SANDSTORM GOLD LTD (SAND) Stock Fundamental Analysis
NYSE:SAND - CA80013R2063 - Common Stock
11.01 USD
-0.11 (-0.99%)
11.07 USD
+0.06 (+0.54%)
Taking everything into account, SAND scores 6 out of 10 in our fundamental rating. SAND was compared to 155 industry peers in the Metals & Mining industry. SAND scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SAND is not valued too expensively and it also shows a decent growth rate. This makes SAND very considerable for quality investing!
1. Profitability
1.1 Basic Checks
SAND had positive earnings in the past year.
In the past year SAND had a positive cash flow from operations.
SAND had positive earnings in each of the past 5 years.
Each year in the past 5 years SAND had a positive operating cash flow.
1.2 Ratios
SAND has a Return On Assets of 1.88%. This is in the better half of the industry: SAND outperforms 63.87% of its industry peers.
SAND's Return On Equity of 2.41% is fine compared to the rest of the industry. SAND outperforms 62.58% of its industry peers.
With a Return On Invested Capital value of 3.46%, SAND perfoms like the industry average, outperforming 58.71% of the companies in the same industry.
SAND had an Average Return On Invested Capital over the past 3 years of 2.26%. This is significantly below the industry average of 12.86%.
The last Return On Invested Capital (3.46%) for SAND is above the 3 year average (2.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 2.41% | ||
| ROIC | 3.46% |
ROA(3y)2.3%
ROA(5y)2.69%
ROE(3y)3.15%
ROE(5y)3.26%
ROIC(3y)2.26%
ROIC(5y)3.1%
1.3 Margins
With an excellent Profit Margin value of 17.78%, SAND belongs to the best of the industry, outperforming 84.52% of the companies in the same industry.
SAND's Profit Margin has declined in the last couple of years.
SAND's Operating Margin of 45.18% is amongst the best of the industry. SAND outperforms 93.55% of its industry peers.
SAND's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 59.70%, SAND belongs to the top of the industry, outperforming 92.26% of the companies in the same industry.
In the last couple of years the Gross Margin of SAND has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.18% | ||
| PM (TTM) | 17.78% | ||
| GM | 59.7% |
OM growth 3Y2.28%
OM growth 5Y14.11%
PM growth 3Y-30.37%
PM growth 5Y-15.07%
GM growth 3Y0.14%
GM growth 5Y7.89%
2. Health
2.1 Basic Checks
SAND has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
SAND has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SAND has been increased compared to 5 years ago.
SAND has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.24 indicates that SAND is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.24, SAND is in the better half of the industry, outperforming 72.90% of the companies in the same industry.
SAND has a debt to FCF ratio of 2.20. This is a good value and a sign of high solvency as SAND would need 2.20 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.20, SAND is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
SAND has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
SAND has a Debt to Equity ratio of 0.22. This is comparable to the rest of the industry: SAND outperforms 47.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.2 | ||
| Altman-Z | 5.24 |
ROIC/WACC0.37
WACC9.42%
2.3 Liquidity
SAND has a Current Ratio of 2.40. This indicates that SAND is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.40, SAND is in line with its industry, outperforming 52.26% of the companies in the same industry.
A Quick Ratio of 2.40 indicates that SAND has no problem at all paying its short term obligations.
SAND has a Quick ratio of 2.40. This is in the better half of the industry: SAND outperforms 65.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 20.00% over the past year.
The Earnings Per Share has been decreasing by -6.51% on average over the past years.
Looking at the last year, SAND shows a quite strong growth in Revenue. The Revenue has grown by 13.87% in the last year.
SAND shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.54% yearly.
EPS 1Y (TTM)20%
EPS 3Y-25.31%
EPS 5Y-6.51%
EPS Q2Q%66.67%
Revenue 1Y (TTM)13.87%
Revenue growth 3Y15.34%
Revenue growth 5Y14.54%
Sales Q2Q%24.29%
3.2 Future
SAND is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.04% yearly.
The Revenue is expected to grow by 3.91% on average over the next years.
EPS Next Y258.55%
EPS Next 2Y130.43%
EPS Next 3Y86.92%
EPS Next 5Y56.04%
Revenue Next Year5.88%
Revenue Next 2Y9.07%
Revenue Next 3Y8.3%
Revenue Next 5Y3.91%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 91.75, which means the current valuation is very expensive for SAND.
The rest of the industry has a similar Price/Earnings ratio as SAND.
When comparing the Price/Earnings ratio of SAND to the average of the S&P500 Index (27.14), we can say SAND is valued expensively.
A Price/Forward Earnings ratio of 41.47 indicates a quite expensive valuation of SAND.
SAND's Price/Forward Earnings is on the same level as the industry average.
SAND is valuated expensively when we compare the Price/Forward Earnings ratio to 22.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.75 | ||
| Fwd PE | 41.47 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAND.
Based on the Price/Free Cash Flow ratio, SAND is valued a bit cheaper than the industry average as 79.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.57 | ||
| EV/EBITDA | 24.15 |
4.3 Compensation for Growth
SAND's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SAND may justify a higher PE ratio.
SAND's earnings are expected to grow with 86.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y130.43%
EPS Next 3Y86.92%
5. Dividend
5.1 Amount
With a yearly dividend of 0.53%, SAND is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.59, SAND pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, SAND's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
SAND has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SAND pays out 49.36% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.36%
EPS Next 2Y130.43%
EPS Next 3Y86.92%
11.01
-0.11 (-0.99%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners56.68%
Inst Owner Change8.6%
Ins Owners1.09%
Ins Owner ChangeN/A
Market Cap3.23B
Analysts80
Price Target10.42 (-5.36%)
Short Float %1.2%
Short Ratio0.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP49.36%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.94%
Min EPS beat(2)-10.88%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-31.42%
Min EPS beat(4)-75.25%
Max EPS beat(4)-0.99%
EPS beat(8)2
Avg EPS beat(8)-10.99%
EPS beat(12)4
Avg EPS beat(12)-11.13%
EPS beat(16)5
Avg EPS beat(16)8.95%
Revenue beat(2)2
Avg Revenue beat(2)1.46%
Min Revenue beat(2)1.09%
Max Revenue beat(2)1.83%
Revenue beat(4)2
Avg Revenue beat(4)0.33%
Min Revenue beat(4)-1.44%
Max Revenue beat(4)1.83%
Revenue beat(8)4
Avg Revenue beat(8)0.68%
Revenue beat(12)6
Avg Revenue beat(12)0.02%
Revenue beat(16)7
Avg Revenue beat(16)-0.43%
PT rev (1m)0.41%
PT rev (3m)12.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8%
EPS NY rev (1m)2.01%
EPS NY rev (3m)2.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-8.38%
Revenue NY rev (3m)-8.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.75 | ||
| Fwd PE | 41.47 | ||
| P/S | 16.67 | ||
| P/FCF | 22.57 | ||
| P/OCF | 21.83 | ||
| P/B | 2.26 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 24.15 |
EPS(TTM)0.12
EY1.09%
EPS(NY)0.27
Fwd EY2.41%
FCF(TTM)0.49
FCFY4.43%
OCF(TTM)0.5
OCFY4.58%
SpS0.66
BVpS4.87
TBVpS4.87
PEG (NY)0.35
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 2.41% | ||
| ROCE | 4.83% | ||
| ROIC | 3.46% | ||
| ROICexc | 3.49% | ||
| ROICexgc | 3.49% | ||
| OM | 45.18% | ||
| PM (TTM) | 17.78% | ||
| GM | 59.7% | ||
| FCFM | 73.87% |
ROA(3y)2.3%
ROA(5y)2.69%
ROE(3y)3.15%
ROE(5y)3.26%
ROIC(3y)2.26%
ROIC(5y)3.1%
ROICexc(3y)2.28%
ROICexc(5y)3.3%
ROICexgc(3y)2.28%
ROICexgc(5y)3.3%
ROCE(3y)3.15%
ROCE(5y)4.33%
ROICexcg growth 3Y-18.66%
ROICexcg growth 5Y4.72%
ROICexc growth 3Y-18.66%
ROICexc growth 5Y4.72%
OM growth 3Y2.28%
OM growth 5Y14.11%
PM growth 3Y-30.37%
PM growth 5Y-15.07%
GM growth 3Y0.14%
GM growth 5Y7.89%
F-Score9
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.2 | ||
| Debt/EBITDA | 2.16 | ||
| Cap/Depr | 8.3% | ||
| Cap/Sales | 2.5% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 101.43% | ||
| Profit Quality | 415.42% | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 | ||
| Altman-Z | 5.24 |
F-Score9
WACC9.42%
ROIC/WACC0.37
Cap/Depr(3y)359.89%
Cap/Depr(5y)302.38%
Cap/Sales(3y)145.51%
Cap/Sales(5y)114.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20%
EPS 3Y-25.31%
EPS 5Y-6.51%
EPS Q2Q%66.67%
EPS Next Y258.55%
EPS Next 2Y130.43%
EPS Next 3Y86.92%
EPS Next 5Y56.04%
Revenue 1Y (TTM)13.87%
Revenue growth 3Y15.34%
Revenue growth 5Y14.54%
Sales Q2Q%24.29%
Revenue Next Year5.88%
Revenue Next 2Y9.07%
Revenue Next 3Y8.3%
Revenue Next 5Y3.91%
EBIT growth 1Y38.46%
EBIT growth 3Y17.96%
EBIT growth 5Y30.71%
EBIT Next Year73.35%
EBIT Next 3Y25.98%
EBIT Next 5Y22.11%
FCF growth 1Y131.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.83%
OCF growth 3Y18.62%
OCF growth 5Y18.76%