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Epiroc AB (DE:3AD)
FRANKFURT:3AD

Epiroc AB (3AD) Price & Analysis

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3AD Stock Chart & Stats

€18.70
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Market closed
€18.70
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Bulls Say, Bears Say

Bulls Say
Aftermarket Recurring Revenue MixA 64% aftermarket revenue share delivers recurring, less cyclical cash flows tied to an installed base. This supports margin stability, predictable spare-parts and service demand, and long-term revenue visibility that cushions equipment cyclical swings and enhances lifetime customer economics.
Improved Operating MarginsSustained margin improvement to ~20% reflects efficiency measures, better factory absorption and cost discipline. Higher structural margins increase cash generation capacity and ROCE, giving the company more headroom to invest in R&D, service network expansion and sustain returns through downturns.
Durable Order MomentumConsistent organic order growth, including a 30% rise in equipment orders and nine consecutive quarters of growth, signals a strong demand pipeline. This backlog supports multi‑quarter revenue visibility, aftermarket expansion and levered margin improvement as equipment is delivered and serviced.
Bears Say
Rising Inventories And Working CapitalA SEK 4.6bn inventory increase ties up cash and weakens free cash flow conversion. Elevated working capital raises financing needs, amplifies sensitivity to demand slowdowns and can pressure margins through obsolescence or discounting if equipment deliveries or end‑market activity soften.
Higher Debt Versus Prior YearsAlthough leverage remains moderate, the rise in debt versus earlier years reduces financial flexibility. Higher absolute debt increases interest and refinancing risk, limits capacity for opportunistic M&A or buybacks, and makes the firm more vulnerable to cyclical revenue or margin shocks.
Negative Mix And Service VolatilityA shift toward higher‑margin equipment invoicing changes product mix and can depress group profitability versus a service‑heavy mix. Coupled with uneven mid‑life rebuild timing and service order variability, this raises quarter‑to‑quarter earnings volatility and operational ramp risks.

3AD FAQ

What was Epiroc AB’s price range in the past 12 months?
Epiroc AB lowest stock price was €16.70 and its highest was €25.40 in the past 12 months.
    What is Epiroc AB’s market cap?
    Epiroc AB’s market cap is €24.93B.
      When is Epiroc AB’s upcoming earnings report date?
      Epiroc AB’s upcoming earnings report date is Oct 28, 2026 which is in 90 days.
        How were Epiroc AB’s earnings last quarter?
        Epiroc AB released its earnings results on Jul 17, 2026. The company reported €0.184 earnings per share for the quarter, missing the consensus estimate of €0.189 by -€0.005.
          Is Epiroc AB overvalued?
          According to Wall Street analysts Epiroc AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Epiroc AB pay dividends?
            Epiroc AB does not currently pay dividends.
            What is Epiroc AB’s EPS estimate?
            Epiroc AB’s EPS estimate is 0.2.
              How many shares outstanding does Epiroc AB have?
              Epiroc AB has 823,766,000 shares outstanding.
                What happened to Epiroc AB’s price movement after its last earnings report?
                Epiroc AB reported an EPS of €0.184 in its last earnings report, missing expectations of €0.189. Following the earnings report the stock price went down -1.786%.
                  Which hedge fund is a major shareholder of Epiroc AB?
                  Currently, no hedge funds are holding shares in DE:3AD
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Epiroc AB Stock Smart Score

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                    Company Description

                    Epiroc AB

                    Epiroc AB, a publicly listed entity, stands as a prominent global provider of equipment and innovative solutions for both surface and underground operations. Its extensive presence spans regions including North and South America, Europe, Africa, the Middle East, Asia, and Australia, including India. The company's business activities are strategically divided into two primary segments: Equipment & Service, and Tools & Attachments. The Equipment & Service division is responsible for delivering advanced machinery and integrated systems crucial for tasks such as rock drilling, excavation, reinforcement, material loading and transportation, and ventilation. It also supplies specialized drilling rigs designed for exploration, water, and energy applications. Supporting the mining and infrastructure sectors, this segment offers essential spare parts and comprehensive service programs. Furthermore, it champions cutting-edge solutions in automation, digitalization, and electrification. The Tools & Attachments division focuses on supplying vital consumables for rock drilling, such as drill bits and rods, alongside specialized tools for exploration and ground reinforcement. It also provides robust ground-engaging implements like cast lips, teeth, and protective shrouds, coupled with digital solutions tailored specifically for the mining sector. Additionally, a broad spectrum of hydraulic attachments is offered, encompassing breakers, shears, pulverizers, concrete cutting and demolition tools, drum cutters, excavator grapples and magnets, hydraulic compactors, crushing and screening buckets, auger drive units, and various couplers and thumbs. Beyond its core product lines, Epiroc delivers extensive aftermarket support, featuring sustainable circular services, innovative digital tools designed to boost productivity across diverse technologies, equipment mid-life refurbishments, transitions from diesel to battery power, and the reconditioning of critical components. Established in 1873, the company maintains its headquarters in Nacka, Sweden.

                    Epiroc AB (3AD) Earnings & Revenues

                    3AD Company Deck

                    3AD Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented multiple strong operational and financial positives: double-digit organic revenue and order growth, a 30% rise in equipment orders, improved adjusted operating margin above 20%, stronger operating cash flow, and a reduced net debt position. These gains were supported by efficiency measures and robust aftermarket resilience. Headwinds and risks remain — notably inventory build-up, FX volatility, mix pressure from higher equipment sales, and some quarter-to-quarter variability in service (mid-life rebuilds) — but management has mitigations in place and sees a healthy pipeline, particularly in mining and exploration. On balance, the positive operational momentum and financial improvements outweigh the challenges.View all DE:3AD earnings summaries
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