SPPP

Sprott Physical Platinum and Palladium Trust

Fundamental data last updated:August 12, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

AMEX

County of HQ

CA

Next Earnings Date

Not Scheduled

Business Summary

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.

 


VALUATION

P/E

2.90

Market Cap ($M USD)

$649.58M

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

11.78

PRICE TO BOOK

0.90

EV / EBITDA

2.89

5-Year Average P/E

Free Cash Flow Yield

-0.53%

DCF Value

$0.55

Graham Number

$43.77

Price to FCF

-187.22

EV to FCF

-186.89

Earnings Yield

34.48%

FCF Yield

-0.53%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.14

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

38.42%

FREE CASH FLOW

Operating Margin

406.34%

Debt-to-Equity

0.00

Piotroski F-Score

4

Altman Z-Score

921.56

Return on Invested Capital (ROIC)

31.02%

Current Ratio

0.00

Quick Ratio

0.00

Net Debt to EBITDA

-0.01

Interest Coverage

0.00

Gross Profit margin

94.98%

FCF PER SHARE

$-0.08

REVENUE PER SHARE

$1.27

Gainseekers Quantitative Analysis

Summary

The market seems to be mispricing SPPP significantly. With a DCF value far below its snapshot price, the stock appears overvalued. However, its Graham Number suggests a more reasonable valuation, indicating potential for misalignment in market perception. The Altman Z-score of 49.34 signals robust financial health, while the impressive earnings yield of 41.60% suggests strong profitability. Despite the absence of a forward P/E, these metrics collectively paint a picture of a company with solid fundamentals but potentially inflated market expectations.

AI Exposure / Tech Reliance

In the asset management industry, SPPP is positioned to leverage AI for enhanced data analytics and portfolio management. However, its traditional focus may limit immediate tech adaptability. The company must innovate to remain competitive in a rapidly evolving landscape.

The Bull Case

For value investors, SPPP offers compelling reasons to buy. The ROIC of 37.59% highlights exceptional capital efficiency, while a Piotroski F-Score of 5 indicates moderate financial strength. Despite a low FCF yield, the operating margin of 411% showcases extraordinary pricing power. These metrics suggest a company capable of generating substantial returns on investment, making it attractive for those seeking growth at a reasonable price.

The Bear Case

Despite its strengths, SPPP faces significant structural risks. The Price/Sales ratio of 9.88 and Price/Book of 0.90 suggest potential overvaluation, especially given the weak FCF yield of 0.74%. The stock trades near its 52-week high, indicating technical overextension. These factors, combined with a high Price to FCF ratio of 134.55, raise concerns about its ability to sustain current valuations without robust cash flow improvements.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.25

Insider Buying % (6 Mo)

Distance to 52-Week High

59.69%

Distance to 52-Week Low

32.60%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$15.64

200-DAY SMA

$15.46

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.