NasdaqGS:SND

Stock Analysis Report

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.

Snowflake

Fundamentals

Undervalued with adequate balance sheet.

Risks

  • Smart Sand has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

10.6%

NasdaqGS:SND

-5.5%

US Energy Services

-1.0%

US Market


1 Year Return

-53.6%

NasdaqGS:SND

-47.2%

US Energy Services

-0.4%

US Market

SND underperformed the Energy Services industry which returned -48.3% over the past year.

SND underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

SNDIndustryMarket
7 Day10.6%-5.5%-1.0%
30 Day2.9%-14.5%-3.3%
90 Day-33.6%-20.8%0.4%
1 Year-53.6%-53.6%-45.8%-47.2%1.8%-0.4%
3 Yearn/a-54.5%-59.9%39.4%30.4%
5 Yearn/a-71.0%-75.2%54.2%37.1%

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

Valuation

Is Smart Sand undervalued based on future cash flows and its price relative to the stock market?

46%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Smart Sand's share price is below the future cash flow value, and at a moderate discount (> 20%).

Smart Sand's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Smart Sand is good value based on earnings compared to the US Energy Services industry average.

Smart Sand is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Smart Sand earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Smart Sand is good value based on assets compared to the US Energy Services industry average.


Next Steps

Future Growth

How is Smart Sand expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

-10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Smart Sand's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

Smart Sand's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Smart Sand's revenue growth is positive but not above the United States of America market average.

Smart Sand's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Smart Sand's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Smart Sand will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Smart Sand performed over the past 5 years?

41.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Smart Sand has delivered over 20% year on year earnings growth in the past 5 years.

Smart Sand's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Smart Sand's 1-year earnings growth is negative, it can't be compared to the US Energy Services industry average.


Return on Equity

Smart Sand has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Smart Sand used its assets more efficiently than the US Energy Services industry average last year based on Return on Assets.


Return on Capital Employed

Smart Sand's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Smart Sand's financial position?


Financial Position Analysis

Smart Sand's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Smart Sand's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Smart Sand's level of debt (20.1%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Smart Sand's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (107.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 14.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Smart Sand's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Smart Sand's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Smart Sand has not reported any payouts.

Unable to verify if Smart Sand's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Smart Sand has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Smart Sand's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Charles Young (51yo)

5.1yrs

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

Charles's remuneration is higher than average for companies of similar size in United States of America.

Charles's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.8yrs

Average Tenure

45yo

Average Age

The tenure for the Smart Sand management team is about average.


Board Age and Tenure

7.5yrs

Average Tenure

52yo

Average Age

The tenure for the Smart Sand board of directors is about average.


Insider Trading

More shares have been bought than sold by Smart Sand individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$50,05014 Jun 19
Charles Young
EntityIndividual
Role
CEO & Director
Member of the Board of Directors
Shares17,500
Max PriceUS$2.86
BuyUS$50,24414 Nov 18
Lee Beckelman
EntityIndividual
Role
Chief Financial Officer
Shares15,800
Max PriceUS$3.18

Ownership Breakdown


Management Team

  • Phil Cerniglia

    Investor Relations & Budgeting Manager

  • Josh Jayne

    Finance Manager

  • Robert Kiszka (51yo)

    Executive Vice President of Operations

    • Tenure: 5.3yrs
    • Compensation: $1.12m
  • Lee Beckelman (53yo)

    Chief Financial Officer

    • Tenure: 5.0yrs
    • Compensation: $1.09m
  • Susan Neumann (40yo)

    VP of Accounting & Controller

    • Tenure: 2.8yrs
  • James Young (39yo)

    Executive VP

    • Tenure: 2.2yrs
  • William Young (45yo)

    Chief Operating Officer

    • Tenure: 1.3yrs
    • Compensation: $990.11k
  • Charles Young (51yo)

    CEO & Director

    • Tenure: 5.1yrs
    • Compensation: $1.67m
  • Ronald Whelan (42yo)

    Executive Vice President of Sales

    • Tenure: 1.2yrs

Board Members

  • José Feliciano (46yo)

    Co-Chairman of the Board

    • Tenure: 7.9yrs
    • Compensation: $192.50k
  • Tim Pawlenty (58yo)

    Director

    • Tenure: 7.2yrs
    • Compensation: $140.00k
  • Sharon Spurlin (53yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: $152.50k
  • Colin Leonard (37yo)

    Director

    • Tenure: 7.9yrs
    • Compensation: $152.50k
  • Charles Young (51yo)

    CEO & Director

    • Tenure: 7.9yrs
    • Compensation: $1.67m
  • Andrew Speaker (56yo)

    Co-Chairman of the Board

    • Tenure: 5.2yrs
    • Compensation: $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$103.710m
  • Shares outstanding: 41.32m
  • Website: Click here

Number of Employees


Location

  • Smart Sand, Inc.
  • 1725 Hughes Landing Boulevard
  • Suite 800
  • The Woodlands
  • Texas
  • 77380
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1SDDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2016
SNDNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 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 industr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company AnalysisN/A
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.