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Epiroc AB

STO: EPI-A.ST

Stock price

251.9 SEK

(+23.63%) 5 years

Agricultural - Machinery

Financial Performance

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5Y price score: 36

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The price score is a basic measure of the stock's performance
against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index,
while a score above 100 means it outperformed the S&P 500.

10Y return: 203.7%

DATE RANGE:

SEK Per
Share

  • Earnings per share

  • Free cash flow per share

  • Stock price

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186.0

52-week range

274.5

251.9

Your model inputs

Required return / cost of capital
FCFF terminal growth rate

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per share

2.9 %

Dividend Yield TTM

1.5 %

Market cap

304,544.8

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per share

35.4

Price / Book TTM

7.2

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rate

(19.7)

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

39.7 %

31.7 %

203.7 %

Free cash flow per share growth

4.4 %

22.2 %

74 %

Earnings per share growth

(1.8) %

58.7 %

141 %

Founded: 2,018

Employees: 19,042

Business Summary: Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in Sweden. It operates through Equipment & Service and Tools & Attachments segments. The Equipment & Service segment provides equipment and solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, exploration drilling, and ventilation systems, as well as drilling equipment for water and energy; and related spare parts, services, and solutions. This segment also provides solutions for automation, digitalization, and electrification. The Tools & Attachments segment offers rock drilling tools and hydraulic attachments that are used primarily for drilling, deconstruction, recycling, and rock excavation. The company was founded in 1873 and is headquartered in Nacka, Sweden.

Financials

all figures in SEK Millions except per share data

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Forecast:

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Averages

based on historical growth rates (CAGR) and average margins for last 10 or max, available and up to 10 years.

Analysts

Average Revenue and Net Income forecast estimates from analysts who cover the stock.

Custom

you can edit default forecast based on averages or analysts consensus and use it to calculate fair value based on your assumptions.

Actual
10 year gagr
Estimated
Projected
Fiscal
FISCAL PERIOD END DATES
01Earnings per share
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Diluted EPS
02FCF per share
03Dividends per share
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Adjusted for splits
04Dividends payout, %
05Revenue
06ㅤ% Change
07Net Income
08ㅤ% Margin
09CFO
10ㅤ% Of revenue
11CAPEX
12ㅤ% Change
13FCFF
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Free Cash Flow to the Firm = Cash Flows from Operating Activities (09) – Capital Expenditures (11)
14Total assets
15ㅤ% Change
16Total liabilities
17ㅤ% Of assets
18Shareholders Equity
19Net Debt
20Shares Outstanding
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Diluted Weighted-average Shares Outstanding
21ㅤ% Change
22ROA
23ROE
24Interest coverage
25Dividend Yield
26P/E Ratio
27Stock price range
28Market Cap
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End of Period Market Cap
29FCF Yield
30Average stock price
31 CEO
Fair Value Reference Estimate

  • Increase

  • Decrease

  • Total

Required return / cost of capital
FCFF terminal growth rate
Free cash flow forecast
Terminal value
ㅤPV breakdown
Enterprise value / PV of FCF
ㅤPlus / (Less): Net Debt
ㅤLess: preferred stock
ㅤLess: minority interest
Market cap
ㅤNumber of shares
Price per share

Latest Earnings Call Takeaways

2025 Q4 (Jan 26, 2026)

1) Strategy & Leadership - Epiroc's CEO, Helena Hedblom, highlighted a strong focus on automation, electrification, and digitalization to enhance safety and productivity. - The company completed significant projects, including the conversion of the Roy Hill mine to driverless operations, marking a milestone in autonomous mining. - Epiroc aims to capture growth in mining, particularly in gold and copper, with 79% of orders coming from mining sectors. - The company is positioning for growth in attachments after a period of destocking among distributors.

2) Financial & Segment Results - Orders grew organically by 7% to SEK 63 billion in 2025, while revenues increased by 2% to SEK 62 billion. - In Q4, orders received grew organically by 11%, with equipment orders up 22%, but total orders declined 1% due to currency effects. - The adjusted operating margin for 2025 was 19.6%, slightly down from 19.8% in 2024, impacted by tariffs and product mix. - The Tools & Attachment segment saw a 65% increase in operating profit to SEK 537 million, with a margin of 14.9%.

Metric Q4 2025 Q4 2024 Change
Orders Received (SEK bn) 16.1 16.3 -1%
Revenues (SEK bn) 16.1 17.3 -7%
Adjusted Operating Margin 19.6% 19.7% -0.1 pp
EBIT (SEK bn) 3.2 3.1 +3%

3) Problems / Headwinds - Currency fluctuations negatively impacted orders and revenues, with an estimated 11% decline in revenue due to currency effects. - Tariffs continued to exert pressure on margins, contributing nearly 0.5 percentage points to the decline in operating margin. - The nickel market remains a challenge, with many customers still operating under care and maintenance due to depressed prices.

4) Operational or Product Plans - Epiroc is investing in efficiency improvements and consolidating customer centers and production sites to enhance operational resilience. - The company aims to increase its customer share, which currently sits above 50%, by optimizing pricing and service offerings. - Innovations in electrification, such as the SEK 2.2 billion contract for autonomous electric rigs, are expected to drive future growth.

5) Guidance & Outlook / Investor Angle - Epiroc anticipates continued high demand in mining, particularly for gold and copper, while construction demand is expected to improve from low levels. - The company plans to increase M&A activity in 2026, focusing on bolt-on acquisitions close to its core business. - The Board proposed a stable dividend of SEK 3.80 per share, aligning with its policy of maintaining or increasing dividends.

Bottom line: Epiroc's robust order growth and strategic focus on automation and electrification position it well for future growth, despite facing currency and tariff headwinds. Investors can expect continued demand in mining and a stable dividend, making Epiroc a solid investment in the sector.

Epiroc AB — Financial Overview, Stock Price, Market Cap

Epiroc AB is a company. Founded in 2018. As of April 13, 2026, the company's market capitalization is $304544829122 with a current stock price of $251.90.