Sprott Inc. (SII) vs WisdomTree, Inc. (WT)

Sprott Inc. and WisdomTree, Inc. are both Asset Management companies. WisdomTree, Inc. is the larger, with a market value of $3.6B against $3.2B — 1.1× the size. Sprott Inc. trades at the lower P/E: 30.5× against 43.4×. Sprott Inc. grew revenue faster over the last twelve months: 102.2% against 37.1%. Sprott Inc. has the higher net margin (26.4% vs 13.2%) and the higher return on invested capital (44.7% vs 12.3%). Both pay a dividend; Sprott Inc. yields more (2.72% vs 1.73%). Across the 22 metrics below, Sprott Inc. leads on 15 and WisdomTree, Inc. on 7.

Valuation

Metric SII WT Asset Management median
P/E 30.48 43.45 14.62
P/S 8.02 5.95 2.97
P/B 8.17 8.66 0.94
Price to free cash flow 63.59 18.85 8.93
EV/EBITDA 20.65 17.55 10.32
EV/Sales 7.59 7.23 5.72
Earnings yield 3.28% 2.30% 4.53%
Free cash flow yield 1.57% 5.31% 4.65%

Profitability

Metric SII WT Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 36.07% 38.80% 33.03%
Net margin 26.36% 13.15% 13.53%
Free cash flow margin 34.94% 31.55% 12.44%
Return on equity 28.57% 18.56% 4.83%
Return on assets 22.06% 5.91% 1.57%
Return on invested capital 44.69% 12.33% 3.04%

Growth

Metric SII WT Asset Management median
Revenue growth (TTM) 102.23% 37.14% 6.97%
EPS growth (last fiscal year) 36.65% 127.27% —
Revenue growth, 5-year CAGR 18.54% 14.59% 12.13%
Net income growth, 5-year CAGR 20.08% 0.00% 0.00%

Health

Metric SII WT Asset Management median
Debt to equity 0.00 2.57 0.42
Current ratio 3.43 3.00 1.28
Net debt to EBITDA (1.26) 3.51 1.06

Dividend

Metric SII WT Asset Management median
Dividend yield 2.72% 1.73% 6.92%
Payout ratio 0.73 0.21 0.77

Size

Metric SII WT Asset Management median
Market cap 3.20b 3.63b 721.34m

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