ABX Abacus Global Management Inc.

  1. Stocks
  2. Financial Services
  3. NYSE: ABX

Price (delayed)

$9.27

Market cap

$906.53M

P/E Ratio

31.97

Dividend/share

$0.2

EPS

$0.29

Enterprise value

$1.23B

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Relative Growth: Rel. Growth: 85
Relative Strength: Rel. Strength: 65
Relative Valuation: Rel. Valuation: 73
Relative Profitability: Rel. Profitability: 93
Highlights
ABX's gross profit has surged by 66% year-on-year and by 6% since the previous quarter
Abacus Global Management's revenue has surged by 65% YoY and by 7% QoQ
ABX's quick ratio has dropped by 64% since the previous quarter and by 4.9% year-on-year
The EPS has decreased by 28% from the previous quarter
Sector: Financial Services
Industry: Insurance - Life
Website: https://abacuslife.com
Peers: RYAN

Key stats

What are the main financial stats of ABX

ABX stock price

How has the Abacus Global Management stock price performed over time
Intraday
8.8%
1 week
-2.63%
1 month
-16.79%
1 year
47.61%
YTD
8.42%
QTD
-13.45%

Financial performance

How have Abacus Global Management's revenue and profit performed over time
Revenue
$267.28M
Gross profit
$236.22M
Operating income
$85.02M
Net income
$28.2M
Gross margin
88.4%
Net margin
10.5%
The operating income has surged by 179% year-on-year
Abacus Global Management's operating margin has soared by 68% YoY but it has decreased by 8% from the previous quarter
ABX's gross profit has surged by 66% year-on-year and by 6% since the previous quarter
Abacus Global Management's revenue has surged by 65% YoY and by 7% QoQ

Price vs fundamentals

How does ABX's price correlate with its fundamentals

Growth

What is Abacus Global Management's growth rate over time

Valuation

What is Abacus Global Management stock price valuation
ABX P/E details
P/E
31.97
P/B
2.05
P/S
3.31
EV/EBIT
14.52
EV/EBITDA
12.03
EV/Sales
4.59
ABX's price to earnings (P/E) is 34% lower than its last 4 quarters average of 48.4
The EPS has decreased by 28% from the previous quarter
The stock's P/B is 94% below its 5-year quarterly average of 31.8 but 8% above its last 4 quarters average of 1.9
ABX's equity is up by 4.3% year-on-year and by 4.1% since the previous quarter
The price to sales (P/S) is 88% less than the 5-year quarterly average of 28.1
Abacus Global Management's revenue has surged by 65% YoY and by 7% QoQ

Efficiency

How efficient is Abacus Global Management business performance
Abacus Global Management's return on invested capital has surged by 95% YoY but it has decreased by 14% QoQ
The ROS has increased by 41% YoY but it has decreased by 17% from the previous quarter
The ROA has contracted by 29% from the previous quarter
ABX's return on equity is down by 29% since the previous quarter

Dividends

What is ABX's dividend history
DPS
$0.2
Dividend yield
2.16%
Payout ratio
69%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Abacus Global Management financials performed over time
The company's total assets is 103% higher than its total liabilities
ABX's quick ratio has dropped by 64% since the previous quarter and by 4.9% year-on-year
Abacus Global Management's current ratio has shrunk by 63% QoQ and by 8% YoY
Abacus Global Management's debt is 21% less than its equity
The debt to equity has declined by 9% year-on-year and by 3.7% since the previous quarter
Abacus Global Management's debt has decreased by 5% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.