Sandvik delivered 25% organic revenue growth and 22.5% adjusted EBITA margin in the third quarter, helped by robust mining demand and tungsten-related gains in machining. Shares fell 4.5% intraday as investors questioned the durability of earnings.
Stronger-than-expected critical mineral demand could drive equipment orders and aftermarket volumes materially above our base case.
A persistent commodity price downturn would suppress mining capital expenditure and, over time, aftermarket volumes, pressuring the segment that generates approximately 54% of group adjusted EBITA.
|
Metric
|
SAND
|
EPI A
|
CAT
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.00 | 32.94 | 29.95 |
Price/Book Value | 4.04 | 6.84 | 16.91 |
Price/Sales | 3.22 | 4.89 | 4.46 |
Price/Cash Flow | 14.99 | 28.17 | 22.77 |
|
Metric
|
SAND
|
EPI A
|
CAT
|
|---|---|---|---|
Quick Ratio | 0.80 | 1.16 | 0.77 |
Current Ratio | 1.62 | 2.13 | 1.37 |
Interest Coverage | 14.46 | 21.54 | 27.32 |
|
Metric
|
SAND
|
EPI A
|
CAT
|
|---|---|---|---|
Return on Assets (Normalized) | 10.84% | 10.76% | 11.55% |
Return on Equity (Normalized) | 19.99% | 20.86% | 56.29% |
Return on Invested Capital (Normalized) | 14.59% | 14.77% | 18.42% |
|
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States