Sprott (SII) AI Stock Analysis

• Market Cap: C$3.79B
• Dividend Yield: 1.32%
• Average Volume (3M): 64.18K
• Price to Earnings (P/E): 53.9
• Beta (1Y): 1.39
• Revenue Growth: 35.51%
• EPS Growth: 7.55%
• Country: CA
• Employees: 132
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.71
• Shares Outstanding: 25,786,259
• 10 Day Avg. Volume: 81,905
• 30 Day Avg. Volume: 64,179
• PEG Ratio: 1.29
• Price to Book (P/B): 3.31
• Price to Sales (P/S): 6.36
• P/FCF Ratio: 15.91
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$127.51
• Price Target Upside: -14.57% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: C$156.00 ▲(4.52% Upside)

The score is driven primarily by strong financial quality (no-debt balance sheet, high margins, healthy cash conversion) and supportive technical strength (price above key moving averages with positive MACD). A strong earnings update (record AUM milestones and a 33% dividend increase) further supports the outlook, while the high P/E and modest yield weigh on the valuation component.

Sprott Business Overview & Revenue Model

Company Description

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. Further, the firm also provides broker-dealer activities. Sprott Inc. was formed on February 13, 2008 and is based in Toronto, Canada.

How the Company Makes Money

Sprott Inc. generates revenue primarily through management fees, performance fees, and transaction fees associated with its investment products and services. Management fees are charged as a percentage of assets under management (AUM) and represent a stable income stream. Performance fees are earned when the investment returns exceed certain benchmarks, aligning Sprott's interests with those of its clients. Transaction fees are collected from services related to the trading and management of client assets. The company's focus on precious metals and real assets attracts investors seeking diversification and protection against inflation, contributing significantly to its earnings. Additionally, Sprott partners with various financial institutions and leverages its expertise in niche markets to enhance its product offerings and expand its client base.

Sprott Financial Statement Overview

Summary

Sprott's financial statements reflect strong growth, profitability, and financial stability. The company has achieved significant revenue growth and improved profit margins, underpinned by a solid balance sheet with zero debt. Cash flow metrics highlight robust cash generation and efficient capital management. While the absence of EBIT in 2024 warrants attention, overall, Sprott is well-positioned for continued success in the asset management industry.

Income Statement

Sprott has demonstrated strong revenue growth with a 15.1% increase from 2023 to 2024, alongside a healthy gross profit margin of 48.0% in 2024. However, the absence of EBIT in 2024 may raise concerns about operational efficiency. Net profit margin improved significantly to 29.3%, showcasing enhanced profitability.

Balance Sheet

The company maintains a robust balance sheet with no total debt recorded in 2024, indicating strong financial stability. The equity ratio stands at 83.2%, reflecting sound financial health and limited leverage risk. Return on equity improved to 15.2%, highlighting efficient use of equity.

Cash Flow

Sprott has shown impressive free cash flow growth of 137.5% from 2023 to 2024, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 1.40, suggesting efficient cash conversion, while the free cash flow to net income ratio of 1.37 further underscores liquidity strength.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	199.04M	168.35M	146.30M	154.27M	164.94M	114.41M
Gross Profit	73.83M	80.82M	64.17M	66.62M	78.48M	56.82M
EBITDA	72.24M	74.32M	57.19M	31.36M	50.90M	39.95M
Net Income	50.30M	49.29M	41.80M	17.63M	33.19M	26.98M
Balance Sheet
Total Assets	466.17M	388.80M	378.83M	383.75M	365.87M	377.35M
Cash, Cash Equivalents and Short-Term Investments	80.34M	47.06M	22.89M	55.03M	55.94M	53.58M
Total Debt	0.00	0.00	24.24M	54.44M	29.77M	16.99M
Total Liabilities	121.44M	65.15M	73.13M	106.48M	74.65M	86.36M
Stockholders Equity	344.73M	323.65M	305.70M	277.27M	291.22M	290.98M
Cash Flow
Free Cash Flow	70.51M	67.28M	28.33M	32.37M	50.55M	25.55M
Operating Cash Flow	72.44M	69.15M	29.86M	32.50M	51.25M	26.24M
Investing Cash Flow	28.94M	24.52M	4.61M	-23.49M	-20.63M	-17.09M
Financing Cash Flow	-58.09M	-57.17M	-63.46M	-3.90M	-24.19M	-22.44M

Sprott Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 149.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SII, the sentiment is Positive. The current price of 149.26 is above the 20-day moving average (MA) of 137.37, above the 50-day MA of 129.10, and above the 200-day MA of 99.66, indicating a bullish trend. The MACD of 5.40 indicates Negative momentum. The RSI at 69.73 is Neutral, neither overbought nor oversold. The STOCH value of 79.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SII.

Sprott Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SII	80 Outperform	C$3.79B	53.91	14.90%	1.32%	35.51%	7.55%
AGF.B	78 Outperform	C$1.08B	9.66	9.85%	3.01%	11.23%	30.44%
IGM	76 Outperform	C$14.92B	14.55	12.37%	3.59%	-1.02%	-5.65%
ONEX	69 Neutral	C$8.00B	13.37	5.15%	0.36%	2.46%	-27.48%
BAM	68 Neutral	C$122.99B	33.11	36.59%	3.37%	597.75%	50.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FSZ	62 Neutral	C$648.27M	21.01	11.26%	8.78%	-0.88%	-52.30%

Sprott Corporate Events

Sprott Inc. Reports Record AUM and Expands ETF Offerings

Sprott Inc. reported significant growth in its Assets Under Management (AUM), reaching $49.1 billion by the end of Q3 2025, driven by rising precious metals prices and strong performance in managed equities. The company achieved record net sales and expanded its ETF offerings, contributing to a substantial increase in revenue and a 33% dividend hike, reflecting confidence in its future prospects.

The most recent analyst rating on (TSE:SII) stock is a Buy with a C$109.00 price target. To see the full list of analyst forecasts on Sprott stock, see the TSE:SII Stock Forecast page.

Sprott Inc. Boosts Dividend by 33% for Q3 2025

Sprott Inc. has announced a significant 33% increase in its quarterly dividend, raising it to US$0.40 per common share for the third quarter of 2025. This move reflects the company’s robust financial health and commitment to delivering value to its shareholders. The dividend will be paid on December 2, 2025, with Canadian shareholders receiving payments in Canadian dollars and others in U.S. dollars, subject to currency election options. This increase underscores Sprott’s strong position in the asset management industry, particularly in the precious metals and critical materials sectors, and signals confidence in its ongoing growth and profitability.

The most recent analyst rating on (TSE:SII) stock is a Buy with a C$109.00 price target. To see the full list of analyst forecasts on Sprott stock, see the TSE:SII Stock Forecast page.

Sprott to Release 2025 Q3 Results with Upcoming Webcast

Sprott Inc. has announced the release of its third quarter results for 2025, scheduled for November 5, 2025, at 7:00 a.m. The company will host a webcast at 10:00 a.m. on the same day to discuss the results, featuring key executives including CEO Whitney George. This announcement highlights Sprott’s commitment to transparency and provides an opportunity for stakeholders to gain insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (TSE:SII) stock is a Buy with a C$109.00 price target. To see the full list of analyst forecasts on Sprott stock, see the TSE:SII Stock Forecast page.

Sprott Physical Silver Trust Surpasses $10 Billion in Net Asset Value

Sprott Inc. announced that the net asset value of its Sprott Physical Silver Trust has surpassed $10 billion, marking a significant milestone. This achievement reflects the rising demand for physical silver, driven by recent all-time high silver prices. The Trust, which holds over 202.6 million ounces of silver, provides investors with a liquid and convenient investment vehicle backed by fully allocated physical silver. The recent listing of options on the TSX further enhances investment opportunities for stakeholders.

The most recent analyst rating on (TSE:SII) stock is a Buy with a C$109.00 price target. To see the full list of analyst forecasts on Sprott stock, see the TSE:SII Stock Forecast page.