EPI-A Stock Analysis: Epiroc (publ) | ST
Farm & Heavy Construction Machinery | ST, Sweden | Market Cap: 320.997m SEK | 12M Return: 30% | SE0015658109 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 377M
EPS Trend: -68.9%
Qual. Beats: 0
Rev. Trend: 51.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 8.3 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.
Epiroc AB (publ) is a Swedish-founded (1873) global manufacturer of equipment, tools, and aftermarket services for the mining and infrastructure industries, operating across two segments: Equipment & Service (rock drilling, excavation, loading/haulage, ventilation, and digital/electrification solutions) and Tools & Attachments (drilling tools, drill string components, hydraulic breakers, ground engaging tools, and monitoring/analytics software). The company also supports customers through spare parts, service agreements, remanufacturing, and midlife upgrades, and maintains a strategic collaboration with Sany Group for mining equipment development.
Epiroc operates within the heavy industrial machinery sector, where OEMs typically generate a substantial portion of revenue from recurring aftermarket services and consumables tied to large installed bases of equipment. Its dual focus on electrification and automation reflects the broader industry shift toward lower-emission and digitally integrated mining operations.
- Mining capex cycle drives equipment and service revenue growth
- Electrification and automation orders boost segment margins
- Sany partnership expands China mining equipment market share
| Net Income: 8.84b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -2.30 > 1.0 |
| NWC/Revenue: 42.14% < 20% (prev 35.60%; Δ 6.54% < -1%) |
| CFO/TA 0.11 > 3% & CFO 9.71b > Net Income 8.84b |
| Net Debt (12.9b) to EBITDA (15.6b): 0.83 < 3 |
| Current Ratio: 2.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.21b) vs 12m ago 0.31% < -2% |
| Gross Margin: 35.71% > 18% (prev 37.14%; Δ -1.43% > 0.5%) |
| Asset Turnover: 75.51% > 50% (prev 80.17%; Δ -4.66% > 0%) |
| Interest Coverage Ratio: 18.17 > 6 (EBIT TTM 12.5b / Interest Expense TTM 689.0m) |
| A: 0.31 (Total Current Assets 49.5b - Total Current Liabilities 23.2b) / Total Assets 85.9b |
| B: 0.51 (Retained Earnings 44.1b / Total Assets 85.9b) |
| C: 0.15 (EBIT TTM 12.5b / Avg Total Assets 82.6b) |
| D: 1.08 (Book Value of Equity 44.6b / Total Liabilities 41.3b) |
| Altman-Z'' = 5.83 = AAA |
| DSRI: 0.99 (Receivables 16.8b/17.3b, Revenue 62.4b/63.6b) |
| GMI: 1.04 (GM 37.14% / 35.71%) |
| AQI: 0.97 (AQ_t 0.32 / AQ_t-1 0.33) |
| SGI: 0.98 (Revenue 62.4b / 63.6b) |
| TATA: -0.01 (NI 8.84b - CFO 9.71b) / TA 85.9b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of October 13, 2026, the stock is trading at SEK 269.50 with a total of 1,502,153 shares traded. Over the past week, the price has changed by +1.32%, over one month by +9.87%, over three months by +6.10% and over the past year by +29.97%.
Current recommended Stop Loss: 249.60 (which is 7.4% or 2.8 ATR below the current price).
Epiroc (publ) has no consensus analysts rating.
P/E Trailing = 36.2927
P/E Forward = 26.8097
P/S = 5.1454
P/B = 7.1119
P/EG = 2.0636
Revenue TTM = 62.4b SEK
EBIT TTM = 12.5b SEK
EBITDA TTM = 15.6b SEK
Long Term Debt = 14.6b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 2.81b SEK (from shortTermDebt, last quarter)
Debt = 21.5b SEK (from shortLongTermDebtTotal, last quarter) + Leases 2.77b
Net Debt = 12.9b SEK (calculated: Debt 21.5b - CCE 8.63b)
Enterprise Value = 334b SEK (321b + Debt 21.5b - CCE 8.63b)
Interest Coverage Ratio = 18.17 (Ebit TTM 12.5b / Interest Expense TTM 689.0m)
EV/FCF = 42.62x (Enterprise Value 334b / FCF TTM 7.83b)
FCF Yield = 2.35% (FCF TTM 7.83b / Enterprise Value 334b)
FCF Margin = 12.56% (FCF TTM 7.83b / Revenue TTM 62.4b)
Net Margin = 14.17% (Net Income TTM 8.84b / Revenue TTM 62.4b)
Gross Margin = 35.71% ((Revenue TTM 62.4b - Cost of Revenue TTM 40.1b) / Revenue TTM)
Gross Margin QoQ = 36.02% (prev 35.52%)
Tobins Q-Ratio = 3.89 (Enterprise Value 334b / Total Assets 85.9b)
Interest Expense / Debt = 3.20% (Interest Expense 689.0m / Debt 21.5b)
Taxrate = 23.89% (2.77b / 11.6b)
NOPAT = 9.53b (EBIT 12.5b * (1 - 23.89%))
Current Ratio = 2.13 (Total Current Assets 49.5b / Total Current Liabilities 23.2b)
Debt / Equity = 0.48 (Debt 21.5b / totalStockholderEquity, last quarter 44.6b)
Debt / EBITDA = 0.83 (Net Debt 12.9b / EBITDA 15.6b)
Debt / FCF = 1.65 (Net Debt 12.9b / FCF TTM 7.83b)
Total Stockholder Equity = 43.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.70% (Net Income 8.84b / Total Assets 85.9b)
RoE = 20.42% (Net Income TTM 8.84b / Total Stockholder Equity 43.3b)
RoCE = 21.61% (EBIT 12.5b / Capital Employed (Equity 43.3b + L.T.Debt 14.6b))
RoIC = 15.27% (NOPAT 9.53b / Invested Capital 62.4b)
WACC = 8.47% (E(321b)/V(343b) * Re(8.88%) + D(21.5b)/V(343b) * Rd(3.20%) * (1-Tc(0.24)))
Discount Rate = 8.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 54.82 | Cagr: 0.05%
[DCF] Terminal Value 72.89% ; FCFF base≈8.33b ; Y1≈7.40b ; Y5≈6.15b
[DCF] Fair Price = 101.8 (EV 96.4b - Net Debt 12.9b = Equity 83.5b / Shares 820.0m; r=8.47% [WACC]; 5y FCF grow -13.57% → 2.50% )
EPS Correlation: -68.92 | EPS CAGR: -2.38% | SUE: -0.77 | # QB: 0
Revenue Correlation: 51.85 | Revenue CAGR: 1.63% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.16 | Chg30d=-0.93% | Revisions=+25% | Analysts=7
EPS current Year (2026-12-31): EPS=8.34 | Chg30d=+0.17% | Revisions=+17% | GrowthEPS=+15.2% | GrowthRev=+8.0%
EPS next Year (2027-12-31): EPS=10.07 | Chg30d=+1.05% | Revisions=-17% | GrowthEPS=+20.6% | GrowthRev=+13.9%
[Analyst] Revisions Ratio: +10% (up=4, down=3)