Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sandvik ABSDVKF -9.18%87 Debt-to-Equity is 0.43 as of Jun. 2026, which is 16% below its 10-year median of 0.51. GuruFocus rates SDVKF with a GF Score™ of 87/100 and a GF Value™ of $24.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,683 Industrial Products companies, Sandvik AB ranks worse than 63.03% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Sandvik AB's Debt-to-Equity or its related term are showing as below:
SDVKF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.51 Max: 1.19
Current: 0.43
During the past 13 years, the highest Debt-to-Equity Ratio of Sandvik AB was 1.19. The lowest was 0.28. And the median was 0.51.
SDVKF's Debt-to-Equity is ranked worse than 63.03% of 2683
companies
in the Industrial Products industry
Industry Median: 0.28
vs SDVKF: 0.43
Sandvik AB (OTCPK:SDVKF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Sandvik AB Debt-to-Equity Related Terms
Sandvik AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Sandvik AB's Debt-to-Equity 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.
For the Specialty Industrial Machinery subindustry, Sandvik AB's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sandvik AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Sandvik AB's Debt-to-Equity falls into.
* 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 (SDVKF) has a Debt-to-Equity of 0.43 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sandvik AB and its competitors. This is 16% below median its historical median of 0.51. Over the past decade, Sandvik AB's Debt-to-Equity has ranged from 0.28 to 1.19. According to the industry distribution chart, Sandvik AB ranks #1691 out of 2683 companies in the Industrial Products industry, placing it in the top 63%.
Is Sandvik AB's Debt-to-Equity too high?
Sandvik AB's current Debt-to-Equity of 0.43 is 16% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.19. The Industrial Products industry median Debt-to-Equity is 0.28. Sandvik AB's value of 0.43 is 53.6% above this industry median. Based on the distribution chart, Sandvik AB ranks #1691 out of 2683 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sandvik AB has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandvik AB's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sandvik AB ranks #1691 out of 2683 companies for Debt-to-Equity. This places Sandvik AB in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Sandvik AB's value of 0.43 is 53.6% above this benchmark. Historically, Sandvik AB's own Debt-to-Equity has ranged from 0.28 to 1.19 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.28, Sandvik AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sandvik AB's current Debt-to-Equity of 0.43 is 53.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sandvik AB and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandvik AB's current Debt-to-Equity is 0.43, which is 16% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandvik AB stock overvalued right now?
Based on GuruFocus' analysis, Sandvik AB (SDVKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.36, compared to a current price of $36.21 — trading 48.6% above its estimated fair value. The current Debt-to-Equity is 0.43, which is 16% below median its 10-year median of 0.51 and 53.6% above the Industrial Products industry median of 0.28. Sandvik AB's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Sandvik AB (SDVKF), the current Debt-to-Equity is 0.43 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sandvik AB (SDVKF) Overvalued in 2026?
Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued.
The current stock price of $36.21 is trading 48.6% above its estimated GF Value™ of $24.36.
GuruFocus considers Sandvik AB to be Significantly Overvalued.
Key valuation signals for SDVKF:
Debt-to-Equity: 0.43 (16% below median its 10-year median of 0.51)
GF Value™: $24.36 vs. price of $36.21 (48.6% above fair value)
Industry Position: 53.6% above the Industrial Products median (#1691 of 2683)
No single metric tells the full story. See the SDVKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.
87GF Score
Get the complete analysis for SDVKF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SDVKF has been successfully added to your 
