Atlas Copco AB (SE:ATCO.A)
:ATCO.A
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Atlas Copco AB
(ATCO.A)
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Rating:76Outperform
Price Target:
kr183.00
▲(12.89% Upside)
Action:UpgradedDate:01/29/26
The score is driven by strong underlying financial quality (durable margins, high ROE, improving leverage) and supportive technical trend signals. This is tempered by a rich valuation (high P/E and modest yield) and recent slowing in revenue, earnings, and free-cash-flow momentum.
Positive Factors
High, Stable Profitability
Consistently strong gross and operating margins indicate durable pricing power and cost structure. These margins support resilient earnings through cycles, enable reinvestment in R&D and service networks, and provide a structural cushion that sustains cash generation and shareholder returns over months.
Negative Factors
Recent Revenue & Net Income Declines
Sequential declines in revenue and net income point to softer end‑market demand or pricing pressure. If this trend persists over the coming quarters it can erode operating leverage, force cost actions that hamper growth initiatives, and reduce the pace of installed‑base expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
High, Stable Profitability
Consistently strong gross and operating margins indicate durable pricing power and cost structure. These margins support resilient earnings through cycles, enable reinvestment in R&D and service networks, and provide a structural cushion that sustains cash generation and shareholder returns over months.
Read all positive factors
Atlas Copco AB (ATCO.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr760.77B
Dividend Yield1.82%
Average Volume (3M)4.61M
Price to Earnings (P/E)30.6
Beta (1Y)1.39
Revenue Growth-2.38%
EPS Growth-4.00%
CountrySE
Employees55,248
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)1.36
Shares Outstanding3,357,576,400
10 Day Avg. Volume4,404,649
30 Day Avg. Volume4,613,898
Financial Highlights & Ratios
PEG Ratio-2.75
Price to Book (P/B)7.34
Price to Sales (P/S)4.80
P/FCF Ratio28.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr198.50Price Target Upside22.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)5.91
Revenue Forecast (FY)kr173.31B
Atlas Copco AB Business Overview & Revenue Model
Company Description
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth ...
How the Company Makes Money
Atlas Copco makes money primarily by selling equipment and by providing aftermarket support over the installed base of that equipment. Key revenue streams include: (1) Equipment sales: One-time revenue from the sale of compressors (including air t...
Atlas Copco AB Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
82
Very Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 168.34B | 176.77B | 172.66B | 141.32B | 110.91B |
| Gross Profit | 72.21B | 75.74B | 75.12B | 59.38B | 46.54B |
| EBITDA | 43.64B | 46.40B | 44.17B | 36.07B | 28.61B |
| Net Income | 26.42B | 29.78B | 28.04B | 23.48B | 18.13B |
Balance Sheet | |||||
| Total Assets | 202.45B | 208.54B | 182.68B | 172.30B | 136.68B |
| Cash, Cash Equivalents and Short-Term Investments | 16.13B | 19.33B | 11.22B | 11.85B | 19.58B |
| Total Debt | 34.90B | 34.71B | 32.71B | 36.30B | 24.85B |
| Total Liabilities | 92.07B | 94.78B | 91.18B | 92.28B | 69.05B |
| Stockholders Equity | 110.21B | 113.70B | 91.45B | 79.98B | 67.63B |
Cash Flow | |||||
| Free Cash Flow | 28.28B | 30.86B | 22.63B | 16.35B | 19.79B |
| Operating Cash Flow | 32.57B | 36.89B | 28.08B | 21.38B | 23.15B |
| Investing Cash Flow | -17.62B | -13.32B | -9.39B | -15.50B | -6.12B |
| Financing Cash Flow | -16.37B | -15.86B | -18.28B | -14.65B | -10.32B |
Atlas Copco AB Technical Analysis
Negative
162.10
Price Trends
183.27
Negative
173.52
Negative
164.23
Negative
Market Momentum
-6.79
Positive
33.92
Neutral
41.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ATCO.A, the sentiment is Negative. The current price of 162.1 is below the 20-day moving average (MA) of 172.67, below the 50-day MA of 183.27, and below the 200-day MA of 164.23, indicating a bearish trend. The MACD of -6.79 indicates Positive momentum. The RSI at 33.92 is Neutral, neither overbought nor oversold. The STOCH value of 41.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ATCO.A.
Atlas Copco AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | kr760.77B | 30.60 | 24.69% | 1.82% | -2.38% | -4.00% | |
73 Outperform | kr213.28B | 23.27 | 20.42% | 1.84% | 3.54% | 20.94% | |
70 Outperform | kr435.77B | 25.67 | 16.39% | 1.94% | -1.77% | 21.13% | |
63 Neutral | kr42.71B | 27.94 | 22.44% | 1.71% | 14.48% | 0.52% | |
61 Neutral | kr77.25B | 24.91 | 9.65% | 1.95% | 2.73% | 7.56% | |
57 Neutral | kr65.26B | 32.51 | 11.04% | 0.95% | 9.08% | -3.36% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
SE:ATCO.A
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Atlas Copco AB Corporate Events
Atlas Copco to Acquire Ultra-High Purity Gas Systems Division from CVD Equipment
Mar 24, 2026
Atlas Copco Group has agreed to acquire the assets of Stainless Design Concepts, the division of CVD Equipment Corporation that designs and manufactures ultra-high purity gas and chemical delivery systems for semiconductor and industrial customers...
Atlas Copco Sets April Date and Mail-Voting Option for 2026 AGM
Mar 23, 2026
Atlas Copco AB has called its 2026 Annual General Meeting for April 28 at Nya Cirkus in central Stockholm, offering shareholders the option to attend in person or be represented by proxy. To participate, investors must be registered with Euroclear...
Atlas Copco’s Industrial Technique Chief to Depart as Group Starts Successor Search
Mar 4, 2026
Atlas Copco Group has announced that Henrik Elmin, Senior Executive Vice President and Business Area President for Industrial Technique, will leave the company in September to pursue board positions and industrial advisory roles. Elmin, who joined...
Atlas Copco Buys Louisiana Portable Compressor Distributor Cypress Equipment Rental
Mar 3, 2026
Atlas Copco Group has acquired Cypress Equipment Rental, a Louisiana-based distributor of portable compressors that will be integrated into its Portable Air division within the Power Technique business area. Cypress, with 14 employees and 2025 rev...
Atlas Copco to acquire U.S. vacuum specialist LACO Technologies
Feb 20, 2026
Atlas Copco Group is expanding its vacuum technology portfolio with the acquisition of LACO Technologies, a U.S.-based designer and manufacturer of complete vacuum solutions, vacuum chambers and advanced leak detection systems for aerospace, RD an...
Atlas Copco Nominates Volvo Chief Martin Lundstedt to Strengthen Board
Feb 20, 2026
Atlas Copco’s Nomination Committee has proposed Volvo Group President and CEO Martin Lundstedt as a new member of the Board of Directors ahead of the 2026 Annual General Meeting, adding a leader with deep experience in global industrial oper...
Atlas Copco strengthens German process filtration presence with Zind acquisition
Feb 3, 2026
Atlas Copco has expanded its footprint in process filtration by integrating the business of Zind Verfahrenstechnik, a Mainz-based German distributor of filter cartridges, capsules, housings and spare parts serving industrial customers in sectors s...
Atlas Copco Maintains Payout and Incentives Despite 2025 Profit and Margin Decline
Jan 27, 2026
Atlas Copco reported a softer 2025 with orders received down 3% to SEK 165.8 billion and revenues down 5% to SEK 168.3 billion, largely hit by adverse currency effects, even as organic order intake grew 1% and acquisitions contributed 2%. Full-yea...
Atlas Copco Lifts Orders but Margins and Cash Flow Weaken in Q4 2025
Jan 27, 2026
Atlas Copco reported a mixed fourth quarter for 2025, with order intake rising organically by 4% to MSEK 38,606 as both equipment and service orders increased across North America, Europe and Asia, while revenues declined 7% to MSEK 42,782 and adj...
Atlas Copco to Present Q4 2025 Results on January 27
Jan 13, 2026
Atlas Copco Group has announced that it will publish its fourth-quarter 2025 results on January 27, 2026, at around 12:00 CET, followed by a conference call for investors, analysts and media at 14:00 CET the same day. President and CEO Vagner Rego...
Atlas Copco expands U.S. compressor footprint with Florida acquisition
Jan 7, 2026
Atlas Copco has acquired the assets of Air Compressor Works Inc., a Florida-based distributor of air compressor equipment and services whose customers are primarily general industry operators in South Florida. Founded in 1979, Air Compressor Works...
Atlas Copco Finalizes Acquisition of Brazilian Compressor Distributor Centroar
Jan 7, 2026
Atlas Copco has completed the acquisition of Centro do Ar Comprimido do Recife Ltda (Centroar), a Recife-based distributor of compressors and power equipment in northeastern Brazil. Centroar, which serves customers across general industry, mining,...
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.