Atlas Copco: World Class Industrial Company Based In Sweden

Sep. 28, 2022 6:44 PM ETAtlas Copco AB (ATLKY)ATLCY, ATLFF, ATLPF4 Comments
C Jessen profile picture
C Jessen
1.96K Followers

Summary

  • Atlas Copco is a leader within its industrial segments, consistently churning out a strong financial performance.
  • A significant build up in inventory while currently an advantage may prove a disadvantage in a scenario where the global economy takes a turn for the worse.
  • Having come down substantially but still with a P/E of 20, also on a forward basis with a P/B above 6, Atlas Copco isn't cheap.
  • Current consensus estimates are for an expansion in revenue and bottom-line for the coming years, I'd await the coming quarters while the global macro picture develops as there is no margin of safety to be had today in my opinion.

Electric motor of a powerful industrial gas compressor

Nordroden

Introduction

I’m a Scandinavian based main street investor and therefore have a natural interest for my own part of the world. Those following me, will also know that I’ve published what I call the “Scandinavian Shopping List

Headline Financials FY2021

Atlas Copco Investor

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USD to SEK Chart

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Group Total Q2-2022

Atlas Copco Investor

Balance Sheet Q2-2022

Atlas Copco Investor

Cash Flow Q2-2022

Atlas Copco Investor

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Data by YCharts

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Data by YCharts

This article was written by

C Jessen profile picture
1.96K Followers
Early 30s 'buy and hold' investor trying to achieve financial freedom to the greatest extent possible. Main focus within dividend growth investing & value. I've been investing for 10+ years and worked across several industries including finance, logistics, oil and pharma. Holding a Graduate Diploma within Accounting and MSc within Business Administration & Supply Chain Management.I cover companies matching my focus as well as portfolio strategy

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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