Sandvik ABMEX:SANDN 81 Interest Coverage is 13.26 as of Mar. 2026, which is 15% above its 10-year median of 11.55. 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. Among 2,330 Industrial Products companies, Sandvik AB ranks worse than 57% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Sandvik AB's
Operating Income
for the
three
months ended in Mar. 2026 was MXN10,316 Mil. Sandvik AB's Interest Expense for the
three
months ended in Mar. 2026 was MXN-778 Mil.
Sandvik AB's interest coverage for the quarter that ended in Mar. 2026 was 13.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Sandvik AB's Interest Coverage or its related term are showing as below:
MEX:SANDN'
s Interest Coverage Range Over the Past 10 Years
Min: 6.53 Med: 11.55 Max: 20.69
Current: 11.06
MEX:SANDN's Interest Coverage is ranked worse than 57% of 2330
companies
in the Industrial Products industry
Industry Median: 14.835
vs MEX:SANDN: 11.06
Sandvik AB (MEX:SANDN) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Sandvik AB Interest Coverage Related Terms
Sandvik AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for Sandvik AB's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:SANDN vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Sandvik AB's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sandvik AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sandvik AB's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:SANDN) has a Interest Coverage of 13.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sandvik AB and its competitors. This is 15% above median its historical median of 11.55. Over the past decade, Sandvik AB's Interest Coverage has ranged from 6.53 to 20.69. According to the industry distribution chart, Sandvik AB ranks #1328 out of 2330 companies in the Industrial Products industry, placing it in the top 57%.
Is Sandvik AB's Interest Coverage too high?
Sandvik AB's current Interest Coverage of 13.26 is 15% above median its 10-year median of 11.55. Over the past 10 years, this metric has ranged from a low of 6.53 to a high of 20.69. The Industrial Products industry median Interest Coverage is 14.84. Sandvik AB's value of 13.26 is 10.6% below this industry median. Based on the distribution chart, Sandvik AB ranks #1328 out of 2330 companies in the Industrial Products industry, which is below the industry midpoint. 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 Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sandvik AB ranks #1328 out of 2330 companies for Interest Coverage. This places Sandvik AB in the lower half of its industry. The industry median Interest Coverage is 14.84. Sandvik AB's value of 13.26 is 10.6% below this benchmark. Historically, Sandvik AB's own Interest Coverage has ranged from 6.53 to 20.69 over the past decade. While the company's 10-year median is 11.55 vs. the industry median of 14.84, Sandvik AB has consistently been below 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,330 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sandvik AB's current Interest Coverage of 13.26 is 10.6% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sandvik AB and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandvik AB's current Interest Coverage is 13.26, which is 15% above median its own 10-year median of 11.55. 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 Interest Coverage of 13.26. 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 Interest Coverage is 13.26, which is 15% above median its 10-year median of 11.55 and 10.6% below the Industrial Products industry median of 14.84. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sandvik AB (MEX:SANDN), the current Interest Coverage is 13.26 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:
Interest Coverage: 13.26 (15% above median its 10-year median of 11.55)
GF Value™: MXN264.37 vs. price of MXN730.55 (176.3% above fair value)
Industry Position: 10.6% below the Industrial Products median (#1328 of 2330)
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 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
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