(AUTO) AutoStore Holdings - OL
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: OL (Norway) | Market Cap: 40.794m NOK | Total Return: 128.6% in 12m
Avg Turnover: 56.9M
EPS Trend: 9.5%
Qual. Beats: 0
Rev. Trend: 69.1%
Qual. Beats: 0
Warnings
Volatile
Tailwinds
Idiosyncratic Leader, Tailwind, Pullback 52w
AutoStore Holdings Ltd. is a Norway-based technology provider specializing in automated storage and retrieval systems (ASRS). The company develops a proprietary cube-based warehouse architecture comprising robots, specialized grids, bins, and workstations. Its product portfolio includes the Red Line robot series and specialized solutions for various climate requirements, such as the Multi-Temperature Solution for frozen and chilled goods.
The business model utilizes a hardware-software integration strategy, where physical robotic assets are managed by proprietary software suites like CubeControl and Router for traffic optimization. This cube storage approach is a distinct category within the logistics automation sector, designed to maximize storage density by eliminating the need for aisles, allowing for up to four times the capacity of traditional manual storage systems.
AutoStore serves a diversified global client base across the grocery, retail, third-party logistics, industrial, and healthcare sectors. In addition to hardware and software sales, the company generates revenue through lifecycle services, including installation, technical maintenance, and personnel training. The global ASRS market is driven by increasing labor costs and the expansion of e-commerce, which requires high-velocity fulfillment capabilities in compact urban environments.
- Order intake growth reflects global warehouse automation demand recovery
- Adjusted EBITDA margins sustain levels through proprietary hardware and software mix
- Ocado litigation settlement clears path for North American market expansion
- High interest rates delay capital expenditure cycles for logistics customers
| Net Income: 417.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.34 > 0.02 and ΔFCF/TA 32.73 > 1.0 |
| NWC/Revenue: 10.43% < 20% (prev 62.74%; Δ -52.31% < -1%) |
| CFO/TA 0.44 > 3% & CFO 897.9m > Net Income 417.8m |
| Net Debt (-28.1m) to EBITDA (693.6m): -0.04 < 3 |
| Current Ratio: 2.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (3.36b) vs 12m ago 0.09% < -2% |
| Gross Margin: 49.70% > 18% (prev 57.88%; Δ -8.18% > 0.5%) |
| Asset Turnover: 90.48% > 50% (prev 26.05%; Δ 64.43% > 0%) |
| Interest Coverage Ratio: 6.30 > 6 (EBIT TTM 632.7m / Interest Expense TTM 100.4m) |
| A: 0.10 (Total Current Assets 326.6m - Total Current Liabilities 130.3m) / Total Assets 2.05b |
| B: 0.25 (Retained Earnings 522.6m / Total Assets 2.05b) |
| C: 0.30 (EBIT TTM 632.7m / Avg Total Assets 2.08b) |
| D: 3.73 (Book Value of Equity 1.62b / Total Liabilities 434.5m) |
| Altman-Z'' = 7.41 = AAA |
| DSRI: 0.31 (Receivables 138.7m/129.6m, Revenue 1.88b/549.1m) |
| GMI: 1.16 (GM 57.88% / 49.70%) |
| AQI: 1.11 (AQ_t 0.79 / AQ_t-1 0.71) |
| SGI: 3.43 (Revenue 1.88b / 549.1m) |
| TATA: -0.23 (NI 417.8m - CFO 897.9m) / TA 2.05b) |
| Beneish M = -1.66 (Cap -4..+1) = CCC |
As of June 20, 2026, the stock is trading at NOK 12.70 with a total of 15,561,930 shares traded.
Over the past week, the price has changed by +9.73%,
over one month by -2.66%,
over three months by +13.01% and
over the past year by +128.60%.
AutoStore Holdings has no consensus analysts rating.
Market Cap USD = 4.29b (40.8b NOK * 0.1052 NOK.USD)
P/E Trailing = 34.6571
P/E Forward = 25.7069
P/S = 65.9567
P/B = 2.6207
Revenue TTM = 1.88b USD
EBIT TTM = 632.7m USD
EBITDA TTM = 693.6m USD
Long Term Debt = 164.2m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 55.9m USD (Leases only: 55.9m)
Net Debt = -28.1m USD (calculated: Debt 55.9m - CCE 84.0m)
Enterprise Value = 4.26b USD (4.29b + Debt 55.9m - CCE 84.0m)
Interest Coverage Ratio = 6.30 (Ebit TTM 632.7m / Interest Expense TTM 100.4m)
EV/FCF = 6.03x (Enterprise Value 4.26b / FCF TTM 707.3m)
FCF Yield = 16.59% (FCF TTM 707.3m / Enterprise Value 4.26b)
FCF Margin = 37.56% (FCF TTM 707.3m / Revenue TTM 1.88b)
Net Margin = 22.19% (Net Income TTM 417.8m / Revenue TTM 1.88b)
Gross Margin = 49.70% ((Revenue TTM 1.88b - Cost of Revenue TTM 947.1m) / Revenue TTM)
Gross Margin QoQ = 54.34% (prev 73.73%)
Tobins Q-Ratio = 2.08 (Enterprise Value 4.26b / Total Assets 2.05b)
Interest Expense / Debt = 179.6% (Interest Expense 100.4m / Debt 55.9m)
Taxrate = 6.42% (34.5m / 537.0m)
NOPAT = 592.0m (EBIT 632.7m * (1 - 6.42%))
Current Ratio = 2.51 (Total Current Assets 326.6m / Total Current Liabilities 130.3m)
Debt / Equity = 0.03 (Debt 55.9m / totalStockholderEquity, last quarter 1.62b)
Debt / EBITDA = -0.04 (Net Debt -28.1m / EBITDA 693.6m)
Debt / FCF = -0.04 (Net Debt -28.1m / FCF TTM 707.3m)
Total Stockholder Equity = 4.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.08% (Net Income 417.8m / Total Assets 2.05b)
RoE = 8.52% (Net Income TTM 417.8m / Total Stockholder Equity 4.90b)
RoCE = 12.48% (EBIT 632.7m / Capital Employed (Equity 4.90b + L.T.Debt 164.2m))
RoIC = 32.17% (NOPAT 592.0m / Invested Capital 1.84b)
WACC = 10.05% (E(4.29b)/V(4.35b) * Re(10.18%) + (debt cost/tax rate unavailable))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 38.65 | Cagr: 0.14%
[DCF] Terminal Value 72.67% ; FCFF base≈438.7m ; Y1≈502.9m ; Y5≈740.1m
[DCF] Fair Price = 2.56 (EV 8.57b - Net Debt -28.1m = Equity 8.59b / Shares 3.36b; r=10.05% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 9.45 | EPS CAGR: 5.54% | SUE: 0.0 | # QB: 0
Revenue Correlation: 69.12 | Revenue CAGR: 47.28% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.01 | Chg30d=N/A | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.01 | Chg30d=N/A | Revisions=-20% | Analysts=3
EPS current Year (2026-12-31): EPS=0.05 | Chg30d=+0.00% | Revisions=+50% | GrowthEPS=+51.7% | GrowthRev=+21.6%
EPS next Year (2027-12-31): EPS=0.06 | Chg30d=+1.37% | Revisions=+33% | GrowthEPS=+15.6% | GrowthRev=+11.2%
[Analyst] Revisions Ratio: +50%