Last kr402.60 SEK
Change Today +11.70 / 2.99%
Volume 839.5K
ASSAB On Other Exchanges
Symbol
Exchange
OTC US
Stuttgart
Stockholm
OTC US
As of 11:24 AM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

assa abloy ab-b (ASSAB) Snapshot

Open
kr392.90
Previous Close
kr390.90
Day High
kr403.90
Day Low
kr392.20
52 Week High
11/21/14 - kr403.90
52 Week Low
03/14/14 - kr313.20
Market Cap
149.3B
Average Volume 10 Days
742.7K
EPS TTM
kr14.40
Shares Outstanding
351.7M
EX-Date
05/8/14
P/E TM
28.0x
Dividend
kr5.70
Dividend Yield
1.35%
Current Stock Chart for ASSA ABLOY AB-B (ASSAB)

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assa abloy ab-b (ASSAB) Details

ASSA ABLOY AB manufactures and sells door opening solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It offers mechanical and electromechanical locks, cylinders, digital door locks, security doors, door frames, hardware fittings, and industrial high-security fencing and gates; and lockcases, handles, door closers, emergency exit devices, access controls, card readers, and industrial doors under ABLOY, ASSA, ABLOY, ASSA, IKON, Mul-T-Lock, TESA, UNION, Vachette, Yale, Ceco, Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT, La Fonte, Ameristar, Baodean, Guli, Pan Pan, Liyi, Doormax, Beijing Tianming, Guoqiang, Sahne, Longdian, Gateman, Angel, King, Yale, Lockwood, and Interlock brand names. The company also provides secure identity solutions, primarily in identity and access management, and in contactless identification solutions under the HID Global and VingCard brands; electronic lock systems, safes, energy management systems, and minibars for hotels and cruise ships under the VingCard Elsafe brand name; and automatic swing, sliding and revolving doors, gate automation, hardware, garage doors, industrial doors, docking solutions, and hangar doors under Besam, Crawford, Megadoor, Albany, FlexiForce, Kelley, Serco, Normstahl, Dynaco, Ditec, EM, and Amarr brand names. In addition, it offers physical access control, secure issuance, identity assurance, government and citizen ID, mobile access control, and contactless identification products. The company serves schools and offices, museums, homes, hospitals, industries, arenas, railway stations and airports, and hotels. ASSA ABLOY AB sells its products through security systems integrators; locksmiths and security installers; building and lock wholesalers; retailers; DIY, hardware, and security stores; OEMs; and door and window manufacturers. The company was founded in 1994 and is headquartered in Stockholm, Sweden.

43,927 Employees
Last Reported Date: 10/23/14
Founded in 1994

assa abloy ab-b (ASSAB) Top Compensated Officers

Chief Executive Officer, President, Head of G...
Total Annual Compensation: kr23.2M
Compensation as of Fiscal Year 2013.

assa abloy ab-b (ASSAB) Key Developments

Assa Abloy Mulls Acquisitions

Assa Abloy AB (OM:ASSA B) is seeking acquisitions. Assa Abloy said that it hopes to buy a few more companies in this quarter ending December 31, 2014. Johan Molin, Chief Executive Officer of Assa Abloy, said that Assa Abloy also intends to buy an additional 10 to 15 companies in 2015. Molin said, "We are an acquisition machine." Molin added, "There is more opportunity in emerging markets simply because their business is not doing well. That means many companies come up for sale normally."

Assa Abloy Announces Group Earnings Results for the Third Quarter and Group and Parent Earnings Results for the Nine Months Ended September 2014; Reaffirms Earnings Guidance for the Year 2014

Assa Abloy announced group earnings results for the third quarter and group and parent earnings results for the nine months ended September 2014. For the quarter, on group basis, sales were SEK 14,727 million against SEK 12,131 million a year ago. Operating income was SEK 2,499 million against SEK 2,090 million a year ago. Income before tax was SEK 2,364 million against SEK 1,966 million a year ago. Net income was SEK 1,749 million against SEK 1,474 million a year ago. Cash flow from operating activities was SEK 2,092 million against SEK 2,183 million a year ago. Earnings per share after tax and dilution were SEK 4.72 against SEK 3.98 a year ago. Net investments in tangible and intangible assets was SEK 388 million compared to SEK 280 million a year ago. Operating income before depreciation excluding items affecting comparability was SEK 2,791 million compared to SEK 2,339 million a year ago. For the nine months, on group basis, sales were SEK 40,996 million against SEK 35,239 million a year ago. Operating income was SEK 6,575 million against SEK 5,722 million a year ago. Income before tax was SEK 6,145 million against SEK 5,331 million a year ago. Net income was SEK 4,548 million against SEK 3,986 million a year ago. Cash flow from operating activities SEK 3,509 million against SEK 3,723 million a year ago. Earnings per share after tax and dilution were SEK 12.28 against SEK 10.76 a year ago. Return on shareholders' equity was 19.6% compared to 19.9% a year ago. Net investments in tangible and intangible assets was SEK 926 million compared to SEK 741 million a year ago. Operating income before depreciation excluding items affecting comparability was SEK 7,430 million compared to SEK 6,477 million a year ago. Net debt at end of period was SEK 22,348 million compared to SEK 17,356 million a year ago. For the nine months, on parent basis, operating income was SEK 563 million compared to SEK 499 million a year ago. Income before tax was SEK 1,550 million compared to SEK 1,926 million a year ago. Net income was SEK 1,488 million compared to SEK 1,918 million a year ago. Organic sales growth is expected to continue at a good rate. The operating margin (EBIT) and operating cash flow are expected to develop well.

Assa Abloy AB, Q3 2014 Earnings Call, Oct 23, 2014

Assa Abloy AB, Q3 2014 Earnings Call, Oct 23, 2014

 

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Industry Analysis

ASSAB

Industry Average

Valuation ASSAB Industry Range
Price/Earnings 26.5x
Price/Sales 2.6x
Price/Book 4.3x
Price/Cash Flow 25.1x
TEV/Sales 2.1x
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