Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, metal cutting, and materials technology worldwide. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Sandvik's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAND is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SAND's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SAND underperformed the Swedish Machinery industry which returned 72.1% over the past year.
Return vs Market: SAND exceeded the Swedish Market which returned 56.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sandvik's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInsider Buying: The Sandvik AB (publ) (STO:SAND) Executive VP Just Bought 306% More Shares
1 week ago | Simply Wall StWhat You Need To Know About Sandvik AB (publ)'s (STO:SAND) Investor Composition
1 month ago | Simply Wall StSandvik (STO:SAND) Has Gifted Shareholders With A Fantastic 213% Total Return On Their Investment
Is Sandvik undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAND (SEK233.1) is trading below our estimate of fair value (SEK295.93)
Significantly Below Fair Value: SAND is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAND is good value based on its PE Ratio (28.9x) compared to the Swedish Machinery industry average (32.8x).
PE vs Market: SAND is poor value based on its PE Ratio (28.9x) compared to the Swedish market (24.5x).
Price to Earnings Growth Ratio
PEG Ratio: SAND is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: SAND is overvalued based on its PB Ratio (4x) compared to the SE Machinery industry average (3.7x).
How is Sandvik forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAND's forecast earnings growth (8.6% per year) is above the savings rate (0.3%).
Earnings vs Market: SAND's earnings (8.6% per year) are forecast to grow faster than the Swedish market (1.8% per year).
High Growth Earnings: SAND's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAND's revenue (5.8% per year) is forecast to grow faster than the Swedish market (0.6% per year).
High Growth Revenue: SAND's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAND's Return on Equity is forecast to be low in 3 years time (19.4%).
How has Sandvik performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAND has high quality earnings.
Growing Profit Margin: SAND's current net profit margins (12%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: SAND's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: SAND's earnings growth over the past year (35.7%) exceeds its 5-year average (5.7% per year).
Earnings vs Industry: SAND earnings growth over the past year (35.7%) exceeded the Machinery industry -9.5%.
Return on Equity
High ROE: SAND's Return on Equity (14%) is considered low.
How is Sandvik's financial position?
Financial Position Analysis
Short Term Liabilities: SAND's short term assets (SEK68.1B) exceed its short term liabilities (SEK28.7B).
Long Term Liabilities: SAND's short term assets (SEK68.1B) exceed its long term liabilities (SEK23.5B).
Debt to Equity History and Analysis
Debt Level: SAND's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: SAND's debt to equity ratio has reduced from 114.9% to 27.4% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (77.8%).
Interest Coverage: SAND's interest payments on its debt are well covered by EBIT (27.6x coverage).
What is Sandvik current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAND's dividend (1.93%) is higher than the bottom 25% of dividend payers in the Swedish market (1.17%).
High Dividend: SAND's dividend (1.93%) is low compared to the top 25% of dividend payers in the Swedish market (3.36%).
Stability and Growth of Payments
Stable Dividend: SAND's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAND's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.9%), SAND's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAND's dividends in 3 years are forecast to be well covered by earnings (47% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stefan Widing (43 yo)
Mr. Stefan Widing has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and as President of Sandvik Manufacturing & Machining Solutions business area since October ...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD2.11M) is about average for companies of similar size in the Swedish market ($USD2.61M).
Compensation vs Earnings: Insufficient data to compare Stefan's compensation with company performance.
Experienced Management: SAND's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: SAND's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAND insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sandvik AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Sandvik AB (publ)
- Ticker: SAND
- Exchange: OM
- Founded: 1862
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr292.397b
- Shares outstanding: 1.25b
- Website: https://www.home.sandvik
Number of Employees
- Sandvik AB (publ)
- Kungsbron 1
- Section G, plan 6
- Stockholm County
- 111 22
Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, metal cutting, and materials technology worldwide. It offers metal-cutting tools and tooling systems, includ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 19:45|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.