Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 488,960 - -
Change - -25.42% 15.76% -9.08% 51.59% 29.67% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 513,973 504,110 491,056
Change - -18.47% 13.12% -8.58% 41.81% 25.04% -1.92% -2.59%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 24.3x 21.3x 19.7x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.55x 4x 3.57x
PEG - -0.9x 0.5x -1x 1.3x 0.7x 1.5x 2.54x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.49x 3.15x 3.05x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.67x 3.25x 3.06x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 14.5x 13.1x 12.1x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 18.5x 16.3x 14.9x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 26.8x 22.3x 18.8x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.74% 4.49% 5.31%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.188 7.766 8.418
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 1.84% 1.99% 2.16%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.07 18.32 19.74
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.7% 42.4% 42.6%
Net sales 1 99,105 112,332 126,503 122,878 120,680 139,991 155,253 160,238
EBITDA 1 24,649 25,235 29,877 26,401 28,223 35,469 38,549 40,435
EBIT 1 18,116 21,020 23,300 21,635 21,502 27,768 31,021 32,898
Net income 1 14,470 12,854 15,300 12,243 14,690 19,952 22,733 24,481
Net Debt 1 26,902 43,952 43,475 41,115 33,970 25,013 15,150 2,096
Reference price 2 252.60 188.40 218.10 198.30 300.60 389.80 389.80 389.80
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.26x3.67x14.49x1.84% 50.27B
5.24x - - 8.5% 3.48B
8.04x0.78x5.38x6.79% 2.84B
6.79x - - - 2.73B
24.06x - - 0.45% 609M
Average 13.68x 2.22x 9.93x 4.4% 11.98B
Weighted average by Cap. 21.59x 3.52x 14.00x 2.48%

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

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  3. SAND Stock
  4. Valuation Sandvik AB