SANDSTORM GOLD LTD (SAND)
CA80013R2063 - Common Stock
Taking everything into account, SAND scores 5 out of 10 in our fundamental rating. SAND was compared to 154 industry peers in the Metals & Mining industry. While SAND belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SAND is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAND was profitable.
SAND had a positive operating cash flow in the past year.
In the past 5 years SAND has always been profitable.
In the past 5 years SAND always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.16%, SAND is in the better half of the industry, outperforming 65.58% of the companies in the same industry.
SAND's Return On Equity of 2.92% is fine compared to the rest of the industry. SAND outperforms 62.34% of its industry peers.
SAND's Return On Invested Capital of 3.33% is in line compared to the rest of the industry. SAND outperforms 57.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SAND is significantly below the industry average of 8.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.16% | ||
| ROE | 2.92% | ||
| ROIC | 3.33% |
ROA(3y)3.53%
ROA(5y)3.07%
ROE(3y)4.37%
ROE(5y)3.63%
ROIC(3y)3.82%
ROIC(5y)3.74%
1.3 Margins
SAND has a Profit Margin of 23.22%. This is amongst the best in the industry. SAND outperforms 94.81% of its industry peers.
SAND's Profit Margin has improved in the last couple of years.
The Operating Margin of SAND (39.37%) is better than 95.45% 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 46.00%, SAND belongs to the top of the industry, outperforming 86.36% 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 | 39.37% | ||
| PM (TTM) | 23.22% | ||
| GM | 46% |
OM growth 3Y-0.57%
OM growth 5Y7.94%
PM growth 3Y16.1%
PM growth 5Y23.57%
GM growth 3Y-2.32%
GM growth 5Y3.68%
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.
Compared to 1 year ago, SAND has less shares outstanding
Compared to 5 years ago, SAND has more shares outstanding
The debt/assets ratio for SAND has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.29 indicates that SAND is not a great score, but indicates only limited risk for bankruptcy at the moment.
SAND has a Altman-Z score (2.29) which is in line with its industry peers.
SAND has a debt to FCF ratio of 3.43. This is a good value and a sign of high solvency as SAND would need 3.43 years to pay back of all of its debts.
SAND has a better Debt to FCF ratio (3.43) than 74.03% of its industry peers.
SAND has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SAND (0.32) is worse than 62.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 3.43 | ||
| Altman-Z | 2.29 |
ROIC/WACC0.42
WACC7.85%
2.3 Liquidity
A Current Ratio of 3.32 indicates that SAND has no problem at all paying its short term obligations.
SAND's Current ratio of 3.32 is fine compared to the rest of the industry. SAND outperforms 66.88% of its industry peers.
SAND has a Quick Ratio of 3.32. This indicates that SAND is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of SAND (3.32) is better than 74.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 3.32 |
3. Growth
3.1 Past
SAND shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.33%.
The Earnings Per Share has been growing by 37.22% on average over the past years. This is a very strong growth
Looking at the last year, SAND shows a very strong growth in Revenue. The Revenue has grown by 20.77%.
SAND shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.67% yearly.
EPS 1Y (TTM)-33.33%
EPS 3Y17.84%
EPS 5Y37.22%
EPS growth Q2Q900%
Revenue 1Y (TTM)20.77%
Revenue growth 3Y24.54%
Revenue growth 5Y19.67%
Revenue growth Q2Q15.73%
3.2 Future
The Earnings Per Share is expected to grow by 4.13% on average over the next years.
The Revenue is expected to decrease by -10.21% on average over the next years. This is quite bad
EPS Next Y-57.52%
EPS Next 2Y-11.37%
EPS Next 3Y-18.45%
EPS Next 5Y4.13%
Revenue Next Year-5.7%
Revenue Next 2Y3.05%
Revenue Next 3Y-10.21%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 30.33, which means the current valuation is very expensive for SAND.
Based on the Price/Earnings ratio, SAND is valued a bit cheaper than 62.99% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.67. SAND is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 71.40, which means the current valuation is very expensive for SAND.
The rest of the industry has a similar Price/Forward Earnings ratio as SAND.
The average S&P500 Price/Forward Earnings ratio is at 21.02. SAND is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.33 | ||
| Fwd PE | 71.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SAND is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SAND indicates a rather cheap valuation: SAND is cheaper than 84.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.34 | ||
| EV/EBITDA | 13.75 |
4.3 Compensation for Growth
The decent profitability rating of SAND may justify a higher PE ratio.
SAND's earnings are expected to decrease with -18.45% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y-11.37%
EPS Next 3Y-18.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.07%, SAND has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.88, SAND pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, SAND's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
SAND has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SAND pays out 42.51% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.51%
EPS Next 2Y-11.37%
EPS Next 3Y-18.45%
SANDSTORM GOLD LTD
NYSE:SAND (4/30/2024, 7:22:53 PM)
Premarket: 5.441 -0.02 (-0.35%)5.46
-0.2 (-3.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.63B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.33 | ||
| Fwd PE | 71.4 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.16% | ||
| ROE | 2.92% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 39.37% | ||
| PM (TTM) | 23.22% | ||
| GM | 46% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.32 | ||
| Quick Ratio | 3.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-33.33%
EPS 3Y17.84%
EPS 5Y
EPS growth Q2Q
EPS Next Y-57.52%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.77%
Revenue growth 3Y24.54%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y