Abacus Global Management, Inc. (ABX)

Abacus Global Management Statistics

Total Valuation

ABX has a market cap or net worth of $810.37 million. The enterprise value is $1.15 billion.

Market Cap	810.37M
Enterprise Value	1.15B

Important Dates

The last earnings date was Wednesday, November 6, 2019, before market open.

Earnings Date	Nov 6, 2019
Ex-Dividend Date	Dec 2, 2025

Share Statistics

ABX has 97.75 million shares outstanding. The number of shares has increased by 40.82% in one year.

Current Share Class	97.75M
Shares Outstanding	97.75M
Shares Change (YoY)	+40.82%
Shares Change (QoQ)	-0.74%
Owned by Insiders (%)	66.62%
Owned by Institutions (%)	32.11%
Float	32.63M

Valuation Ratios

The trailing PE ratio is 69.90 and the forward PE ratio is 9.27.

PE Ratio	69.90
Forward PE	9.27
PS Ratio	3.97
Forward PS	n/a
PB Ratio	1.90
P/TBV Ratio	7.17
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	104.43
EV / Sales	5.87
EV / EBITDA	16.00
EV / EBIT	20.96
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.93, with a Debt / Equity ratio of 0.94.

Current Ratio	0.93
Quick Ratio	0.90
Debt / Equity	0.94
Debt / EBITDA	5.69
Debt / FCF	n/a
Interest Coverage	1.62

Financial Efficiency

Return on equity (ROE) is 3.18% and return on invested capital (ROIC) is 5.31%.

Return on Equity (ROE)	3.18%
Return on Assets (ROA)	4.92%
Return on Invested Capital (ROIC)	5.31%
Return on Capital Employed (ROCE)	7.14%
Revenue Per Employee	$1.25M
Profits Per Employee	$70,327
Employee Count	157
Asset Turnover	0.28
Inventory Turnover	n/a

Taxes

In the past 12 months, ABX has paid $13.90 million in taxes.

Income Tax	13.90M
Effective Tax Rate	55.65%

Stock Price Statistics

The stock price has increased by +6.97% in the last 52 weeks. The beta is -0.07, so ABX's price volatility has been lower than the market average.

Beta (5Y)	-0.07
52-Week Price Change	+6.97%
50-Day Moving Average	6.73
200-Day Moving Average	6.67
Relative Strength Index (RSI)	63.39
Average Volume (20 Days)	668,252

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, ABX had revenue of $196.55 million and earned $11.04 million in profits. Earnings per share was $0.12.

Revenue	196.55M
Gross Profit	172.01M
Operating Income	55.01M
Pretax Income	24.98M
Net Income	11.04M
EBITDA	72.09M
EBIT	55.01M
Earnings Per Share (EPS)	$0.12

Balance Sheet

The company has $86.42 million in cash and $414.48 million in debt, giving a net cash position of -$328.06 million or -$3.36 per share.

Cash & Cash Equivalents	86.42M
Total Debt	414.48M
Net Cash	-328.06M
Net Cash Per Share	-$3.36
Equity (Book Value)	439.59M
Book Value Per Share	4.45
Working Capital	-10.29M

Cash Flow

In the last 12 months, operating cash flow was -$110.22 million and capital expenditures -$1.01 million, giving a free cash flow of -$111.24 million.

Operating Cash Flow	-110.22M
Capital Expenditures	-1.01M
Free Cash Flow	-111.24M
FCF Per Share	-$1.14

Margins

Gross margin is 87.52%, with operating and profit margins of 27.99% and 5.62%.

Gross Margin	87.52%
Operating Margin	27.99%
Pretax Margin	12.71%
Profit Margin	5.62%
EBITDA Margin	36.68%
EBIT Margin	27.99%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 2.41%.

Dividend Per Share	$0.20
Dividend Yield	2.41%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	168.64%
Buyback Yield	-40.82%
Shareholder Yield	-38.46%
Earnings Yield	1.34%
FCF Yield	-13.48%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

ABX has an Altman Z-Score of 1.19 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.19
Piotroski F-Score	3