15.2 M | 45.3 M | 257.6 M | 95.2 M | 109.5 M | 115 M |
| TNET | 14.8 M | 14.8 M | 31.8 M | 13.1 M | 15.5 M | 31.7 M | 61.4 M | 178 M | 192 M | 212 M | 272 M | 338 M | 355 M | 375 M | 173 M | 198.9 M | 177.8 M |
| HAFN | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | 3 M | (19.8 M) | 71.7 M | 148.8 M | (55.5 M) | 751.6 M | 793.3 M | 774 M | 890.1 M | 934.6 M |
| GEO | 800 K | 78.6 M | 134.8 M | 115.1 M | 143.9 M | 139.4 M | 148.7 M | 146.2 M | 145.1 M | 166.6 M | 113 M | 77.4 M | 171.8 M | 107.3 M | 32 M | 36.8 M | 34.9 M |
ABM Industries and related stocks such as Unifirst, CBIZ Inc, and McGrath RentCorp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ABM Industries financial statement analysis. It represents the amount of money remaining after all of ABM Industries Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ABM Industries Competitive Analysis
The better you understand ABM Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ABM Industries' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ABM Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
ABM Industries Competition Performance Charts
Five steps to successful analysis of ABM Industries Competition
ABM Industries' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ABM Industries in relation to its competition. ABM Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ABM Industries in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ABM Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ABM Industries, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out ABM Industries Correlation with its peers. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Environmental & Facilities Services sector continue expanding? Could ABM diversify its offerings? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ABM Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 8.554 | Dividend Share 1.06 | Earnings Share 2.55 | Revenue Per Share | Quarterly Revenue Growth 0.054 |
ABM Industries's market price often diverges from its book value, the accounting figure shown on ABM's balance sheet. Smart investors calculate ABM Industries' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since ABM Industries' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that ABM Industries' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether ABM Industries represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.