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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#3501
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Trading
$163M
John A. Ciampaglia
N/A
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | 15.7% | 12.8% | 48.9% | 37.0% | 28.8% | 14.9% | 2.5% | 0.0x | $1.1B | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | 13.2% | 1.4% | 100.0% | 97.0% | 23.8% | 11.8% | 2.7% | 5.0x | $21.5B | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | 9.9% | 0.6% | 84.5% | 70.0% | 7.3% | 14.9% | 0.0% | 923.0x | $18.3B | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | 17.3% | 17.7% | 100.0% | 100.0% | 100.0% | 1643.8% | 0.0% | 0.0x | $5.0B | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | 12.6% | 0.9% | 32.0% | 31.3% | 7.9% | -12.9% | 4.3% | 24.0x | $37.8B | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | 22.5% | 22.8% | 101.8% | 100.0% | 100.0% | 138.9% | 0.0% | 0.0x | $8.4B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | 8.8% | 5.8% | 98.7% | 75.7% | 88.5% | 17.6% | 4.3% | 34.0x | $2.2B | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 27.1% | 100.0% | 98.9% | 459.9% | 333.4% | 0.0% | 0.0x | $43.7B | VS | |
$SPPP SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST | 40 | 14 | 6 | 93 | - | - | -50.7% | -55.7% | - | - | - | 35.4% | 0.0% | 0.0x | $163M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 8.9% | 1.2% | 76.5% | 17.0% | 21.5% | 10.8% | 1.9% | 0.5x | - | REF |
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) receives a "Reduce" rating with a composite score of 40.3/100. It ranks #3501 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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YOY expansion rate
Equity capital efficiency
Asset base utilization
Financial leverage load
Direct cash return
John A. Ciampaglia
Chief Executive Officer
14
16
37
Audit Verdict: Lower quality and stability scores may indicate governance concerns.
No recent insider transactions available for SPPP
Outperforming peers — winners tend to keep winning over 3-12 months
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for SPPP.
View All RatingsMaterial decline in asset turnover efficiency detected
ROE proxy -50.7% (sector 8.9%)
GM N/A vs sector 77%, OM N/A vs sector 17%
Capital turnover N/A
Rev growth 35%, 8yr history
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST receives a Reduce rating from our analysis, with a composite score of 40.3/100 and 2 out of 5 stars, ranking #3501 out of 7,333 stocks. SPPP's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST registers a weak quality score of just 14/100, indicating significant profitability challenges. The company reports a return on equity of -50.7% (sector avg: 8.9%). Low quality scores are often associated with businesses in turnaround mode, early-stage growth, or structurally challenged industries.
SPPP registers a value score of just 6/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/B ratio of 3.33x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's investment score of 16/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 35.4% vs. a sector average of 10.8% and a return on assets of -55.7% (sector: 1.2%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) is exhibiting exceptional momentum with a score of 93/100, placing it among the strongest trending stocks in the market. Revenue growth stands at 35.4% year-over-year, while a beta of 0.31 reflects its sensitivity to broader market moves. Stocks with momentum scores this high have historically outperformed over the following 3–12 months, suggesting SPPP may continue to benefit from strong institutional interest and positive price trends.
SPPP's stability score of 37/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 0.31 and a debt-to-equity ratio of 0.00x (sector avg: 0.5x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
SPPP's short interest factor score of 80/100 indicates very low short selling activity relative to peers — a positive signal suggesting institutional investors see limited near-term downside. Specific risk factors include micro-cap liquidity risk. As a micro-cap company with a market capitalization of $163M, SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST benefits from the generally lower volatility and deeper liquidity associated with its size class.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST is a micro-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #3501 of 7,333 overall (52nd percentile). Key comparisons include ROE of -50.7% trailing the 8.9% sector median. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While SPPP currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
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Improvement in Value (6) would have the largest impact on the composite score.
ROE 668% BELOW SECTOR MEDIAN
Debt/Equity 100% BELOW SECTOR MEDIAN (FAVORABLE)
Div. Yield 100% BELOW SECTOR MEDIAN
AUDIT DATA AS OF DEC 31, 2024 (Q3 FY2024)
We rate SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) as a Reduce with a composite score of 40.3/100 at a current price of $17.86. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential and elevated risk of underperformance relative to peers over the next 12 months.
The rating is primarily driven by strength in momentum (93th percentile) and stability (37th percentile), which together account for the majority of the composite score. Offsetting weakness in value (6th percentile) and quality (14th percentile) tempers our overall conviction. We assign a No Moat rating (32/100), Medium uncertainty, and Poor capital allocation.
Key items to watch: sustainability of the current growth rate; valuation compression risk if growth disappoints. Any material change in these dynamics could warrant a reassessment of our rating. The moat trend is stable, which suggests the competitive landscape is stable for now.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 40.3/100 places it at rank #3501 in our full 7,333-stock universe. At $163M in market capitalization, SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST is a small-cap player in the Finance, Insurance, And Real Estate space, which limits certain scale advantages but may allow for more agile strategic execution.
The near-term outlook is constructive, with revenue growing at 35% and momentum in the 93th percentile confirming positive market sentiment and institutional accumulation. The combination of strong top-line growth and favorable price dynamics suggests the company is executing well on its growth strategy. Investment factor at the 16th percentile indicates reinvestment patterns that investors should monitor for sustainability.
Margin data is not available for SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST, which limits our assessment of the company's cost structure and operating efficiency. We rely on factor-based signals to infer business quality in the absence of detailed margin data.
At a current price of $17.86, SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST is trading at a premium to fundamental value. Our value factor score of 6/100 reflects a composite assessment across multiple valuation metrics including price-to-earnings, price-to-book, EV/EBITDA, and price-to-sales ratios relative to both sector peers and the broader market. The premium valuation implies the market is pricing in significant future growth or quality improvements that are not yet fully reflected in current fundamentals.
The stock currently trades at P/B of 3.3x. We evaluate these multiples in the context of both absolute levels and sector-relative positioning to form our valuation view.
Revenue growth of 35% confirms the business is expanding its addressable market — growth at this level typically supports multiple expansion and attracts institutional capital.
A conservative balance sheet (0% D/E) provides financial flexibility for acquisitions, buybacks, or weathering economic downturns without dilution.
Positive momentum (93th percentile) indicates institutional accumulation and favorable technical dynamics that tend to persist in the intermediate term.
The Reduce rating (composite 40.3/100) reflects multi-factor weakness, and historically, stocks in this scoring range have underperformed the market by a meaningful margin.
Below-average quality (14th percentile) raises durability concerns about the fundamental profile and increases the risk of negative earnings surprises.
We assign a Medium uncertainty rating to SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST. The stock presents a balanced risk profile: below-average price stability (37th percentile) and weak quality scores (14th percentile). While not risk-free, the core business fundamentals are adequate to withstand moderate economic stress, and the range of potential outcomes around our fair value estimate is manageable.
Specific risk factors that inform our assessment include: below-average price stability (37th percentile); weak quality scores (14th percentile); low beta of 0.31 — while defensive, this may indicate limited upside participation in bull markets. Each of these factors independently widens the distribution of potential outcomes, and in combination they create a risk profile that demands careful position sizing. The stability factor at the 37th percentile and quality factor at the 14th percentile provide a quantitative summary of the overall risk landscape.
Key risk mitigants include: conservative leverage (0% D/E) limits balance sheet risk. These factors partially offset the identified risks and provide downside protection in adverse scenarios. On balance, the risk-reward profile is favorable for long-term investors.
We rate SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's capital allocation as Poor. Key concerns include low returns on equity (-50.7%), weak asset returns (ROA -55.7%). Exemplary capital allocators generate ROE above 20% and maintain conservative leverage — SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST significantly underperforms these benchmarks, raising questions about management's ability to create shareholder value.
Investors should scrutinize management's reinvestment decisions and balance sheet trajectory before committing capital. Poor capital allocation often compounds over time: overlevered balance sheets limit strategic flexibility, while low returns on capital destroy shareholder value. We would need to see sustained improvement in profitability metrics and balance sheet discipline before considering an upgrade.
In summary, SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST receives a Reduce rating with a composite score of 40.3/100 (rank #3501 of 7,333). Our quantitative framework assigns a No Moat (32/100, trend: stable), Medium uncertainty, and Poor capital allocation. The average factor score across quality, value, momentum, stability, and investment is 33/100.
Our analysis does not support a constructive view on SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST at this time. The combination of limited competitive advantages, medium uncertainty, and poor capital allocation suggests unfavorable risk-reward at current levels. We recommend investors avoid new positions and existing holders consider reducing exposure.
Analysis derived from Blank Capital Research quantitative terminal. For informational purposes only. No trade solicitation. Past performance not indicative of future results. Consult a qualified advisor.
We do not assign SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST a meaningful economic moat, scoring 32/100 on our composite assessment. Current fundamentals do not demonstrate the kind of durable competitive advantages — such as superior returns on invested capital, margin superiority, or reinvestment efficiency — that would protect the company from competitive erosion over the long term. The highest-scoring pillar, margin superiority, reached only 12.5/20.
The strongest moat sources are margin superiority (12.5/20) and growth durability (9.5/20). GM N/A vs sector 77%, OM N/A vs sector 17%. Rev growth 35%, 8yr history. These pillars form the core of SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's competitive identity and are the primary drivers of excess returns in our framework.
Areas of relative weakness include economic value creation (0/20) and reinvestment efficiency (0/20). ROE proxy -50.7% (sector 8.9%). Improvement in these areas could meaningfully widen the moat over time, while deterioration would be an early warning of competitive erosion.
Our moat trend assessment is Stable. Multi-year ROIC and operating margin trajectories show neither meaningful improvement nor deterioration, suggesting the competitive position is steady. We expect SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's moat profile to remain largely unchanged absent a material shift in return on capital or industry dynamics.
Key profit drivers include robust top-line growth of 35% expanding the revenue base. Our analysis indicates that profit quality raises some durability concerns, with the quality factor at the 14th percentile.
Return metrics include ROE of -50.7% and ROA of -55.7%. Relative to the Finance, Insurance, And Real Estate sector, sector comparison data is limited, and ROE of -50.7% compares to a sector median of 8.9%.
The balance sheet reflects a conservatively managed balance sheet with D/E of 0%, revenue growth of 35%. The sector median D/E is 0%, putting SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST in a relatively stronger balance sheet position. Overall balance sheet health is adequate for the current business environment.
Elevated short interest (80th percentile) indicates that sophisticated market participants are betting against the stock.
Above 50MA
37.18%
Net New Highs
+51081
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