FLS Stock Analysis: FLSmidth & Co. | CO
Specialty Industrial Machinery | CO, Denmark | Market Cap: 24.824m DKK | 12M Return: 21.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 46.7M
EPS Trend: 41.3%
Qual. Beats: 1
Rev. Trend: -97.1%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FLSmidth & Co. A/S is a Denmark-based supplier of flowsheet technology and service solutions to the global mining industry, founded in 1882 and headquartered in Copenhagen. It operates through three segments-Service, Products, and Pumps, Cyclones & Valves (PC&V)-offering a broad portfolio that includes mineral processing and crushing equipment (hydrocyclones, crushers, mills, flotation cells), filtration and separation systems, kilns and dryers, pumps and valves, laboratory and process automation equipment, as well as consumables, spare parts, digital services, mining education, and field services. The company serves customers across the Americas, Europe, the Middle East, Africa, and Asia, and was renamed from FLS Industries to FLSmidth & Co. A/S in January 2005.
Business model context: FLSmidth follows an integrated flowsheet model, combining capital equipment sales with recurring aftermarket revenue from spare parts, consumables, and service contracts-an approach that ties customer outcomes (throughput, recovery, energy efficiency) to long-term service relationships across the mine lifecycle.
- Copper demand from energy transition lifts mining equipment orders
- Service segment shift drives higher margin recurring revenue
- Mining capex cycle recovery boosts Products and PC&V segment growth
| Net Income: 638.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.80 > 1.0 |
| NWC/Revenue: 14.66% < 20% (prev 9.30%; Δ 5.35% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.11b > Net Income 638.0m |
| Net Debt (2.19b) to EBITDA (2.97b): 0.74 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.7m) vs 12m ago -3.80% < -2% |
| Gross Margin: 32.31% > 18% (prev 32.97%; Δ -0.67% > 0.5%) |
| Asset Turnover: 58.07% > 50% (prev 76.11%; Δ -18.04% > 0%) |
| Interest Coverage Ratio: 2.02 > 6 (EBIT TTM 2.42b / Interest Expense TTM 1.20b) |
| A: 0.09 (Total Current Assets 10.8b - Total Current Liabilities 8.69b) / Total Assets 22.5b |
| B: 0.46 (Retained Earnings 10.4b / Total Assets 22.5b) |
| C: 0.10 (EBIT TTM 2.42b / Avg Total Assets 24.4b) |
| D: 0.82 (Book Value of Equity 10.1b / Total Liabilities 12.4b) |
| Altman-Z'' = 3.64 = AA |
| DSRI: 1.10 (Receivables 3.78b/4.86b, Revenue 14.2b/20.1b) |
| GMI: 1.02 (GM 32.97% / 32.31%) |
| AQI: 1.00 (AQ_t 0.41 / AQ_t-1 0.41) |
| SGI: 0.71 (Revenue 14.2b / 20.1b) |
| TATA: -0.02 (NI 638.0m - CFO 1.11b) / TA 22.5b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at DKK 476.00 with a total of 90,664 shares traded. Over the past week, the price has changed by +3.93%, over one month by +2.67%, over three months by -1.86% and over the past year by +21.08%.
Current recommended Stop Loss: 452.20 (which is 5% or 1.7 ATR below the current price).
FLSmidth & Co. has no consensus analysts rating.
P/E Trailing = 18.5714
P/E Forward = 17.3611
P/S = 1.7502
P/B = 2.4341
P/EG = 2.2886
Revenue TTM = 14.2b DKK
EBIT TTM = 2.42b DKK
EBITDA TTM = 2.97b DKK
Long Term Debt = 2.02b DKK (from longTermDebt, last quarter)
Short Term Debt = 219.0m DKK (from shortTermDebt, last quarter)
Debt = 2.74b DKK (from shortLongTermDebtTotal, last quarter) + Leases 297.0m
Net Debt = 2.19b DKK (calculated: Debt 2.74b - CCE 554.0m)
Enterprise Value = 27.0b DKK (24.8b + Debt 2.74b - CCE 554.0m)
Interest Coverage Ratio = 2.02 (Ebit TTM 2.42b / Interest Expense TTM 1.20b)
EV/FCF = 43.57x (Enterprise Value 27.0b / FCF TTM 620.0m)
FCF Yield = 2.30% (FCF TTM 620.0m / Enterprise Value 27.0b)
FCF Margin = 4.37% (FCF TTM 620.0m / Revenue TTM 14.2b)
Net Margin = 4.50% (Net Income TTM 638.0m / Revenue TTM 14.2b)
Gross Margin = 32.31% ((Revenue TTM 14.2b - Cost of Revenue TTM 9.60b) / Revenue TTM)
Gross Margin QoQ = 32.30% (prev 30.03%)
Tobins Q-Ratio = 1.20 (Enterprise Value 27.0b / Total Assets 22.5b)
Interest Expense / Debt = 43.66% (Interest Expense 1.20b / Debt 2.74b)
Taxrate = 47.25% (1.24b / 2.63b)
NOPAT = 1.28b (EBIT 2.42b * (1 - 47.25%))
Current Ratio = 1.24 (Total Current Assets 10.8b / Total Current Liabilities 8.69b)
Debt / Equity = 0.27 (Debt 2.74b / totalStockholderEquity, last quarter 10.1b)
Debt / EBITDA = 0.74 (Net Debt 2.19b / EBITDA 2.97b)
Debt / FCF = 3.53 (Net Debt 2.19b / FCF TTM 620.0m)
Total Stockholder Equity = 10.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.61% (Net Income 638.0m / Total Assets 22.5b)
RoE = 6.36% (Net Income TTM 638.0m / Total Stockholder Equity 10.0b)
RoCE = 20.10% (EBIT 2.42b / Capital Employed (Equity 10.0b + L.T.Debt 2.02b))
RoIC = 9.50% (NOPAT 1.28b / Invested Capital 13.4b)
WACC = 10.73% (E(24.8b)/V(27.6b) * Re(9.37%) + D(2.74b)/V(27.6b) * Rd(43.66%) * (1-Tc(0.47)))
Discount Rate = 9.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -66.83 | Cagr: -1.59%
[DCF] Terminal Value 70.67% ; FCFF base≈473.6m ; Y1≈542.9m ; Y5≈799.0m
[DCF] Fair Price = 116.9 (EV 8.46b - Net Debt 2.19b = Equity 6.27b / Shares 53.6m; r=10.73% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 41.27 | EPS CAGR: 15.03% | SUE: 0.85 | # QB: 1
Revenue Correlation: -97.13 | Revenue CAGR: -17.69% | SUE: -1.31 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=6.31 | Chg30d=+1.73% | Revisions=+25% | Analysts=4
EPS current Year (2026-12-31): EPS=31.71 | Chg30d=+13.01% | Revisions=+17% | GrowthEPS=+156.6% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=33.20 | Chg30d=+3.20% | Revisions=+17% | GrowthEPS=+4.7% | GrowthRev=+8.9%
[Analyst] Revisions Ratio: +30% (up=5, down=2)