Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 437,906 - -
Change - -25.42% 15.76% -9.08% 51.59% 16.13% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 466,061 455,089 437,844
Change - -18.47% 13.12% -8.58% 41.81% 13.39% -2.35% -3.79%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 20.7x 17.7x 16.5x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 3.98x 3.45x 3.07x
PEG - -0.9x 0.5x -1x 1.3x 0.5x 1x 2.34x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.03x 2.66x 2.56x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.22x 2.76x 2.56x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 12.5x 11x 10.2x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 15.7x 13.5x 12.5x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 26.6x 20x 17.5x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.75% 5.01% 5.72%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.495 8.368 8.914
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 2.15% 2.4% 2.55%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.85 19.73 21.12
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.5% 42.4% 42.2%
Net sales 1 99,105 112,332 126,503 122,878 120,680 144,623 164,904 170,725
EBITDA 1 24,649 25,235 29,877 26,401 28,223 37,175 41,307 43,013
EBIT 1 18,116 21,020 23,300 21,635 21,502 29,735 33,672 34,924
Net income 1 14,470 12,854 15,300 12,243 14,690 21,417 24,753 26,549
Net Debt 1 26,902 43,952 43,475 41,115 33,970 28,155 17,183 -62.16
Reference price 2 252.60 188.40 218.10 198.30 300.60 349.10 349.10 349.10
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.($)
20.72x3.22x12.54x2.15% 44.24B
10.89x - - 1.91% 5.78B
14.49x2.2x9.66x1.78% 4.6B
18.28x - - - 3.4B
10.27x0.86x6.8x5.38% 3.15B
7.97x - - - 3.16B
15.59x1.85x9.1x - 1.77B
12.71x - - - 1.7B
Average 13.87x 2.03x 9.53x 2.8% 8.48B
Weighted average by Cap. 17.92x 2.95x 11.84x 2.27%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sandvik AB

Historical PBR trend

Valuation ratios - PBR - Sandvik AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sandvik AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sandvik AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sandvik AB
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