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Sandvik AB (Sandvik AB) Market Cap : $26,183 Mil (As of Apr. 29, 2024)


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What is Sandvik AB Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sandvik AB's share price for the quarter that ended in Mar. 2024 was $22.345. Sandvik AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,254 Mil. Therefore, Sandvik AB's market cap for the quarter that ended in Mar. 2024 was $28,029 Mil.

Sandvik AB's quarterly market cap increased from Sep. 2023 ($23,366 Mil) to Dec. 2023 ($27,316 Mil) and increased from Dec. 2023 ($27,316 Mil) to Mar. 2024 ($28,029 Mil).

Sandvik AB's annual market cap declined from Dec. 2021 ($33,404 Mil) to Dec. 2022 ($22,918 Mil) but then increased from Dec. 2022 ($22,918 Mil) to Dec. 2023 ($27,316 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sandvik AB's Enterprise Value for Today is $30,189 Mil.


Sandvik AB Market Cap Historical Data

The historical data trend for Sandvik AB's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sandvik AB Market Cap Chart

Sandvik AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,824.38 30,393.87 33,404.41 22,917.71 27,315.60

Sandvik AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26,197.94 25,150.52 23,366.15 27,315.60 28,029.34

Competitive Comparison of Sandvik AB's Market Cap

For the Specialty Industrial Machinery subindustry, Sandvik AB's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sandvik AB's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Sandvik AB's Market Cap falls into.



Sandvik AB Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Sandvik AB's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$21.776*1254.39
=$27,316

Sandvik AB's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$22.345*1254.39
=$28,029

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sandvik AB  (OTCPK:SDVKF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Sandvik AB Market Cap Related Terms

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Sandvik AB (Sandvik AB) Business Description

Address
Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.