A-Mark Precious Metals, Inc.

A-Mark Precious Metals, Inc.

AMRKยทNASDAQ

$42.83

+13%
Financial ServicesFinancial - Capital Markets

A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products through its websites and marketplaces. It operates five company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. The company serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. It has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.

At a Glance

Live Snapshot
Market Cap$1.06B
EPS0.7300
P/E Ratio58.67
Earnings Date02/05/2026
A-Mark Precious Metals, Inc.

A-Mark Precious Metals, Inc. Fair Value Envelope

AMRK ยท NASDAQ

Our analysis suggests that AMRK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $42.83, this represents a potential HIDDEN relative to our calculated worth for A-Mark Precious Metals, Inc..

Intrinsic Value
Current Price: $42.83

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1,365.8B
+ Cash & Equivalents$77.7M
Firm Value$1,365.8B
- Debt$906.7M
Equity Value$1,364.9B
/ Shares Outstanding24,640,570B
DCF Value$55.4K
UNDERVALUED BY 129233%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$304.7M
$609.4M
$1.2B
$2.4B
$4.9B
$9.8B
$19.5B
$39.0B
$78.0B
$156.0B
Maintenance CapEx
-$4.3M
-$8.5M
-$17.1M
-$34.2M
-$68.3M
-$136.7M
-$273.4M
-$546.7M
-$1.1B
-$2.2B
Owner Earnings
$300.4M
$600.8M
$1.2B
$2.4B
$4.8B
$9.6B
$19.2B
$38.5B
$76.9B
$153.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$278.2M
$515.1M
$953.9M
$1.8B
$3.3B
$6.1B
$11.2B
$20.8B
$38.5B
$71.2B
Terminal Value represents 88.7% of Enterprise Value