SANDSTORM GOLD LTD (SAND) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:SAND • CA80013R2063

12.12 USD
-0.78 (-6.05%)
At close: Oct 17, 2025
12.1897 USD
+0.07 (+0.58%)
After Hours: 10/17/2025, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall SAND gets a fundamental rating of 6 out of 10. We evaluated SAND against 157 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making SAND a very profitable company, without any liquidiy or solvency issues. SAND has a decent growth rate and is not valued too expensively. With these ratings, SAND could be worth investigating further for quality investing!.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year SAND was profitable.
  • SAND had a positive operating cash flow in the past year.
  • Each year in the past 5 years SAND has been profitable.
  • Each year in the past 5 years SAND had a positive operating cash flow.
SAND Yearly Net Income VS EBIT VS OCF VS FCFSAND 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

  • SAND has a Return On Assets of 1.88%. This is in the better half of the industry: SAND outperforms 64.52% 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.
  • SAND has a Return On Invested Capital (3.46%) which is in line with its industry peers.
  • SAND had an Average Return On Invested Capital over the past 3 years of 2.26%. This is significantly below the industry average of 10.48%.
  • 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 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%
SAND Yearly ROA, ROE, ROICSAND Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3 4 5

1.3 Margins

  • SAND has a Profit Margin of 17.78%. This is amongst the best in the industry. SAND outperforms 85.16% of its industry peers.
  • SAND's Profit Margin has declined in the last couple of years.
  • The Operating Margin of SAND (45.18%) is better than 94.19% of its industry peers.
  • SAND's Operating Margin has improved in the last couple of years.
  • SAND's Gross Margin of 59.70% is amongst the best of the industry. SAND outperforms 92.26% of its industry peers.
  • In the last couple of years the Gross Margin of SAND has grown nicely.
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%
SAND Yearly Profit, Operating, Gross MarginsSAND Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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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), SAND is destroying value.
  • The number of shares outstanding for SAND has been reduced compared to 1 year ago.
  • The number of shares outstanding for SAND has been increased compared to 5 years ago.
  • The debt/assets ratio for SAND has been reduced compared to a year ago.
SAND Yearly Shares OutstandingSAND Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
SAND Yearly Total Debt VS Total AssetsSAND 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

  • SAND has an Altman-Z score of 5.76. This indicates that SAND is financially healthy and has little risk of bankruptcy at the moment.
  • SAND's Altman-Z score of 5.76 is fine compared to the rest of the industry. SAND outperforms 69.03% of its industry peers.
  • 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.
  • The Debt to FCF ratio of SAND (2.20) is better than 80.00% of its industry peers.
  • 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 (0.22) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 2.2
Altman-Z 5.76
ROIC/WACC0.42
WACC8.29%
SAND Yearly LT Debt VS Equity VS FCFSAND 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 SAND has no problem at all paying its short term obligations.
  • SAND's Current ratio of 2.40 is in line compared to the rest of the industry. SAND outperforms 50.97% of its industry peers.
  • SAND has a Quick Ratio of 2.40. This indicates that SAND is financially healthy and has no problem in meeting its short term obligations.
  • SAND has a better Quick ratio (2.40) than 64.52% of its industry peers.
Industry RankSector Rank
Current Ratio 2.4
Quick Ratio 2.4
SAND Yearly Current Assets VS Current LiabilitesSAND 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

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

5

3. Growth

3.1 Past

  • SAND shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.00%, which is quite good.
  • SAND 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.
  • Measured over the past years, SAND 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

  • Based on estimates for the next years, SAND will show a very strong growth in Earnings Per Share. The EPS will grow by 56.04% on average per year.
  • Based on estimates for the next years, SAND will show a small growth in Revenue. The Revenue will grow by 6.55% on average per year.
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.
  • 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.
SAND Yearly Revenue VS EstimatesSAND 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
SAND Yearly EPS VS EstimatesSAND 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

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5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 101.00 indicates a quite expensive valuation of SAND.
  • SAND's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of SAND to the average of the S&P500 Index (27.92), we can say SAND is valued expensively.
  • Based on the Price/Forward Earnings ratio of 44.24, the valuation of SAND can be described as expensive.
  • 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 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 101
Fwd PE 44.24
SAND Price Earnings VS Forward Price EarningsSAND Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAND.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of SAND indicates a rather cheap valuation: SAND is cheaper than 82.58% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 25
EV/EBITDA 26.53
SAND Per share dataSAND EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

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 decent profitability rating of SAND may justify a higher PE ratio.
  • A more expensive valuation may be justified as SAND's earnings are expected to grow with 88.20% in the coming years.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y134.08%
EPS Next 3Y88.2%

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

2

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.50%, SAND is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.02, SAND pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.50, SAND pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.5%

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
SAND Yearly Dividends per shareSAND Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.02 0.04 0.06 0.08 0.1

5.3 Sustainability

  • 49.36% of the earnings are spent on dividend by SAND. This is a bit on the high side, but may be sustainable.
DP49.36%
EPS Next 2Y134.08%
EPS Next 3Y88.2%
SAND Yearly Income VS Free CF VS DividendSAND 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
SAND Dividend Payout.SAND Dividend Payout, showing the Payout Ratio.SAND Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

SANDSTORM GOLD LTD

NYSE:SAND (10/17/2025, 8:04:00 PM)

After market: 12.1897 +0.07 (+0.58%)

12.12

-0.78 (-6.05%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-07
Earnings (Next)11-10
Inst Owners61.12%
Inst Owner Change-3.82%
Ins Owners1.32%
Ins Owner ChangeN/A
Market Cap3.57B
Revenue(TTM)193.59M
Net Income(TTM)34.42M
Analysts78.18
Price Target10.62 (-12.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.5%
Yearly Dividend0.06
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)2.08%
PT rev (3m)2.34%
EPS NQ rev (1m)3.7%
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 101
Fwd PE 44.24
P/S 18.47
P/FCF 25
P/OCF 24.18
P/B 2.5
P/tB 2.5
EV/EBITDA 26.53
EPS(TTM)0.12
EY0.99%
EPS(NY)0.27
Fwd EY2.26%
FCF(TTM)0.48
FCFY4%
OCF(TTM)0.5
OCFY4.14%
SpS0.66
BVpS4.84
TBVpS4.84
PEG (NY)0.36
PEG (5Y)N/A
Graham Number3.62
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 5.76
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 / SAND FAQ

What is the ChartMill fundamental rating of SANDSTORM GOLD LTD (SAND) stock?

ChartMill assigns a fundamental rating of 6 / 10 to SAND.


What is the valuation status for SAND stock?

ChartMill assigns a valuation rating of 5 / 10 to SANDSTORM GOLD LTD (SAND). This can be considered as Fairly Valued.


What is the profitability of SAND stock?

SANDSTORM GOLD LTD (SAND) has a profitability rating of 7 / 10.


What are the PE and PB ratios of SANDSTORM GOLD LTD (SAND) stock?

The Price/Earnings (PE) ratio for SANDSTORM GOLD LTD (SAND) is 101 and the Price/Book (PB) ratio is 2.5.


Can you provide the dividend sustainability for SAND stock?

The dividend rating of SANDSTORM GOLD LTD (SAND) is 2 / 10 and the dividend payout ratio is 49.36%.