Added to YB: 2025-05-05
Pitch date: 2025-04-30
SND [bullish]
Smart Sand, Inc.
+156.9%
current return
Author Info
Company Info
Smart Sand, Inc., a fully integrated frac and industrial sand supply and services company, provides mine to wellsite proppant supply and logistics solutions to its frac sand customers in the United States and Canada.
Market Cap
$185.7M
Pitch Price
$1.89
Price Target
8.88 (+86%)
Dividend
5.79%
EV/EBITDA
5.11
P/E
7.91
EV/Sales
0.57
Sector
Energy Equipment and Services
Category
value
'I don't like sand. It's coarse and rough and irritating and it gets everywhere' - Anakin Skywalker: Smart Sand $SND
SND: In-basin miners (AESI, Alpine) enjoy 26-35% EBITDA margins vs SND's 12.4% due to lower transport costs, resulting in valuation gap (0.3x vs 1.67x revenue). Despite thinner margins, SND trades at just 3.3x EV/EBITDA vs AESI's 7.7x. 17% volume growth, $10M buyback (11% of mkt cap) & rerating to 1.0x sales could drive price to $8.88 by 2027.
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