ASSA ABLOY AB (publ) (ASAZF)
ASSA ABLOY AB (publ) operates in the Security & Protection Services industry of the Industrials sector, headquartered in Stockholm, AB, SE. The stock last traded at $37.30, down 4.97% on the session, giving a market capitalisation of $39.29B. On trailing twelve-month figures it carries a trailing P/E of 24.38, a net margin of 10.8%. Its beta of 0.84 implies it has historically moved less than the broad market.
ASSA ABLOY AB (publ), founded in 1954 and based in Stockholm, Sweden, is a global leader in providing comprehensive door security and access solutions. The company serves institutional, commercial, and residential markets across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. Their extensive product portfolio includes a wide array of physical and electronic door hardware, such as traditional and digital locking mechanisms, cylinders, door fittings, security doors, door frames, and advanced access control devices, along with fire doors and general hardware. Beyond physical access, ASSA ABLOY delivers sophisticated identity management solutions, featuring platforms for identity and access control, biometric systems, brand authenticity and protection products, contactless RFID tags and transponders, and government-issued identification. These offerings cater to various sectors including corporations, government agencies, healthcare, education, and financial institutions. They also provide specialized secure access services for the hospitality sector, including hotels, cruise ships, student accommodations, and elderly care facilities. Furthermore, the company is a significant provider of automated entrance systems and components. This category encompasses automatic swing, sliding, and revolving doors; industrial and garage doors; high-performance doors; docking solutions; hangar doors; gate automation products; components for overhead sectional doors and sensors; and high-security fencing and gates. ASSA ABLOY distributes its products primarily under its prominent brands: ASSA ABLOY, Yale, and HID. These goods are sold through a robust network comprising distributors, wholesalers, and retail channels, including home improvement stores.
ASSA ABLOY AB (publ) is most often compared with the following Industrials names: