Sprott Physical Silver Trust (TSX:PSLV) 3-Year ROIIC % : 0.00% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TSX:PSLV Sprott Physical Silver Trust TSX:PSLV
55 GF Score
Price C$30.32
GF Value C$114.96
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sprott Physical Silver Trust 3-Year ROIIC %?

Sprott Physical Silver Trust TSX:PSLV +1.98% 55 3-Year ROIIC % is 0.00 as of Dec. 2025. GuruFocus rates TSX:PSLV with a GF Score™ of 55/100 and a GF Value™ of C$114.96 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 644 Asset Management companies, Sprott Physical Silver Trust ranks worse than 155279.35% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Sprott Physical Silver Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sprott Physical Silver Trust's 3-Year ROIIC % or its related term are showing as below:

TSX:PSLV's 3-Year ROIIC % is not ranked *
in the Asset Management industry.
Industry Median: 1.915
* Ranked among companies with meaningful 3-Year ROIIC % only.

Sprott Physical Silver Trust  (TSX:PSLV) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Sprott Physical Silver Trust 3-Year ROIIC % Related Terms


Sprott Physical Silver Trust 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Sprott Physical Silver Trust's 3-Year ROIIC % 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.

Sprott Physical Silver Trust 3-Year ROIIC % Chart

Sprott Physical Silver Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sprott Physical Silver Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % 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 0.00 0.00 0.00 0.00 0.00

TSX:PSLV vs EQH, ARCC, SEIC: 3-Year ROIIC % Comparison

For the Asset Management subindustry, Sprott Physical Silver Trust's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 Silver Trust 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Silver Trust's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sprott Physical Silver Trust's 3-Year ROIIC % falls into.


TSX:PSLV
55GF Score
Sprott Physical Silver Trust TSX:PSLV
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sprott Physical Silver Trust 3-Year ROIIC % Calculation

Sprott Physical Silver Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Dec. 2025) - 0 (Dec. 2022) )/( 20830.304 (Dec. 2025) - 5549.466 (Dec. 2022) )
=/15280.838
=0.00%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Sprott Physical Silver Trust (TSX:PSLV) has a 3-Year ROIIC % of 0.00 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sprott Physical Silver Trust and its competitors. According to the industry distribution chart, Sprott Physical Silver Trust ranks #999999 out of 644 companies in the Asset Management industry.
Is Sprott Physical Silver Trust's 3-Year ROIIC % too high?
Sprott Physical Silver Trust's current 3-Year ROIIC % is 0.00. Based on the distribution chart, Sprott Physical Silver Trust ranks #999999 out of 644 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sprott Physical Silver Trust has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Silver Trust's 3-Year ROIIC % compare to EQH and ARCC?
According to the Asset Management industry distribution chart, Sprott Physical Silver Trust ranks #999999 out of 644 companies for 3-Year ROIIC %. This places Sprott Physical Silver Trust in the lower half of its industry. The industry median 3-Year ROIIC % is 1.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.92, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sprott Physical Silver Trust and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprott Physical Silver Trust's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Silver Trust stock overvalued right now?
Based on GuruFocus' analysis, Sprott Physical Silver Trust (TSX:PSLV) is currently considered Significantly Undervalued. The stock's GF Value™ is C$114.96, compared to a current price of C$30.32 — trading 73.6% below its estimated fair value. The current 3-Year ROIIC % is 0.00. Sprott Physical Silver Trust's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Sprott Physical Silver Trust (TSX:PSLV), the current 3-Year ROIIC % is 0.00 as of Dec. 2025. 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 Silver Trust (TSX:PSLV) Overvalued in 2026?

Based on GuruFocus' analysis, Sprott Physical Silver Trust stock appears to be undervalued. The current stock price of C$30.32 is trading 73.6% below its estimated GF Value™ of C$114.96. GuruFocus considers Sprott Physical Silver Trust to be Significantly Undervalued.

Key valuation signals for TSX:PSLV:

  • 3-Year ROIIC %: 0.00
  • GF Value™: C$114.96 vs. price of C$30.32 (73.6% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the TSX:PSLV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sprott Physical Silver Trust Business Description

Other Exchanges PSLV:USAPSLV.U:Canada
Address 200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate about short-term changes in silver prices.
55GF Score

Get the complete analysis for TSX:PSLV

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$30.32
Price
C$114.96
GF Value