Sprott Focus Trust, Inc. (FUND) Key Metrics
FUND valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $287.8M
- Enterprise value
- $288.5M
- P/E (TTM)
- 3.6 10-yr median 5.3
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 34.6 10-yr median 12.0
- Price / book
- 0.9 10-yr median 0.9
- EV / EBITDA
- — 10-yr median 5.7
- Dividend yield
- 6.19% $0.60 a year
- Beta
- 0.93
FUND key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFUND valuation Price multiples at each fiscal year-end price.
P/E ratio−96.1%
4.8
2025 · hover or tap a bar for each year
20162025
Price / sales−1.9%
11.9
2025 · hover or tap a bar for each year
20162025
Price / book−5.8%
0.9
2025 · hover or tap a bar for each year
20162025
EV / EBITDA−96.0%
4.7
2025 · hover or tap a bar for each year
20162025
FUND returns How much profit the business earns on the capital it uses.
Return on equity+19.3 pts
20.1%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+15.4 pts
16.0%
2025 · hover or tap a bar for each year
20162025
Return on assets+19.2 pts
19.9%
2025 · hover or tap a bar for each year
20162025
Asset turnover+5.0%
0.08
2025 · hover or tap a bar for each year
20162025
FUND per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+20.9%
$0.73
2025 · hover or tap a bar for each year
20162025
Earnings per share+2,912.0%
$1.81
2025 · hover or tap a bar for each year
20162025
Book value per share+25.8%
$9.61
2025 · hover or tap a bar for each year
20162025
Shares outstanding−9.0%
29.9M
2025 · hover or tap a bar for each year
20162025
FUND financial health Debt, liquidity and how easily interest is covered.
Net debt−$3.3M
−$3.4M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−0.01
−0.06
2025 · hover or tap a bar for each year
20162025
FUND efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−6 days
8 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue0.0 pts
0.0%
2025 · hover or tap a bar for each year
20162025
FUND valuation history
Fiscal year-endToday10-year median
FUND returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FUND debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FUND price vs earnings per share
Share price at year-endEPS (right axis)
FUND key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $259.5M | $240.4M | $238.8M | $238.6M | $254.7M | $207.5M | $208.6M | $150.8M | $198.2M | $169.7M |
| Enterprise value | $256.1M | $240.3M | $238.7M | $238.6M | $254.7M | $207.5M | $208.6M | $156.8M | $230.8M | $188.6M |
| P/E ratio | 4.8 | 122.0 | 8.7 | — | 4.9 | 15.5 | 3.6 | — | 5.6 | 4.3 |
| Price / sales | 11.9 | 12.1 | 12.5 | — | 4.9 | 14.9 | 3.6 | — | 5.5 | 13.2 |
| Price / book | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.9 | 0.9 |
| EV / sales | 11.7 | 12.1 | 12.5 | — | 4.9 | 14.9 | 3.6 | — | 6.4 | 14.7 |
| EV / EBITDA | 4.7 | 119.9 | 8.7 | — | 4.9 | 15.5 | 3.6 | — | 6.5 | 4.8 |
| Earnings yield | 20.8% | 0.8% | 11.5% | −0.3% | 20.3% | 6.5% | 27.9% | −26.0% | 17.9% | 23.0% |
| Free cash flow yield | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Dividend yield | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $8.68 | $7.32 | $8.00 | $7.97 | $8.60 | $6.90 | $7.36 | $5.78 | $7.92 | $6.94 |
| Per share | ||||||||||
| Revenue per share | $0.73 | $0.60 | $0.64 | $0.00 | $1.76 | $0.46 | $2.07 | $0.00 | $1.44 | $0.53 |
| Earnings per share | $1.81 | $0.06 | $0.92 | −$0.03 | $1.75 | $0.45 | $2.05 | −$1.50 | $1.42 | $1.60 |
| Operating cash flow per share | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 |
| Free cash flow per share | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 |
| Cash per share | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Book value per share | $9.61 | $7.64 | $8.91 | $8.49 | $9.07 | $8.08 | $8.30 | $6.97 | $9.11 | $8.07 |
| Tangible book value per share | $9.61 | $7.64 | $8.91 | $8.49 | $9.07 | $8.08 | $8.30 | $6.97 | $9.11 | $8.07 |
| Dividends per share | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | — | — | — | — | — | — | — | $0.23 | $1.30 | $0.77 |
| Shares outstanding | 29.9M | 32.8M | 29.8M | 29.9M | 29.6M | 30.1M | 28.3M | 26.1M | 25.0M | 24.4M |
| Change in shares outstanding | −9.0% | +10.0% | −0.3% | +1.1% | −1.5% | +6.1% | +8.6% | +4.3% | +2.4% | +3.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 20.1% | 0.8% | 10.6% | −0.3% | 20.2% | 5.6% | 27.9% | −19.1% | 16.7% | 21.7% |
| Return on invested capital (ROIC) | 16.0% | 0.6% | 10.6% | −0.2% | 20.2% | 5.6% | 27.5% | −13.8% | 14.9% | 18.4% |
| Return on assets (ROA) | 19.9% | 0.8% | 10.5% | −0.3% | 20.0% | 5.4% | 26.6% | −17.4% | 14.9% | 18.3% |
| Return on tangible assets | 18.6% | 0.8% | 10.3% | −0.3% | 19.2% | 5.4% | 23.3% | −20.8% | 13.6% | 18.0% |
| Free cash flow margin | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Income quality (OCF / net income) | — | — | — | — | — | — | — | — | 0.00 | 0.00 |
| Financial health | ||||||||||
| Total debt | — | — | — | — | — | — | — | $6.0M | $32.6M | $18.9M |
| Cash & short-term investments | $3.4M | $107,881 | $110,056 | $25,000 | $25,000 | $73,427 | $445 | $213 | $698 | $259 |
| Net debt | −$3.4M | −$107,881 | −$110,056 | −$25,000 | −$25,000 | −$73,427 | −$445 | $6.0M | $32.6M | $18.9M |
| Debt / equity | — | — | — | — | — | — | — | 0.03 | 0.14 | 0.10 |
| Debt / assets | — | — | — | — | — | — | — | 0.03 | 0.13 | 0.09 |
| Net debt / EBITDA | −0.06 | −0.05 | −0.00 | — | −0.00 | −0.01 | −0.00 | — | 0.92 | 0.48 |
| Current ratio | — | — | — | 1.84 | — | — | 1.71 | 2.81 | 1.86 | 1.00 |
| Quick ratio | — | — | — | 1.84 | — | 573.65 | 1.71 | 0.00 | 1.86 | 1.00 |
| Interest coverage | — | — | — | — | — | — | — | -0.9 | 1.1 | 1.1 |
| Working capital | — | — | $948,262 | $450,882 | $355,128 | $253,853 | $136,320 | $261,643 | $151,725 | $0 |
| Invested capital | $283.9M | $250.8M | $265.8M | $254.2M | $268.7M | $242.8M | $235.3M | $187.7M | $260.6M | $216.2M |
| Tangible asset value | $287.3M | $250.9M | $265.9M | $254.2M | $269.1M | $242.9M | $235.3M | $181.7M | $228.0M | $197.3M |
| Net current asset value | −$4,038 | −$492,162 | $562,124 | −$695,783 | $355,128 | −$4.1M | −$13.8M | −$6.2M | −$32.8M | −$18.9M |
| Graham number | $19.77 | $3.21 | $13.58 | — | $18.88 | $9.00 | $19.59 | — | $17.06 | $17.03 |
| Graham net-net per share | −$0.00 | $0.00 | $0.01 | −$0.03 | $0.01 | −$0.13 | −$0.49 | −$0.23 | −$1.31 | −$0.78 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Share buybacks (net) | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% |
| Capex / depreciation | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A / revenue | 1.6% | 1.7% | 2.0% | — | 0.6% | 2.7% | 0.4% | — | 1.5% | 1.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 7.8 | 14.1 | 17.2 | — | 2.0 | 7.7 | 2.3 | — | 2.9 | 7.1 |
| Days of inventory on hand | — | — | — | — | — | 30.0 | — | 30.0 | — | — |
| Days payables outstanding | — | — | 37.4 | 37.2 | 0.0 | 16.0 | 28.5 | 23.7 | 13.2 | 0.0 |
| Cash conversion cycle (days) | — | — | -20.1 | — | 2.0 | 21.6 | -26.2 | — | -10.3 | 26.8 |
| Receivables turnover | 46.59 | 25.83 | 21.18 | 0.00 | 178.43 | 47.71 | 159.53 | 0.00 | 124.43 | 51.77 |
| Payables turnover | — | — | 9.77 | 9.82 | 25,618.58 | 22.77 | 12.80 | 15.38 | 27.57 | — |
| Inventory turnover | — | — | — | — | — | 12.16 | — | 12.17 | — | — |
| Asset turnover | 0.08 | 0.08 | 0.07 | 0.00 | 0.20 | 0.06 | 0.27 | 0.00 | 0.15 | 0.06 |
| Average receivables | $467,860 | $766,797 | $900,349 | $646,187 | $292,099 | $291,282 | $367,146 | $366,864 | $289,542 | $248,164 |
| Average payables | — | — | $268,305 | $268,182 | $108 | $96,418 | $168,493 | $160,636 | $88,497 | $0 |
| Average inventory | — | — | — | — | — | $180,554 | — | $202,960 | $0 | $100,000 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from FUND's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
FUND valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Sprott Focus traded at 4.8 times earnings, against a 10-year median of 5.3. Based on the latest twelve months, the trailing P/E is 3.6. Sprott Focus earned a return on equity of 20.1% and a return on invested capital of 16.0% in fiscal 2025. The share count rose 22.3% from 24.4M to 29.9M over 9 years.
See the FUND income statement, the FUND chart for price history, or the FUND stock overview for the latest quote and news.
FUND key metrics FAQ
What is Sprott Focus's P/E ratio?
Sprott Focus's trailing P/E ratio is 3.6 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 4.8, compared with a 10-year median of 5.3.
What is Sprott Focus's EV/EBITDA?
Sprott Focus's enterprise value was 4.7 times EBITDA at the end of fiscal 2025 (enterprise value $256.1 million, EBITDA $54.0 million).
What is Sprott Focus's return on equity?
Sprott Focus's return on equity (ROE) was 20.1% in fiscal 2025: net income of $54.0 million on average shareholders' equity of $269.1 million.
What is Sprott Focus's ROIC?
Sprott Focus's return on invested capital was 16.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.