ABT : Absolute Software Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Absolute Software Corporation trades with the ticker ABT on the TSX and is in the Software – Application industry.

Overview
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 provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools, as well as for reporting and analytics, geotechnology, and endpoint investigation and recovery applications. It also provides professional, technical support, and investigation services. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, financial services, healthcare sectors, and consumers. It operates in North America, Europe, and Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.
 

Looking to invest in Absolute Software Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ABT.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $646.928MM

PE Ratio: 63.417

Price: 120.19 (Updated: 3/12/2024 0:47:16)



Absolute Software Corporation (ABT) vs Competitors in Software – Application

Lets see how ABT.TO stacks up against others in the Software – Application asset management industry. We have identified its main peers as:

NexJ Systems Inc, CounterPath Corporation

.

Software – Application Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Absolute Software Corporation (ABT) $646.928 63.417 28.327 2.0%
NexJ Systems Inc (NXJ) $11.528 N/A -3.514 0.0%
CounterPath Corporation (PATH) $26.802 39.252 25.644 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Software – Application

  • Absolute Software Corporation (ABT) vs NexJ Systems Inc (NXJ)
    • ABT has higher EPS (0.24 vs -0.04). ABT has higher dividend yield (2.0% vs 0.0%). NXJ has a P/E under 0, indicating ABT (P/E 63.417) is in a better position.
  • Absolute Software Corporation (ABT) vs CounterPath Corporation (PATH)
    • ABT has higher EPS (0.24 vs 0.107). ABT has higher dividend yield (2.0% vs 0.0%). ABT has a higher P/E ratio (63.417 vs 39.252) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy ABT stock on the TSX

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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