ASSA-B Stock Analysis: ASSA ABLOY (publ) | ST
Security & Protection Services | ST, Sweden | Market Cap: 367.445m SEK | 12M Return: 12.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 612M
EPS Trend: 95.1%
Qual. Beats: -3
Rev. Trend: 88.9%
Qual. Beats: -2
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: 15.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.44 > 1.0 |
| NWC/Revenue: 0.06% < 20% (prev 1.63%; Δ -1.57% < -1%) |
| CFO/TA 0.10 > 3% & CFO 22.1b > Net Income 15.8b |
| Net Debt (70.8b) to EBITDA (30.5b): 2.32 < 3 |
| Current Ratio: 1.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.11b) vs 12m ago 0.0% < -2% |
| Gross Margin: 43.12% > 18% (prev 41.75%; Δ 1.37% > 0.5%) |
| Asset Turnover: 68.61% > 50% (prev 69.71%; Δ -1.10% > 0%) |
| Interest Coverage Ratio: 7.76 > 6 (EBIT TTM 24.5b / Interest Expense TTM 3.16b) |
| A: 0.00 (Total Current Assets 53.6b - Total Current Liabilities 53.6b) / Total Assets 219b |
| B: 0.41 (Retained Earnings 90.1b / Total Assets 219b) |
| C: 0.11 (EBIT TTM 24.5b / Avg Total Assets 219b) |
| D: 0.99 (Book Value of Equity 108b / Total Liabilities 110b) |
| Altman-Z'' = 3.13 = A |
| DSRI: 1.37 (Receivables 30.3b/22.6b, Revenue 150b/153b) |
| GMI: 0.97 (GM 41.75% / 43.12%) |
| AQI: 1.00 (AQ_t 0.67 / AQ_t-1 0.67) |
| SGI: 0.98 (Revenue 150b / 153b) |
| TATA: -0.03 (NI 15.8b - CFO 22.1b) / TA 219b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of July 09, 2026, the stock is trading at SEK 330.80 with a total of 1,687,448 shares traded. Over the past week, the price has changed by -3.78%, over one month by +1.78%, over three months by -8.16% and over the past year by +12.30%.
Current recommended Stop Loss: 322.40 (which is 2.5% or 1.3 ATR below the current price).
ASSA ABLOY (publ) has no consensus analysts rating.
P/E Trailing = 23.2794
P/E Forward = 21.978
P/S = 2.446
P/B = 3.4901
P/EG = 1.6157
Revenue TTM = 150b SEK
EBIT TTM = 24.5b SEK
EBITDA TTM = 30.5b SEK
Long Term Debt = 44.0b SEK (from longTermDebt, last quarter)
Short Term Debt = 17.4b SEK (from shortTermDebt, last quarter)
Debt = 73.3b SEK (from shortLongTermDebtTotal, last quarter) + Leases 6.86b
Net Debt = 70.8b SEK (calculated: Debt 73.3b - CCE 2.51b)
Enterprise Value = 438b SEK (367b + Debt 73.3b - CCE 2.51b)
Interest Coverage Ratio = 7.76 (Ebit TTM 24.5b / Interest Expense TTM 3.16b)
EV/FCF = 22.29x (Enterprise Value 438b / FCF TTM 19.7b)
FCF Yield = 4.49% (FCF TTM 19.7b / Enterprise Value 438b)
FCF Margin = 13.09% (FCF TTM 19.7b / Revenue TTM 150b)
Net Margin = 10.51% (Net Income TTM 15.8b / Revenue TTM 150b)
Gross Margin = 43.12% ((Revenue TTM 150b - Cost of Revenue TTM 85.4b) / Revenue TTM)
Gross Margin QoQ = 43.22% (prev 43.20%)
Tobins Q-Ratio = 2.01 (Enterprise Value 438b / Total Assets 219b)
Interest Expense / Debt = 4.31% (Interest Expense 3.16b / Debt 73.3b)
Taxrate = 25.28% (5.34b / 21.1b)
NOPAT = 18.3b (EBIT 24.5b * (1 - 25.28%))
Current Ratio = 1.00 (Total Current Assets 53.6b / Total Current Liabilities 53.6b)
Debt / Equity = 0.68 (Debt 73.3b / totalStockholderEquity, last quarter 108b)
Debt / EBITDA = 2.32 (Net Debt 70.8b / EBITDA 30.5b)
Debt / FCF = 3.60 (Net Debt 70.8b / FCF TTM 19.7b)
Total Stockholder Equity = 103b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.21% (Net Income 15.8b / Total Assets 219b)
RoE = 15.32% (Net Income TTM 15.8b / Total Stockholder Equity 103b)
RoCE = 16.66% (EBIT 24.5b / Capital Employed (Equity 103b + L.T.Debt 44.0b))
RoIC = 10.18% (NOPAT 18.3b / Invested Capital 180b)
WACC = 7.05% (E(367b)/V(441b) * Re(7.82%) + D(73.3b)/V(441b) * Rd(4.31%) * (1-Tc(0.25)))
Discount Rate = 7.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 76.05% ; FCFF base≈19.3b ; Y1≈20.2b ; Y5≈23.1b
[DCF] Fair Price = 270.9 (EV 356b - Net Debt 70.8b = Equity 285b / Shares 1.05b; r=8.35% [WACC [floored]]; 5y FCF grow 4.80% → 2.50% )
EPS Correlation: 95.06 | EPS CAGR: 3.47% | SUE: -0.96 | # QB: -3
Revenue Correlation: 88.88 | Revenue CAGR: 5.03% | SUE: -0.96 | # QB: -2
EPS current Quarter (2026-06-30): EPS=3.96 | Chg30d=-0.64% | Revisions=-29% | Analysts=11
EPS next Quarter (2026-09-30): EPS=4.28 | Chg30d=+0.66% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=15.84 | Chg30d=+0.11% | Revisions=+18% | GrowthEPS=+10.5% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=17.74 | Chg30d=+0.70% | Revisions=+58% | GrowthEPS=+12.0% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +27% (up=15, down=8)