Sprott Inc Dossier
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SectorFinancials IndustryAsset Management Beta (adjusted)1.27 Intrinsic Value $65.16median of 2 methodsbased on filings through 31 Dec 2025 Market Price $115.67Price as of 1 Oct 2026 OvervaluedIntrinsic value is 44% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $3B Enterprise Value $2.9B Shares Outstanding 25.7M diluted Next Earnings Date30 Oct 2026 Last ex-dividend17 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Sprott Inc. is a premier global asset manager uniquely positioned to capitalize on the secular bull markets in precious metals and critical materials. The company's business model exhibits high operational leverage, where rising commodity prices directly amplify fee-based assets under management (AUM) and bottom-line earnings without a corresponding increase in fixed costs. With gold and silver maintaining strong structural support from global debt cycles and central bank buying, and critical materials like uranium and copper benefiting from energy transition and AI infrastructure demands, Sprott is poised for sustained long-term growth. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$160.00 Mean target$160.00 High · most bullish analyst$160.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $160.0015% A sharp macroeconomic slowdown or monetary tightening by central banks leads to a significant correction in precious metals and critical materials prices. Outflows from physical trusts and a decline in transaction-based commission revenues compress operating margins due to negative operational leverage. Base CaseCentral scenario $160.0050% Matches the consensus meanPrecious metals and critical materials prices remain elevated near current levels with moderate volatility. Sprott continues to steadily grow its ETF and physical trust franchises, supported by consistent net inflows (particularly in critical materials) and successful fundraising for Lending Fund IV, maintaining strong operating margins and high-margin fee growth. Bull CaseUpside scenario $160.0035% Sustained commodity supercycle driven by accelerating global debt debasement, aggressive central bank gold accumulation, and explosive demand for uranium and copper to power AI data centers. This environment drives massive retail and institutional inflows into Sprott's physical trusts and specialized ETFs, pushing AUM past $80 billion and triggering substantial performance fees in private strategies. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |