ASSA ABLOY AB (publ) (ASAZY) Stock Analysis

Why this analysis is different

• A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

ASSA ABLOY AB (publ) (ASAZY) Industrial Operations Profile

ASSA ABLOY AB (publ) is a global leader in security and access solutions, providing mechanical, electromechanical, and digital door opening products. With a presence in Europe, the Americas, Asia, and Oceania, the company serves institutional, commercial, and residential markets, leveraging brands like ASSA ABLOY, Yale, and HID.

What Is the Investment Thesis for ASAZY?

ASSA ABLOY presents a compelling investment case based on its global leadership in the security and access solutions market. The company's diverse product portfolio and geographic reach provide a stable foundation for growth. With a P/E ratio of 24.2 and a profit margin of 9.6%, ASSA ABLOY demonstrates financial stability. Key growth catalysts include the increasing demand for digital and electromechanical security solutions and expansion into emerging markets. Potential risks include economic downturns impacting construction and renovation activities and increased competition from new entrants. The company's dividend yield of 1.72% offers an additional incentive for investors.

Based on FMP financials and quantitative analysis

ASAZY Key Highlights

Market capitalization of $41.5B, reflecting its significant presence in the security solutions market.

• P/E ratio of 24.2, indicating investor confidence in its earnings potential.
• Profit margin of 9.6%, showcasing its ability to generate profits from its operations.
• Gross margin of 42.6%, demonstrating efficient cost management in its manufacturing and distribution processes.
• Dividend yield of 1.72%, providing a steady income stream for investors.

Who Are ASAZY's Competitors?

ASAZY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are ASAZY's Key Strengths?

Global market leadership in door opening solutions.

• Diverse product portfolio and geographic presence.
• Strong brand recognition with established brands.
• Technological innovation in digital and electromechanical security.

What Are ASAZY's Weaknesses?

Exposure to economic cycles affecting construction and renovation.

• Dependence on traditional mechanical lock sales.
• Potential for supply chain disruptions.
• Currency exchange rate fluctuations impacting financial results.

What Could Drive ASAZY Stock Higher?

Increasing demand for digital and electromechanical security solutions.

• Expansion in emerging markets with growing security needs.
• Potential strategic acquisitions to enhance product portfolio.
• Integration with IoT and smart home technologies.
• Government and institutional contracts for security solutions.

What Are the Key Risks for ASAZY?

Inconsistent delivery — missed Wall Street EPS estimates in 5 of the last 8 reported quarters.

• Economic downturns impacting construction and renovation activities.
• Intense competition from established and emerging players.
• Technological disruptions and new security threats.
• Currency exchange rate fluctuations impacting financial results.
• Supply chain disruptions affecting production and distribution.

What Are the Growth Opportunities for ASAZY?

• Expansion in Emerging Markets: ASSA ABLOY can leverage its global presence to expand further into emerging markets in Asia and South America. These regions are experiencing rapid urbanization and infrastructure development, driving demand for security solutions. This expansion could increase revenue by 10-15% over the next 3-5 years, capitalizing on the growing construction and renovation sectors in these regions.
• Digital and Electromechanical Security Solutions: The increasing demand for digital and electromechanical security solutions presents a significant growth opportunity. ASSA ABLOY can focus on developing and marketing advanced access control systems, biometric solutions, and smart locks. This segment is projected to grow at a CAGR of 8-10% over the next 5 years, offering substantial revenue potential.
• Strategic Acquisitions: ASSA ABLOY has a history of strategic acquisitions to expand its product portfolio and geographic reach. Continuing this strategy by acquiring smaller, innovative companies in the security technology space can enhance its competitive advantage. Targeted acquisitions can add specialized technologies and market access, contributing to a 5-7% annual revenue growth.
• Integration with IoT and Smart Home Technologies: Integrating its security solutions with IoT and smart home technologies can create new revenue streams and enhance customer value. This includes developing smart locks that can be controlled remotely and integrated with home automation systems. The smart home market is expected to reach $100 billion by 2028, providing a significant opportunity for ASSA ABLOY.
• Government and Institutional Contracts: Securing government and institutional contracts for providing security solutions for public buildings, infrastructure projects, and government facilities can provide stable and recurring revenue. These contracts often involve long-term partnerships and can contribute to a consistent revenue stream, with potential contract values ranging from $5 million to $20 million per project.

What Are ASAZY's Competitive Advantages?

• Global brand recognition with brands like ASSA ABLOY, Yale, and HID.
• Extensive product portfolio covering a wide range of security solutions.
• Strong distribution network with access to various markets.
• Technological innovation in digital and electromechanical security solutions.

What Does ASAZY Do?

ASSA ABLOY AB (publ), founded in 1954 and headquartered in Stockholm, Sweden, has evolved into a global leader in door opening solutions and access management systems. The company's journey began with a focus on mechanical locks and has expanded to encompass a comprehensive suite of products, solutions, and services for institutional, commercial, and residential markets. ASSA ABLOY operates across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. Its diverse product portfolio includes mechanical and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, access control devices, and fire doors. The company also offers identity solutions, such as identity and access management, biometrics, and brand protection products. Furthermore, ASSA ABLOY provides entrance automation products, including automatic doors, industrial doors, and gate automation systems. Key brands include ASSA ABLOY, Yale, and HID, sold through distributors, wholesalers, and home improvement stores.

What Products and Services Does ASAZY Offer?

• Provides mechanical and electromechanical locks.
• Offers digital door locks and access control devices.
• Manufactures security doors, door frames, and fire doors.
• Provides identity solutions, including access management and biometrics.
• Offers entrance automation products, such as automatic doors and gates.
• Supplies hardware products and components for door systems.
• Provides secure access solutions for hotels, cruise ships, and healthcare facilities.

How Does ASAZY Make Money?

• Manufacturing and selling mechanical, electromechanical, and digital locks and security solutions.
• Providing access control systems and identity management solutions.
• Offering entrance automation products and services.
• Generating revenue through direct sales, distributors, wholesalers, and home improvement stores.

What Industry Does ASAZY Operate In?

ASSA ABLOY operates in the security and protection services industry, which is experiencing growth driven by increasing security concerns and technological advancements. The market is competitive, with players like Allegion and dormakaba vying for market share. The industry is also influenced by trends such as the adoption of smart home technologies and the integration of access control systems with IoT devices. ASSA ABLOY's global presence and diverse product portfolio position it well to capitalize on these trends.

Who Are ASAZY's Key Customers?

• Institutional customers, including government and state institutions.
• Commercial customers, such as businesses and organizations.
• Residential customers seeking security solutions for their homes.
• Healthcare, education, and financial industries requiring secure access solutions.

Company Profile

ASSA ABLOY AB (publ) operates in the Security & Protection Services industry within the Industrials sector. It is headquartered in Stockholm, SE. The company is led by CEO Nico Delvaux. ASAZY has traded publicly since 2010.

Return on equity for ASSA ABLOY AB (publ) stands at 15.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 7.2%, showing how much profit it generates from its asset base. ASAZY trades at a trailing price-to-earnings ratio of 24.16, below the Industrials sector average of ~28x. Its free cash flow yield is 5.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.00 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.3%, the inverse of the P/E and a quick read on earnings relative to price.

ASAZY Valuation & Market Position

With a $41.5B market cap, ASSA ABLOY AB (publ) sits in the large-cap segment of the market. Relative to its peer group, ASAZY's quantitative score of 48/100 is roughly in line with the peer average of 56/100.

Quarterly Financial Performance: ASSA ABLOY AB (publ)

Revenue for ASSA ABLOY AB (publ) came in at $4.08B during Q2 FY2026, a 9.8% improvement versus the preceding quarter. The company recorded net income of $459.5M, with diluted EPS of $0.21. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Industrials. Across the four most recent quarters, ASAZY averaged $0.19 in diluted EPS.

ASSA ABLOY AB (publ)'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.05 places it in the safe zone, indicating low near-term bankruptcy risk.

ASSA ABLOY AB (publ) has missed Wall Street's EPS estimate in 5 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 158.5% above estimates on average.

ASAZY Financials

ASAZY Latest News

ASAZY Analyst Consensus

ASAZY MoonshotScore

Common Questions About ASAZY (Industrials)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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