| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 26 | 32.5x | 17.8x | Bottom tier | |
Growth | 92 | 104.7% | 7.1% | Top tier | |
Quality | 97 | — | — | Top tier | |
Safety | 87 | — | — | Top tier | |
Capital Return | 12 | 0.30% | 2.12% | Bottom tier | |
Momentum | 55 | 81.0% | 2.9% | Around median | |
Sentiment | 77 | 4 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Sprott Inc. operates as a specialized asset manager focused on precious metals and critical materials, managing exchange-listed products that include ETFs and physical metal trusts, alongside managed equities and private strategies. Its revenue model relies primarily on fees linked to assets under management; ETFs benefit from a lower weighting of fixed costs and service-provider fees as assets grow, while private strategies may add carried interest and performance fees when realized.
In fiscal year 2025, revenue reached $285.1 million, compared with $178.7 million in fiscal year 2024, and net income rose to $67.3 million from $49.3 million, while earnings per share increased to $2.61 from $1.91. The data does not include a gross profit figure, but this annual improvement demonstrates the expansion of the earnings base alongside growth in the asset management business.
In Q2 of fiscal year 2026, net income reached $34.3 million, compared with $13.5 million in the corresponding period, and adjusted earnings before interest, taxes, depreciation, and amortization reached $50.8 million versus $25.5 million. The company ended the quarter with $55.6 billion in assets under management, distributed across exchange-listed products, managed equities, and private strategies, whose assets reached $2 billion, while management said the adjusted earnings before interest, taxes, depreciation, and amortization margin gradually increased from 53% to 71%.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus rating in the data is Buy, while the 52-week range extends from $64.90 to $169.63 and the market capitalization is $3.4 billion. The wide range reflects strong repricing linked to higher earnings and average assets under management, but it also highlights the valuation's sensitivity to the sharp correction in precious metals and the redemptions that emerged in Q2 of fiscal year 2026.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Sprott generates its revenue primarily by managing exchange-listed products, managed equities, and private strategies focused on precious metals and critical materials. Fees for many of these products are linked to the amount of assets under management, while some ETFs use unified fees that provide investors with a fixed cost. Private strategies may also benefit from carried interest and performance fees when realized, as occurred with the crystallization of carried interest in Q1 of fiscal year 2026.
Assets under management declined from $65.1 billion on March 31, 2026 to $55.6 billion at the end of the quarter, a decrease of 15%. The decline followed a 14.1% drop in gold and a 22% drop in silver, in addition to net redemptions of $0.4 billion concentrated in physical precious metals trusts. Assets in physical trusts alone declined by $8.2 billion, or 16%, during the quarter.
The Sprott Rare Earths ETF Ex-China, ticker REXC, gives investors specialized exposure to rare earth elements without Chinese equities. The fund reached $50 million in assets in only 32 trading days, faster than the company's previous launches reached the same level. Management believes that the product's differentiation and the timing of its launch amid government and investor interest in reshoring supply chains contributed to the rapid accumulation of assets.
Yes, net income reached $34.3 million in Q2 of fiscal year 2026, up from $13.5 million in the corresponding period. Adjusted earnings before interest, taxes, depreciation, and amortization reached $50.8 million, compared with $25.5 million. Average assets under management of $63.9 billion, up 70% year over year, helped offset a significant portion of the impact of lower metals prices at the end of the quarter.
The company focuses on uranium, copper, and rare earth elements within its critical materials products. These products generated positive net inflows in Q2 of fiscal year 2026, while the uranium fund recorded positive sales despite redemptions in precious metals products. Assets in private strategies also reached $2 billion on June 30, 2026, and fundraising is underway for the fourth private lending fund, which is expected to close during 2027.
The most significant risk is the link between fees and earnings and the level of assets under management and metals prices. During Q2 of fiscal year 2026, the correction in gold and silver and redemptions reduced assets under management by $9.5 billion over three months. The legacy gold and silver fund increases this risk because it combines both metals and typically trades at a wider discount, making it more vulnerable to redemption requests, according to management.
