ABL GROUP ASA (ABL.OL) Stock Fundamental Analysis
OSL:ABL - Euronext Oslo - NO0010715394 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to ABL. ABL was compared to 35 industry peers in the Energy Equipment & Services industry. The financial health of ABL is average, but there are quite some concerns on its profitability. ABL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
ABL had positive earnings in the past year.
ABL had a positive operating cash flow in the past year.
ABL had positive earnings in each of the past 5 years.
ABL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ABL's Return On Assets of 2.39% is on the low side compared to the rest of the industry. ABL is outperformed by 68.57% of its industry peers.
The Return On Equity of ABL (4.47%) is worse than 74.29% of its industry peers.
ABL has a worse Return On Invested Capital (5.98%) than 65.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ABL is in line with the industry average of 10.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 4.47% | ||
| ROIC | 5.98% |
ROA(3y)4.02%
ROA(5y)3.23%
ROE(3y)7.36%
ROE(5y)5.85%
ROIC(3y)8.45%
ROIC(5y)6.76%
1.3 Margins
The Profit Margin of ABL (1.43%) is worse than 82.86% of its industry peers.
In the last couple of years the Profit Margin of ABL has declined.
ABL's Operating Margin of 3.47% is on the low side compared to the rest of the industry. ABL is outperformed by 82.86% of its industry peers.
ABL's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.47% | ||
| PM (TTM) | 1.43% | ||
| GM | N/A |
OM growth 3Y-10.78%
OM growth 5YN/A
PM growth 3Y-11.32%
PM growth 5Y-38.18%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ABL is creating some value.
The number of shares outstanding for ABL has been increased compared to 1 year ago.
ABL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABL has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ABL is 3.48, which is a good value as it means it would take ABL, 3.48 years of fcf income to pay off all of its debts.
ABL has a better Debt to FCF ratio (3.48) than 71.43% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that ABL is not too dependend on debt financing.
ABL has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. ABL outperforms 82.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | N/A |
ROIC/WACC0.76
WACC7.89%
2.3 Liquidity
A Current Ratio of 1.54 indicates that ABL should not have too much problems paying its short term obligations.
ABL's Current ratio of 1.54 is in line compared to the rest of the industry. ABL outperforms 54.29% of its industry peers.
A Quick Ratio of 1.54 indicates that ABL should not have too much problems paying its short term obligations.
ABL has a Quick ratio of 1.54. This is in the better half of the industry: ABL outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
ABL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.61%.
ABL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.92% yearly.
ABL shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.24%.
ABL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 41.39% yearly.
EPS 1Y (TTM)-44.61%
EPS 3Y-7.17%
EPS 5Y-25.92%
EPS Q2Q%100%
Revenue 1Y (TTM)23.24%
Revenue growth 3Y27.11%
Revenue growth 5Y41.39%
Sales Q2Q%26.85%
3.2 Future
Based on estimates for the next years, ABL will show a very strong growth in Earnings Per Share. The EPS will grow by 21.72% on average per year.
Based on estimates for the next years, ABL will show a quite strong growth in Revenue. The Revenue will grow by 10.65% on average per year.
EPS Next Y89.37%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
EPS Next 5YN/A
Revenue Next Year20.06%
Revenue Next 2Y12.68%
Revenue Next 3Y10.65%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.45, ABL is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of ABL indicates a slightly more expensive valuation: ABL is more expensive than 62.86% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ABL to the average of the S&P500 Index (28.79), we can say ABL is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 8.65, the valuation of ABL can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as ABL.
ABL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.45 | ||
| Fwd PE | 8.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ABL is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ABL is valued a bit more expensive than the industry average as 68.57% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.49 | ||
| EV/EBITDA | 7.4 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ABL's earnings are expected to grow with 21.72% in the coming years.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y47.12%
EPS Next 3Y21.72%
5. Dividend
5.1 Amount
ABL has a Yearly Dividend Yield of 4.64%, which is a nice return.
Compared to an average industry Dividend Yield of 7.66, ABL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, ABL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ABL pays out 222.72% of its income as dividend. This is not a sustainable payout ratio.
DP222.72%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
OSL:ABL (4/25/2025, 7:00:00 PM)
9.54
-0.16 (-1.65%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners22.38%
Inst Owner ChangeN/A
Ins Owners8.91%
Ins Owner ChangeN/A
Market Cap1.25B
Analysts80
Price Target12.5 (31.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
Yearly Dividend0.81
Dividend Growth(5Y)N/A
DP222.72%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-19.14%
Min EPS beat(2)-70.3%
Max EPS beat(2)32.01%
EPS beat(4)1
Avg EPS beat(4)-34.82%
Min EPS beat(4)-70.3%
Max EPS beat(4)32.01%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-3.36%
Max Revenue beat(2)3.48%
Revenue beat(4)1
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-8.25%
Max Revenue beat(4)3.48%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-5.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.55%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.45 | ||
| Fwd PE | 8.65 | ||
| P/S | 0.39 | ||
| P/FCF | 18.49 | ||
| P/OCF | 12.17 | ||
| P/B | 1.21 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 7.4 |
EPS(TTM)0.58
EY6.08%
EPS(NY)1.1
Fwd EY11.56%
FCF(TTM)0.52
FCFY5.41%
OCF(TTM)0.78
OCFY8.21%
SpS24.56
BVpS7.86
TBVpS2.67
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 4.47% | ||
| ROCE | 9.17% | ||
| ROIC | 5.98% | ||
| ROICexc | 7.17% | ||
| ROICexgc | 21.65% | ||
| OM | 3.47% | ||
| PM (TTM) | 1.43% | ||
| GM | N/A | ||
| FCFM | 2.1% |
ROA(3y)4.02%
ROA(5y)3.23%
ROE(3y)7.36%
ROE(5y)5.85%
ROIC(3y)8.45%
ROIC(5y)6.76%
ROICexc(3y)11.83%
ROICexc(5y)9.49%
ROICexgc(3y)30.33%
ROICexgc(5y)22.87%
ROCE(3y)12.96%
ROCE(5y)10.37%
ROICexcg growth 3Y13.31%
ROICexcg growth 5YN/A
ROICexc growth 3Y-3.76%
ROICexc growth 5YN/A
OM growth 3Y-10.78%
OM growth 5YN/A
PM growth 3Y-11.32%
PM growth 5Y-38.18%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover1.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 3.48 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 55.44% | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 58.65% | ||
| Profit Quality | 146.91% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | N/A |
F-Score5
WACC7.89%
ROIC/WACC0.76
Cap/Depr(3y)52.28%
Cap/Depr(5y)36.23%
Cap/Sales(3y)1.05%
Cap/Sales(5y)0.74%
Profit Quality(3y)176.15%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.61%
EPS 3Y-7.17%
EPS 5Y-25.92%
EPS Q2Q%100%
EPS Next Y89.37%
EPS Next 2Y47.12%
EPS Next 3Y21.72%
EPS Next 5YN/A
Revenue 1Y (TTM)23.24%
Revenue growth 3Y27.11%
Revenue growth 5Y41.39%
Sales Q2Q%26.85%
Revenue Next Year20.06%
Revenue Next 2Y12.68%
Revenue Next 3Y10.65%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y13.41%
EBIT growth 5YN/A
EBIT Next Year100%
EBIT Next 3Y40.65%
EBIT Next 5YN/A
FCF growth 1Y-28.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.49%
OCF growth 3Y223.06%
OCF growth 5YN/A