Professional
Added to YB: 2026-03-20
Pitch date: 2026-01-27
ASSA-B.ST [neutral]
ASSA ABLOY AB (publ)
-11.05%
current return
Author Info
No bio for this author
Company Info
ASSA ABLOY AB (publ) provides door opening and access products for the institutional, commercial, and residential markets.
Market Cap
SEK 382.4B
Pitch Price
SEK 361.90
Price Target
N/A
Dividend
1.86%
EV/EBITDA
15.10
P/E
26.01
EV/Sales
2.93
Sector
Building Products
Category
growth
Latitude Global Fund Portfolio Holding: ASSA ABLOY AB
ASSA-B.ST (holding update): Global leader in locks & entrance systems w/ limited cyclicality (replacement/aftermarket driven). 2023 HHI acquisition + electromechanical lock rollout + datacenter security systems w/ recurring rev = 13% annual fundamental value growth. Executes 20-30 bolt-on M&As/yr. Bought at 14x PE during April tariff sell-off (-20%), up 42% since.
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