NOT FOR DISTRIBUTION
Header cover image

Market Cap

CA$1.9b

Last Updated

2021/05/13 22:59 UTC

Data Sources

Company Financials +

Executive Summary

Sandstorm Gold Ltd. operates as a gold royalty company. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


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

-0.7%

SSL

-1.6%

CA Metals and Mining

-1.2%

CA Market


1 Year Return

-13.1%

SSL

17.5%

CA Metals and Mining

39.1%

CA Market

Return vs Industry: SSL underperformed the Canadian Metals and Mining industry which returned 20.8% over the past year.

Return vs Market: SSL underperformed the Canadian Market which returned 38.7% over the past year.


Shareholder returns

SSLIndustryMarket
7 Day-0.7%-1.6%-1.2%
30 Day2.9%4.8%0.2%
90 Day18.3%2.9%4.9%
1 Year-13.1%-13.1%18.7%17.5%43.6%39.1%
3 Year72.2%72.2%53.3%49.8%27.0%14.9%
5 Year81.1%81.1%54.5%49.9%57.2%33.6%

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

Valuation

Is Sandstorm Gold undervalued compared to its fair value and its price relative to the market?

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSL (CA$9.78) is trading below our estimate of fair value (CA$15.21)

Significantly Below Fair Value: SSL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SSL is poor value based on its PE Ratio (53x) compared to the Canadian Metals and Mining industry average (16.1x).

PE vs Market: SSL is poor value based on its PE Ratio (53x) compared to the Canadian market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: SSL is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: SSL is good value based on its PB Ratio (2.5x) compared to the CA Metals and Mining industry average (2.9x).


Future Growth

How is Sandstorm Gold forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

31.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSL's forecast earnings growth (31.5% per year) is above the savings rate (1.5%).

Earnings vs Market: SSL's earnings (31.5% per year) are forecast to grow faster than the Canadian market (14.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SSL's revenue (13.8% per year) is forecast to grow faster than the Canadian market (6.7% per year).

High Growth Revenue: SSL's revenue (13.8% 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 (5.5%).


Past Performance

How has Sandstorm Gold performed over the past 5 years?

31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSL has a large one-off gain of $7.9M impacting its March 31 2021 financial results.

Growing Profit Margin: SSL's current net profit margins (28.4%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: SSL has become profitable over the past 5 years, growing earnings by 31.7% per year.

Accelerating Growth: SSL's earnings growth over the past year (718.7%) exceeds its 5-year average (31.7% per year).

Earnings vs Industry: SSL earnings growth over the past year (718.7%) exceeded the Metals and Mining industry 85.4%.


Return on Equity

High ROE: SSL's Return on Equity (4.7%) is considered low.


Financial Health

How is Sandstorm Gold's financial position?


Financial Position Analysis

Short Term Liabilities: SSL's short term assets ($152.1M) exceed its short term liabilities ($5.1M).

Long Term Liabilities: SSL's short term assets ($152.1M) exceed its long term liabilities ($10.7M).


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 17.4%.

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


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?

4.8yrs

Average management tenure


CEO

Nolan Watson (40 yo)

12.67yrs

Tenure

US$1,692,144

Compensation

Mr. Nolan Allan Watson, BComm, CA, CFA, F.C.A., FCPA, has been the Chief Executive Officer and President of Sandstorm Gold Ltd. (also known as, Sandstorm Resources Ltd.) since September 23, 2008. He serves...


CEO Compensation Analysis

Compensation vs Market: Nolan's total compensation ($USD1.69M) is about average for companies of similar size in the Canadian market ($USD2.15M).

Compensation vs Earnings: Nolan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SSL's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: SSL's board of directors are seasoned and experienced ( 11.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SSL insiders have only sold shares 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 2.4%.


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$1.903b
  • Shares outstanding: 194.57m
  • Website: https://www.sandstormgold.com

Number of Employees


Location

  • Sandstorm Gold Ltd.
  • 400 Burrard Street
  • Suite 1400
  • Vancouver
  • British Columbia
  • V6C 3A6
  • Canada

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 22:59
End of Day Share Price2021/05/13 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.