Sprott Physical Platinum Etf Shares Outstanding
| SPPP Etf | USD 9.54 0.12 1.24% |
Sprott Physical Platinum fundamentals help investors to digest information that contributes to Sprott Physical's financial success or failures. It also enables traders to predict the movement of Sprott Etf. The fundamental analysis module provides a way to measure Sprott Physical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sprott Physical etf.
Sprott |
Sprott Physical Platinum ETF Shares Outstanding Analysis
Sprott Physical's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Sprott Physical Shares Outstanding | 8.78 M |
Most of Sprott Physical's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Physical Platinum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Sprott Physical Platinum has 8.78 M of shares currently outstending. This is much higher than that of the UBS family and significantly higher than that of the Sector category. The shares outstanding for all United States etfs is notably lower than that of the firm.
Sprott Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprott Physical's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Sprott Physical could also be used in its relative valuation, which is a method of valuing Sprott Physical by comparing valuation metrics of similar companies.Sprott Physical is currently under evaluation in shares outstanding as compared to similar ETFs.
Sprott Fundamentals
| Return On Asset | -0.32 | |||
| Current Valuation | 146.6 M | |||
| Shares Outstanding | 8.78 M | |||
| Shares Owned By Institutions | 19.49 % | |||
| Number Of Shares Shorted | 2.08 K | |||
| Price To Earning | (2.47) X | |||
| Price To Book | 1.52 X | |||
| Price To Sales | (2.55) X | |||
| Revenue | (46.93 M) | |||
| Gross Profit | (46.93 M) | |||
| EBITDA | (48.45 M) | |||
| Net Income | (48.45 M) | |||
| Cash And Equivalents | 668.32 K | |||
| Cash Per Share | (0.07) X | |||
| Total Debt | 37.03 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 395.26 X | |||
| Cash Flow From Operations | (1.45 M) | |||
| Short Ratio | 0.04 X | |||
| Earnings Per Share | (2.49) X | |||
| Beta | -0.26 | |||
| Market Capitalization | 122.34 M | |||
| Total Asset | 96.47 M | |||
| Retained Earnings | (41.73 M) | |||
| Working Capital | 96.23 M | |||
| Current Asset | 96.47 M | |||
| Current Liabilities | 244.08 K | |||
| One Year Return | (26.70) % | |||
| Three Year Return | 4.90 % | |||
| Five Year Return | 9.60 % |
About Sprott Physical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprott Physical Platinum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprott Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprott Physical Platinum based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Sprott Physical Platinum is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sprott Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sprott Physical Platinum Etf. Highlighted below are key reports to facilitate an investment decision about Sprott Physical Platinum Etf:Check out Sprott Physical Piotroski F Score and Sprott Physical Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Sprott Physical Platinum 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.