AALB Stock Analysis: Aalberts Industries | AS
Specialty Industrial Machinery | AS, Netherlands | Market Cap: 4.489m EUR | 12M Return: 54.2% | NL0000852564 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.9M
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 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.
Aalberts N.V. is a Dutch industrial technology company that develops and supplies mission-critical components and systems for three end markets: building, industry, and semiconductors. Founded in 1975 and headquartered in Utrecht, the Netherlands, the company operates across Europe, the United States, Asia Pacific, the Middle East, and Africa, and markets its products under several established brands including BROEN, Henco, ISIFLO, MIFA, and Metalis. It was renamed from Aalberts Industries N.V. to Aalberts N.V. in April 2019.
The company reports through three segments-Building, Industry, and Semicon-and offers a diversified portfolio that includes hydronic flow control systems for heating and cooling, integrated piping systems for liquids and gas, advanced mechatronics such as vibration isolation and high-purity fluid systems for chip manufacturing, and surface technologies covering heat treatment, polymer coatings, brazing, additive manufacturing, and post processing. As a constituent of the Industrials sector, specifically within industrial machinery, supplies, and components, Aalberts operates a business-to-business model, supplying technical building blocks that other manufacturers, contractors, and equipment producers integrate into their own end products and projects.
- EU energy efficiency regulations boost hydronic flow demand
- Semiconductor capex cycle drives mechatronics revenue growth
- Acquisitions in surface technologies expand margins and footprint
| Net Income: 150.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.25 > 1.0 |
| NWC/Revenue: 13.39% < 20% (prev 18.86%; Δ -5.48% < -1%) |
| CFO/TA 0.08 > 3% & CFO 358.8m > Net Income 150.4m |
| Net Debt (1.25b) to EBITDA (565.0m): 2.22 < 3 |
| Current Ratio: 1.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (108.0m) vs 12m ago -2.31% < -2% |
| Gross Margin: 63.95% > 18% (prev 62.93%; Δ 1.02% > 0.5%) |
| Asset Turnover: 69.86% > 50% (prev 69.94%; Δ -0.08% > 0%) |
| Interest Coverage Ratio: 6.39 > 6 (EBIT TTM 336.9m / Interest Expense TTM 52.7m) |
| A: 0.09 (Total Current Assets 1.44b - Total Current Liabilities 1.03b) / Total Assets 4.45b |
| B: 0.51 (Retained Earnings 2.29b / Total Assets 4.45b) |
| C: 0.08 (EBIT TTM 336.9m / Avg Total Assets 4.43b) |
| D: 1.19 (Book Value of Equity 2.42b / Total Liabilities 2.03b) |
| Altman-Z'' = 4.05 = AA |
| DSRI: 1.02 (Receivables 427.0m/419.3m, Revenue 3.09b/3.09b) |
| GMI: 0.98 (GM 62.93% / 63.95%) |
| AQI: 1.07 (AQ_t 0.36 / AQ_t-1 0.34) |
| SGI: 1.00 (Revenue 3.09b / 3.09b) |
| TATA: -0.05 (NI 150.4m - CFO 358.8m) / TA 4.45b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at EUR 41.52 with a total of 228,049 shares traded. Over the past week, the price has changed by -2.63%, over one month by -4.73%, over three months by +6.90% and over the past year by +54.21%.
Current recommended Stop Loss: 39.00 (which is 6.1% or 2.6 ATR below the current price).
Aalberts Industries has no consensus analysts rating.
P/E Trailing = 30.4317
P/E Forward = 13.3156
P/S = 1.4509
P/B = 1.8439
P/EG = 1.3182
Revenue TTM = 3.09b EUR
EBIT TTM = 336.9m EUR
EBITDA TTM = 565.0m EUR
Long Term Debt = 675.9m EUR (from longTermDebt, last quarter)
Short Term Debt = 420.2m EUR (from shortTermDebt, last quarter)
Debt = 1.42b EUR (from shortLongTermDebtTotal, last quarter) + Leases 184.8m
Net Debt = 1.25b EUR (calculated: Debt 1.42b - CCE 170.7m)
Enterprise Value = 5.74b EUR (4.49b + Debt 1.42b - CCE 170.7m)
Interest Coverage Ratio = 6.39 (Ebit TTM 336.9m / Interest Expense TTM 52.7m)
EV/FCF = 30.28x (Enterprise Value 5.74b / FCF TTM 189.6m)
FCF Yield = 3.30% (FCF TTM 189.6m / Enterprise Value 5.74b)
FCF Margin = 6.13% (FCF TTM 189.6m / Revenue TTM 3.09b)
Net Margin = 4.86% (Net Income TTM 150.4m / Revenue TTM 3.09b)
Gross Margin = 63.95% ((Revenue TTM 3.09b - Cost of Revenue TTM 1.12b) / Revenue TTM)
Gross Margin QoQ = 65.46% (prev 62.41%)
Tobins Q-Ratio = 1.29 (Enterprise Value 5.74b / Total Assets 4.45b)
Interest Expense / Debt = 3.70% (Interest Expense 52.7m / Debt 1.42b)
Taxrate = 30.92% (67.8m / 219.3m)
NOPAT = 232.7m (EBIT 336.9m * (1 - 30.92%))
Current Ratio = 1.40 (Total Current Assets 1.44b / Total Current Liabilities 1.03b)
Debt / Equity = 0.59 (Debt 1.42b / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = 2.22 (Net Debt 1.25b / EBITDA 565.0m)
Debt / FCF = 6.61 (Net Debt 1.25b / FCF TTM 189.6m)
Total Stockholder Equity = 2.45b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.40% (Net Income 150.4m / Total Assets 4.45b)
RoE = 6.15% (Net Income TTM 150.4m / Total Stockholder Equity 2.45b)
RoCE = 10.79% (EBIT 336.9m / Capital Employed (Equity 2.45b + L.T.Debt 675.9m))
RoIC = 6.32% (NOPAT 232.7m / Invested Capital 3.68b)
WACC = 7.74% (E(4.49b)/V(5.91b) * Re(9.38%) + D(1.42b)/V(5.91b) * Rd(3.70%) * (1-Tc(0.31)))
Discount Rate = 9.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.55 | Cagr: -1.31%
[DCF] Terminal Value 74.76% ; FCFF base≈193.5m ; Y1≈186.4m ; Y5≈181.7m
[DCF] Fair Price = 15.06 (EV 2.85b - Net Debt 1.25b = Equity 1.60b / Shares 106.1m; r=8.35% [WACC [floored]]; 5y FCF grow -4.87% → 2.50% )
EPS Correlation: -52.17 | EPS CAGR: -14.32% | SUE: 0.0 | # QB: 0
Revenue Correlation: -90.39 | Revenue CAGR: -2.85% | SUE: 1.01 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=2.93 | Chg30d=+0.98% | Revisions=+67% | GrowthEPS=+12.8% | GrowthRev=-0.8%
EPS next Year (2027-12-31): EPS=3.31 | Chg30d=+1.09% | Revisions=+36% | GrowthEPS=+12.9% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: +59% (up=12, down=2)