Atlas Copco
Market Cap
kr527.1b
Last Updated
2021/01/19 20:13 UTC
Data Sources
Company Financials +
Executive Summary
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. More Details
Rewards
Risk Analysis
No risks detected for ATCO A from our risk checks.
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Atlas Copco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATCO A is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ATCO A's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.6%
ATCO A
-2.0%
SE Machinery
0.4%
SE Market
1 Year Return
14.9%
ATCO A
19.1%
SE Machinery
13.7%
SE Market
Return vs Industry: ATCO A underperformed the Swedish Machinery industry which returned 20% over the past year.
Return vs Market: ATCO A exceeded the Swedish Market which returned 13.5% over the past year.
Shareholder returns
| ATCO A | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -2.0% | 0.4% |
| 30 Day | 4.8% | 6.3% | 4.2% |
| 90 Day | 10.9% | 18.6% | 9.7% |
| 1 Year | 16.9%14.9% | 20.2%19.1% | 16.8%13.7% |
| 3 Year | 69.7%19.1% | 43.4%22.0% | 44.8%27.5% |
| 5 Year | 245.4%131.6% | 183.7%129.9% | 85.1%45.8% |
Long-Term Price Volatility Vs. Market
How volatile is Atlas Copco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Atlas Copco (STO:ATCO A) Has Gifted Shareholders With A Fantastic 280% Total Return On Their Investment3 weeks ago | Simply Wall St
Atlas Copco AB's (STO:ATCO A) Intrinsic Value Is Potentially 25% Below Its Share Price1 month ago | Simply Wall St
Have Insiders Been Buying Atlas Copco AB (STO:ATCO A) Shares?Valuation
Is Atlas Copco undervalued compared to its fair value and its price relative to the market?
36.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATCO A (SEK451.2) is trading above our estimate of fair value (SEK328.61)
Significantly Below Fair Value: ATCO A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATCO A is poor value based on its PE Ratio (36.8x) compared to the SE Machinery industry average (35.4x).
PE vs Market: ATCO A is poor value based on its PE Ratio (36.8x) compared to the Swedish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: ATCO A is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: ATCO A is overvalued based on its PB Ratio (9.7x) compared to the SE Machinery industry average (3.4x).
Next Steps
Future Growth
How is Atlas Copco forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
10.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATCO A's forecast earnings growth (10.3% per year) is above the savings rate (0.4%).
Earnings vs Market: ATCO A's earnings (10.3% per year) are forecast to grow slower than the Swedish market (11.7% per year).
High Growth Earnings: ATCO A's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATCO A's revenue (4.5% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: ATCO A's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATCO A's Return on Equity is forecast to be high in 3 years time (27.8%)
Next Steps
Past Performance
How has Atlas Copco performed over the past 5 years?
7.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATCO A has high quality earnings.
Growing Profit Margin: ATCO A's current net profit margins (14.7%) are lower than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: ATCO A's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: ATCO A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATCO A had negative earnings growth (-14.3%) over the past year, making it difficult to compare to the Machinery industry average (-33.8%).
Return on Equity
High ROE: ATCO A's Return on Equity (26.1%) is considered high.
Next Steps
Financial Health
How is Atlas Copco's financial position?
Financial Position Analysis
Short Term Liabilities: ATCO A's short term assets (SEK52.6B) exceed its short term liabilities (SEK32.2B).
Long Term Liabilities: ATCO A's short term assets (SEK52.6B) exceed its long term liabilities (SEK29.6B).
Debt to Equity History and Analysis
Debt Level: ATCO A's debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: ATCO A's debt to equity ratio has reduced from 49.7% to 36.7% over the past 5 years.
Debt Coverage: ATCO A's debt is well covered by operating cash flow (96.4%).
Interest Coverage: ATCO A's interest payments on its debt are well covered by EBIT (69.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Atlas Copco current dividend yield, its reliability and sustainability?
0.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATCO A's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.94%).
High Dividend: ATCO A's dividend (0.78%) is low compared to the top 25% of dividend payers in the Swedish market (3.51%).
Stability and Growth of Payments
Stable Dividend: ATCO A's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATCO A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.1%), ATCO A's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ATCO A's dividends in 3 years are forecast to be covered by earnings (52.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Mats Rahmström (55 yo)
3.75yrs
Tenure
kr50,131,000
Compensation
Mr. Mats Rahmström has been the Chief Executive Officer and President of Atlas Copco AB since April 27, 2017. Mr. Rahmström served as Senior Executive Vice President and Business Area President for Industr...
CEO Compensation Analysis
Compensation vs Market: Mats's total compensation ($USD6.00M) is above average for companies of similar size in the Swedish market ($USD1.99M).
Compensation vs Earnings: Mats's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.75yrs | kr50.13m | 0.0018% SEK 9.3m | |
| President of Industrial Air | no data | no data | no data | |
| Senior VP & CFO | 22yrs | no data | 0.0037% SEK 19.7m | |
| Chief Information officer & VP | 16.42yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 9yrs | no data | 0.00079% SEK 4.2m | |
| Senior VP & Chief Communications Officer | 2.67yrs | no data | 0.00011% SEK 579.8k | |
| Senior VP & Chief Human Resources Officer | 4yrs | no data | 0.00022% SEK 1.2m | |
| Senior EVP & Business Area President of Vacuum Technique | 4yrs | no data | 0.00095% SEK 5.0m | |
| Chairman of the Atlas Copco Compressors Customer Center & President of Specialty Rental | no data | no data | no data | |
| Senior EVP & Business Area President of Power Technique | 6.33yrs | no data | 0.00033% SEK 1.7m | |
| President of MVI Tools and Assembly Systems | no data | no data | no data |
5.2yrs
Average Tenure
59yo
Average Age
Experienced Management: ATCO A's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.75yrs | kr50.13m | 0.0018% SEK 9.3m | |
| Independent Chairman of the Board | 6.75yrs | kr2.72m | 0.0027% SEK 14.3m | |
| Independent Director | 12.75yrs | kr933.00k | 0.00090% SEK 4.7m | |
| Employee Representative Director | 17yrs | no data | no data | |
| Independent Director | 18yrs | kr1.14m | 0.0041% SEK 21.7m | |
| Independent Director | 0.75yr | no data | no data | |
| Independent Director | 8.75yrs | kr823.00k | 0.014% SEK 72.3m | |
| Independent Director | 0.75yr | no data | no data | |
| Independent Director | 3.75yrs | kr735.00k | no data | |
| Employee Representative Director | 3yrs | no data | no data | |
| Deputy Employee Representative Director | 3yrs | no data | no data |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: ATCO A's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Atlas Copco AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlas Copco AB
- Ticker: ATCO A
- Exchange: OM
- Founded: 1873
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr527.102b
- Shares outstanding: 1.22b
- Website: https://www.atlascopcogroup.com/en
Number of Employees
Location
- Atlas Copco AB
- Sickla Industriväg 19
- Nacka
- Stockholm County
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ATLK.F | OTCPK (Pink Sheets LLC) | Yes | Series A Shares | US | USD | Jan 1980 |
| ATCO A | OM (OMX Nordic Exchange Stockholm) | Yes | Series A Shares | SE | SEK | Jan 1980 |
| ACO2 | DB (Deutsche Boerse AG) | Yes | Series A Shares | DE | EUR | Jan 1980 |
| 0XXT | LSE (London Stock Exchange) | Yes | Series A Shares | GB | SEK | Jan 1980 |
| ATCOAS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series A Shares | GB | SEK | Jan 1980 |
| ACOF N | BMV (Bolsa Mexicana de Valores) | Yes | Series A Shares | MX | MXN | Jan 1980 |
| 0XXV | LSE (London Stock Exchange) | Series B Shares | GB | SEK | Feb 1992 | |
| ATCO B | OM (OMX Nordic Exchange Stockholm) | Series B Shares | SE | SEK | Feb 1992 | |
| ATTL.F | OTCPK (Pink Sheets LLC) | Series B Shares | US | USD | Feb 1992 | |
| ACO1 | DB (Deutsche Boerse AG) | Series B Shares | DE | EUR | Feb 1992 | |
| ATCOBS | BATS-CHIXE (BATS 'Chi-X Europe') | Series B Shares | GB | SEK | Feb 1992 | |
| ACO1 | BST (Boerse-Stuttgart) | Series B Shares | DE | EUR | Feb 1992 | |
| ATLK.Y | OTCPK (Pink Sheets LLC) | SP ADR A NEW | US | USD | Jun 1992 | |
| ACO | DB (Deutsche Boerse AG) | SP ADR A NEW | DE | EUR | Jun 1992 | |
| ATLC.Y | OTCPK (Pink Sheets LLC) | SP ADR B NEW | US | USD | Jun 2003 |
Biography
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 20:13 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.