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Smart Sand, Inc. SND

Nasdaq · stock · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · website · IPO 2016-11-04 · LEI

Smart Sand, Inc. statistics & valuation

Market cap$215.8M
P / E160.4×
P / S0.7×
P / B0.9×
P / FCF6.6×
Dividend yield2.76%
Net margin0.4%
Return on equity0.6%
FCF margin9.9%
Net cash$7.6M
Net debt / EBITDA-0.3×
Enterprise value USD$208.2M
EV / EBITDA8.4×
Earnings yield EBIT/EV-2.1%
Return on capital-1.5%
Graham number -59.2%$2.02

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($2.02); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
17.50% 15.70% 9.50% 13.60% 31.00% -40.00% -0.30% 1.60% 1.00% 0.40% 2016201720182019202020212022202320242025
Gross margin (%)
55.10% 26.90% 32.60% 34.80% 14.80% -12.60% 11.60% 14.00% 14.40% 11.50% 2016201720182019202020212022202320242025
Operating margin (%)
34.40% 13.60% 13.00% 18.70% -10.60% -50.10% -1.20% -0.50% 1.00% -1.40% 2016201720182019202020212022202320242025
Return on equity (%)
7.30% 11.30% 9.50% 12.90% 13.10% -21.00% -0.30% 1.90% 1.20% 0.60% 2016201720182019202020212022202320242025
Shares outstanding
38.8M 40.4M 40.4M 40.3M 41.6M 42.0M 43.1M 39.0M 39.1M 39.6M 2016201720182019202020212022202320242025
Net debt ($)
-$46.0M -$34.7M $46.4M $25.6M $10.7M -$10.2M $12.3M $14.1M $13.1M -$7.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.00% 8.70% 6.30% 8.70% 8.90% -13.50% -0.20% 1.30% 0.90% 0.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
40.80% -25.90% -21.30% 8.20% 13.80% 16.80% -2.90% 2.70% 3.50% 9.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.00× 0.23× 0.12× 0.08× 0.06× 0.07× 0.08× 0.06× 0.06× 2016201720182019202020212022202320242025
EPS ($)
$0.42 $0.53 $0.50 $0.78 $0.94 -$1.21 -$0.02 $0.12 $0.08 $0.03 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Smart Sand, Inc. trades at about 165.3× earnings — above its 10-year norm (10-year range 1.9×–155×, median 17.3×).

1.9× 165.3×

Shaded band = 10-year range (1.9×–155×); dot = today's 165.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin11.5%14.4%14.0%11.6%-12.6%14.8%34.8%32.6%26.9%55.1%
Operating margin-1.4%1.0%-0.5%-1.2%-50.1%-10.6%18.7%13.0%13.6%34.4%
Net margin0.4%1.0%1.6%-0.3%-40.0%31.0%13.6%9.5%15.7%17.5%
FCF margin9.9%3.5%2.7%-2.9%16.8%13.8%8.2%-21.3%-25.9%40.8%
Return on assets0.4%0.9%1.3%-0.2%-13.5%8.9%8.7%6.3%8.7%6.0%
Return on equity0.6%1.2%1.9%-0.3%-21.0%13.1%12.9%9.5%11.3%7.3%
Debt / equity0.06×0.06×0.08×0.07×0.06×0.08×0.12×0.23×0.00×0.00×
Current ratio1.761.751.141.311.523.012.302.032.124.74

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.