View ValuationSandvik 향후 성장Future 기준 점검 2/6Sandvik (는) 각각 연간 12% 및 8.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 12.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.1% 로 예상됩니다.핵심 정보12.0%이익 성장률12.15%EPS 성장률Machinery 이익 성장24.8%매출 성장률8.2%향후 자기자본이익률18.08%애널리스트 커버리지Good마지막 업데이트22 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 30Sandvik AB (Publ) Appoints Patrick Murphy as President of Business Area Mining and New Member of the Sandvik Group Executive Management, Effective July 1, 2026Sandvik AB (publ) has appointed Patrick Murphy as President of business area Mining and new member of the Sandvik Group Executive Management, effective July 1, 2026. He succeeds Mats Eriksson, who as previously announced is stepping down from the role ahead of his planned retirement in 2027. Patrick Murphy is currently President of the Rotary Drilling division within Mining. Patrick Murphy, born in 1976, is a Canadian national. He joined Sandvik in 2001 and has a strong background from various roles within the Mining business area, working in Canada, Australia, India, Finland and the United States. Prior to his current role as President Rotary Drilling, he headed the Underground Drilling division as well as the Rock Drills and Technologies division.공시 • Apr 28Sandvik AB (publ) Approves Dividend, Payable on May 6, 2026Sandvik AB (publ) at its AGM held on April 28, 2026, resolved pursuant to the Board's proposal on a dividend of SEK 6.00 per share. The record day for payment of the dividend was set at April 30, 2026. The dividend is expected to be paid by Euroclear on May 6, 2026.공시 • Apr 09Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd.Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd. on April 9, 2026. Sandvik AB (publ) (OM:SAND) completed the acquisition of 80% stake in K&Y Diamond Ltd. on April 9, 2026.공시 • Feb 13Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd.Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd. on February 12, 2026. ThoroughTec will be reported in Parts and Services, a division within business area Mining. For the period ending December 31, 2025, ThoroughTec Simulation (Pty) Ltd. reported total revenue of SEK 170 million. The transaction is subject to customary regulatory approvals and is expected to close during second quarter of 2026.공시 • Jan 27+ 2 more updatesSandvik AB (publ) to Report Fiscal Year 2025 Results on Mar 10, 2026Sandvik AB (publ) announced that they will report fiscal year 2025 results on Mar 10, 2026공시 • Sep 17Sandvik AB (publ), Annual General Meeting, Apr 28, 2026Sandvik AB (publ), Annual General Meeting, Apr 28, 2026. Location: sandviken Sweden공시 • Jul 17+ 3 more updatesSandvik AB (publ) to Report Q1, 2026 Results on Apr 22, 2026Sandvik AB (publ) announced that they will report Q1, 2026 results at 11:30 AM, Central European Standard Time on Apr 22, 2026공시 • Jul 02Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Osa Demolition Equipment S.R.L. on April 4, 2025. As part of the acquisition, OSA will be reported as a business unit within the Attachment Tools division in the business area Sandvik Rock Processing Solutions. For the period ending December 31, 2024, Osa Demolition Equipment S.R.L. reported total revenue of SEK 150 million. The transaction is expected to close during the third quarter of 2025, subject to customary regulatory approvals. Claudio Di Falco of Norton Rose Fulbright Studio Legale acted as legal advisor to Sandvik AB (publ). Diego Rigatti and Niccolò Massimo Gruppi of Fieldfisher Italyacted as legal advisor to Osa Demolition Equipment S.R.L. Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L. on July 1, 2025.공시 • Jun 03Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals. Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc. on June 3, 2025.공시 • Apr 29Sandvik AB (Publ) Approves Dividend, Payable on May 7, 2025Sandvik AB (publ) at its Annual General Meeting held on April 29, 2025, approved a dividend of SEK 5.75 per share. The record day for payment of the dividend was set at May 2, 2025. The dividend is expected to be paid by Euroclear on May 7, 2025.공시 • Apr 15Sandvik AB (Publ) Appoints Johanna Kreft as Executive Vice President and General Counsel, Effective October 13, 2025Sandvik has appointed Johanna Kreft as Executive Vice President and General Counsel, effective October 13, 2025. Johanna Kreft, who currently holds the equivalent position at Alleima, will also be a member of the Sandvik Group Executive Management. Johanna Kreft, born in 1976, has a long background from within Sandvik spanning over 15 years. Before the spinoff of Sandvik Materials Technology (SMT) as Alleima from Sandvik in 2022, she was Business Area General Counsel for SMT. Her previous roles also include Chief Legal Counsel for SMT as well as Legal Counsel for Sandvik AB. She replaces Åsa Thunman, who as previously announced is leaving Sandvik for a similar position at the Swedish project development and construction group Skanska.공시 • Mar 11Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals.공시 • Jan 23Sandvik AB (publ) to Report Fiscal Year 2024 Results on Mar 10, 2025Sandvik AB (publ) announced that they will report fiscal year 2024 results on Mar 10, 2025공시 • Jan 10Sandvik AB (Publ) Announces Åsa Thunman, Executive Vice President and General Counsel Decides to Leave , Effective No Later Than July 8, 2025Sandvik AB (publ) announced that Åsa Thunman, Executive Vice President and General Counsel of Sandvik, has decided to leave Sandvik for a corresponding position at the Swedish project development and construction group Skanska. Åsa Thunman, who has been in her current position and a member of the Group Executive Management since 2014, will leave Sandvik no later than July 8, 2025. A recruitment process to find a successor will now be initiated.Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: kr2.58 (vs kr3.11 in 3Q 2023)Third quarter 2024 results: EPS: kr2.58 (down from kr3.11 in 3Q 2023). Revenue: kr30.3b (down 3.7% from 3Q 2023). Net income: kr3.24b (down 17% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Sep 25Sandvik AB (publ), Annual General Meeting, Apr 29, 2025Sandvik AB (publ), Annual General Meeting, Apr 29, 2025. Location: sandviken, Sweden공시 • Sep 24Sandvik AB (Publ) Announces Appointments to Nomination Committee for the 2025 Annual General MeetingSandvik AB (Publ) announced that the nomination committee has now been appointed and consists of the following members: Fredrik Lundberg, AB Industrivärden, Chairman of the Nomination Committee, Daniel Kristiansson, Alecta, Marianne Nilsson, Swedbank Robur Funds, Lars Pettersson, Lundbergs and Johan Molin, Sandvik's Chairman of the Board. The Nomination Committee shall prepare proposals for the 2025 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to each of the Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.공시 • Aug 27Sandvik AB (publ) (OM:SAND) agreed to acquire Universal Field Robots Pty LtdSandvik AB (publ) (OM:SAND) agreed to acquire Universal Field Robots Pty Ltd on August 27, 2024. For the period ending June 30, 2024, Universal Field Robots Pty Ltd reported total revenue of AUD 11.57 million. The transaction is expected to close during the fourth quarter of 2024.공시 • Aug 21Metso Comments on Market RumorsMarket rumors have been made public regarding Metso Oyj (HLSE:METSO) and Swedish Sandvik AB (publ) (OM:SAND)'s mining business. Metso has no information related to the speculations and no related insider project exists.공시 • Aug 20Metso Dismisses Speculations over Deal with SandvikFinnish industrial machinery firm Metso Oyj (HLSE:METSO) denied on August 20, 2024 a media report which suggested that it could merge its mining equipment operations with those of Swedish engineering group Sandvik AB (publ) (OM:SAND) as the move was requested by major shareholders. “Metso has no information related to the speculations and no related insider project exists,” the Finnish firm said. Further details were not disclosed. The statement was issued after Swedish business daily Dagens Industri reported over the weekend that Metso management was considering a potential transaction with Sandvik.Recent Insider Transactions • Jul 29Director recently bought €35m worth of stockOn the 25th of July, Helena Stjernholm bought around 2m shares on-market at roughly €18.49 per share. This transaction increased Helena's direct individual holding by 380x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €108m more in shares than they have sold in the last 12 months.Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr2.76 (vs kr2.65 in 2Q 2023)Second quarter 2024 results: EPS: kr2.76 (up from kr2.65 in 2Q 2023). Revenue: kr31.4b (down 2.6% from 2Q 2023). Net income: kr3.46b (up 4.0% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Jul 20+ 2 more updatesSandvik AB (publ) to Report Q1, 2025 Results on Apr 16, 2025Sandvik AB (publ) announced that they will report Q1, 2025 results on Apr 16, 2025Recent Insider Transactions • May 10President recently sold €1.3m worth of stockOn the 7th of May, Stefan Widing sold around 67k shares on-market at roughly €19.69 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stefan has been a net seller over the last 12 months, reducing personal holdings by €201k.Board Change • May 05Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Andreas Nordbrandt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 30+ 1 more updateSandvik AB (publ) Approves Dividend, Payable on May 7, 2024Sandvik AB (publ) at the AGM held on April 29, 2024, approved dividend of SEK 5.50 per share. The record day for payment of the dividend was set at Thursday, May 2, 2024. The dividend is expected to be paid by Euroclear on May 7, 2024.Upcoming Dividend • Apr 25Upcoming dividend of kr5.50 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%).공시 • Mar 20Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ)Jennifer Allerton has declined re-election as board member of Sandvik AB (publ), at its AGM to be held on April 29, 2024.공시 • Feb 02Sandvik AB (publ) (OM:SAND) acquired Pro-Micron Gmbh.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Pro-Micron Gmbh on December 28, 2023.Sandvik AB (publ) (OM:SAND) completed the acquisition of Pro-Micron Gmbh on February 2, 2024.공시 • Feb 01Sandvik AB (publ) to Report Fiscal Year 2023 Results on Mar 13, 2024Sandvik AB (publ) announced that they will report fiscal year 2023 results on Mar 13, 2024공시 • Jan 25+ 1 more updateSandvik AB (publ) Proposes Dividend for 2023, Payable on May 7, 2024The Board of Directors of Sandvik AB (publ) proposed a dividend of SEK 5.50 per share (5.00) for 2023. The proposed record date to receive dividends is May 2, 2024. Assuming the General Meeting accepts the dividend proposal, the date to receive dividends is May 7, 2024.공시 • Jan 24Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ)Sandvik AB (publ) announced that Board member, Jennifer Allerton has declined re-election for the 2024 Annual General Meeting to be held on April 29, 2024.Recent Insider Transactions • Nov 09Independent Director recently bought €8.4m worth of stockOn the 6th of November, Claes Boustedt bought around 500k shares on-market at roughly €16.75 per share. This transaction increased Claes' direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €32m. Insiders have collectively bought €90m more in shares than they have sold in the last 12 months.공시 • Nov 05Sandvik AB (publ) (OM:SAND) acquired Esco Gmbh.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Esco Gmbh on October 26, 2023. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. For FY ended 2022, Esco had generated revenues of about SEK 14 million and had around 17 employees.Sandvik AB (publ) (OM:SAND) completed the acquisition of Esco Gmbh on November 3, 2023.Recent Insider Transactions • Oct 29Director recently bought €32m worth of stockOn the 25th of October, Helena Stjernholm bought around 2m shares on-market at roughly €15.90 per share. This transaction increased Helena's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €81m more in shares than they have sold in the last 12 months.공시 • Oct 24+ 2 more updatesSandvik AB (publ) to Report Q1, 2024 Results on Apr 22, 2024Sandvik AB (publ) announced that they will report Q1, 2024 results at 11:30 AM, Indian Standard Time on Apr 22, 2024Reported Earnings • Oct 23Third quarter 2023 earnings released: EPS: kr3.11 (vs kr2.70 in 3Q 2022)Third quarter 2023 results: EPS: kr3.11 (up from kr2.70 in 3Q 2022). Revenue: kr31.5b (up 7.5% from 3Q 2022). Net income: kr3.90b (up 15% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buying Opportunity • Oct 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €20.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.공시 • Sep 15+ 1 more updateSandvik AB (publ), Annual General Meeting, Apr 29, 2024Sandvik AB (publ), Annual General Meeting, Apr 29, 2024.Recent Insider Transactions • Aug 03Director recently bought €31m worth of stockOn the 31st of July, Helena Stjernholm bought around 2m shares on-market at roughly €18.40 per share. This transaction increased Helena's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €51m more in shares than they have sold in the last 12 months.Reported Earnings • Jul 19Second quarter 2023 earnings released: EPS: kr2.65 (vs kr2.11 in 2Q 2022)Second quarter 2023 results: EPS: kr2.65 (up from kr2.11 in 2Q 2022). Revenue: kr32.2b (up 19% from 2Q 2022). Net income: kr3.33b (up 26% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jun 20President recently bought €134k worth of stockOn the 13th of June, Stefan Widing bought around 7k shares on-market at roughly €18.23 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of €144k worth in shares.Upcoming Dividend • Apr 21Upcoming dividend of kr5.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).Board Change • Mar 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Thomas Andersson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Mar 16Director recently bought €18m worth of stockOn the 13th of March, Helena Stjernholm bought around 1m shares on-market at roughly €17.94 per share. This transaction increased Helena's direct individual holding by 200x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €37m more in shares than they have sold in the last 12 months.공시 • Feb 12Christophe Sut, President of Sandvik Manufacturing Solutions, to Leave Sandvik as of August 11, 2023Christophe Sut, President of Business Area segment Sandvik Manufacturing Solutions, has decided to leave Sandvik for a CEO position in a different company. He will leave Sandvik as of August 11, 2023. The process to find a successor will now be initiated.공시 • Feb 03Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited.Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023. PMT Premier Machine generated revenues of approximately SEK 120 million for the year ended 2022. The Pmt Premier Machine Tools Limited will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions. Sandvik AB (publ) (OM:SAND) completed the acquisition of 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023.공시 • Feb 02Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd.Sandvik AB (publ) (OM:SAND) entered into an agreement to acquire Polymathian Pty Ltd for SEK 1.1 billion on November 12, 2022. Polymathian will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions. Polymathian will be a part of Business Unit Deswik and remain OEM (Original Equipment Manufacturer) agnostic. Polymathian's annual revenues per June 2022 were around SEK 100 million. The EBITA margin is approximately 40 percent and impact on Sandvik's earnings per share (excluding PPA) will be accretive. The transaction is expected to close during the first quarter of 2023. Lyndon Masters and Sara de Haan of DLA Piper Australia Pty Ltd acted as legal advisor to Polymathian Pty Ltd. and sell side PricewaterhouseCoopers Australia acted as accountant to Polymathian Pty Ltd. Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd on February 1, 2023.Recent Insider Transactions • Jan 29Insider recently sold €99k worth of stockOn the 23rd of January, Henrik Ager sold around 5k shares on-market at roughly €19.32 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €127k. Despite this recent sale, insiders have collectively bought €19m more than they sold in the last 12 months.Reported Earnings • Jan 23Full year 2022 earnings released: EPS: kr10.24 (vs kr11.54 in FY 2021)Full year 2022 results: EPS: kr10.24 (down from kr11.54 in FY 2021). Revenue: kr112.3b (up 13% from FY 2021). Net income: kr12.8b (down 11% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jan 20Sandvik AB (publ) Proposes DividendSandvik AB (publ) Proposed dividend per share SEK 5.00 (SEK 4.75).Recent Insider Transactions • Dec 06Executive VP recently sold €127k worth of stockOn the 2nd of December, Åsa Maria Thunman sold around 7k shares on-market at roughly €17.78 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €19m more than they sold in the last 12 months.Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: kr2.70 (vs kr2.87 in 3Q 2021)Third quarter 2022 results: EPS: kr2.70 (down from kr2.87 in 3Q 2021). Revenue: kr29.3b (up 35% from 3Q 2021). Net income: kr3.38b (down 6.0% from 3Q 2021). Profit margin: 12% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr27.1b (up 15% from 2Q 2021). Net income: kr2.63b (down 25% from 2Q 2021). Profit margin: 9.7% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.0%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Jul 16+ 2 more updatesSandvik AB (publ) to Report Q3, 2023 Results on Oct 19, 2023Sandvik AB (publ) announced that they will report Q3, 2023 results at 11:30 AM, Central European Standard Time on Oct 19, 2023Recent Insider Transactions • May 11Executive VP & Head of Human Resources recently bought €60k worth of stockOn the 6th of May, Johan Kerstell bought around 3k shares on-market at roughly €17.17 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €61m more in shares than they have sold in the last 12 months.공시 • Apr 21Sandvik AB (publ) to Report Q4, 2022 Results on Jan 20, 2023Sandvik AB (publ) announced that they will report Q4, 2022 results on Jan 20, 2023Upcoming Dividend • Apr 21Upcoming dividend of kr4.75 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 04 May 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.9%). In line with average of industry peers (2.4%).Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr11.54 (up from kr6.99 in FY 2020). Revenue: kr99.1b (up 15% from FY 2020). Net income: kr14.5b (up 65% from FY 2020). Profit margin: 15% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 20%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €17.19, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 31% over the past three years.이익 및 매출 성장 예측DB:SVKB - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028160,13924,40425,70429,7931712/31/2027153,58122,61722,17525,7191912/31/2026141,05920,03618,78323,270163/31/2026122,06414,83018,70622,251N/A12/31/2025120,68014,69015,38419,189N/A9/30/2025120,37014,78615,60219,750N/A6/30/2025121,45814,48615,99820,506N/A3/31/2025123,17714,73113,70118,366N/A12/31/2024122,87812,24315,77320,607N/A9/30/2024122,54312,20712,67117,836N/A6/30/2024123,71312,86511,75717,011N/A3/31/2024124,53712,73213,28418,667N/A12/31/2023126,50315,30013,44918,797N/A9/30/2023125,78014,47117,94923,418N/A6/30/2023123,57113,96013,80619,014N/A3/31/2023118,37813,27510,01714,916N/A12/31/2022112,33112,8405,94110,465N/A9/30/2022106,54912,8325374,830N/A6/30/202299,00613,0482,8206,819N/A3/31/202292,09313,5656,2729,984N/A12/31/202185,70013,0649,61213,177N/A9/30/202182,79712,27511,16314,222N/A6/30/202181,21811,86212,52615,459N/A3/31/202181,3129,80612,18715,301N/A12/31/202086,4048,76712,14915,347N/A9/30/202090,5796,05511,69915,128N/A6/30/202095,5974,94112,92516,763N/A3/31/2020101,8337,44512,68416,715N/A12/31/2019103,2388,744N/A16,894N/A9/30/2019102,62311,641N/A17,798N/A6/30/2019101,74213,501N/A16,802N/A3/31/2019101,41213,411N/A16,168N/A12/31/2018100,07213,224N/A14,914N/A9/30/201898,03316,823N/A14,239N/A6/30/201895,35915,237N/A12,482N/A3/31/201892,75413,907N/A12,666N/A12/31/201790,82713,226N/A14,286N/A9/30/201788,7168,919N/A13,245N/A6/30/201786,8228,185N/A13,988N/A3/31/201783,6117,690N/A13,772N/A12/31/201681,5536,878N/A12,032N/A9/30/201680,6754,620N/A11,068N/A6/30/201681,7064,268N/A10,323N/A3/31/201683,5854,384N/A11,035N/A12/31/201585,8453,496N/A11,952N/A9/30/201586,6095,228N/A12,827N/A6/30/201586,7715,465N/A12,556N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SVKB 의 연간 예상 수익 증가율(12%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: SVKB 의 연간 수익(12%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SVKB 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SVKB 의 수익(연간 8.2%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: SVKB 의 수익(연간 8.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SVKB의 자본 수익률은 3년 후 18.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 19:33종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sandvik AB (publ)는 48명의 분석가가 다루고 있습니다. 이 중 19명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierVladimir SergievskiiBarclaysRobert BateBarclays45명의 분석가 더 보기
공시 • Apr 30Sandvik AB (Publ) Appoints Patrick Murphy as President of Business Area Mining and New Member of the Sandvik Group Executive Management, Effective July 1, 2026Sandvik AB (publ) has appointed Patrick Murphy as President of business area Mining and new member of the Sandvik Group Executive Management, effective July 1, 2026. He succeeds Mats Eriksson, who as previously announced is stepping down from the role ahead of his planned retirement in 2027. Patrick Murphy is currently President of the Rotary Drilling division within Mining. Patrick Murphy, born in 1976, is a Canadian national. He joined Sandvik in 2001 and has a strong background from various roles within the Mining business area, working in Canada, Australia, India, Finland and the United States. Prior to his current role as President Rotary Drilling, he headed the Underground Drilling division as well as the Rock Drills and Technologies division.
공시 • Apr 28Sandvik AB (publ) Approves Dividend, Payable on May 6, 2026Sandvik AB (publ) at its AGM held on April 28, 2026, resolved pursuant to the Board's proposal on a dividend of SEK 6.00 per share. The record day for payment of the dividend was set at April 30, 2026. The dividend is expected to be paid by Euroclear on May 6, 2026.
공시 • Apr 09Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd.Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd. on April 9, 2026. Sandvik AB (publ) (OM:SAND) completed the acquisition of 80% stake in K&Y Diamond Ltd. on April 9, 2026.
공시 • Feb 13Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd.Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd. on February 12, 2026. ThoroughTec will be reported in Parts and Services, a division within business area Mining. For the period ending December 31, 2025, ThoroughTec Simulation (Pty) Ltd. reported total revenue of SEK 170 million. The transaction is subject to customary regulatory approvals and is expected to close during second quarter of 2026.
공시 • Jan 27+ 2 more updatesSandvik AB (publ) to Report Fiscal Year 2025 Results on Mar 10, 2026Sandvik AB (publ) announced that they will report fiscal year 2025 results on Mar 10, 2026
공시 • Sep 17Sandvik AB (publ), Annual General Meeting, Apr 28, 2026Sandvik AB (publ), Annual General Meeting, Apr 28, 2026. Location: sandviken Sweden
공시 • Jul 17+ 3 more updatesSandvik AB (publ) to Report Q1, 2026 Results on Apr 22, 2026Sandvik AB (publ) announced that they will report Q1, 2026 results at 11:30 AM, Central European Standard Time on Apr 22, 2026
공시 • Jul 02Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Osa Demolition Equipment S.R.L. on April 4, 2025. As part of the acquisition, OSA will be reported as a business unit within the Attachment Tools division in the business area Sandvik Rock Processing Solutions. For the period ending December 31, 2024, Osa Demolition Equipment S.R.L. reported total revenue of SEK 150 million. The transaction is expected to close during the third quarter of 2025, subject to customary regulatory approvals. Claudio Di Falco of Norton Rose Fulbright Studio Legale acted as legal advisor to Sandvik AB (publ). Diego Rigatti and Niccolò Massimo Gruppi of Fieldfisher Italyacted as legal advisor to Osa Demolition Equipment S.R.L. Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L. on July 1, 2025.
공시 • Jun 03Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals. Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc. on June 3, 2025.
공시 • Apr 29Sandvik AB (Publ) Approves Dividend, Payable on May 7, 2025Sandvik AB (publ) at its Annual General Meeting held on April 29, 2025, approved a dividend of SEK 5.75 per share. The record day for payment of the dividend was set at May 2, 2025. The dividend is expected to be paid by Euroclear on May 7, 2025.
공시 • Apr 15Sandvik AB (Publ) Appoints Johanna Kreft as Executive Vice President and General Counsel, Effective October 13, 2025Sandvik has appointed Johanna Kreft as Executive Vice President and General Counsel, effective October 13, 2025. Johanna Kreft, who currently holds the equivalent position at Alleima, will also be a member of the Sandvik Group Executive Management. Johanna Kreft, born in 1976, has a long background from within Sandvik spanning over 15 years. Before the spinoff of Sandvik Materials Technology (SMT) as Alleima from Sandvik in 2022, she was Business Area General Counsel for SMT. Her previous roles also include Chief Legal Counsel for SMT as well as Legal Counsel for Sandvik AB. She replaces Åsa Thunman, who as previously announced is leaving Sandvik for a similar position at the Swedish project development and construction group Skanska.
공시 • Mar 11Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals.
공시 • Jan 23Sandvik AB (publ) to Report Fiscal Year 2024 Results on Mar 10, 2025Sandvik AB (publ) announced that they will report fiscal year 2024 results on Mar 10, 2025
공시 • Jan 10Sandvik AB (Publ) Announces Åsa Thunman, Executive Vice President and General Counsel Decides to Leave , Effective No Later Than July 8, 2025Sandvik AB (publ) announced that Åsa Thunman, Executive Vice President and General Counsel of Sandvik, has decided to leave Sandvik for a corresponding position at the Swedish project development and construction group Skanska. Åsa Thunman, who has been in her current position and a member of the Group Executive Management since 2014, will leave Sandvik no later than July 8, 2025. A recruitment process to find a successor will now be initiated.
Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: kr2.58 (vs kr3.11 in 3Q 2023)Third quarter 2024 results: EPS: kr2.58 (down from kr3.11 in 3Q 2023). Revenue: kr30.3b (down 3.7% from 3Q 2023). Net income: kr3.24b (down 17% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Sep 25Sandvik AB (publ), Annual General Meeting, Apr 29, 2025Sandvik AB (publ), Annual General Meeting, Apr 29, 2025. Location: sandviken, Sweden
공시 • Sep 24Sandvik AB (Publ) Announces Appointments to Nomination Committee for the 2025 Annual General MeetingSandvik AB (Publ) announced that the nomination committee has now been appointed and consists of the following members: Fredrik Lundberg, AB Industrivärden, Chairman of the Nomination Committee, Daniel Kristiansson, Alecta, Marianne Nilsson, Swedbank Robur Funds, Lars Pettersson, Lundbergs and Johan Molin, Sandvik's Chairman of the Board. The Nomination Committee shall prepare proposals for the 2025 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to each of the Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.
공시 • Aug 27Sandvik AB (publ) (OM:SAND) agreed to acquire Universal Field Robots Pty LtdSandvik AB (publ) (OM:SAND) agreed to acquire Universal Field Robots Pty Ltd on August 27, 2024. For the period ending June 30, 2024, Universal Field Robots Pty Ltd reported total revenue of AUD 11.57 million. The transaction is expected to close during the fourth quarter of 2024.
공시 • Aug 21Metso Comments on Market RumorsMarket rumors have been made public regarding Metso Oyj (HLSE:METSO) and Swedish Sandvik AB (publ) (OM:SAND)'s mining business. Metso has no information related to the speculations and no related insider project exists.
공시 • Aug 20Metso Dismisses Speculations over Deal with SandvikFinnish industrial machinery firm Metso Oyj (HLSE:METSO) denied on August 20, 2024 a media report which suggested that it could merge its mining equipment operations with those of Swedish engineering group Sandvik AB (publ) (OM:SAND) as the move was requested by major shareholders. “Metso has no information related to the speculations and no related insider project exists,” the Finnish firm said. Further details were not disclosed. The statement was issued after Swedish business daily Dagens Industri reported over the weekend that Metso management was considering a potential transaction with Sandvik.
Recent Insider Transactions • Jul 29Director recently bought €35m worth of stockOn the 25th of July, Helena Stjernholm bought around 2m shares on-market at roughly €18.49 per share. This transaction increased Helena's direct individual holding by 380x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €108m more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr2.76 (vs kr2.65 in 2Q 2023)Second quarter 2024 results: EPS: kr2.76 (up from kr2.65 in 2Q 2023). Revenue: kr31.4b (down 2.6% from 2Q 2023). Net income: kr3.46b (up 4.0% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Jul 20+ 2 more updatesSandvik AB (publ) to Report Q1, 2025 Results on Apr 16, 2025Sandvik AB (publ) announced that they will report Q1, 2025 results on Apr 16, 2025
Recent Insider Transactions • May 10President recently sold €1.3m worth of stockOn the 7th of May, Stefan Widing sold around 67k shares on-market at roughly €19.69 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stefan has been a net seller over the last 12 months, reducing personal holdings by €201k.
Board Change • May 05Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Andreas Nordbrandt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 30+ 1 more updateSandvik AB (publ) Approves Dividend, Payable on May 7, 2024Sandvik AB (publ) at the AGM held on April 29, 2024, approved dividend of SEK 5.50 per share. The record day for payment of the dividend was set at Thursday, May 2, 2024. The dividend is expected to be paid by Euroclear on May 7, 2024.
Upcoming Dividend • Apr 25Upcoming dividend of kr5.50 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%).
공시 • Mar 20Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ)Jennifer Allerton has declined re-election as board member of Sandvik AB (publ), at its AGM to be held on April 29, 2024.
공시 • Feb 02Sandvik AB (publ) (OM:SAND) acquired Pro-Micron Gmbh.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Pro-Micron Gmbh on December 28, 2023.Sandvik AB (publ) (OM:SAND) completed the acquisition of Pro-Micron Gmbh on February 2, 2024.
공시 • Feb 01Sandvik AB (publ) to Report Fiscal Year 2023 Results on Mar 13, 2024Sandvik AB (publ) announced that they will report fiscal year 2023 results on Mar 13, 2024
공시 • Jan 25+ 1 more updateSandvik AB (publ) Proposes Dividend for 2023, Payable on May 7, 2024The Board of Directors of Sandvik AB (publ) proposed a dividend of SEK 5.50 per share (5.00) for 2023. The proposed record date to receive dividends is May 2, 2024. Assuming the General Meeting accepts the dividend proposal, the date to receive dividends is May 7, 2024.
공시 • Jan 24Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ)Sandvik AB (publ) announced that Board member, Jennifer Allerton has declined re-election for the 2024 Annual General Meeting to be held on April 29, 2024.
Recent Insider Transactions • Nov 09Independent Director recently bought €8.4m worth of stockOn the 6th of November, Claes Boustedt bought around 500k shares on-market at roughly €16.75 per share. This transaction increased Claes' direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €32m. Insiders have collectively bought €90m more in shares than they have sold in the last 12 months.
공시 • Nov 05Sandvik AB (publ) (OM:SAND) acquired Esco Gmbh.Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Esco Gmbh on October 26, 2023. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. For FY ended 2022, Esco had generated revenues of about SEK 14 million and had around 17 employees.Sandvik AB (publ) (OM:SAND) completed the acquisition of Esco Gmbh on November 3, 2023.
Recent Insider Transactions • Oct 29Director recently bought €32m worth of stockOn the 25th of October, Helena Stjernholm bought around 2m shares on-market at roughly €15.90 per share. This transaction increased Helena's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €81m more in shares than they have sold in the last 12 months.
공시 • Oct 24+ 2 more updatesSandvik AB (publ) to Report Q1, 2024 Results on Apr 22, 2024Sandvik AB (publ) announced that they will report Q1, 2024 results at 11:30 AM, Indian Standard Time on Apr 22, 2024
Reported Earnings • Oct 23Third quarter 2023 earnings released: EPS: kr3.11 (vs kr2.70 in 3Q 2022)Third quarter 2023 results: EPS: kr3.11 (up from kr2.70 in 3Q 2022). Revenue: kr31.5b (up 7.5% from 3Q 2022). Net income: kr3.90b (up 15% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buying Opportunity • Oct 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €20.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.
공시 • Sep 15+ 1 more updateSandvik AB (publ), Annual General Meeting, Apr 29, 2024Sandvik AB (publ), Annual General Meeting, Apr 29, 2024.
Recent Insider Transactions • Aug 03Director recently bought €31m worth of stockOn the 31st of July, Helena Stjernholm bought around 2m shares on-market at roughly €18.40 per share. This transaction increased Helena's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €51m more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 19Second quarter 2023 earnings released: EPS: kr2.65 (vs kr2.11 in 2Q 2022)Second quarter 2023 results: EPS: kr2.65 (up from kr2.11 in 2Q 2022). Revenue: kr32.2b (up 19% from 2Q 2022). Net income: kr3.33b (up 26% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jun 20President recently bought €134k worth of stockOn the 13th of June, Stefan Widing bought around 7k shares on-market at roughly €18.23 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of €144k worth in shares.
Upcoming Dividend • Apr 21Upcoming dividend of kr5.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).
Board Change • Mar 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Thomas Andersson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Mar 16Director recently bought €18m worth of stockOn the 13th of March, Helena Stjernholm bought around 1m shares on-market at roughly €17.94 per share. This transaction increased Helena's direct individual holding by 200x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €37m more in shares than they have sold in the last 12 months.
공시 • Feb 12Christophe Sut, President of Sandvik Manufacturing Solutions, to Leave Sandvik as of August 11, 2023Christophe Sut, President of Business Area segment Sandvik Manufacturing Solutions, has decided to leave Sandvik for a CEO position in a different company. He will leave Sandvik as of August 11, 2023. The process to find a successor will now be initiated.
공시 • Feb 03Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited.Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023. PMT Premier Machine generated revenues of approximately SEK 120 million for the year ended 2022. The Pmt Premier Machine Tools Limited will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions. Sandvik AB (publ) (OM:SAND) completed the acquisition of 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023.
공시 • Feb 02Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd.Sandvik AB (publ) (OM:SAND) entered into an agreement to acquire Polymathian Pty Ltd for SEK 1.1 billion on November 12, 2022. Polymathian will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions. Polymathian will be a part of Business Unit Deswik and remain OEM (Original Equipment Manufacturer) agnostic. Polymathian's annual revenues per June 2022 were around SEK 100 million. The EBITA margin is approximately 40 percent and impact on Sandvik's earnings per share (excluding PPA) will be accretive. The transaction is expected to close during the first quarter of 2023. Lyndon Masters and Sara de Haan of DLA Piper Australia Pty Ltd acted as legal advisor to Polymathian Pty Ltd. and sell side PricewaterhouseCoopers Australia acted as accountant to Polymathian Pty Ltd. Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd on February 1, 2023.
Recent Insider Transactions • Jan 29Insider recently sold €99k worth of stockOn the 23rd of January, Henrik Ager sold around 5k shares on-market at roughly €19.32 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €127k. Despite this recent sale, insiders have collectively bought €19m more than they sold in the last 12 months.
Reported Earnings • Jan 23Full year 2022 earnings released: EPS: kr10.24 (vs kr11.54 in FY 2021)Full year 2022 results: EPS: kr10.24 (down from kr11.54 in FY 2021). Revenue: kr112.3b (up 13% from FY 2021). Net income: kr12.8b (down 11% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jan 20Sandvik AB (publ) Proposes DividendSandvik AB (publ) Proposed dividend per share SEK 5.00 (SEK 4.75).
Recent Insider Transactions • Dec 06Executive VP recently sold €127k worth of stockOn the 2nd of December, Åsa Maria Thunman sold around 7k shares on-market at roughly €17.78 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €19m more than they sold in the last 12 months.
Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: kr2.70 (vs kr2.87 in 3Q 2021)Third quarter 2022 results: EPS: kr2.70 (down from kr2.87 in 3Q 2021). Revenue: kr29.3b (up 35% from 3Q 2021). Net income: kr3.38b (down 6.0% from 3Q 2021). Profit margin: 12% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr27.1b (up 15% from 2Q 2021). Net income: kr2.63b (down 25% from 2Q 2021). Profit margin: 9.7% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.0%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Jul 16+ 2 more updatesSandvik AB (publ) to Report Q3, 2023 Results on Oct 19, 2023Sandvik AB (publ) announced that they will report Q3, 2023 results at 11:30 AM, Central European Standard Time on Oct 19, 2023
Recent Insider Transactions • May 11Executive VP & Head of Human Resources recently bought €60k worth of stockOn the 6th of May, Johan Kerstell bought around 3k shares on-market at roughly €17.17 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €61m more in shares than they have sold in the last 12 months.
공시 • Apr 21Sandvik AB (publ) to Report Q4, 2022 Results on Jan 20, 2023Sandvik AB (publ) announced that they will report Q4, 2022 results on Jan 20, 2023
Upcoming Dividend • Apr 21Upcoming dividend of kr4.75 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 04 May 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.9%). In line with average of industry peers (2.4%).
Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr11.54 (up from kr6.99 in FY 2020). Revenue: kr99.1b (up 15% from FY 2020). Net income: kr14.5b (up 65% from FY 2020). Profit margin: 15% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 20%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €17.19, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 31% over the past three years.