Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 486,576 - -
Change - -25.42% 15.76% -9.08% 51.59% 29.04% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 512,669 502,009 488,896
Change - -18.47% 13.12% -8.58% 41.81% 24.73% -2.08% -2.61%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 23.6x 20.7x 19.4x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.5x 3.93x 3.5x
PEG - -0.9x 0.5x -1x 1.3x 0.6x 1.5x 3.06x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.43x 3.08x 2.99x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.62x 3.18x 3x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 14.2x 12.8x 12x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 18.1x 15.9x 14.8x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 26.5x 21.9x 18.5x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.77% 4.56% 5.41%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.312 7.918 8.538
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 1.88% 2.04% 2.2%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.46 18.76 19.94
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.4% 42.2% 42.8%
Net sales 1 99,105 112,332 126,503 122,878 120,680 141,759 157,954 162,849
EBITDA 1 24,649 25,235 29,877 26,401 28,223 36,168 39,275 40,800
EBIT 1 18,116 21,020 23,300 21,635 21,502 28,365 31,617 33,129
Net income 1 14,470 12,854 15,300 12,243 14,690 20,654 23,214 24,701
Net Debt 1 26,902 43,952 43,475 41,115 33,970 26,092 15,432 2,320
Reference price 2 252.60 188.40 218.10 198.30 300.60 387.90 387.90 387.90
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.($)
23.57x3.62x14.17x1.88% 50.32B
5.5x - - 8.11% 3.67B
8.54x0.82x5.65x6.39% 3.02B
7.39x - - - 2.88B
23.46x - - 0.46% 594M
Average 13.69x 2.22x 9.91x 4.21% 12.1B
Weighted average by Cap. 20.95x 3.46x 13.69x 2.5%

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