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Sprott Physical Gold and Silver TrustCEF -0.71%52 Net Cash per Share is $0.14 as of Mar. 2026, which is 100% below its 10-year median of 830.94. GuruFocus rates CEF with a GF Score™ of 52/100 and a GF Value™ of $125.66 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 463 Asset Management companies, Sprott Physical Gold and Silver Trust ranks worse than 98.06% on this metric.
CEF'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 68.58 Med: 830.94 Max: 3419
Current: 318.29
During the past 13 years, the highest Price-to-Net-Cash Ratio of Sprott Physical Gold and Silver Trust was 3419.00. The lowest was 68.58. And the median was 830.94.
CEF's Price-to-Net-Cash is ranked worse than 98.06% of 463
companies
in the Asset Management industry
Industry Median: 6.04
vs CEF: 318.29
Sprott Physical Gold and Silver Trust (ARCA:CEF) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Sprott Physical Gold and Silver Trust Net Cash per Share Related Terms
Sprott Physical Gold and Silver Trust Net Cash per Share Historical Data
* 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 Gold and Silver Trust Net Cash per Share Chart
CEF vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, Sprott Physical Gold and Silver Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Gold and Silver Trust Price-to-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sprott Physical Gold and Silver Trust's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Sprott Physical Gold and Silver Trust's Price-to-Net-Cash falls into.
Sprott Physical Gold and Silver Trust Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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 Gold and Silver Trust (CEF) has a Net Cash per Share of $0.14 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sprott Physical Gold and Silver Trust and its competitors. This is 100% below median its historical median of 830.94. Over the past decade, Sprott Physical Gold and Silver Trust's Net Cash per Share has ranged from 68.58 to 3,419.00. According to the industry distribution chart, Sprott Physical Gold and Silver Trust ranks #454 out of 463 companies in the Asset Management industry, placing it in the top 98.1%.
Is Sprott Physical Gold and Silver Trust's Net Cash per Share too high?
Sprott Physical Gold and Silver Trust's current Net Cash per Share of $0.14 is 100% below median its 10-year median of 830.94. Over the past 10 years, this metric has ranged from a low of 68.58 to a high of 3,419.00. The Asset Management industry median Net Cash per Share is 6.04. Sprott Physical Gold and Silver Trust's value of $0.14 is 97.7% below this industry median. Based on the distribution chart, Sprott Physical Gold and Silver Trust ranks #454 out of 463 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sprott Physical Gold and Silver Trust has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Gold and Silver Trust's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Sprott Physical Gold and Silver Trust ranks #454 out of 463 companies for Net Cash per Share. This places Sprott Physical Gold and Silver Trust in the lower half of its industry. The industry median Net Cash per Share is 6.04. Sprott Physical Gold and Silver Trust's value of $0.14 is 97.7% below this benchmark. Historically, Sprott Physical Gold and Silver Trust's own Net Cash per Share has ranged from 68.58 to 3,419.00 over the past decade. While the company's 10-year median is 830.94 vs. the industry median of 6.04, Sprott Physical Gold and Silver Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.04, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sprott Physical Gold and Silver Trust's current Net Cash per Share of $0.14 is 97.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sprott Physical Gold and Silver Trust and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprott Physical Gold and Silver Trust's current Net Cash per Share is $0.14, which is 100% below median its own 10-year median of 830.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Gold and Silver Trust stock overvalued right now?
Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust (CEF) is currently considered Significantly Undervalued. The stock's GF Value™ is $125.66, compared to a current price of $44.56 — trading 64.5% below its estimated fair value. The current Net Cash per Share is $0.14, which is 100% below median its 10-year median of 830.94 and 97.7% below the Asset Management industry median of 6.04. Sprott Physical Gold and Silver Trust's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Sprott Physical Gold and Silver Trust (CEF), the current Net Cash per Share is $0.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sprott Physical Gold and Silver Trust (CEF) Overvalued in 2026?
Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust stock appears to be undervalued.
The current stock price of $44.56 is trading 64.5% below its estimated GF Value™ of $125.66.
GuruFocus considers Sprott Physical Gold and Silver Trust to be Significantly Undervalued.
Key valuation signals for CEF:
Net Cash per Share: $0.14 (100% below median its 10-year median of 830.94)
GF Value™: $125.66 vs. price of $44.56 (64.5% below fair value)
Industry Position: 97.7% below the Asset Management median (#454 of 463)
No single metric tells the full story. See the CEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sprott Physical Gold and Silver Trust is a closed end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment. Its objective is to invest in long-term holdings of unencumbered, fully allocated, physical gold and silver bullion and does not speculate with regard to short-term changes in bullion prices.
52GF Score
Get the complete analysis for CEF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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