The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

SAND.ST

Concerning the House

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 provides cutting tools and tooling systems, and digital solutions and software; metal powder for additive manufacturing, and products made from controlled expansion alloys; and tungsten powders, as well as recycling services of secondary tungsten raw materials. It serves aerospace, automotive, mining, general engineering, infrastructure, and other industries. Sandvik AB (publ) was founded in 1862 and is headquartered in Stockholm, Sweden.

Sweden · www.home.sandvik

The Ledger
LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$29.70B$32.46B$30.68B
Gross profit$11.87B$12.91B$12.34B
Operating income$4.55B$5.88B$5.33B
Net income$3.22B$4.20B$3.88B
Diluted EPS2.563.353.09
Free cash flow$3.35B$6.38B$3.85B
CapEx-$950.00M-$1.02B-$757.00M
Quotation

$365.60

-2.60 (-0.7%)

52w hi$411.80
52w lo$231.33
Vol2.67M
As ofAug 13
The Verdict

Hold

Our score +0.12

Short-0.13
Medium+0.14
Long+0.59

computed 2026-08-13

By the Numbers

Sandvik AB (publ)

Industrials · Specialty Industrial Machinery

Market cap$449.82B
Enterprise value$498.18B
Trailing P/E26.72x
Forward P/E26.37x
EV / EBITDA16.99x
P / S (ttm)3.48x
Profit margin13.1%
Return on equity17.9%
Revenue growth+23.7%
Earnings growth+62.9%
Debt / equity42.91
Risk Metrics
Beta vs SPX0.60
Corr SPX0.35
Annual vol28.8%
Annual ret+29.2%
Sharpe1.01
Max DD-27.8%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.46
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$365.00$366.20$358.602.67M
Aug 12$370.00$370.00$364.40$365.60882.23K
Aug 11$365.70$370.80$364.70$368.20981.95K
Aug 10$365.00$369.80$364.40$367.101.06M
Aug 7$366.50$370.50$364.90$365.301.43M