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SPPP : Sprott Physical Platinum and Palladium Trust Stock Profile

SPPP : Sprott Physical Platinum and Palladium Trust Stock Profile

Last Updated: 3/12/2024 0:47:16

Sprott Physical Platinum and Palladium Trust trades with the ticker SPPP on the TSX and is in the Asset Management industry.

Overview
Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.
 

Looking to invest in Sprott Physical Platinum and Palladium Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

SPPP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $133.584MM

PE Ratio: 1.82

Price: 9.78 (Updated: 3/12/2024 0:47:16)



Sprott Physical Platinum and Palladium Trust (SPPP) vs Competitors in Asset Management

Lets see how SPPP.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • Sprott Physical Platinum and Palladium Trust (SPPP) vs Aberdeen International Inc (AAB)
    • SPPP has higher EPS (7.04 vs -0.12). AAB has a P/E under 0, indicating SPPP (P/E 1.82) is in a better position.
  • Sprott Physical Platinum and Palladium Trust (SPPP) vs AGF Management Limited (AGF-B)
    • SPPP has higher EPS (7.04 vs 1.3). AGF-B provides dividends, while SPPP does not. AGF-B has a higher P/E ratio (6.238 vs 1.82) indicating it’s more expensive.
  • Sprott Physical Platinum and Palladium Trust (SPPP) vs Aimia Inc (AIM)
    • SPPP has higher EPS (7.04 vs -1.8). AIM has a P/E under 0, indicating SPPP (P/E 1.82) is in a better position.
  • Sprott Physical Platinum and Palladium Trust (SPPP) vs Brookfield Asset Management Inc (BAM-A)
    • SPPP has higher EPS (7.04 vs 2.84). BAM-A provides dividends, while SPPP does not. BAM-A has a higher P/E ratio (20.732 vs 1.82) indicating it’s more expensive.
  • Sprott Physical Platinum and Palladium Trust (SPPP) vs Canadian Banc Corp (BK)
    • SPPP has higher EPS (7.04 vs -1.81). BK provides dividends, while SPPP does not. BK has a P/E under 0, indicating SPPP (P/E 1.82) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (1.82) than the industry average (9.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.00) than the industry average (2.01), indicating attractive valuation.
 

How to Buy SPPP stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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