ABO Financial Statements From 2010 to 2024
| ABO Stock | EUR 5.00 0.02 0.40% |
Check ABO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABO's main balance sheet or income statement drivers, such as , as well as many indicators such as . ABO financial statements analysis is a perfect complement when working with ABO Valuation or Volatility modules.
ABO |
ABO Group Company Current Valuation Analysis
ABO's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ABO Current Valuation | 73.89 M |
Most of ABO's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ABO Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ABO Group has a Current Valuation of 73.89 M. This is 98.99% lower than that of the Commercial Services & Supplies sector and 99.22% lower than that of the Industrials industry. The current valuation for all Belgium stocks is 99.56% higher than that of the company.
ABO Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ABO's current stock value. Our valuation model uses many indicators to compare ABO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ABO competition to find correlations between indicators driving ABO's intrinsic value. More Info.ABO Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ABO Group is roughly 4.01 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ABO's earnings, one of the primary drivers of an investment's value.About ABO Financial Statements
ABO shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although ABO investors may analyze each financial statement separately, they are all interrelated. The changes in ABO's assets and liabilities, for example, are also reflected in the revenues and expenses on on ABO's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
ABO-Group Environment NV provides integrated consulting and testing services in the areas of soil, environment, geotechnics, energy, and waste. Further, it provides waste management solutions comprising municipal solid waste management, integrated waste treatment facility design, enhanced landfill mining and waste recycling, life-cycle analysis, hazardous waste and asbestos inventory, and industrial liquid waste treatment design services. ABO GROUP operates under Waste Management classification in Belgium and is traded on Brussels Stock Exchange. It employs 364 people.
Pair Trading with ABO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABO will appreciate offsetting losses from the drop in the long position's value.Moving together with ABO Stock
| 0.79 | DISL | Immobiliere Distri Land | PairCorr |
| 0.61 | BANI | Banimmo SA | PairCorr |
| 0.72 | MELE | Melexis NV | PairCorr |
| 0.63 | VGP | VGP NV | PairCorr |
The ability to find closely correlated positions to ABO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABO Group to buy it.
The correlation of ABO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABO Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ABO Stock Analysis
When running ABO's price analysis, check to measure ABO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABO is operating at the current time. Most of ABO's value examination focuses on studying past and present price action to predict the probability of ABO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABO's price. Additionally, you may evaluate how the addition of ABO to your portfolios can decrease your overall portfolio volatility.