Atlas Copco AB (publ)

OM:ATCO A Stock Report

Market Cap: SEK 941.0b

Atlas Copco Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 Fair Value

What is the Fair Price of ATCO A 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: ATCO A (SEK202.8) is trading above our estimate of future cash flow value (SEK195.72)

Significantly Below Future Cash Flow Value: ATCO A is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATCO A?

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

The above table shows the Price to Earnings ratio for ATCO A. This is calculated by dividing ATCO A's market cap by their current earnings.
What is ATCO A's PE Ratio?
PE Ratio37.2x
EarningsSEK 26.62b
Market CapSEK 941.02b

Price to Earnings Ratio vs Peers

How does ATCO A's PE Ratio compare to its peers?

The above table shows the PE ratio for ATCO A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.5x
SAND Sandvik
28.7x11.32%SEK 481.7b
ALFA Alfa Laval
27.7x10.26%SEK 225.5b
SKF B AB SKF
27.2x19.06%SEK 120.3b
TREL B Trelleborg
26.5x13.33%SEK 99.1b
ATCO A Atlas Copco
37.2x12.67%SEK 946.3b

Price-To-Earnings vs Peers: ATCO A is expensive based on its Price-To-Earnings Ratio (37.2x) compared to the peer average (27.5x).

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 ATCO A's PE Ratio compare vs other companies in the SE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ATCO A 37.2xIndustry Avg. 24.8xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ATCO A is expensive based on its Price-To-Earnings Ratio (37.2x) compared to the Swedish Machinery industry average (24.8x).

Price to Earnings Ratio vs Fair Ratio

What is ATCO A'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.

ATCO A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.2x
Fair PE Ratio35.9x

Price-To-Earnings vs Fair Ratio: ATCO A is expensive based on its Price-To-Earnings Ratio (37.2x) compared to the estimated Fair Price-To-Earnings Ratio (35.9x).

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 ATCO A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 202.80
SEK 219.00
+7.99%
11.74%SEK 256.00SEK 160.00n/a21
Sep ’27SEK 199.50
SEK 218.48
+9.51%
11.47%SEK 250.00SEK 160.00n/a21
Aug ’27SEK 201.10
SEK 216.24
+7.53%
12.20%SEK 250.00SEK 145.00n/a21
Jul ’27SEK 194.75
SEK 199.81
+2.60%
12.60%SEK 242.00SEK 145.00n/a21
Jun ’27SEK 172.80
SEK 194.43
+12.52%
10.83%SEK 220.00SEK 145.00n/a21
May ’27SEK 174.20
SEK 194.62
+11.72%
11.24%SEK 220.00SEK 145.00n/a21
Apr ’27SEK 168.80
SEK 194.65
+15.31%
12.34%SEK 220.00SEK 140.00n/a20
Mar ’27SEK 195.05
SEK 194.00
-0.54%
13.08%SEK 220.00SEK 125.00n/a20
Feb ’27SEK 183.75
SEK 193.35
+5.22%
12.90%SEK 220.00SEK 125.00n/a20
Jan ’27SEK 166.05
SEK 175.59
+5.74%
10.60%SEK 200.00SEK 125.00n/a17
Dec ’26SEK 161.45
SEK 172.06
+6.57%
11.50%SEK 200.00SEK 125.00n/a17
Nov ’26SEK 160.15
SEK 172.29
+7.58%
11.41%SEK 200.00SEK 125.00n/a17
Oct ’26SEK 159.45
SEK 172.82
+8.39%
11.46%SEK 210.00SEK 125.00n/a17
Sep ’26SEK 153.15
SEK 171.76
+12.15%
11.44%SEK 210.00SEK 125.00SEK 199.5017
Aug ’26SEK 145.10
SEK 171.82
+18.42%
11.46%SEK 210.00SEK 125.00SEK 201.1017
Jul ’26SEK 153.25
SEK 172.94
+12.85%
11.21%SEK 210.00SEK 130.00SEK 194.7517
Jun ’26SEK 153.90
SEK 171.74
+11.59%
11.06%SEK 210.00SEK 130.00SEK 172.8019
May ’26SEK 149.85
SEK 173.68
+15.91%
12.44%SEK 210.00SEK 130.00SEK 174.2019
Apr ’26SEK 161.10
SEK 187.90
+16.64%
13.70%SEK 238.00SEK 140.00SEK 168.8020
Mar ’26SEK 182.75
SEK 187.30
+2.49%
15.40%SEK 238.00SEK 122.00SEK 195.0520
Feb ’26SEK 186.20
SEK 187.45
+0.67%
15.49%SEK 238.00SEK 122.00SEK 183.7520
Jan ’26SEK 168.85
SEK 187.86
+11.26%
14.88%SEK 238.00SEK 122.00SEK 166.0522
Dec ’25SEK 174.15
SEK 187.59
+7.72%
15.04%SEK 238.00SEK 122.00SEK 161.4522
Nov ’25SEK 175.45
SEK 187.91
+7.10%
15.13%SEK 238.00SEK 122.00SEK 160.1522
Oct ’25SEK 194.70
SEK 191.59
-1.60%
15.82%SEK 240.00SEK 122.00SEK 159.4522
Sep ’25SEK 186.15
SEK 192.27
+3.29%
16.19%SEK 240.00SEK 122.00SEK 153.1522
SEK 219
Fair Value
7.4% undervalued intrinsic discount
21
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 Analysis2026/09/11 17:50
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
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 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

Atlas Copco AB (publ) is covered by 48 analysts. 19 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
James WinchesterBarclays
Robert BateBarclays