ASSA ABLOY AB (publ)

OM:ASSA B Stock Report

Market Cap: SEK 429.5b

ASSA ABLOY Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ASSA B (SEK382.6) is trading below our estimate of future cash flow value (SEK393.02)

Significantly Below Future Cash Flow Value: ASSA B is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASSA B?

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

The above table shows the Price to Earnings ratio for ASSA B. This is calculated by dividing ASSA B's market cap by their current earnings.
What is ASSA B's PE Ratio?
PE Ratio28.9x
EarningsSEK 14.70b
Market CapSEK 429.54b

Price to Earnings Ratio vs Peers

How does ASSA B's PE Ratio compare to its peers?

The above table shows the PE ratio for ASSA B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36x
NIBE B NIBE Industrier
27.3x16.12%SEK 74.3b
MTRS Munters Group
63.8x35.23%SEK 35.2b
SYSR Systemair
25.6x19.35%SEK 18.0b
LIAB Lindab International
27.3x24.43%SEK 14.9b
ASSA B ASSA ABLOY
28.9x10.08%SEK 429.5b

Price-To-Earnings vs Peers: ASSA B is good value based on its Price-To-Earnings Ratio (28.9x) compared to the peer average (35.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does ASSA B's PE Ratio compare vs other companies in the European Building Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASSA B 28.9xIndustry Avg. 23.8xNo. of Companies12PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASSA B is expensive based on its Price-To-Earnings Ratio (28.9x) compared to the European Building industry average (23.8x).

Price to Earnings Ratio vs Fair Ratio

What is ASSA B'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.

ASSA B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.9x
Fair PE Ratio29.8x

Price-To-Earnings vs Fair Ratio: ASSA B is good value based on its Price-To-Earnings Ratio (28.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.8x).

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 ASSA B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 382.60
SEK 397.06
+3.78%
11.36%SEK 500.00SEK 300.00n/a18
Feb ’27SEK 359.90
SEK 381.00
+5.86%
8.76%SEK 435.00SEK 300.00n/a18
Jan ’27SEK 358.90
SEK 374.88
+4.45%
8.89%SEK 420.00SEK 300.00n/a17
Dec ’26SEK 356.50
SEK 373.35
+4.73%
8.96%SEK 420.00SEK 300.00n/a17
Nov ’26SEK 358.70
SEK 375.44
+4.67%
8.90%SEK 420.00SEK 300.00n/a16
Oct ’26SEK 323.00
SEK 353.18
+9.34%
8.57%SEK 407.00SEK 300.00n/a17
Sep ’26SEK 335.00
SEK 356.00
+6.27%
7.89%SEK 407.00SEK 310.00n/a16
Aug ’26SEK 318.70
SEK 349.81
+9.76%
10.08%SEK 407.00SEK 277.00n/a16
Jul ’26SEK 295.80
SEK 335.94
+13.57%
11.29%SEK 410.00SEK 261.00n/a16
Jun ’26SEK 303.90
SEK 333.56
+9.76%
12.66%SEK 410.00SEK 266.00n/a18
May ’26SEK 291.60
SEK 334.56
+14.73%
12.27%SEK 410.00SEK 266.00n/a18
Apr ’26SEK 298.30
SEK 349.72
+17.24%
10.84%SEK 412.00SEK 288.00n/a18
Mar ’26SEK 329.30
SEK 357.72
+8.63%
10.57%SEK 412.00SEK 290.00n/a18
Feb ’26SEK 340.60
SEK 358.37
+5.22%
10.32%SEK 403.00SEK 290.00SEK 359.9019
Jan ’26SEK 326.80
SEK 353.95
+8.31%
10.56%SEK 403.00SEK 290.00SEK 358.9020
Dec ’25SEK 334.90
SEK 346.40
+3.43%
10.64%SEK 403.00SEK 284.00SEK 356.5020
Nov ’25SEK 334.30
SEK 342.15
+2.35%
10.57%SEK 403.00SEK 284.00SEK 358.7020
Oct ’25SEK 341.30
SEK 335.25
-1.77%
9.56%SEK 389.00SEK 277.00SEK 323.0020
Sep ’25SEK 331.10
SEK 331.79
+0.21%
8.17%SEK 373.00SEK 280.00SEK 335.0019
Aug ’25SEK 313.90
SEK 331.47
+5.60%
8.29%SEK 373.00SEK 280.00SEK 318.7019
Jul ’25SEK 300.30
SEK 327.05
+8.91%
8.53%SEK 373.00SEK 275.00SEK 295.8020
Jun ’25SEK 307.20
SEK 321.32
+4.59%
9.70%SEK 373.00SEK 275.00SEK 303.9019
May ’25SEK 295.00
SEK 318.33
+7.91%
9.73%SEK 361.00SEK 275.00SEK 291.6018
Apr ’25SEK 307.10
SEK 311.11
+1.30%
10.73%SEK 361.00SEK 265.00SEK 298.3019
Mar ’25SEK 294.50
SEK 305.20
+3.63%
9.39%SEK 360.00SEK 255.00SEK 329.3020
Feb ’25SEK 287.00
SEK 299.00
+4.18%
10.93%SEK 360.00SEK 240.00SEK 340.6019
SEK 397.06
Fair Value
3.6% undervalued intrinsic discount
18
Number of Analysts

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 Analysis2026/02/12 19:28
End of Day Share Price 2026/02/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

ASSA ABLOY AB (publ) is covered by 35 analysts. 17 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
Allan SmylieBarclays
George FeatherstoneBarclays