Assa Abloy (SE:ASSA.B)
:ASSA.B
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Assa Abloy
(ASSA.B)
Select Model
Select Model
Rating:66Neutral
Price Target:
kr373.00
â–²(8.08% Upside)
Action:DowngradedDate:02/07/26
The score is driven primarily by solid underlying profitability and dependable cash generation, but is held back by the latest reported revenue contraction and increased leverage. Technicals remain trend-positive but appear overbought, while valuation is relatively expensive (high P/E and modest yield), tempering the overall attractiveness.
Positive Factors
Margin sustainability
Improving gross margins and steady EBIT margins reflect durable pricing power and a favorable shift in product mix toward higher‑value electromechanical and software‑linked offerings. Such structural margin strength supports long‑term cash generation and resilience through cycles.
Negative Factors
Recent revenue contraction
A sharp near‑term revenue decline weakens top‑line momentum and can erode operating leverage, making it harder to sustain investment and margins. If the sales slump persists it will pressure utilization, service attach rates and strategic initiatives over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin sustainability
Improving gross margins and steady EBIT margins reflect durable pricing power and a favorable shift in product mix toward higher‑value electromechanical and software‑linked offerings. Such structural margin strength supports long‑term cash generation and resilience through cycles.
Read all positive factors
Assa Abloy (ASSA.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr383.33B
Dividend Yield1.66%
Average Volume (3M)1.25M
Price to Earnings (P/E)27.1
Beta (1Y)1.06
Revenue Growth4.15%
EPS Growth-4.20%
CountrySE
Employees64,460
SectorGeneral
Sector StrengthN/A
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)3.85
Shares Outstanding1,055,050,400
10 Day Avg. Volume1,320,533
30 Day Avg. Volume1,250,286
Financial Highlights & Ratios
PEG Ratio-4.49
Price to Book (P/B)3.92
Price to Sales (P/S)2.62
P/FCF Ratio21.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr426.20Price Target Upside23.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)15.82
Revenue Forecast (FY)kr154.70B
Assa Abloy Business Overview & Revenue Model
Company Description
ASSA ABLOY AB (publ) provides door opening products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company offers mechanical a...
How the Company Makes Money
ASSA ABLOY primarily makes money by selling access and entrance solutions and associated services to end users and channel partners. Its core revenue stream is product sales across categories such as mechanical and electromechanical locking device...
Assa Abloy Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
64
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 152.41B | 150.16B | 140.72B | 120.79B | 95.01B |
| Gross Profit | 64.97B | 62.73B | 56.50B | 47.93B | 37.78B |
| EBITDA | 29.20B | 29.85B | 26.95B | 22.66B | 18.02B |
| Net Income | 14.70B | 15.64B | 13.63B | 13.29B | 10.90B |
Balance Sheet | |||||
| Total Assets | 208.37B | 223.60B | 196.35B | 154.56B | 129.97B |
| Cash, Cash Equivalents and Short-Term Investments | 1.40B | 4.50B | 1.70B | 3.42B | 4.33B |
| Total Debt | 70.25B | 73.50B | 65.19B | 33.73B | 28.75B |
| Total Liabilities | 106.65B | 116.52B | 104.71B | 68.54B | 60.38B |
| Stockholders Equity | 101.60B | 107.07B | 91.63B | 86.01B | 69.58B |
Cash Flow | |||||
| Free Cash Flow | 18.81B | 19.33B | 18.88B | 12.36B | 10.74B |
| Operating Cash Flow | 21.41B | 21.39B | 21.29B | 14.36B | 12.46B |
| Investing Cash Flow | -13.16B | -13.93B | -47.90B | -10.56B | -3.09B |
| Financing Cash Flow | -11.18B | -4.45B | 24.73B | -4.70B | -7.81B |
Assa Abloy Technical Analysis
Positive
345.10
Price Trends
362.05
Negative
359.63
Negative
342.23
Positive
Market Momentum
-7.37
Negative
48.51
Neutral
91.59
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ASSA.B, the sentiment is Positive. The current price of 345.1 is above the 20-day moving average (MA) of 339.86, below the 50-day MA of 362.05, and above the 200-day MA of 342.23, indicating a neutral trend. The MACD of -7.37 indicates Negative momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of 91.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ASSA.B.
Assa Abloy Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | kr29.05B | 16.76 | 12.76% | 3.63% | 2.58% | 19.07% | |
67 Neutral | kr93.39B | 12.34 | 13.15% | 3.10% | -0.74% | 6.55% | |
66 Neutral | kr383.33B | 27.12 | 14.58% | 1.66% | 4.15% | -4.20% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
SE:ASSA.B
Assa Abloy
345.10
89.85
35.20%
SE:LOOMIS
Loomis AB
438.60
87.33
24.86%
SE:SECU.B
Securitas AB
163.00
37.50
29.88%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.