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NCSM vs SND

NCSM
NCS Multistage Holdings, Inc.
NEUTRAL
Price
$69.48
Market Cap
$182.4M
Sector
Energy
AI Confidence
85%
SND
Smart Sand, Inc.
BEARISH
Price
$4.98
Market Cap
$197.8M
Sector
Energy
AI Confidence
85%

Valuation

P/E Ratio
NCSM
8.03
SND
166.0
Forward P/E
NCSM
24.21
SND
16.06
P/B Ratio
NCSM
1.4
SND
0.81
P/S Ratio
NCSM
0.99
SND
0.6
EV/EBITDA
NCSM
10.25
SND
9.51

Profitability

Gross Margin
NCSM
41.08%
SND
11.48%
Operating Margin
NCSM
10.61%
SND
-2.83%
Profit Margin
NCSM
12.93%
SND
0.41%
ROE
NCSM
20.09%
SND
0.56%
ROA
NCSM
4.0%
SND
-0.92%

Growth

Revenue Growth
NCSM
12.5%
SND
-5.8%
Earnings Growth
NCSM
301.9%
SND
-73.5%

Financial Health

Debt/Equity
NCSM
0.09
SND
0.15
Current Ratio
NCSM
4.27
SND
1.76
Quick Ratio
NCSM
2.83
SND
1.11

Dividends

Dividend Yield
NCSM
--
SND
--
Payout Ratio
NCSM
0.0%
SND
0.0%

AI Verdict

NCSM NEUTRAL

NCSM presents a paradoxical profile: it is fundamentally undervalued with a Graham Number of $98.24 and a low P/E of 8.03, yet it carries a weak Piotroski F-Score of 3/9, indicating deteriorating financial health trends. While the balance sheet is exceptionally clean with a Debt/Equity ratio of 0.09 and high liquidity, the sharp increase in Forward P/E (24.21) suggests a significant expected contraction in earnings. Explosive recent earnings growth is offset by bearish insider sentiment and a very weak technical trend (10/100). The stock is a value play with high volatility and concerning momentum signals.

Strengths
Extremely low leverage (Debt/Equity 0.09)
Strong liquidity position (Current Ratio 4.27)
Significant undervaluation relative to Graham Number ($98.24)
Risks
Weak Piotroski F-Score (3/9) signaling declining fundamental health
Significant earnings contraction implied by Forward P/E jump from 8.03 to 24.21
Bearish insider activity with net selling by directors
SND BEARISH

SND exhibits a severe disconnect between its recent price appreciation (+158% 1Y) and its deteriorating fundamentals. With a Piotroski F-Score of 4/9, the company is barely stable, while the current price of $4.98 trades at a massive premium to both the Graham Number ($2.04) and the Intrinsic Value ($0.21). Despite a healthy balance sheet with low debt, the combination of crashing earnings growth (-73.5% YoY), negative operating margins, and aggressive insider selling suggests the current valuation is unsustainable.

Strengths
Low Debt/Equity ratio (0.15) indicating minimal leverage
Strong liquidity with a Current Ratio of 1.76
Trading below book value (P/B 0.81)
Risks
Extreme valuation gap: Current price is >2x the Graham Number and >20x the Intrinsic Value
Severe earnings contraction: YoY Earnings Growth is -73.50%
Negative operating margins (-2.84%) indicating an inability to profit from core operations

Compare Another Pair

NCSM vs SND: Head-to-Head Comparison

This page compares NCS Multistage Holdings, Inc. (NCSM) and Smart Sand, Inc. (SND) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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