Sandvik AB (MEX:SANDN) EBIT: MXN41,978 Mil (TTM As of Mar. 2026)


MEX:SANDN Sandvik AB MEX:SANDN
81 GF Score
Price MXN730.55
GF Value MXN264.37
! 7 Warning Signs
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What is Sandvik AB EBIT?

Sandvik AB MEX:SANDN 81 EBIT is MXN41,978 Mil as of Mar. 2026. GuruFocus rates MEX:SANDN with a GF Score™ of 81/100 and a GF Value™ of MXN264.37. The stock has 7 warning signs investors should review.

Sandvik AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN10,637 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN41,978 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sandvik AB's annualized ROC % for the quarter that ended in Mar. 2026 was 9.95%. Sandvik AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sandvik AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.49%.


Sandvik AB  (MEX:SANDN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sandvik AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=41263.164 * ( 1 - 23.89% )/( (294434.414 + 336772.846)/ 2 )
=31405.3941204/315603.63
=9.95 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=329095.411 - 25055.115 - ( 9605.882 - max(0, 69967.165 - 135423.943+9605.882))
=294434.414

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=352695.551 - 0 - ( 15922.705 - max(0, 77921.965 - 152627.262+15922.705))
=336772.846

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sandvik AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42548.284/( ( (53758.45 + max(49403.06, 0)) + (53824.044 + max(68784.845, 0)) )/ 2 )
=42548.284/( ( 103161.51 + 122608.889 )/ 2 )
=42548.284/112885.1995
=37.69 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37964.351 + 64360.182 + 7172.442) - (25055.115 + 0 + 35038.8)
=49403.06

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65647.528 + 70313.827 + 743.20199999999) - (0 + 0 + 67919.712)
=68784.845

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sandvik AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=41977.594/934598.975
=4.49 %

* 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 EBIT Related Terms


Sandvik AB EBIT Historical Data

* Premium members only.

The historical data trend for Sandvik AB's EBIT 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.

Sandvik AB EBIT Chart

Sandvik AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39,849.47 36,403.30 37,093.94 36,095.46 41,232.83

Sandvik AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 10,924.85 9,294.11 10,386.83 11,659.58 10,637.07

MEX:SANDN vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Sandvik AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sandvik AB's EV-to-EBIT falls into.


MEX:SANDN
81GF Score
Sandvik AB MEX:SANDN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandvik AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN41,978 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN41,978 Mil mean?
Sandvik AB (MEX:SANDN) has a EBIT of MXN41,978 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sandvik AB.
Is Sandvik AB's EBIT too high?
Sandvik AB's current EBIT is MXN41,978 Mil. Overall, Sandvik AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Sandvik AB's EBIT compare to GEV and ETN?
Sandvik AB's EBIT of MXN41,978 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sandvik AB. Sandvik AB's current EBIT is MXN41,978 Mil. 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?
Sandvik AB (MEX:SANDN) has a current EBIT of MXN41,978 Mil. The stock's GF Value™ is MXN264.37, compared to a current price of MXN730.55 — trading 176.3% above its estimated fair value. The current EBIT is MXN41,978 Mil. Sandvik AB's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sandvik AB (MEX:SANDN), the current EBIT is MXN41,978 Mil as of Mar. 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 (MEX:SANDN) Overvalued in 2026?

Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued. The current stock price of MXN730.55 is trading 176.3% above its estimated GF Value™ of MXN264.37.

Key valuation signals for MEX:SANDN:

  • EBIT: MXN41,978 Mil
  • GF Value™: MXN264.37 vs. price of MXN730.55 (176.3% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the MEX:SANDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sandvik AB Business Description

Address Kungsbron 1, Section G, Floor 5, Stockholm, SWE, 111 22
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.
81GF Score

Get the complete analysis for MEX:SANDN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN730.55
Price
MXN264.37
GF Value