AI Spotlight on ASSA
Company Description
ASSA ABLOY AB (publ) provides door opening products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania.The company offers mechanical and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, access control devices, and fire doors, as well as hardware products.It also provides identity solutions, including identity and access management, biometrics, authenticity and brand protection products, contactless RFID tags and transponders, and government IDs to companies, and government and state institutions, as well as healthcare, education, and financial industries; and secure access solutions for hotels, cruise ships, student accommodations, and elderly care facilities.
In addition, the company offers entrance automation products, services, and components, such as automatic swing, sliding, and revolving doors; industrial doors; garage doors; high-performance doors; docking solutions; hangar doors; gate automation products; components for overhead sectional doors and sensors; and high security fencings and gates.The company provides its products primarily under the ASSA ABLOY, Yale, and HID brands.It sells its products through distributors, wholesalers, and home improvement stores.
ASSA ABLOY AB (publ) was incorporated in 1954 and is based in Stockholm, Sweden.
Market Data
Last Price | 342.4 |
Change Percentage | 0.56% |
Open | 340.2 |
Previous Close | 340.5 |
Market Cap ( Millions) | 375527 |
Volume | 115520 |
Year High | 349.5 |
Year Low | 277 |
M A 50 | 332.4 |
M A 200 | 321.62 |
Financial Ratios
FCF Yield | 4.79% |
Dividend Yield | 1.58% |
ROE | 15.62% |
Debt / Equity | 69.97% |
Net Debt / EBIDTA | 221.32% |
Price To Book | 3.78 |
Price Earnings Ratio | 24.82 |
Price To FCF | 20.87 |
Price To sales | 2.54 |
EV / EBITDA | 14.73 |
News
- Jan -08 - ASSA ABLOY acquires 3millID and Third Millennium in the US and UK
- Nov -12 - ASSA ABLOY acquires IXLA in Italy
- Oct -24 - Assa Abloy AB (ASAZF) Q3 2024 Earnings Call Highlights: Record EBIT and Strategic Acquisitions ...
- Sep -02 - Assa Abloy (ASAZY) Upgraded to Buy: What Does It Mean for the Stock?
- Sep -02 - ASAZY vs. CDRE: Which Stock Is the Better Value Option?
- Sep -02 - Is Assa Abloy (ASAZY) Outperforming Other Industrial Products Stocks This Year?
- May -10 - Stocks to watch this week: Burberry, Vodafone, BT and Walmart
- Apr -26 - Stocks to watch this week: Amazon, Apple, Anglo American and Novo Nordisk
- Apr -24 - Assa Abloy AB's Dividend Analysis
- Apr -24 - UPDATE 3-Swedish lockmaker Assa Abloy flags tough conditions in residential market
- Apr -24 - Assa Abloy Quarterly Report Q1 2024
- Apr -10 - ASAZY vs. VRRM: Which Stock Is the Better Value Option?
- Apr -03 - ASSA ABLOY acquires Messerschmitt Systems in Germany
- Mar -25 - ASAZY or ALRM: Which Is the Better Value Stock Right Now?
- Mar -11 - ASSA ABLOY publishes its Sustainability Report 2023
- Mar -11 - ASSA ABLOY publishes its Annual Report 2023
- Feb -07 - ASAZY or SSTI: Which Is the Better Value Stock Right Now?
- Feb -07 - ASSA ABLOY Quarterly Report Q4 2023
- Feb -07 - UPDATE 1-Assa Abloy posts Q4 operating profit below expectations
- Feb -02 - ASSA ABLOY sells PACA ascenseur in France to KONE
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Electromechanical and Electronic Locks
Expected Growth : 4.5 %
What the company do ?
Electromechanical locks combine mechanical and electronic components, while electronic locks are fully electronic, both offering advanced security and access control solutions from ASSA ABLOY AB (publ).
Why we expect these perspectives ?
ASSA ABLOY's Electromechanical and Electronic Locks segment growth of 4.5% is driven by increasing demand for digital door security, adoption of smart home technology, and rising need for access control in commercial and residential buildings. Additionally, the company's strategic acquisitions and investments in innovation have expanded its product offerings and enhanced its market position.
Segment n°2 -> Entrance Automation
Expected Growth : 4.2 %
What the company do ?
Entrance Automation from ASSA ABLOY AB (publ) provides automated door solutions for secure, convenient, and accessible entrance systems for various industries.
Why we expect these perspectives ?
Entrance Automation's 4.2% growth driven by increasing demand for touchless and hygienic entrance solutions, government investments in infrastructure development, and rising adoption of smart buildings and cities. Additionally, ASSA ABLOY's strategic acquisitions and innovative product offerings, such as automatic doors and gates, contribute to the segment's growth.
Segment n°3 -> Mechanical Locks, Lock Systems, and Fittings
Expected Growth : 3.8 %
What the company do ?
Mechanical Locks, Lock Systems, and Fittings from ASSA ABLOY AB (publ) offer a range of door opening solutions, including locks, cylinders, and fittings for various applications.
Why we expect these perspectives ?
ASSA ABLOY's Mechanical Locks, Lock Systems, and Fittings segment growth of 3.8% is driven by increasing demand for security solutions, urbanization, and infrastructure development. Additionally, the company's focus on innovation, digitalization, and strategic acquisitions contribute to its growth. Furthermore, the trend towards smart homes and buildings, as well as the need for energy-efficient solutions, also support the segment's growth.
Segment n°4 -> Security Doors and Hardware
Expected Growth : 4.8 %
What the company do ?
Security Doors and Hardware from ASSA ABLOY AB (publ) provides secure entrance solutions, including doors, locks, and accessories for various industries and applications.
Why we expect these perspectives ?
ASSA ABLOY's Security Doors and Hardware segment growth of 4.8% is driven by increasing demand for secure and efficient door opening solutions, fueled by urbanization, infrastructure development, and rising concerns about safety and security. Additionally, the company's focus on innovation, digitalization, and sustainability contributes to its growth momentum.
Assa Abloy Ab (Publ) Products
Product Range | What is it ? |
---|---|
Entrance Systems | ASSA ABLOY's Entrance Systems provide a comprehensive range of automatic doors, revolving doors, and manual doors for various applications. |
Global Technologies | ASSA ABLOY's Global Technologies offer a range of electronic locks, digital door locks, and access control systems. |
EMEA (Europe, Middle East, and Africa) Locks | ASSA ABLOY's EMEA Locks provide a range of mechanical locks, cylinders, and padlocks for various applications. |
Americas Locks | ASSA ABLOY's Americas Locks offer a range of mechanical locks, electronic locks, and digital locks for various applications. |
Asia Pacific Locks | ASSA ABLOY's Asia Pacific Locks provide a range of mechanical locks, electronic locks, and digital locks for various applications. |
Identification Technology | ASSA ABLOY's Identification Technology offers a range of identification solutions, including biometric authentication and smart cards. |
ASSA ABLOY AB (publ)'s Porter Forces
Threat Of Substitutes
The threat of substitutes for ASSA ABLOY AB (publ) is medium due to the presence of alternative products and services in the security solutions market.
Bargaining Power Of Customers
The bargaining power of customers for ASSA ABLOY AB (publ) is low due to the company's strong brand reputation and diversified customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for ASSA ABLOY AB (publ) is medium due to the presence of multiple suppliers in the market, but the company's large scale of operations gives it some bargaining power.
Threat Of New Entrants
The threat of new entrants for ASSA ABLOY AB (publ) is low due to the high barriers to entry in the security solutions market, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for ASSA ABLOY AB (publ) is high due to the presence of several established players in the security solutions market, leading to intense competition.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 40.04% |
Debt Cost | 5.48% |
Equity Weight | 59.96% |
Equity Cost | 7.96% |
WACC | 6.97% |
Leverage | 66.78% |
ASSA ABLOY AB (publ) : Quality Control
ASSA ABLOY AB (publ) passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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