Sandvik (SAND) Stock Overview
An engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
SAND passed our risk checks.
SAND Community Fair Values
Create NarrativeSee what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
CE
Ceazar
Community ContributorCA$5.25FV • 1.3% overvalued intrinsic discount
30989.3%Revenue growth p.a.
770
4
0
18
Sandvik AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 383.10 |
| 52 Week High | SEK 405.00 |
| 52 Week Low | SEK 197.70 |
| Beta | 1.33 |
| 1 Month Change | 7.19% |
| 3 Month Change | 8.93% |
| 1 Year Change | 91.45% |
| 3 Year Change | 87.52% |
| 5 Year Change | 67.22% |
| Change since IPO | 2,028.33% |
Recent News & Updates
SAND: Mining Upswing Orders And Restructuring Actions Will Drive Higher Fair Value
Sandvik's analyst fair value has moved from SEK 430 to SEK 450. This reflects analysts' updated models that balance higher assumed revenue growth and slightly lower profit margins with a broadly steady P/E framework, in the context of several recent price target increases and rating changes across major banks.SAND: Fair Value View Balances Mining Upswing Orders With Restructuring And Dividend
Sandvik's analyst fair value estimate has been updated from SEK 380 to SEK 430 as analysts factor in higher forecast revenue growth, slightly stronger margins, and a modestly lower assumed discount rate, in line with a series of recent price target revisions across the Street. Analyst Commentary Recent Street research on Sandvik shows a mix of views, but with a clear cluster of bullish analysts lifting price targets over the past few months.
SAND: Elevated P/E Assumptions Will Expose Mining Cycle Execution Risk
The updated analyst price target for Sandvik now reflects a fair value estimate of SEK 226.86, up from SEK 216.17, with analysts pointing to higher Street targets in the SEK 355 to SEK 404 range and slightly revised assumptions for growth, profitability, and future P/E multiples. Analyst Commentary Recent Street research around Sandvik presents a split picture, with several higher price targets on one side and more cautious positioning on the other.Recent updates
SAND: Mining Upswing Orders And Restructuring Actions Will Drive Higher Fair Value
Sandvik's analyst fair value has moved from SEK 430 to SEK 450. This reflects analysts' updated models that balance higher assumed revenue growth and slightly lower profit margins with a broadly steady P/E framework, in the context of several recent price target increases and rating changes across major banks.SAND: Fair Value View Balances Mining Upswing Orders With Restructuring And Dividend
Sandvik's analyst fair value estimate has been updated from SEK 380 to SEK 430 as analysts factor in higher forecast revenue growth, slightly stronger margins, and a modestly lower assumed discount rate, in line with a series of recent price target revisions across the Street. Analyst Commentary Recent Street research on Sandvik shows a mix of views, but with a clear cluster of bullish analysts lifting price targets over the past few months.SAND: Elevated P/E Assumptions Will Expose Mining Cycle Execution Risk
The updated analyst price target for Sandvik now reflects a fair value estimate of SEK 226.86, up from SEK 216.17, with analysts pointing to higher Street targets in the SEK 355 to SEK 404 range and slightly revised assumptions for growth, profitability, and future P/E multiples. Analyst Commentary Recent Street research around Sandvik presents a split picture, with several higher price targets on one side and more cautious positioning on the other.SAND: Rising P/E Assumptions Will Heighten Execution Risk On Cyclical Margins
The analyst fair value estimate for Sandvik has edged up from SEK 212.0 to about SEK 216.2, supported by a series of higher Street price targets in the SEK 355 to SEK 404 range as analysts factor in updated assumptions on growth, margins, and future P/E. Analyst Commentary Street research around Sandvik has recently clustered around higher price targets in the SEK 355 to SEK 404 range, with several large banks adjusting their models on growth, margins, and future P/E assumptions.
SAND: Higher Multiple Assumptions Will Likely Constrain Future Share Returns
Our updated fair value estimate for Sandvik moves to SEK 329.30 from SEK 282.56. This reflects analysts' refreshed price targets around SEK 350 and above, which are supported by assumptions of higher revenue growth, stronger profit margins, and a slightly richer future P/E multiple.Sandvik (STO:SAND) Has Announced That It Will Be Increasing Its Dividend To SEK6.00
Feb 13
SAND: Medium Term Cash Generation And Orders Will Support Future Earnings Power
Narrative update Our analyst price target for Sandvik moves slightly higher from SEK 375 to SEK 380. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E that are broadly in line with recent price target increases from several analysts, including those at Barclays, JPMorgan and Citi, alongside a more cautious stance from others.Sandvik AB (publ) (STO:SAND) Just Reported And Analysts Have Been Lifting Their Price Targets
Jan 31SAND: Medium Term Margin Expansion And Cash Generation Will Support Higher Future Earnings Power
Analysts have raised their fair value estimate for Sandvik from SEK 335 to about SEK 375, reflecting updated assumptions on margins and future P/E. Recent Street research has been mixed, with one firm setting a higher SEK 355 price target and another issuing a downgrade.SAND: Higher P/E Assumptions Will Expose Execution Risk Going Forward
Analysts have lifted their price target on Sandvik from about SEK 177 to SEK 212, reflecting updated assumptions on growth, profitability and P/E that are in line with recent target increases from Citi, RBC and Rothschild & Co Redburn. Analyst Commentary Recent Street research around Sandvik has centered on refreshed price targets and rating changes, giving you a clearer sense of how the market is framing risk and reward.Here's Why Sandvik (STO:SAND) Has Caught The Eye Of Investors
Jan 03SAND: Medium Term Margin Expansion And Cash Generation Will Drive Further Share Upside
The analyst price target for Sandvik has been increased modestly in SEK terms as analysts highlight slightly stronger revenue growth expectations, marginally higher profit margins and a marginally lower discount rate, offset by a small reduction in expected future P E multiples. Analyst Commentary Bullish analysts have become increasingly positive on Sandvik, with a series of price target hikes reflecting confidence in both the company’s execution and medium term growth profile.SAND: Medium Term Revenue Outlook Will Support Upside From Recent Buy Upgrades
We raise our Sandvik fair value estimate to SEK 335 from SEK 300, reflecting analysts' higher price targets and improved expectations for medium term revenue growth, which are partly offset by slightly lower margin assumptions and a marginally higher discount rate. Analyst Commentary Bullish analysts have recently reiterated a constructive stance on Sandvik, highlighting a combination of solid execution, improving end market conditions, and scope for further margin enhancement as key drivers of upside to the current share price.SAND: Price Upgrades Will Drive Near-Term Momentum Amid Sector Headwinds
Sandvik's analyst price target has been increased, with new targets ranging up to SEK 335, as analysts cite continued improvements in fundamentals and sustained positive momentum across recent research updates. Analyst Commentary Recent analyst research reflects a range of perspectives on Sandvik's outlook, marked chiefly by several upward price target revisions as well as a notable downgrade amid the broader sector context.SAND: Continued Execution Will Determine Fair Value Stability Amid Sector Shifts
Sandvik's analyst price target has increased modestly to SEK 282.56, as analysts cite a series of upward revisions from major institutions. This reflects continued optimism around the company's growth prospects.SAND: Recent Upgrades And Equipment Orders Will Shape Mining Outlook Ahead
Sandvik's analyst price target has increased from SEK 269.17 to SEK 282.56. Analysts cite recent upgrades and stronger growth expectations as reasons for the change.Electrification And Automation Products Will Shape Future Mining Markets
Sandvik's analyst price target has increased from SEK 257.06 to SEK 269.17. Analysts point to a series of recent upward target revisions, reflecting a more favorable outlook on the company's performance.Estimating The Intrinsic Value Of Sandvik AB (publ) (STO:SAND)
Oct 17Electrification And Automation Products Will Shape Future Mining Markets
Sandvik's analyst price target has been revised upwards from SEK 250.67 to SEK 257.06. This reflects improved sentiment as analysts cite increased earnings confidence and recent sector upgrades.Electrification And Automation Products Will Shape Future Mining Markets
Sandvik’s consensus price target has been revised upward to SEK250.67, reflecting analysts’ increased confidence driven by improved earnings momentum, strong order intake, and sound margin management, though some caution remains on valuation after recent share price gains. Analyst Commentary Bullish analysts cite improved earnings momentum and strong order intake supporting upward revisions to price targets.Pinning Down Sandvik AB (publ)'s (STO:SAND) P/E Is Difficult Right Now
Sep 09Electrification And Automation Products Will Shape Future Mining Markets
Analysts have raised Sandvik’s price target to SEK241.56, citing resilient demand in core markets, margin improvements, and continued strength in strategic segments such as mining and machining solutions. Analyst Commentary Bullish analysts have raised targets citing continued resilient demand in Sandvik's key end-markets.Is Sandvik (STO:SAND) A Risky Investment?
Aug 27What Is Sandvik AB (publ)'s (STO:SAND) Share Price Doing?
Aug 13A Look At The Fair Value Of Sandvik AB (publ) (STO:SAND)
Jun 21Sandvik (STO:SAND) Has A Pretty Healthy Balance Sheet
May 23Is There Now An Opportunity In Sandvik AB (publ) (STO:SAND)?
May 09
Innovative Mining Solutions And Tactical Acquisitions Propel Future Growth
Sandvik's focus on mining automation and industry innovations supports revenue growth and enhances competitive positioning amid high metal prices.Shareholder Returns
| SAND | SE Machinery | SE Market | |
|---|---|---|---|
| 7D | -4.3% | -3.5% | -3.7% |
| 1Y | 91.5% | 24.8% | 11.8% |
Return vs Industry: SAND exceeded the Swedish Machinery industry which returned 24.8% over the past year.
Return vs Market: SAND exceeded the Swedish Market which returned 11.8% over the past year.
Price Volatility
| SAND volatility | |
|---|---|
| SAND Average Weekly Movement | 4.9% |
| Machinery Industry Average Movement | 6.2% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in SE Market | 12.7% |
| 10% least volatile stocks in SE Market | 3.8% |
Stable Share Price: SAND has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: SAND's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1862 | 41,962 | Stefan Widing | www.home.sandvik |
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms. It provides cutting tools and tooling systems, and digital solutions and software; metal powder for additive manufacturing, and products made from controlled expansion alloys; and tungsten powders, as well as recycling services of secondary tungsten raw materials.
Sandvik AB (publ) Fundamentals Summary
| SAND fundamental statistics | |
|---|---|
| Market cap | SEK 480.56b |
| Earnings (TTM) | SEK 14.83b |
| Revenue (TTM) | SEK 122.06b |
32.4x
P/E Ratio3.9x
P/S RatioIs SAND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAND income statement (TTM) | |
|---|---|
| Revenue | SEK 122.06b |
| Cost of Revenue | SEK 73.16b |
| Gross Profit | SEK 48.91b |
| Other Expenses | SEK 34.08b |
| Earnings | SEK 14.83b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 17, 2026
| Earnings per share (EPS) | 11.82 |
| Gross Margin | 40.07% |
| Net Profit Margin | 12.15% |
| Debt/Equity Ratio | 35.7% |
How did SAND perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield51%
Payout RatioDoes SAND pay a reliable dividends?
See SAND dividend history and benchmarks| Sandvik dividend dates | |
|---|---|
| Ex Dividend Date | Apr 29 2026 |
| Dividend Pay Date | May 06 2026 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 5 days |
Does SAND pay a reliable dividends?
See SAND dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 22:46 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sandvik AB (publ) is covered by 48 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Vladimir Sergievskii | Barclays |
| Robert Bate | Barclays |