Head-To-Head Survey: Absolute Software (ALSWF) versus Its Peers

Earnings and Valuation

This table compares Absolute Software and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Absolute Software	$104.67 million	$10.64 million	0.12
Absolute Software Competitors	$1.81 billion	$387.36 million	72.46

Absolute Software’s competitors have higher revenue and earnings than Absolute Software. Absolute Software is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Absolute Software pays an annual dividend of $0.24 per share and has a dividend yield of 857.1%. Absolute Software pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Software” companies pay a dividend yield of 2.1% and pay out 50.7% of their earnings in the form of a dividend.

Profitability

This table compares Absolute Software and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Absolute Software	10.16%	-23.28%	9.44%
Absolute Software Competitors	-624.19%	42.89%	-8.23%

Risk and Volatility

Absolute Software has a beta of 1.05, meaning that its stock price is 5% more volatile than the S&P 500. Comparatively, Absolute Software’s competitors have a beta of 1.18, meaning that their average stock price is 18% more volatile than the S&P 500.

Institutional and Insider Ownership

1.2% of Absolute Software shares are held by institutional investors. Comparatively, 42.4% of shares of all “Software” companies are held by institutional investors. 19.9% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Absolute Software competitors beat Absolute Software on 8 of the 11 factors compared.

About Absolute Software

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook. The company was founded on November 24, 1993 and is headquartered in Vancouver, Canada.