NYSEAM:SDPI

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Superior Drilling Products

Market Cap

US$18.4m

Last Updated

2021/07/30 00:46 UTC

Data Sources

Company Financials +

Executive Summary

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, the Middle East, and Eastern Europe. More Details


Snowflake Analysis

Mediocre balance sheet with limited growth.


Similar Companies

Share Price & News

How has Superior Drilling Products's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SDPI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SDPI's weekly volatility has decreased from 17% to 8% over the past year.


Market Performance


7 Day Return

-7.1%

SDPI

3.6%

US Energy Services

0.8%

US Market


1 Year Return

11.9%

SDPI

51.9%

US Energy Services

37.5%

US Market

Return vs Industry: SDPI underperformed the US Energy Services industry which returned 45.5% over the past year.

Return vs Market: SDPI underperformed the US Market which returned 36.5% over the past year.


Shareholder returns

SDPIIndustryMarket
7 Day-7.1%3.6%0.8%
30 Day-19.4%-8.1%1.0%
90 Day-14.3%7.3%3.8%
1 Year11.9%11.9%56.8%51.9%39.7%37.5%
3 Year-62.3%-62.3%-49.3%-53.7%64.4%54.1%
5 Year-48.5%-48.5%-50.3%-58.7%124.9%100.0%

Long-Term Price Volatility Vs. Market

How volatile is Superior Drilling Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Superior Drilling Products undervalued compared to its fair value and its price relative to the market?

5.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SDPI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SDPI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SDPI is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: SDPI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SDPI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SDPI is overvalued based on its PB Ratio (5.6x) compared to the US Energy Services industry average (1x).


Future Growth

How is Superior Drilling Products forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

30.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDPI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SDPI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SDPI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SDPI's revenue (24% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: SDPI's revenue (24% 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 SDPI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Superior Drilling Products performed over the past 5 years?

45.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDPI is currently unprofitable.

Growing Profit Margin: SDPI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SDPI is unprofitable, but has reduced losses over the past 5 years at a rate of 45.7% per year.

Accelerating Growth: Unable to compare SDPI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SDPI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (27.1%).


Return on Equity

High ROE: SDPI has a negative Return on Equity (-143.79%), as it is currently unprofitable.


Financial Health

How is Superior Drilling Products's financial position?


Financial Position Analysis

Short Term Liabilities: SDPI's short term assets ($5.0M) exceed its short term liabilities ($4.1M).

Long Term Liabilities: SDPI's short term assets ($5.0M) do not cover its long term liabilities ($5.5M).


Debt to Equity History and Analysis

Debt Level: SDPI's debt to equity ratio (91%) is considered high.

Reducing Debt: SDPI's debt to equity ratio has reduced from 139.1% to 91% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SDPI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SDPI has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.


Dividend

What is Superior Drilling Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SDPI'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 SDPI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SDPI'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 SDPI'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?

7.3yrs

Average management tenure


CEO

G. Meier (60 yo)

7.5yrs

Tenure

US$564,546

Compensation

Mr. G. Troy Meier is the Co-Founder and President of Superior Drilling Products, Inc. and served as its Chief Innovator. Mr. Meier has been the Chief Executive Officer at Superior Drilling Products, Inc. s...


CEO Compensation Analysis

Compensation vs Market: G.'s total compensation ($USD564.55K) is about average for companies of similar size in the US market ($USD547.94K).

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


Leadership Team

Experienced Management: SDPI's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: SDPI's board of directors are considered experienced (7.5 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

Superior Drilling Products, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Superior Drilling Products, Inc.
  • Ticker: SDPI
  • Exchange: NYSEAM
  • Founded: 1993
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$18.437m
  • Shares outstanding: 25.76m
  • Website: https://www.sdpi.com

Number of Employees


Location

  • Superior Drilling Products, Inc.
  • 1583 South 1700 East
  • Vernal
  • Utah
  • 84078
  • United States

Listings


Biography

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United State...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 00:46
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
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.