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SND

Smart SandNasdaqGS:SND Stock Report

Market Cap

US$96.5m

7D

0.4%

1Y

79.8%

Updated

26 Sep, 2021

Data

Company Financials +
SND fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends0/6

SND Overview

Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States.

Smart Sand Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Smart Sand
Historical stock prices
Current Share PriceUS$2.23
52 Week HighUS$1.22
52 Week LowUS$4.16
Beta2.02
1 Month Change-7.08%
3 Month Change-26.89%
1 Year Change79.84%
3 Year Change-45.74%
5 Year Changen/a
Change since IPO-79.71%

Recent News & Updates

Jul 19
Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?

Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jun 28
Is Now The Time To Put Smart Sand (NASDAQ:SND) On Your Watchlist?

Is Now The Time To Put Smart Sand (NASDAQ:SND) On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

SNDUS Energy ServicesUS Market
7D0.4%2.2%0.1%
1Y79.8%81.7%35.3%

Return vs Industry: SND underperformed the US Energy Services industry which returned 81.7% over the past year.

Return vs Market: SND exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is SND's price volatile compared to industry and market?
SND volatility
SND Beta2.02
Industry Beta2.41
Market Beta1

Stable Share Price: SND is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: SND's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011228Charles Younghttps://www.smartsand.com

Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also operates SmartSystems, a wellsite proppant storage solution; and offers logistics services. The company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies.

Smart Sand Fundamentals Summary

How do Smart Sand's earnings and revenue compare to its market cap?
SND fundamental statistics
Market CapUS$96.55m
Earnings (TTM)US$2.22m
Revenue (TTM)US$105.84m

43.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SND income statement (TTM)
RevenueUS$105.84m
Cost of RevenueUS$115.65m
Gross Profit-US$9.82m
Expenses-US$12.04m
EarningsUS$2.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.051
Gross Margin-9.28%
Net Profit Margin2.10%
Debt/Equity Ratio9.9%

How did SND perform over the long term?

See historical performance and comparison

Valuation

Is Smart Sand undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SND ($2.23) is trading below our estimate of fair value ($8.18)

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


Price To Earnings Ratio

PE vs Industry: SND is poor value based on its PE Ratio (43.5x) compared to the US Energy Services industry average (30.6x).

PE vs Market: SND is poor value based on its PE Ratio (43.5x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: SND is good value based on its PEG Ratio (0.8x)


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 (1x).


Future Growth

How is Smart Sand forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

54.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SND's forecast earnings growth (54.3% per year) is above the savings rate (2%).

Earnings vs Market: SND's earnings (54.3% per year) are forecast to grow faster than the US market (15% per year).

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

Revenue vs Market: SND's revenue (23.9% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: SND's revenue (23.9% per year) is forecast to grow faster than 20% 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


Past Performance

How has Smart Sand performed over the past 5 years?

19.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SND has a large one-off gain of $14.4M impacting its June 30 2021 financial results.

Growing Profit Margin: SND's current net profit margins (2.1%) are lower than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: SND's earnings have grown by 19.6% 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 (-87.6%) over the past year, making it difficult to compare to the Energy Services industry average (-49.7%).


Return on Equity

High ROE: SND's Return on Equity (0.9%) is considered low.


Financial Health

How is Smart Sand's financial position?


Financial Position Analysis

Short Term Liabilities: SND's short term assets ($81.7M) exceed its short term liabilities ($34.6M).

Long Term Liabilities: SND's short term assets ($81.7M) do not cover its long term liabilities ($94.1M).


Debt to Equity History and Analysis

Debt Level: SND's debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: SND's debt to equity ratio has reduced from 4564.2% to 9.9% over the past 5 years.

Debt Coverage: SND's debt is well covered by operating cash flow (141.4%).

Interest Coverage: Insufficient data to determine if SND's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Smart Sand current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SND'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 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

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Charles Young (53 yo)

7.17yrs

Tenure

US$738,766

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 ($USD738.77K) is above average for companies of similar size in the US market ($USD548.10K).

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


Leadership Team

Experienced Management: SND's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: SND's board of directors are considered experienced (8.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Smart Sand, Inc.'s 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$96.550m
  • Shares outstanding: 43.30m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:19
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.