Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 424,108 - -
Change - -25.42% 15.76% -9.08% 51.59% 12.48% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 453,637 439,613 424,158
Change - -18.47% 13.12% -8.58% 41.81% 10.36% -3.09% -3.52%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 21.8x 17.7x 16.6x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.05x 3.38x 3x
PEG - -0.9x 0.5x -1x 1.3x 0.7x 0.8x 2.65x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 2.94x 2.65x 2.57x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.14x 2.75x 2.57x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 12.8x 11x 10.2x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 15.8x 13.6x 12.6x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 22.8x 18.7x 15.5x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 4.38% 5.36% 6.47%
Dividend per Share 2 4.75 5 5.5 5.75 6 6.738 7.959 8.593
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 1.99% 2.35% 2.54%
EPS 2 11.52 8.94 12.18 9.75 11.7 15.5 19.15 20.35
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 43.5% 41.6% 42.2%
Net sales 1 99,105 112,332 126,503 122,878 120,680 144,447 159,935 164,918
EBITDA 1 24,649 25,235 29,877 26,401 28,223 35,558 39,973 41,497
EBIT 1 18,116 21,020 23,300 21,635 21,502 28,704 32,280 33,795
Net income 1 14,470 12,854 15,300 12,243 14,690 19,462 23,719 25,201
Net Debt 1 26,902 43,952 43,475 41,115 33,970 29,529 15,505 50.44
Reference price 2 252.60 188.40 218.10 198.30 300.60 338.10 338.10 338.10
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.($)
21.81x3.14x12.76x1.99% 44B
5.52x - - 8.08% 3.68B
9.35x0.87x6x5.67% 3.15B
7.47x - - - 2.92B
20.93x - - 0.52% 532M
Average 13.01x 2.01x 9.38x 4.06% 10.86B
Weighted average by Cap. 19.20x 2.99x 12.31x 2.64%

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