SPPP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.13 Med: 8.07 Max: 61.43
Current: 44.25
During the past 13 years, Sprott Physical Platinum & Palladium Tr's highest Return-on-Tangible-Equity was 61.43%. The lowest was -28.13%. And the median was 8.07%.
SPPP's Return-on-Tangible-Equity is ranked better than 92.69% of 1587
companies
in the Asset Management industry
Industry Median: 7.18
vs SPPP: 44.25
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sprott Physical Platinum & Palladium Tr Return-on-Tangible-Equity Related Terms
Sprott Physical Platinum & Palladium Tr Return-on-Tangible-Equity 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.
SPPP vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -27.33% mean?
Sprott Physical Platinum & Palladium Tr (SPPP) has a Return-on-Tangible-Equity of -27.33% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sprott Physical Platinum & Palladium Tr and its competitors. According to the industry distribution chart, Sprott Physical Platinum & Palladium Tr ranks #116 out of 1587 companies in the Asset Management industry, placing it in the top 7.3%.
Is Sprott Physical Platinum & Palladium Tr's Return-on-Tangible-Equity too high?
Sprott Physical Platinum & Palladium Tr's current Return-on-Tangible-Equity is -27.33%. Based on the distribution chart, Sprott Physical Platinum & Palladium Tr ranks #116 out of 1587 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Sprott Physical Platinum & Palladium Tr has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Platinum & Palladium Tr's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Sprott Physical Platinum & Palladium Tr ranks #116 out of 1587 companies for Return-on-Tangible-Equity. This places Sprott Physical Platinum & Palladium Tr in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.18, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sprott Physical Platinum & Palladium Tr and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprott Physical Platinum & Palladium Tr's current Return-on-Tangible-Equity is -27.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Platinum & Palladium Tr stock overvalued right now?
Sprott Physical Platinum & Palladium Tr (SPPP) has a current Return-on-Tangible-Equity of -27.33%. The current Return-on-Tangible-Equity is -27.33%. Sprott Physical Platinum & Palladium Tr's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sprott Physical Platinum & Palladium Tr (SPPP), the current Return-on-Tangible-Equity is -27.33% 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.
Sprott Physical Platinum & Palladium Tr Business Description
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. The company 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.
36GF Score
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