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Epiroc AB (publ) (EPOKY)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, 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) (EPOKY) with AI Score 45/100 (Weak). Epiroc AB (publ) develops and produces equipment for surface and underground applications, operating through Equipment & Service and Tools & Attachments segments. Market cap: 0, Sector: Industrials.

Last analyzed: Mar 16, 2026
Epiroc AB (publ) develops and produces equipment for surface and underground applications, operating through Equipment & Service and Tools & Attachments segments. The company provides solutions for rock drilling, excavation, and automation, serving the mining and infrastructure industries.
45/100 AI Score

Epiroc AB (publ) (EPOKY) Industrial Operations Profile

CEOHelena Hedblom
Employees18655
HeadquartersNacka, SE
IPO Year2018

Epiroc AB (publ) is a Swedish-based global leader in providing equipment and solutions for the mining and infrastructure industries. The company specializes in rock drilling, excavation, and related technologies, with a focus on automation, digitalization, and electrification, distinguishing itself through innovative and sustainable solutions.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

Investment Thesis

Epiroc presents a compelling investment thesis based on its strong market position, focus on innovation, and exposure to growing end markets. The company's emphasis on automation, digitalization, and electrification positions it well to capitalize on the increasing demand for sustainable and efficient mining and infrastructure solutions. With a current P/E ratio of 33.67 and a profit margin of 13.9%, Epiroc demonstrates solid profitability. Growth catalysts include expanding its service offerings and penetrating new geographic markets. Key risks include cyclicality in the mining industry and competition from other equipment manufacturers. Investors should monitor Epiroc's ability to maintain its technological edge and adapt to evolving customer needs.

Based on FMP financials and quantitative analysis

Key Highlights

  • Market capitalization of $25.34 billion, reflecting strong investor confidence in Epiroc's market position.
  • Profit margin of 13.9%, indicating efficient operations and strong pricing power.
  • Gross margin of 37.1%, showcasing the value-added nature of Epiroc's products and services.
  • Dividend yield of 1.59%, providing a steady income stream for investors.
  • Beta of 0.93, suggesting lower volatility compared to the overall market.

Competitors & Peers

Strengths

  • Strong market position in the mining and infrastructure industries.
  • Extensive product portfolio and technological expertise.
  • Global sales and service network.
  • Focus on innovation and sustainability.

Weaknesses

  • Exposure to cyclicality in the mining industry.
  • Dependence on commodity prices.
  • Potential for increased competition from other equipment manufacturers.
  • Vulnerability to supply chain disruptions.

Catalysts

  • Ongoing: Increasing demand for automation and digitalization solutions in the mining industry.
  • Upcoming: Potential infrastructure development projects in emerging markets.
  • Ongoing: Growing adoption of electric mining equipment due to environmental concerns.
  • Upcoming: New product launches and technological innovations in sustainable mining solutions.
  • Ongoing: Expansion of service and aftermarket offerings to generate recurring revenue.

Risks

  • Potential: Economic downturns and reduced mining activity.
  • Potential: Fluctuations in commodity prices.
  • Potential: Increased competition from low-cost manufacturers.
  • Potential: Changes in environmental regulations.
  • Ongoing: Currency risk associated with the Swedish Krona.

Growth Opportunities

  • Expansion of Automation and Digitalization Solutions: Epiroc is investing heavily in automation and digitalization technologies, offering solutions that improve efficiency, safety, and productivity for its customers. The market for automation in mining is expected to reach $4.65 billion by 2027, providing a significant growth opportunity for Epiroc. This includes autonomous drilling, remote-controlled equipment, and data analytics platforms that optimize operations.
  • Electrification of Mining Equipment: The demand for electric mining equipment is increasing due to environmental concerns and the need for reduced emissions. Epiroc is developing a range of electric-powered equipment, including loaders, trucks, and drilling machines. The global electric mining equipment market is projected to reach $12.48 billion by 2029, offering substantial growth potential for Epiroc.
  • Geographic Expansion into Emerging Markets: Epiroc has opportunities to expand its presence in emerging markets, particularly in Asia-Pacific and Latin America, where infrastructure development and mining activities are growing rapidly. These regions offer significant potential for increased sales of Epiroc's equipment and services. Focus on countries with growing mining sectors and infrastructure projects.
  • Increased Focus on Service and Aftermarket Offerings: Epiroc can generate recurring revenue by expanding its service and aftermarket offerings, including maintenance, repair, and spare parts. These services are essential for ensuring the uptime and performance of Epiroc's equipment. The global mining equipment aftermarket is estimated to be worth $30 billion annually, providing a stable revenue stream for Epiroc.
  • Development of Sustainable Mining Solutions: With increasing pressure on the mining industry to reduce its environmental impact, Epiroc has an opportunity to develop and market sustainable mining solutions. This includes technologies that reduce water consumption, minimize waste, and improve energy efficiency. Focus on solutions that align with ESG (Environmental, Social, and Governance) principles.

Opportunities

  • Expansion of automation and digitalization solutions.
  • Electrification of mining equipment.
  • Geographic expansion into emerging markets.
  • Increased focus on service and aftermarket offerings.

Threats

  • Economic downturns and reduced mining activity.
  • Fluctuations in commodity prices.
  • Increased competition from low-cost manufacturers.
  • Changes in environmental regulations.

Competitive Advantages

  • Strong brand reputation and long history in the industry.
  • Extensive product portfolio and technological expertise.
  • Global sales and service network.
  • Focus on innovation and sustainability.
  • High switching costs for customers due to specialized equipment and services.

About EPOKY

Epiroc AB (publ) was founded in 1873 and is headquartered in Nacka, Sweden. The company develops and produces a wide range of equipment for surface and underground applications, serving the mining, infrastructure, and natural resources sectors. Epiroc operates through two primary segments: Equipment & Service and Tools & Attachments. The Equipment & Service segment offers solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, exploration drilling, and ventilation systems. This segment also provides critical spare parts, services, and solutions, with an increasing focus on automation, digitalization, and electrification to improve efficiency and sustainability. The Tools & Attachments segment provides rock drilling tools and hydraulic attachments used primarily for drilling, deconstruction, recycling, and rock excavation. Epiroc's products are utilized globally, with a strong presence in key mining regions and infrastructure development projects. The company emphasizes innovation and sustainability, developing solutions that reduce environmental impact and enhance operational safety and productivity for its customers.

What They Do

  • Develops and manufactures equipment for surface and underground mining applications.
  • Provides solutions for rock drilling and mechanical rock excavation.
  • Offers equipment for rock reinforcement, loading, and haulage.
  • Supplies exploration drilling and ventilation systems.
  • Provides drilling equipment for water and energy applications.
  • Offers related spare parts, services, and solutions.
  • Develops solutions for automation, digitalization, and electrification.

Business Model

  • Sells equipment and solutions for mining and infrastructure applications.
  • Provides aftermarket services, including maintenance, repair, and spare parts.
  • Generates revenue through equipment sales, service contracts, and spare parts sales.
  • Focuses on innovation and technology to differentiate its products and services.

Industry Context

Epiroc operates in the agricultural machinery industry, which is closely tied to the mining, infrastructure, and construction sectors. The industry is experiencing a shift towards automation, digitalization, and electrification, driven by the need for increased efficiency, safety, and sustainability. Epiroc is well-positioned to capitalize on these trends, with its focus on innovative solutions in these areas. Competitors include companies like Atlas Copco (ATASF), which also offer equipment and services for the mining and construction industries. The global construction equipment market is projected to reach $230 billion by 2026, presenting significant growth opportunities for Epiroc.

Key Customers

  • Mining companies operating surface and underground mines.
  • Construction companies involved in infrastructure development projects.
  • Drilling contractors working on water and energy projects.
  • Companies involved in deconstruction, recycling, and rock excavation.
AI Confidence: 72% Updated: Mar 16, 2026

Financials

Chart & Info

Epiroc AB (publ) (EPOKY) stock price: Price data unavailable

Latest News

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EPOKY.

Price Targets

Wall Street price target analysis for EPOKY.

MoonshotScore

45/100

What does this score mean?

The MoonshotScore rates EPOKY'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 has been the President and CEO of Epiroc since 2020. She has a strong background in the industrial sector, with extensive experience in various leadership roles. Prior to joining Epiroc, she held several positions within Atlas Copco, including Senior Executive Vice President Mining and Infrastructure and Senior Vice President Sustainable Productivity. Her experience spans across different areas, including operations, marketing, and business development.

Track Record: Under Helena Hedblom's leadership, Epiroc has focused on strengthening its position as a leader in sustainable productivity solutions. Key achievements include driving innovation in automation, digitalization, and electrification, as well as expanding the company's service offerings. She has also overseen strategic acquisitions and partnerships to enhance Epiroc's technological capabilities and market reach.

Epiroc AB (publ) ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. EPOKY is traded as a Level 1 ADR, meaning it trades over-the-counter (OTC) and has less stringent reporting requirements than listed stocks. This allows U.S. investors to invest in Epiroc AB (publ) without directly dealing with foreign exchanges.

  • Home Market Ticker: Nasdaq Stockholm, Sweden
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: EPOK
Currency Risk: As an ADR, EPOKY is subject to currency risk. The value of the ADR can fluctuate based on changes in the exchange rate between the Swedish Krona (SEK) and the U.S. dollar (USD). A strengthening SEK relative to the USD would positively impact the ADR's value, while a weakening SEK would negatively impact it. Investors may want to evaluate this currency exposure when evaluating their investment.
Tax Implications: Dividends paid on EPOKY ADRs are subject to foreign dividend withholding tax by the Swedish government. The standard withholding tax rate is typically 15%. However, the specific rate may vary depending on tax treaties between the U.S. and Sweden. U.S. investors may be able to claim a foreign tax credit on their U.S. tax return for the amount of foreign tax withheld.
Trading Hours: The Nasdaq Stockholm (EPOK) typically operates from 09:00 to 17:30 Central European Time (CET), which is 3:00 AM to 11:30 AM Eastern Time (ET). Since EPOKY trades on the OTC market in the US, its trading hours generally align with the US market hours (9:30 AM to 4:00 PM ET). This difference in trading hours may affect the ability to react immediately to news or events occurring in the home market.

EPOKY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that Epiroc AB (publ)'s ADR (EPOKY) has limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not meet minimum financial standards or have chosen not to comply with stricter listing requirements. This can result in less transparency and potentially higher risks for investors due to the limited information available.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for EPOKY on the OTC Other tier is likely to be limited. This can result in lower trading volumes and wider bid-ask spreads, making it more difficult to buy or sell shares quickly and at a favorable price. Investors may experience price volatility and potential delays in executing trades. The limited liquidity increases the risk of significant price fluctuations and potential losses.
OTC Risk Factors:
  • Limited regulatory oversight and reporting requirements.
  • Potential for lower trading volumes and wider bid-ask spreads.
  • Increased price volatility due to limited liquidity.
  • Greater risk of fraud or manipulation due to less scrutiny.
  • Difficulty in obtaining reliable and up-to-date company information.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Monitor trading volume and price volatility.
  • Consult with a financial advisor to assess the risks.
  • Understand the potential tax implications of investing in an OTC stock.
Legitimacy Signals:
  • Established history and track record in the mining and infrastructure industries.
  • Presence of a reputable management team and board of directors.
  • Positive industry recognition and customer reviews.
  • Commitment to transparency and investor communication.
  • Compliance with applicable laws and regulations.

Common Questions About EPOKY

What does Epiroc AB (publ) do?

Epiroc AB (publ) is a global company that develops and manufactures equipment for the mining and infrastructure industries. Its offerings include equipment for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, exploration drilling, and ventilation systems. The company also provides related spare parts, services, and solutions, with a growing focus on automation, digitalization, and electrification to enhance efficiency and sustainability for its customers.

What do analysts say about EPOKY stock?

Analyst consensus on Epiroc (EPOKY) is pending AI analysis. Investors should monitor key valuation metrics such as the P/E ratio (33.67), profit margin (13.9%), and dividend yield (1.59%). Growth considerations include the company's focus on automation, digitalization, and electrification, as well as its expansion into emerging markets. However, investors should also be aware of potential risks such as cyclicality in the mining industry and currency fluctuations.

What are the main risks for EPOKY?

The main risks for Epiroc (EPOKY) include exposure to cyclicality in the mining industry, which can impact demand for its equipment and services. Fluctuations in commodity prices can also affect mining activity and investment decisions. Increased competition from low-cost manufacturers and changes in environmental regulations pose additional challenges. As an ADR, EPOKY is also subject to currency risk, which can impact its value for U.S. investors.

What are the key factors to evaluate for EPOKY?

Epiroc AB (publ) (EPOKY) currently holds an AI score of 45/100, indicating low score. Key strength: Strong market position in the mining and infrastructure industries.. Primary risk to monitor: Potential: Economic downturns and reduced mining activity.. This is not financial advice.

How frequently does EPOKY data refresh on this page?

EPOKY prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven EPOKY's recent stock price performance?

Recent price movement in Epiroc AB (publ) (EPOKY) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong market position in the mining and infrastructure industries.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider EPOKY overvalued or undervalued right now?

Determining whether Epiroc AB (publ) (EPOKY) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying EPOKY?

Before investing in Epiroc AB (publ) (EPOKY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

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

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for EPOKY, which may provide further insights.
  • OTC market investments carry additional risks due to limited regulation and disclosure.
Data Sources

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