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Smart Sand

Nasdaq:SND
Snowflake Description

Undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SND
Nasdaq
$114M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

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 last earnings update was 40 days ago. More info.


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  • Smart Sand has significant price volatility in the past 3 months.
SND Share Price and Events
7 Day Returns
-6.1%
NasdaqGS:SND
-2.5%
US Energy Services
0.5%
US Market
1 Year Returns
-51.1%
NasdaqGS:SND
-44.2%
US Energy Services
0.8%
US Market
SND Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Smart Sand (SND) -6.1% -26.5% -40.5% -51.1% - -
US Energy Services -2.5% -12.8% -19.6% -44.2% -53.1% -74.1%
US Market 0.5% 0.2% 1.1% 0.8% 37.4% 37.5%
1 Year Return vs Industry and Market
  • SND underperformed the Energy Services industry which returned -44.2% over the past year.
  • SND underperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
SND
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Smart Sand to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Smart Sand.

NasdaqGS:SND Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SND
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.023 (1 + (1- 21%) (76.85%))
1.432
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.43
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.432 * 5.96%)
11.26%

Discounted Cash Flow Calculation for NasdaqGS:SND using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Smart Sand is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SND DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.26%)
2019 9.68 Analyst x5 8.70
2020 24.70 Analyst x4 19.95
2021 29.90 Analyst x1 21.71
2022 34.13 Est @ 14.16% 22.27
2023 37.80 Est @ 10.73% 22.17
2024 40.95 Est @ 8.33% 21.58
2025 43.67 Est @ 6.65% 20.69
2026 46.06 Est @ 5.47% 19.61
2027 48.20 Est @ 4.65% 18.45
2028 50.17 Est @ 4.07% 17.25
Present value of next 10 years cash flows $192.38
NasdaqGS:SND DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $50.17 × (1 + 2.73%) ÷ (11.26% – 2.73%)
$603.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $603.95 ÷ (1 + 11.26%)10
$207.72
NasdaqGS:SND Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $192.38 + $207.72
$400.10
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $400.10 / 40.97
$9.77
NasdaqGS:SND Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.77
Current discount Discount to share price of $2.78
= -1 x ($2.78 - $9.77) / $9.77
71.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Smart Sand is available for.
Intrinsic value
>50%
Share price is $2.78 vs Future cash flow value of $9.77
Current Discount Checks
For Smart Sand to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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 RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Smart Sand's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Smart Sand's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SND PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.54
NasdaqGS:SND Share Price ** NasdaqGS (2019-06-14) in USD $2.78
United States of America Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 18.07x
United States of America Market PE Ratio Median Figure of 3,091 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Smart Sand.

NasdaqGS:SND PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SND Share Price ÷ EPS (both in USD)

= 2.78 ÷ 0.54

5.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
Does Smart Sand's expected growth come at a high price?
Raw Data
NasdaqGS:SND PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
-5.1%per year
United States of America Energy Services Industry PEG Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 0.47x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NasdaqGS:SND PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.15x ÷ -5.1%

-1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
What value do investors place on Smart Sand's assets?
Raw Data
NasdaqGS:SND PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.36
NasdaqGS:SND Share Price * NasdaqGS (2019-06-14) in USD $2.78
United States of America Energy Services Industry PB Ratio Median Figure of 88 Publicly-Listed Energy Services Companies 0.8x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NasdaqGS:SND PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SND Share Price ÷ Book Value per Share (both in USD)

= 2.78 ÷ 5.36

0.52x

* Primary Listing of Smart Sand.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Sand is good value based on assets compared to the US Energy Services industry average.
X
Value checks
We assess Smart Sand's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Smart Sand has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Smart Sand expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-5.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Smart Sand expected to grow at an attractive rate?
  • 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%.
Growth vs Market Checks
  • 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 revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SND Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SND Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts -5.1%
NasdaqGS:SND Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 10.2%
United States of America Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 44.3%
United States of America Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SND Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SND Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 307 1
2020-12-31 248 52 20 7
2019-12-31 230 45 21 7
NasdaqGS:SND Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 222 59 22
2018-12-31 212 51 19
2018-09-30 203 41 34
2018-06-30 179 34 29
2018-03-31 155 10 22
2017-12-31 137 16 22
2017-09-30 124 27 23
2017-06-30 95 21 16
2017-03-31 74 28 11
2016-12-31 59 27 10
2016-09-30 45 21 0
2016-06-30 43 25 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Smart Sand's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Smart Sand's revenue is expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SND Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Smart Sand Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SND Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 0.50 0.70 0.30 5.00
2019-12-31 0.53 0.60 0.47 5.00
NasdaqGS:SND Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.54
2018-12-31 0.46
2018-09-30 0.84
2018-06-30 0.72
2018-03-31 0.53
2017-12-31 0.54
2017-09-30 0.61
2017-06-30 0.48
2017-03-31 0.38
2016-12-31 0.43
2016-09-30 0.01
2016-06-30 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Smart Sand will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Smart Sand's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Smart Sand has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Smart Sand performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Smart Sand's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Smart Sand has delivered over 20% year on year earnings growth in the past 5 years.
  • Smart Sand's 1-year earnings growth is less than its 5-year average (1% vs 44.5%)
  • Smart Sand's earnings growth has not exceeded the US Energy Services industry average in the past year (1% vs 1%).
Earnings and Revenue History
Smart Sand's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Smart Sand Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SND Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 221.62 21.75 22.55
2018-12-31 212.47 18.69 22.71
2018-09-30 203.26 34.00 23.03
2018-06-30 179.44 28.92 20.40
2018-03-31 154.78 21.53 19.62
2017-12-31 137.21 21.53 17.68
2017-09-30 123.63 23.09 17.60
2017-06-30 95.23 15.95 15.85
2017-03-31 73.93 10.97 13.56
2016-12-31 59.23 10.38 11.89
2016-09-30 44.95 0.20 8.72
2016-06-30 43.03 2.09 8.57
2016-03-31 46.29 4.91 9.10
2015-12-31 47.70 4.99 9.72
2014-12-31 68.17 7.56 12.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Smart Sand has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Smart Sand used its assets more efficiently than the US Energy Services industry average last year based on Return on Assets.
  • Smart Sand's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Smart Sand's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Smart Sand has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Smart Sand's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Smart Sand's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Smart Sand is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Smart Sand's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Smart Sand's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Smart Sand Company Filings, last reported 2 months ago.

NasdaqGS:SND Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 214.35 87.52 2.37
2018-12-31 209.36 48.72 1.47
2018-09-30 215.23 44.20 1.19
2018-06-30 202.29 45.09 1.75
2018-03-31 191.62 16.41 2.14
2017-12-31 190.02 0.86 34.74
2017-09-30 178.53 0.94 51.33
2017-06-30 170.84 1.01 63.36
2017-03-31 167.76 1.71 72.67
2016-12-31 142.44 1.82 46.56
2016-09-30 2.31 97.51 0.71
2016-06-30 2.10 97.54 1.87
2016-03-31 3.73 101.07 3.90
2015-12-31 3.73 101.07 3.90
2014-12-31 -1.96 90.39 0.80
  • Smart Sand's level of debt (24.6%) 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 (111.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 15.2x coverage).
X
Financial health checks
We assess Smart Sand's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Smart Sand has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Smart Sand dividends.
If you bought $2,000 of Smart Sand shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SND Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SND Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
What portion of Smart Sand's earnings are paid to the shareholders as a dividend.
  • 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.
X
Income/ dividend checks
We assess Smart Sand's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Smart Sand afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Smart Sand has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Charles Young
COMPENSATION $1,155,874
AGE 50
TENURE AS CEO 4.9 years
CEO Bio

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 President of Smart Sand Inc. from November 2009 to July 2014 and also served as its Secretary from September 2011 to July 2014. He has over 20 years of executive and entrepreneurial experience in the high-technology, telecommunications and renewable energy industries. He founded Smart Sand, LLC and served as its President from November 2009 to August 2011. He served as the President and Secretary of Smart Sand, Inc. from September 2011 to July 2014. He was a Founder and served as the President of Premier Building Systems from 2006 to 2011. Mr. Young serves as a Director of Gravity Oilfield Services, Inc. He is a Co-owner at Keystone Cranberry, LLC. He has been a Director of Smart Sand, Inc. since September 2011. Mr. Young received a B.A. in Political Science from Miami University.

CEO Compensation
  • Charles's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Charles's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Smart Sand management team in years:

2.7
Average Tenure
44
Average Age
  • The tenure for the Smart Sand management team is about average.
Management Team

Charles Young

TITLE
CEO & Director
COMPENSATION
$1M
AGE
50
TENURE
4.9 yrs

Lee Beckelman

TITLE
Chief Financial Officer
COMPENSATION
$1M
AGE
52
TENURE
4.8 yrs

William Young

TITLE
Chief Operating Officer
COMPENSATION
$990K
AGE
44
TENURE
1.2 yrs

Robert Kiszka

TITLE
Executive Vice President of Operations
COMPENSATION
$1M
AGE
50
TENURE
5.1 yrs

Susan Neumann

TITLE
VP of Accounting & Controller
AGE
39
TENURE
2.7 yrs

Phil Cerniglia

TITLE
Investor Relations & Budgeting Manager

James Young

TITLE
Executive VP
AGE
38
TENURE
2 yrs

Ronald Whelan

TITLE
Executive Vice President of Sales
AGE
41
TENURE
1 yrs

Josh Jayne

TITLE
Finance Manager
Board of Directors Tenure

Average tenure and age of the Smart Sand board of directors in years:

7
Average Tenure
52
Average Age
  • The tenure for the Smart Sand board of directors is about average.
Board of Directors

Andrew Speaker

TITLE
Co-Chairman of the Board
COMPENSATION
$80K
AGE
55
TENURE
5 yrs

José Feliciano

TITLE
Co-Chairman of the Board
COMPENSATION
$193K
AGE
45
TENURE
7.8 yrs

Charles Young

TITLE
CEO & Director
COMPENSATION
$1M
AGE
50
TENURE
7.8 yrs

Colin Leonard

TITLE
Director
COMPENSATION
$153K
AGE
36
TENURE
7.8 yrs

Sharon Spurlin

TITLE
Director
COMPENSATION
$153K
AGE
52
TENURE
4.3 yrs

Tim Pawlenty

TITLE
Director
COMPENSATION
$140K
AGE
57
TENURE
7 yrs

Tracy Robinson

TITLE
Director
COMPENSATION
$140K
AGE
54
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Nov 18 Buy Lee Beckelman Individual 13. Nov 18 13. Nov 18 15,800 $3.18 $50,244
X
Management checks
We assess Smart Sand's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Smart Sand has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Financially Strong Is Smart Sand, Inc. (NASDAQ:SND)?

With this rise in debt, the current cash and short-term investment levels stands at US$2.4m , ready to be used for running the business. … On top of this, SND has produced cash from operations of US$59m over the same time period, leading to an operating cash to total debt ratio of 67%, indicating that SND’s operating cash is sufficient to cover its debt. … Next Steps: SND’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Does Smart Sand, Inc.'s (NASDAQ:SND) P/E Ratio Signal A Buying Opportunity?

To keep it practical, we'll show how Smart Sand, Inc.'s (NASDAQ:SND) P/E ratio could help you assess the value on offer. … Smart Sand has a P/E ratio of 9.26, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Percentage Of Smart Sand, Inc. (NASDAQ:SND) Shares Do Insiders Own?

Every investor in Smart Sand, Inc. … With a market capitalization of US$179m, Smart Sand is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Smart Sand

Simply Wall St -

If You Had Bought Smart Sand (NASDAQ:SND) Stock A Year Ago, You'd Be Sitting On A 62% Loss, Today

In that relatively short period, the share price has plunged 62%. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During the unfortunate twelve months during which the Smart Sand share price fell, it actually saw its earnings per share (EPS) improve by 38%.

Simply Wall St -

Have Insiders Been Buying Smart Sand, Inc. (NASDAQ:SND) Shares This Year?

Smart Sand Insider Transactions Over The Last Year. … In the last twelve months, the biggest single purchase by an insider was when CEO & Director Charles Young bought US$182k worth of shares at a price of US$6.08 per share. … That means that even when the share price was higher, an insider wanted to purchase shares

Simply Wall St -

What Can We Make Of Smart Sand, Inc.’s (NASDAQ:SND) High Return On Capital?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Is Smart Sand, Inc. (NASDAQ:SND) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Smart Sand, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Energy Services industry,.

Simply Wall St -

Does Smart Sand Inc (NASDAQ:SND) Have A Good P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … Smart Sand has a P/E ratio of 3.99, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Smart Sand Inc (NASDAQ:SND): The Best Of Both Worlds

Smart Sand Inc (NASDAQ:SND) is a company with exceptional fundamental characteristics. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Smart Sand here

Simply Wall St -

Should You Be Tempted To Buy Smart Sand Inc (NASDAQ:SND) Because Of Its PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … While this makes SND appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St -

Company Info

Description

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.

Details
Name: Smart Sand, Inc.
SND
Exchange: NasdaqGS
Founded: 2011
$113,890,114
40,967,667
Website: http://www.smartsand.com
Address: Smart Sand, Inc.
1725 Hughes Landing Boulevard,
Suite 800,
The Woodlands,
Texas, 77380,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SND Common Stock Nasdaq Global Select US USD 04. Nov 2016
DB 1SD Common Stock Deutsche Boerse AG DE EUR 04. Nov 2016
Number of employees
Current staff
Staff numbers
323
Smart Sand employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:41
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/24
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.