Atlas Copco
Market Cap
kr351.6b
Last Updated
2019/10/14 20:55 UTC
Data Sources
Company Financials +
Executive Summary
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide.
Snowflake
Fundamentals
Outstanding track record with excellent balance sheet and pays a dividend.
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
Market Performance
7 Day Return
2.2%
ATCO A
3.7%
SE Machinery
1.9%
SE Market
1 Year Return
33.1%
ATCO A
9.3%
SE Machinery
9.6%
SE Market
Return vs Industry: ATCO A exceeded the Swedish Machinery industry which returned 9.3% over the past year.
Return vs Market: ATCO A exceeded the Swedish Market which returned 9.6% over the past year.
Shareholder returns
| ATCO A | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 3.7% | 1.9% |
| 30 Day | -5.0% | -4.3% | -0.3% |
| 90 Day | 5.6% | 0.8% | 0.7% |
| 1 Year | 34.5%33.1% | 12.8%9.3% | 14.3%9.6% |
| 3 Year | 67.1%16.8% | 55.0%29.0% | 31.5%11.9% |
| 5 Year | 132.7%52.8% | 102.9%59.6% | 66.2%30.8% |
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
3 days ago | Simply Wall St
When Should You Buy Atlas Copco AB (STO:ATCO A)?1 week ago | Simply Wall St
What To Know Before Buying Atlas Copco AB (STO:ATCO A) For Its Dividend2 weeks ago | Simply Wall St
How Does Atlas Copco AB's (STO:ATCO A) Earnings Growth Stack Up Against Industry Performance?Valuation
Is Atlas Copco undervalued compared to its fair value and its price relative to the market?
21.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: ATCO A (SEK301.1) is trading above our estimate of fair value (SEK250.55)
Significantly Undervalued: 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 (21.7x) compared to the Machinery industry average (15.9x).
PE vs Market: ATCO A is poor value based on its PE Ratio (21.7x) compared to the Swedish market (16.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: ATCO A is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: ATCO A is overvalued based on its PB Ratio (8.3x) compared to the SE Machinery industry average (2.9x).
Next Steps
Future Growth
How is Atlas Copco forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
4.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATCO A's forecast earnings growth (4.7% per year) is above the savings rate (0.4%).
Earnings vs Market: ATCO A's earnings (4.7% per year) are forecast to grow slower than the Swedish market (8.9% per year).
High Growth Earnings: ATCO A's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATCO A's revenue (2.9% per year) is forecast to grow slower than the Swedish market (4.5% per year).
High Growth Revenue: ATCO A's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: ATCO A's Return on Equity is forecast to be high in 3 years time (31.1%)
Next Steps
Past Performance
How has Atlas Copco performed over the past 5 years?
6.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ATCO A's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: ATCO A's earnings growth over the past year (23.3%) exceeds its 5-year average (6.9% per year).
Earnings vs Industry: ATCO A earnings growth over the past year (23.3%) exceeded the Machinery industry 22.2%.
Return on Equity
High ROE: ATCO A's Return on Equity (38.2%) is considered high.
Return on Assets
ROA vs Industry: ATCO A has a higher Return on Assets than the Machinery industry average last year.
Return on Capital Employed
ROCE Improving: ATCO A has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Atlas Copco's financial position?
Financial Position Analysis
Short Term Liabilities: ATCO A's short term assets (SEK53.8B) exceeds its short term liabilities (SEK35.6B)
Long Term Liabilities: ATCO A's short term assets (53.8B) exceeds its long term liabilities (22.7B)
Debt to Equity History and Analysis
Debt Level: ATCO A's debt to equity ratio (44%) is considered high
Reducing Debt: ATCO A's debt to equity ratio has reduced from 63.6% to 44% over the past 5 years.
Debt Coverage: ATCO A's debt is well covered by operating cash flow (79.1%).
Interest Coverage: ATCO A's interest payments on its debt are well covered by EBIT (73.4x coverage).
Balance Sheet
Inventory Level: ATCO A has a high level of physical assets or inventory.
Debt Coverage by Assets: ATCO A's debt is covered by short term assets (assets are 2.762510x debt).
Next Steps
Dividend
What is Atlas Copco's current dividend yield, its reliability and sustainability?
2.09%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Atlas Copco before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: ATCO A's dividend (2.09%) is higher than the bottom 25% of dividend payers in the Swedish market (1.79%).
High Dividend: ATCO A's dividend (2.09%) is low compared to the top 25% of dividend payers in the Swedish market (4.78%).
Stable Dividend: ATCO A's dividends per share have been stable 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 reasonably low payout ratio (45.3%), ATCO A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ATCO A's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
Next Steps
Management
What is the CEO of Atlas Copco's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
Mats Rahmström (54yo)
2.5yrs
Tenure
kr17,020,000
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 ($USD1.73M) is about average for companies of similar size in the Swedish market ($USD1.76M).
Compensation vs Earnings: Mats's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: ATCO A's management team is considered experienced (2.8 years average tenure).
Board Age and Tenure
6.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: ATCO A's board of directors are considered experienced (6.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 1,722 |
| Max Price | kr253.76 |
| Entity | Company |
| Shares | 108,530 |
| Max Price | kr240.83 |
| Entity | Individual |
| Shares | 1,795 |
| Max Price | kr208.37 |
| Entity | Individual |
| Shares | 1,840 |
| Max Price | kr213.50 |
| Entity | Individual |
| Shares | 500 |
| Max Price | kr207.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 3,990 |
| Max Price | kr213.50 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 1,379 |
| Max Price | kr213.50 |
| Entity | Individual |
| Shares | 600 |
| Max Price | kr213.50 |
| Entity | Individual |
| Role | Senior Key Executive Senior EVP & Business Area President of Vacuum Technique |
| Shares | 2,365 |
| Max Price | kr216.86 |
Ownership Breakdown
Management Team
Hans Meyer (64yo)
CFO and Senior VP of Controlling & Finance
- Tenure: 20.8yrs
Geert Follens (60yo)
Senior EVP & Business Area President of Vacuum Technique
- Tenure: 2.8yrs
Gisela Lindstrand (57yo)
Senior Vice President of Corporate Communications & Governmental Affairs
- Tenure: 1.4yrs
Mats Rahmström (54yo)
President
- Tenure: 2.5yrs
- Compensation: kr17.02m
Håkan Osvald (65yo)
Senior VP
- Tenure: 7.8yrs
Mats Högberg
Chief Information officer & VP
- Tenure: 15.2yrs
Joeri Ooms
President of Industrial Air
- Tenure: 0yrs
Ben Van Hove
President of Medical Air Solutions
- Tenure: 0yrs
Daniel Althoff
Vice President of Investor Relations
- Tenure: 0yrs
Cecilia Sandberg (51yo)
Senior Vice President of Human Resources
- Tenure: 2.8yrs
Board Members
Anders Ullberg (73yo)
Director
- Tenure: 16.8yrs
- Compensation: kr844.00k
Hans Stråberg (62yo)
Chairman of the Board
- Tenure: 5.5yrs
- Compensation: kr2.99m
Johan Forssell (48yo)
Director
- Tenure: 11.5yrs
- Compensation: kr893.00k
Gunilla Kristina Berg (59yo)
Director
- Tenure: 3.5yrs
- Compensation: kr878.00k
Mikael Bergstedt (59yo)
Union Representative Director
- Tenure: 15.8yrs
Staffan Bohman (70yo)
Director
- Tenure: 16.8yrs
- Compensation: kr1.16m
Peter Wallenberg (60yo)
Director
- Tenure: 7.5yrs
- Compensation: kr774.00k
Tina Donikowski (60yo)
Director
- Tenure: 2.5yrs
- Compensation: kr695.00k
Mats Rahmström (54yo)
President
- Tenure: 2.5yrs
- Compensation: kr17.02m
Sabine Neuß (51yo)
Director
- Tenure: 3.5yrs
- Compensation: kr690.00k
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: kr351.623b
- Shares outstanding: 1.21b
- 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 |
|---|---|---|---|---|---|---|
| 0XXT | LSE (London Stock Exchange) | Yes | Series A Shares | GB | SEK | Jan 1980 |
| 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 |
| ATCOAS | BATS-CHIXE (BATS 'Chi-X Europe') | 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 |
| ATTL.F | OTCPK (Pink Sheets LLC) | Series B Shares | US | USD | Feb 1992 | |
| ATCOBS | BATS-CHIXE (BATS 'Chi-X Europe') | Series B Shares | GB | SEK | Feb 1992 | |
| ACOG | DB (Deutsche Boerse AG) | Series B Shares | DE | EUR | Feb 1992 | |
| ATCO B | OM (OMX Nordic Exchange Stockholm) | Series B Shares | SE | SEK | 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 | |
| 0XXV | LSE (London Stock Exchange) | Series B Shares | GB | SEK | Feb 1992 | |
| ATLK.Y | OTCPK (Pink Sheets LLC) | SP ADR A NEW | US | USD | Jun 1992 | |
| ATLC.Y | OTCPK (Pink Sheets LLC) | SP ADR B NEW | US | USD | Jun 2003 | |
| ATCO B | OM (OMX Nordic Exchange Stockholm) | SER'B'NPV (POST SPLIT) | SE | SEK | May 2015 |
Biography
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-fre ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 20:55 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.