Sandvik AB (publ) (SVKB) - Net Assets
Based on the latest financial reports, Sandvik AB (publ) (SVKB) has net assets worth €87.72 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€173.49 Billion) and total liabilities (€85.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €87.72 Billion |
| % of Total Assets | 50.56% |
| Annual Growth Rate | 10.11% |
| 5-Year Change | 49.04% |
| 10-Year Change | 184.79% |
| Growth Volatility | 8.36 |
Sandvik AB (publ) - Net Assets Trend (2013–2024)
This chart illustrates how Sandvik AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sandvik AB (publ) (2013–2024)
The table below shows the annual net assets of Sandvik AB (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €97.00 Billion | +10.61% |
| 2023-12-31 | €87.70 Billion | +7.91% |
| 2022-12-31 | €81.27 Billion | +5.09% |
| 2021-12-31 | €77.33 Billion | +18.82% |
| 2020-12-31 | €65.08 Billion | +5.21% |
| 2019-12-31 | €61.86 Billion | +5.71% |
| 2018-12-31 | €58.52 Billion | +19.99% |
| 2017-12-31 | €48.77 Billion | +24.13% |
| 2016-12-31 | €39.29 Billion | +15.36% |
| 2015-12-31 | €34.06 Billion | -7.12% |
| 2014-12-31 | €36.67 Billion | +9.11% |
| 2013-12-31 | €33.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sandvik AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 199.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €71.78 Billion | 74.06% |
| Other Components | €25.14 Billion | 25.94% |
| Total Equity | €96.92 Billion | 100.00% |
Sandvik AB (publ) Competitors by Market Cap
The table below lists competitors of Sandvik AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heidelberg Materials AG
XETRA:HEI
|
$32.42 Billion |
|
Qnb Finansbank AS
IS:QNBTR
|
$32.43 Billion |
|
Barrick Gold Corp
NYSE:GOLD
|
$32.43 Billion |
|
Alcon Inc.
XETRA:2U3
|
$32.45 Billion |
|
Telefonaktiebolaget LM Ericsson (publ)
F:ERCA
|
$32.28 Billion |
|
Kenvue Inc.
NYSE:KVUE
|
$32.24 Billion |
|
Archer-Daniels-Midland Company
NYSE:ADM
|
$32.22 Billion |
|
Orsted A/S
CO:ORSTED
|
$32.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sandvik AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,631,000,000 to 96,924,000,000, a change of 9,293,000,000 (10.6%).
- Net income of 12,243,000,000 contributed positively to equity growth.
- Dividend payments of 6,880,000,000 reduced retained earnings.
- Share repurchases of 61,000,000 reduced equity.
- Other factors increased equity by 3,991,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.24 Billion | +12.63% |
| Dividends Paid | €6.88 Billion | -7.1% |
| Share Repurchases | €61.00 Million | -0.06% |
| Other Changes | €3.99 Billion | +4.12% |
| Total Change | €- | 10.60% |
Book Value vs Market Value Analysis
This analysis compares Sandvik AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.94x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €38.86 | €36.49 | x |
| 2018-12-31 | €46.62 | €36.49 | x |
| 2019-12-31 | €49.30 | €36.49 | x |
| 2020-12-31 | €51.88 | €36.49 | x |
| 2021-12-31 | €61.54 | €36.49 | x |
| 2022-12-31 | €64.75 | €36.49 | x |
| 2023-12-31 | €69.86 | €36.49 | x |
| 2024-12-31 | €77.27 | €36.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sandvik AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.96%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.90x
- Recent ROE (12.63%) is below the historical average (15.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.96% | 5.74% | 0.93x | 2.80x | €1.66 Billion |
| 2014 | 16.45% | 7.28% | 0.78x | 2.91x | €2.36 Billion |
| 2015 | 6.61% | 2.62% | 0.85x | 2.98x | €-1.15 Billion |
| 2016 | 14.05% | 6.81% | 0.78x | 2.64x | €1.59 Billion |
| 2017 | 27.07% | 14.69% | 0.84x | 2.19x | €8.32 Billion |
| 2018 | 21.74% | 12.70% | 0.85x | 2.02x | €6.87 Billion |
| 2019 | 13.81% | 8.36% | 0.85x | 1.95x | €2.35 Billion |
| 2020 | 13.42% | 10.21% | 0.72x | 1.83x | €2.23 Billion |
| 2021 | 18.73% | 14.59% | 0.64x | 2.01x | €6.74 Billion |
| 2022 | 13.80% | 9.98% | 0.64x | 2.18x | €3.09 Billion |
| 2023 | 17.46% | 12.09% | 0.73x | 1.99x | €6.54 Billion |
| 2024 | 12.63% | 9.96% | 0.67x | 1.90x | €2.55 Billion |
Industry Comparison
This section compares Sandvik AB (publ)'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $27,516,146,042
- Average return on equity (ROE) among peers: -1.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandvik AB (publ) (SVKB) | €87.72 Billion | 14.96% | 0.98x | $32.40 Billion |
| BALYO S.A. EO -08 (1BO) | $-12.06 Million | 0.00% | 0.00x | $100.63 Million |
| GATES IND.CORP PLC DL-01 (1JL) | $3.44 Billion | 6.41% | 1.09x | $5.05 Billion |
| MORIMATSU INT.H.C. (HK) (1S5) | $4.39 Billion | 19.24% | 1.03x | $915.38 Million |
| Hirata Corporation (1ZM) | $52.00 Billion | 7.84% | 0.78x | $463.68 Million |
| 2G Energy AG (2GB) | $108.62 Million | 15.09% | 0.95x | $670.96 Million |
| XEROS TECHNO.GRP LS-001 (2X40) | $7.06 Million | -91.16% | 0.19x | $11.50 Million |
| Star Micronics Co., Ltd. (2ZN) | $74.43 Billion | 2.49% | 0.25x | $560.01 Million |
| Arcure S.A. (340) | $6.82 Million | 26.39% | 1.76x | $14.87 Million |
| Nabtesco Corporation (3N8) | $139.47 Billion | 10.74% | 0.68x | $2.95 Billion |
| The Weir Group PLC (42W) | $1.32 Billion | -11.35% | 1.70x | $8.93 Billion |
About Sandvik AB (publ)
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 cr… Read more