Atlas Copco AB (publ)

OM:ATCO A Stock Report

Market Cap: SEK 910.7b

Atlas Copco Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 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 (SEK195.05) is trading above our estimate of future cash flow value (SEK166.85)

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 Ratio36x
EarningsSEK 26.42b
Market CapSEK 910.67b

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 Average28.9x
SAND Sandvik
34.1x9.21%SEK 501.0b
ALFA Alfa Laval
26.7x6.19%SEK 221.1b
SKF B AB SKF
30.1x19.91%SEK 118.2b
TREL B Trelleborg
24.7x9.55%SEK 88.9b
ATCO A Atlas Copco
36x8.75%SEK 910.7b

Price-To-Earnings vs Peers: ATCO A is expensive based on its Price-To-Earnings Ratio (36x) compared to the peer average (28.9x).

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 36.0xIndustry Avg. 24.7xNo. 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 (36x) compared to the Swedish Machinery industry average (24.7x).

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 Ratio36x
Fair PE Ratio52.3x

Price-To-Earnings vs Fair Ratio: ATCO A is good value based on its Price-To-Earnings Ratio (36x) compared to the estimated Fair Price-To-Earnings Ratio (52.3x).

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 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 125.00n/a17
Aug ’26SEK 145.10
SEK 171.82
+18.42%
11.46%SEK 210.00SEK 125.00n/a17
Jul ’26SEK 153.25
SEK 172.94
+12.85%
11.21%SEK 210.00SEK 130.00n/a17
Jun ’26SEK 153.90
SEK 171.74
+11.59%
11.06%SEK 210.00SEK 130.00n/a19
May ’26SEK 149.85
SEK 173.68
+15.91%
12.44%SEK 210.00SEK 130.00n/a19
Apr ’26SEK 161.10
SEK 187.90
+16.64%
13.70%SEK 238.00SEK 140.00n/a20
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
Aug ’25SEK 182.50
SEK 192.27
+5.35%
16.19%SEK 240.00SEK 122.00SEK 145.1022
Jul ’25SEK 198.80
SEK 188.77
-5.04%
15.32%SEK 238.00SEK 122.00SEK 153.2522
Jun ’25SEK 200.80
SEK 185.77
-7.48%
15.06%SEK 230.00SEK 122.00SEK 153.9022
May ’25SEK 195.45
SEK 183.86
-5.93%
14.59%SEK 222.00SEK 122.00SEK 149.8522
Apr ’25SEK 180.80
SEK 169.00
-6.53%
14.42%SEK 216.00SEK 115.00SEK 161.1022
Mar ’25SEK 180.10
SEK 163.96
-8.96%
14.55%SEK 200.00SEK 115.00SEK 182.7523
SEK 194
Fair Value
0.5% overvalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/02 07:43
End of Day Share Price 2026/02/27 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

Atlas Copco AB (publ) is covered by 45 analysts. 18 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
Vladimir SergievskiiBarclays
Vladimir SergievskiiBarclays