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 moderate growth potential.
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 less volatile than 75% 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 21.4% over the past year.
Return vs Market: SAND underperformed the Swedish Market which returned 16.5% 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 StHave Insiders Been Buying Sandvik AB (STO:SAND) Shares?
1 month ago | Simply Wall StSandvik AB's (STO:SAND) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
1 month ago | Simply Wall StAre Institutions Heavily Invested In Sandvik AB's (STO:SAND) Shares?
Is Sandvik undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SAND (SEK195.7) is trading above our estimate of fair value (SEK171.14)
Significantly Below Fair Value: SAND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAND is poor value based on its PE Ratio (40.6x) compared to the SE Machinery industry average (32.3x).
PE vs Market: SAND is poor value based on its PE Ratio (40.6x) compared to the Swedish market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: SAND is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: SAND is overvalued based on its PB Ratio (3.7x) compared to the SE Machinery industry average (3.1x).
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 (17.1% per year) is above the savings rate (0.5%).
Earnings vs Market: SAND's earnings (17.1% per year) are forecast to grow faster than the Swedish market (11.6% per year).
High Growth Earnings: SAND's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAND's revenue (4.8% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: SAND's revenue (4.8% 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 (17.3%).
How has Sandvik performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAND has a large one-off loss of SEK6.9B impacting its September 30 2020 financial results.
Growing Profit Margin: SAND's current net profit margins (6.7%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: SAND's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: SAND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAND had negative earnings growth (-47.8%) over the past year, making it difficult to compare to the Machinery industry average (-25.1%).
Return on Equity
High ROE: SAND's Return on Equity (9.1%) is considered low.
How is Sandvik's financial position?
Financial Position Analysis
Short Term Liabilities: SAND's short term assets (SEK66.1B) exceed its short term liabilities (SEK27.1B).
Long Term Liabilities: SAND's short term assets (SEK66.1B) exceed its long term liabilities (SEK26.7B).
Debt to Equity History and Analysis
Debt Level: SAND's debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: SAND's debt to equity ratio has reduced from 117.9% to 34.9% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (70.6%).
Interest Coverage: SAND's interest payments on its debt are well covered by EBIT (31.2x coverage).
What is Sandvik current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAND's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SAND is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAND's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stefan Widing (43 yo)
Mr. Stefan Widing serves as President of Sandvik Manufacturing Solutions at Sandvik AB since October 1, 2020. He serves as a Director of Sandvik AB since April 28, 2020. He has been the President and Chief...
|President||0.75yr||no data||0.0034% |
|Executive VP & CFO||4.58yrs||no data||0.0014% |
|Chief Information Officer||5.92yrs||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP||6.08yrs||no data||0.00040% |
|Executive VP & Head of Group Communications||7.33yrs||no data||0.00039% |
|Executive VP & Head of Human Resources||4.42yrs||no data||0.00067% |
|Head of Real Estate||no data||no data||no data|
|Head of Group Staff Assurance||11.58yrs||no data||no data|
|Head of Taxes and Financial Projects||11.17yrs||no data||no data|
|Senior Vice President Sales of Sandvik Mining Business Area||6.5yrs||no data||no data|
|Head of Other Operations||4.33yrs||no data||no data|
Experienced Management: SAND's management team is seasoned and experienced (6 years average tenure).
|President||0.75yr||no data||0.0034% |
|Honorary Chairman||no data||no data||no data|
|Independent Director||9.5yrs||kr805.00k||0.00040% |
|Director||0.58yr||no data||no data|
|Independent Chairman of the Board||5.5yrs||kr2.70m||0.021% |
|Independent Director||5.5yrs||kr690.00k||0.00080% |
|Employee Representative Director||14.5yrs||no data||0.00023% |
|Independent Director||3.5yrs||kr690.00k||0.00020% |
|Employee Representative Deputy Director||8.83yrs||no data||no data|
|Independent Director||5.5yrs||kr990.00k||0.0016% |
|Employee Representative Director||4.83yrs||no data||0.00039% |
Experienced Board: SAND's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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's company bio, employee growth, exchange listings and data sources
- Name: Sandvik AB
- Ticker: SAND
- Exchange: OM
- Founded: 1862
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr241.657b
- Shares outstanding: 1.25b
- Website: https://www.home.sandvik
Number of Employees
- Sandvik AB
- World Trade Center
- Floor 6
- Stockholm County
- 111 22
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SDVK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1993|
|SAND||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Jun 1993|
|0HC0||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Jun 1993|
|SVKB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1993|
|SANDS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Jun 1993|
|SDVK.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Aug 1994|
Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, metal cutting, and materials technology worldwide. The company offers metal-cutting tools and tooling system...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 21:06|
|End of Day Share Price||2020/11/24 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.