Absolute Software Valuation

ABSTDelisted Stock  USD 11.48  0.00  0.00%   
At this time, the firm appears to be overvalued. Absolute Software shows a prevailing Real Value of $8.97 per share. The current price of the firm is $11.48. Our model approximates the value of Absolute Software from analyzing the firm fundamentals such as Profit Margin of (0.12) %, current valuation of 827.11 M, and Return On Equity of -9.67 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
11.48
Please note that Absolute Software's price fluctuation is very steady at this time. Calculation of the real value of Absolute Software is based on 3 months time horizon. Increasing Absolute Software's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Absolute Software's intrinsic value may or may not be the same as its current market price of 11.48, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  11.48 Real  8.97 Hype  11.48
The intrinsic value of Absolute Software's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Absolute Software's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
8.97
Real Value
12.63
Upside
Estimating the potential upside or downside of Absolute Software helps investors to forecast how Absolute stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Absolute Software more accurately as focusing exclusively on Absolute Software's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
11.4811.4811.48
Details

Absolute Software Total Value Analysis

Absolute Software is presently projected to have valuation of 827.11 M with market capitalization of 613.62 M, debt of 277.14 M, and cash on hands of 64.03 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Absolute Software fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
827.11 M
613.62 M
277.14 M
64.03 M

Absolute Software Investor Information

About 82.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.5. Absolute Software last dividend was issued on the 10th of May 2023. The entity had 2:1 split on the 2nd of January 2008. Based on the measurements of operating efficiency obtained from Absolute Software's historical financial statements, Absolute Software is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.

Absolute Software Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of Absolute implies not a very effective usage of assets in November.

Absolute Software Ownership Allocation

Absolute Software holds a total of 53.12 Million outstanding shares. The majority of Absolute Software outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Absolute Software to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Absolute Software. Please pay attention to any change in the institutional holdings of Absolute Software as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Absolute Software Profitability Analysis

The company reported the previous year's revenue of 197.31 M. Net Loss for the year was (24.48 M) with profit before overhead, payroll, taxes, and interest of 160.54 M.

Absolute Software Past Distributions to stockholders

About Absolute Software Valuation

The delisted stock valuation mechanism determines Absolute Software's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Absolute Software based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Absolute Software. We calculate exposure to Absolute Software's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Absolute Software's related companies.
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. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.
Absolute Software's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Absolute Software's value is low or high relative to the company's performance and growth projections. Determining the market value of Absolute Software can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Absolute Software represents a small ownership stake in the entity. As a stockholder of Absolute, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Absolute Software Dividends Analysis For Valuation

Please note that Absolute Software has scaled down on payment of dividends at this time.
There are various types of dividends Absolute Software can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Absolute shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Absolute Software directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Absolute pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Absolute Software by the value of the dividends paid out.

Absolute Software Growth Indicators

Investing in growth stocks can be very risky. If the company such as Absolute Software does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding50.4 M
Quarterly Earnings Growth Y O Y-0.2
Forward Price Earnings285.7143
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Consideration for investing in Absolute Stock

If you are still planning to invest in Absolute Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Software's history and understand the potential risks before investing.
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