Dawson Geophysical Company (DWSN) vs Smart Sand (SND)

Dawson Geophysical Company and Smart Sand are both Oil & Gas Equipment & Services companies. Smart Sand is the larger, with a market value of $165.8M against $49.1M — 3.4× the size. Dawson Geophysical Company trades at the lower P/E: 13.5× against 14.6×. Dawson Geophysical Company grew revenue faster over the last twelve months: 86.3% against 26.5%. Dawson Geophysical Company has the higher net margin (3.49% vs 2.71%) and the higher return on invested capital (12.4% vs 2.02%). Neither pays a dividend. Across the 21 metrics below, Dawson Geophysical Company leads on 11 and Smart Sand on 10.

Valuation

Metric DWSN SND Oil & Gas Equipment & Services median
P/E 13.50 14.63 20.53
P/S 0.48 0.40 1.08
P/B 2.51 0.65 1.64
Price to free cash flow n/m 4.48 12.36
EV/EBITDA 4.53 4.11 8.00
EV/Sales 0.52 0.41 1.29
Earnings yield 7.41% 6.84% 3.88%
Free cash flow yield (8.36%) 22.33% 5.18%

Profitability

Metric DWSN SND Oil & Gas Equipment & Services median
Gross margin 22.31% 13.46% 22.88%
Operating margin 4.59% 2.03% 7.44%
Net margin 3.49% 2.71% 4.12%
Free cash flow margin (4.03%) 8.95% 3.10%
Return on equity 19.96% 4.38% 5.46%
Return on assets 7.20% 3.03% 2.63%
Return on invested capital 12.43% 2.02% 4.26%

Growth

Metric DWSN SND Oil & Gas Equipment & Services median
Revenue growth (TTM) 86.31% 26.53% 4.65%
EPS growth (last fiscal year) 53.85% (62.50%) (13.00%)
Revenue growth, 5-year CAGR (2.56%) 21.96% 12.57%
Net income growth, 5-year CAGR 0.00% (48.73%) 0.00%

Health

Metric DWSN SND Oil & Gas Equipment & Services median
Debt to equity 0.51 0.06 0.44
Current ratio 0.87 1.69 2.04
Net debt to EBITDA 1.51 (0.37) 1.12

Dividend

Metric DWSN SND Oil & Gas Equipment & Services median
Dividend yield 0.00% 0.00% 1.49%
Payout ratio 0.00 0.00 0.36

Size

Metric DWSN SND Oil & Gas Equipment & Services median
Market cap 49.06m 165.78m 1.44b

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