ASSA-B Stock Analysis: ASSA ABLOY (publ) | ST
Security & Protection Services | ST, Sweden | Market Cap: 419.096m SEK | 12M Return: 7.3% | SE0007100581 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 578M
EPS Trend: 94.6%
Qual. Beats: -1
Rev. Trend: 82.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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.
ASSA ABLOY AB is a Swedish-founded company (established 1881) that specializes in door opening and access solutions, serving institutional, commercial, and residential markets. Its operations are structured across five divisions: EMEIA, Americas, Asia Pacific, Global Technologies, and Entrance Systems, with a broad product range that includes electronic access control systems, mechanical hardware, doors, security entrance control, and loading dock equipment.
The company also offers digital services, building specification tools, and training programs, supported by proprietary technology platforms such as Aperio, CLIQ, and Seos, as well as Openings Studio building information modeling software. ASSA ABLOY sells its products through distributors and wholesalers under well-known brands including Yale, ABLOY, Kwikset, Sargent, and HID, serving diverse industries such as healthcare, education, government, finance, aviation, and manufacturing. It is classified in the Consumer Discretionary sector under the Homebuilding sub-industry, though its business model more closely resembles building products and access solutions than traditional homebuilding.
Note: The classification under Homebuilding appears unusual for a company whose core business is access solutions and door hardware; it more typically aligns with Building Products within the Industrials sector, given its focus on commercial and institutional construction specifications rather than residential home construction.
- Strong demand for digital access solutions drives recurring revenue growth
- Entrance Systems margin expansion boosts overall profitability
- US commercial construction weakness pressures Americas segment sales
| Net Income: 17.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: 3.18% < 20% (prev 1.94%; Δ 1.24% < -1%) |
| CFO/TA 0.11 > 3% & CFO 25.0b > Net Income 17.0b |
| Net Debt (69.9b) to EBITDA (31.9b): 2.19 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.11b) vs 12m ago 0.0% < -2% |
| Gross Margin: 43.32% > 18% (prev 42.30%; Δ 1.03% > 0.5%) |
| Asset Turnover: 68.36% > 50% (prev 71.13%; Δ -2.77% > 0%) |
| Interest Coverage Ratio: 7.29 > 6 (EBIT TTM 25.6b / Interest Expense TTM 3.52b) |
| A: 0.02 (Total Current Assets 58.9b - Total Current Liabilities 54.0b) / Total Assets 235b |
| B: 0.38 (Retained Earnings 90.1b / Total Assets 235b) |
| C: 0.11 (EBIT TTM 25.6b / Avg Total Assets 225b) |
| D: 1.03 (Book Value of Equity 119b / Total Liabilities 116b) |
| Altman-Z'' = 3.23 = A |
| DSRI: 1.42 (Receivables 31.9b/22.5b, Revenue 154b/154b) |
| GMI: 0.98 (GM 42.30% / 43.32%) |
| AQI: 1.00 (AQ_t 0.66 / AQ_t-1 0.66) |
| SGI: 1.00 (Revenue 154b / 154b) |
| TATA: -0.03 (NI 17.0b - CFO 25.0b) / TA 235b) |
| Beneish M = -2.71 (Cap -4..+1) = A |
As of October 29, 2026, the stock is trading at SEK 382.50 with a total of 2,058,490 shares traded. Over the past week, the price has changed by +7.17%, over one month by +6.93%, over three months by +7.56% and over the past year by +7.29%.
Current recommended Stop Loss: 365.00 (which is 4.6% or 2.5 ATR below the current price).
ASSA ABLOY (publ) has no consensus analysts rating.
P/E Trailing = 25.0459
P/E Forward = 20.6612
P/S = 2.7355
P/B = 3.7251
P/EG = 1.6131
Revenue TTM = 154b SEK
EBIT TTM = 25.6b SEK
EBITDA TTM = 31.9b SEK
Long Term Debt = 48.6b SEK (from longTermDebt, last quarter)
Short Term Debt = 12.3b SEK (from shortTermDebt, last quarter)
Debt = 73.2b SEK (from shortLongTermDebtTotal, last quarter) + Leases 7.17b
Net Debt = 69.9b SEK (calculated: Debt 73.2b - CCE 3.36b)
Enterprise Value = 489b SEK (419b + Debt 73.2b - CCE 3.36b)
Interest Coverage Ratio = 7.29 (Ebit TTM 25.6b / Interest Expense TTM 3.52b)
EV/FCF = 22.31x (Enterprise Value 489b / FCF TTM 21.9b)
FCF Yield = 4.48% (FCF TTM 21.9b / Enterprise Value 489b)
FCF Margin = 14.22% (FCF TTM 21.9b / Revenue TTM 154b)
Net Margin = 11.01% (Net Income TTM 17.0b / Revenue TTM 154b)
Gross Margin = 43.32% ((Revenue TTM 154b - Cost of Revenue TTM 87.3b) / Revenue TTM)
Gross Margin QoQ = 43.84% (prev 43.00%)
Tobins Q-Ratio = 2.08 (Enterprise Value 489b / Total Assets 235b)
Interest Expense / Debt = 4.80% (Interest Expense 3.52b / Debt 73.2b)
Taxrate = 25.29% (5.75b / 22.7b)
NOPAT = 19.1b (EBIT 25.6b * (1 - 25.29%))
Current Ratio = 1.09 (Total Current Assets 58.9b / Total Current Liabilities 54.0b)
Debt / Equity = 0.62 (Debt 73.2b / totalStockholderEquity, last quarter 119b)
Debt / EBITDA = 2.19 (Net Debt 69.9b / EBITDA 31.9b)
Debt / FCF = 3.19 (Net Debt 69.9b / FCF TTM 21.9b)
Total Stockholder Equity = 110b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.52% (Net Income 17.0b / Total Assets 235b)
RoE = 15.41% (Net Income TTM 17.0b / Total Stockholder Equity 110b)
RoCE = 16.15% (EBIT 25.6b / Capital Employed (Equity 110b + L.T.Debt 48.6b))
RoIC = 10.09% (NOPAT 19.1b / Invested Capital 190b)
WACC = 6.48% (E(419b)/V(492b) * Re(6.99%) + D(73.2b)/V(492b) * Rd(4.80%) * (1-Tc(0.25)))
Discount Rate = 6.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.76% ; FCFF base≈20.9b ; Y1≈23.6b ; Y5≈33.8b
[DCF] Fair Price = 417.6 (EV 510b - Net Debt 69.9b = Equity 440b / Shares 1.05b; r=8.35% [WACC [floored]]; 5y FCF grow 13.65% → 2.50% )
EPS Correlation: 94.59 | EPS CAGR: 4.02% | SUE: -0.98 | # QB: -1
Revenue Correlation: 81.99 | Revenue CAGR: 2.64% | SUE: 0.08 | # QB: 0
EPS current Quarter (2027-03-31): EPS=3.98 | Chg30d=-1.36% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=16.31 | Chg30d=+0.39% | Revisions=+46% | GrowthEPS=+13.7% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=18.53 | Chg30d=+1.15% | Revisions=+62% | GrowthEPS=+13.7% | GrowthRev=+8.8%
[Analyst] Revisions Ratio: +62% (up=18, down=3)