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
|
6301
|
CAT
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.38 | 14.94 | 23.66 |
Price/Book Value | 4.11 | 1.59 | 13.33 |
Price/Sales | 3.27 | 1.36 | 3.72 |
Price/Cash Flow | 15.23 | 9.24 | 18.78 |
|
Metric
|
SAND
|
6301
|
CAT
|
|---|---|---|---|
Quick Ratio | 0.80 | 1.06 | 0.77 |
Current Ratio | 1.62 | 2.11 | 1.37 |
Interest Coverage | 14.46 | 10.61 | 27.32 |
|
Metric
|
SAND
|
6301
|
CAT
|
|---|---|---|---|
Return on Assets (Normalized) | 10.84% | 6.68% | 11.55% |
Return on Equity (Normalized) | 19.99% | 12.35% | 56.29% |
Return on Invested Capital (Normalized) | 14.59% | 8.78% | 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