SKF-B Stock Analysis: AB SKF (publ) | ST
Tools & Accessories | ST, Sweden | Market Cap: 123.491m SEK | 12M Return: 20.4% | SE0000108227 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 312M
EPS Trend: -85.0%
Qual. Beats: 0
Rev. Trend: -97.6%
Qual. Beats: -1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
AB SKF (publ) is a Swedish industrial company founded in 1907 and headquartered in Gothenburg. It designs, manufactures, and sells a wide range of bearings, seals, lubrication systems, condition monitoring solutions, and related services to customers worldwide. The company operates through two main segments: Industrial and Automotive, serving diverse end markets including aerospace, agriculture, construction, marine, mining, railways, wind energy, and food and beverage, among others.
Beyond its core bearing products, SKF offers a broad portfolio of complementary items such as chains, sprockets, bushings, couplings, power transmission components, as well as maintenance tools and condition monitoring systems. Its service offerings span application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing, and training solutions, reflecting a shift toward integrated reliability and lifecycle management solutions rather than standalone product sales.
As a large-cap industrial listed on the Stockholm Stock Exchange, SKF operates within the GICS Industrials sector, specifically the Electrical Components & Equipment sub-industry. Its business model combines hardware manufacturing with value-added services such as predictive maintenance and asset management, which are increasingly relevant as industrial customers seek to reduce downtime and extend equipment lifespan through digital monitoring technologies.
- Industrial demand softens amid European manufacturing slowdown
- Automotive segment exposed to EV transition and ICE decline
- Steel input costs pressure near-term gross margins
| Net Income: 4.78b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.95 > 1.0 |
| NWC/Revenue: 32.58% < 20% (prev 31.08%; Δ 1.50% < -1%) |
| CFO/TA 0.05 > 3% & CFO 6.43b > Net Income 4.78b |
| Net Debt (12.0b) to EBITDA (12.6b): 0.95 < 3 |
| Current Ratio: 2.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (490.7m) vs 12m ago 7.77% < -2% |
| Gross Margin: 29.52% > 18% (prev 27.28%; Δ 2.24% > 0.5%) |
| Asset Turnover: 73.53% > 50% (prev 88.21%; Δ -14.68% > 0%) |
| Interest Coverage Ratio: 10.88 > 6 (EBIT TTM 8.51b / Interest Expense TTM 782.0m) |
| A: 0.22 (Total Current Assets 50.3b - Total Current Liabilities 22.7b) / Total Assets 123b |
| B: 0.44 (Retained Earnings 53.9b / Total Assets 123b) |
| C: 0.07 (EBIT TTM 8.51b / Avg Total Assets 115b) |
| D: 1.02 (Book Value of Equity 60.8b / Total Liabilities 59.7b) |
| Altman-Z'' = 4.47 = AA |
| DSRI: 0.89 (Receivables 13.0b/16.4b, Revenue 84.5b/94.3b) |
| GMI: 0.92 (GM 27.28% / 29.52%) |
| AQI: 1.91 (AQ_t 0.39 / AQ_t-1 0.20) |
| SGI: 0.90 (Revenue 84.5b / 94.3b) |
| TATA: -0.01 (NI 4.78b - CFO 6.43b) / TA 123b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of November 14, 2026, the stock is trading at SEK 280.20 with a total of 753,727 shares traded. Over the past week, the price has changed by +3.32%, over one month by +3.38%, over three months by +8.72% and over the past year by +20.37%.
Current recommended Stop Loss: 271.20 (which is 3.2% or 1.4 ATR below the current price).
AB SKF (publ) has no consensus analysts rating.
P/E Trailing = 20.9745
P/E Forward = 13.6054
P/S = 1.3525
P/B = 2.0499
P/EG = 0.913
Revenue TTM = 84.5b SEK
EBIT TTM = 8.51b SEK
EBITDA TTM = 12.6b SEK
Long Term Debt = 11.8b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 1.95b SEK (from shortTermDebt, last quarter)
Debt = 23.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 2.90b
Net Debt = 12.0b SEK (calculated: Debt 23.4b - CCE 11.4b)
Enterprise Value = 135b SEK (123b + Debt 23.4b - CCE 11.4b)
Interest Coverage Ratio = 10.88 (Ebit TTM 8.51b / Interest Expense TTM 782.0m)
EV/FCF = 37.38x (Enterprise Value 135b / FCF TTM 3.62b)
FCF Yield = 2.68% (FCF TTM 3.62b / Enterprise Value 135b)
FCF Margin = 4.29% (FCF TTM 3.62b / Revenue TTM 84.5b)
Net Margin = 5.66% (Net Income TTM 4.78b / Revenue TTM 84.5b)
Gross Margin = 29.52% ((Revenue TTM 84.5b - Cost of Revenue TTM 59.6b) / Revenue TTM)
Gross Margin QoQ = 34.33% (prev 29.67%)
Tobins Q-Ratio = 1.10 (Enterprise Value 135b / Total Assets 123b)
Interest Expense / Debt = 3.34% (Interest Expense 782.0m / Debt 23.4b)
Taxrate = 34.02% (2.80b / 8.24b)
NOPAT = 5.61b (EBIT 8.51b * (1 - 34.02%))
Current Ratio = 2.21 (Total Current Assets 50.3b / Total Current Liabilities 22.7b)
Debt / Equity = 0.38 (Debt 23.4b / totalStockholderEquity, last quarter 60.8b)
Debt / EBITDA = 0.95 (Net Debt 12.0b / EBITDA 12.6b)
Debt / FCF = 3.30 (Net Debt 12.0b / FCF TTM 3.62b)
Total Stockholder Equity = 57.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.16% (Net Income 4.78b / Total Assets 123b)
RoE = 8.36% (Net Income TTM 4.78b / Total Stockholder Equity 57.2b)
RoCE = 12.33% (EBIT 8.51b / Capital Employed (Equity 57.2b + L.T.Debt 11.8b))
RoIC = 5.74% (NOPAT 5.61b / Invested Capital 97.9b)
WACC = 7.35% (E(123b)/V(147b) * Re(8.32%) + D(23.4b)/V(147b) * Rd(3.34%) * (1-Tc(0.34)))
Discount Rate = 8.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.22 | Cagr: 3.38%
[DCF] Terminal Value 73.43% ; FCFF base≈3.84b ; Y1≈3.43b ; Y5≈2.87b
[DCF] Fair Price = 79.64 (EV 45.9b - Net Debt 12.0b = Equity 34.0b / Shares 426.4m; r=8.35% [WACC [floored]]; 5y FCF grow -13.14% → 2.50% )
EPS Correlation: -84.99 | EPS CAGR: -3.45% | SUE: 0.53 | # QB: 0
Revenue Correlation: -97.59 | Revenue CAGR: -6.47% | SUE: -4.0 | # QB: -1
EPS current Quarter (2027-03-31): EPS=4.90 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=16.08 | Chg30d=-5.83% | Revisions=-10% | GrowthEPS=-6.7% | GrowthRev=-16.3%
EPS next Year (2027-12-31): EPS=18.55 | Chg30d=-4.14% | Revisions=-55% | GrowthEPS=+15.3% | GrowthRev=-0.5%
[Analyst] Revisions Ratio: -39% (up=4, down=11)