Atlas Copco AB Supplies Many Special Power Tools
The Industrials Sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.
Today I'm reviewing a Large Cap Swedish-based Diversified Industrials firm engaged in the manufacture and distribution of specialized compressors, power tools and vacuum pumps worldwide.
The company's name is Atlas Copco AB. It's trading ticker symbol is ATLCY.
Atlas Copco AB manufactures and sells air compressors. The company is one of the leading air compressor manufacturers offering power tools and vacuum pumps, used by its very diverse worldwide customer base.
Atlas Copco AB provides industrial assembly solutions under the SCA, Henrob, and Atlas Copco brand names.
The company was founded in 1873 and is headquartered in Nacka, Sweden.
I use three key data points gauge the value of any dividend equity or fund like Atlas Copco AB:
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest. In April I reported on ATLKY the other stock offering by this company
Either way, it's the first three primary traits that best tell whether a company has made, is making, and will make money.
ATLCY Price
Atlas Copco's price was $36.08 per share at yesterday's market close. A year ago its price was $33.25 for a gain of $2.73 per share in the past year.
Assuming ATLCY's price will trade in the range of $30.00 to $42.00 next year, its price could grow another $2.73 from $36.08 to $38.41 by early May 2019.
ATLCY Dividends
Atlas Copco's most recent variable semi-annual dividend was $0.87 per share declared in April and payable tomorrow, May 9th. A $1.27 total annual dividend for 2018 yields 3.52% at yesterday's $36.08 stock price.
Gains For ATLCY?
The $2.73 estimated year over year price gain plus an anticipated dividend of $1.27 makes a projected gross annual gain of $4.00 per share, which will be reduced by costs to trade those shares.
$1,000.00 invested today at the $36.08 price buys 28 shares.
A $10 broker fee paid half at purchase and half at sale subtracts about $0.36 per share
Taking that $0.36 brokerage cost out of the estimated $4.00 gross gain per share leaves a net gain of $3.64 X 28 shares
= $101.92
or a 10% potential net gain on a $1,010.24 investment.
Therefore, Atlas Copco AB (whose ticker symbol is ATLCY), now shows a possible 10% net gain including a 3.5% dividend yield.
No analysts cover this stock. Also, Y Charts has not yet rated it for an overall "Y" rating and shows "insufficient data for a Value score. Y Charts, however, ranks Atlas Copco "strong" in fundamentals at 10 for 10, and 3.58% under a $37.41 historical multiple valuation.
Those forward-looking numbers were conjecture based on past year performance. Actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if Atlas Copco AB is worth your time and money.