Epiroc AB (publ) (EPIPF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Epiroc AB (publ) (EPIPF) trades at $19.75 with AI Score 45/100 (Grade C). Epiroc AB is a Swedish industrial company established in 1873, specializing in advanced equipment and services for mining and infrastructure projects globally. Market cap: $23.89B, Sector: Industrials.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for EPIPF: EPIPF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EPIPF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
EPIPF: the 1 perspectives are evenly split.
How is this calculated? →Epiroc AB (publ) (EPIPF) Industrial Operations Profile
Epiroc AB, established in 1873, is a Swedish industrial leader specializing in advanced equipment for mining and infrastructure, including rock drilling, excavation, and material handling. The company differentiates through its focus on automation, digitalization, and electrification solutions across its Equipment & Service and Tools & Attachments segments, serving global above-ground and underground operations.
What Is the Investment Thesis for EPIPF?
Epiroc AB (EPIPF) presents an investment profile centered on its established leadership in the global mining and infrastructure equipment sector, supported by a robust financial framework. The company's market capitalization stands at $23.17 billion, reflecting its substantial industry presence. A P/E ratio of 37.5 indicates investor confidence in its future earnings potential, while its profit margin of 14.0% and gross margin of 36.1% demonstrate strong operational efficiency and pricing power within its specialized markets. Key growth catalysts include the ongoing global demand for natural resources, driving capital expenditure in mining, and significant infrastructure development projects worldwide. Epiroc's strategic focus on integrating automation, digitalization, and electrification into its product offerings positions it to capture market share in an industry increasingly prioritizing efficiency, safety, and sustainability. The company also offers a dividend yield of 1.43%, providing a return to shareholders. Potential risks include the cyclical nature of commodity markets, which can impact demand for mining equipment, and intense competition within the industrial machinery sector. Investors should monitor the company's ability to maintain its technological edge and adapt to market fluctuations.
Based on FMP financials and quantitative analysis
EPIPF Key Highlights
- Market capitalization of $23.89B, indicating a significant presence in the industrial machinery sector.
- A P/E ratio of 37.5, suggesting investor expectations for continued earnings growth.
- Profit margin of 14.0%, demonstrating strong profitability from its operations.
- Gross margin of 36.1%, reflecting efficient cost management relative to revenue.
- A dividend yield of 1.43%, providing a consistent return to shareholders.
Who Are EPIPF's Competitors?
EPIPF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HOCFF Hochtief AG | $560.20 | -1.37% | $42.15B | 49 |
| VEOEF Veolia Environnement S.A. | $42.47 | +3.98% | $31.08B | 45 |
| KHNGF Kuehne + Nagel International AG | $238.22 | -4.09% | $28.29B | 45 |
| OUKPY Metso Corporation Unsponsored ADR | $8.96 | +3.70% | $29.68B | 46 |
| TTNDF Techtronic Industries Company Limited | $15.45 | -9.38% | $28.25B | 47 |
| DE Deere & Company | $635.24 | +2.25% | 172B | 52 |
| SNYYF Sany Heavy Equipment International Holdings Company Limited | $0.91 | +2.43% | $2.99B | 52 |
| XOS Xos, Inc. | $2.90 | +7.01% | $29.68M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EPIPF's Key Strengths?
- Established leadership position in the global mining equipment sector.
- Strong focus on innovation, including automation, digitalization, and electrification solutions.
- Comprehensive product and service portfolio across two core divisions.
- Robust financial metrics including a 14.0% profit margin and 36.1% gross margin.
- Long operating history since 1873, indicating deep industry expertise and brand recognition.
What Are EPIPF's Weaknesses?
- Exposure to the cyclical nature of commodity markets, impacting capital expenditure decisions.
- Reliance on global mining and infrastructure spending, which can be volatile.
- Operating on the OTC Other tier, potentially limiting liquidity and investor access.
- Unknown disclosure status on the OTC market, which could raise transparency concerns for some investors.
What Could Drive EPIPF Stock Higher?
- **Increased Global Infrastructure Spending:** Governments worldwide are expected to continue investing in large-scale infrastructure projects, driving demand for Epiroc's excavation and construction tools and equipment.
- **Accelerated Adoption of Automation and Digitalization:** Continued integration of advanced automation and digital solutions in mining and construction operations will drive demand for Epiroc's smart equipment and services.
- **Electrification of Mining Fleets:** The industry-wide shift towards more sustainable and electric-powered mining equipment will boost sales of Epiroc's growing portfolio of battery-electric vehicles and solutions.
- **New Product Launches in Water and Energy Drilling:** Introduction of innovative drilling equipment tailored for water and energy extraction could open new market segments and revenue streams for the company.
- **Expansion of Aftermarket Service Contracts:** Growth in the installed base of Epiroc equipment globally will naturally lead to an increase in demand for its high-margin spare parts, maintenance, and service agreements.
What Are the Key Risks for EPIPF?
- Rich valuation — a P/E of 37.5 runs well above the Industrials sector’s ~30x, leaving little room for a miss.
- **Cyclicality of Commodity Markets:** Fluctuations in global commodity prices can directly impact capital expenditure decisions in the mining industry, potentially reducing demand for Epiroc's equipment.
- **Intense Competition:** The industrial machinery sector is highly competitive, requiring continuous innovation and significant R&D investment to maintain market share and pricing power.
- **Global Economic Slowdown:** A significant downturn in the global economy could reduce demand for both mining products and infrastructure development, negatively affecting Epiroc's sales.
- **Supply Chain Disruptions:** Geopolitical events, natural disasters, or logistics challenges could disrupt Epiroc's supply chain, leading to production delays and increased costs.
- **Regulatory Changes:** Evolving environmental regulations or mining policies in key operating regions could necessitate costly adjustments to equipment or operational practices.
What Are the Growth Opportunities for EPIPF?
- Growth opportunity 1: **Automation and Digitalization in Mining:** The global smart mining market is projected to grow significantly, driven by the need for enhanced safety, productivity, and cost reduction. Epiroc's offerings in automation and digitalization, such as autonomous drilling rigs and data-driven fleet management systems, position it to capitalize on this trend. By providing solutions that allow for remote operation and predictive maintenance, Epiroc can secure long-term contracts and expand its market share among mining companies seeking to modernize their operations, with adoption timelines accelerating over the next 5-10 years.
- Growth opportunity 2: **Electrification of Mining Equipment:** The push for sustainable mining practices and reduced carbon footprints is driving demand for battery-electric vehicles (BEVs) and electrified equipment. Epiroc is actively developing and deploying a range of electric solutions for underground mining, including loaders, haulers, and drill rigs. This aligns with global environmental regulations and corporate sustainability goals, offering a significant growth avenue as mines transition away from diesel-powered machinery. This transition is expected to gain substantial momentum over the next decade, with Epiroc as a key enabler.
- Growth opportunity 3: **Water and Energy Extraction Equipment:** Epiroc's specialized drilling equipment for water and energy extraction addresses critical global needs. As populations grow and climate change impacts water resources, the demand for efficient and reliable water well drilling solutions increases. Similarly, the energy sector, including geothermal and certain oil and gas applications, requires advanced drilling technology. Epiroc's expertise in rock drilling can be leveraged to expand its presence in these vital markets, which are characterized by consistent, long-term demand and significant project values.
- Growth opportunity 4: **Expansion of Aftermarket Services and Solutions:** The Equipment & Service segment provides spare parts, maintenance, and advanced solutions, representing a stable and high-margin revenue stream. As Epiroc's installed base of equipment grows, so does the demand for its aftermarket services. By offering comprehensive service agreements, digital monitoring, and predictive maintenance, Epiroc can enhance customer loyalty and capture recurring revenue. This segment's growth is directly tied to the longevity and performance of its machinery, ensuring a continuous revenue stream independent of new equipment sales cycles.
- Growth opportunity 5: **Global Infrastructure Development:** Beyond mining, Epiroc's Tools & Attachments segment, with products for deconstruction, recycling, and general rock excavation, is well-positioned to benefit from global infrastructure spending. Governments worldwide are investing in new roads, bridges, tunnels, and urban development projects. The need for efficient and robust hydraulic attachments and rock drilling tools for these construction and demolition activities provides a broad and consistent market opportunity. This sector offers diversification from the cyclical mining industry, with long-term growth prospects driven by urbanization and economic development.
What Opportunities Does EPIPF Have?
- Increasing global demand for automation and digitalization in industrial operations.
- Growing adoption of battery-electric and sustainable equipment in mining and construction.
- Expansion into specialized drilling for water and energy extraction projects.
- Leveraging aftermarket services for recurring revenue and enhanced customer relationships.
- Benefiting from long-term global infrastructure development trends.
What Threats Does EPIPF Face?
- Intense competition from other major industrial machinery manufacturers.
- Economic downturns or significant declines in commodity prices reducing demand for equipment.
- Supply chain disruptions affecting production and delivery of equipment.
- Rapid technological shifts requiring continuous R&D investment to maintain competitiveness.
- Regulatory changes impacting mining operations or environmental standards.
What Are EPIPF's Competitive Advantages?
- **Technological Leadership:** Strong focus on R&D, particularly in automation, digitalization, and electrification, creating advanced and efficient solutions.
- **Comprehensive Product Portfolio:** Offers a wide range of equipment, tools, and services, providing integrated solutions for diverse customer needs.
- **Global Service Network:** Extensive aftermarket support and service presence ensures equipment uptime and customer loyalty worldwide.
- **Established Brand Reputation:** Long history since 1873 and a strong brand known for reliability and innovation in demanding industrial environments.
- **Specialized Expertise:** Deep knowledge in complex rock excavation and drilling applications, forming a barrier to entry for generalist competitors.
What Does EPIPF Do?
Epiroc AB (publ), a venerable Swedish enterprise founded in 1873 and headquartered in Nacka, Sweden, has evolved into a global leader in designing and manufacturing sophisticated equipment for both above-ground and underground operations. Its long history reflects a deep understanding of industrial needs, adapting from its origins to become a modern innovator in critical sectors. The company's operational structure is bifurcated into two principal divisions. The Equipment & Service segment is comprehensive, offering an extensive array of machinery and integrated solutions essential for rock drilling, mechanical rock excavation, ground reinforcement, efficient material loading and hauling, exploration drilling, and advanced ventilation systems. This division also provides specialized drilling equipment crucial for water and energy extraction, addressing global demands for resources. Crucially, it extends its value proposition through robust aftermarket support, including spare parts, maintenance services, and cutting-edge solutions that integrate automation, digitalization, and electrification, enhancing operational efficiency and sustainability for its clients. Complementing this, the Tools & Attachments segment delivers vital rock drilling implements and hydraulic attachments. These products are primarily utilized across diverse applications such as precision drilling, deconstruction, recycling operations, and general rock excavation tasks, underscoring Epiroc's comprehensive approach to serving the heavy industrial and infrastructure markets worldwide. With 19,042 employees, Epiroc maintains a significant global footprint, consistently innovating to meet the evolving demands of its specialized clientele.
What Products and Services Does EPIPF Offer?
- Designs and produces equipment for above-ground and underground operations.
- Offers machinery for rock drilling and mechanical rock excavation.
- Provides solutions for ground reinforcement and material loading/hauling.
- Manufactures exploration drilling equipment and ventilation systems.
- Supplies specialized drilling equipment for water and energy extraction.
- Offers spare parts, maintenance, and advanced solutions incorporating automation, digitalization, and electrification.
- Provides rock drilling implements and hydraulic attachments for various applications.
- Supports activities like drilling, deconstruction, recycling, and general rock excavation.
How Does EPIPF Make Money?
- **Equipment Sales:** Generates revenue from the sale of new machinery for mining and infrastructure projects, including drilling rigs, excavators, and loaders.
- **Tools & Attachments Sales:** Earns revenue from the sale of consumable and durable rock drilling tools and hydraulic attachments.
- **Service & Aftermarket Support:** Provides recurring revenue through the sale of spare parts, maintenance contracts, and advanced digital and automation solutions.
- **Technology Solutions:** Monetizes its expertise in automation, digitalization, and electrification by integrating these advanced features into its equipment and service offerings.
- **Specialized Project Solutions:** Engages in projects requiring customized drilling and excavation solutions for specific water, energy, or infrastructure applications.
What Industry Does EPIPF Operate In?
Epiroc AB operates within the Industrials sector, specifically categorized under Agricultural - Machinery, though its core business is more accurately defined by mining and infrastructure equipment. This market is characterized by significant capital expenditure, technological innovation, and sensitivity to global economic cycles and commodity prices. Epiroc holds a strong position as a provider of specialized equipment for both above-ground and underground operations, differentiating itself through advanced solutions in rock drilling, excavation, and material handling. The industry is currently experiencing trends towards automation, digitalization, and electrification, driven by demands for increased efficiency, safety, and environmental sustainability. Epiroc's focus on these areas positions it favorably against competitors, many of whom are also investing heavily in similar technologies. The global market for mining equipment, for instance, is substantial, with ongoing demand for minerals and metals supporting continued investment in new machinery and services.
Who Are EPIPF's Key Customers?
- **Mining Companies:** Global operators of both surface and underground mines seeking equipment for extraction, hauling, and processing.
- **Construction and Infrastructure Firms:** Companies involved in large-scale building, road, tunnel, and demolition projects.
- **Quarrying and Aggregates Producers:** Businesses extracting rock and minerals for construction materials.
- **Water and Energy Utilities:** Entities requiring specialized drilling for water wells, geothermal energy, or other resource extraction.
- **Drilling Contractors:** Independent contractors specializing in various forms of rock drilling and excavation services.
Company Profile
Epiroc AB (publ) operates in the Agricultural - Machinery industry within the Industrials sector. It is headquartered in Nacka, SE. The company is led by CEO Helena Hedblom. EPIPF has traded publicly since 2019.
How Epiroc AB (publ) Is Valued
Epiroc AB (publ) carries a market capitalization of $23.89B, placing it in the large-cap category. Relative to its peer group, EPIPF's quantitative score of 45/100 is roughly in line with the peer average of 46/100.
ROE 20%Key Financial Metrics
Return on equity for Epiroc AB (publ) stands at 20.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 10.2%, showing how much profit it generates from its asset base. EPIPF trades at a trailing price-to-earnings ratio of 37.48, above the Industrials sector average of ~30x. Its free cash flow yield is 2.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.43 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.7%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Epiroc AB (publ)'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 5.92 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Epiroc AB (publ) revenue of about $65.68B for fiscal 2026, with EPS near $8.32. The estimate reflects 19 contributing analysts.
EPIPF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established leadership position in the global mining equipment sector.
- Strong focus on innovation, including automation, digitalization, and electrification solutions.
- Comprehensive product and service portfolio across two core divisions.
- Robust financial metrics including a 14.0% profit margin and 36.1% gross margin.
Bear Case
- Exposure to the cyclical nature of commodity markets, impacting capital expenditure decisions.
- Reliance on global mining and infrastructure spending, which can be volatile.
- Operating on the OTC Other tier, potentially limiting liquidity and investor access.
- Unknown disclosure status on the OTC market, which could raise transparency concerns for some investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
EPIPF Latest News
No recent news available for EPIPF.
EPIPF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EPIPF.
Price Targets
Wall Street price target analysis for EPIPF.
EPIPF MoonshotScore
What does this score mean?
The MoonshotScore rates EPIPF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Helena Hedblom
President and CEO
Helena Hedblom serves as the President and CEO of Epiroc AB, overseeing a global workforce of 19,042 employees. Her career within the industry has been marked by extensive experience in various leadership roles, demonstrating a deep understanding of the mining and infrastructure equipment sector. Before her current appointment, Ms. Hedblom held significant positions within the company, including Senior Executive Vice President Mining and Infrastructure, and President of the Rock Drilling Tools division. Her background is rooted in engineering and business, providing a strong foundation for leading a technology-driven industrial company.
Track Record: Under Helena Hedblom's leadership, Epiroc has continued to emphasize innovation, particularly in the areas of automation, digitalization, and electrification, aligning the company with future industry demands. She has been instrumental in driving strategic initiatives aimed at enhancing operational efficiency and expanding Epiroc's market presence in key growth segments. Her tenure has seen a sustained focus on customer-centric solutions and the development of sustainable technologies, reinforcing Epiroc's position as a leader in its specialized markets.
EPIPF OTC Market Information
Epiroc AB (EPIPF) trades on the OTC Other tier, which is the lowest of the three primary OTC market tiers. Unlike stocks listed on major exchanges such as the NYSE or NASDAQ, OTC Other securities generally do not meet minimum financial standards or disclosure requirements. This tier is typically home to companies that do not provide current information to the public or a market maker, making it challenging for investors to access comprehensive data. It signifies a lower level of regulatory oversight and transparency compared to OTCQX or OTCQB, which have more stringent reporting standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- **Limited Information and Transparency:** The 'Unknown' disclosure status means there is no guarantee of regular or comprehensive financial reporting, making it difficult to assess the company's true financial health and operational performance.
- **Lower Liquidity:** Trading on OTC Other can lead to lower trading volumes and wider bid-ask spreads, making it harder to buy or sell shares without significantly impacting the price.
- **Increased Volatility:** Lack of transparency and lower liquidity can contribute to higher price volatility, as fewer participants and less information can lead to more dramatic price swings.
- **Limited Analyst Coverage:** OTC Other stocks typically receive little to no coverage from institutional analysts, reducing the available independent research for investors.
- **Potential for Manipulation:** The less regulated environment of OTC Other markets can present a higher risk of market manipulation compared to major exchanges.
- Verify the company's official website and investor relations section for any available financial reports or press releases.
- Research any news or announcements from the company's home country (Sweden) regulatory bodies, if applicable.
- Examine the company's business operations and market position through independent industry reports or news articles.
- Assess the trading volume and bid-ask spread of EPIPF over an extended period to understand liquidity characteristics.
- Evaluate the company's fundamental business strength, including its products, services, and competitive advantages, independent of its OTC listing.
- Consider the company's long operating history and global presence as indicators of operational stability.
- Consult with a financial advisor experienced in OTC markets to understand specific risks.
- **Long Operating History:** Established in 1873, Epiroc AB has a substantial history, suggesting a stable and enduring business rather than a speculative venture.
- **Clear and Defined Business:** The company has a well-articulated business model focused on industrial equipment for mining and infrastructure, indicating a legitimate operational purpose.
- **Global Presence and Employee Count:** With 19,042 employees and operations in critical global sectors, Epiroc demonstrates a significant and tangible operational footprint.
- **Focus on Advanced Technologies:** Its emphasis on automation, digitalization, and electrification suggests a forward-thinking and innovative company, characteristic of established industrial players.
- **Parent Company Structure:** Often, companies on OTC tiers are foreign-domiciled firms whose primary listing is on a regulated exchange in their home country, which is often the case for well-established international businesses like Epiroc.
Common Questions About EPIPF (Industrials)
What does Epiroc AB (publ) do?
Epiroc AB (publ) is a Swedish industrial company that designs and manufactures a comprehensive range of equipment and tools for mining and infrastructure applications. Its operations are divided into two main segments: Equipment & Service, which provides machinery for rock drilling, excavation, material handling, and exploration, along with crucial aftermarket support like spare parts and maintenance; and Tools & Attachments, which supplies rock drilling implements and hydraulic attachments used in drilling, deconstruction, recycling, and general rock excavation. The company is particularly focused on integrating advanced solutions such as automation, digitalization, and electrification into its offerings to enhance efficiency and sustainability for its global clientele.
What are the key financial metrics investors watch for EPIPF?
For EPIPF, investors typically monitor several key financial metrics to assess its performance and valuation within the industrial machinery sector. The P/E ratio of 37.5 is a crucial indicator of how much investors are willing to pay for each dollar of earnings, often reflecting growth expectations. Profit margin (14.0%) and gross margin (36.1%) are vital for understanding the company's operational efficiency and pricing power. A healthy gross margin suggests effective cost control in production, while a strong profit margin indicates overall profitability. The market capitalization of $23.89B provides context on the company's size and market presence. Additionally, the dividend yield of 1.43% is important for income-focused investors, indicating the return on investment from dividends relative to the stock price.
How does Epiroc AB (publ) compare to competitors in its industry?
Epiroc AB distinguishes itself from competitors through its specialized focus on advanced equipment for mining and infrastructure, particularly its strong emphasis on automation, digitalization, and electrification. While companies like Metso Corporation Unsponsored ADR (OUKPY) are direct competitors in the mining and aggregates equipment space, Epiroc's long history and dedicated R&D in these future-oriented technologies provide a competitive edge. Other listed competitors like Hochtief AG (HOCFF) and Veolia Environnement S.A. (VEOEF) operate in broader construction or environmental services, making Epiroc's specialization a key differentiator. Its comprehensive service offerings and global reach also help maintain its competitive standing against both niche players and larger, more diversified industrial conglomerates, allowing it to cater to specific, high-value industry needs.
What are the main risks for EPIPF?
The primary risks for EPIPF stem from the inherent cyclicality of the commodity markets, which directly influences capital expenditure decisions within the mining industry. A downturn in commodity prices can lead to reduced demand for new equipment and services. Additionally, the industrial machinery sector is highly competitive, necessitating continuous investment in research and development to maintain technological leadership and market share. Global economic slowdowns or geopolitical instability could also dampen demand for both mining products and infrastructure projects. Furthermore, as an OTC Other listed stock, EPIPF faces risks associated with potentially lower liquidity, wider bid-ask spreads, and less comprehensive public disclosure compared to companies on major exchanges, which could impact investor confidence and trading efficiency.
What are the key factors to evaluate for EPIPF?
Epiroc AB (publ) (EPIPF) holds an AI score of 45/100 (low). P/E: 37.5x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does EPIPF data refresh on this page?
EPIPF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EPIPF's recent stock price performance?
Epiroc AB (publ) (EPIPF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established leadership position in the global mining equipment sector. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EPIPF overvalued or undervalued right now?
Epiroc AB (publ) (EPIPF) trades at 37.5x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
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