Based on the measurements of operating efficiency obtained from Smart Sand's historical financial statements, Smart Sand may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Smart Sand's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 40.4 M, whereas Other Current Liabilities is forecasted to decline to about 7.9 M. Key indicators impacting Smart Sand's financial strength include:
The essential information of the day-to-day investment outlook for Smart Sand includes many different criteria found on its balance sheet. An individual investor should monitor Smart Sand's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Smart Sand.
Please note, the presentation of Smart Sand's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smart Sand's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Smart Sand's management manipulating its earnings.
Smart Sand Stock Summary
Smart Sand competes with Liberty Oilfield, RPC, MRC Global, Ranger Energy, and ProPetro Holding. Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. Smart Sand, Inc. was incorporated in 2011 and is headquartered in The Woodlands, Texas. Smart Sand operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 2 people.
Comparative valuation techniques use various fundamental indicators to help in determining Smart Sand's current stock value. Our valuation model uses many indicators to compare Smart Sand value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Smart Sand competition to find correlations between indicators driving Smart Sand's intrinsic value. More Info.
Smart Sand is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Smart Sand is roughly 1.66 . At present, Smart Sand's Return On Equity is projected to slightly grow based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Smart Sand by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Smart Sand Systematic Risk
Smart Sand's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Smart Sand volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Smart Sand correlated with the market. If Beta is less than 0 Smart Sand generally moves in the opposite direction as compared to the market. If Smart Sand Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smart Sand is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smart Sand is generally in the same direction as the market. If Beta > 1 Smart Sand moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in Smart Sand Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Smart Sand's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Smart Sand growth as a starting point in their analysis.
Price Earnings To Growth Ratio
(0.78)
At present, Smart Sand's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Smart Sand March 19, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Smart Sand help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Smart Sand. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smart Sand based on widely used predictive technical indicators. In general, we focus on analyzing Smart Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smart Sand's daily price indicators and compare them against related drivers.
When running Smart Sand's price analysis, check to measure Smart Sand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smart Sand is operating at the current time. Most of Smart Sand's value examination focuses on studying past and present price action to predict the probability of Smart Sand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Sand's price. Additionally, you may evaluate how the addition of Smart Sand to your portfolios can decrease your overall portfolio volatility.