Oil States International, Inc. (OIS) vs Smart Sand (SND)

Oil States International, Inc. and Smart Sand are both Oil & Gas Equipment & Services companies. Oil States International, Inc. is the larger, with a market value of $501.3M against $215.4M — 2.3× the size. Oil States International, Inc. has negative trailing earnings, so its P/E is not meaningful; Smart Sand trades at 19.4×. Smart Sand grew revenue faster over the last twelve months: 26.5% against −2.80%. Smart Sand has the higher net margin (2.71% vs −16.8%) and the higher return on invested capital (2.02% vs −10.0%). Across the 20 metrics below, Smart Sand leads on 14 and Oil States International, Inc. on 6.

Valuation

Metric OIS SND Oil & Gas Equipment & Services median
P/E n/m 19.37 24.78
P/S 0.75 0.53 1.28
P/B 0.83 0.86 1.85
Price to free cash flow 6.97 5.93 15.03
EV/EBITDA n/m 5.41 8.93
EV/Sales 0.75 0.54 1.40
Earnings yield (22.83%) 5.16% 3.12%
Free cash flow yield 14.35% 16.87% 5.01%

Profitability

Metric OIS SND Oil & Gas Equipment & Services median
Gross margin 19.89% 13.46% 23.27%
Operating margin (14.39%) 2.03% 9.34%
Net margin (16.79%) 2.71% 4.69%
Free cash flow margin 10.76% 8.95% 5.05%
Return on equity (17.05%) 4.38% 4.92%
Return on assets (11.83%) 3.03% 2.37%
Return on invested capital (10.01%) 2.02% 4.32%

Growth

Metric OIS SND Oil & Gas Equipment & Services median
Revenue growth (TTM) (2.80%) 26.53% 6.08%
EPS growth (last fiscal year) (933.33%) (62.50%) —
Revenue growth, 5-year CAGR 0.95% 21.96% 10.60%
Net income growth, 5-year CAGR 0.00% (48.73%) 0.00%

Health

Metric OIS SND Oil & Gas Equipment & Services median
Debt to equity 0.03 0.06 0.46
Current ratio 2.35 1.69 2.11
Net debt to EBITDA 0.30 (0.37) 0.76

Dividend

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

Size

Metric OIS SND Oil & Gas Equipment & Services median
Market cap 501.28m 215.39m 1.81b

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