Obermatt

Atlas Copco

STO:ATCO A · SE0017486889
MachineryX-Large

360

42
EV / EBIT16
Price / Owner Earnings31
Owner Earnings Yield38
Dividend Yield33
Price/Sales5
EV / Gross Profit18
Price/Book10
Return on Capital77
Cash Return on Capital80
Return on Equity75
EBIT Margin73
Gross Profitability69
Cash Conversion32
Accruals19
Owner Earnings Margin72
Sales growth55
Profit Growth100
Long-Term EPS Growth15
Owner Earnings Growth54
Reinvestment39
Price momentum63
Debt load59
Refinancing27
Debt Payback63
Liquidity86
Analyst ratings28
Opinion Changes50
Price Target Upside31
Market mood96
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Atlas Copco clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySweden
IndustryMachinery
SizeX-Large
TypePublic Company
ExchangeOM
Founded1917
Employees23,227
ISINSE0017486889
Last UpdateApr 2, 2026
Themes
Energy StorageEnergy ManagementComputer VisionIndustrial AutomationSensorsEnergy EfficiencyManufacturing

Description

Atlas Copco AB (publ) innovates to develop products, services, and solutions that are key to the success of its customers. Business Segments Compressed air and vacuum solutions provide reliable, energy efficient equipment to enhance productivity an…

Analysis

Middle-of-the-road

Atlas Copco AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 29.2× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 11% yearly growth; analysts expect 7%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is tepid and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
42
2026

All-time high

42

Jun 2026

All-time low

6

Feb 2026

Average rank

21

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
5
Price/Earnings
14
Price/Book
10
Dividend Yield
33
Value (overall)
5

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →