ATCO-A Stock Analysis: Atlas Copco Series | ST
Specialty Industrial Machinery | ST, Sweden | Market Cap: 1.021.583m SEK | 12M Return: 23.2% | SE0017486889 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 722M
EPS Trend: -58.9%
Qual. Beats: 0
Rev. Trend: -39.8%
Qual. Beats: 1
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.
Atlas Copco AB (publ), listed on the Stockholm Stock Exchange as ATCO-A, is a Swedish industrial company founded in 1873 and headquartered in Nacka, Sweden. It operates globally across four reporting segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. Its product portfolio spans compressors (piston, rotary screw, oil-free, centrifugal, and gas/process), vacuum pumps (oil-sealed, dry, liquid ring, turbomolecular, and cryogenic), industrial power tools, assembly and fastening systems, machine vision solutions, construction and demolition tools, mobile compressors and generators, and energy storage systems. The company serves a broad customer base including semiconductor and flat panel manufacturers, industrial manufacturing, automotive, aerospace, electronics, energy, food and pharmaceutical producers, civil engineering, and exploration drilling.
As a large-cap industrial machinery group (market capitalization of roughly $97 billion USD), Atlas Copco sits within the GICS Industrials sector and benefits from a diversified, capital-goods business model that sells equipment and aftermarket service across multiple economic cycles. A defining feature of the company is its deep exposure to the semiconductor manufacturing supply chain through its Vacuum Technique segment, which supplies vacuum and abatement systems critical to chip fabrication and flat-panel production. Its installed base of compressed air and industrial equipment also generates recurring revenue from service, parts, and consumables, which typically provides more stable margins than new equipment sales.
- Semiconductor vacuum equipment orders track global chip capex cycle
- Industrial compressor demand follows manufacturing PMI and capex spending
- Energy storage and electrification expand Power Technique segment revenue
| Net Income: 26.6b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA -2.23 > 1.0 |
| NWC/Revenue: 11.99% < 20% (prev 18.66%; Δ -6.68% < -1%) |
| CFO/TA 0.15 > 3% & CFO 31.4b > Net Income 26.6b |
| Net Debt (27.9b) to EBITDA (44.5b): 0.63 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.88b) vs 12m ago 0.20% < -2% |
| Gross Margin: 42.19% > 18% (prev 43.02%; Δ -0.83% > 0.5%) |
| Asset Turnover: 81.99% > 50% (prev 86.99%; Δ -5.01% > 0%) |
| Interest Coverage Ratio: 94.89 > 6 (EBIT TTM 34.5b / Interest Expense TTM 364.0m) |
| A: 0.09 (Total Current Assets 95.2b - Total Current Liabilities 74.9b) / Total Assets 216b |
| B: 0.46 (Retained Earnings 98.4b / Total Assets 216b) |
| C: 0.17 (EBIT TTM 34.5b / Avg Total Assets 207b) |
| D: 0.97 (Book Value of Equity 106b / Total Liabilities 109b) |
| Altman-Z'' = 4.25 = AA |
| DSRI: 1.17 (Receivables 50.0b/43.4b, Revenue 170b/173b) |
| GMI: 1.02 (GM 43.02% / 42.19%) |
| AQI: 1.02 (AQ_t 0.39 / AQ_t-1 0.39) |
| SGI: 0.98 (Revenue 170b / 173b) |
| TATA: -0.02 (NI 26.6b - CFO 31.4b) / TA 216b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at SEK 205.70 with a total of 5,165,633 shares traded. Over the past week, the price has changed by -0.05%, over one month by -1.48%, over three months by +11.01% and over the past year by +23.16%.
Current recommended Stop Loss: 193.20 (which is 6.1% or 2.5 ATR below the current price).
Atlas Copco Series has no consensus analysts rating.
P/E Trailing = 38.422
P/E Forward = 28.7356
P/S = 6.0122
P/B = 9.5037
P/EG = 2.5363
Revenue TTM = 170b SEK
EBIT TTM = 34.5b SEK
EBITDA TTM = 44.5b SEK
Long Term Debt = 22.8b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 9.05b SEK (from shortTermDebt, last quarter)
Debt = 43.2b SEK (from shortLongTermDebtTotal, last quarter) + Leases 7.38b
Net Debt = 27.9b SEK (calculated: Debt 43.2b - CCE 15.4b)
Enterprise Value = 1049b SEK (1022b + Debt 43.2b - CCE 15.4b)
Interest Coverage Ratio = 94.89 (Ebit TTM 34.5b / Interest Expense TTM 364.0m)
EV/FCF = 37.60x (Enterprise Value 1049b / FCF TTM 27.9b)
FCF Yield = 2.66% (FCF TTM 27.9b / Enterprise Value 1049b)
FCF Margin = 16.43% (FCF TTM 27.9b / Revenue TTM 170b)
Net Margin = 15.67% (Net Income TTM 26.6b / Revenue TTM 170b)
Gross Margin = 42.19% ((Revenue TTM 170b - Cost of Revenue TTM 98.2b) / Revenue TTM)
Gross Margin QoQ = 42.22% (prev 42.22%)
Tobins Q-Ratio = 4.87 (Enterprise Value 1049b / Total Assets 216b)
Interest Expense / Debt = 0.84% (Interest Expense 364.0m / Debt 43.2b)
Taxrate = 21.81% (7.43b / 34.1b)
NOPAT = 27.0b (EBIT 34.5b * (1 - 21.81%))
Current Ratio = 1.27 (Total Current Assets 95.2b / Total Current Liabilities 74.9b)
Debt / Equity = 0.41 (Debt 43.2b / totalStockholderEquity, last quarter 106b)
Debt / EBITDA = 0.63 (Net Debt 27.9b / EBITDA 44.5b)
Debt / FCF = 1.00 (Net Debt 27.9b / FCF TTM 27.9b)
Total Stockholder Equity = 111b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.84% (Net Income 26.6b / Total Assets 216b)
RoE = 23.93% (Net Income TTM 26.6b / Total Stockholder Equity 111b)
RoCE = 25.78% (EBIT 34.5b / Capital Employed (Equity 111b + L.T.Debt 22.8b))
RoIC = 19.11% (NOPAT 27.0b / Invested Capital 141b)
WACC = 8.99% (E(1022b)/V(1065b) * Re(9.34%) + D(43.2b)/V(1065b) * Rd(0.84%) * (1-Tc(0.22)))
Discount Rate = 9.34% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -36.48 | Cagr: 0.03%
[DCF] Terminal Value 72.07% ; FCFF base≈28.8b ; Y1≈27.1b ; Y5≈25.2b
[DCF] Fair Price = 99.88 (EV 359b - Net Debt 27.9b = Equity 331b / Shares 3.32b; r=8.99% [WACC]; 5y FCF grow -7.54% → 2.50% )
EPS Correlation: -58.92 | EPS CAGR: -2.89% | SUE: 0.0 | # QB: 0
Revenue Correlation: -39.83 | Revenue CAGR: -0.99% | SUE: 1.52 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.66 | Chg30d=+0.00% | Revisions=+57% | Analysts=4
EPS current Year (2026-12-31): EPS=6.24 | Chg30d=+0.58% | Revisions=+82% | GrowthEPS=+12.4% | GrowthRev=+8.1%
EPS next Year (2027-12-31): EPS=7.50 | Chg30d=+1.53% | Revisions=+82% | GrowthEPS=+20.1% | GrowthRev=+14.2%
[Analyst] Revisions Ratio: +91% (up=32, down=0)