GraniteShares Gold Trust (BAR) stock analysis
Close on Nov 11, 2026Market cap $1.30BP/E 11.8Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak6 of 30 checks passed
GraniteShares Gold Trust passes 6 of the 30 checks behind our score; 21 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 0/6
- Financial health
- 5/6
- Dividend
- 0/6
What stands out
No debt
GraniteShares Gold Trust has no borrowings on its latest balance sheet.
EPS growing 10%+ a year
Diluted EPS grew 109% a year over the last three fiscal years.
Interest well covered
No meaningful interest expense to cover.
Debt covered by cash flow
There is no debt to cover.
What to watch
P/E above its 5-year median
GraniteShares Gold Trust's P/E of 11.8 is above its own 5-year median of 5.5.
P/E above the industry
GraniteShares Gold Trust's P/E of 11.8 is above the Commodity Contracts Brokers and Dealers median of 11.8.
No dividend
GraniteShares Gold Trust has not paid a dividend in the last twelve months.
Valuation0/6
P/E above its 5-year median
GraniteShares Gold Trust's P/E of 11.8 is above its own 5-year median of 5.5.
P/E above the industry
GraniteShares Gold Trust's P/E of 11.8 is above the Commodity Contracts Brokers and Dealers median of 11.8.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growing 10%+ a year
Diluted EPS grew 109% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growth against the industry
Needs revenue for this year and last.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health5/6
No debt
GraniteShares Gold Trust has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Low bankruptcy risk
The Altman Z-score is 3868.33; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
GraniteShares Gold Trust has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for GraniteShares Gold Trust. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 5.5
- Commodity Contracts Brokers and Dealers median 11.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $8.92M
- Value traded per 1% price move
- $6.68M
Downside
Low risk
- Typical loss in a bad month
- 13.4%
- Volatility (annualized)
- 29%
- Sharpe ratio, 1 year
- -0.27
- Beta to the S&P 500 (5Y)
- 0.16
Typical bad-month loss, week by week
Margins need revenue and profit figures
This company does not report the lines needed to calculate margins.
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Net income | -21.8% | +83.9% | – | – | |
| EPS, diluted | -23.8% | +109.1% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on assets | – | -1.2% | 20.2% | |
| Diluted shares | 2M | 62M | 35M |
Cash use needs five years of cash flow figures
GraniteShares Gold Trust does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero$246.91M
- Cash generatingOperating cash flow above zero–
- Return on assets improvedROA up on the prior year39.9% → 22.3%
- Earnings backed by cashOperating cash flow above net income– vs $246.91M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise34M → 35M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → –
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