Smart Sand Valuation

Is SND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SND ($2.23) is trading above our estimate of fair value ($0.16)

Significantly Below Fair Value: SND is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SND?

Other financial metrics that can be useful for relative valuation.

SND key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA4.7x
PEG Ratio-0.3x

Price to Earnings Ratio vs Peers

How does SND's PE Ratio compare to its peers?

The above table shows the PE ratio for SND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.7x
PFIE Profire Energy
8.1x-5.1%US$77.7m
ESOA Energy Services of America
11.7x-18.0%US$120.7m
GEOS Geospace Technologies
7.8xn/aUS$128.1m
RNGR Ranger Energy Services
15x16.6%US$254.7m
SND Smart Sand
11.8x-40.5%US$94.5m

Price-To-Earnings vs Peers: SND is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (10.6x).


Price to Earnings Ratio vs Industry

How does SND's PE Ratio compare vs other companies in the US Energy Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: SND is good value based on its Price-To-Earnings Ratio (11.8x) compared to the US Energy Services industry average (15.6x).


Price to Earnings Ratio vs Fair Ratio

What is SND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio3.8x

Price-To-Earnings vs Fair Ratio: SND is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (3.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SND forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.23
US$2.63
+17.7%
14.3%US$3.00US$2.25n/a2
Jul ’25US$2.11
US$2.88
+36.3%
4.3%US$3.00US$2.75n/a2
Jun ’25US$2.25
US$2.88
+27.8%
4.3%US$3.00US$2.75n/a2
May ’25US$2.13
US$2.88
+35.0%
4.3%US$3.00US$2.75n/a2
Apr ’25US$1.91
US$2.88
+50.5%
4.3%US$3.00US$2.75n/a2
Mar ’25US$1.98
US$2.88
+45.2%
4.3%US$3.00US$2.75n/a2
Feb ’25US$1.80
US$2.88
+59.7%
4.3%US$3.00US$2.75n/a2
Jan ’25US$1.93
US$2.88
+49.0%
4.3%US$3.00US$2.75n/a2
Dec ’24US$1.98
US$2.88
+45.2%
4.3%US$3.00US$2.75n/a2
Nov ’24US$2.13
US$2.63
+23.2%
4.8%US$2.75US$2.50n/a2
Oct ’24US$2.32
US$2.63
+13.1%
4.8%US$2.75US$2.50n/a2
Sep ’24US$1.99
US$2.63
+31.9%
4.8%US$2.75US$2.50n/a2
Aug ’24US$1.78
US$2.25
+26.4%
11.1%US$2.50US$2.00n/a2
Jul ’24US$1.64
US$2.25
+37.2%
11.1%US$2.50US$2.00US$2.112
May ’24US$1.75
US$2.75
+57.1%
9.1%US$3.00US$2.50US$2.132
Apr ’24US$1.76
US$2.75
+56.3%
9.1%US$3.00US$2.50US$1.912
Mar ’24US$2.02
US$2.75
+36.1%
9.1%US$3.00US$2.50US$1.982
Feb ’24US$1.79
US$2.75
+53.6%
9.1%US$3.00US$2.50US$1.802
Jan ’24US$1.79
US$2.75
+53.6%
9.1%US$3.00US$2.50US$1.932
Dec ’23US$1.87
US$2.75
+47.1%
9.1%US$3.00US$2.50US$1.982
Nov ’23US$2.19
US$2.88
+31.3%
21.7%US$3.50US$2.25US$2.132
Jul ’23US$1.97
US$3.50
+77.7%
14.3%US$4.00US$3.00US$1.642

Analyst Forecast: Target price is less than 20% higher than the current share price.


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