Sprott Physical Valuation
| PHYS Etf | USD 20.84 0.27 1.31% |
At this time, the etf appears to be overvalued. Sprott Physical Gold has a current Real Value of $19.53 per share. The regular price of the etf is $20.84. Our model measures the value of Sprott Physical Gold from inspecting the etf fundamentals such as Price To Sales of 3.50 X, price to earning of (8.39) X, and Shares Outstanding of 397.02 M as well as reviewing its technical indicators and probability of bankruptcy.
Price Book 0.9942 | Price Sales 3.4984 | Trailing PE 3.3721 | Enterprise Value Revenue 3.4984 |
Overvalued
Today
Please note that Sprott Physical's price fluctuation is very steady at this time. Calculation of the real value of Sprott Physical Gold is based on 3 months time horizon. Increasing Sprott Physical's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Sprott etf is determined by what a typical buyer is willing to pay for full or partial control of Sprott Physical Gold. Since Sprott Physical is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Etf. However, Sprott Physical's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.84 | Real 19.53 | Hype 20.57 | Naive 20.49 |
The intrinsic value of Sprott Physical's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sprott Physical's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Sprott Physical Gold helps investors to forecast how Sprott etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sprott Physical more accurately as focusing exclusively on Sprott Physical's fundamentals will not take into account other important factors: Sprott Physical Total Value Analysis
Sprott Physical Gold is at this time anticipated to have valuation of 0 with market capitalization of 8.57 B, debt of 126 K, and cash on hands of 598.32 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Sprott Physical fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 8.57 B | 126 K | 598.32 K |
Sprott Physical Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of Sprott implies not a very effective usage of assets in November.Sprott Physical Ownership Allocation
Sprott Physical Gold shows a total of 397.02 Million outstanding shares. About 73.13 % of Sprott Physical outstanding shares are held by general public with 26.87 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the etf is less than the current market value, you may not be able to make money on it.Sprott Physical Profitability Analysis
The company reported the previous year's revenue of 727.25 M. Net Income was 723.52 M with profit before overhead, payroll, taxes, and interest of 0.About Sprott Physical Valuation
The etf valuation mechanism determines Sprott Physical's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Sprott Physical Gold based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sprott Physical. We calculate exposure to Sprott Physical's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Sprott Physical's related companies.Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical is listed under Asset Management in the United States and is traded on NYSEARCA Exchange exchange.
Sprott Physical Growth Indicators
Investing in growth stocks can be very risky. If the company such as Sprott Physical does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 400.2 M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Sprott Physical Gold is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Physical's value that differs from its market value or its book value, called intrinsic value, which is Sprott Physical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott Physical's market value can be influenced by many factors that don't directly affect Sprott Physical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Physical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.