ABSO 📈 Absolent Group AB - Overview
Exchange: ST • Country: Sweden • Currency: SEK • Type: Common Stock • ISIN: SE0006256558
ABSO: Filtration Units, Hoods, Fire Extinguishers, Air Purifiers, Kitchen Systems
Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration units. Its air cleaning solutions are used to separate air pollutants in a range of industries, including aerospace, automotive, chemical, electronics, pharmaceutical, woodworking, and food industries as well as in power generation, contract manufacturing, dental laboratories, hotels, and restaurants. The company's commercial kitchen systems handle harmful airborne particles and gases generated from cooking activities, as well as products portfolio comprise hoods, filtration technologies, and fire extinguishing systems. It offers its products under the Absolent, Aerofil, Airmaid, Avani, Dustcheck, Diversitech, Filtermist, Jeven, Kerstar, Nu-Air, Tessu and Quatro brand names. Absolent Air Care Group AB (publ) operates in Sweden, the United Kingdom, Canada, China, the United States, Germany, the Netherlands, Finland, France, India, Switzerland, Japan, Hong Kong, Italy, and Norway. The company was founded in 1993 is headquartered in Gothenburg, Sweden. Absolent Air Care Group AB (publ) is a subsidiary of Mexab Industri AB. Web URL: https://absolentgroup.com
Additional Sources for ABSO Stock
ABSO Stock Overview
| Market Cap in USD | 243m |
| Sector | Industrials |
| Industry | Pollution & Treatment Controls |
| GiC Sub-Industry | Building Products |
| IPO / Inception |
ABSO Stock Ratings
| Growth 5y | -57.0% |
| Fundamental | 62.2% |
| Dividend | 54.1% |
| Rel. Strength Industry | -25522 |
| Analysts | - |
| Fair Price Momentum | 211.09 SEK |
| Fair Price DCF | 333.85 SEK |
ABSO Dividends
| Dividend Yield 12m | 1.21% |
| Yield on Cost 5y | 0.74% |
| Annual Growth 5y | 12.89% |
| Payout Consistency | 80.0% |
ABSO Growth Ratios
| Growth Correlation 3m | -87.2% |
| Growth Correlation 12m | -75.6% |
| Growth Correlation 5y | -31.3% |
| CAGR 5y | -9.21% |
| CAGR/Mean DD 5y | -0.45 |
| Sharpe Ratio 12m | -1.59 |
| Alpha | -50.29 |
| Beta | 0.45 |
| Volatility | 35.55% |
| Current Volume | 3.1k |
| Average Volume 20d | 5.5k |
What is the price of ABSO stocks?
As of December 22, 2024, the stock is trading at SEK 251.00 with a total of 3,083 shares traded.
Over the past week, the price has changed by +1.22%, over one month by +2.06%, over three months by -23.69% and over the past year by -38.37%.
As of December 22, 2024, the stock is trading at SEK 251.00 with a total of 3,083 shares traded.
Over the past week, the price has changed by +1.22%, over one month by +2.06%, over three months by -23.69% and over the past year by -38.37%.
Is Absolent Group AB a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Absolent Group AB (ST:ABSO) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 62.22 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ABSO as of December 2024 is 211.09. This means that ABSO is currently overvalued and has a potential downside of -15.9%.
Yes, based on ValueRay Fundamental Analyses, Absolent Group AB (ST:ABSO) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 62.22 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ABSO as of December 2024 is 211.09. This means that ABSO is currently overvalued and has a potential downside of -15.9%.
Is ABSO a buy, sell or hold?
Absolent Group AB has no consensus analysts rating.
Absolent Group AB has no consensus analysts rating.
What are the forecast for ABSO stock price target?
According to ValueRays Forecast Model, ABSO Absolent Group AB will be worth about 229.7 in December 2025. The stock is currently trading at 251.00. This means that the stock has a potential downside of -8.48%.
According to ValueRays Forecast Model, ABSO Absolent Group AB will be worth about 229.7 in December 2025. The stock is currently trading at 251.00. This means that the stock has a potential downside of -8.48%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 402 | 60.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 229.7 | -8.5% |