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Swedish maker of vertical access equipment, including construction hoists and industrial elevators, used at building and industrial sites.
Swedish maker of vertical access equipment, including construction hoists and industrial elevators, used at building and industrial sites.
Sells new hoists, elevators and platforms, but service on its installed base, spare parts and rental fleets steady the business beyond the construction cycle. Customers range from construction companies to industrial and wind-energy operators using its elevators in tall structures such as turbine towers.
In one line: A vertical-access equipment maker like a smaller Terex (aerial work platforms).
Moat: narrow (process know-how, installed base). Niche engineering expertise in vertical access equipment and service relationships, in a moderately competitive market.
Headquarters: Skelleftea, Sweden · Founded: 1948 · Employees: 3,059
Size Alimak (ALIG.ST) is a Sweden Industrials company (Trucks/Construction/Farm Machinery) with a market value of $1.31B, the 117th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 119.80 on 6 Nov 2026.
Performance Over six months the shares gained 12.6%, against -17.8% for the median peer and +8.2% for the Sweden market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue fell 1.5% over the last twelve months (peer median +10.0%); the operating margin is 14.7% (peer median 6.8%).
Valuation It trades at 16.6× forward earnings against a peer median of 18.9× (6th cheapest of 13).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.2 points below its cost of capital (8.2% WACC).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 6.89B | SEK 6.87B | SEK 7.10B | SEK 7.10B | SEK 4.51B |
| Revenue growth | — | -3% | 0% | +57% | — |
| Gross profit | SEK 2.83B | SEK 2.57B | SEK 2.60B | SEK 2.57B | SEK 1.50B |
| EBITDA | SEK 1.41B | SEK 1.37B | SEK 1.47B | SEK 1.34B | SEK 838M |
| Net income | SEK 567M | SEK 604M | SEK 623M | SEK 515M | SEK 376M |
| Free cash flow | SEK 670M | SEK 653M | SEK 1.03B | SEK 882M | SEK 426M |
| Capital expenditure | SEK 164M | SEK 185M | SEK 126M | SEK 191M | SEK 77.0M |
| Total debt | SEK 4.43B | SEK 3.57B | SEK 3.74B | SEK 3.88B | SEK 6.98B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Alimak ALIG.ST | $1.31B | +13% | -2% | 15% | 16.6× | 8.5% |
| Terex TEX | $6.18B | -14% | +40% | 7% | 9.9× | 12.1% |
| Manitowoc MTW | $808M | -3% | +9% | 3% | 16.2× | 11.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ALIG.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | -3.2% | 6th highest of 21 |
| 6-month return | +12.6% | -17.8% | 3rd highest of 21 |
| Distance from 52-week high | -20.6% | -40.1% | 7th highest of 21 |
| Revenue growth (TTM) | -1.5% | +10.0% | 3rd lowest of 21 |
| Operating margin | 14.7% | 6.8% | 4th highest of 21 |
| Forward P/E | 16.6× | 18.9× | 6th cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | 8.5% | 12.9% | 7th least demanding of 16 |
| Growth delivered (Del g) | +12.9% | +10.6% | 8th highest of 16 |
| Hurdle (Req g minus delivered) | -4.5 pp | -6.3 pp | 8th most demanding of 16 |
| ROIC minus cost of capital | -1.2 pp | +0.5 pp | 9th lowest of 21 |
| EV / EBITDA | 11.7× | 10.8× | 4th most expensive of 9 |
| Net debt / EBITDA | 2.6× | -0.2× | 3rd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Alimak ALIG.ST | Sweden | $1.31B | +13% | -2% | 15% | 16.6× | 8.5% | +12.9% |
| Ingersoll-Rand (India) INGERRAND.NS | India | $1.33B | -13% | +8% | 23% | 41.2× | 34.1% | +17.6% |
| Greenbrier Companies GBX | United States | $1.29B | -18% | -24% | 4% | 13.0× | n/a | n/a |
| KTK 603680.SS | China | $1.28B | -24% | -16% | 17% | n/a | -6.0% | +2.3% |
| Austal ASB.AX | Australia | $1.23B | 0% | +11% | -7% | 18.1× | n/a | n/a |
| Hengbo 301225.SZ | China | $1.41B | -11% | +69% | 7% | 85.7× | n/a | n/a |
| Asian Star Anchor Chain 601890.SS | China | $1.22B | -23% | +2% | 13% | 19.6× | 10.7% | +13.5% |
| Xinjiang Machinery Research Institute 300159.SZ | China | $1.21B | -28% | +28% | -40% | n/a | n/a | n/a |
| Comer Industries COM.MI | Italy | $1.43B | -18% | +31% | 10% | 13.5× | 3.1% | +17.7% |
| Weichai Heavy Machinery 000880.SZ | China | $1.44B | -33% | +58% | 2% | n/a | 6.8% | +13.1% |
| Chengdu Yunda Technology 300440.SZ | China | $1.17B | -1% | +9% | 6% | n/a | 42.0% | +8.7% |
| Chengdu Leejun Industrial 002651.SZ | China | $1.17B | -20% | +7% | -6% | n/a | 15.0% | -2.3% |
| Action Construction Equipment ACE.NS | India | $1.47B | +29% | +5% | 15% | 29.0× | 29.6% | +21.7% |
| OMH SCIENCE 300486.SZ | China | $1.17B | -30% | +35% | 2% | n/a | 47.7% | -0.3% |
| Hanwha Engine 082740.KS | South Korea | $1.50B | -72% | +3% | 12% | 10.9× | -0.3% | +10.6% |
| Bestway Marine & Energy Technology 300008.SZ | China | $1.51B | -29% | +1% | 8% | 30.6× | 14.5% | +54.0% |
| Swan Defence and Heavy Industries SWANDEF.NS | India | $1.54B | +48% | +642% | -109% | n/a | 57.1% | +113.9% |
| Yamabiko 6250.T | Japan | $1.11B | +8% | +10% | 13% | 9.9× | -2.2% | +5.7% |
| Taiyuan Heavy Industry 600169.SS | China | $1.10B | -8% | +10% | 6% | n/a | -3.8% | +3.7% |
| Lonking 3339.HK | Hong Kong | $1.57B | -14% | +22% | 12% | 7.0× | n/a | n/a |
| Vossloh Aktiengesellschaft VOS.DE | Germany | $1.08B | -31% | +21% | 5% | 21.7× | 12.9% | +9.1% |