AUTO.OL

Research by MICKE

Author: micke
  • 8.44 -10.21% (29/08/2025)
  • 11.00 +17.02% (17/08/2026)
  • HOLD (MONITOR)

AutoStore is a tech company within warehouse automation. They seem to have a very good system with good ROI for customers. Installations are done via integration partners and AutoStore has many large installations. The company is listed in Oslo but the majority owners are in the US. Valuation was very high at the IPO 2021, driven by high growth within e-commerce during Covid. The share seems reasonably priced at 9.1 NOK with good long term potential.

18/08/2025| Analyses:3
3
  • Valuation (1)
    • At the IPO in autumn 2021 the company was expanding rapidly supporting growing e-commerce customers. Since IPO e-commerce has struggled and Autostore’s share has been on a slope, and we saw a profit drop in 2025Q1 which had significant negative impact on share price finding a bottom below 5NOK. After that the share started to raise and a significant step up of ~30% when the 2025Q2 was released. Maybe the short term potential just got absorbed. It could be a good time to buy in to a company with very interesting potential.


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      18/08/2025 by MICKE
      1
  • Business (2)
    • Autostore makes systems for warehouse automation. Autostore works with partners for integration.

      Videos describing how it works:

      AutoStore | Site Visit | Elektroimportoren
      AutoStore | Site Visit | Davcor

      03/10/2024 by MICKE
      1
    • Reference customers are very positive, many Youtube videos. The system is energy efficient, scalable, dense, fast, good up-time, 2-3 years ROI. Reference customers calculate at 3 years but extra savings such as low energy consumption, low stock loss (e.g. damaged goods or theft) improve ROI. The system is very robust, if a robot should break the others keep on working. Relatively easy to learn for workers and good for ergonomics. The robots work 24/7 even if the staff are not, preparing orders to make picking efficient the next day.

      03/10/2024 by MICKE
      1