Atlas Copco AB (publ)

LSE:0XXT Stock Report

Market Cap: SEK 806.4b

Atlas Copco Valuation

Is 0XXT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0XXT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0XXT (SEK171.65) is trading below our estimate of fair value (SEK172.58)

Significantly Below Fair Value: 0XXT is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0XXT?

Key metric: As 0XXT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0XXT. This is calculated by dividing 0XXT's market cap by their current earnings.
What is 0XXT's PE Ratio?
PE Ratio29.1x
EarningsSEK 28.76b
Market CapSEK 806.44b

Price to Earnings Ratio vs Peers

How does 0XXT's PE Ratio compare to its peers?

The above table shows the PE ratio for 0XXT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.3x
WEIR Weir Group
25.8x18.5%UK£5.7b
SPX Spirax Group
26.3x8.5%UK£5.0b
IMI IMI
18.6x12.2%UK£4.7b
ROR Rotork
22.4x10.0%UK£2.7b
0XXT Atlas Copco
29.1x7.4%SEK 806.4b

Price-To-Earnings vs Peers: 0XXT is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the peer average (23.3x).

Price to Earnings Ratio vs Industry

How does 0XXT's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0XXT 29.1xIndustry Avg. 17.5xNo. of Companies27PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0XXT is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the European Machinery industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0XXT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0XXT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.1x
Fair PE Ratio26.3x

Price-To-Earnings vs Fair Ratio: 0XXT is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the estimated Fair Price-To-Earnings Ratio (26.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0XXT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 171.65
SEK 188.83
+10.0%
14.7%SEK 238.00SEK 122.00n/a23
Dec ’25SEK 172.35
SEK 187.59
+8.8%
15.0%SEK 238.00SEK 122.00n/a22
Nov ’25SEK 175.87
SEK 187.91
+6.8%
15.1%SEK 238.00SEK 122.00n/a22
Oct ’25SEK 194.75
SEK 191.59
-1.6%
15.8%SEK 240.00SEK 122.00n/a22
Sep ’25SEK 186.90
SEK 192.27
+2.9%
16.2%SEK 240.00SEK 122.00n/a22
Aug ’25SEK 182.73
SEK 192.27
+5.2%
16.2%SEK 240.00SEK 122.00n/a22
Jul ’25SEK 198.82
SEK 188.77
-5.1%
15.3%SEK 238.00SEK 122.00n/a22
Jun ’25SEK 198.00
SEK 185.77
-6.2%
15.1%SEK 230.00SEK 122.00n/a22
May ’25SEK 195.31
SEK 183.86
-5.9%
14.6%SEK 222.00SEK 122.00n/a22
Apr ’25SEK 180.80
SEK 169.00
-6.5%
14.4%SEK 216.00SEK 115.00n/a22
Mar ’25SEK 179.42
SEK 163.96
-8.6%
14.5%SEK 200.00SEK 115.00n/a23
Feb ’25SEK 169.03
SEK 164.43
-2.7%
14.8%SEK 200.00SEK 115.00n/a23
Jan ’25SEK 173.75
SEK 161.35
-7.1%
13.6%SEK 198.00SEK 115.00SEK 168.1023
Dec ’24SEK 162.85
SEK 157.91
-3.0%
14.7%SEK 198.00SEK 115.00SEK 172.3523
Nov ’24SEK 144.24
SEK 156.68
+8.6%
14.9%SEK 198.00SEK 115.00SEK 175.8722
Oct ’24SEK 147.67
SEK 157.36
+6.6%
14.5%SEK 198.00SEK 120.00SEK 194.7522
Sep ’24SEK 145.10
SEK 157.27
+8.4%
14.3%SEK 198.00SEK 120.00SEK 186.9022
Aug ’24SEK 149.90
SEK 156.73
+4.6%
13.8%SEK 192.00SEK 120.00SEK 182.7322
Jul ’24SEK 155.51
SEK 152.00
-2.3%
13.8%SEK 192.00SEK 120.00SEK 198.8222
Jun ’24SEK 156.84
SEK 147.46
-6.0%
13.2%SEK 186.00SEK 120.00SEK 198.0022
May ’24SEK 146.33
SEK 140.53
-4.0%
14.5%SEK 175.00SEK 105.00SEK 195.3123
Apr ’24SEK 130.56
SEK 131.83
+1.0%
10.7%SEK 163.00SEK 105.00SEK 180.8023
Mar ’24SEK 123.88
SEK 131.09
+5.8%
10.6%SEK 163.00SEK 105.00SEK 179.4223
Feb ’24SEK 123.35
SEK 130.96
+6.2%
11.9%SEK 172.00SEK 100.00SEK 169.0323
Jan ’24SEK 124.22
SEK 129.46
+4.2%
14.6%SEK 174.00SEK 86.00SEK 173.7524

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:09
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Atlas Copco AB (publ) is covered by 61 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Lionel PellicerAlphaValue
Allan SmylieBarclays