Smart Sand
Market Cap
US$86.4m
Last Updated
2020/01/25 02:02 UTC
Data Sources
Company Financials +
Executive Summary
Smart Sand, Inc., integrated frac sand supply and services company, engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing operations in the oil and gas industry in the United States.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -53.5% per year for the next 3 years
+ 1 more risk
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Smart Sand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SND's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-5.9%
SND
-6.8%
US Energy Services
-1.3%
US Market
1 Year Return
-16.4%
SND
-26.6%
US Energy Services
22.0%
US Market
Return vs Industry: SND exceeded the US Energy Services industry which returned -16.1% over the past year.
Return vs Market: SND underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| SND | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -6.8% | -1.3% |
| 30 Day | -12.9% | -12.3% | 1.8% |
| 90 Day | -21.7% | 0.7% | 9.3% |
| 1 Year | -16.4%-16.4% | -24.4%-26.6% | 24.6%22.0% |
| 3 Year | -88.2%-88.2% | -55.6%-61.0% | 49.2%39.6% |
| 5 Year | n/a | -53.6%-61.1% | 77.9%58.3% |
Price Volatility Vs. Market
How volatile is Smart Sand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
What Kind Of Shareholders Own Smart Sand, Inc. (NASDAQ:SND)?2 weeks ago | Simply Wall St
Should You Worry About Smart Sand, Inc.'s (NASDAQ:SND) CEO Salary Level?1 month ago | Simply Wall St
Have Insiders Sold Smart Sand, Inc. (NASDAQ:SND) Shares Recently?Valuation
Is Smart Sand undervalued compared to its fair value and its price relative to the market?
3.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SND ($2.26) is trading above our estimate of fair value ($1.43)
Significantly Below Fair Value: SND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SND is good value based on its PE Ratio (3.7x) compared to the Energy Services industry average (15.8x).
PE vs Market: SND is good value based on its PE Ratio (3.7x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: SND's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SND is good value based on its PB Ratio (0.4x) compared to the US Energy Services industry average (0.7x).
Next Steps
Future Growth
How is Smart Sand forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-53.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SND's earnings are forecast to decline over the next 3 years (-53.5% per year).
Earnings vs Market: SND's earnings are forecast to decline over the next 3 years (-53.5% per year).
High Growth Earnings: SND's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SND's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: SND's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SND's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Smart Sand performed over the past 5 years?
37.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SND has a large one-off loss of $22.9M impacting its September 30 2019 financial results.
Growing Profit Margin: SND's current net profit margins (10.4%) are lower than last year (16.7%).
Past Earnings Growth Analysis
Earnings Trend: SND's earnings have grown significantly by 37.7% per year over the past 5 years.
Accelerating Growth: SND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SND had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Energy Services industry average (-23.5%).
Return on Equity
High ROE: SND's Return on Equity (10.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Smart Sand's financial position?
Financial Position Analysis
Short Term Liabilities: SND's short term assets ($79.1M) exceed its short term liabilities ($61.6M).
Long Term Liabilities: SND's short term assets ($79.1M) exceed its long term liabilities ($69.5M).
Debt to Equity History and Analysis
Debt Level: SND's debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SND's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SND's debt is well covered by operating cash flow (190.9%).
Interest Coverage: SND's interest payments on its debt are well covered by EBIT (15.1x coverage).
Balance Sheet
Inventory Level: SND has a high level of physical assets or inventory.
Debt Coverage by Assets: SND's debt is covered by short term assets (assets are 2.6x debt).
Next Steps
Dividend
What is Smart Sand's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SND's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SND'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 SND's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Smart Sand's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Charles Young (51yo)
5.5yrs
Tenure
US$1,668,182
Compensation
Mr. Charles Edwin Young is the Founder of Smart Sand, Inc., and has been its Chief Executive Officer since July 2014. Mr. Young serves as Chief Executive Officer of Smart Sand GP LLC. He served the Preside ...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD1.67M) is above average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
45yo
Average Age
Experienced Management: SND's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
8.0yrs
Average Tenure
52yo
Average Age
Experienced Board: SND's board of directors are considered experienced (8 years average tenure).
Insider Trading
Insider Buying: SND insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Co-Chairman of the Board Co-Chairman of the Board |
| Shares | 50,000 |
| Max Price | US$2.60 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 17,500 |
| Max Price | US$2.86 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Lee Beckelman (53yo)
Chief Financial Officer
- Tenure: 5.4yrs
- Compensation: US$1.09m
Charles Young (51yo)
CEO & Director
- Tenure: 5.5yrs
- Compensation: US$1.67m
Robert Kiszka (51yo)
Executive Vice President of Operations
- Tenure: 5.7yrs
- Compensation: US$1.12m
William Young (45yo)
Chief Operating Officer
- Tenure: 1.8yrs
- Compensation: US$990.11k
Susan Neumann (40yo)
VP of Accounting & Controller
- Tenure: 3.3yrs
Ronald Whelan (42yo)
Executive Vice President of Sales
- Tenure: 1.6yrs
James Young (39yo)
Executive VP
- Tenure: 2.6yrs
Phil Cerniglia
Investor Relations & Budgeting Manager
Josh Jayne
Finance Manager
Board Members
José Feliciano (46yo)
Co-Chairman of the Board
- Tenure: 8.3yrs
- Compensation: US$192.50k
Tim Pawlenty (58yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$140.00k
Sharon Spurlin (53yo)
Independent Director
- Tenure: 4.9yrs
- Compensation: US$152.50k
Colin Leonard (37yo)
Independent Director
- Tenure: 8.3yrs
- Compensation: US$152.50k
Charles Young (51yo)
CEO & Director
- Tenure: 5.5yrs
- Compensation: US$1.67m
Andrew Speaker (56yo)
Co-Chairman of the Board
- Tenure: 5.6yrs
- Compensation: US$80.00k
Company Information
Smart Sand, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Smart Sand, Inc.
- Ticker: SND
- Exchange: NasdaqGS
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$86.355m
- Shares outstanding: 41.32m
- Website: https://www.smartsand.com
Number of Employees
Location
- Smart Sand, Inc.
- 1725 Hughes Landing Boulevard
- Suite 800
- The Woodlands
- Texas
- 77380
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1SD | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2016 |
| SND | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2016 |
Biography
Smart Sand, Inc., integrated frac sand supply and services company, engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing operations in the oil and gas industry in the United States. The company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. As of December 31, 2018, it had approximately 321 million tons of proven recoverable sand reserves. The company was incorporated in 2011 and is headquartered in The Woodlands, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/25 02:02 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.