Company Valuation: Sandvik

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 487,956 - -
Change - -25.42% 15.76% -9.08% 51.59% 29.41% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 513,380 503,389 490,276
Change - -18.47% 13.12% -8.58% 41.81% 24.9% -1.95% -2.6%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 23.6x 20.7x 19.5x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.5x 3.94x 3.52x
PEG - -0.9x 0.5x -1x 1.3x 0.6x 1.5x 3.08x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.44x 3.09x 3x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.62x 3.19x 3.01x
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 26.6x 22x 18.5x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.77% 4.54% 5.4%
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% 2.19%
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 25,424 15,432 2,320
Reference price 2 252.60 188.40 218.10 198.30 300.60 389.00 389.00 389.00
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 20/01/22 20/01/23 25/01/24 23/01/25 27/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.45x - - 8.18% 3.64B
8.24x0.79x5.48x6.63% 2.91B
7.36x - - - 2.87B
22.6x - - 0.48% 572M
Average 10.91x 0.79x 5.48x 5.09% 2.5B
Weighted average by Cap. 7.79x 0.79x 5.48x 6.93%

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