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A-Mark Precious Metals, Inc. AMRK
Financial Services - Financial - Capital Markets - NASDAQ - US
Watchlist
$ 20.92
1.18 %
$ 515 M
Market Cap
13.15
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AMRK stock under the worst case scenario is HIDDEN Compared to the current market price of 20.9 USD, A-Mark Precious Metals, Inc. is HIDDEN

AMRK Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AMRK stock under the base case scenario is HIDDEN Compared to the current market price of 20.9 USD, A-Mark Precious Metals, Inc. is HIDDEN

AMRK Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AMRK stock under the best case scenario is HIDDEN Compared to the current market price of 20.9 USD, A-Mark Precious Metals, Inc. is HIDDEN

AMRK Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart AMRK

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1M --%
6M -34%
1Y -56.0%
3Y -30%
5Y 199%
All
$30.0$30.0$29.0$29.0$28.0$28.0$27.0$27.0$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
9.7 B REVENUE
4.44%
Growth Rates
1Year 4.44%
3Years 8.41%
5Years 15.19%
7Years 4.79%
10Years 4.96%
83.5 M OPERATING INCOME
-57.61%
Growth Rates
1Year -57.61%
3Years -26.80%
5Years 32.52%
7Years 39.81%
10Years 21.53%
69 M NET INCOME
-55.97%
Growth Rates
1Year -55.97%
3Years -24.38%
5Years 98.11%
7Years 38.49%
10Years 23.66%
60.9 M OPERATING CASH FLOW
300.95%
Growth Rates
1Year 300.95%
3Years 46.70%
5Years 44.00%
7Years 35.14%
10Years 18.88%
-63.6 M INVESTING CASH FLOW
-929.92%
Growth Rates
1Year -929.92%
3Years 21.28%
5Years -33.85%
7Years -8.26%
10Years -27.43%
12 M FINANCING CASH FLOW
-52.11%
Growth Rates
1Year -52.11%
3Years -62.77%
5Years -17.51%
7Years -16.46%
10Years -1.55%
3.01 B REVENUE
9.73%
Growth Rates
1Year 4.44%
3Years 8.41%
5Years 15.19%
7Years 4.79%
10Years 4.96%
7.61 M OPERATING INCOME
-47.04%
Growth Rates
1Year -57.61%
3Years -26.80%
5Years 32.52%
7Years 39.81%
10Years 21.53%
-8.71 M NET INCOME
-145.76%
Growth Rates
1Year -55.97%
3Years -24.38%
5Years 98.11%
7Years 38.49%
10Years 23.66%
103 M OPERATING CASH FLOW
-6.57%
Growth Rates
1Year 300.95%
3Years 46.70%
5Years 44.00%
7Years 35.14%
10Years 18.88%
-54 M INVESTING CASH FLOW
-983.10%
Growth Rates
1Year -929.92%
3Years 21.28%
5Years -33.85%
7Years -8.26%
10Years -27.43%
27.7 M FINANCING CASH FLOW
124.24%
Growth Rates
1Year -52.11%
3Years -62.77%
5Years -17.51%
7Years -16.46%
10Years -1.55%
Balance Sheet A-Mark Precious Metals, Inc.
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Current Assets 1.44 B
Cash & Short-Term Investments 48.6 M
Receivables 173 M
Other Current Assets 1.22 B
Non-Current Assets 386 M
Long-Term Investments 50.5 M
PP&E 29.8 M
Other Non-Current Assets 305 M
9.48 %66.76 %16.71 %Total Assets$1.8b
Current Liabilities 884 M
Accounts Payable 12 M
Short-Term Debt 528 M
Other Current Liabilities 343 M
Non-Current Liabilities 282 M
Long-Term Debt 257 M
Other Non-Current Liabilities 25.5 M
45.33 %29.44 %22.02 %Total Liabilities$1.2b
EFFICIENCY
Earnings Waterfall A-Mark Precious Metals, Inc.
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Revenue 9.7 B
Cost Of Revenue 9.53 B
Gross Profit 173 M
Operating Expenses 86.7 M
Operating Income 83.5 M
Other Expenses 14.4 M
Net Income 69 M
10b10b9b9b8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b0010b(10b)173m(87m)83m(14m)69mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
1.79% GROSS MARGIN
1.79%
Averages
1Year 1.79%
3Years 2.72%
5Years 2.43%
7Years 1.89%
10Years 1.46%
0.86% OPERATING MARGIN
0.86%
Averages
1Year 0.86%
3Years 1.64%
5Years 1.65%
7Years 1.23%
10Years 0.91%
0.71% NET MARGIN
0.71%
Averages
1Year 0.71%
3Years 1.34%
5Years 1.33%
7Years 0.95%
10Years 0.70%
11.28% ROE
11.28%
Averages
1Year 11.28%
3Years 21.50%
5Years 27.75%
7Years 19.54%
10Years 17.42%
3.75% ROA
3.75%
Averages
1Year 3.75%
3Years 7.68%
5Years 8.10%
7Years 5.76%
10Years 4.61%
4.73% ROIC
4.73%
Averages
1Year 4.73%
3Years 9.32%
5Years 12.41%
7Years 9.25%
10Years 7.15%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis A-Mark Precious Metals, Inc.
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60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 69 M
Depreciation & Amortization 11.4 M
Capital Expenditures -15.8 M
Stock-Based Compensation 1.92 M
Change in Working Capital -939 K
Others 39.8 M
Free Cash Flow 45.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets A-Mark Precious Metals, Inc.
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Wall Street analysts predict an average 1-year price target for AMRK of $45 , with forecasts ranging from a low of $33 to a high of $56 .
AMRK Lowest Price Target Wall Street Target
33 USD 57.74%
AMRK Average Price Target Wall Street Target
45 USD 115.11%
AMRK Highest Price Target Wall Street Target
56 USD 167.69%
Price
Max Price Target
Min Price Target
Average Price Target
6060555550504545404035353030252520201515Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
0.77% DIVIDEND YIELD
0.2 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.8001.8001.6001.6001.4001.4001.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.20.20.20.20.20.20.75110.20.80.20.100.140.160.751.740.21.600.21.600.20.600.800.200.0020152015201620162017201720182018202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership A-Mark Precious Metals, Inc.
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Sold
0-3 MONTHS
103 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
18.7 M USD 5
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
A-Mark Precious Metals: Safer Than Gold Miners, Higher Potential Than Gold? Now Trading Below Equity A-Mark's margins remain thin, and inventory risks are elevated, but the balance sheet is strong, and recent acquisitions offer growth potential. Falling interest rates and renewed demand for bullion could catalyze earnings, while rate cuts may boost net income and free cash flow. Valuation scenarios show significant upside if acquisitions pay off and demand improves, with downside risk if current headwinds persist. seekingalpha.com - 2 weeks ago
A-Mark Precious Metals: Follow The Cash Flow Contrary to conventional thinking, gold's rapid rise in spot price has hurt A-Mark's margins. After accumulating more than $500m of inventory over the last 4 years, A-Mark has generated $200m free cash flow in the last two quarters. While A-Mark remains highly levered, they remain well capitalized thanks to the liquidity of their inventory, mainly gold and silver. seekingalpha.com - 2 weeks ago
A-MARK INVESTOR NOTIFICATION: Kaskela Law LLC Announces Investigation into Fairness of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) Merger and Encourages Investors to Contact the Firm PHILADELPHIA--(BUSINESS WIRE)--The law firm of Kaskela Law LLC announces that it is investigating the recent merger between A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”) and Spectrum Group International, Inc. (“Spectrum”) to determine whether the merger is fair to A-Mark investors. Click here for additional information: https://kaskelalaw.com/case/a-mark/ On February 3, 2025, A-Mark announced that it would acquire Spectrum in a transaction valued at $92 million. Since that time, shares. businesswire.com - 4 weeks ago
AMRK STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) Proposed Merger and Encourages Investors to Contact the Firm PHILADELPHIA, May 15, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed merger between A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”) and Spectrum Group International, Inc. (“Spectrum”) to determine whether the proposed merger as structured is fair to A-Mark investors. globenewswire.com - 1 month ago
New Strong Sell Stocks for May 13th ALTI, AMRK and BHC have been added to the Zacks Rank #5 (Strong Sell) List on May 13, 2025. zacks.com - 1 month ago
A-Mark Precious Metals, Inc. (AMRK) Q3 2025 Earnings Call Transcript A-Mark Precious Metals, Inc. (NASDAQ:AMRK ) Q3 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Greg Roberts – Chief Executive Officer Thor Gjerdrum – President Kathleen Simpson-Taylor – Chief Financial Officer Conference Call Participants Andrew Scutt – Roth Capital Partners Thomas Forte – Maxim Group Greg Gibas – Northland Securities Operator Good afternoon, and welcome to A-Mark Precious Metals Conference Call for the Fiscal Third Quarter ended March 31, 2025. My name is Kelly, and I will be your operator this afternoon. seekingalpha.com - 1 month ago
A-Mark Precious Metals (AMRK) Lags Q3 Earnings Estimates A-Mark Precious Metals (AMRK) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.49 per share a year ago. zacks.com - 1 month ago
D.A. Davidson Advises Stack's Bowers Galleries in its Sale to A-Mark Precious Metals IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive sell-side financial advisor to Spectrum Group International, Inc. (“SGI”), the parent of Stack's Bowers Galleries (“SBG”, or the “Company”) in its sale to A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”). Stack's Bowers Galleries is a heritage brand founded in 1933 in New York and known as America's oldest rare coin auctioneer and dealership. The Company's Auction Services unit conduct. businesswire.com - 1 month ago
A-Mark Precious Metals Sets Fiscal Third Quarter Earnings Call for Wednesday, May 7th at 4:30 p.m. ET EL SEGUNDO, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Wednesday, May 7, 2025 at 4:30 p.m. Eastern time to discuss results for the fiscal third quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. A-Mark management will host the presentation, followed by a question-and-answer period. globenewswire.com - 2 months ago
A-MARK INVESTOR NOTIFICATION: The Law Firm of Kaskela Law LLC is Investigating A-Mark Precious Metals, Inc. (NASDAQ: AMRK) and Encourages Investors to Contact the Firm - AMRK PHILADELPHIA , April 16, 2025 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the recently announced proposed merger between A-Mark Precious Metals, Inc. (NASDAQ: AMRK) ("A-Mark") and Spectrum Group International, Inc. ("Spectrum") to determine whether the proposed merger as currently structured is fair to A-Mark investors. Click here for additional information: https://kaskelalaw.com/case/a-mark/ On February 3, 2025, A-Mark announced that it had agreed to acquire 100% of the stock of Spectrum in a transaction valued at $92 million. prnewswire.com - 2 months ago
A-MARK BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Proposed A-Mark Precious Metals, Inc. (NASDAQ: AMRK) Merger and Encourages AMRK Shareholders to Contact the Firm PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the recently announced proposed merger between A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”) and Spectrum Group International, Inc. (“Spectrum”) to determine whether the proposed merger as currently structured is fair to A-Mark investors. Click here for additional information: https://kaskelalaw.com/case/a-mark/ On February 3, 2025, A-Mark announced that it had agreed to acquire 100% of the stock of Spect. businesswire.com - 2 months ago
A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025. globenewswire.com - 2 months ago
8. Profile Summary

A-Mark Precious Metals, Inc. AMRK

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 515 M
Dividend Yield 0.77%
Description 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.
Contact 2121 Rosecrans Avenue, El Segundo, CA, 90245 https://www.amark.com
IPO Date March 17, 2014
Employees 482
Officers Ms. Carol Meltzer J.D. Executive Vice President, General Counsel, Secretary & Director Mr. David W. G. Madge Chief Marketing Officer Mr. Cary Dickson CPA Executive Vice President Mr. Oscar Carrasco Chief Information Officer Mr. Jamie Meadows President of AMST Mr. Thor G. Gjerdrum President Mr. Steven H. Reiner Executive Vice President of Capital Markets & Investor Relations Mr. Gregory N. Roberts Chief Executive Officer & Director Ms. Kathleen Simpson-Taylor CPA Chief Financial Officer, Executive Vice President & Assistant Secretary Mr. Brian Aquilino Chief Operating Officer