$4.97

+0.13 (+2.69%)

After Hours: $5.16 (+0.19, +3.82%)

Weekly Expected Move ±6.4%

$4 $4 $5 $5 $5

NASDAQ · Energy · Oil & Gas Equipment & Services · Tech Score Sell · Power 41 · $210.7M mcap · 26M float · 1.37% daily turnover · Short 54% of daily vol

Credit Risk of going bust: higher than 60% of companies Debt: 17.4% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.07 (down 99%), Smart Sand, Inc. would be worth roughly what it owes.
Total debt $43.4M against a stock market value of $205.2M.
Distance to default 4.27 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $10.4M (short-term plus half of long-term), stock volatility 70.1%; Altman Z 2.74. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NO EDGE

39.4 / 100

NoneWeakNarrowWide

Primary source: Switching Costs · ROIC: 4.2% · 5Y Avg: -0.2%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. SND has No discernible competitive edge (39.4/100). The business operates without significant structural advantages. The primary source of advantage is Switching Costs. ROIC of 4.2% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Analyst Recommendations

Strong Buy: 0Buy: 3Hold: 9Sell: 2Strong Sell: 0

Rating Summary

ConsensusHold

Avg Target$—

Analysts0

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2024-07-15	Piper Sandler	Luke Lemoine	Initiated	$2	—	+5.6%	$2.13

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-

Oct 27, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. SND receives an overall rating of A-. Strongest factors: DCF (5/5), P/B (4/5). Areas of concern: P/E (2/5).

Rating Change History

Date	From	To
2026-10-01	B+	A-
2026-09-16	A-	B+
2026-08-17	B+	A-
2026-08-12	A	B+
2026-05-26	A+	A
2026-05-22	A	A+
2026-05-14	A+	A
2026-05-12	B+	A+
2026-05-12	A-	B+
2026-05-11	B+	A-

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 66 Grade A

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

100

Safety

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. SND scores highest in Momentum (100/100) and lowest in Profitability (24/100). An overall grade of A places SND among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

2.75

Grey Zone

Piotroski F-Score

7/9

✓ ✓ ✓ ✓ ✓ ✗ ✗ ✓ ✓

Beneish M-Score

-3.47

Unlikely Manipulator

Ohlson O-Score

-8.85

Bankruptcy prob: 0.0%

Low Risk

Credit Rating

A+

Score: 77.1/100

Trend: Improving

Earnings Quality

75/100

OCF/NI: 4.48x

Accruals: -10.5%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. SND scores 2.75, placing it in the Grey Zone (safe > 2.99, distress < 1.81). Financial distress is possible and warrants monitoring. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. SND scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. SND's score of -3.47 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. SND's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. SND receives an estimated rating of A+ (score: 77.1/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). SND's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

18.41x

PEG

0.02x

P/S

0.55x

P/B

0.82x

P/FCF

5.98x

P/OCF

4.41x

EV/EBITDA

7.51x

EV/Revenue

0.62x

EV/EBIT

28.09x

EV/FCF

6.94x

Earnings Yield

5.06%

FCF Yield

16.71%

Shareholder Yield

7.53%

Graham Number

$5.73

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 18.4x earnings, SND trades at a reasonable valuation. An earnings yield of 5.1% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $5.73 per share, suggesting a potential 15% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

1.458

NI / EBT

Interest Burden

0.840

EBT / EBIT

EBIT Margin

0.022

EBIT / Rev

Asset Turnover

1.117

Rev / Assets

Equity Multiplier

1.448

Assets / Equity

ROE

4.4%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. SND's ROE of 4.4% is driven by Asset Turnover (1.117), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.46 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

6.28%

Fair P/E

21.06x

Intrinsic Value

$5.34

Price/Value

0.94x

Margin of Safety

6.15%

Premium

-6.15%

Assessment

Neutral

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with SND's realized 6.3% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. SND trades at a -6% premium to its adjusted intrinsic value of $5.34, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 21.1x compares to the current market P/E of 18.4x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$4.97

Median 1Y

$4.31

5th Pctile

$1.29

95th Pctile

$14.46

Ann. Volatility

72.8%

25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
Charles E. Young	$577,500	$1,011,134	$2,812,901
Lee E. Beckelman	$412,000	$575,322	$1,516,323
William John Young	$396,000	$575,322	$1,484,246

CEO Pay Ratio

18:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $2,276,267

Avg Employee Cost (SGA/emp): $127,434

Employees: 318

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

318

+11.6% YoY

Revenue / Employee

$1,038,217

Rev: $330,153,000

Profit / Employee

$4,230

NI: $1,345,000

SGA / Employee

$127,434

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	-15.2%	-19.1%	-20.2%	-10.3%	-6.3%	-0.3%	0.7%	3.4%	5.0%	1.9%	3.4%	0.5%	-2.3%	1.2%	-9.1%	0.3%	1.6%	0.6%	9.6%	4.4%	4.38%
ROA	-10.1%	-12.6%	-13.4%	-6.7%	-4.1%	-0.2%	0.4%	2.2%	3.3%	1.3%	2.3%	0.4%	-1.6%	0.9%	-6.2%	0.2%	1.1%	0.4%	6.6%	3.0%	3.03%
ROIC	-19.6%	-18.5%	-16.8%	-8.6%	-5.5%	-0.9%	0.7%	3.3%	4.7%	-0.4%	17.6%	0.4%	-2.5%	12.8%	-1.5%	-2.3%	3.9%	-1.3%	-0.7%	4.2%	4.20%
ROCE	-18.6%	-17.7%	-17.8%	-9.3%	-5.9%	-0.7%	1.9%	2.6%	2.9%	-0.3%	0.5%	0.6%	-2.4%	1.4%	-1.3%	-2.6%	0.4%	-1.7%	-1.0%	2.9%	2.93%
Gross Margin	-5.9%	-18.6%	-4.8%	13.1%	16.0%	15.1%	14.1%	17.0%	18.7%	-3.8%	14.2%	17.7%	10.3%	14.7%	4.2%	10.4%	16.1%	12.4%	5.9%	17.2%	17.23%
Operating Margin	-25.4%	-42.7%	-23.9%	2.0%	5.3%	2.2%	-2.0%	4.1%	6.4%	-12.8%	0.9%	4.8%	-7.8%	3.9%	-10.8%	-0.1%	5.8%	-2.8%	-5.6%	8.7%	8.74%
Net Margin	-21.1%	-34.9%	-14.2%	-0.1%	3.7%	3.6%	-4.4%	8.4%	8.7%	-7.7%	-0.3%	-0.6%	-0.2%	4.1%	-37.0%	24.9%	3.2%	1.4%	-4.1%	8.8%	8.84%
EBITDA Margin	-1.3%	-23.1%	-7.1%	12.0%	15.1%	12.0%	6.3%	13.7%	16.1%	-0.8%	10.0%	14.8%	4.7%	11.9%	0.9%	7.8%	6.5%	5.6%	3.2%	15.8%	15.85%
FCF Margin	28.0%	16.8%	5.0%	-14.6%	-8.8%	-2.9%	2.1%	6.8%	6.5%	2.7%	0.5%	1.4%	0.8%	3.5%	7.3%	0.1%	3.4%	9.9%	7.9%	8.9%	8.95%
OCF Margin	35.0%	25.6%	14.1%	-8.3%	-2.4%	2.1%	6.5%	12.4%	12.7%	10.5%	7.4%	7.0%	5.0%	5.7%	10.4%	3.4%	6.8%	13.4%	10.7%	12.1%	12.14%
ROE 3Y Avg	snapshot only																				1.76%
ROE 5Y Avg	snapshot only																				-0.43%
ROA 3Y Avg	snapshot only																				1.21%
ROIC 3Y Avg	snapshot only																				1.75%
ROIC Economic	snapshot only																				4.16%
Cash ROA	snapshot only																				13.54%
Cash ROIC	snapshot only																				17.32%
CROIC	snapshot only																				12.77%
NOPAT Margin	snapshot only																				2.94%
Pretax Margin	snapshot only																				1.86%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				10.92%
SBC / Revenue	snapshot only																				0.89%

Valuation

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	-2.22	-1.31	-2.47	-2.96	-3.83	-97.55	40.23	6.96	6.62	14.27	8.21	56.52	-12.39	27.84	-4.54	92.19	21.06	117.73	9.24	19.76	18.405
P/S Ratio	0.78	0.53	0.92	0.42	0.27	0.27	0.22	0.18	0.26	0.22	0.22	0.25	0.24	0.27	0.32	0.24	0.24	0.48	0.56	0.54	0.545
P/B Ratio	0.36	0.28	0.55	0.32	0.25	0.28	0.28	0.23	0.32	0.27	0.27	0.30	0.28	0.34	0.43	0.31	0.34	0.66	0.86	0.87	0.820
P/FCF	2.80	3.14	18.35	-2.87	-3.12	-9.38	10.51	2.70	4.01	8.33	48.34	18.07	32.16	7.68	4.43	352.53	7.27	4.87	7.12	5.98	5.985
P/OCF	2.24	2.05	6.55	—	—	12.65	3.40	1.49	2.04	2.14	2.99	3.51	4.83	4.66	3.13	7.10	3.61	3.59	5.22	4.41	4.411
EV/EBITDA	-3.11	-3.04	-6.19	-42.53	13.03	4.31	3.34	2.57	2.99	3.81	3.53	3.45	4.53	3.60	4.86	5.64	4.80	9.50	10.74	7.51	7.508
EV/Revenue	1.02	0.76	1.33	0.76	0.48	0.42	0.37	0.30	0.36	0.35	0.36	0.36	0.35	0.38	0.42	0.39	0.34	0.52	0.61	0.62	0.621
EV/EBIT	-1.86	-1.67	-3.31	-4.59	-5.49	-46.79	18.81	11.73	12.32	-106.13	73.59	61.41	-13.61	28.61	-33.74	-14.97	87.85	-35.37	-80.90	28.09	28.086
EV/FCF	3.63	4.53	26.43	-5.22	-5.49	-14.72	17.81	4.35	5.49	13.07	78.77	26.51	46.16	10.96	5.70	565.39	10.23	5.29	7.81	6.94	6.943
Earnings Yield	-45.1%	-76.1%	-40.5%	-33.8%	-26.1%	-1.0%	2.5%	14.4%	15.1%	7.0%	12.2%	1.8%	-8.1%	3.6%	-22.0%	1.1%	4.7%	0.8%	10.8%	5.1%	5.06%
FCF Yield	35.7%	31.9%	5.4%	-34.8%	-32.0%	-10.7%	9.5%	37.1%	24.9%	12.0%	2.1%	5.5%	3.1%	13.0%	22.6%	0.3%	13.8%	20.5%	14.0%	16.7%	16.71%
PEG Ratio	snapshot only																				0.017
Price/Tangible Book	snapshot only																				0.885
EV/OCF	snapshot only																				5.117
EV/Gross Profit	snapshot only																				4.720
Acquirers Multiple	snapshot only																				30.778
Shareholder Yield	snapshot only																				7.53%
Graham Number	snapshot only																				$5.73

Leverage & Solvency

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	2.07	1.52	1.16	1.21	1.32	1.31	1.27	1.19	1.34	1.14	1.20	1.66	1.71	1.75	1.75	1.86	1.70	1.76	1.66	1.69	1.688
Quick Ratio	1.68	1.21	0.88	0.90	0.95	0.92	0.91	0.73	0.76	0.64	0.77	1.02	0.98	1.17	1.01	1.22	1.06	1.14	1.05	1.11	1.111
Debt/Equity	0.25	0.23	0.26	0.27	0.23	0.18	0.23	0.17	0.16	0.18	0.19	0.17	0.15	0.15	0.15	0.20	0.16	0.15	0.17	0.18	0.182
Net Debt/Equity	0.11	0.12	0.24	0.26	0.19	0.16	0.20	0.14	0.12	0.16	0.17	0.14	0.12	0.15	0.13	0.19	0.14	0.06	0.08	0.14	0.139
Debt/Assets	0.17	0.15	0.17	0.17	0.15	0.12	0.15	0.11	0.11	0.13	0.13	0.12	0.11	0.11	0.10	0.14	0.11	0.11	0.12	0.12	0.125
Debt/EBITDA	-1.67	-1.75	-2.05	-19.79	6.90	1.78	1.60	1.13	1.06	1.60	1.52	1.30	1.71	1.13	1.29	2.33	1.60	2.00	1.90	1.35	1.354
Net Debt/EBITDA	-0.71	-0.94	-1.89	-19.14	5.61	1.56	1.37	0.98	0.80	1.38	1.37	1.10	1.37	1.08	1.09	2.12	1.39	0.75	0.95	1.04	1.036
Interest Coverage	-31.32	-29.16	-30.44	-17.09	-11.23	-1.43	3.62	5.33	6.81	-0.77	1.11	1.17	-4.64	2.35	-2.25	-5.13	0.87	-3.31	-1.97	6.25	6.253
Equity Multiplier	1.52	1.55	1.55	1.58	1.57	1.48	1.55	1.46	1.41	1.43	1.44	1.41	1.38	1.40	1.49	1.44	1.43	1.42	1.43	1.46	1.458
Cash Ratio	snapshot only																				0.186
Debt Service Coverage	snapshot only																				23.393
Cash to Debt	snapshot only																				0.235
FCF to Debt	snapshot only																				0.799
Defensive Interval	snapshot only																				473.6 days

Efficiency & Turnover

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.29	0.32	0.36	0.47	0.57	0.70	0.82	0.84	0.85	0.84	0.84	0.86	0.83	0.91	0.87	0.89	0.99	0.97	1.08	1.12	1.117
Inventory Turnover	6.88	8.35	9.88	11.06	11.39	12.85	15.05	12.82	11.08	11.04	11.39	10.77	9.40	10.28	9.58	10.21	9.94	10.44	10.85	11.15	11.146
Receivables Turnover	2.86	2.84	3.02	8.45	8.95	9.27	9.47	9.69	10.82	10.02	8.04	9.72	11.07	9.70	8.94	7.87	9.44	9.24	12.67	8.39	8.392
Payables Turnover	32.82	24.27	24.89	20.57	24.92	19.74	21.67	18.32	23.37	17.04	20.18	20.91	23.75	16.14	23.07	21.82	29.00	22.17	25.47	20.99	20.993
DSO	127	129	121	43	41	39	39	38	34	36	45	38	33	38	41	46	39	40	29	43	43.5 days
DIO	53	44	37	33	32	28	24	28	33	33	32	34	39	36	38	36	37	35	34	33	32.7 days
DPO	11	15	15	18	15	18	17	20	16	21	18	17	15	23	16	17	13	16	14	17	17.4 days
Cash Conversion Cycle	169	157	143	58	58	49	46	46	51	48	59	54	56	51	63	65	63	58	48	59	58.9 days
Fixed Asset Turnover	snapshot only																				1.549
Operating Cycle	snapshot only																				76.2 days
Cash Velocity	snapshot only																				37.951
Capital Intensity	snapshot only																				0.897

Growth (YoY)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	-19.2%	3.5%	37.6%	70.0%	85.6%	1.0%	1.1%	68.2%	41.9%	15.7%	0.1%	-2.3%	-8.4%	5.2%	-0.9%	3.4%	19.0%	6.0%	21.7%	26.5%	26.53%
Net Income	-2.0%	-2.3%	-2.5%	-12.5%	62.3%	98.6%	1.0%	1.3%	1.8%	7.6%	4.0%	-83.8%	-1.5%	-35.6%	-3.6%	-38.0%	1.7%	-55.0%	2.0%	12.1%	12.06%
EPS	-1.9%	-2.3%	-2.5%	-12.4%	62.9%	98.6%	1.0%	1.3%	1.9%	8.4%	4.3%	-84.2%	-1.5%	-37.5%	-3.6%	-39.0%	1.7%	-55.2%	2.0%	11.4%	11.43%
FCF	1.5%	25.4%	-34.0%	-1.9%	-1.6%	-1.3%	-12.4%	1.8%	2.0%	2.1%	-78.0%	-80.4%	-89.3%	36.4%	14.8%	-94.8%	4.3%	2.0%	30.7%	163.9%	163.92%
EBITDA	-1.5%	-1.6%	-1.8%	-1.5%	1.2%	1.8%	2.1%	11.9%	3.6%	9.2%	-8.2%	-11.3%	-40.7%	21.1%	-16.8%	-32.3%	11.0%	-45.2%	-19.0%	52.1%	52.11%
Op. Income	-6.9%	-3.9%	-1.5%	47.8%	71.5%	95.1%	1.1%	1.2%	1.4%	51.3%	-83.3%	-81.0%	-2.1%	3.0%	-6.6%	-7.4%	1.2%	-2.4%	52.0%	1.9%	1.93%
OCF Growth	snapshot only																				3.50%
Asset Growth	snapshot only																				0.35%
Equity Growth	snapshot only																				-1.00%
Debt Growth	snapshot only																				-11.49%
Shares Change	snapshot only																				5.06%
Dividend Growth	snapshot only																				119.63%

Growth (CAGR)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	-16.8%	-15.8%	-14.0%	-8.5%	-3.0%	3.1%	9.0%	17.4%	28.6%	34.2%	42.6%	40.8%	34.1%	35.0%	27.8%	19.4%	15.6%	8.9%	6.5%	8.6%	8.55%
Revenue 5Y	—	33.9%	20.9%	16.4%	11.9%	13.3%	13.9%	11.0%	8.7%	6.9%	6.0%	4.7%	3.5%	6.0%	5.1%	10.3%	18.3%	22.0%	28.4%	29.6%	29.60%
EPS 3Y	—	—	—	—	—	—	-61.5%	-22.3%	-33.8%	-49.1%	-36.7%	-14.3%	—	—	—	—	—	—	1.4%	6.3%	6.28%
EPS 5Y	—	—	—	—	—	—	-40.6%	-21.6%	-17.8%	-23.5%	-17.5%	-44.7%	—	-37.4%	—	-46.2%	-37.9%	-48.3%	-7.5%	36.7%	36.69%
Net Income 3Y	—	—	—	—	—	—	-61.1%	-23.4%	-34.7%	-50.3%	-38.3%	-16.4%	—	—	—	—	—	—	1.4%	9.4%	9.36%
Net Income 5Y	—	—	—	—	—	—	-40.4%	-22.6%	-18.7%	-24.3%	-18.1%	-45.1%	—	-37.6%	—	-46.2%	-38.2%	-48.7%	-8.6%	36.4%	36.44%
EBITDA 3Y	—	—	—	—	-50.3%	-31.1%	-22.4%	-15.9%	-21.4%	-18.3%	-8.4%	68.1%	—	—	—	—	44.3%	-10.2%	-14.8%	-3.0%	-3.00%
EBITDA 5Y	—	—	—	—	-26.0%	-1.3%	3.4%	-2.9%	-6.2%	-8.7%	-9.4%	-11.6%	-19.8%	-15.4%	-18.6%	-18.6%	-20.4%	-18.4%	-12.3%	37.3%	37.34%
Gross Profit 3Y	—	—	—	—	-47.3%	-28.5%	-17.3%	-10.6%	4.6%	26.2%	75.7%	—	—	—	—	—	50.0%	8.0%	-2.5%	2.8%	2.78%
Gross Profit 5Y	—	—	—	—	-24.2%	-4.3%	2.2%	-1.3%	-3.5%	-11.6%	-12.6%	-13.6%	-18.6%	-11.2%	-14.0%	-13.6%	-1.7%	15.5%	42.8%	—	—
Op. Income 3Y	—	—	—	—	—	—	-48.5%	-36.9%	-12.0%	—	—	—	—	—	—	—	—	—	—	4.2%	4.18%
Op. Income 5Y	—	—	—	—	—	—	-22.4%	-24.2%	-26.0%	—	-50.9%	-48.6%	—	-41.4%	—	—	-31.0%	—	—	—	—
FCF 3Y	—	—	84.7%	—	—	—	-40.3%	-16.0%	15.1%	-22.2%	-49.7%	-48.1%	-59.8%	-20.0%	44.9%	—	—	—	65.6%	18.7%	18.71%
FCF 5Y	—	3.2%	-19.0%	—	—	—	—	—	—	—	3.9%	-8.6%	-38.2%	-10.7%	-5.9%	-64.1%	-2.9%	14.0%	21.3%	3.7%	3.66%
OCF 3Y	0.1%	-13.9%	-30.4%	—	—	-50.5%	-27.5%	-10.9%	13.9%	6.7%	8.2%	-16.8%	-29.7%	-18.0%	15.3%	—	—	1.0%	26.1%	7.8%	7.76%
OCF 5Y	—	11.8%	-2.4%	—	—	-19.1%	13.5%	2.1%	-0.8%	-9.5%	-17.8%	-15.9%	-24.4%	-16.7%	-9.6%	-27.8%	-3.0%	11.6%	17.2%	5.4%	5.37%
Assets 3Y	5.5%	5.3%	0.4%	0.1%	0.3%	-0.1%	-0.0%	-1.0%	-7.4%	-6.8%	-5.8%	-4.1%	-4.3%	-3.0%	-3.7%	-2.6%	-3.0%	-1.9%	-2.2%	-0.2%	-0.15%
Assets 5Y	—	16.6%	12.8%	12.8%	11.0%	7.8%	7.1%	2.3%	1.2%	1.6%	-0.7%	-1.7%	-2.0%	-1.1%	-1.9%	-0.8%	-4.7%	-4.5%	-4.3%	-2.2%	-2.18%
Equity 3Y	5.4%	4.8%	3.3%	1.0%	-0.2%	-0.1%	-1.7%	-1.7%	-5.4%	-5.7%	-5.3%	-2.1%	-1.2%	0.4%	-2.3%	0.6%	0.0%	-0.5%	0.3%	-0.1%	-0.10%
Book Value 3Y	4.3%	3.5%	1.5%	-0.6%	-2.0%	-2.2%	-2.6%	-0.3%	-4.1%	-3.3%	-2.9%	0.4%	1.3%	2.3%	-0.0%	2.9%	3.0%	2.2%	2.1%	-2.9%	-2.92%
Dividend 3Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	8.6%	3.9%	3.88%

Growth Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.69	0.12	0.07	0.08	0.07	0.12	0.14	0.21	0.24	0.24	0.24	0.23	0.23	0.36	0.35	0.71	0.90	0.91	0.82	0.85	0.855
Earnings Stability	0.32	0.18	0.23	0.62	0.43	0.27	0.28	0.54	0.27	0.18	0.16	0.30	0.15	0.11	0.20	0.04	0.01	0.00	0.00	0.22	0.222
Margin Stability	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10	0.37	0.87	0.74	0.00	0.000
Rev. Growth Consistency	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	1.00	0.00	0.50	0.50	1.00	0.50	1.00	1.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.50	0.00	0.50	0.50	0.500
FCF Positive Streak	1	1	1	0	0	0	1	0	0	0	1	1	1	1	1	1	1	1	1	1	1
Earnings Persistence	0.20	0.20	0.20	0.20	0.50	0.50	0.20	0.20	0.20	0.20	0.50	0.50	0.20	0.50	0.20	0.85	0.20	0.50	0.20	0.50	0.500
Earnings Smoothness	—	—	—	—	—	—	—	—	—	—	0.00	0.00	—	0.57	—	0.53	—	0.24	—	0.00	0.000
ROE Trend	-0.29	-0.34	-0.34	-0.15	-0.06	0.04	0.06	0.08	0.16	0.13	0.14	0.04	-0.01	0.00	-0.12	-0.02	0.00	-0.01	0.12	0.04	0.040
Gross Margin Trend	-0.47	-0.37	-0.29	-0.14	-0.02	0.10	0.16	0.21	0.21	0.13	0.10	0.05	-0.01	0.02	-0.01	-0.04	-0.01	-0.02	-0.01	0.02	0.017
FCF Margin Trend	0.19	0.06	-0.07	-0.38	-0.27	-0.18	-0.06	0.00	-0.03	-0.04	-0.03	0.05	0.02	0.04	0.06	-0.04	-0.00	0.07	0.04	0.08	0.082
Sustainable Growth Rate	—	—	—	—	—	—	0.7%	3.4%	5.0%	1.9%	3.4%	0.5%	—	1.2%	—	0.3%	-0.0%	-1.9%	6.9%	0.2%	0.20%
Internal Growth Rate	—	—	—	—	—	—	0.4%	2.3%	3.5%	1.3%	2.3%	0.4%	—	0.9%	—	0.2%	—	—	5.0%	0.1%	0.14%

Cash Flow Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	-0.99	-0.64	-0.38	0.59	0.34	-7.71	11.84	4.68	3.25	6.67	2.74	16.09	-2.56	5.97	-1.45	12.99	5.84	32.80	1.77	4.48	4.480
FCF/OCF	0.80	0.65	0.36	1.75	3.61	-1.35	0.32	0.55	0.51	0.26	0.06	0.19	0.15	0.61	0.71	0.02	0.50	0.74	0.73	0.74	0.737
FCF/Net Income	snapshot only																				3.302
OCF/EBITDA	snapshot only																				1.467
CapEx/Revenue	7.0%	8.9%	9.1%	6.3%	6.4%	5.0%	4.4%	5.6%	6.3%	7.8%	7.0%	5.7%	4.3%	2.3%	3.0%	3.3%	3.4%	3.5%	2.9%	3.2%	3.19%
CapEx/Depreciation	snapshot only																				0.526
Accruals Ratio	-0.20	-0.21	-0.19	-0.03	-0.03	-0.02	-0.05	-0.08	-0.08	-0.07	-0.04	-0.06	-0.06	-0.04	-0.15	-0.03	-0.06	-0.13	-0.05	-0.11	-0.105
Sloan Accruals	snapshot only																				-0.069
Cash Flow Adequacy	snapshot only																				2.101
Earnings Quality Score	snapshot only																				0.750

Dividends & Buybacks

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%	4.8%	3.8%	3.0%	4.8%	5.03%
Dividend/Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.10	$0.15	$0.15	$0.24	$0.25
Payout Ratio	—	—	—	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	0.0%	—	9.8%	1.0%	4.4%	27.4%	95.5%	95.46%
FCF Payout Ratio	0.0%	0.0%	0.0%	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	37.6%	35.1%	18.3%	21.1%	28.9%	28.91%
Total Payout Ratio	—	—	—	—	—	—	3.0%	59.6%	39.1%	1.0%	6.2%	38.4%	—	14.1%	—	3.4%	1.7%	6.4%	49.4%	1.5%	1.49%
Div. Increase Streak	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	0	0	1	1	0
Chowder Number	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	847.74	125.78	125.782
Buyback Yield	0.4%	0.6%	0.3%	0.5%	0.9%	0.8%	7.4%	8.6%	5.9%	7.2%	0.8%	0.7%	0.7%	0.5%	0.9%	3.6%	3.3%	1.7%	2.4%	2.7%	2.70%
Net Buyback Yield	0.4%	0.5%	0.3%	0.4%	0.9%	-0.1%	6.4%	7.4%	5.1%	7.2%	0.8%	0.7%	0.7%	0.5%	0.9%	3.6%	3.3%	1.7%	2.4%	2.7%	2.68%
Total Shareholder Return	0.4%	0.5%	0.3%	0.4%	0.9%	-0.1%	6.4%	7.4%	5.1%	7.2%	0.8%	0.7%	0.7%	0.5%	0.9%	3.7%	8.1%	5.5%	5.3%	7.5%	7.52%

DuPont Factors

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.63	0.85	0.90	0.81	0.75	0.18	0.38	1.29	1.59	-2.06	57.37	-1.32	0.50	11.87	2.84	-0.08	5.71	-0.24	-6.47	1.46	1.458
Interest Burden (EBT/EBIT)	1.03	1.03	1.03	1.06	1.09	1.70	0.72	0.81	0.85	2.30	0.10	-0.56	1.53	0.06	2.03	1.21	0.52	1.15	1.23	0.84	0.840
EBIT Margin	-0.55	-0.46	-0.40	-0.17	-0.09	-0.01	0.02	0.03	0.03	-0.00	0.00	0.01	-0.03	0.01	-0.01	-0.03	0.00	-0.01	-0.01	0.02	0.022
Asset Turnover	0.29	0.32	0.36	0.47	0.57	0.70	0.82	0.84	0.85	0.84	0.84	0.86	0.83	0.91	0.87	0.89	0.99	0.97	1.08	1.12	1.117
Equity Multiplier	1.51	1.51	1.50	1.54	1.54	1.51	1.55	1.52	1.49	1.45	1.49	1.43	1.39	1.42	1.46	1.42	1.40	1.41	1.46	1.45	1.448

Per Share

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$-0.99	$-1.21	$-1.25	$-0.60	$-0.37	$-0.02	$0.04	$0.21	$0.31	$0.12	$0.21	$0.03	$-0.14	$0.08	$-0.54	$0.02	$0.10	$0.03	$0.55	$0.25	$0.25
Book Value/Share	$6.03	$5.76	$5.61	$5.61	$5.63	$5.68	$5.62	$6.29	$6.41	$6.32	$6.29	$6.27	$6.26	$6.18	$5.60	$6.11	$6.16	$6.05	$5.98	$5.76	$6.06
Tangible Book/Share	$5.84	$5.58	$5.43	$5.44	$5.47	$5.52	$5.46	$6.12	$6.25	$6.17	$6.14	$6.13	$6.12	$6.05	$5.48	$5.99	$6.04	$5.95	$5.87	$5.66	$5.66
Revenue/Share	$2.79	$3.02	$3.35	$4.26	$5.10	$5.97	$7.18	$7.97	$8.01	$7.72	$7.69	$7.64	$7.24	$7.89	$7.49	$7.77	$8.61	$8.34	$9.13	$9.35	$9.86
FCF/Share	$0.78	$0.51	$0.17	$-0.62	$-0.45	$-0.17	$0.15	$0.55	$0.52	$0.21	$0.04	$0.10	$0.05	$0.27	$0.55	$0.01	$0.29	$0.82	$0.72	$0.84	$0.88
OCF/Share	$0.98	$0.77	$0.47	$-0.36	$-0.12	$0.13	$0.46	$0.99	$1.02	$0.81	$0.57	$0.54	$0.36	$0.45	$0.78	$0.26	$0.58	$1.11	$0.98	$1.14	$1.20
Cash/Share	$0.88	$0.61	$0.11	$0.05	$0.24	$0.13	$0.18	$0.14	$0.24	$0.16	$0.12	$0.16	$0.19	$0.04	$0.13	$0.11	$0.13	$0.57	$0.50	$0.25	$0.26
EBITDA/Share	$-0.91	$-0.75	$-0.72	$-0.08	$0.19	$0.58	$0.80	$0.92	$0.95	$0.71	$0.79	$0.80	$0.56	$0.84	$0.64	$0.53	$0.62	$0.46	$0.52	$0.77	$0.77
Debt/Share	$1.53	$1.32	$1.47	$1.52	$1.30	$1.04	$1.28	$1.05	$1.01	$1.14	$1.20	$1.05	$0.95	$0.94	$0.83	$1.24	$0.99	$0.91	$0.99	$1.05	$1.05
Net Debt/Share	$0.65	$0.71	$1.36	$1.47	$1.06	$0.91	$1.10	$0.90	$0.77	$0.98	$1.08	$0.88	$0.77	$0.90	$0.70	$1.14	$0.86	$0.34	$0.50	$0.80	$0.80

Academic Models

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.751
Altman Z-Prime	snapshot only																				3.535
Piotroski F-Score	2	5	4	3	5	6	9	8	9	6	8	5	4	7	5	5	6	6	7	7	7
Beneish M-Score	-6.43	-3.57	-2.15	-1.90	-2.34	-2.77	-2.85	-1.90	-3.25	-5.79	-2.68	-2.91	-1.97	-2.56	-2.16	-0.29	-2.47	-3.37	-2.85	-3.47	-3.468
Ohlson O-Score	snapshot only																				-8.849
ROIC (Greenblatt)	snapshot only																				2.98%
Net-Net WC	snapshot only																				$-0.40
EVA	snapshot only																				$-15734262.07

Credit

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				A+
Credit Score	45.81	41.70	34.29	28.99	20.65	33.66	51.65	66.09	72.12	36.28	39.58	45.97	37.18	58.88	46.54	35.58	51.35	53.41	58.37	77.10	77.098
Credit Grade	snapshot only																				5
Credit Trend	snapshot only																				41.520
Implied Spread (bps)	snapshot only																				125.000
Industry Credit Rank	snapshot only																				72
Sector Credit Rank	snapshot only																				77

SND NASDAQ

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

Sign in to InsiderStreet