A

Absolent Air Care Group AB
STO:ABSO

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Absolent Air Care Group AB
STO:ABSO
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Price: 196.5 SEK -0.25% Market Closed
Market Cap: kr2.2B

Gross Margin

42.8%
Current
Declining
by 0.5%
vs 3-y average of 43.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
42.8%
=
Gross Profit
kr544.9m
/
Revenue
kr1.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
42.8%
=
Gross Profit
kr544.9m
/
Revenue
kr1.3B

Peer Comparison

Country Company Market Cap Gross
Margin
SE
Absolent Air Care Group AB
STO:ABSO
2.2B SEK
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US
Fortune Brands Home & Security Inc
LSE:0IRN
740.7B USD
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IE
Trane Technologies PLC
NYSE:TT
102B USD
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IE
Johnson Controls International PLC
NYSE:JCI
87.9B USD
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US
Carrier Global Corp
NYSE:CARR
53.5B USD
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FR
Compagnie de Saint Gobain SA
PAR:SGO
42.8B EUR
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SE
Assa Abloy AB
STO:ASSA B
426.5B SEK
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JP
Daikin Industries Ltd
TSE:6367
5.8T JPY
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CH
Geberit AG
SIX:GEBN
21.2B CHF
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US
Lennox International Inc
NYSE:LII
19.8B USD
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IE
Kingspan Group PLC
ISEQ:KRX
15.2B EUR
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Market Distribution

In line with most companies in Sweden
Percentile
47th
Based on 1 864 companies
47th percentile
42.8%
Low
-855 316.7% — 30.8%
Typical Range
30.8% — 66%
High
66% — 113 764.6%
Distribution Statistics
Sweden
Min -855 316.7%
30th Percentile 30.8%
Median 44.8%
70th Percentile 66%
Max 113 764.6%

Absolent Air Care Group AB
Glance View

Market Cap
2.2B SEK
Industry
Building

Absolent Air Care Group AB engages in the development and manufacture of filtration technology for industrial process air. The company is headquartered in Lidkoeping, Vastra Gotalands and currently employs 473 full-time employees. The company went IPO on 2014-10-16. The firm develops solutions for cleaning process air in different industries. The Company’s air cleaning solutions aim to help production companies to provide clean air to their employees, reduce energy costs and support the productivity. Absolent Air Care operates production facilities in Sweden, the United Kingdom, Germany, Canada and Estonia. The Group has operations in Finland, France, Netherlands, Hong Kong, India, Japan, China, Norway, Switzerland, Sweden, Germany and USA. The firm operates through six market segments; machining, metal fumes, commercial kitchen ventilation, food processing, heavy industry and dust bulk handling.

ABSO Intrinsic Value
367.3 SEK
Undervaluation 47%
Intrinsic Value
Price
A
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
42.8%
=
Gross Profit
kr544.9m
/
Revenue
kr1.3B
What is Absolent Air Care Group AB's current Gross Margin?

The current Gross Margin for Absolent Air Care Group AB is 42.8%, which is below its 3-year median of 43.3%.

How has Gross Margin changed over time?

Over the last 3 years, Absolent Air Care Group AB’s Gross Margin has increased from 40.6% to 42.8%. During this period, it reached a low of 40.6% on Sep 30, 2022 and a high of 44.2% on Jun 30, 2024.

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