FLS Stock Analysis: FLSmidth & Co. | CO
Specialty Industrial Machinery | CO, Denmark | Market Cap: 29.311m DKK | 12M Return: 43.3% | DK0010234467 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 54.1M
EPS Trend: -21.2%
Qual. Beats: 0
Rev. Trend: -98.1%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 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: 1.54b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.90 > 1.0 |
| NWC/Revenue: 20.34% < 20% (prev 6.31%; Δ 14.03% < -1%) |
| CFO/TA 0.02 > 3% & CFO 500.0m > Net Income 1.54b |
| Net Debt (2.48b) to EBITDA (2.79b): 0.89 < 3 |
| Current Ratio: 1.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.8m) vs 12m ago -5.19% < -2% |
| Gross Margin: 31.93% > 18% (prev 34.06%; Δ -2.13% > 0.5%) |
| Asset Turnover: 61.78% > 50% (prev 75.84%; Δ -14.06% > 0%) |
| Interest Coverage Ratio: 2.02 > 6 (EBIT TTM 2.22b / Interest Expense TTM 1.10b) |
| A: 0.13 (Total Current Assets 11.8b - Total Current Liabilities 8.77b) / Total Assets 23.4b |
| B: 0.50 (Retained Earnings 11.7b / Total Assets 23.4b) |
| C: 0.09 (EBIT TTM 2.22b / Avg Total Assets 23.9b) |
| D: 0.81 (Book Value of Equity 10.5b / Total Liabilities 12.9b) |
| Altman-Z'' = 3.96 = AA |
| DSRI: 2.43 (Receivables 6.86b/3.54b, Revenue 14.7b/18.5b) |
| GMI: 1.07 (GM 34.06% / 31.93%) |
| AQI: 0.95 (AQ_t 0.39 / AQ_t-1 0.41) |
| SGI: 0.80 (Revenue 14.7b / 18.5b) |
| TATA: 0.04 (NI 1.54b - CFO 500.0m) / TA 23.4b) |
| Beneish M = -1.96 (Cap -4..+1) = B |
As of August 24, 2026, the stock is trading at DKK 583.50 with a total of 201,669 shares traded. Over the past week, the price has changed by +15.43%, over one month by +23.52%, over three months by +11.35% and over the past year by +43.29%.
Current recommended Stop Loss: 561.60 (which is 3.8% or 1.3 ATR below the current price).
FLSmidth & Co. has no consensus analysts rating.
P/E Trailing = 19.1289
P/E Forward = 20.0401
P/S = 1.9873
P/B = 2.6962
P/EG = 2.2886
Revenue TTM = 14.7b DKK
EBIT TTM = 2.22b DKK
EBITDA TTM = 2.79b DKK
Long Term Debt = 2.21b DKK (from longTermDebt, last fiscal year)
Short Term Debt = 152.0m DKK (from shortTermDebt, last quarter)
Debt = 3.13b DKK (from shortLongTermDebtTotal, last quarter) + Leases 297.0m
Net Debt = 2.48b DKK (calculated: Debt 3.13b - CCE 652.0m)
Enterprise Value = 31.8b DKK (29.3b + Debt 3.13b - CCE 652.0m)
Interest Coverage Ratio = 2.02 (Ebit TTM 2.22b / Interest Expense TTM 1.10b)
EV/FCF = 147.2x (Enterprise Value 31.8b / FCF TTM 216.0m)
FCF Yield = 0.68% (FCF TTM 216.0m / Enterprise Value 31.8b)
FCF Margin = 1.46% (FCF TTM 216.0m / Revenue TTM 14.7b)
Net Margin = 10.43% (Net Income TTM 1.54b / Revenue TTM 14.7b)
Gross Margin = 31.93% ((Revenue TTM 14.7b - Cost of Revenue TTM 10.0b) / Revenue TTM)
Gross Margin QoQ = 33.65% (prev 32.30%)
Tobins Q-Ratio = 1.36 (Enterprise Value 31.8b / Total Assets 23.4b)
Interest Expense / Debt = 35.05% (Interest Expense 1.10b / Debt 3.13b)
Taxrate = 45.60% (1.32b / 2.89b)
NOPAT = 1.21b (EBIT 2.22b * (1 - 45.60%))
Current Ratio = 1.34 (Total Current Assets 11.8b / Total Current Liabilities 8.77b)
Debt / Equity = 0.30 (Debt 3.13b / totalStockholderEquity, last quarter 10.5b)
Debt / EBITDA = 0.89 (Net Debt 2.48b / EBITDA 2.79b)
Debt / FCF = 11.49 (Net Debt 2.48b / FCF TTM 216.0m)
Total Stockholder Equity = 10.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.44% (Net Income 1.54b / Total Assets 23.4b)
RoE = 15.27% (Net Income TTM 1.54b / Total Stockholder Equity 10.1b)
RoCE = 18.06% (EBIT 2.22b / Capital Employed (Equity 10.1b + L.T.Debt 2.21b))
RoIC = 8.56% (NOPAT 1.21b / Invested Capital 14.1b)
WACC = 10.60% (E(29.3b)/V(32.4b) * Re(9.70%) + D(3.13b)/V(32.4b) * Rd(35.05%) * (1-Tc(0.46)))
Discount Rate = 9.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.49 | Cagr: -2.41%
[DCF] Terminal Value 65.17% ; FCFF base≈404.8m ; Y1≈355.0m ; Y5≈286.8m
[DCF] Fair Price = 16.51 (EV 3.36b - Net Debt 2.48b = Equity 881.7m / Shares 53.4m; r=10.60% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -21.21 | EPS CAGR: -15.46% | SUE: 0.36 | # QB: 0
Revenue Correlation: -98.10 | Revenue CAGR: -18.54% | SUE: 1.67 | # QB: 1
EPS current Quarter (2026-09-30): EPS=6.36 | Chg30d=+2.61% | Revisions=+40% | Analysts=4
EPS current Year (2026-12-31): EPS=30.44 | Chg30d=-4.00% | Revisions=+17% | GrowthEPS=+146.3% | GrowthRev=+2.7%
EPS next Year (2027-12-31): EPS=34.02 | Chg30d=+2.47% | Revisions=+17% | GrowthEPS=+11.7% | GrowthRev=+8.4%
[Analyst] Revisions Ratio: +36% (up=6, down=2)