# SPROTT PHYSICAL PLATINUM PALLAD (SPPP-U.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services. Price $14.86, market value $425 million.

## Valuation
- **Price / sales: 13.1×**. Each dollar of revenue is priced at 13.1×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -14.8%** (5-yr avg -0.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Net margin: 99.4%**. 99.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 37.6%**. 37.6% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 3.9%**. Each dollar of assets produces 3.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 1391.5%**. Revenue grew 1391.5% over the last year.
- **EPS growth (1 yr): 708.4%**. Earnings per share rose 708.4%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. SPROTT PHYSICAL PLATINUM PALLAD does not currently pay a dividend, but it returned -47.1% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 19.7%** (YTD -12.3%, 3-mo 4.2%). The shares are up 19.7% over twelve months including dividends.
- **From 52-week high: -37.3%** (21.8% above the low). Trading 37% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 74**. An RSI of 74 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 1.02** (volatility 47%). Beta of 1.02 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SPPP-U.TO · Page: https://foliofundamentals.com/stocks/sppp-u.to

Not investment advice.