SDPI - Superior Drilling Products Inc Stock Price, Fair Value and News

1.23USD-0.01 (-0.81%)Delayed as of 22 Apr 2024, 12:54 pm ET

Market Summary

USD1.23-0.01

Delayedas of 22 Apr 2024, 12:54 pm

-0.81%

SDPI Stock Price

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SDPI RSI Chart

SDPI Valuation

Market Cap

37.7M

Price/Earnings (Trailing)

5.07

Price/Sales (Trailing)

1.8

EV/EBITDA

10.67

Price/Free Cashflow

-68.83

SDPI Price/Sales (Trailing)

SDPI Profitability

EBT Margin

6.60%

Return on Equity

44.65%

Return on Assets

27.5%

Free Cashflow Yield

-1.45%

SDPI Fundamentals

SDPI Revenue

Revenue (TTM)

21.0M

Rev. Growth (Yr)

-18.68%

Rev. Growth (Qtr)

-15.43%

SDPI Earnings

Earnings (TTM)

7.4M

Earnings Growth (Yr)

1.6K%

Earnings Growth (Qtr)

40.3K%

Breaking Down SDPI Revenue

52 Week Range

1.27

(Low)(High)

Last 7 days

12.7%

Last 30 days

37.8%

Last 90 days

72.2%

Trailing 12 Months

25.3%

How does SDPI drawdown profile look like?

SDPI Financial Health

Current Ratio

2.29

Debt/Equity

0.1

Debt/Cashflow

1.98

SDPI Investor Care

Shares Dilution (1Y)

3.92%

Diluted EPS (TTM)

0.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	21.2M	22.1M	22.0M	21.0M
2022	15.0M	16.2M	17.8M	19.1M
2021	7.5M	8.9M	10.9M	13.3M
2020	19.3M	16.8M	13.3M	10.5M
2019	18.7M	17.8M	18.1M	19.0M
2018	16.8M	18.2M	18.5M	18.2M
2017	9.1M	12.0M	14.2M	15.6M
2016	10.1M	8.3M	7.6M	7.2M
2015	20.4M	18.8M	16.1M	12.7M
2014	14.0M	16.0M	18.0M	20.0M
2013	0	0	0	11.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Superior Drilling Products Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 11, 2023	eberwein jeffrey e.	sold	-3,797	1.34	-2,834	-
Aug 11, 2023	eberwein jeffrey e.	sold	-7,051	1.34	-5,262	-
Aug 09, 2023	eberwein jeffrey e.	sold	-2,178	1.35	-1,614	-
Aug 09, 2023	eberwein jeffrey e.	sold	-1,173	1.35	-869	-
Aug 08, 2023	eberwein jeffrey e.	sold	-35,106	1.34	-26,199	-
Aug 08, 2023	eberwein jeffrey e.	sold	-18,904	1.34	-14,108	-
Aug 07, 2023	eberwein jeffrey e.	sold	-4,420	1.39	-3,180	-
Aug 07, 2023	eberwein jeffrey e.	sold	-2,381	1.39	-1,713	-
Aug 02, 2023	eberwein jeffrey e.	sold	-3,057	1.34	-2,282	-
Aug 02, 2023	eberwein jeffrey e.	sold	-1,646	1.34	-1,229	-

Which funds bought or sold SDPI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Evanson Asset Management, LLC	sold off	-100	-21,420	-	-%
Apr 09, 2024	WOODSTOCK CORP	unchanged	-	15,540	71,021	0.01%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-39,655	329,611	-%
Feb 26, 2024	Virtu Financial LLC	new	-	11,000	11,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-13,538	-	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	new	-	11,886	11,886	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-43.65	-14,372	14,547	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-3.05	-	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-12,017	99,889	-%

Are Funds Buying or Selling SDPI?

Are funds buying SDPI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SDPI

No. of Funds

Unveiling Superior Drilling Products Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	meier g. troy	38.1%	11,571,369	SC 13D/A
Aug 09, 2023	star equity fund, lp	3.71%	1,084,688	SC 13D/A
May 09, 2023	star equity fund, lp	4.05%	1,183,748	SC 13D/A
Feb 22, 2023	star equity fund, lp	3.93%	1,150,000	SC 13D/A
Sep 09, 2022	star equity fund, lp	3.93%	1,150,000	SC 13D/A
Jul 13, 2022	star equity fund, lp	3.92%	1,106,358	SC 13D/A
Jun 24, 2022	star equity holdings, inc.	3.54%	1e+06	SC 13D/A
Jun 14, 2022	star equity fund, lp	2.48%	7e+05	SC 13D/A
May 10, 2022	star equity fund, lp	1.24%	350,000	SC 13D/A
May 09, 2022	star equity fund, lp	1.24%	350,000	SC 13D

Recent SEC filings of Superior Drilling Products Inc

View All Filings

Date Filed	Form Type	Document
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	425	Prospectus Filed
Mar 15, 2024	10-K	Annual Report
Mar 07, 2024	SC 13D/A	13D - Major Acquisition
Mar 07, 2024	8-K	Current Report
Mar 07, 2024	8-K	Current Report
Mar 07, 2024	425	Prospectus Filed
Mar 07, 2024	425	Prospectus Filed

Peers (Alternatives to Superior Drilling Products Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	71.1B	33.1B	-8.36%	-4.08%	16.93	2.15	17.96%	22.15%
HAL	34.8B	23.0B	2.28%	15.41%	13.16	1.51	13.41%	67.65%
MID-CAP
FTI	10.9B	7.8B	1.37%	91.50%	194.24	1.4	16.77%	152.43%
NOV	7.4B	8.6B	-2.24%	1.57%	7.44	0.86	18.60%	536.86%
CHX	6.8B	3.8B	4.13%	31.26%	21.59	1.81	-1.25%	100.96%
LBRT	3.7B	4.6B	8.75%	67.57%	7.83	0.82	-1.29%	-16.22%
AROC	3.0B	990.3M	0.78%	98.17%	28.94	3.07	17.12%	137.04%
SMALL-CAP
DNOW	1.6B	2.3B	0.14%	36.28%	6.28	0.67	8.66%	93.36%
CLB	681.3M	-	3.50%	-20.21%	28.73	1.36	-	-
DRQ	676.6M	424.1M	-18.45%	-30.96%	1.1K	1.6	17.17%	137.19%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	336.8M	719.2M	-10.80%	-15.67%	12.82	0.47	9.95%	114.41%

Superior Drilling Products Inc News

Latest updates

Superior Drilling Products Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-15.4%	4,272,785	5,052,203	5,367,350	6,281,214	5,254,136	5,172,545	4,540,842	4,130,164	3,950,469	3,561,919	3,399,109	2,424,653	1,541,205	1,547,442	2,024,388	5,357,763	4,341,011	5,076,215	4,543,442	5,036,346	3,480,635
Operating Expenses	-7.7%	4,545,532	4,926,184	4,821,418	4,903,452	4,606,112	4,316,699	4,413,147	3,825,279	3,860,249	3,398,630	3,282,764	3,381,257	2,986,297	3,093,801	3,120,141	5,093,171	4,712,077	5,303,328	4,760,203	5,123,173	4,725,954
S&GA Expenses	-12.5%	2,261,945	2,584,740	2,458,804	2,338,841	2,062,116	1,723,221	1,894,403	1,646,643	1,660,389	1,551,462	1,473,081	1,515,590	1,483,338	1,529,887	1,340,213	2,017,899	1,900,627	2,501,970	1,816,195	2,069,040	2,115,951
EBITDA Margin	-20.5%	0.16	0.21	0.23	0.22	0.17	0.21	0.19	0.21	0.17	0.11	-0.02	-0.18	-	-	-	-	-	-	-	-	-
Interest Expenses	2.3%	205,007	200,485	129,866	154,091	161,917	154,108	132,738	123,861	125,592	130,221	145,521	138,057	125,096	126,482	146,470	177,258	173,949	196,582	216,241	177,982	244,022
Income Taxes	-8312.4%	-6,312,108	76,861	106,654	77,612	87,117	44,169	32,299	31,384	27,776	39,327	26,468	17,180	8,582	99,979	225	6,210	-	-	-	-	-3,640
Earnings Before Taxes	-900.8%	-726,288	90,700	429,821	1,590,831	420,214	682,901	-24,209	181,221	672,759	33,117	-40,313	-1,084,613	-646,560	-1,631,293	-1,241,281	204,256	143,185	-417,758	-397,424	-245,876	-1,077,647
EBT Margin	-42.7%	0.07	0.12	0.14	0.13	0.07	0.09	0.05	0.06	-0.03	-0.16	-0.38	-0.61	-	-	-	-	-	-	-	-	-
Net Income	40262.9%	5,585,820	13,839	323,167	1,513,219	333,097	638,732	-56,508	149,837	644,984	-6,210	-66,781	-1,101,793	-655,142	-1,731,272	-1,241,506	198,046	124,635	-417,758	-397,424	-245,876	-1,081,287
Net Income Margin	256.5%	0.35	0.10	0.13	0.11	0.06	0.08	0.05	0.05	-0.04	-0.17	-0.40	-0.63	-	-	-	-	-	-	-	-	-
Free Cashflow	-162.5%	-1,607,741	2,572,311	-989,912	-522,144	1,481,527	-1,368,843	-59,465	163,979	-1,213,204	479,052	193,463	130,127	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	19.5%	27,037	22,618	21,322	19,661	17,600	18,314	15,534	15,098	14,612	13,227	13,361	12,901	13,040	13,146	14,796	17,573	16,761	18,475	18,985	19,918	19,639
Current Assets	-19.0%	8,756	10,813	9,564	8,673	8,205	8,976	7,683	7,339	7,359	5,897	6,115	5,012	4,498	3,912	5,366	7,888	6,636	8,271	8,185	8,626	7,675
Cash Equivalents	-38.1%	2,671	4,315	1,180	1,956	2,158	2,047	2,827	2,854	2,822	2,469	2,689	2,262	1,961	1,412	2,533	3,349	1,217	2,792	3,215	4,346	4,265
Inventory	-15.9%	2,706	3,219	3,152	2,249	2,081	1,623	1,325	1,024	1,175	1,068	1,060	996	1,020	944	1,302	1,179	924	960	1,163	1,232	1,004
Net PPE	1.3%	11,242	11,099	11,086	10,241	8,577	8,427	7,427	7,480	6,930	6,964	6,815	7,212	7,535	7,859	7,756	7,658	8,046	7,869	8,173	8,165	8,226
Liabilities	-13.4%	10,382	11,985	10,936	9,834	9,514	10,794	8,870	8,590	8,464	9,647	9,971	9,612	8,816	8,448	8,524	10,165	9,658	11,652	11,900	12,572	12,229
Current Liabilities	-27.9%	3,817	5,297	5,473	4,159	3,748	4,913	4,603	4,264	4,088	4,390	4,577	4,098	3,166	6,473	5,503	7,494	5,809	7,476	6,802	6,608	5,932
Long Term Debt	-5.5%	1,610	1,703	448	489	529	684	191	225	257	1,119	1,231	1,341	1,451	1,937	2,958	2,582	3,849	4,176	5,098	5,964	6,297
LT Debt, Current	-15.7%	635	753	1,424	1,158	1,126	2,320	2,205	2,116	2,196	1,445	1,948	1,651	1,397	4,760	3,991	5,055	4,103	4,592	4,820	4,358	4,579
LT Debt, Non Current	-5.5%	1,610	1,703	448	489	529	684	191	225	257	1,119	1,231	1,341	1,451	1,937	2,958	2,582	3,849	4,176	5,098	5,964	6,297
Shareholder's Equity	56.6%	16,655	10,633	10,386	9,827	8,087	7,521	6,664	6,508	6,148	3,579	3,390	3,289	4,224	4,698	6,272	7,408	7,103	25.00	39,759	7,346	7,410
Retained Earnings	16.4%	-28,450	-34,036	-34,049	-34,373	-35,886	-36,219	-36,858	-36,801	-36,951	-37,596	-37,590	-37,523	-36,421	-35,766	-34,035	-32,793	-32,991	-33,116	-32,698	-32,301	-32,055
Additional Paid-In Capital	1.0%	45,075	44,638	44,407	44,171	43,944	43,711	43,494	43,281	43,071	41,150	40,954	40,787	40,620	40,439	40,281	40,176	40,069	39,914	39,759	39,622	39,441
Shares Outstanding	0%	30,391	30,391	29,253	29,245	29,245	28,441	28,235	28,235	28,235	25,894	25,762	25,762	-	-	-	-	-	-	-	-	-
Float	-	-	-	13,340	-	-	-	10,948	-	-	-	8,155	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-130.3%	-990	3,264	-124	1,045	2,211	-17.36	271	1,083	-865	1,057	129	205	252	-842	-71.58	2,182	-283	292	-46.71	976	660
Share Based Compensation	2.1%	237	232	230	227	233	218	212	210	226	196	167	167	181	158	105	107	155	156	136	182	147
Cashflow From Investing	10.6%	-617	-691	-865	-1,217	-729	-1,351	-330	-919	-347	-643	130	-24.96	-980	-64.34	-52.28	80.00	-116	293	-346	-338	-561
Cashflow From Financing	-106.5%	-36.31	563	214	-30.24	-1,370	588	33.00	-131	1,566	-633	168	121	1,278	-214	-692	-130	-1,174	-1,007	-738	-555	-108

SDPI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 20,973,551	$ 19,097,687
Operating cost and expenses
Cost of revenue	8,195,501	8,330,877
Selling, general, and administrative expenses	9,643,647	7,326,384
Depreciation and amortization expense	1,357,438	1,503,976
Total operating cost and expenses	19,196,586	17,161,237
Operating income	1,776,965	1,936,450
Other income (expense)
Interest income	60,950	26,675
Interest expense	(689,449)	(572,624)
Recovery of related party note receivable	350,262
Impairment on asset held for sale		(130,375)
Loss on disposition of assets	(70,664)
Loss on extinguishment of debt	(43,000)
Total other income (expense)	(391,901)	(676,324)
Income before income taxes	1,385,064	1,260,126
Income tax (expense)/benefit	6,050,981	(194,969)
Net income	$ 7,436,045	$ 1,065,157
Earnings per common share - basic	$ 0.25	$ 0.04
Weighted average common shares outstanding - basic	29,698,498	28,643,464
Earnings per common share - diluted	$ 0.25	$ 0.04
Weighted average common shares outstanding - diluted	29,772,498	28,675,100

SDPI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and restricted cash	$ 2,670,626	$ 2,158,025
Accounts receivable	2,670,361	3,241,221
Prepaid expenses	335,152	367,823
Inventories	2,706,491	2,081,260
Asset held for sale		216,000
Other current assets	373,587	140,238
Total current assets	8,756,217	8,204,567
Property, plant and equipment, net	11,242,251	8,576,851
Intangible assets, net		69,444
Right of use assets	451,094	638,102
Deferred tax asset	6,387,240
Other noncurrent assets	199,816	111,519
Total assets	27,036,618	17,600,483
Current liabilities
Accounts payable	1,547,619	1,043,581
Accrued expenses	870,060	891,793
Income tax payable	626,455	351,618
Current portion of operating lease liability	54,034	44,273
Current portion of financial obligation	83,648	74,636
Current portion of long-term debt, net of discounts	635,273	1,125,864
Other current liabilities		216,000
Total current liabilities	3,817,089	3,747,765
Operating lease liability, less current portion	325,480	523,375
Long-term financial obligation, less current portion	3,954,373	4,038,022
Long-term debt, less current portion, net of discounts	1,609,868	529,499
Deferred income	675,000	675,000
Total liabilities	10,381,810	9,513,661
Commitments and contingencies (Note 10)
Shareholders’ equity
Common stock - $0.001 par value; 100,000,000 shares authorized; 30,391,240 and 29,245,080 shares issued and outstanding, respectively	30,391	29,245
Additional paid-in-capital	45,074,723	43,943,928
Accumulated deficit	(28,450,306)	(35,886,351)
Total shareholders’ equity	16,654,808	8,086,822
Total liabilities and shareholders’ equity	$ 27,036,618	$ 17,600,483

About Superior Drilling Products Inc

Superior Drilling Products, Inc., a drilling and completion tool technology company, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in North America and internationally. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system. The company also engages in the manufacture and refurbishment of polycrystalline diamond compact drill bits for an oil field services company. It serves oil and natural gas drilling industry. The company was formerly known as SD Company, Inc. and changed its name to Superior Drilling Products, Inc. in May 2014. Superior Drilling Products, Inc. was founded in 1993 and is headquartered in Vernal, Utah.

CEO	Mr. G. Troy Meier
WEBSITE	sdpi.com
INDUSTRY	Oil - Services
EMPLOYEES	86

Superior Drilling Products Inc Frequently Asked Questions

What is the ticker symbol for Superior Drilling Products Inc? What does SDPI stand for in stocks?

SDPI is the stock ticker symbol of Superior Drilling Products Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Superior Drilling Products Inc (SDPI)?

As of Fri Apr 19 2024, market cap of Superior Drilling Products Inc is 37.69 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SDPI stock?

You can check SDPI's fair value in chart for subscribers.

What is the fair value of SDPI stock?

You can check SDPI's fair value in chart for subscribers. The fair value of Superior Drilling Products Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Superior Drilling Products Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SDPI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Superior Drilling Products Inc a good stock to buy?

The fair value guage provides a quick view whether SDPI is over valued or under valued. Whether Superior Drilling Products Inc is cheap or expensive depends on the assumptions which impact Superior Drilling Products Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SDPI.

What is Superior Drilling Products Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, SDPI's PE ratio (Price to Earnings) is 5.07 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SDPI PE ratio will change depending on the future growth rate expectations of investors.