Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 481,810 - -
Change - -25.42% 15.76% -9.08% 51.59% 27.78% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 508,313 497,613 483,137
Change - -18.47% 13.12% -8.58% 41.81% 23.67% -2.11% -2.91%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 23.5x 20.6x 19.4x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.45x 3.9x 3.48x
PEG - -0.9x 0.5x -1x 1.3x 0.6x 1.5x 2.99x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.41x 3.06x 2.97x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.6x 3.16x 2.98x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 14.1x 12.7x 11.9x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 18x 15.8x 14.6x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 25.6x 21.1x 17.6x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.91% 4.74% 5.68%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.255 7.851 8.48
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 1.89% 2.04% 2.21%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.34 18.64 19.85
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.4% 42.1% 42.7%
Net sales 1 99,105 112,332 126,503 122,878 120,680 141,181 157,398 162,388
EBITDA 1 24,649 25,235 29,877 26,401 28,223 35,946 39,098 40,657
EBIT 1 18,116 21,020 23,300 21,635 21,502 28,267 31,577 33,087
Net income 1 14,470 12,854 15,300 12,243 14,690 20,503 23,078 24,587
Net Debt 1 26,902 43,952 43,475 41,115 33,970 26,504 15,803 1,328
Reference price 2 252.60 188.40 218.10 198.30 300.60 384.10 384.10 384.10
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.51x3.6x14.14x1.89% 50.04B
5.62x - - 7.93% 3.75B
7.52x - - - 2.94B
8.3x0.8x5.8x6.46% 2.85B
22.44x - - 0.48% 571M
Average 13.48x 2.20x 9.97x 4.19% 12.03B
Weighted average by Cap. 20.88x 3.45x 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

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