Sandvik ABSDVKF 82 Net Current Asset Value is $-0.26 as of Mar. 2026. GuruFocus rates SDVKF with a GF Score™ of 82/100 and a GF Value™ of $22.69 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,216 Industrial Products companies, Sandvik AB ranks worse than 45126.31% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Sandvik AB's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.26.
The historical rank and industry rank for Sandvik AB's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sandvik AB was 1139.71. The lowest was 17.03. And the median was 33.04.
SDVKF's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.47 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Sandvik AB (OTCPK:SDVKF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Sandvik AB Net Current Asset Value Related Terms
Sandvik AB Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Sandvik AB's Net Current Asset Value 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.
SDVKF vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Sandvik AB's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sandvik AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sandvik AB's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of $-0.26 mean?
Sandvik AB (SDVKF) has a Net Current Asset Value of $-0.26 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Sandvik AB and its competitors. Over the past decade, Sandvik AB's Net Current Asset Value has ranged from 17.03 to 1,139.71. According to the industry distribution chart, Sandvik AB ranks #999999 out of 2216 companies in the Industrial Products industry.
Is Sandvik AB's Net Current Asset Value too high?
Sandvik AB's current Net Current Asset Value is $-0.26. Over the past 10 years, this metric has ranged from a low of 17.03 to a high of 1,139.71. Based on the distribution chart, Sandvik AB ranks #999999 out of 2216 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sandvik AB has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandvik AB's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sandvik AB ranks #999999 out of 2216 companies for Net Current Asset Value. This places Sandvik AB in the lower half of its industry. The industry median Net Current Asset Value is 5.47. Historically, Sandvik AB's own Net Current Asset Value has ranged from 17.03 to 1,139.71 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.47, based on 2,216 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Sandvik AB and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandvik AB's current Net Current Asset Value is $-0.26. 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 $22.69, compared to a current price of $41.03 — trading 80.8% above its estimated fair value. The current Net Current Asset Value is $-0.26. Sandvik AB's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Sandvik AB (SDVKF), the current Net Current Asset Value is $-0.26 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 (SDVKF) Overvalued in 2026?
Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued.
The current stock price of $41.03 is trading 80.8% above its estimated GF Value™ of $22.69.
GuruFocus considers Sandvik AB to be Significantly Overvalued.
Key valuation signals for SDVKF:
Net Current Asset Value: $-0.26
GF Value™: $22.69 vs. price of $41.03 (80.8% above fair value)
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.
82GF Score
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