Sprott Physical Silver Trust
Sprott Physical Silver Trust Fundamental Analysis
Sprott Physical Silver Trust (PSLV) shows moderate financial fundamentals with a PE ratio of 2.01, profit margin of 9.15%, and ROE of 94.44%. The company generates $1.0B in annual revenue with weak year-over-year growth of -1.00%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -47.9/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze PSLV's fundamental strength across five key dimensions:
Efficiency Score
ExcellentPSLV demonstrates superior asset utilization.
Valuation Score
ExcellentPSLV trades at attractive valuation levels.
Growth Score
WeakPSLV faces weak or negative growth trends.
Financial Health Score
ExcellentPSLV maintains a strong and stable balance sheet.
Profitability Score
ModeratePSLV maintains healthy but balanced margins.
Key Financial Metrics
Is PSLV Expensive or Cheap?
P/E Ratio
PSLV trades at 2.01 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, PSLV's PEG of 0.00 indicates potential undervaluation.
Price to Book
The market values Sprott Physical Silver Trust at 1.13 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.11 times EBITDA. This is generally considered low.
How Well Does PSLV Make Money?
Net Profit Margin
For every $100 in sales, Sprott Physical Silver Trust keeps $9.15 as profit after all expenses.
Operating Margin
Core operations generate 9.15 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $94.44 in profit for every $100 of shareholder equity.
ROA
Sprott Physical Silver Trust generates $55.42 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Sprott Physical Silver Trust produces operating cash flow of $151.41M, showing steady but balanced cash generation.
Free Cash Flow
Sprott Physical Silver Trust generates strong free cash flow of $151.41M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.24 in free cash annually.
FCF Yield
PSLV converts 0.82% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
2.01
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.003
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.13
vs 25 benchmark
P/S Ratio
Price to sales ratio
19.10
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.00
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.05
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.94
vs 25 benchmark
ROA
Return on assets percentage
0.55
vs 25 benchmark
ROCE
Return on capital employed
0.56
vs 25 benchmark
How PSLV Stacks Against Its Sector Peers
| Metric | PSLV Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 2.01 | 19.07 | Better (Cheaper) |
| ROE | 94.44% | 805.00% | Weak |
| Net Margin | 914.70% | 1633.00% | Weak |
| Debt/Equity | 0.00 | 0.96 | Strong (Low Leverage) |
| Current Ratio | 1.05 | 579.15 | Neutral |
| ROA | 55.42% | -23911.00% (disorted) | Strong |
PSLV outperforms its industry in 3 out of 6 key metrics, particularly excelling in ROA, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Sprott Physical Silver Trust's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-100.14%
Industry Style: Value, Dividend, Cyclical
DecliningEPS CAGR
348.62%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
632.97%
Industry Style: Value, Dividend, Cyclical
High Growth