ASSA ABLOY AB (publ)

kr 394.60As of Sun 8 Nov 2026, 12:00 UTC

STO:ASSA-BIndustrials

Country Sweden

PE (Fwd) •••

TSR 10Y CAGR 10.97%

Div yield 1.62%

ROE 15.27%

Security & Protection Services

Beta (5Y) 0.84

PE TTM 25.83

TSR TTM 11.92%

Mkt cap kr 438.3B

ROIC 10.71%

SE Grade™

Value

Quality

Moat

Consensus

Reference

kr 464

17.53%

(13.81%)

Hold 8|8|4|11|9

TTM

FYE 31 Dec SEK

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

64.27

Revenuekr B

87.08

88.72

91.07

93.36

95.04

98.78

100.8

101.5

101.7

105.5

71.64

2.11%

2.22%

12.65

Revenue growth%

25.79

26.80

28.47

30.62

33.37

35.38

33.19

34.04

34.03

34.79

10.90

34.04

33.28

4.79

Gross margin%

4.22

5.56

4.53

1.58

0.40

3.00

0.70

1.37

0.40

13.12

0.70

1.48

20.07

Operating margin%

19.49

17.13

15.89

16.61

14.62

17.17

17.88

18.45

16.23

17.47

3.80

17.47

17.15

24.23

Net margin%

7.80

9.78

8.86

9.91

8.08

9.17

10.40

12.03

11.08

8.37

19.11

10.40

9.47

24.21

P/E ratio (avg)x

24.61

24.13

24.22

23.22

21.68

21.58

24.04

24.86

28.19

29.83

9.432

24.86

24.17

12.49

EV/EBITx

8.788

9.791

11.05

12.43

11.56

12.08

13.97

15.01

16.89

16.85

20.82

15.01

12.25

4.64

FCF yield (avg)%

2.80

1.85

0.40

1.79

2.71

5.04

7.26

10.20

9.15

9.77

16.17

9.15

3.92

28.66

FCF margin%

13.57

12.95

13.38

15.08

16.35

19.28

20.93

23.43

21.70

19.49

24.13

20.93

17.81

1.540

FCF / Net incomex

0.407

0.394

0.415

0.403

0.432

0.480

0.495

0.496

0.564

0.581

1.099

0.496

0.456

9.97

ROIC%

19.26

18.78

17.09

15.41

15.88

17.42

15.21

15.66

17.56

18.19

28.06

17.42

17.26

4.26

Return on equity%

8.54

5.59

3.30

2.28

0.40

1.09

0.40

1.70

3.32

2.91

1.09

1.99

3.19

Return on assets%

21.36

19.54

19.71

22.45

21.91

23.23

23.71

23.17

24.98

22.62

22.09

23.23

22.53

30.79

EPSkr

24.58

23.66

24.00

25.06

28.61

30.12

29.50

32.27

30.52

29.34

32.01

0.50%

2.56%

—

15.34

EPS growth%

21.68

23.93

21.96

19.34

19.46

16.88

19.72

18.56

20.38

16.12

19.46

20.05

13.99

Bookvalue per shkr

9.38

9.21

9.76

9.91

9.08

10.00

9.39

9.59

9.03

8.35

8.45

(1.67%)

(1.60%)

—

16.19

FCF per sharekr

41.86

43.05

48.81

43.98

41.97

39.73

41.82

42.73

46.71

52.49

17.33

4.58%

2.55%

—

35.15

Dividend per shkr

7.13

7.70

7.54

7.06

7.12

6.65

6.72

6.10

5.53

5.99

36.83

(3.41%)

(2.83%)

—

19.32

Div yield (avg)%

29.47

31.00

30.42

30.49

31.59

31.76

32.47

32.40

35.29

37.66

28.51

32.47

31.67

9.08

Payout ratio%

11.24

10.45

7.70

5.22

4.31

2.67

3.06

0.40

1.47

25.50

1.47

3.69

1.139

Shares (diluted)B

0.975

0.854

0.840

0.806

0.733

0.755

0.665

0.649

0.698

0.706

1.113

(0.76%)

(2.60%)

21.05

Buyback yield%

3.05

3.89

6.81

8.95

10.66

10.20

13.08

11.94

9.53

6.86

19.16

10.20

9.24

0.498

D/E ratiox

0.871

0.913

0.830

0.865

0.944

0.968

0.967

0.874

0.899

0.945

0.264

0.945

0.906

22.18

Enterprise valuekr B

51.30

53.19

50.37

46.43

48.98

50.70

57.56

62.85

65.23

66.64

59.14

6.35%

3.91%

54.82

LT debtkr B

56.49

63.24

58.80

65.00

61.48

67.60

63.55

62.26

63.94

70.05

66.26

2.64%

2.97%

Peers (US$44.31B)

Cap (US$)

AB Volvo (publ)

64.40B

16.29x

Sandvik AB (publ)

45.32B

23.51x

Saab AB (publ)

32.97B

43.44x

Thomson Reuters…

48.74B

31.24x

Capital

TTM

10Y

Leveragex

1.160

0.367

0.354

EBIT/Intx

6.815

0.038

0.048

Own earn%

(75.24)

(140.71)

(104.28)

Sh yield%

40.37

44.52

42.10

Owners

Insiders/Inst%

14.07

63.24

Short interest%

5.43

SBC / revenue%

4.28

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

15–19

$1 testx

0.5

Incr. ROIC%

ASSA ABLOY AB (publ) provides door opening and access products for the institutional, commercial, and residential markets. It operates through Europe, the Middle East, India, and Africa (EMEIA); North and South America (Americas); Asia and Oceania (Asia Pacific); Global Technologies; and Entrance Systems divisions.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

kr 105.5B

2.22%

1.00×

Cost of revenue

kr 69.84B

2.36%

1.01×

Operating expenses

kr 22.19B

2.16%

0.99×