Sandstorm Gold Ltd (SSL.CA) Stock Fundamental Analysis

TSX:SSL • CA80013R2063

16.15 CAD
-0.35 (-2.12%)
Last: Oct 21, 2025, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to SSL. SSL was compared to 802 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making SSL a very profitable company, without any liquidiy or solvency issues. SSL is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make SSL suitable for value and quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • SSL had positive earnings in the past year.
  • SSL had a positive operating cash flow in the past year.
  • SSL had positive earnings in each of the past 5 years.
  • SSL had a positive operating cash flow in each of the past 5 years.
SSL.CA Yearly Net Income VS EBIT VS OCF VS FCFSSL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M

1.2 Ratios

  • SSL has a Return On Assets of 1.88%. This is amongst the best in the industry. SSL outperforms 86.21% of its industry peers.
  • SSL's Return On Equity of 2.41% is amongst the best of the industry. SSL outperforms 86.83% of its industry peers.
  • The Return On Invested Capital of SSL (3.46%) is better than 90.68% of its industry peers.
  • SSL had an Average Return On Invested Capital over the past 3 years of 2.26%. This is significantly below the industry average of 12.22%.
  • The 3 year average ROIC (2.26%) for SSL is below the current ROIC(3.46%), indicating increased profibility in the last year.
Industry RankSector 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%
SSL.CA Yearly ROA, ROE, ROICSSL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3 4 5

1.3 Margins

  • SSL has a better Profit Margin (17.78%) than 93.42% of its industry peers.
  • SSL's Profit Margin has declined in the last couple of years.
  • SSL's Operating Margin of 45.18% is amongst the best of the industry. SSL outperforms 98.39% of its industry peers.
  • In the last couple of years the Operating Margin of SSL has grown nicely.
  • SSL has a better Gross Margin (59.70%) than 96.77% of its industry peers.
  • SSL's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
SSL.CA Yearly Profit, Operating, Gross MarginsSSL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SSL is destroying value.
  • The number of shares outstanding for SSL has been reduced compared to 1 year ago.
  • The number of shares outstanding for SSL has been increased compared to 5 years ago.
  • SSL has a better debt/assets ratio than last year.
SSL.CA Yearly Shares OutstandingSSL.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
SSL.CA Yearly Total Debt VS Total AssetsSSL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • SSL has an Altman-Z score of 5.49. This indicates that SSL is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.49, SSL is in line with its industry, outperforming 59.01% of the companies in the same industry.
  • SSL has a debt to FCF ratio of 2.20. This is a good value and a sign of high solvency as SSL would need 2.20 years to pay back of all of its debts.
  • SSL has a better Debt to FCF ratio (2.20) than 92.55% of its industry peers.
  • A Debt/Equity ratio of 0.22 indicates that SSL is not too dependend on debt financing.
  • The Debt to Equity ratio of SSL (0.22) is worse than 68.70% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for SSL, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 2.2
Altman-Z 5.49
ROIC/WACC0.42
WACC8.29%
SSL.CA Yearly LT Debt VS Equity VS FCFSSL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

2.3 Liquidity

  • A Current Ratio of 2.40 indicates that SSL has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.40, SSL is in line with its industry, outperforming 54.91% of the companies in the same industry.
  • SSL has a Quick Ratio of 2.40. This indicates that SSL is financially healthy and has no problem in meeting its short term obligations.
  • With a Quick ratio value of 2.40, SSL perfoms like the industry average, outperforming 57.02% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.4
Quick Ratio 2.4
SSL.CA Yearly Current Assets VS Current LiabilitesSSL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 20.00% over the past year.
  • SSL shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.51% yearly.
  • The Revenue has grown by 13.87% in the past year. This is quite good.
  • The Revenue has been growing by 14.54% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, SSL will show a very strong growth in Earnings Per Share. The EPS will grow by 56.04% on average per year.
  • The Revenue is expected to grow by 6.55% on average over the next years.
EPS Next Y279.32%
EPS Next 2Y134.08%
EPS Next 3Y88.2%
EPS Next 5Y56.04%
Revenue Next Year10.11%
Revenue Next 2Y11.67%
Revenue Next 3Y8.3%
Revenue Next 5Y6.55%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SSL.CA Yearly Revenue VS EstimatesSSL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M
SSL.CA Yearly EPS VS EstimatesSSL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 -0.2 0.4

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 95.00, which means the current valuation is very expensive for SSL.
  • 86.46% of the companies in the same industry are more expensive than SSL, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.21. SSL is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 42.03, SSL can be considered very expensive at the moment.
  • 86.96% of the companies in the same industry are more expensive than SSL, based on the Price/Forward Earnings ratio.
  • SSL is valuated rather expensively when we compare the Price/Forward Earnings ratio to 28.13, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 95
Fwd PE 42.03
SSL.CA Price Earnings VS Forward Price EarningsSSL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SSL indicates a rather cheap valuation: SSL is cheaper than 90.31% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, SSL is valued cheaper than 94.66% of the companies in the same industry.
Industry RankSector Rank
P/FCF 23.75
EV/EBITDA 25.3
SSL.CA Per share dataSSL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • SSL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The excellent profitability rating of SSL may justify a higher PE ratio.
  • A more expensive valuation may be justified as SSL's earnings are expected to grow with 88.20% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y134.08%
EPS Next 3Y88.2%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.50%, SSL is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.41, SSL pays a better dividend. On top of this SSL pays more dividend than 95.65% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, SSL's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.5%

5.2 History

  • SSL 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
SSL.CA Yearly Dividends per shareSSL.CA Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.02 0.04 0.06 0.08

5.3 Sustainability

  • 49.36% of the earnings are spent on dividend by SSL. This is a bit on the high side, but may be sustainable.
DP49.36%
EPS Next 2Y134.08%
EPS Next 3Y88.2%
SSL.CA Yearly Income VS Free CF VS DividendSSL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M
SSL.CA Dividend Payout.SSL.CA Dividend Payout, showing the Payout Ratio.SSL.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

Sandstorm Gold Ltd

TSX:SSL (10/21/2025, 7:00:00 PM)

16.15

-0.35 (-2.12%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-07
Earnings (Next)11-10
Inst Owners61.12%
Inst Owner ChangeN/A
Ins Owners1.32%
Ins Owner ChangeN/A
Market Cap4.76B
Revenue(TTM)193.59M
Net Income(TTM)34.42M
Analysts78.18
Price Target14.8 (-8.36%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.5%
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP49.36%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)2.65%
PT rev (3m)4.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.7%
EPS NY rev (1m)0%
EPS NY rev (3m)7.92%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.72%
Valuation
Industry RankSector Rank
PE 95
Fwd PE 42.03
P/S 17.54
P/FCF 23.75
P/OCF 22.97
P/B 2.38
P/tB 2.38
EV/EBITDA 25.3
EPS(TTM)0.17
EY1.05%
EPS(NY)0.38
Fwd EY2.38%
FCF(TTM)0.68
FCFY4.21%
OCF(TTM)0.7
OCFY4.35%
SpS0.92
BVpS6.79
TBVpS6.79
PEG (NY)0.34
PEG (5Y)N/A
Graham Number5.1
Profitability
Industry RankSector 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%
ROICexgc growth 3Y-18.66%
ROICexgc 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 RankSector 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 5.49
F-Score9
WACC8.29%
ROIC/WACC0.42
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 Y279.32%
EPS Next 2Y134.08%
EPS Next 3Y88.2%
EPS Next 5Y56.04%
Revenue 1Y (TTM)13.87%
Revenue growth 3Y15.34%
Revenue growth 5Y14.54%
Sales Q2Q%24.29%
Revenue Next Year10.11%
Revenue Next 2Y11.67%
Revenue Next 3Y8.3%
Revenue Next 5Y6.55%
EBIT growth 1Y38.46%
EBIT growth 3Y17.96%
EBIT growth 5Y30.71%
EBIT Next Year81.13%
EBIT Next 3Y26.32%
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%

Sandstorm Gold Ltd / SSL.CA FAQ

What is the ChartMill fundamental rating of Sandstorm Gold Ltd (SSL.CA) stock?

ChartMill assigns a fundamental rating of 7 / 10 to SSL.CA.


What is the valuation status of Sandstorm Gold Ltd (SSL.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to Sandstorm Gold Ltd (SSL.CA). This can be considered as Undervalued.


How profitable is Sandstorm Gold Ltd (SSL.CA) stock?

Sandstorm Gold Ltd (SSL.CA) has a profitability rating of 8 / 10.


Can you provide the financial health for SSL stock?

The financial health rating of Sandstorm Gold Ltd (SSL.CA) is 7 / 10.


Is the dividend of Sandstorm Gold Ltd sustainable?

The dividend rating of Sandstorm Gold Ltd (SSL.CA) is 3 / 10 and the dividend payout ratio is 49.36%.