Epiroc Stock

Epiroc P/E 2024

Epiroc P/E

41.74

Ticker

EPI A.ST

ISIN

SE0011166933

WKN

A2JMS3

As of Dec 18, 2024, Epiroc's P/E ratio was 41.74, a 68.31% change from the 24.8 P/E ratio recorded in the previous year.

The Epiroc P/E history

Epiroc Aktienanalyse

What does Epiroc do?

Epiroc AB is a Swedish company that was formed in 2018 as a spin-off from the mining technology division of Atlas Copco. With headquarters in Stockholm and offices in over 150 countries, Epiroc is one of the world's leading providers of equipment and solutions for mining, construction, and other industrial applications. The company traces its history back to 1873 when Atlas Copco was founded as a Swedish manufacturer of air compressors. Over the decades, the company expanded and diversified its activities into various areas such as mining technology, construction equipment, power supply, and tools. In 2017, Atlas Copco decided to spin off its mining technology division and continue as an independent company under the name Epiroc. Epiroc focuses on technological progress and innovation, providing a wide range of solutions for mining, construction, and other industrial applications based on state-of-the-art technologies and products. The company aims to offer customers optimal productivity and profitability by providing them with innovative and effective solutions tailored to their specific requirements and challenges. Epiroc has three main divisions: Mining and Rock Excavation; Construction Tools; and Exploration Equipment. These divisions cover a wide range of products and solutions that meet the needs of the mining and construction industries. The Mining and Rock Excavation division includes equipment such as drilling rigs, mining machines, wheel loaders, crushers, and underground machines designed for mining and quarrying. The Construction Tools division focuses on construction equipment such as drilling equipment and hydraulic hammers used in areas such as tunnel construction, demolition, and construction work. The Exploration Equipment division includes equipment and instruments used for geological exploration and prospecting for mineral resources. Some of Epiroc's most well-known products include the Battery Electric Vehicle (BEV) for mining, which reduces environmental pollution from diesel fuels; the SmartROC D65 drill rig, which enables higher productivity and accuracy in drilling; and the COP M-series drill head, which is designed for longer life and higher drilling performance. In addition to its products, Epiroc also offers a wide range of services, including consulting, training, maintenance, and support, to ensure that its customers are always optimally supported. Epiroc places great importance on customer satisfaction and strives to provide excellent quality and service to gain and maintain customer satisfaction and loyalty. Overall, Epiroc is a dynamic and innovative company distinguished by its wide range of products and solutions, as well as its focus on customer satisfaction and technological progress. With its Mining and Rock Excavation, Construction Tools, and Exploration Equipment divisions, Epiroc aims to expand and consolidate its leadership position in the mining and construction industries. Epiroc AB is a Swedish company that specializes in providing equipment and solutions for mining, construction, and other industrial applications. It was formed in 2018 as a spin-off from the mining technology division of Atlas Copco. Epiroc is headquartered in Stockholm and has offices in over 150 countries. The company has a rich history dating back to 1873 when it was founded as a manufacturer of air compressors. Over the years, it has diversified its activities and expanded into various sectors such as mining technology, construction equipment, and power supply. Epiroc focuses on technological innovation and offers a wide range of advanced products and solutions to enhance productivity and profitability for its customers. The company has three main divisions: Mining and Rock Excavation, Construction Tools, and Exploration Equipment. These divisions cater to the specific needs of the mining and construction industries, offering a diverse range of equipment and tools. Some of Epiroc's notable products include the Battery Electric Vehicle (BEV) for mining, which reduces environmental impact by replacing diesel fuel with electric power, the SmartROC D65 drill rig, which provides improved productivity and accuracy, and the COP M-series drill head, which offers durability and superior drilling performance. Epiroc also offers comprehensive services such as consulting, training, and maintenance to ensure customer satisfaction. The company strives to deliver innovative solutions tailored to meet the unique requirements and challenges of its clients. With a focus on customer satisfaction and technical advancement, Epiroc aims to strengthen its position as a global leader in the mining and construction industries. Epiroc ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Epiroc's P/E Ratio

The Price to Earnings (P/E) Ratio of Epiroc is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Epiroc's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Epiroc is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Epiroc’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Epiroc stock

What is the price-to-earnings ratio of Epiroc?

The price-earnings ratio of Epiroc is currently 41.74.

How has the price-earnings ratio of Epiroc changed compared to last year?

The price-to-earnings ratio of Epiroc has increased by 68.31% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Epiroc high compared to other companies?

Yes, the price-to-earnings ratio of Epiroc is high compared to other companies.

How does an increase in the price-earnings ratio of Epiroc affect the company?

An increase in the price-earnings ratio of Epiroc would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Epiroc affect the company?

A decrease in the price-earnings ratio of Epiroc would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Epiroc?

Some factors that influence the price-earnings ratio of Epiroc are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Epiroc pay?

Over the past 12 months, Epiroc paid a dividend of 3.4 SEK . This corresponds to a dividend yield of about 1.67 %. For the coming 12 months, Epiroc is expected to pay a dividend of 3.83 SEK.

What is the dividend yield of Epiroc?

The current dividend yield of Epiroc is 1.67 %.

When does Epiroc pay dividends?

Epiroc pays a quarterly dividend. This is distributed in the months of June, November, June, November.

How secure is the dividend of Epiroc?

Epiroc paid dividends every year for the past 11 years.

What is the dividend of Epiroc?

For the upcoming 12 months, dividends amounting to 3.83 SEK are expected. This corresponds to a dividend yield of 1.88 %.

In which sector is Epiroc located?

Epiroc is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Epiroc kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Epiroc from 10/25/2024 amounting to 1.9 SEK, you needed to have the stock in your portfolio before the ex-date on 10/21/2024.

When did Epiroc pay the last dividend?

The last dividend was paid out on 10/25/2024.

What was the dividend of Epiroc in the year 2023?

In the year 2023, Epiroc distributed 3 SEK as dividends.

In which currency does Epiroc pay out the dividend?

The dividends of Epiroc are distributed in SEK.

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Andere Kennzahlen von Epiroc

Our stock analysis for Epiroc Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Epiroc Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.