GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) » Definitions » Enterprise Value

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Enterprise Value : $102.38 Mil (As of May. 01, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Sprott Physical Platinum & Palladium Tr Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sprott Physical Platinum & Palladium Tr's Enterprise Value is $102.38 Mil. Sprott Physical Platinum & Palladium Tr's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $-35.38 Mil. Therefore, Sprott Physical Platinum & Palladium Tr's EV-to-Revenue ratio for today is -2.89.


Sprott Physical Platinum & Palladium Tr Enterprise Value Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sprott Physical Platinum & Palladium Tr Enterprise Value Chart

Sprott Physical Platinum & Palladium Tr Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.95 120.87 129.25 128.57 111.28

Sprott Physical Platinum & Palladium Tr Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.57 120.18 113.99 115.23 111.28

Competitive Comparison of Sprott Physical Platinum & Palladium Tr's Enterprise Value

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sprott Physical Platinum & Palladium Tr's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Enterprise Value falls into.



Sprott Physical Platinum & Palladium Tr Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Sprott Physical Platinum & Palladium Tr's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Sprott Physical Platinum & Palladium Tr's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sprott Physical Platinum & Palladium Tr  (TSX:SPPP.U) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Sprott Physical Platinum & Palladium Tr's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=102.381/-35.375
=-2.89

Sprott Physical Platinum & Palladium Tr's current Enterprise Value is $102.38 Mil.
Sprott Physical Platinum & Palladium Tr's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.38 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sprott Physical Platinum & Palladium Tr Enterprise Value Related Terms

Thank you for viewing the detailed overview of Sprott Physical Platinum & Palladium Tr's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Headlines

No Headlines