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
Sandvik AB (publ) (SDVKF) - Net Assets
Latest net assets as of December 2025: $93.00 Billion USD
Based on the latest financial reports, Sandvik AB (publ) (SDVKF) has net assets worth $93.00 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($169.43 Billion) and total liabilities ($76.43 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 | $93.00 Billion |
| % of Total Assets | 54.89% |
| Annual Growth Rate | 6.9% |
| 5-Year Change | 20.26% |
| 10-Year Change | 136.71% |
| Growth Volatility | 10.56 |
Sandvik AB (publ) - Net Assets Trend (2005–2025)
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) (2005–2025)
The table below shows the annual net assets of Sandvik AB (publ) from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $93.00 Billion | -4.12% |
| 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 | -7.24% |
| 2012-12-31 | $36.23 Billion | +6.91% |
| 2011-12-31 | $33.89 Billion | +0.23% |
| 2010-12-31 | $33.81 Billion | +12.87% |
| 2009-12-31 | $29.96 Billion | -18.43% |
| 2008-12-31 | $36.73 Billion | +23.14% |
| 2007-12-31 | $29.82 Billion | +9.65% |
| 2006-12-31 | $27.20 Billion | +10.98% |
| 2005-12-31 | $24.51 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $92.93 Billion | 100.00% |
| Total Equity | $92.93 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 |
|---|---|
|
UCB SA
PINK:UCBJF
|
$20.38 Billion |
|
Banco Bradesco S.A.
SA:BBDC3
|
$20.38 Billion |
|
Schindler Holding AG
PINK:SHLAF
|
$20.43 Billion |
|
Halma PLC
PINK:HALMY
|
$20.44 Billion |
|
First Solar Inc
NASDAQ:FSLR
|
$20.32 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
$20.32 Billion |
|
Great Wall Motor Company Ltd
PINK:GWLLY
|
$20.31 Billion |
|
VeriSign Inc
NASDAQ:VRSN
|
$20.30 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 2024 to 2025, total equity changed from 96,924,000,000 to 92,932,290,000, a change of -3,991,710,000 (-4.1%).
- Net income of 14,653,150,000 contributed positively to equity growth.
- Dividend payments of 7,184,931,000 reduced retained earnings.
- Share repurchases of 5,985,000 reduced equity.
- Other comprehensive income decreased equity by 15,962,000,000.
- Other factors increased equity by 4,508,056,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.65 Billion | +15.77% |
| Dividends Paid | $7.18 Billion | -7.73% |
| Share Repurchases | $5.99 Million | -0.01% |
| Other Comprehensive Income | $-15.96 Billion | -17.18% |
| Other Changes | $4.51 Billion | +4.85% |
| Total Change | $- | -4.12% |
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: 0.27x
- 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 1.04x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $19.18 | $19.94 | x |
| 2006-12-31 | $21.96 | $19.94 | x |
| 2007-12-31 | $24.08 | $19.94 | x |
| 2008-12-31 | $29.98 | $19.94 | x |
| 2009-12-31 | $24.44 | $19.94 | x |
| 2010-12-31 | $27.46 | $19.94 | x |
| 2011-12-31 | $27.39 | $19.94 | x |
| 2012-12-31 | $29.00 | $19.94 | x |
| 2013-12-31 | $26.71 | $19.94 | x |
| 2014-12-31 | $29.13 | $19.94 | x |
| 2015-12-31 | $27.09 | $19.94 | x |
| 2016-12-31 | $31.25 | $19.94 | x |
| 2017-12-31 | $38.80 | $19.94 | x |
| 2018-12-31 | $46.50 | $19.94 | x |
| 2019-12-31 | $49.21 | $19.94 | x |
| 2020-12-31 | $51.81 | $19.94 | x |
| 2021-12-31 | $61.47 | $19.94 | x |
| 2022-12-31 | $64.71 | $19.94 | x |
| 2023-12-31 | $69.77 | $19.94 | x |
| 2024-12-31 | $77.18 | $19.94 | x |
| 2025-12-31 | $74.03 | $19.94 | 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): 15.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.17%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.82x
- Recent ROE (15.77%) is below the historical average (17.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 27.21% | 10.09% | 1.06x | 2.54x | $4.04 Billion |
| 2006 | 29.45% | 10.65% | 1.10x | 2.52x | $5.09 Billion |
| 2007 | 33.53% | 11.11% | 1.01x | 2.99x | $6.73 Billion |
| 2008 | 22.02% | 8.46% | 0.90x | 2.90x | $4.28 Billion |
| 2009 | -8.96% | -3.61% | 0.79x | 3.16x | $-5.49 Billion |
| 2010 | 21.31% | 8.40% | 0.92x | 2.76x | $3.68 Billion |
| 2011 | 16.92% | 5.84% | 0.95x | 3.04x | $2.25 Billion |
| 2012 | 22.44% | 8.23% | 0.95x | 2.88x | $4.49 Billion |
| 2013 | 14.96% | 5.74% | 0.93x | 2.80x | $1.66 Billion |
| 2014 | 16.45% | 6.77% | 0.84x | 2.91x | $2.36 Billion |
| 2015 | 6.61% | 2.62% | 0.85x | 2.98x | $-1.15 Billion |
| 2016 | 14.05% | 6.75% | 0.79x | 2.64x | $1.59 Billion |
| 2017 | 27.03% | 14.49% | 0.85x | 2.19x | $8.30 Billion |
| 2018 | 21.68% | 12.67% | 0.85x | 2.02x | $6.83 Billion |
| 2019 | 13.81% | 8.27% | 0.86x | 1.95x | $2.35 Billion |
| 2020 | 13.42% | 10.11% | 0.73x | 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 |
| 2025 | 15.77% | 12.17% | 0.71x | 1.82x | $5.36 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: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandvik AB (publ) (SDVKF) | $93.00 Billion | 27.21% | 0.82x | $20.36 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |