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Sandvik: Significant Overvaluation For 2026, I Remain Conservative

Sandvik remains a 'Hold' as valuation risk overshadows its operational strengths and transformation progress. Despite robust aftermarket and service growth, SDVKY trades at a 20-year high multiple, with 35% overvaluation versus fair value. Recent results show stable EBITDA margins but declining profits and free cash flow, highlighting emerging cracks in performance.

Seeking Alpha • Jan 20, 2026

🧮 Earnings Move Analyzer

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