Sandstorm Gold Ltd Stock Z Score
| SAND Stock | USD 5.52 0.11 2.03% |
Sandstorm | Z Score |
Sandstorm Gold Ltd Company Z Score Analysis
Sandstorm Gold's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
Sandstorm Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Sandstorm Gold is extremely important. It helps to project a fair market value of Sandstorm Stock properly, considering its historical fundamentals such as Z Score. Since Sandstorm Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sandstorm Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sandstorm Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Sandstorm Gold Ltd has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.
Sandstorm Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sandstorm Gold from analyzing Sandstorm Gold's financial statements. These drivers represent accounts that assess Sandstorm Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sandstorm Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3B | 1.3B | 1.2B | 1.2B | 1.5B | 1.6B | |
| Enterprise Value | 1.4B | 1.2B | 1.2B | 1.7B | 1.9B | 2.0B |
Sandstorm Gold Institutional Holders
Institutional Holdings refers to the ownership stake in Sandstorm Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sandstorm Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sandstorm Gold's value.| Shares | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 1.7 M | Susquehanna International Group, Llp | 2023-12-31 | 1.5 M | Bank Of Montreal | 2023-12-31 | 1.5 M | Bmo Capital Markets Corp. | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | Millennium Management Llc | 2023-12-31 | 1.3 M | Charter Trust Co | 2023-12-31 | 1.2 M | Renaissance Technologies Corp | 2023-12-31 | 1.1 M | Penn Capital Management Company Llc | 2023-12-31 | 960.4 K | Orion Resource Partners (usa) Lp | 2023-12-31 | 48 M | Van Eck Associates Corporation | 2023-12-31 | 28.8 M |
Sandstorm Fundamentals
| Return On Equity | 0.0295 | ||||
| Return On Asset | 0.019 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 2.04 B | ||||
| Shares Outstanding | 297.93 M | ||||
| Shares Owned By Insiders | 1.23 % | ||||
| Shares Owned By Institutions | 62.12 % | ||||
| Number Of Shares Shorted | 6.89 M | ||||
| Price To Earning | 34.67 X | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 8.95 X | ||||
| Revenue | 182.93 M | ||||
| Gross Profit | 117.93 M | ||||
| EBITDA | 139.54 M | ||||
| Net Income | 42.48 M | ||||
| Cash And Equivalents | 23.82 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 451.23 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 2.49 X | ||||
| Book Value Per Share | 4.80 X | ||||
| Cash Flow From Operations | 119.18 M | ||||
| Short Ratio | 3.03 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Target Price | 7.39 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 1.61 B | ||||
| Total Asset | 1.92 B | ||||
| Retained Earnings | 122.29 M | ||||
| Working Capital | 37.59 M | ||||
| Current Asset | 9.22 M | ||||
| Current Liabilities | 3.63 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 1.92 B | ||||
| Last Dividend Paid | 0.061 |
About Sandstorm Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sandstorm Gold Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sandstorm Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sandstorm Gold Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sandstorm Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sandstorm Gold's short interest history, or implied volatility extrapolated from Sandstorm Gold options trading.
Currently Active Assets on Macroaxis
When determining whether Sandstorm Gold is a strong investment it is important to analyze Sandstorm Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sandstorm Gold's future performance. For an informed investment choice regarding Sandstorm Stock, refer to the following important reports:Check out Sandstorm Gold Piotroski F Score and Sandstorm Gold Valuation analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Sandstorm Stock analysis
When running Sandstorm Gold's price analysis, check to measure Sandstorm Gold'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 Sandstorm Gold is operating at the current time. Most of Sandstorm Gold's value examination focuses on studying past and present price action to predict the probability of Sandstorm Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandstorm Gold's price. Additionally, you may evaluate how the addition of Sandstorm Gold to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
Is Sandstorm Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sandstorm Gold. If investors know Sandstorm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sandstorm Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 0.061 | Earnings Share 0.14 | Revenue Per Share 0.604 | Quarterly Revenue Growth 0.157 |
The market value of Sandstorm Gold is measured differently than its book value, which is the value of Sandstorm that is recorded on the company's balance sheet. Investors also form their own opinion of Sandstorm Gold's value that differs from its market value or its book value, called intrinsic value, which is Sandstorm Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sandstorm Gold's market value can be influenced by many factors that don't directly affect Sandstorm Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sandstorm Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandstorm Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandstorm Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.