Company Valuation: Sandvik AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 316,858 236,326 273,582 248,745 377,068 446,687 - -
Change - -25.42% 15.76% -9.08% 51.59% 18.46% - -
Enterprise Value (EV) 1 343,760 280,278 317,057 289,860 411,038 474,658 463,748 446,581
Change - -18.47% 13.12% -8.58% 41.81% 15.48% -2.3% -3.7%
P/E 21.9x 21.1x 17.9x 20.3x 25.7x 21.2x 18.1x 17x
PBR 4.11x 2.91x 3.12x 2.57x 4.05x 4.04x 3.52x 3.12x
PEG - -0.9x 0.5x -1x 1.3x 0.5x 1x 2.75x
Capitalization / Revenue 3.2x 2.1x 2.16x 2.02x 3.12x 3.09x 2.71x 2.63x
EV / Revenue 3.47x 2.5x 2.51x 2.36x 3.41x 3.29x 2.82x 2.63x
EV / EBITDA 13.9x 11.1x 10.6x 11x 14.6x 12.8x 11.2x 10.5x
EV / EBIT 19x 13.3x 13.6x 13.4x 19.1x 16x 13.7x 12.9x
EV / FCF 35.7x 40.9x 23.6x 18.4x 26.7x 26.1x 20.2x 17.6x
FCF Yield 2.8% 2.45% 4.24% 5.44% 3.74% 3.84% 4.95% 5.69%
Dividend per Share 2 4.75 5 5.5 5.75 6 7.447 8.364 8.838
Rate of return 1.88% 2.65% 2.52% 2.9% 2% 2.09% 2.35% 2.48%
EPS 2 11.52 8.94 12.18 9.75 11.7 16.78 19.72 20.94
Distribution rate 41.2% 55.9% 45.2% 59% 51.3% 44.4% 42.4% 42.2%
Net sales 1 99,105 112,332 126,503 122,878 120,680 144,414 164,703 170,037
EBITDA 1 24,649 25,235 29,877 26,401 28,223 37,102 41,355 42,697
EBIT 1 18,116 21,020 23,300 21,635 21,502 29,640 33,738 34,513
Net income 1 14,470 12,854 15,300 12,243 14,690 21,350 24,804 26,288
Net Debt 1 26,902 43,952 43,475 41,115 33,970 27,971 17,061 -106.2
Reference price 2 252.60 188.40 218.10 198.30 300.60 356.10 356.10 356.10
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 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.($)
21.22x3.29x12.79x2.09% 45.1B
11.25x - - 1.85% 5.96B
14.82x2.25x9.87x1.74% 4.71B
10.43x0.87x6.89x5.3% 3.19B
16.91x - - - 3.14B
7.84x - - - 3.1B
16.53x1.94x9.54x - 1.86B
12.56x - - - 1.68B
Average 13.95x 2.09x 9.77x 2.74% 8.59B
Weighted average by Cap. 18.28x 3.01x 12.09x 2.21%

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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