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Morningstar

Sandvik AB ADR SDVKY Stock Quote

Morningstar Rating
| Rating as of

PINX: SDVKY

Last close prices updated as of Jan 27, 2023, 12:30 PM EST | USD
  • Last Close 21.12
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Large Growth
  • Day Range 21.09  –  21.31
  • Year Range 12.81  –  26.70
  • Market Cap 26.6682 Bil
  • Volume / Avg 19,838.0 /  87,132.3
  • Price / Sales 2.26
  • Price / Book 3.39
  • Forward Div Yield 2.40%
  • Trailing Div Yield 5.64%

Morningstar‘s Stock Analysis SDVKY

Valuation
Currency in —
Is it the right time to buy or sell?
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Is it the right time to buy or sell?
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Sandvik Closes Out a Solid Year, Alleviating Immediate Macroeconomic Concerns; Shares Fairly Valued

Matthew Donen Equity Analyst

Analyst Note

| Matthew Donen |

Narrow-moat Sandvik delivered impressive full-year results, reporting organic order and revenue growth (excluding its divestment from Russia) of 9% and 12%, respectively. Fourth-quarter performance was also solid, as well as the first few trading weeks of 2023, which will help alleviate investor concerns (at least for the time being) about the general health of the economy and its impact on the short-cycle nature of Sandvik’s business. Organic order intake grew 2% during the fourth quarter, despite a slowdown in demand for mining and construction equipment, with strong demand for mining aftermarket services and manufacturing activity in North America remaining robust. We reiterate our SEK 193 fair value estimate and view shares as fairly valued.

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Key Statistics SDVKY

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Company Profile SDVKY

Business Description

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company’s core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 35%, followed by North America 22%, Asia 20%, Africa/Middle East 9%, Australia 9%, and South America 5%.

Contact
Kungsbron 1, Section G, Floor 6, World Trade Center
Stockholm, 111 22, SWE
Sector Industrials
Industry Specialty Industrial Machinery
Employees 42,093

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Related News SDVKY

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FAQs for Sandvik AB ADR Stock

No. SDVKY does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SDVKY’s market cap is 26.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SDVKY’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SDVKY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SDVKY’s historical performance against its industry peers and the overall market.