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SII

Sprott TSX:SII Stock Report

Last Price

CA$47.44

Market Cap

CA$1.2b

7D

-0.7%

1Y

-1.7%

Updated

26 Jun, 2022

Data

Company Financials +
SII fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends2/6

SII Stock Overview

Sprott Inc. is a publicly owned asset management holding company.

Sprott Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Sprott
Historical stock prices
Current Share PriceCA$47.44
52 Week HighCA$71.70
52 Week LowCA$41.72
Beta1.24
1 Month Change1.91%
3 Month Change-25.00%
1 Year Change-1.72%
3 Year Change40.77%
5 Year Change108.07%
Change since IPO-51.79%

Recent News & Updates

Shareholder Returns

SIICA Capital MarketsCA Market
7D-0.7%3.4%0.3%
1Y-1.7%-15.2%-4.0%

Return vs Industry: SII exceeded the Canadian Capital Markets industry which returned -15.1% over the past year.

Return vs Market: SII exceeded the Canadian Market which returned -4.1% over the past year.

Price Volatility

Is SII's price volatile compared to industry and market?
SII volatility
SII Average Weekly Movement7.0%
Capital Markets Industry Average Movement6.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: SII is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SII's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008173Peter Grosskopfhttps://www.sprott.com

Sprott Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.

Sprott Fundamentals Summary

How do Sprott's earnings and revenue compare to its market cap?
SII fundamental statistics
Market CapUS$921.96m
Earnings (TTM)US$36.44m
Revenue (TTM)US$167.36m

25.3x

P/E Ratio

5.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SII income statement (TTM)
RevenueUS$167.36m
Cost of RevenueUS$87.61m
Gross ProfitUS$79.75m
Other ExpensesUS$43.31m
EarningsUS$36.44m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.45
Gross Margin47.65%
Net Profit Margin21.77%
Debt/Equity Ratio12.7%

How did SII perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

68%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SII undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SII?

Other financial metrics that can be useful for relative valuation.

SII key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.4x
Enterprise Value/EBITDA15.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SII's PE Ratio compare to its peers?

SII PE Ratio vs Peers
The above table shows the PE ratio for SII vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.5x

Price-To-Earnings vs Peers: SII is expensive based on its Price-To-Earnings Ratio (25.3x) compared to the peer average (8.5x).


Price to Earnings Ratio vs Industry

How does SII's PE Ratio compare vs other companies in the Canadian Capital Markets Industry?

Price-To-Earnings vs Industry: SII is expensive based on its Price-To-Earnings Ratio (25.3x) compared to the Canadian Capital Markets industry average (8.9x)


Price to Earnings Ratio vs Fair Ratio

What is SII's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SII PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SII's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SII when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SII (CA$47.44) is trading above our estimate of fair value (CA$18.22)

Significantly Below Fair Value: SII is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SII's PEG Ratio to determine if it is good value.


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Future Growth

How is Sprott forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.7%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SII's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if SII's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if SII's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SII's revenue (14.7% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: SII's revenue (14.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SII's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Sprott performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SII has high quality earnings.

Growing Profit Margin: SII's current net profit margins (21.8%) are higher than last year (20.2%).


Past Earnings Growth Analysis

Earnings Trend: SII's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: SII's earnings growth over the past year (25.1%) exceeds its 5-year average (3.1% per year).

Earnings vs Industry: SII earnings growth over the past year (25.1%) exceeded the Capital Markets industry 0.2%.


Return on Equity

High ROE: SII's Return on Equity (12.1%) is considered low.


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Financial Health

How is Sprott's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SII's short term assets ($79.4M) exceed its short term liabilities ($27.8M).

Long Term Liabilities: SII's short term assets ($79.4M) exceed its long term liabilities ($51.6M).


Debt to Equity History and Analysis

Debt Level: SII has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SII's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SII's debt is well covered by operating cash flow (101.7%).

Interest Coverage: SII's interest payments on its debt are well covered by EBIT (42.8x coverage).


Balance Sheet


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Dividend

What is Sprott current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.72%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SII's dividend (2.72%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).

High Dividend: SII's dividend (2.72%) is low compared to the top 25% of dividend payers in the Canadian market (5.33%).


Stability and Growth of Payments

Stable Dividend: SII's dividend payments have been volatile in the past 10 years.

Growing Dividend: SII's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68.4%), SII's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (100.8%), SII's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Peter Grosskopf (56 yo)

11.75yrs

Tenure

US$2,902,479

Compensation

Mr. Peter Fritz Grosskopf, CFA, serves as the Director at Resource Capital Investment Corporation. He serves as an Independent Director at Agnico Eagle Mines Limited since February 8, 2022. He also served...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD2.90M) is above average for companies of similar size in the Canadian market ($USD1.59M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SII's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: SII's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SII insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sprott Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sprott Inc.
  • Ticker: SII
  • Exchange: TSX
  • Founded: 2008
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: CA$1.191b
  • Shares outstanding: 25.10m
  • Website: https://www.sprott.com

Number of Employees


Location

  • Sprott Inc.
  • Royal Bank Plaza
  • South Tower
  • Toronto
  • Ontario
  • M5J 2J1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.