Alfa Laval stock: Its price-to-earnings ratio of 28.12 trails Atlas Copco at 35.31

Published on 10/21/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached SEK 18.12 billion versus SEK 16.82 billion. Alfa Laval stock costs EUR 50.26 on October 21, 2026 at 5:34 p.m. CEST.

Valuation and reporting date

Alfa Laval's price-to-earnings ratio is 28.12 times, below Atlas Copco's 35.31 times on October 21, 2026.
Second-quarter revenue reached SEK 18.12 billion versus SEK 16.82 billion in the year-earlier quarter.
Alfa Laval stock costs EUR 50.26 at Lang & Schwarz on October 21, 2026 at 5:34 p.m. CEST.
Alfa Laval is scheduled to publish third-quarter results on October 27, 2026.

Schwarzweiß-Reportagefoto von Arbeitern bei der Montage von Zentrifugalseparatoren — Alfa Laval AB (SE0000695876) steht für Separatoren-Fertigung, dokumentiert in dieser dramatischen Schwarzweiß-Werksreportage heute, Illustration mit AI erstellt.

Alfa Laval's price-to-earnings ratio stood at 28.12 times on October 21, 2026, below Atlas Copco's 35.31 times and ahead of the group's third-quarter report. The comparison gives investors a clearer valuation frame than the stock's euro quotation alone. According to MarketScreener on October 13, 2026, Citigroup had raised its target to SEK 588 from SEK 575 while retaining a neutral rating. At Lang & Schwarz, the stock was trading at EUR 50.26 on October 21, 2026 at 5:34 p.m. CEST, after the Xetra close.

Second-quarter revenue reached SEK 18.12 billion

Alfa Laval delivered revenue of SEK 18.12 billion in the second quarter of 2026, compared with SEK 16.82 billion in the second quarter of 2025. The increase was 7.72 percent when calculated from the reported revenue figures. Operating income reached SEK 2.93 billion in the second quarter, while net income was SEK 2.03 billion.

The earnings profile matters because Alfa Laval's product mix spans heat transfer, separation and fluid handling. The company operates across Energy, Food and Water, and Marine, leaving the next report to show whether demand held up after the second quarter. The second-quarter earnings call cited products and services delivered of SEK 18.10 billion and adjusted earnings per share of SEK 4.91, according to Yahoo Finance.

Price position remains below the yearly high

The last Nasdaq Stockholm quote stood at SEK 557.60 on October 21, 2026 at 5:29 p.m. CEST. That was 6.35 percent below the 52-week high of SEK 595.40 and 30.77 percent above the 52-week low of SEK 426.40. Trading volume was 420,525 shares, while the market capitalization was SEK 230.5 billion.

Results date sets the next checkpoint

Alfa Laval lists October 27, 2026 as the date for its third-quarter report. The company also schedules its Capital Markets Day for November 18, 2026. The second date is later, but the quarterly report is the nearer test of revenue, earnings and demand.

Comparison with peers

Alfa Laval: price-to-earnings ratio 28.12 times, market capitalization SEK 230.5 billion.

Atlas Copco (Nasdaq Stockholm, SEK): price-to-earnings ratio 35.31 times, market capitalization SEK 823.8 billion.

SKF (Nasdaq Stockholm, SEK): price-to-earnings ratio 27.30 times, market capitalization SEK 122.7 billion.

Euro quotation after the Xetra close

Alfa Laval's valuation sits between the two Swedish machinery peers, with a lower multiple than Atlas Copco and a slightly higher multiple than SKF. The euro quotation remains a separate German trading perspective, while Nasdaq Stockholm supplies the home-market context.

The further course of trading is shown by the continuously updated real-time quote of Alfa Laval stock.