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Sandvik AB (OSTO:SAND) Cyclically Adjusted Price-to-FCF : 22.89 (As of Mar. 04, 2025)


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What is Sandvik AB Cyclically Adjusted Price-to-FCF?

As of today (2025-03-04), Sandvik AB's current share price is kr233.20. Sandvik AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was kr10.19. Sandvik AB's Cyclically Adjusted Price-to-FCF for today is 22.89.

The historical rank and industry rank for Sandvik AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSTO:SAND' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.45   Med: 25.36   Max: 35.42
Current: 22.93

During the past years, Sandvik AB's highest Cyclically Adjusted Price-to-FCF was 35.42. The lowest was 18.45. And the median was 25.36.

OSTO:SAND's Cyclically Adjusted Price-to-FCF is ranked better than
67.47% of 953 companies
in the Industrial Products industry
Industry Median: 35.14 vs OSTO:SAND: 22.93

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Sandvik AB's adjusted free cash flow per share data for the three months ended in Dec. 2024 was kr5.256. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr10.19 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandvik AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sandvik AB's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Sandvik AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.53 33.13 23.60 23.34 19.46

Sandvik AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Price-to-FCF 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 23.34 24.79 21.92 23.07 19.46

Competitive Comparison of Sandvik AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Sandvik AB's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sandvik AB's Cyclically Adjusted Price-to-FCF falls into.



Sandvik AB Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Sandvik AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=233.20/10.19
=22.89

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Sandvik AB's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.256/132.9872*132.9872
=5.256

Current CPI (Dec. 2024) = 132.9872.

Sandvik AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.496 99.950 1.990
201506 1.421 99.995 1.890
201509 2.365 100.228 3.138
201512 0.886 100.276 1.175
201603 0.686 100.751 0.905
201606 0.901 101.019 1.186
201609 2.915 101.138 3.833
201612 2.143 102.022 2.793
201703 1.992 102.022 2.597
201706 1.342 102.752 1.737
201709 2.407 103.279 3.099
201712 2.778 103.793 3.559
201803 0.782 103.962 1.000
201806 0.999 104.875 1.267
201809 3.485 105.679 4.386
201812 3.484 105.912 4.375
201903 1.706 105.886 2.143
201906 1.366 106.742 1.702
201909 4.213 107.214 5.226
201912 2.867 107.766 3.538
202003 1.595 106.563 1.991
202006 1.561 107.498 1.931
202009 3.242 107.635 4.006
202012 3.243 108.296 3.982
202103 1.425 108.360 1.749
202106 1.714 108.928 2.093
202109 2.574 110.338 3.102
202112 1.929 112.486 2.281
202203 0.244 114.825 0.283
202206 -1.938 118.384 -2.177
202209 1.437 122.296 1.563
202212 5.722 126.365 6.022
202303 2.207 127.042 2.310
202306 2.053 129.407 2.110
202309 3.660 130.224 3.738
202312 2.785 131.912 2.808
202403 2.074 132.205 2.086
202406 0.836 132.716 0.838
202409 4.389 132.304 4.412
202412 5.256 132.987 5.256

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Sandvik AB  (OSTO:SAND) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Sandvik AB Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Sandvik AB's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Sandvik AB Business Description

Industry
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.