Core Laboratories Inc. (CLB) vs Smart Sand (SND)

Core Laboratories Inc. and Smart Sand are both Oil & Gas Equipment & Services companies. Core Laboratories Inc. is the larger, with a market value of $481.3M against $215.4M — 2.2× the size. Smart Sand trades at the lower P/E: 19.4× against 20.0×. Smart Sand grew revenue faster over the last twelve months: 26.5% against 0.35%. Core Laboratories Inc. has the higher net margin (4.69% vs 2.71%) and the higher return on invested capital (8.08% vs 2.02%). Across the 22 metrics below, Smart Sand leads on 13 and Core Laboratories Inc. on 9.

Valuation

Metric CLB SND Oil & Gas Equipment & Services median
P/E 19.97 19.37 24.78
P/S 0.92 0.53 1.28
P/B 1.72 0.86 1.85
Price to free cash flow 32.68 5.93 15.03
EV/EBITDA 9.27 5.41 8.93
EV/Sales 1.12 0.54 1.40
Earnings yield 5.01% 5.16% 3.12%
Free cash flow yield 3.06% 16.87% 5.01%

Profitability

Metric CLB SND Oil & Gas Equipment & Services median
Gross margin 19.52% 13.46% 23.27%
Operating margin 9.21% 2.03% 9.34%
Net margin 4.69% 2.71% 4.69%
Free cash flow margin 2.82% 8.95% 5.05%
Return on equity 8.92% 4.38% 4.92%
Return on assets 4.10% 3.03% 2.37%
Return on invested capital 8.08% 2.02% 4.32%

Growth

Metric CLB SND Oil & Gas Equipment & Services median
Revenue growth (TTM) 0.35% 26.53% 6.08%
EPS growth (last fiscal year) 3.03% (62.50%) —
Revenue growth, 5-year CAGR 1.56% 21.96% 10.60%
Net income growth, 5-year CAGR 0.00% (48.73%) 0.00%

Health

Metric CLB SND Oil & Gas Equipment & Services median
Debt to equity 0.41 0.06 0.46
Current ratio 2.12 1.69 2.11
Net debt to EBITDA 1.23 (0.37) 0.76

Dividend

Metric CLB SND Oil & Gas Equipment & Services median
Dividend yield 0.27% — 2.12%
Payout ratio 0.08 0.00 0.00

Size

Metric CLB SND Oil & Gas Equipment & Services median
Market cap 481.33m 215.39m 1.81b

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