Executive Summary
Sandstorm Gold Ltd. operates as a gold royalty company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Sandstorm Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SSL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SSL's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.9%
SSL
-0.6%
CA Metals and Mining
2.8%
CA Market
1 Year Return
9.4%
SSL
37.9%
CA Metals and Mining
-0.3%
CA Market
Return vs Industry: SSL underperformed the Canadian Metals and Mining industry which returned 37% over the past year.
Return vs Market: SSL exceeded the Canadian Market which returned -0.5% over the past year.
Shareholder returns
| SSL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -0.6% | 2.8% |
| 30 Day | -10.4% | -7.3% | 10.0% |
| 90 Day | -19.0% | -11.6% | 5.7% |
| 1 Year | 9.4%9.4% | 39.1%37.9% | 3.3%-0.3% |
| 3 Year | 69.8%69.8% | 41.7%38.7% | 12.2%1.3% |
| 5 Year | 167.6%167.6% | 140.9%133.6% | 49.1%26.2% |
Long-Term Price Volatility Vs. Market
How volatile is Sandstorm Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
How Should Investors Feel About Sandstorm Gold Ltd.'s (TSE:SSL) CEO Pay?8 months ago | Simply Wall St
How Does Sandstorm Gold's (TSE:SSL) P/E Compare To Its Industry, After The Share Price Drop?8 months ago | Simply Wall St
How Many Sandstorm Gold Ltd. (TSE:SSL) Shares Do Institutions Own?Valuation
Is Sandstorm Gold undervalued compared to its fair value and its price relative to the market?
157.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SSL (CA$9.66) is trading above our estimate of fair value (CA$1.4)
Significantly Below Fair Value: SSL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SSL is poor value based on its PE Ratio (157.5x) compared to the CA Metals and Mining industry average (21.1x).
PE vs Market: SSL is poor value based on its PE Ratio (157.5x) compared to the Canadian market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: SSL is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: SSL is good value based on its PB Ratio (2.4x) compared to the CA Metals and Mining industry average (2.6x).
Next Steps
Future Growth
How is Sandstorm Gold forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
35.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSL's forecast earnings growth (35.2% per year) is above the savings rate (1.7%).
Earnings vs Market: SSL's earnings (35.2% per year) are forecast to grow faster than the Canadian market (27.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SSL's revenue (11.1% per year) is forecast to grow faster than the Canadian market (6.1% per year).
High Growth Revenue: SSL's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSL's Return on Equity is forecast to be low in 3 years time (4.5%).
Next Steps
Past Performance
How has Sandstorm Gold performed over the past 5 years?
45.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSL has high quality earnings.
Growing Profit Margin: SSL's current net profit margins (9.9%) are lower than last year (16.7%).
Past Earnings Growth Analysis
Earnings Trend: SSL has become profitable over the past 5 years, growing earnings by 45.1% per year.
Accelerating Growth: SSL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SSL had negative earnings growth (-37.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (93.2%).
Return on Equity
High ROE: SSL's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Sandstorm Gold's financial position?
Financial Position Analysis
Short Term Liabilities: SSL's short term assets ($83.4M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: SSL's short term assets ($83.4M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: SSL is debt free.
Reducing Debt: SSL has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: SSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SSL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Sandstorm Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SSL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SSL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SSL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SSL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SSL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Nolan Watson (40 yo)
12.17yrs
Tenure
US$2,306,290
Compensation
Mr. Nolan Allan Watson, BComm, CA, CFA, has been the Chief Executive Officer and President of Sandstorm Gold Ltd. (also known as, Sandstorm Resources Ltd.) since September 23, 2008. Mr. Watson is a Co-Foun...
CEO Compensation Analysis
Compensation vs Market: Nolan's total compensation ($USD2.31M) is about average for companies of similar size in the Canadian market ($USD2.08M).
Compensation vs Earnings: Nolan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 12.17yrs | US$2.31m | 0.37% $ 6.7m | |
| Co-founder | 13.67yrs | US$1.47m | 0.28% $ 5.0m | |
| Chief Financial Officer | 9.25yrs | US$1.07m | 0.014% $ 258.7k | |
| Executive Vice President of Project Evaluation | 7.83yrs | US$1.15m | no data | |
| Vice President of Technical Services | 5.83yrs | no data | no data | |
| Senior Vice President of Finance | 1.83yrs | US$580.98k | no data | |
| Senior Vice President of Engineering | 2.67yrs | US$656.81k | no data | |
| Director of Capital Markets | 0.67yr | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| VP & Corporate Controller | 0.67yr | no data | no data |
4.3yrs
Average Tenure
47yo
Average Age
Experienced Management: SSL's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 12.17yrs | US$2.31m | 0.37% $ 6.7m | |
| Co-founder | 13.67yrs | US$1.47m | 0.28% $ 5.0m | |
| Independent Director | 11.67yrs | US$171.11k | 0.0081% $ 147.5k | |
| Independent Non-Executive Chairman | 4.67yrs | US$171.11k | 0.47% $ 8.6m | |
| Independent Director | 11.42yrs | US$171.11k | 0.015% $ 276.3k | |
| Independent Director | 6.42yrs | US$171.11k | 0.15% $ 2.6m | |
| Independent Director | 2.42yrs | US$171.11k | 0.0033% $ 60.0k |
11.4yrs
Average Tenure
62yo
Average Age
Experienced Board: SSL's board of directors are seasoned and experienced ( 11.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.2%.
Top Shareholders
Company Information
Sandstorm Gold Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sandstorm Gold Ltd.
- Ticker: SSL
- Exchange: TSX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.814b
- Shares outstanding: 192.58m
- Website: https://www.sandstormgold.com
Number of Employees
Location
- Sandstorm Gold Ltd.
- 400 Burrard Street
- Suite 1400
- Vancouver
- British Columbia
- V6C 3A6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SSL | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Aug 2007 |
| AYS1 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Aug 2007 |
| SAND | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Aug 2007 |
| 0VGM | LSE (London Stock Exchange) | Yes | Common Shares | GB | CAD | Aug 2007 |
Biography
Sandstorm Gold Ltd. operates as a gold royalty company. It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 00:33 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.