ASSA ABLOY AB-B (1ASSA.MI) Stock Fundamental Analysis
BIT:1ASSA - Euronext Milan - SE0007100581 - Common Stock - Currency: EUR
Overall 1ASSA gets a fundamental rating of 5 out of 10. We evaluated 1ASSA against 21 industry peers in the Building Products industry. 1ASSA scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, 1ASSA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year 1ASSA was profitable.
1ASSA had a positive operating cash flow in the past year.
In the past 5 years 1ASSA has always been profitable.
1ASSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1ASSA has a Return On Assets of 6.99%. This is amongst the best in the industry. 1ASSA outperforms 90.48% of its industry peers.
The Return On Equity of 1ASSA (14.61%) is better than 80.95% of its industry peers.
1ASSA has a better Return On Invested Capital (9.81%) than 80.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1ASSA is in line with the industry average of 9.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.99% | ||
| ROE | 14.61% | ||
| ROIC | 9.81% |
ROA(3y)7.51%
ROA(5y)7.75%
ROE(3y)14.98%
ROE(5y)15.24%
ROIC(3y)10.5%
ROIC(5y)10.14%
1.3 Margins
The Profit Margin of 1ASSA (10.41%) is better than 90.48% of its industry peers.
1ASSA's Profit Margin has been stable in the last couple of years.
The Operating Margin of 1ASSA (16.12%) is better than 90.48% of its industry peers.
In the last couple of years the Operating Margin of 1ASSA has remained more or less at the same level.
Looking at the Gross Margin, with a value of 41.77%, 1ASSA is in line with its industry, outperforming 47.62% of the companies in the same industry.
In the last couple of years the Gross Margin of 1ASSA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.12% | ||
| PM (TTM) | 10.41% | ||
| GM | 41.77% |
OM growth 3Y2.3%
OM growth 5Y0.87%
PM growth 3Y-3.17%
PM growth 5Y-0.4%
GM growth 3Y1.66%
GM growth 5Y0.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1ASSA is still creating some value.
1ASSA has about the same amout of shares outstanding than it did 1 year ago.
1ASSA has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for 1ASSA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.26 indicates that 1ASSA is not in any danger for bankruptcy at the moment.
1ASSA has a better Altman-Z score (3.26) than 80.95% of its industry peers.
The Debt to FCF ratio of 1ASSA is 3.90, which is a good value as it means it would take 1ASSA, 3.90 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.90, 1ASSA is doing good in the industry, outperforming 76.19% of the companies in the same industry.
1ASSA has a Debt/Equity ratio of 0.62. This is a neutral value indicating 1ASSA is somewhat dependend on debt financing.
1ASSA has a Debt to Equity ratio of 0.62. This is comparable to the rest of the industry: 1ASSA outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 3.26 |
ROIC/WACC1.61
WACC6.08%
2.3 Liquidity
1ASSA has a Current Ratio of 1.10. This is a normal value and indicates that 1ASSA is financially healthy and should not expect problems in meeting its short term obligations.
1ASSA has a Current ratio of 1.10. This is amonst the worse of the industry: 1ASSA underperforms 80.95% of its industry peers.
A Quick Ratio of 0.69 indicates that 1ASSA may have some problems paying its short term obligations.
1ASSA has a Quick ratio of 0.69. This is in the lower half of the industry: 1ASSA underperforms 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.62% over the past year.
Measured over the past years, 1ASSA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.77% on average per year.
1ASSA shows a small growth in Revenue. In the last year, the Revenue has grown by 6.53%.
1ASSA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.81% yearly.
EPS 1Y (TTM)1.62%
EPS 3Y12.72%
EPS 5Y8.77%
EPS Q2Q%-28.94%
Revenue 1Y (TTM)6.53%
Revenue growth 3Y16.48%
Revenue growth 5Y9.81%
Sales Q2Q%7.78%
3.2 Future
The Earnings Per Share is expected to grow by 9.75% on average over the next years. This is quite good.
Based on estimates for the next years, 1ASSA will show a small growth in Revenue. The Revenue will grow by 6.65% on average per year.
EPS Next Y4.23%
EPS Next 2Y9.48%
EPS Next 3Y9.48%
EPS Next 5Y9.75%
Revenue Next Year3.32%
Revenue Next 2Y3.81%
Revenue Next 3Y4.54%
Revenue Next 5Y6.65%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
1ASSA is valuated rather expensively with a Price/Earnings ratio of 23.61.
The rest of the industry has a similar Price/Earnings ratio as 1ASSA.
When comparing the Price/Earnings ratio of 1ASSA to the average of the S&P500 Index (26.34), we can say 1ASSA is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 18.47, the valuation of 1ASSA can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as 1ASSA.
1ASSA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.61 | ||
| Fwd PE | 18.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1ASSA is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
1ASSA's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.43 | ||
| EV/EBITDA | 13.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
1ASSA has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.58
PEG (5Y)2.69
EPS Next 2Y9.48%
EPS Next 3Y9.48%
5. Dividend
5.1 Amount
1ASSA has a Yearly Dividend Yield of 1.94%. Purely for dividend investing, there may be better candidates out there.
1ASSA's Dividend Yield is comparable with the industry average which is at 3.95.
Compared to an average S&P500 Dividend Yield of 2.40, 1ASSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
The dividend of 1ASSA is nicely growing with an annual growth rate of 9.06%!
Dividend Growth(5Y)9.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ASSA pays out 38.36% of its income as dividend. This is a sustainable payout ratio.
The dividend of 1ASSA is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP38.36%
EPS Next 2Y9.48%
EPS Next 3Y9.48%
BIT:1ASSA (6/10/2025, 7:00:00 PM)
28.1
-0.15 (-0.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners70.03%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap29.65B
Analysts73.85
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend0.5
Dividend Growth(5Y)9.06%
DP38.36%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.33%
Min EPS beat(2)-2.1%
Max EPS beat(2)-0.56%
EPS beat(4)0
Avg EPS beat(4)-2.13%
Min EPS beat(4)-3.34%
Max EPS beat(4)-0.56%
EPS beat(8)1
Avg EPS beat(8)-4.58%
EPS beat(12)5
Avg EPS beat(12)-1.57%
EPS beat(16)8
Avg EPS beat(16)0.8%
Revenue beat(2)1
Avg Revenue beat(2)-0.52%
Min Revenue beat(2)-1.19%
Max Revenue beat(2)0.14%
Revenue beat(4)1
Avg Revenue beat(4)-1.24%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)0.14%
Revenue beat(8)3
Avg Revenue beat(8)-0.54%
Revenue beat(12)7
Avg Revenue beat(12)0.64%
Revenue beat(16)10
Avg Revenue beat(16)0.62%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.61 | ||
| Fwd PE | 18.47 | ||
| P/S | 2.18 | ||
| P/FCF | 17.43 | ||
| P/OCF | 15.34 | ||
| P/B | 3.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.2 |
EPS(TTM)1.19
EY4.23%
EPS(NY)1.52
Fwd EY5.41%
FCF(TTM)1.61
FCFY5.74%
OCF(TTM)1.83
OCFY6.52%
SpS12.86
BVpS9.17
TBVpS-3.28
PEG (NY)5.58
PEG (5Y)2.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.99% | ||
| ROE | 14.61% | ||
| ROCE | 13.98% | ||
| ROIC | 9.81% | ||
| ROICexc | 9.86% | ||
| ROICexgc | 53% | ||
| OM | 16.12% | ||
| PM (TTM) | 10.41% | ||
| GM | 41.77% | ||
| FCFM | 12.54% |
ROA(3y)7.51%
ROA(5y)7.75%
ROE(3y)14.98%
ROE(5y)15.24%
ROIC(3y)10.5%
ROIC(5y)10.14%
ROICexc(3y)10.7%
ROICexc(5y)10.41%
ROICexgc(3y)56.66%
ROICexgc(5y)55.24%
ROCE(3y)14.93%
ROCE(5y)14.23%
ROICexcg growth 3Y0.92%
ROICexcg growth 5Y1.77%
ROICexc growth 3Y-3.02%
ROICexc growth 5Y-3.08%
OM growth 3Y2.3%
OM growth 5Y0.87%
PM growth 3Y-3.17%
PM growth 5Y-0.4%
GM growth 3Y1.66%
GM growth 5Y0.92%
F-Score8
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.9 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 45.39% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 7.19 | ||
| Cash Conversion | 71.66% | ||
| Profit Quality | 120.4% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 3.26 |
F-Score8
WACC6.08%
ROIC/WACC1.61
Cap/Depr(3y)48.41%
Cap/Depr(5y)47.53%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.82%
Profit Quality(3y)116.75%
Profit Quality(5y)115.61%
High Growth Momentum
Growth
EPS 1Y (TTM)1.62%
EPS 3Y12.72%
EPS 5Y8.77%
EPS Q2Q%-28.94%
EPS Next Y4.23%
EPS Next 2Y9.48%
EPS Next 3Y9.48%
EPS Next 5Y9.75%
Revenue 1Y (TTM)6.53%
Revenue growth 3Y16.48%
Revenue growth 5Y9.81%
Sales Q2Q%7.78%
Revenue Next Year3.32%
Revenue Next 2Y3.81%
Revenue Next 3Y4.54%
Revenue Next 5Y6.65%
EBIT growth 1Y18.36%
EBIT growth 3Y19.16%
EBIT growth 5Y10.77%
EBIT Next Year21.84%
EBIT Next 3Y12.32%
EBIT Next 5Y11.81%
FCF growth 1Y0.93%
FCF growth 3Y20.57%
FCF growth 5Y11.71%
OCF growth 1Y0.46%
OCF growth 3Y19.75%
OCF growth 5Y11.05%