SANDSTORM GOLD LTD (SSL.CA) Stock Fundamental Analysis
TSX:SSL - CA80013R2063 - Common Stock
15.34 CAD
+0.26 (+1.72%)
SSL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 803 industry peers in the Metals & Mining industry. SSL has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on SSL. These ratings would make SSL suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year SSL was profitable.
In the past year SSL had a positive cash flow from operations.
Each year in the past 5 years SSL has been profitable.
SSL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 1.88%, SSL belongs to the best of the industry, outperforming 86.92% of the companies in the same industry.
SSL's Return On Equity of 2.41% is amongst the best of the industry. SSL outperforms 87.17% of its industry peers.
SSL's Return On Invested Capital of 3.46% is amongst the best of the industry. SSL outperforms 90.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SSL is significantly below the industry average of 11.82%.
The last Return On Invested Capital (3.46%) for SSL 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
SSL's Profit Margin of 17.78% is amongst the best of the industry. SSL outperforms 93.90% 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 98.13% of its industry peers.
SSL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 59.70%, SSL belongs to the top of the industry, outperforming 96.76% of the companies in the same industry.
In the last couple of years the Gross Margin of SSL 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SSL is destroying value.
SSL has less shares outstanding than it did 1 year ago.
SSL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SSL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.31 indicates that SSL is not in any danger for bankruptcy at the moment.
SSL has a Altman-Z score of 5.31. This is in the better half of the industry: SSL outperforms 62.39% of its industry peers.
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.
With an excellent Debt to FCF ratio value of 2.20, SSL belongs to the best of the industry, outperforming 93.40% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that SSL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.22, SSL is doing worse than 68.99% of the companies in the same industry.
Although SSL does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.2 | ||
| Altman-Z | 5.31 |
ROIC/WACC0.36
WACC9.49%
2.3 Liquidity
A Current Ratio of 2.40 indicates that SSL has no problem at all paying its short term obligations.
SSL has a Current ratio (2.40) which is in line with its industry peers.
A Quick Ratio of 2.40 indicates that SSL has no problem at all paying its short term obligations.
The Quick ratio of SSL (2.40) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
SSL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.00%, which is quite good.
Measured over the past years, SSL shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.51% on average per year.
SSL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.87%.
Measured over the past years, SSL shows a quite strong growth in Revenue. The Revenue has been growing by 14.54% on average per year.
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
The Earnings Per Share is expected to grow by 56.04% on average over the next years. This is a very strong growth
Based on estimates for the next years, SSL will show a small growth in Revenue. The Revenue will grow by 3.91% on average per year.
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
A Price/Earnings ratio of 90.24 indicates a quite expensive valuation of SSL.
Compared to the rest of the industry, the Price/Earnings ratio of SSL indicates a rather cheap valuation: SSL is cheaper than 86.43% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.13. SSL is valued rather expensively when compared to this.
SSL is valuated quite expensively with a Price/Forward Earnings ratio of 42.02.
SSL's Price/Forward Earnings ratio is rather cheap when compared to the industry. SSL is cheaper than 86.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.76. SSL is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.24 | ||
| Fwd PE | 42.02 |
4.2 Price Multiples
89.79% of the companies in the same industry are more expensive than SSL, based on the Enterprise Value to EBITDA ratio.
94.27% of the companies in the same industry are more expensive than SSL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.87 | ||
| EV/EBITDA | 24.44 |
4.3 Compensation for Growth
The 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 86.92% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y130.43%
EPS Next 3Y86.92%
5. Dividend
5.1 Amount
SSL has a yearly dividend return of 0.53%, which is pretty low.
SSL's Dividend Yield is rather good when compared to the industry average which is at 15.99. SSL pays more dividend than 95.14% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, SSL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
SSL 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
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 2Y130.43%
EPS Next 3Y86.92%
TSX:SSL (8/29/2025, 7:00:00 PM)
15.34
+0.26 (+1.72%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners56.68%
Inst Owner ChangeN/A
Ins Owners1.09%
Ins Owner ChangeN/A
Market Cap4.50B
Analysts80
Price Target14.47 (-5.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.08
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)1.72%
PT rev (3m)13.07%
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)-7.23%
Revenue NY rev (3m)-8.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.24 | ||
| Fwd PE | 42.02 | ||
| P/S | 16.89 | ||
| P/FCF | 22.87 | ||
| P/OCF | 22.12 | ||
| P/B | 2.29 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 24.44 |
EPS(TTM)0.17
EY1.11%
EPS(NY)0.37
Fwd EY2.38%
FCF(TTM)0.67
FCFY4.37%
OCF(TTM)0.69
OCFY4.52%
SpS0.91
BVpS6.7
TBVpS6.7
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 | 5.31 |
F-Score9
WACC9.49%
ROIC/WACC0.36
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%