Risk factor
Negligible price volatility
Profitability factor
Strong margins and returns
About
Sandvik AB (publ) is a global engineering conglomerate based in Stockholm, Sweden, specializing in providing cutting-edge solutions across various industrial domains. Its core operations encompass mining and rock excavation, mineral processing, sophisticated manufacturing, and advanced materials technology. For the mining and rock sector, Sandvik offers a comprehensive portfolio of equipment, including drill rigs, subterranean loaders and haulage vehicles, rock drilling tools, along with essential spare parts, services, and integrated digital and sustainability solutions. The company also excels in rock processing applications, supplying machinery for crushing, screening, feeding, breaking, demolition, and recycling. In manufacturing, Sandvik delivers advanced metal cutting solutions through prominent brands such as Sandvik Coromant, Walter, Wolfram, Seco, and Dormer Pramet, developing specialized tools and tooling systems for precision metalworking. Furthermore, it is a key developer and producer of advanced metallic materials, including high-performance stainless steels, powder-based alloys, and other bespoke special alloys. Established in 1862, Sandvik serves a broad spectrum of industries, including aerospace, automotive, construction, mining, general engineering, nuclear power generation, oil and gas, process industries, and renewable energy.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of SAND.ST is 385 and suggests 4.64% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat