ABM Net Tangible Assets from 2010 to 2024
ABM Stock | USD 56.71 0.33 0.59% |
Net Tangible Assets | First Reported 2010-07-31 | Previous Quarter -957 M | Current Value -994.3 M | Quarterly Volatility 604.9 M |
Check ABM Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.7 M, Interest Expense of 99.4 M or Selling General Administrative of 691.7 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0255 or PTB Ratio of 1.34. ABM financial statements analysis is a perfect complement when working with ABM Industries Valuation or Volatility modules.
ABM | Net Tangible Assets |
Latest ABM Industries' Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of ABM Industries Incorporated over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. ABM Industries' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ABM Industries' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
Timeline |
ABM Net Tangible Assets Regression Statistics
Arithmetic Mean | (345,018,567) | |
Geometric Mean | 245,829,150 | |
Coefficient Of Variation | (182.16) | |
Mean Deviation | 490,606,396 | |
Median | (410,800,000) | |
Standard Deviation | 628,489,117 | |
Sample Variance | 394998.6T | |
Range | 2.4B | |
R-Value | (0.37) | |
Mean Square Error | 367814.1T | |
R-Squared | 0.14 | |
Significance | 0.18 | |
Slope | (51,699,577) | |
Total Sum of Squares | 5529980T |
ABM Net Tangible Assets History
About ABM Industries Financial Statements
ABM Industries investors utilize fundamental indicators, such as Net Tangible Assets, to predict how ABM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Net Tangible Assets | -894.9 M | -850.1 M |
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Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.895 | Earnings Share 2.42 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 |
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.