Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 490,339 - -
Change - -25.42% 15.76% -9.08% 51.59% 30.04% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 516,843 506,143 491,667
Change - -18.47% 13.12% -8.58% 41.81% 25.74% -2.07% -2.86%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 23.8x 20.8x 19.6x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.53x 3.96x 3.52x
PEG - -0.9x 0.5x -1x 1.3x 0.6x 1.5x 3.17x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.46x 3.11x 3.01x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.65x 3.21x 3.02x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 14.3x 12.9x 12.1x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 18.2x 16x 14.9x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 26x 21.5x 17.9x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.85% 4.66% 5.58%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.293 7.902 8.51
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 1.87% 2.02% 2.18%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.44 18.76 19.92
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.4% 42.1% 42.7%
Net sales 1 99,105 112,332 126,503 122,878 120,680 141,632 157,913 162,656
EBITDA 1 24,649 25,235 29,877 26,401 28,223 36,119 39,311 40,780
EBIT 1 18,116 21,020 23,300 21,635 21,502 28,345 31,626 33,093
Net income 1 14,470 12,854 15,300 12,243 14,690 20,626 23,221 24,674
Net Debt 1 26,902 43,952 43,475 41,115 33,970 26,504 15,803 1,328
Reference price 2 252.60 188.40 218.10 198.30 300.60 390.90 390.90 390.90
Nbr of stocks (in thousands) 1,254,386 1,254,386 1,254,386 1,254,386 1,254,386 1,254,386 - -
Announcement Date 1/20/22 1/20/23 1/25/24 1/23/25 1/27/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.63x3.62x14.19x1.88% 50.51B
5.33x - - 8.36% 3.56B
8.05x0.78x5.38x6.78% 2.85B
7.27x - - - 2.83B
22.37x - - 0.48% 567M
Average 13.33x 2.20x 9.79x 4.37% 12.06B
Weighted average by Cap. 21.04x 3.47x 13.72x 2.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SAND Stock
  4. Valuation Sandvik AB