| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 2.64 |
—
—
—
|
| 2025 | 2.12 |
—
—
—
—
|
| 2024 | 1.05 |
—
—
—
—
|
| 2023 | 1.00 |
—
—
—
—
|
| 2022 | 1.00 |
—
—
—
—
|
| 2021 | 1.00 |
—
—
—
—
|
| 2020 | 1.13 |
—
—
—
—
—
|
| 2019 | 0.90 |
—
—
—
—
|
| 2018 | 0.93 |
—
—
—
—
|
| 2017 | 0.92 |
—
—
—
—
|
| 2016 | 0.92 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 21.41 | 47.06 | 124.08 | 190.50 |
| Receivables | 8.67 | 17.47 | 49.40 | 12.40 |
| Inventory | — | — | — | — |
| Other | 13.50 | 14.66 | 14.26 | 9.32 |
| 43.58 | 79.19 | 187.74 | 212.22 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 12.65 | 7.61 | 13.55 | 7.45 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 21.45 | 30.28 | 97.54 | 61.81 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 142.95 | 80.22 | — | — |
—
|
| ’25 | 43.36 | 65.17 | 65.11 | 111.43 |
285.08
|
| ’24 | 41.54 | 47.99 | 46.51 | 42.62 |
178.66
|
| ’23 | 39.92 | 36.28 | 34.47 | 40.69 |
151.37
|
| ’22 | 42.46 | 30.55 | 36.01 | 36.16 |
145.18
|
| ’21 | 39.75 | 36.31 | 41.29 | 47.29 |
164.65
|
| ’20 | 16.98 | 31.04 | 35.40 | 38.36 |
121.78
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 44.36 | 35.45 | — | — |
—
|
| ’25 | 14.14 | 21.62 | 10.01 | 51.92 |
97.69
|
| ’24 | 11.68 | 9.35 | 21.21 | 26.91 |
69.15
|
| ’23 | 11.38 | 7.23 | (0.36) | 11.61 |
29.86
|
| ’22 | 6.63 | 14.47 | (3.06) | 14.46 |
32.50
|
| ’21 | 18.92 | 9.81 | 17.79 | 4.72 |
51.25
|
| ’20 | 6.52 | 10.24 | 11.17 | (1.68) |
26.24
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 43.82 | 34.65 | — | — |
—
|
| ’25 | 13.55 | 21.10 | 9.60 | 51.60 |
95.84
|
| ’24 | 10.94 | 8.98 | 20.87 | 26.50 |
67.28
|
| ’23 | 11.00 | 6.74 | (0.52) | 11.10 |
28.33
|
| ’22 | 6.63 | 14.46 | (3.16) | 14.44 |
32.37
|
| ’21 | 18.71 | 9.74 | 17.73 | 4.37 |
50.55
|
| ’20 | 6.30 | 10.13 | 11.12 | (2.00) |
25.55
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1.13 | 1.33 | — | — |
—
|
| ’25 | 0.46 | 0.52 | 0.51 | 1.11 |
2.61
|
| ’24 | 0.44 | 0.51 | 0.49 | 0.46 |
1.91
|
| ’23 | 0.30 | 0.70 | 0.27 | 0.38 |
1.60
|
| ’22 | 0.25 | 0.03 | 0.12 | 0.29 |
0.67
|
| ’21 | 0.12 | 0.43 | 0.34 | 0.41 |
1.28
|
| ’20 | 0.01 | 0.41 | 0.34 | 0.26 |
1.05
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 29.76 | 28.04 | 31.47 | 39.33 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 57.00 | 41.96 | 48.00 | 102.30 | — | — | — |
High Price
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 173 | 129 | 132 | 132 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.84 | 1.17 | 1.35 | 2.16 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 145.18 | 151.37 | 178.66 | 285.08 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 100.00% | 100.00% | 100.00% | 100.00% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.08 | 50.29 | 69.01 | 90.36 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.27% | 33.22% | 38.63% | 31.70% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.63 | 41.80 | 49.29 | 67.35 | ‡‡‡‡‡ | — | — |
Net Income
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.36 | 2.84 | 2.22 | 2.48 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.79 | 6.00 | 7.03 | 11.05 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | 0.70 | 1.66 | 1.94 | 2.61 | ‡‡‡‡‡ | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.30 | 1.18 | 2.72 | 3.79 | ‡‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.01) | (0.06) | (0.07) | (0.07) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.29 | 1.12 | 2.65 | 3.71 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.06 | 12.12 | 12.73 | 14.23 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.07 | 25.23 | 25.43 | 25.80 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 49.86 | 19.96 | 21.74 | 37.66 | ‡‡‡‡ | — | — |
PE Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.03 | 5.49 | 6.00 | 8.86 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.16 | 2.72 | 3.31 | 6.88 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.05 | 5.53 | 5.86 | 8.50 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (15.33) | (13.74) | (47.63) | 369.55 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.50 | 29.86 | 69.15 | 97.69 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.13) | (1.53) | (1.87) | (1.85) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.37 | 28.33 | 67.28 | 95.84 | ‡‡‡‡‡ | — | — |
FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 51.21 | 22.13 | 48.91 | 90.20 | — | — | — |
Working Cap'
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 54.44 | 24.24 | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.59) | 2.83 | (47.06) | (124.08) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 277.27 | 305.71 | 323.65 | 367.25 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.70% | 10.96% | 12.84% | 14.73% | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.33% | 11.66% | 15.98% | 24.63% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.20% | 14.34% | 15.66% | 19.50% | — | — | — |
ROE
|
Sprott Inc. (SII), a resilient player in precious metals investing through ETFs, streaming, and lending, has surged with commodity cycles—from the 2020 gold frenzy to ongoing de-dollarization and geopolitical tensions. Revenue rocketed 143% from $73.5 million in 2019 to $178.7 million in 2024, with per-share figures up 133% and projections tripling to $21.37 by 2027 amid rising AUM and metal prices. Operational efficiency shines, with revenue per employee doubling to $1.35 million and 100% gross margins underscoring a scalable, low-risk model.
Profitability metrics dazzle: EBT quadrupled to $69 million (38.6% margins), net income rose 383%, and EPS leaped 3,780% to $1.94, driving ROE to 15.7% (projected 21.8% in 2025). A fortress balance sheet features $47 million net cash, exploding FCF per share (110% higher), and halved debt, buffering volatility while funding growth and dividends.
At a trailing P/E of 21.7x compressing to 13x forward, SII trades 5% below consensus targets, offering value if gold holds above $2,000/oz. Analysts forecast EPS doubling by 2026, with 20-30% upside potential, though metals corrections loom. This cyclical gem merits overweight for patient investors eyeing 15-20% annualized returns.
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