SAND.ST · Intrinsic value
Is Sandvik AB (publ) (SAND.ST) overvalued or undervalued?
As of Oct 19, 2026, TickerWorth's valuation lenses put Sandvik AB (publ) (SAND.ST) at SEK 70.39 – SEK 420.34, too broad a range to say where the delayed market price of SEK 356.10 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
What is SAND.ST worth?
- Fair-value range
- SEK 70.39 – SEK 420.34
- Market price
- SEK 356.10
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of 20.3% a year for 5 years; our model assumes 13.6% a year on average over the same horizon.
What is SAND.ST's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Industrials companies in Europe
Its strongest point: a profitable, high-quality business. Its weakest: trades above our estimate of what it's worth.
- Value · 38 of 100
Cheaper than 38% of Industrials companies in Europe
- Price vs worth · 28 of 100
- Quality · 69 of 100
More profitable than 69% of Industrials companies in Europe
- Financial health · 62 of 100
Financially stronger than 62% of Industrials companies in Europe
- Growth · 62 of 100
Growing faster than 62% of Industrials companies in Europe
- Momentum · 70 of 100
Outperformed 70% of Industrials companies in Europe over the past year
Confidence: Medium confidence · Scored
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Why SAND.ST gets a range, not one number
At a recent price of 356.10, Sandvik AB (publ) (SAND.ST) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between 70.39 and 420.34 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Sandvik AB (publ)'s projected free cash flows at a weighted-average cost of capital (WACC) of 10.9%, with a long-run terminal growth rate of 2.5%. About 70% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 20.3% annual revenue growth for SAND.ST. Our base case instead compounds to about 13.6% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, SAND.ST's modeled DCF value ranges from about 215.18 to 402.62 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Sandvik AB (publ) would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of SAND.ST's intrinsic value. Figures update as new filings and prices come in.
Every input behind SAND.ST's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | 129,116,000,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 19.7% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 24% → 19% → 14% → 9% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.30 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 1,254M |
| Market priceLast known price · as of 2026-10-19 13:19 UTC | 356.10 |
Change SAND.ST's assumptions
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What does Sandvik AB (publ) do?
What does it do?
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms. It operates in the Specialty Industrial Machinery industry (Industrials sector), headquartered in Sweden. The company employs roughly 42,373 people.
How does it make money?
The business turns 129.1B in annual revenue into profit. Out of every $100 of sales, about $20 is left as operating profit (operating margin of 19.7%), after a 40% gross margin on the products/services it sells. After all costs, taxes and interest, 13.1% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks mixed: carries modest debt (0.4× equity), comfortably covers its short-term bills (1.6× current ratio), and is currently profitable.
SAND.ST insider trading
Insider filings are available for US-listed companies only.
Common questions
What is SAND.ST's intrinsic value?
TickerWorth's valuation lenses put Sandvik AB (publ) (SAND.ST) between 70.39 and 420.34 per share, versus a market price of 356.10. They disagree too widely for us to state a single fair value, so we publish the range.
Is SAND.ST overvalued or undervalued?
At 356.10 the price sits inside a range too wide to call either way. We don't call SAND.ST overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for SAND.ST?
A WACC of 10.9% and a terminal growth rate of 2.5%.
Is Sandvik AB (publ) stock undervalued?
TickerWorth's fair-value range for Sandvik AB (publ) (SAND.ST) is SEK 70.39 – SEK 420.34 against a market price of SEK 356.10. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
Sandvik AB (publ) (SAND.ST) DCF valuation and fair value
Our fair-value range for Sandvik AB (publ) (SAND.ST) is SEK 70.39 – SEK 420.34, built on a 10.9% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Sandvik AB (publ) stock?
Today's price implies revenue growth of 20.3% a year for 5 years; our model assumes 13.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of SEK 356.10. A model estimate, not investment advice.
Sandvik AB (publ) (SAND.ST) insider trading
We have no recent SEC Form 4 insider filings on file for Sandvik AB (publ) (SAND.ST). Form 4 covers US-listed companies only.
Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.