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ABSO - Absolent AB Share Price

SEK367 3.0  0.8%

Last Trade - 2:46pm

Sector
Industrials
Size
Mid Cap
Market Cap £360.7m
Enterprise Value £378.8m
Revenue £97.0m
Position in Universe 468th / 1785
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +8.89%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -31.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
272.5 399.1 411.5 491.5 643.8 1,038 +30.7%
+7.7 +33.9 +13.4 +5.3 +53.4 +14.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Absolent Group AB revenues increased 33% to SEK279.1M. Net income decreased 89% to SEK3.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Selling Expenses increase of 89% to SEK58.1M (expense), Administrative Expenses increase of 74% to SEK33.2M (expense).
Health Trend(F-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Absolent Group AB is a Sweden-based company engaged in the development and production of filtration technology for the industrial process air. It offers products for filtration of air from metalworking machines, such as computer numerical control (CNC) and die casting machines, among others. Its products filter oil mist, smoke and dust in workshops and production facilities. The Company's offering comprises several brands based of various filtration technologies: Absolent AB, comprising filtration of particles in a mechanical filter mounted in an exchangeable cassette; Filtermist, based on centrifugal technology and installed directly on machines; and Bristol, including an electrostatic precipitator technology. The Company has several direct and indirect subsidiaries: Absolent Inc, Absolent (Beijing) Co Ltd, Filtermist International Ltd, Filtermist Asia Pte Ltd, Bristol Tool & Gauge International GmbH and Bristol Real Estate GmbH.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Public Since October 16, 2014
No. of Shareholders: n/a
No. of Employees: 531
Sector Industrials
Industry Professional & Commercial Services
Index
Exchange OMX Nordic Exchange Stockholm
Shares in Issue 11,320,968
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ABSO Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for ABSO
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Frequently Asked Questions for Absolent AB
What is the Absolent AB share price?

As of 2:46pm, shares in Absolent AB are trading at SEK367, giving the company a market capitalisation of £360.7m. This share price information is delayed by 15 minutes.

How has the Absolent AB share price performed this year?

Shares in Absolent AB are currently trading at SEK367 and the price has moved by -27.2% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Absolent AB price has moved by -23.56% over the past year.

What are the analyst and broker recommendations for Absolent AB?

There are no analysts currently covering Absolent AB.

When will Absolent AB next release its financial results?

Absolent AB is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Absolent AB dividend yield?

Absolent AB does not currently pay a dividend.

Does Absolent AB pay a dividend?

Absolent AB does not currently pay a dividend.

When does Absolent AB next pay dividends?

Absolent AB does not currently pay a dividend.

How do I buy Absolent AB shares?

To buy shares in Absolent AB you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Absolent AB?

Shares in Absolent AB are currently trading at SEK367, giving the company a market capitalisation of £360.7m.

Where are Absolent AB shares listed? Where are Absolent AB shares listed?

Here are the trading details for Absolent AB:

Country of listing: Sweden
Exchange: STO
Ticker Symbol: ABSO
What kind of share is Absolent AB?

Based on an overall assessment of its quality, value and momentum, Absolent AB is currently classified as a Falling Star. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Absolent AB share price forecast 2020?

We were not able to load any forecast data for Absolent AB.

How can I tell whether the Absolent AB share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Absolent AB. Over the past six months, the relative strength of its shares against the market has been 3.49%. At the current price of SEK367, shares in Absolent AB are trading at -8.4% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Absolent AB PE Ratio?

The Absolent AB PE ratio based on its reported earnings over the past 12 months is 36.45. The shares are currently trading at SEK367.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Absolent AB?

Absolent AB's management team is headed by:

Mikael Ekdahl - DRC
Joakim Westh - DRC
Per-Axel Fagerholm - DRC
Ola Burenius - CTR
James Stansfield - VPR
Marta Schorling Andreen - DRC
Axel Berntsson - PRE
Jan Berntsson - CTO
Anna Akerblad - CFO
Mattias Nurman - CIO
Johan Westman - DRC
Ida-Marie Holst - DHR
Liza Borjesson - OTH
Johannes Hallman - OTH
Who are the major shareholders of Absolent AB?

Here are the top five shareholders of Absolent AB based on the size of their shareholding:

Danske Capital Investment Advisor
Percentage owned: 1.51% (171k shares)
Fondsmæglerselskabet Investering & Tryghed A/S Investment Advisor
Percentage owned: 1.12% (127k shares)
ODIN Small Cap Mutual Fund
Percentage owned: 1.05% (119k shares)
ODIN Forvaltning AS Investment Advisor
Percentage owned: 1.05% (119k shares)
I&T Aktier KL Mutual Fund
Percentage owned: 0.99% (113k shares)
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