Obermatt

Sandvik

STO:SAND · SE0000667891
MachineryX-Large

360

90
EV / EBIT62
Price / Owner Earnings49
Owner Earnings Yield54
Dividend Yield41
Price/Sales12
EV / Gross Profit32
Price/Book17
Return on Capital46
Cash Return on Capital56
Return on Equity45
EBIT Margin55
Gross Profitability57
Cash Conversion78
Accruals81
Owner Earnings Margin64
Sales growth91
Profit Growth98
Long-Term EPS Growth91
Owner Earnings Growth78
Reinvestment68
Price momentum93
Debt load42
Refinancing37
Debt Payback49
Liquidity59
Analyst ratings14
Opinion Changes26
Price Target Upside25
Market mood85
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Sandvik generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySweden
IndustryMachinery
SizeX-Large
TypePublic Company
ExchangeOM
Founded2011
Employees14,457
ISINSE0000667891
Last UpdateApr 2, 2026
Themes
Disposal and RecyclingMining Technology3D PrintingIndustrial AutomationUrban MiningMining Equipment ProvidersInformation TechnologyManufacturingNatural ResourcesSoftware

Description

Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology. Business Segments The company operates through multiple business segments that cover a broad range o…

Analysis

Middle-of-the-road

Sandvik AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 25.8× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 10% yearly growth; analysts expect 17%. The price, in other words, assumes less than the experts do.

The trajectory is solid and accelerating and the balance sheet is adequate. The company scores 18/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
44
2023202420252026

All-time high

92

Jan 2023

All-time low

25

Feb 2026

Average rank

57

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
12
13
15
26
Price/Earnings
35
40
48
64
Price/Book
17
29
30
34
Dividend Yield
41
49
60
63
Value (overall)
13
28
34
37

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →