Update On Assa Abloy: Current 'Buy' With Limited Upside

Summary

  • Assa Abloy is a superb, fundamentally sound company with great operations and a solid portfolio.
  • The company is rarely, if ever, undervalued. Valuation still isn't "good" today - but for Assa Abloy, this could be good enough.
  • At these valuations, I view Assa Abloy as a "BUY" - but it does come with a plethora of considerations you need to be aware of before buying.
  • I do much more than just articles at iREIT on Alpha: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

ASSA ABLOY Canada head office in Vaughan, Ontario, Canada.

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Dear readers/followers,

It's time to revisit Assa Abloy (OTCPK:ASAZY) and see why this company could, provided that some of the upside materializes, be a good "BUY" for the long term. Assa Abloy isn't a high yielder, nor a high dividend grower, but it's a

The company discussed in this article is only one potential investment in the sector. Members of iREIT on Alpha get access to investment ideas with upsides that I view as significantly higher/better than this one. Consider subscribing and learning more here.

This article was written by

34.23K Followers

Wolf Report is a senior analyst and private portfolio manager with over 10 years of generating value ideas in European and North American markets.

He is a contributing author and analyst for the investing group iREIT®+HOYA Capital and Wide Moat Research LLC where in addition to the U.S. market, he covers the markets of Scandinavia, Germany, France, UK, Italy, Spain, Portugal and Eastern Europe in search of reasonably valued stock ideas.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of ASAZF, EADSY, ADDYY either through stock ownership, options, or other derivatives. 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.

While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these.

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