company background image
SII

SprottNYSE:SII Stock Report

Last Price

CA$39.24

Market Cap

CA$976.4m

7D

-3.9%

1Y

33.4%

Updated

19 Jan, 2022

Data

Company Financials
SII fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

SII Stock Overview

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

Sprott Competitors

IGM Financial

TSX:IGM

CA$11.4b

CI Financial

TSX:CIX

CA$5.0b

Canaccord Genuity Group

TSX:CF

CA$1.4b

Fiera Capital

TSX:FSZ

CA$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Sprott
Historical stock prices
Current Share PriceCA$39.24
52 Week HighCA$47.89
52 Week LowCA$28.03
Beta1.15
1 Month Change-7.56%
3 Month Change-1.28%
1 Year Change33.42%
3 Year Change108.72%
5 Year Change112.11%
Change since IPO-41.78%

Recent News & Updates

Nov 05

Sprott: A Healthy AUM Growth In Q3 Despite A Challenging Market

The growth in the Exchange Listed Product segment from the Uranium Trust assured Sprott grew assets under management in Q3-21. The lending segment did also surprise to the upside after a long period of declining earnings. There is very little to dislike about Sprott as a company given the growth and future prospects.

Shareholder Returns

SIIUS Capital MarketsUS Market
7D-3.9%-5.5%-4.6%
1Y33.4%24.6%7.7%

Return vs Industry: SII exceeded the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: SII exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is SII's price volatile compared to industry and market?
SII volatility
SII Average Weekly Movement4.2%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: SII is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SII's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008157Peter 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$976.39m
Earnings (TTM)US$29.73m
Revenue (TTM)US$155.71m

32.8x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SII income statement (TTM)
RevenueUS$155.71m
Cost of RevenueUS$80.97m
Gross ProfitUS$74.75m
ExpensesUS$45.01m
EarningsUS$29.73m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin48.00%
Net Profit Margin19.10%
Debt/Equity Ratio11.4%

How did SII perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

83%

Payout Ratio

Valuation

Is Sprott undervalued compared to its fair value and its price relative to the market?

32.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SII ($39.24) is trading above our estimate of fair value ($10.24)

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


Price To Earnings Ratio

PE vs Industry: SII is poor value based on its PE Ratio (32.8x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: SII is poor value based on its PE Ratio (32.8x) compared to the US market (17x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SII is good value based on its PB Ratio (3.3x) compared to the US Capital Markets industry average (42.2x).


Future Growth

How is Sprott forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sprott has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Sprott performed over the past 5 years?

-1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SII has high quality earnings.

Growing Profit Margin: SII's current net profit margins (19.1%) are lower than last year (20.8%).


Past Earnings Growth Analysis

Earnings Trend: SII's earnings have declined by 1.5% per year over the past 5 years.

Accelerating Growth: SII's earnings growth over the past year (37%) exceeds its 5-year average (-1.5% per year).

Earnings vs Industry: SII earnings growth over the past year (37%) underperformed the Capital Markets industry 86.4%.


Return on Equity

High ROE: SII's Return on Equity (10.1%) is considered low.


Financial Health

How is Sprott's financial position?


Financial Position Analysis

Short Term Liabilities: SII's short term assets ($87.4M) exceed its short term liabilities ($39.3M).

Long Term Liabilities: SII's short term assets ($87.4M) exceed its long term liabilities ($41.2M).


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 (133.3%).

Interest Coverage: SII's interest payments on its debt are well covered by EBIT (40.8x coverage).


Balance Sheet


Dividend

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

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SII's dividend (2.55%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: SII's dividend (2.55%) is low compared to the top 25% of dividend payers in the US market (3.48%).


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.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.4%), SII's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SII's dividends in 3 years are forecast to be covered by earnings (50.3% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Peter Grosskopf (56 yo)

11.33yrs

Tenure

US$2,894,000

Compensation

Mr. Peter Fritz Grosskopf, CFA, serves as the Director at Resource Capital Investment Corporation. He also serves as Independent Director of Kirkland Lake Gold Ltd. since February 24, 2020.He serves as Ch...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD2.89M) is about average for companies of similar size in the US market ($USD2.39M).

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 (3.7 years average tenure).


Board Members

Experienced Board: SII's board of directors are considered experienced (7.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SII insiders have only sold shares 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: NYSE
  • Founded: 2008
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: CA$1.221b
  • Listing Market Cap: CA$976.392m
  • Shares outstanding: 24.87m
  • 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 Analysis2022/01/19 23:45
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.