- The operating profit for Sandvik in the first quarter was SEK2.19 billion, which fell short of the estimated SEK2.97 billion.
- Sandvik’s operating margin was 7.6%, lower than the anticipated 9.52%.
- The Mining & Rock Solutions’ adjusted Ebita was lower than estimated at SEK2.61 billion, against an estimated SEK3.11 billion.
- Meanwhile, Manufacturing & Machining Solutions’ adjusted Ebita was nearly in line with the estimate at SEK2.49 billion versus the predicted SEK2.5 billion.
- However, the Rock Processing Solutions’ adjusted Ebita was SEK326 million, lower than the estimated SEK392.1 million.
- Currently, Sandvik’s rating stands at 12 buys, 13 holds, and 3 sells by investment analysts.
A look at Sandvik AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using the Smartkarma Smart Scores have provided a positive long-term outlook for Sandvik AB, a high-technology engineering group. With a strong overall outlook reflected in its scores, including Growth scoring 4 and Momentum scoring 4, Sandvik AB is positioned well for future expansion and market performance. The company’s focus on developing and manufacturing tools for various applications, along with its global presence, indicates a robust foundation for sustained growth in the industry.
The company’s balanced scores across different factors such as Value, Dividend, Growth, Resilience, and Momentum, with each scoring 3 or above, suggest a well-rounded investment opportunity. Sandvik AB‘s strategic positioning in providing tools for metalworking and rock excavation, as well as stainless steel products, further enhances its resilience in varying market conditions. Investors may find Sandvik AB an attractive prospect for long-term investment given its positive outlook and diversified product offerings.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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