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.
Excellent balance sheet established dividend payer.
Share Price & News
How has ASSA ABLOY's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASSA B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASSA B underperformed the Swedish Building industry which returned -7.7% over the past year.
Return vs Market: ASSA B underperformed the Swedish Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is ASSA ABLOY's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs ASSA ABLOY AB (publ)'s (STO:ASSA B) 17% ROE Better Than Average?
3 weeks ago | Simply Wall StHere's Why ASSA ABLOY (STO:ASSA B) Can Manage Its Debt Responsibly
1 month ago | Simply Wall StIf You Like EPS Growth Then Check Out ASSA ABLOY (STO:ASSA B) Before It's Too Late
Is ASSA ABLOY undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASSA B (SEK172.9) is trading below our estimate of fair value (SEK199.87)
Significantly Below Fair Value: ASSA B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASSA B is poor value based on its PE Ratio (19.2x) compared to the Building industry average (15.6x).
PE vs Market: ASSA B is poor value based on its PE Ratio (19.2x) compared to the Swedish market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: ASSA B is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: ASSA B is overvalued based on its PB Ratio (3.2x) compared to the SE Building industry average (2.1x).
How is ASSA ABLOY forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASSA B's forecast earnings growth (5.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: ASSA B's earnings (5.7% per year) are forecast to grow slower than the Swedish market (7.8% per year).
High Growth Earnings: ASSA B's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASSA B's revenue (4.1% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: ASSA B's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASSA B's Return on Equity is forecast to be low in 3 years time (15.9%).
How has ASSA ABLOY performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASSA B has high quality earnings.
Growing Profit Margin: ASSA B's current net profit margins (10.6%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: ASSA B's earnings have declined by -1.8% per year over the past 5 years.
Accelerating Growth: ASSA B's earnings growth over the past year (263%) exceeds its 5-year average (-1.8% per year).
Earnings vs Industry: ASSA B earnings growth over the past year (263%) exceeded the Building industry 11.3%.
Return on Equity
High ROE: ASSA B's Return on Equity (16.9%) is considered low.
How is ASSA ABLOY's financial position?
Financial Position Analysis
Short Term Liabilities: ASSA B's short term assets (SEK31.6B) exceed its short term liabilities (SEK27.8B).
Long Term Liabilities: ASSA B's short term assets (SEK31.6B) exceed its long term liabilities (SEK31.1B).
Debt to Equity History and Analysis
Debt Level: ASSA B's debt to equity ratio (44.9%) is considered high.
Reducing Debt: ASSA B's debt to equity ratio has reduced from 55.5% to 44.9% over the past 5 years.
Debt Coverage: ASSA B's debt is well covered by operating cash flow (47.7%).
Interest Coverage: ASSA B's interest payments on its debt are well covered by EBIT (14.7x coverage).
Inventory Level: ASSA B has a low level of unsold assets or inventory.
Debt Coverage by Assets: ASSA B's debt is covered by short term assets (assets are 1.2x debt).
What is ASSA ABLOY's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ASSA B's dividend (2.23%) is higher than the bottom 25% of dividend payers in the Swedish market (2.14%).
High Dividend: ASSA B's dividend (2.23%) is low compared to the top 25% of dividend payers in the Swedish market (6.55%).
Stability and Growth of Payments
Stable Dividend: ASSA B's dividends per share have been stable in the past 10 years.
Growing Dividend: ASSA B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.8%), ASSA B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASSA B's dividends in 3 years are forecast to be well covered by earnings (42.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nico Delvaux (53yo)
Mr. Nico Delvaux has been President, Chief Executive Officer and Head of Global Technologies Division of Assa Abloy AB since March 15, 2018. Mr. Delvaux served as Chief Executive Officer and President at M ...
CEO Compensation Analysis
Compensation vs Market: Nico's total compensation ($USD4.28M) is above average for companies of similar size in the Swedish market ($USD1.79M).
Compensation vs Earnings: Nico's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||1.17yrs||no data||0.00011% SEK211.3k|
|Chief Operating Officer||no data||no data||no data|
|Chief Technology Officer||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Head of Corporate Communications||17.67yrs||no data||no data|
|Director of Marketing Communications||no data||no data||no data|
|Executive VP & Chief Human Resources Officer||6.25yrs||no data||0.0012% SEK2.3m|
|Executive VP & Head of Global Technologies Business Unit of Global Solutions||3.67yrs||no data||0.00053% SEK1.0m|
|Executive VP & Head of Asia Pacific Division||2.5yrs||no data||0.00074% SEK1.4m|
Experienced Management: ASSA B's management team is considered experienced (3.1 years average tenure).
|Independent Director||11.67yrs||kr885.00k||0.0019% SEK3.6m|
|Employee Representative Director||26.17yrs||no data||no data|
|Independent Vice Chairman||7.92yrs||kr900.00k||no data|
|Independent Chairman||7.92yrs||kr2.50m||0.0027% SEK5.2m|
|Independent Director||7.92yrs||kr1.04m||0.00054% SEK1.0m|
|Independent Director||2.92yrs||kr885.00k||no data|
|Employee Representative Director||3.17yrs||no data||no data|
|Employee Representative Deputy Director||5.17yrs||no data||no data|
|Independent Director||4.83yrs||kr685.00k||no data|
|Independent Director||1.92yrs||kr685.00k||0.000050% SEK96.0k|
Experienced Board: ASSA B's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASSA B insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASSA ABLOY AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: ASSA ABLOY AB (publ)
- Ticker: ASSA B
- Exchange: OM
- Founded: 1994
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr192.053b
- Shares outstanding: 1.11b
- Website: https://www.assaabloy.com
Number of Employees
- ASSA ABLOY AB (publ)
- Klarabergsviadukten 90
- Stockholm County
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASAZ.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Nov 1994|
|ASSA B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Nov 1994|
|ALZC||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Nov 1994|
|0R87||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Nov 1994|
|ASSABS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Nov 1994|
|0R87 N||BMV (Bolsa Mexicana de Valores)||Yes||Series B Shares||MX||MXN||Nov 1994|
|ASAZ.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Apr 2008|
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 and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, access control devices, secure lockers, and fire doors, as well as hardware products. It also provides identity solutions, including identity and access management, biometrics, authenticity and brand protection products, contactless RFID tags and transponders, and government IDs to companies, and government and state institutions, as well as healthcare, education, and financial industries; and secure access solutions for hotels, cruise ships, student accommodations, and elderly care facilities. In addition, the company offers entrance automation products, services, and components, such as automatic swing, sliding, and revolving doors; industrial doors; garage doors; high-performance doors; docking solutions; hangar doors; gate automation products; components for overhead sectional doors and sensors; and high security fencings and gates. ASSA ABLOY AB (publ) provides its products primarily under the ASSA ABLOY, Yale, HID, and ABLOY brands. The company sells its products through distributors, wholesalers, and home improvement stores. ASSA ABLOY AB (publ) was founded in 1994 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 20:38|
|End of Day Share Price||2020/03/27 00:00|
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.