ASSA-B Stock Analysis: ASSA ABLOY (publ) | ST
Security & Protection Services | ST, Sweden | Market Cap: 384.773m SEK | 12M Return: 9.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 545M
EPS Trend: 95.7%
Qual. Beats: 0
Rev. Trend: 84.2%
Qual. Beats: 0
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.
ASSA ABLOY AB is a Stockholm-based Swedish company founded in 1881 that manufactures and sells door opening and access solutions across institutional, commercial, and residential markets worldwide. The company is organized into five operating divisions: Europe, the Middle East, India and Africa (EMEIA); North and South America (Americas); Asia and Oceania (Asia Pacific); Global Technologies; and Entrance Systems. It serves a wide range of end markets, including aviation, education, healthcare, government, finance, hospitality, mining, retail, transportation, and senior care.
The product portfolio spans physical hardware such as hinges, lever handles, mortise lockcases, panic exit devices, and door closers, alongside digital and electromechanical access technologies marketed under proprietary platforms including Aperio, CLIQ, Hi-O, Incedo, and Seos. The company also offers Openings Studio, a building information modeling (BIM) tool used by architects and specifiers to design and document door, frame, and hardware assemblies. ASSA ABLOY operates a multi-brand strategy, with products sold under names such as Yale, ABLOY, Vachette, TESA, Kwikset, Baldwin, Weiser, Sargent, HID, and Philips, and distributed primarily through wholesalers and security integrators. This brand-and-channel approach is typical of mature industrial conglomerates and allows the group to address both global specifications and local market preferences.
- Commercial construction weakness pressures Americas and EMEIA segment revenue
- Digital access adoption drives Global Technologies margin expansion
- Acquisition pipeline accelerates in fragmented access control market
| Net Income: 16.4b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.87 > 1.0 |
| NWC/Revenue: 0.55% < 20% (prev 3.28%; Δ -2.72% < -1%) |
| CFO/TA 0.11 > 3% & CFO 24.0b > Net Income 16.4b |
| Net Debt (74.6b) to EBITDA (30.9b): 2.41 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.11b) vs 12m ago 0.0% < -2% |
| Gross Margin: 43.14% > 18% (prev 42.04%; Δ 1.11% > 0.5%) |
| Asset Turnover: 68.46% > 50% (prev 71.34%; Δ -2.88% > 0%) |
| Interest Coverage Ratio: 7.10 > 6 (EBIT TTM 25.0b / Interest Expense TTM 3.52b) |
| A: 0.00 (Total Current Assets 57.3b - Total Current Liabilities 56.4b) / Total Assets 228b |
| B: 0.39 (Retained Earnings 90.1b / Total Assets 228b) |
| C: 0.11 (EBIT TTM 25.0b / Avg Total Assets 221b) |
| D: 0.95 (Book Value of Equity 111b / Total Liabilities 117b) |
| Altman-Z'' = 3.07 = A |
| DSRI: 1.02 (Receivables 31.5b/31.1b, Revenue 151b/153b) |
| GMI: 0.97 (GM 42.04% / 43.14%) |
| AQI: 0.99 (AQ_t 0.66 / AQ_t-1 0.67) |
| SGI: 0.99 (Revenue 151b / 153b) |
| TATA: -0.03 (NI 16.4b - CFO 24.0b) / TA 228b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at SEK 349.30 with a total of 987,892 shares traded. Over the past week, the price has changed by +2.10%, over one month by +2.71%, over three months by -3.89% and over the past year by +9.89%.
Current recommended Stop Loss: 339.80 (which is 2.7% or 1.3 ATR below the current price).
ASSA ABLOY (publ) has no consensus analysts rating.
P/E Trailing = 23.5772
P/E Forward = 21.8341
P/S = 2.5205
P/B = 3.4324
P/EG = 1.6051
Revenue TTM = 151b SEK
EBIT TTM = 25.0b SEK
EBITDA TTM = 30.9b SEK
Long Term Debt = 47.6b SEK (from longTermDebt, last quarter)
Short Term Debt = 18.6b SEK (from shortTermDebt, last quarter)
Debt = 78.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 7.05b
Net Debt = 74.6b SEK (calculated: Debt 78.4b - CCE 3.87b)
Enterprise Value = 459b SEK (385b + Debt 78.4b - CCE 3.87b)
Interest Coverage Ratio = 7.10 (Ebit TTM 25.0b / Interest Expense TTM 3.52b)
EV/FCF = 21.47x (Enterprise Value 459b / FCF TTM 21.4b)
FCF Yield = 4.66% (FCF TTM 21.4b / Enterprise Value 459b)
FCF Margin = 14.13% (FCF TTM 21.4b / Revenue TTM 151b)
Net Margin = 10.82% (Net Income TTM 16.4b / Revenue TTM 151b)
Gross Margin = 43.14% ((Revenue TTM 151b - Cost of Revenue TTM 86.1b) / Revenue TTM)
Gross Margin QoQ = 43.00% (prev 43.22%)
Tobins Q-Ratio = 2.01 (Enterprise Value 459b / Total Assets 228b)
Interest Expense / Debt = 4.48% (Interest Expense 3.52b / Debt 78.4b)
Taxrate = 25.28% (5.55b / 22.0b)
NOPAT = 18.6b (EBIT 25.0b * (1 - 25.28%))
Current Ratio = 1.01 (Total Current Assets 57.3b / Total Current Liabilities 56.4b)
Debt / Equity = 0.71 (Debt 78.4b / totalStockholderEquity, last quarter 111b)
Debt / EBITDA = 2.41 (Net Debt 74.6b / EBITDA 30.9b)
Debt / FCF = 3.49 (Net Debt 74.6b / FCF TTM 21.4b)
Total Stockholder Equity = 106b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.41% (Net Income 16.4b / Total Assets 228b)
RoE = 15.46% (Net Income TTM 16.4b / Total Stockholder Equity 106b)
RoCE = 16.24% (EBIT 25.0b / Capital Employed (Equity 106b + L.T.Debt 47.6b))
RoIC = 10.00% (NOPAT 18.6b / Invested Capital 186b)
WACC = 7.07% (E(385b)/V(463b) * Re(7.83%) + D(78.4b)/V(463b) * Rd(4.48%) * (1-Tc(0.25)))
Discount Rate = 7.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈20.1b ; Y1≈23.1b ; Y5≈34.0b
[DCF] Fair Price = 414.5 (EV 511b - Net Debt 74.6b = Equity 437b / Shares 1.05b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.70 | EPS CAGR: 3.50% | SUE: 0.17 | # QB: 0
Revenue Correlation: 84.16 | Revenue CAGR: 3.54% | SUE: 0.29 | # QB: 0
EPS current Quarter (2026-09-30): EPS=4.39 | Chg30d=+2.67% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=16.17 | Chg30d=+2.16% | Revisions=+8% | GrowthEPS=+12.8% | GrowthRev=+3.2%
EPS next Year (2027-12-31): EPS=18.14 | Chg30d=+2.46% | Revisions=+77% | GrowthEPS=+12.2% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: +46% (up=16, down=5)