SKF-B Stock Analysis: AB SKF (publ) | ST
Tools & Accessories | ST, Sweden | Market Cap: 113.030m SEK | 12M Return: 17.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 261M
EPS Trend: -72.3%
Qual. Beats: 0
Rev. Trend: -97.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
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: 3.76b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.93 > 1.0 |
| NWC/Revenue: 33.53% < 20% (prev 32.10%; Δ 1.43% < -1%) |
| CFO/TA 0.06 > 3% & CFO 6.97b > Net Income 3.76b |
| Net Debt (10.0b) to EBITDA (11.8b): 0.85 < 3 |
| Current Ratio: 2.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (455.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 26.60% > 18% (prev 27.98%; Δ -1.38% > 0.5%) |
| Asset Turnover: 79.71% > 50% (prev 86.57%; Δ -6.86% > 0%) |
| Interest Coverage Ratio: 5.71 > 6 (EBIT TTM 7.51b / Interest Expense TTM 1.32b) |
| A: 0.27 (Total Current Assets 57.6b - Total Current Liabilities 27.6b) / Total Assets 111b |
| B: 0.48 (Retained Earnings 53.9b / Total Assets 111b) |
| C: 0.07 (EBIT TTM 7.51b / Avg Total Assets 112b) |
| D: 1.09 (Book Value of Equity 56.9b / Total Liabilities 52.2b) |
| Altman-Z'' = 4.94 = AAA |
| DSRI: 1.10 (Receivables 16.8b/16.8b, Revenue 89.5b/98.0b) |
| GMI: 1.05 (GM 27.98% / 26.60%) |
| AQI: 1.05 (AQ_t 0.20 / AQ_t-1 0.19) |
| SGI: 0.91 (Revenue 89.5b / 98.0b) |
| TATA: -0.03 (NI 3.76b - CFO 6.97b) / TA 111b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of July 02, 2026, the stock is trading at SEK 248.80 with a total of 1,143,949 shares traded. Over the past week, the price has changed by +0.44%, over one month by +5.47%, over three months by +9.96% and over the past year by +17.08%.
Current recommended Stop Loss: 238.00 (which is 4.3% or 1.8 ATR below the current price).
AB SKF (publ) has no consensus analysts rating.
P/E Trailing = 30.0727
P/E Forward = 14.5985
P/S = 1.263
P/B = 1.9809
P/EG = 0.6268
Revenue TTM = 89.5b SEK
EBIT TTM = 7.51b SEK
EBITDA TTM = 11.8b SEK
Long Term Debt = 11.8b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 2.10b SEK (from shortTermDebt, last quarter)
Debt = 18.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 2.90b
Net Debt = 10.0b SEK (calculated: Debt 18.4b - CCE 8.39b)
Enterprise Value = 123b SEK (113b + Debt 18.4b - CCE 8.39b)
Interest Coverage Ratio = 5.71 (Ebit TTM 7.51b / Interest Expense TTM 1.32b)
EV/FCF = 37.51x (Enterprise Value 123b / FCF TTM 3.28b)
FCF Yield = 2.67% (FCF TTM 3.28b / Enterprise Value 123b)
FCF Margin = 3.67% (FCF TTM 3.28b / Revenue TTM 89.5b)
Net Margin = 4.20% (Net Income TTM 3.76b / Revenue TTM 89.5b)
Gross Margin = 26.60% ((Revenue TTM 89.5b - Cost of Revenue TTM 65.7b) / Revenue TTM)
Gross Margin QoQ = 29.32% (prev 25.74%)
Tobins Q-Ratio = 1.10 (Enterprise Value 123b / Total Assets 111b)
Interest Expense / Debt = 7.15% (Interest Expense 1.32b / Debt 18.4b)
Taxrate = 34.81% (2.16b / 6.20b)
NOPAT = 4.90b (EBIT 7.51b * (1 - 34.81%))
Current Ratio = 2.09 (Total Current Assets 57.6b / Total Current Liabilities 27.6b)
Debt / Equity = 0.32 (Debt 18.4b / totalStockholderEquity, last quarter 56.9b)
Debt / EBITDA = 0.85 (Net Debt 10.0b / EBITDA 11.8b)
Debt / FCF = 3.05 (Net Debt 10.0b / FCF TTM 3.28b)
Total Stockholder Equity = 54.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.35% (Net Income 3.76b / Total Assets 111b)
RoE = 6.91% (Net Income TTM 3.76b / Total Stockholder Equity 54.4b)
RoCE = 11.35% (EBIT 7.51b / Capital Employed (Equity 54.4b + L.T.Debt 11.8b))
RoIC = 6.02% (NOPAT 4.90b / Invested Capital 81.4b)
WACC = 8.44% (E(113b)/V(131b) * Re(9.06%) + D(18.4b)/V(131b) * Rd(7.15%) * (1-Tc(0.35)))
Discount Rate = 9.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 72.74% ; FCFF base≈3.72b ; Y1≈3.26b ; Y5≈2.64b
[DCF] Fair Price = 74.27 (EV 41.7b - Net Debt 10.0b = Equity 31.7b / Shares 426.4m; r=8.44% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -72.32 | EPS CAGR: -10.62% | SUE: 0.44 | # QB: 0
Revenue Correlation: -97.54 | Revenue CAGR: -5.37% | SUE: -0.23 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.89 | Chg30d=+1.31% | Revisions=-14% | Analysts=4
EPS current Year (2026-12-31): EPS=16.77 | Chg30d=+0.42% | Revisions=+7% | GrowthEPS=-2.7% | GrowthRev=-0.9%
EPS next Year (2027-12-31): EPS=18.80 | Chg30d=+0.68% | Revisions=-33% | GrowthEPS=+12.1% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -33%