Company Valuation: Smart Sand, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 74.85 77.52 81.05 79.7 96.57 174.2
Change - 3.56% 4.55% -1.66% 21.16% 80.36%
Enterprise Value (EV) 1 126.6 107.1 120.1 117.4 132.2 187.8
Change - -15.36% 12.09% -2.25% 12.66% 42.02%
P/E 1.83x -1.47x -89.5x 16.2x 29.2x 133x
PBR 0.25x 0.31x 0.32x 0.31x 0.36x 0.65x
PEG - 0x 0.9x -0x -0.8x -2.2x
Capitalization / Revenue 0.61x 0.61x 0.32x 0.27x 0.31x 0.53x
EV / Revenue 1.03x 0.85x 0.47x 0.4x 0.42x 0.57x
EV / EBITDA 9.23x -5.77x 5.14x 4.23x 4.01x 7.75x
EV / EBIT -15x -2.44x -38.4x 394x 32.5x -37.4x
EV / FCF 35.2x 2.11x 38x 13.9x 12.2x 5.56x
FCF Yield 2.84% 47.5% 2.63% 7.2% 8.19% 18%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.94 -1.213 -0.02 0.1194 0.0771 0.03
Distribution rate - - - - - -
Net sales 1 122.3 126.6 255.7 296 311.4 330.2
EBITDA 1 13.71 -18.58 23.36 27.77 33 24.24
EBIT 1 -8.421 -43.89 -3.127 0.298 4.066 -5.026
Net income 1 37.95 -50.67 -0.703 4.649 2.992 1.345
Net Debt 1 51.72 29.61 39.03 37.68 35.67 13.63
Reference price 2 1.720 1.780 1.790 1.930 2.250 4.000
Nbr of stocks (in thousands) 43,518 43,549 45,277 41,296 42,919 43,544
Announcement Date 03/03/21 08/03/22 28/02/23 11/03/24 04/03/25 26/02/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 210M
15.33x1.79x8.77x1.81% 57.57B
18.82x2.55x10.04x2.76% 45.41B
34.51x6.12x18.59x0.68% 36.22B
34.17x3.37x17.96x1.14% 34.3B
30.53x4.67x15.89x0.79% 34.34B
11.63x1.4x6.53x2.64% 28.75B
16.3x2.04x8.26x1.34% 21.82B
66.89x4.15x64.28x0.34% 20.65B
15.28x4.93x9.95x2.6% 18.66B
Average 27.05x 3.45x 17.81x 1.57% 29.79B
Weighted average by Cap. 25.41x 3.29x 15.71x 1.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Smart Sand, Inc.

Historical PBR trend

Valuation ratios - PBR - Smart Sand, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Smart Sand, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Smart Sand, Inc.

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