SKF-B Stock Analysis: AB SKF (publ) | ST
Tools & Accessories | ST, Sweden | Market Cap: 119.272m SEK | 12M Return: 13% | SE0000108227 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 230M
EPS Trend: -67.3%
Qual. Beats: 2
Rev. Trend: -98.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 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.
AB SKF (publ) is a Swedish industrial manufacturer that designs, produces, and sells bearings, seals, lubrication systems, condition monitoring equipment, and related services worldwide, operating through two reportable segments: Industrial and Automotive. Founded in 1907 and headquartered in Gothenburg, Sweden, SKF is one of the worlds two largest producers of rolling element bearings, competing in a concentrated global market alongside other major players such as NSK, NTN, JTEKT, and Timken.
The companys product portfolio spans rolling, mounted, slewing, plain, magnetic, and thin section bearings, industrial and automotive seals, manual and automatic lubrication systems, power transmission components (belts, pulleys, chains, couplings, and bushings), and maintenance tools such as hydraulic and alignment equipment. This catalog supports a B2B business model that pairs original equipment (OE) supply with a substantial aftermarket and service business, the latter generally being a higher-margin, more recurring revenue stream for large bearing manufacturers.
Beyond hardware, SKF offers application engineering, asset management, condition-based maintenance, remanufacturing, and training services to end markets including aerospace, agriculture, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, pulp and paper, railways, and wind energy. The service portfolio reflects an industry-wide shift among bearing manufacturers toward integrated reliability solutions and predictive maintenance, where sensor-based condition monitoring is used to reduce unplanned downtime and extend asset life for industrial customers.
- Industrial segment pricing actions drive margin expansion despite volume headwinds
- Automotive segment revenue softens on European light vehicle production weakness
- Wind energy and aerospace backlog supports Industrial segment growth
| Net Income: 4.50b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.58 > 1.0 |
| NWC/Revenue: 39.19% < 20% (prev 30.21%; Δ 8.98% < -1%) |
| CFO/TA 0.05 > 3% & CFO 6.21b > Net Income 4.50b |
| Net Debt (-1.95b) to EBITDA (12.3b): -0.16 < 3 |
| Current Ratio: 2.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (455.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 27.97% > 18% (prev 27.41%; Δ 0.57% > 0.5%) |
| Asset Turnover: 77.85% > 50% (prev 85.79%; Δ -7.94% > 0%) |
| Interest Coverage Ratio: 10.05 > 6 (EBIT TTM 7.86b / Interest Expense TTM 782.0m) |
| A: 0.30 (Total Current Assets 64.5b - Total Current Liabilities 29.5b) / Total Assets 119b |
| B: 0.45 (Retained Earnings 53.9b / Total Assets 119b) |
| C: 0.07 (EBIT TTM 7.86b / Avg Total Assets 115b) |
| D: 0.98 (Book Value of Equity 57.5b / Total Liabilities 58.7b) |
| Altman-Z'' = 4.91 = AAA |
| DSRI: 1.14 (Receivables 18.1b/16.9b, Revenue 89.5b/95.5b) |
| GMI: 0.98 (GM 27.41% / 27.97%) |
| AQI: 0.98 (AQ_t 0.19 / AQ_t-1 0.19) |
| SGI: 0.94 (Revenue 89.5b / 95.5b) |
| TATA: -0.01 (NI 4.50b - CFO 6.21b) / TA 119b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of August 16, 2026, the stock is trading at SEK 262.00 with a total of 352,591 shares traded. Over the past week, the price has changed by +0.08%, over one month by +1.20%, over three months by +15.47% and over the past year by +13.00%.
Current recommended Stop Loss: 248.80 (which is 5% or 2.6 ATR below the current price).
AB SKF (publ) has no consensus analysts rating.
P/E Trailing = 26.4444
P/E Forward = 15.5039
P/S = 1.3324
P/B = 2.1086
P/EG = 0.6654
Revenue TTM = 89.5b SEK
EBIT TTM = 7.86b SEK
EBITDA TTM = 12.3b SEK
Long Term Debt = 11.8b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 2.11b SEK (from shortTermDebt, last quarter)
Debt = 23.5b SEK (from shortLongTermDebtTotal, last quarter) + Leases 2.90b
Net Debt = -1.95b SEK (calculated: Debt 23.5b - CCE 25.4b)
Enterprise Value = 117b SEK (119b + Debt 23.5b - CCE 25.4b)
Interest Coverage Ratio = 10.05 (Ebit TTM 7.86b / Interest Expense TTM 782.0m)
EV/FCF = 42.93x (Enterprise Value 117b / FCF TTM 2.73b)
FCF Yield = 2.33% (FCF TTM 2.73b / Enterprise Value 117b)
FCF Margin = 3.05% (FCF TTM 2.73b / Revenue TTM 89.5b)
Net Margin = 5.03% (Net Income TTM 4.50b / Revenue TTM 89.5b)
Gross Margin = 27.97% ((Revenue TTM 89.5b - Cost of Revenue TTM 64.5b) / Revenue TTM)
Gross Margin QoQ = 29.67% (prev 29.32%)
Tobins Q-Ratio = 0.99 (Enterprise Value 117b / Total Assets 119b)
Interest Expense / Debt = 3.33% (Interest Expense 782.0m / Debt 23.5b)
Taxrate = 34.81% (2.56b / 7.34b)
NOPAT = 5.12b (EBIT 7.86b * (1 - 34.81%))
Current Ratio = 2.19 (Total Current Assets 64.5b / Total Current Liabilities 29.5b)
Debt / Equity = 0.41 (Debt 23.5b / totalStockholderEquity, last quarter 57.5b)
Debt / EBITDA = -0.16 (Net Debt -1.95b / EBITDA 12.3b)
Debt / FCF = -0.71 (Net Debt -1.95b / FCF TTM 2.73b)
Total Stockholder Equity = 55.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.92% (Net Income 4.50b / Total Assets 119b)
RoE = 8.12% (Net Income TTM 4.50b / Total Stockholder Equity 55.5b)
RoCE = 11.68% (EBIT 7.86b / Capital Employed (Equity 55.5b + L.T.Debt 11.8b))
RoIC = 5.90% (NOPAT 5.12b / Invested Capital 86.8b)
WACC = 7.90% (E(119b)/V(143b) * Re(9.03%) + D(23.5b)/V(143b) * Rd(3.33%) * (1-Tc(0.35)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈3.82b ; Y1≈3.35b ; Y5≈2.70b
[DCF] Fair Price = 106.4 (EV 43.4b - Net Debt -1.95b = Equity 45.4b / Shares 426.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -67.31 | EPS CAGR: -2.37% | SUE: 2.38 | # QB: 2
Revenue Correlation: -98.69 | Revenue CAGR: -5.77% | SUE: 0.16 | # QB: 0
EPS current Quarter (2026-09-30): EPS=4.34 | Chg30d=+11.43% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=16.80 | Chg30d=-0.45% | Revisions=+50% | GrowthEPS=-2.5% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=19.01 | Chg30d=+0.34% | Revisions=+64% | GrowthEPS=+13.2% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +68% (up=22, down=3)