SANDSTORM GOLD LTD (SAND)
CA80013R2063 - Common Stock
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 has an excellent profitability rating, but there are some minor concerns on its financial health. SAND is valied quite expensively at the moment, while 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.
SAND had positive earnings in each of the past 5 years.
In the past 5 years SAND always reported a positive cash flow from operatings.
1.2 Ratios
SAND has a Return On Assets of 1.89%. This is in the better half of the industry: SAND outperforms 60.81% of its industry peers.
SAND's Return On Equity of 2.47% is in line compared to the rest of the industry. SAND outperforms 59.46% of its industry peers.
SAND has a Return On Invested Capital (3.34%) which is in line with its industry peers.
SAND had an Average Return On Invested Capital over the past 3 years of 3.82%. This is below the industry average of 8.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 2.47% | ||
| ROIC | 3.34% |
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
With an excellent Profit Margin value of 20.46%, SAND belongs to the best of the industry, outperforming 91.22% of the companies in the same industry.
In the last couple of years the Profit Margin of SAND has grown nicely.
SAND has a Operating Margin of 39.77%. This is amongst the best in the industry. SAND outperforms 94.59% 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 51.03%, SAND belongs to the top of the industry, outperforming 89.86% of the companies in the same industry.
SAND's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.77% | ||
| PM (TTM) | 20.46% | ||
| GM | 51.03% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SAND 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
SAND has an Altman-Z score of 2.62. This is not the best score and indicates that SAND is in the grey zone with still only limited risk for bankruptcy at the moment.
SAND has a Altman-Z score of 2.62. This is comparable to the rest of the industry: SAND outperforms 50.00% of its industry peers.
The Debt to FCF ratio of SAND is 3.10, which is a good value as it means it would take SAND, 3.10 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.10, SAND is doing good in the industry, outperforming 74.32% of the companies in the same industry.
A Debt/Equity ratio of 0.26 indicates that SAND is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, SAND is in line with its industry, outperforming 40.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.31
WACC10.6%
2.3 Liquidity
A Current Ratio of 2.29 indicates that SAND has no problem at all paying its short term obligations.
With a Current ratio value of 2.29, SAND perfoms like the industry average, outperforming 50.68% of the companies in the same industry.
A Quick Ratio of 2.29 indicates that SAND has no problem at all paying its short term obligations.
SAND has a better Quick ratio (2.29) than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.33% over the past year.
Measured over the past years, SAND shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.22% on average per year.
SAND shows a decrease in Revenue. In the last year, the revenue decreased by -0.12%.
The Revenue has been growing by 19.67% on average over the past years. This is quite good.
EPS 1Y (TTM)33.33%
EPS 3Y17.84%
EPS 5Y37.22%
EPS Q2Q%N/A
Revenue 1Y (TTM)-0.12%
Revenue growth 3Y24.54%
Revenue growth 5Y19.67%
Sales Q2Q%8.16%
3.2 Future
The Earnings Per Share is expected to grow by 20.37% on average over the next years. This is a very strong growth
SAND is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.81% yearly.
EPS Next Y-52.87%
EPS Next 2Y8.21%
EPS Next 3Y9.92%
EPS Next 5Y20.37%
Revenue Next Year-1.68%
Revenue Next 2Y9.32%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 47.50, SAND can be considered very expensive at the moment.
SAND's Price/Earnings is on the same level as the industry average.
SAND is valuated expensively when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 27.05, the valuation of SAND can be described as expensive.
SAND's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.69. SAND is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.5 | ||
| Fwd PE | 27.05 |
4.2 Price Multiples
SAND's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, SAND is valued cheaply inside the industry as 83.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.85 | ||
| EV/EBITDA | 15.12 |
4.3 Compensation for Growth
The decent profitability rating of SAND may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.28
EPS Next 2Y8.21%
EPS Next 3Y9.92%
5. Dividend
5.1 Amount
SAND has a yearly dividend return of 0.97%, which is pretty low.
Compared to an average industry Dividend Yield of 3.21, SAND pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.97, SAND pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
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 Years1
Div Non Decr Years1
5.3 Sustainability
SAND pays out 49.17% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.17%
EPS Next 2Y8.21%
EPS Next 3Y9.92%
SANDSTORM GOLD LTD
NYSE:SAND (1/3/2025, 8:04:00 PM)
After market: 5.7 0 (0%)5.7
-0.01 (-0.18%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners45.08%
Inst Owner Change-0.72%
Ins Owners1.07%
Ins Owner ChangeN/A
Market Cap1.69B
Analysts78.33
Price Target7.55 (32.46%)
Short Float %1.06%
Short Ratio0.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
Dividend Growth(5Y)N/A
DP49.17%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-38.54%
Max EPS beat(2)40.71%
EPS beat(4)2
Avg EPS beat(4)24.8%
Min EPS beat(4)-199.01%
Max EPS beat(4)296.04%
EPS beat(8)3
Avg EPS beat(8)-6.56%
EPS beat(12)5
Avg EPS beat(12)21.77%
EPS beat(16)5
Avg EPS beat(16)6.71%
Revenue beat(2)0
Avg Revenue beat(2)-0.76%
Min Revenue beat(2)-1.44%
Max Revenue beat(2)-0.09%
Revenue beat(4)2
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-1.44%
Max Revenue beat(4)4.66%
Revenue beat(8)3
Avg Revenue beat(8)-0.34%
Revenue beat(12)5
Avg Revenue beat(12)-0.18%
Revenue beat(16)6
Avg Revenue beat(16)-1.75%
PT rev (1m)-2.43%
PT rev (3m)1.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.5 | ||
| Fwd PE | 27.05 | ||
| P/S | 9.76 | ||
| P/FCF | 13.85 | ||
| P/OCF | 12.26 | ||
| P/B | 1.18 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 15.12 |
EPS(TTM)0.12
EY2.11%
EPS(NY)0.21
Fwd EY3.7%
FCF(TTM)0.41
FCFY7.22%
OCF(TTM)0.46
OCFY8.16%
SpS0.58
BVpS4.83
TBVpS4.83
PEG (NY)N/A
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 2.47% | ||
| ROCE | 3.7% | ||
| ROIC | 3.34% | ||
| ROICexc | 3.37% | ||
| ROICexgc | 3.37% | ||
| OM | 39.77% | ||
| PM (TTM) | 20.46% | ||
| GM | 51.03% | ||
| FCFM | 70.45% |
ROA(3y)3.53%
ROA(5y)3.07%
ROE(3y)4.37%
ROE(5y)3.63%
ROIC(3y)3.82%
ROIC(5y)3.74%
ROICexc(3y)3.9%
ROICexc(5y)4%
ROICexgc(3y)3.9%
ROICexgc(5y)4%
ROCE(3y)4.23%
ROCE(5y)4.15%
ROICexcg growth 3Y-18.79%
ROICexcg growth 5Y1.51%
ROICexc growth 3Y-18.79%
ROICexc growth 5Y1.51%
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%
F-Score9
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.8 | ||
| Cap/Depr | 23.96% | ||
| Cap/Sales | 9.15% | ||
| Interest Coverage | 1.95 | ||
| Cash Conversion | 102.1% | ||
| Profit Quality | 344.38% | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 2.62 |
F-Score9
WACC10.6%
ROIC/WACC0.31
Cap/Depr(3y)493.55%
Cap/Depr(5y)330.22%
Cap/Sales(3y)187.35%
Cap/Sales(5y)126.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y17.84%
EPS 5Y37.22%
EPS Q2Q%N/A
EPS Next Y-52.87%
EPS Next 2Y8.21%
EPS Next 3Y9.92%
EPS Next 5Y20.37%
Revenue 1Y (TTM)-0.12%
Revenue growth 3Y24.54%
Revenue growth 5Y19.67%
Sales Q2Q%8.16%
Revenue Next Year-1.68%
Revenue Next 2Y9.32%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
EBIT growth 1Y2.03%
EBIT growth 3Y23.83%
EBIT growth 5Y29.17%
EBIT Next Year110.23%
EBIT Next 3Y35.37%
EBIT Next 5Y31.55%
FCF growth 1Y126.87%
FCF growth 3Y28.51%
FCF growth 5Y141.64%
OCF growth 1Y37.74%
OCF growth 3Y32.54%
OCF growth 5Y26.26%