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Sprott (SII) AI Stock Analysis
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Sprott
(TSX:SII)
The score is driven primarily by strong financial performance (high profitability, debt-free balance sheet, and high-quality cash flow). Offsetting factors are a mixed technical picture (negative MACD and price below the 100DMA) and a relatively rich valuation (P/E ~28.9 with a ~1.26% yield). Earnings call commentary was supportive on margins and product traction, but highlighted near-term AUM sensitivity to precious-metals market swings and outflows.
Sprott (SII) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 2.60B
- Dividend Yield
- 1.56%
- Average Volume (3M)
- 54.81K
- Price to Earnings (P/E)
- 24.9
- Beta (1Y)
- 1.66
- Revenue Growth
- 102.07%
- EPS Growth
- 109.00%
- Country
- Canada
- Employees
- 131
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
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 of...
How the Company Makes Money
Sprott primarily makes money by earning fees for managing client assets and administering investment products. A major revenue stream is management fees from its exchange-listed physical commodity trusts and other investment vehicles; these fees are...
Sprott Earnings Call Summary
Despite a sharp, market-driven pullback in precious metals that caused meaningful AUM declines and redemptions in physical trusts, the company showed strong underlying financial momentum: substantial year‑over‑year average AUM growth, rising net income and adjusted EBITDA, widening margins, debt-free liquidity and rapid scaling of new ETF products (notably REXC). Critical materials and uranium were clear bright spots. Given the balance of durable operational and profitability gains against cyclical market headwinds, management frames the metals weakness as short-term and retains confidence in long-term secular demand.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management provided limited numeric forward guidance but outlined expectations and targets: they expect to close the fourth private lending fund in 2027 and continue opportunistic NCIB buybacks (more aggressive at lower prices); current AUM is $55.6B (down $9.5B Q/Q and 15% from $65.1B), average AUM was $63.9B for the quarter (up 70% YoY) and $66.6B YTD (up 88% YoY), with $0.4B net redemptions in Q2 and an $8.2B (16%) drop in physical trusts; ETF AUM fell ~10% while new ETF REXC hit $50M in 32 trading days (many funds breakeven near $25M); Q2 net income was $34.3M ($63.5M YTD), adjusted EBITDA was $50.8M for the quarter and $108.7M YTD with adjusted EBITDA margins expanding from 53% to 71%; Private Strategies AUM is $2B, the firm is debt-free with strong liquidity, and management expects secular upside for critical materials and further scaling benefits to drive profitability.
Sprott Financial Statement Overview
Summary
Strong overall fundamentals supported by high profitability (TTM net margin ~26.7%, EBIT margin ~36.7%), an exceptionally conservative balance sheet (no debt, rising equity, improving ROE ~28.4% TTM), and solid cash conversion (FCF ~0.99x net income). The key drawback is uneven multi-year revenue/margin variability consistent with market sensitivity.
Income Statement
86Very PositiveBalance Sheet
92Very PositiveCash Flow
88Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 394.78M | 295.12M | 168.35M | 146.30M | 154.27M | 164.94M |
| Gross Profit | 303.51M | 269.82M | 80.82M | 64.17M | 66.62M | 78.48M |
| EBITDA | 147.72M | 95.66M | 74.32M | 57.19M | 31.36M | 50.90M |
| Net Income | 105.32M | 68.52M | 49.29M | 41.80M | 17.63M | 33.19M |
Balance Sheet | ||||||
| Total Assets | 515.76M | 524.82M | 388.80M | 378.83M | 383.75M | 365.87M |
| Cash, Cash Equivalents and Short-Term Investments | 190.50M | 123.86M | 47.06M | 22.89M | 55.03M | 55.94M |
| Total Debt | 0 | 1.49M | 0 | 24.24M | 54.44M | 29.77M |
| Total Liabilities | 123.58M | 158.25M | 65.15M | 73.13M | 106.48M | 74.65M |
| Stockholders Equity | 392.18M | 366.58M | 323.65M | 305.70M | 277.27M | 291.22M |
Cash Flow | ||||||
| Free Cash Flow | 139.59M | 95.84M | 67.28M | 28.33M | 32.37M | 50.55M |
| Operating Cash Flow | 141.65M | 97.69M | 69.15M | 29.86M | 32.50M | 51.25M |
| Investing Cash Flow | 25.16M | 9.32M | 24.52M | 4.61M | -23.49M | -20.63M |
| Financing Cash Flow | -47.48M | -33.26M | -57.17M | -63.46M | -3.90M | -24.19M |
Sprott Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SII, the sentiment is Negative. The current price of 141.67 is below the 20-day moving average (MA) of 155.77, below the 50-day MA of 169.58, and below the 200-day MA of 175.26, indicating a bearish trend. The MACD of -6.45 indicates Positive momentum. The RSI at 28.32 is Positive, neither overbought nor oversold. The STOCH value of 37.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SII.
Sprott Peers Comparison
Overall Rating
TSE:IGM81Outperform- TSE:SII79Outperform
TSE:BAM76Outperform
TSE:AGF.B73Outperform
TSE:ONEX71Outperform
TSE:FSZ47Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:IGM | 81Outperform | CAD 18.85B | 16.53 | 12.91% | 2.95% | 19.92% | 20.90% |
| TSE:SII | 79Outperform | CAD 3.65B | 24.85 | 28.39% | 1.56% | 102.07% | 109.00% |
| TSE:BAM | 76Outperform | CAD 110.53B | 28.14 | 34.28% | 3.98% | 129.18% | 15.58% |
| TSE:AGF.B | 73Outperform | CAD 931.71M | 6.69 | 11.46% | 3.62% | 12.19% | 26.48% |
| TSE:ONEX | 71Outperform | CAD 8.01B | 11.21 | 5.25% | 0.38% | 1.85% | -9.67% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| TSE:FSZ | 47Neutral | CAD 298.73M | 15.39 | 7.95% | 15.32% | -1.48% | -47.10% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SII | Sprott Inc | 141.67 | 28.06 | 24.70% | |
| TSE:IGM | IGM Financial | 82.15 | 29.28 | 55.38% | |
| TSE:AGF.B | Agf Management B Nv | 14.65 | 1.00 | 7.31% | |
| TSE:FSZ | Fiera Capital A | 2.82 | -3.02 | -51.75% | |
| TSE:ONEX | ONEX Corporation | 104.94 | -14.69 | -12.28% | |
| TSE:BAM | Brookfield Asset Management Ltd. Class A | 67.47 | -6.06 | -8.25% |
Sprott Corporate Events
Sprott Sets November 4 Date for 2026 Q3 Results and Earnings Webcast
PositiveSprott Inc. said it will release its 2026 third-quarter results on November 4, 2026, at 7:00 a.m. ET and will hold an earnings webcast at 10:00 a.m. ET the same day, led by CEO Whitney George, CFO and Co-COO Kevin Hibbert and Sprott Asset Management...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 10, 2026