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Alfa Laval ALFA.ST

Sweden Industrials
6.0/10
AI Analyst score
562.40 SEK
Last price at analysis date · analyst target 588.47 (+4.6%)
🛒 Where to buy ALFA.STPartner brokers · Sweden · sample 200.00 € orderSweden
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🟡 HOLD — Hold, with potential for re-rating if the order book in renewable energy translates into earnings growth.

Alfa Laval is a Swedish industrial engineering company that designs and sells equipment and solutions for heat transfer, separation, and fluid handling, serving sectors such as energy, food, water, and marine. Alfa Laval shows solid financial health (ND/EBITDA of 1.16) and high business quality (ROE of 19.06%), with a demanding valuation (P/E 28.36) that reflects its position in energy transition technologies, supported by record orders in SAF and carbon capture projects.

Financial health
6.9
Quality / Moat
6.2
Valuation
4.1
Growth
5.5
Dividend
6.2
Momentum
7.5
Risk & Context
7.3

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E28.36
Fwd P/E25.63
EV/EBITDA18.09
P/B5.12
P/S3.30
PEG1.77
Market cap232.45 B SEK
Enterprise value249.32 B SEK
🏰 Quality and moat
ROIC (approx.)17.1%
Gross margin36.31%
FCF conversion35%
Operating margin16.17%
📈 Profitability and margins
ROE19.06%
ROA7.50%
Net margin11.63%
FCF4.88 B SEK
FCF yield2.10%
🏦 Solvency and liquidity
Total debt20.99 B SEK
Net debt16.01 B SEK
Cash4.98 B SEK
EBITDA13.78 B SEK
Net debt / EBITDA1.16
D/E45.75
Current ratio1.12
Quick ratio0.68
🚀 Growth
Revenue growth7.70%
Earnings growth0.70%
EPS (TTM)19.83 SEK
EPS (Fwd)21.94 SEK
💰 Dividend and risk
Dividend yield1.60%
Payout45.4%
Beta0.78
Analyst consensusBuy (17)
Target price588.47 SEK
52-week range421.30 SEK – 592.20 SEK
⚠️ Main risk: The demanding valuation (P/E 28.36) leaves little room for disappointment in the execution of its energy transition project portfolio, which is key to its future growth.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Alfa Laval is a Swedish industrial engineering company that designs and sells equipment and solutions for heat transfer, separation, and fluid handling, serving sectors such as energy, food, water, and marine. Alfa Laval shows solid financial health (ND/EBITDA of 1.16) and high business quality (ROE of 19.06%), with a demanding valuation (P/E 28.36) that reflects its position in energy transition technologies, supported by record orders in SAF and carbon capture projects.

Score by category

CategoryScore
Financial health6.9
Quality / Moat6.2
Valuation4.1
Growth5.5
Dividend6.2
Momentum7.5
Risk & Context7.3

OVERALL SCORE: 6.0/10

Context and risks

Moderate governance risk in Sweden, although with solid institutions and minority shareholder protection. Exposure to energy transition projects (SAF, carbon capture) is subject to the evolution of subsidy policies and regulation, but no material specific regulatory or geopolitical risk is identified for this company.

News considered in the analysis

  • Alfa Laval (OM:ALFA) Lands Role In One Of Europe’s Biggest Carbon Capture Projects — Participación en un proyecto clave de captura de carbono, refuerza su posicionamiento en tecnologías de transición energética.
  • Alfa Laval to supply heat exchangers for Swedish BECCS facility — Suministro para una planta BECCS en Suecia, consolida su cartera de proyectos de bioenergía con captura de carbono.
  • KBR or ALFVY: Which Is the Better Value Stock Right Now? — Comparativa genérica de valor sin información nueva relevante.
  • Alfa Laval AB (ALFVF) Q2 2026 Earnings Call Highlights: Record Revenue and Robust Growth Across ... — Resultados del segundo trimestre con ingresos récord, confirman la fortaleza operativa y la demanda en sus mercados.
  • Alfa Laval Lands Record Order for Acelen's Brazil SAF Biorefinery — Pedido récord para una biorrefinería de combustible de aviación sostenible (SAF) en Brasil, impulsa su cartera de pedidos y su exposición a energías renovables.

Verdict: Hold, with potential for re-rating if the order book in renewable energy translates into earnings growth.

Main risk: The demanding valuation (P/E 28.36) leaves little room for disappointment in the execution of its energy transition project portfolio, which is key to its future growth.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.