(EPI-B) Epiroc (publ) - Ratings and Ratios

Epiroc AB (publ) is a global leader in the development and production of equipment for surface and underground applications, serving the mining and infrastructure industries across multiple regions, including North America, Europe, South America, Africa, the Middle East, Asia, and Australia. The companys diverse product portfolio is divided into two main segments: Equipment & Service, and Tools & Attachments. The Equipment & Service segment offers a range of equipment and solutions for rock drilling, excavation, and reinforcement, as well as automation, digitalization, and electrification solutions. Meanwhile, the Tools & Attachments segment provides consumables and digital solutions for rock drilling, ground engaging tools, and hydraulic attachments.

With a rich history dating back to 1873, Epiroc has established itself as a pioneer in the industry, with a strong presence in over 150 countries worldwide. The companys commitment to innovation and customer satisfaction is reflected in its extensive aftermarket services, including new circular services, productivity-enhancing digital solutions, mid-life upgrades, and remanufacturing of components. Epirocs headquarters is located in Nacka, Sweden, and its stock is listed on the Stockholm Stock Exchange under the ticker symbol EPI-B.

Analyzing the technical data, Epirocs stock price is currently at 187.50 SEK, with a 20-day simple moving average (SMA) of 192.34 SEK and a 50-day SMA of 181.27 SEK. The stocks 200-day SMA is at 180.10 SEK, indicating a relatively stable long-term trend. The average true range (ATR) is 4.44, representing a 2.37% daily price movement. The stocks 52-week high and low are 199.40 SEK and 152.10 SEK, respectively.

From a fundamental perspective, Epirocs market capitalization stands at approximately 255,942 million SEK, with a price-to-earnings (P/E) ratio of 26.25 and a forward P/E of 25.06. The companys return on equity (RoE) is 22.06%, indicating a strong ability to generate profits from shareholder equity.

Based on the technical and fundamental data, a forecast for Epirocs stock price can be made. Given the current SMA20 and SMA50 trends, a short-term correction is possible, with a potential target price of 185 SEK. However, the long-term trend remains bullish, with a potential target price of 210 SEK. The P/E ratio and RoE indicate a stable and profitable company, supporting a positive outlook. Therefore, a forecast for Epirocs stock price is a potential increase to 210 SEK in the long term, with a short-term correction to 185 SEK.