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U.S. Silica Holdings

NYSE:SLCA
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SLCA
NYSE
$891M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. The last earnings update was 77 days ago. More info.


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  • U.S. Silica Holdings has significant price volatility in the past 3 months.
SLCA Share Price and Events
7 Day Returns
-4.8%
NYSE:SLCA
0.3%
US Energy Services
1.1%
US Market
1 Year Returns
-53.6%
NYSE:SLCA
-39.4%
US Energy Services
4.7%
US Market
SLCA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
U.S. Silica Holdings (SLCA) -4.8% 17.4% -31.6% -53.6% -66.8% -79.9%
US Energy Services 0.3% 9.5% -17% -39.4% -48.3% -71.5%
US Market 1.1% 4.3% 2.9% 4.7% 37.7% 43.6%
1 Year Return vs Industry and Market
  • SLCA underperformed the Energy Services industry which returned -39.4% over the past year.
  • SLCA underperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
SLCA
Industry
5yr Volatility vs Market

Value

 Is U.S. Silica Holdings 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 U.S. Silica Holdings 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 U.S. Silica Holdings.

NYSE:SLCA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.6%
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 NYSE:SLCA
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 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.078 (1 + (1- 21%) (165.16%))
1.995
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.995 * 5.96%)
14.62%

Discounted Cash Flow Calculation for NYSE:SLCA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for U.S. Silica Holdings 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.

NYSE:SLCA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.62%)
2020 142.70 Analyst x7 124.50
2021 215.81 Est @ 51.23% 164.26
2022 294.96 Est @ 36.68% 195.86
2023 373.11 Est @ 26.49% 216.15
2024 445.36 Est @ 19.36% 225.09
2025 509.38 Est @ 14.37% 224.61
2026 564.80 Est @ 10.88% 217.27
2027 612.45 Est @ 8.44% 205.55
2028 653.63 Est @ 6.72% 191.38
2029 689.75 Est @ 5.53% 176.20
Present value of next 10 years cash flows $1,940.87
NYSE:SLCA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $689.75 × (1 + 2.73%) ÷ (14.62% – 2.73%)
$5,958.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,958.22 ÷ (1 + 14.62%)10
$1,522.02
NYSE:SLCA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,940.87 + $1,522.02
$3,462.90
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,462.90 / 73.55
$47.08
NYSE:SLCA Discount to Share Price
Calculation Result
Value per share (USD) From above. $47.08
Current discount Discount to share price of $12.12
= -1 x ($12.12 - $47.08) / $47.08
74.3%

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

Current Discount
Amount off the current price U.S. Silica Holdings is available for.
Intrinsic value
>50%
Share price is $12.12 vs Future cash flow value of $47.08
Current Discount Checks
For U.S. Silica Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • U.S. Silica Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • U.S. Silica Holdings'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 U.S. Silica Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are U.S. Silica Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SLCA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-3.36
NYSE:SLCA Share Price ** NYSE (2019-07-16) in USD $12.12
United States of America Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 20.42x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.98x

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

** Primary Listing of U.S. Silica Holdings.

NYSE:SLCA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SLCA Share Price ÷ EPS (both in USD)

= 12.12 ÷ -3.36

-3.61x

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

  • U.S. Silica Holdings is loss making, we can't compare its value to the US Energy Services industry average.
  • U.S. Silica Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does U.S. Silica Holdings's expected growth come at a high price?
Raw Data
NYSE:SLCA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
88.2%per year
United States of America Energy Services Industry PEG Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 0.55x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for U.S. Silica Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on U.S. Silica Holdings's assets?
Raw Data
NYSE:SLCA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.90
NYSE:SLCA Share Price * NYSE (2019-07-16) in USD $12.12
United States of America Energy Services Industry PB Ratio Median Figure of 88 Publicly-Listed Energy Services Companies 0.83x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
NYSE:SLCA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SLCA Share Price ÷ Book Value per Share (both in USD)

= 12.12 ÷ 13.90

0.87x

* Primary Listing of U.S. Silica Holdings.

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

  • U.S. Silica Holdings is overvalued based on assets compared to the US Energy Services industry average.
X
Value checks
We assess U.S. Silica Holdings'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. U.S. Silica Holdings has a total score of 2/6, 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 U.S. Silica Holdings expected to perform in the next 1 to 3 years based on estimates from 15 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
88.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is U.S. Silica Holdings expected to grow at an attractive rate?
  • U.S. Silica Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • U.S. Silica Holdings's earnings growth is expected to exceed the United States of America market average.
  • U.S. Silica Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:SLCA Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:SLCA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 88.2%
NYSE:SLCA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 7.7%
United States of America Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 37.7%
United States of America Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*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
NYSE:SLCA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SLCA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,967 37 2
2020-12-31 1,661 208 26 13
2019-12-31 1,570 163 -23 15
NYSE:SLCA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,587 244 -251
2018-12-31 1,577 311 -201
2018-09-30 1,580 345 127
2018-06-30 1,502 334 162
2018-03-31 1,365 319 174
2017-12-31 1,241 222 145
2017-09-30 1,063 161 66
2017-06-30 855 77 14
2017-03-31 682 -15 -28
2016-12-31 560 0 -41
2016-09-30 513 25 -49
2016-06-30 531 24 -36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • U.S. Silica Holdings's earnings are expected to grow significantly at over 20% yearly.
  • U.S. Silica Holdings's revenue is expected to grow by 7.7% 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
NYSE:SLCA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from U.S. Silica Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SLCA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.50 0.50 0.50 1.00
2020-12-31 0.65 0.95 0.14 7.00
2019-12-31 -0.29 -0.05 -0.81 8.00
NYSE:SLCA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -3.36
2018-12-31 -2.63
2018-09-30 1.61
2018-06-30 2.03
2018-03-31 2.16
2017-12-31 1.79
2017-09-30 0.83
2017-06-30 0.18
2017-03-31 -0.38
2016-12-31 -0.63
2016-09-30 -0.83
2016-06-30 -0.64

*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.
  • U.S. Silica Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess U.S. Silica Holdings'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.
U.S. Silica Holdings has a total score of 4/6, 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 U.S. Silica Holdings 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 U.S. Silica Holdings'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.
  • U.S. Silica Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare U.S. Silica Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare U.S. Silica Holdings's 1-year growth to the US Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
U.S. Silica Holdings'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 U.S. Silica Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SLCA 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 1,586.74 -251.43 133.26
2018-12-31 1,577.30 -200.81 131.09
2018-09-30 1,580.48 127.21 131.82
2018-06-30 1,502.34 162.16 126.24
2018-03-31 1,365.37 173.98 113.65
2017-12-31 1,240.85 145.21 102.66
2017-09-30 1,062.66 66.31 89.22
2017-06-30 855.38 13.70 79.12
2017-03-31 681.91 -27.53 68.91
2016-12-31 559.63 -41.06 61.57
2016-09-30 513.36 -49.43 64.24
2016-06-30 531.02 -35.68 59.33
2016-03-31 561.54 -13.96 51.32
2015-12-31 642.99 11.87 62.78
2015-09-30 756.47 60.43 82.75
2015-06-30 842.31 99.29 87.80
2015-03-31 900.60 118.03 100.49
2014-12-31 876.74 121.54 88.97
2014-09-30 776.63 104.70 62.97
2014-06-30 679.74 84.68 57.17
2014-03-31 603.77 76.16 48.00
2013-12-31 545.99 75.26 49.76
2013-09-30 515.36 80.38 50.25
2013-06-30 486.87 77.91 47.58
2013-03-31 461.64 77.19 47.20
2012-12-31 441.92 79.05 44.70
2012-09-30 406.71 67.41 48.46

*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.
  • It is difficult to establish if U.S. Silica Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if U.S. Silica Holdings has efficiently used its assets last year compared to the US Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if U.S. Silica Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess U.S. Silica Holdings'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.
U.S. Silica Holdings has a total score of 0/6, 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 U.S. Silica Holdings'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 U.S. Silica Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • U.S. Silica Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • U.S. Silica Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of U.S. Silica Holdings'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 not covered by short term assets, assets are 0.5x 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 U.S. Silica Holdings Company Filings, last reported 3 months ago.

NYSE:SLCA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,034.10 1,261.73 161.62
2018-12-31 1,052.30 1,261.55 202.50
2018-09-30 1,369.48 1,264.53 345.58
2018-06-30 1,358.50 1,267.35 322.36
2018-03-31 1,352.98 510.91 329.51
2017-12-31 1,396.51 511.94 384.57
2017-09-30 1,348.80 511.30 463.65
2017-06-30 1,302.21 511.13 598.54
2017-03-31 1,273.90 512.52 660.90
2016-12-31 1,273.29 513.24 711.23
2016-09-30 810.80 506.63 264.06
2016-06-30 541.35 490.04 454.21
2016-03-31 554.99 490.87 470.24
2015-12-31 384.17 491.71 298.93
2015-09-30 397.67 494.94 299.77
2015-06-30 404.00 497.20 322.23
2015-03-31 398.05 500.95 327.81
2014-12-31 403.82 495.09 338.21
2014-09-30 391.14 374.38 196.86
2014-06-30 353.48 373.17 181.08
2014-03-31 326.65 373.11 160.77
2013-12-31 309.29 376.11 153.24
2013-09-30 287.65 375.97 153.67
2013-06-30 267.04 266.09 47.07
2013-03-31 250.96 269.74 42.92
2012-12-31 231.69 260.82 61.02
2012-09-30 238.19 266.46 93.01
  • U.S. Silica Holdings's level of debt (122%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (114.1% vs 122% today).
  • Debt is not well covered by operating cash flow (19.3%, less than 20% of total debt).
  • U.S. Silica Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess U.S. Silica Holdings'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. U.S. Silica Holdings has a total score of 1/6, 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 U.S. Silica Holdings'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
2.06%
Current annual income from U.S. Silica Holdings dividends. Estimated to be 2.03% next year.
If you bought $2,000 of U.S. Silica Holdings shares you are expected to receive $41 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?
  • U.S. Silica Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.42%).
  • U.S. Silica Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
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
NYSE:SLCA 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 15 Analyst Estimates (S&P Global) See Below
United States of America Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
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.

NYSE:SLCA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.24 3.00
2020-12-31 0.25 9.00
2019-12-31 0.25 10.00
NYSE:SLCA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-13 0.250 2.145
2019-02-15 0.250 1.595
2018-11-13 0.250 1.946
2018-07-16 0.250 1.284
2018-05-14 0.250 0.865
2018-02-20 0.250 0.912
2017-11-06 0.250 0.744
2017-07-24 0.250 0.885
2017-05-08 0.250 0.707
2017-04-25 0.250 0.636
2017-04-24 0.250 0.595
2016-11-07 0.250 0.489
2016-07-25 0.250 0.593
2016-05-09 0.250 0.803
2016-04-27 0.250 1.019
2016-04-26 0.250 0.968
2015-11-09 0.250 1.286
2015-10-28 0.500 2.598
2015-10-27 0.500 3.104
2015-07-29 0.500 2.708
2015-07-28 0.500 2.149
2015-02-13 0.500 1.613
2014-10-24 0.500 1.643
2014-07-28 0.500 0.850
2014-04-28 0.500 0.969
2014-02-10 0.500 1.406
2013-10-25 0.500 1.557
2013-07-31 0.500 1.963
2013-04-30 0.500 2.302

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

  • Whilst dividend payments have been stable, U.S. Silica Holdings has been paying a dividend for less than 10 years.
  • U.S. Silica Holdings has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of U.S. Silica Holdings's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess U.S. Silica Holdings'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 U.S. Silica Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. U.S. Silica Holdings has a total score of 2/6, 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 U.S. Silica Holdings'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
Bryan Shinn
COMPENSATION $4,158,772
AGE 57
TENURE AS CEO 7.5 years
CEO Bio

Mr. Bryan A. Shinn has been the Chief Executive Officer and President at U.S. Silica Holdings, Inc. since January 10, 2012 and March 2, 2011 respectively. Mr. Shinn serves as the Chief Executive Officer and President of U.S. Silica Company, Inc. He joined U.S. Silica in October 2009 and served as its Senior Vice President of Sales & Marketing from 2009 to 2011. He served in the midst of a long and distinguished 25 years career with E. I. du Pont de Nemours, where he served a variety of sales, marketing and business leadership roles including Global Business Director and Global Sales Director. He has a strong international experience having worked extensively in the Asia Pacific region and having lived in Brazil, where he was Latin America Regional Business Director, Specialty Chemicals. His commercial skills are complimented by a strong operations background as he worked for over 10 years in a variety of plant and engineering leadership roles early in his DuPont career. He has been a Director of U.S. Silica Holdings, Inc. since January 10, 2012 and U.S. Silica Holdings since January 10, 2012. Mr. Shinn is a Graduate of the University of Delaware with a B.S. Degree in Mechanical Engineering.

CEO Compensation
  • Bryan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bryan'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 U.S. Silica Holdings management team in years:

6
Average Tenure
55
Average Age
  • The average tenure for the U.S. Silica Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bryan Shinn

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
7.5 yrs

Don Merril

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
55
TENURE
6.5 yrs

Mike Winkler

TITLE
Executive VP & COO
COMPENSATION
$2M
AGE
54
TENURE
5.6 yrs

Brad Casper

TITLE
Executive VP & Chief Commercial Officer
COMPENSATION
$2M
AGE
44
TENURE
4.2 yrs

Mike Lawson

TITLE
Vice President of Investor Relations and Corporate Communications
AGE
63
TENURE
6.7 yrs

W. Macan

TITLE
Senior VP
TENURE
0.8 yrs

Dave Murry

TITLE
Senior VP & Chief Human Resources Officer
AGE
57
TENURE
7.8 yrs

John Blanchard

TITLE
Senior VP and President of Industrial & Specialty Products
COMPENSATION
$2M
AGE
45
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the U.S. Silica Holdings board of directors in years:

7.2
Average Tenure
60
Average Age
  • The tenure for the U.S. Silica Holdings board of directors is about average.
Board of Directors

Charlie Shaver

TITLE
Chairman
COMPENSATION
$354K
AGE
60

Bryan Shinn

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
7.5 yrs

Bill Kacal

TITLE
Independent Director
COMPENSATION
$247K
AGE
70
TENURE
7.5 yrs

Peter Bernard

TITLE
Independent Director
COMPENSATION
$237K
AGE
57
TENURE
7.2 yrs

Mike Stice

TITLE
Outside Director
COMPENSATION
$244K
AGE
60
TENURE
5.8 yrs

Diane Duren

TITLE
Outside Director
COMPENSATION
$214K
AGE
59
TENURE
1.9 yrs

Bonnie Cruickshank-Lind

TITLE
Director
AGE
61
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by U.S. Silica Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. May 19 Buy Charles Shaver Individual 09. May 19 09. May 19 10,000 $13.06 $130,600
13. May 19 Sell David Murry Individual 10. May 19 10. May 19 -6,957 $12.81 $-89,119
14. Dec 18 Buy William Kacal Individual 13. Dec 18 13. Dec 18 5,000 $11.29 $56,450
29. Oct 18 Buy Michael Winkler Individual 26. Oct 18 26. Oct 18 2,000 $13.98 $27,960
03. Oct 18 Buy William Kacal Individual 28. Sep 18 28. Sep 18 10,000 $18.88 $188,800
03. Oct 18 Buy Bradford Casper Individual 28. Sep 18 28. Sep 18 1,500 $18.96 $28,440
03. Oct 18 Buy Donald Merril Individual 28. Sep 18 28. Sep 18 500 $18.86 $9,430
03. Oct 18 Buy J. Stice Individual 28. Sep 18 28. Sep 18 5,414 $18.49 $100,105
01. Oct 18 Buy Bryan Shinn Individual 27. Sep 18 27. Sep 18 2,200 $18.45 $40,590
X
Management checks
We assess U.S. Silica Holdings'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. U.S. Silica Holdings 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

These 4 Measures Indicate That U.S. Silica Holdings (NYSE:SLCA) Is Using Debt In A Risky Way

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. … Silica Holdings does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time. … Silica Holdings saw substantial negative free cash flow, in total.

Simply Wall St -

Consider This Before Buying U.S. Silica Holdings, Inc. (NYSE:SLCA) For The 2.3% Dividend

Silica Holdings is paying a dividend but reported a loss over the past year, we need to check its balance sheet for signs of financial distress. … Silica Holdings has been paying a dividend for the past six years. … However, it's also important to assess if earnings per share (EPS) are growing. Growing EPS can help maintain or increase the purchasing power of the dividend over the long run. It's not great to see that U.S. Silica Holdings's have fallen at approximately 34% over the past five years. If earnings continue to decline, the dividend may come under pressure. Every investor should make an assessment of whether the company is taking steps to stabilise the situation. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

The U.S. Silica Holdings (NYSE:SLCA) Share Price Is Down 74% So Some Shareholders Are Rather Upset

Silica Holdings stock, you should check out this free report showing analyst profit forecasts. … It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at. … Silica Holdings is not the only stock insiders are buying.

Simply Wall St -

How Many U.S. Silica Holdings, Inc. (NYSE:SLCA) Shares Did Insiders Buy, In The Last Year?

Silica Holdings Insider Transactions Over The Last Year. … Happily, we note that in the last year insiders bought 26614 shares for a total of US$452k. … Silica Holdings insiders bought shares last year, they didn't sell

Simply Wall St -

How Financially Strong Is U.S. Silica Holdings, Inc. (NYSE:SLCA)?

Investors are always looking for growth in small-cap stocks like U.S. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

How Much is U.S. Silica Holdings, Inc.'s (NYSE:SLCA) CEO Getting Paid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Bryan Shinn's Compensation Compare With Similar Sized Companies. … is worth US$1.1b, and total annual CEO compensation is US$4.7m.

Simply Wall St -

Is U.S. Silica Holdings, Inc. (NYSE:SLCA) A Smart Pick For Income Investors?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Silica Holdings, Inc. … Silica Holdings should have a place in your portfolio.

Simply Wall St -

Should You Care About U.S. Silica Holdings, Inc.’s (NYSE:SLCA) Investment Potential?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Does U.S. Silica Holdings, Inc. (NYSE:SLCA) 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). … Silica Holdings, Inc.'s (NYSE:SLCA) P/E ratio and reflect on what it tells us about the company's share price. … Silica Holdings has a price to earnings ratio of 7.73, based on the last twelve months.

Simply Wall St -

How Financially Strong Is U.S. Silica Holdings, Inc. (NYSE:SLCA)?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Energy Services industry,. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Company Info

Description

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products. The company also provides ground commercial silica products for use in plastics, rubber, polishes, cleansers, paints, glazes, textile fiberglass, and precision castings; fine ground silica for use in premium paints, specialty coatings, sealants, silicone rubber, and epoxies; and engineered performance materials made from diatomaceous earth (DE), clay, and perlite. In addition, it offers other industrial mineral products, such as aplite, a mineral used to produce container glass and insulation fiberglass; magnesium silicate, a adsorbent made from a mixture of silica and magnesium for preparative and analytical chromatography applications; and DE and clay aggregates used as an absorbent for automotive, industrial, and sports turf applications. U.S. Silica Holdings, Inc. serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing; and industrial and specialty products end markets. The company was formerly known as GGC USS Holdings, Inc. U.S. Silica Holdings, Inc. was incorporated in 2008 and is headquartered in Katy, Texas.

Details
Name: U.S. Silica Holdings, Inc.
SLCA
Exchange: NYSE
Founded: 2008
$891,467,717
73,553,442
Website: http://www.ussilica.com
Address: U.S. Silica Holdings, Inc.
24275 Katy Freeway,
Suite 100,
Katy,
Texas, 77494,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SLCA Common Stock New York Stock Exchange US USD 01. Feb 2012
DB USI Common Stock Deutsche Boerse AG DE EUR 01. Feb 2012
Number of employees
Current staff
Staff numbers
2,812
U.S. Silica Holdings employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 00:29
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/15
Last earnings filing: 2019/05/01
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.