ASSA ABLOY AB (publ) (ASAZY) Stock

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ), a company founded in 1954 and headquartered in Stockholm, Sweden, operates as a leading global provider of door opening products, integrated solutions, and related services. Its extensive market reach spans institutional, commercial, and residential sectors across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company's comprehensive product offering includes a wide range of security hardware for doors, such as mechanical, electromechanical, and digital locks, as well as cylinders, door fittings, robust security and fire doors, door frames, and advanced access control devices. Beyond physical security, ASSA ABLOY specializes in identity solutions. These encompass identity and access management systems, biometric technologies, brand protection and authenticity products, contactless RFID tags and transponders, and government identification solutions. These services are delivered to various clients, including private corporations, government and state institutions, and key industries like healthcare, education, and finance. Additionally, the firm develops specialized secure access solutions tailored for hospitality environments such as hotels and cruise ships, along with student accommodations and elderly care facilities. Its expertise further extends to entrance automation, providing a variety of products, components, and services. This includes automatic swing, sliding, and revolving doors, industrial and garage doors, high-performance doors, docking solutions, hangar doors, gate automation systems, and high-security fencing and gates, alongside essential components for overhead sectional doors and sensors. ASSA ABLOY distributes its offerings primarily under its prominent brands: ASSA ABLOY, Yale, and HID. These products are made available to customers through a network of distributors, wholesalers, and home improvement retail outlets.

ASSA ABLOY AB (publ) is headquartered in SE.

ASSA ABLOY AB (publ) (ASAZY) stock trades at $17.15 with a market capitalization of $38.10B. The stock is valued at a price-to-earnings (P/E) ratio of 23.22, price-to-book of 3.38, price-to-sales of 2.44. Over the past 52 weeks the stock has ranged between $15.39 and $21.98, and currently trades 22.0% below its 52-week high. It pays a dividend yielding 2.04%.

On profitability, ASSA ABLOY AB (publ) generates a return on equity (ROE) of 15.32%, above the typical market average, return on capital employed of 14.81%, an operating margin of 16.27%, a net profit margin of 10.51%.

In its most recent fiscal year, ASSA ABLOY AB (publ) reported annual revenue of $152.4B, net profit of $14.7B, revenue has compounded at 11.7% a year over the last five years, profit at 9.9% a year.

The balance sheet shows a debt-to-equity ratio of 0.61, a current ratio of 1.00, total assets of $208.4B, $1.4B in cash and equivalents.

ASAZY has an average daily trading volume of 421,847 shares, a beta of 0.84.

Official website: www.assaabloy.com