Sandvik Stock

Sandvik EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Sandvik (SAND.ST) as of Aug 7, 2026 is 22.67. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 25.66 — a change of -11.65% (lower).

EV/EBIT

22.67

YoY

-11.65%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Sandvik is 2026 22.67 . EV/EBIT (Enterprise Value to EBIT) of Sandvik was 2025 25.66 . It decreases by -11.65% lower compared to the previous year.

The Sandvik EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
16.29 base
Jan 1, 2020
20.11 base
Jan 1, 2021
15.92 base
Jan 1, 2022
12.72 base
Jan 1, 2023
12.22 base
Jan 1, 2024
13.52 base
Jan 1, 2025
18.09 base
Jan 1, 2026 (e)
19.01 base
YEARPRICE-TO-EBIT
2026 est 19.01
2025 18.09
2024 13.52
2023 12.22
2022 12.72
2021 15.92
2020 20.11
2019 16.29
2018 8.07
2017 9.48
2016 12.02
2015 12.16
2014 9.01
2013 12.54
2012 9.16
2011 9.23
2010 13.42
2009 -69.09
2008 -
2007 -
2006 -
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Sandvik Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Sandvik's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Sandvik's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Sandvik's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Sandvik grows earnings faster than its peers.

Sandvik Stock analysis

What does Sandvik do? The Sandvik AB, based in Stockholm, is an internationally operating corporation specializing in the production and supply of products and solutions for the mining, construction, materials science, and manufacturing technology sectors. The company was founded in 1862 by Göran Fredrik Göransson and has since had a long and eventful history. Originally known as a small ironmongery firm primarily producing nails, Sandvik quickly grew and over the years became a significant manufacturer of tools and equipment for various industries. In the 1980s, the company expanded heavily and increased its production capacities in Europe and North America. Today, Sandvik has a global presence and operates in over 150 countries. Sandvik's business model is based on a clear focus on its customers' needs. Through intensive collaboration with its customers, Sandvik develops innovative products and solutions tailored to their individual requirements. The company places great value on quality, sustainability, and efficiency. Sandvik specializes in various divisions, each offering different products and solutions. The main divisions include mining and rock technology, construction, machining, cutting tools, and process systems. Each of these divisions specializes in a specific niche and provides customized solutions. In the mining and rock technology division, Sandvik produces equipment and solutions used in mines and quarries. This includes drills, crushers, underground mining trucks, and loaders. The construction division specializes in solutions for the construction industry, offering products such as drilling and blasting technology, concrete pumps, and cutting tools. Sandvik's machining division specializes in the manufacture of tools and machines for the machining of metals and other materials. In the cutting tools division, Sandvik develops high-quality tools for the production of workpieces made of metal, plastics, and composite materials. Finally, the process systems division offers various solutions for the processing of raw materials and chemical products. Some of Sandvik's most well-known products include cutting tools, equipment and systems for raw material and mineral extraction, turbine blades and components for the aviation industry, machining tools, pumps and valves for the chemical and oil industries, as well as specialty alloy wires and tubes. Over the years, Sandvik has also established a strong presence in the field of research and development. The company invests a considerable sum each year in the development of new products and technologies to always provide its customers with the best solutions. Collaboration with renowned universities and industry partners is an important source of innovation for Sandvik. In summary, Sandvik AB is one of the leading companies in the production and supply of products and solutions for the mining, construction, materials science, and manufacturing technology sectors. The company has a long and rich history and has a strong global presence. Sandvik's business model is based on intensive collaboration with its customers and a clear focus on quality, sustainability, and efficiency. With its innovative products and solutions, Sandvik holds a high position in the industry and will continue to be an important partner for its customers in the future. Sandvik is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Sandvik stock

EV/EBIT (Enterprise Value to EBIT) of Sandvik is 22.67 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Sandvik changed from 25.66 to 22.67, representing a -11.65% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Sandvik since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Sandvik with sector peers and the industry average to assess whether it is attractive.

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