abrdn Precious Metals Basket ETF Trust (GLTR) stock analysis

GLTRNYSECommodity Contracts Brokers & DealersFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 10/305% below fair value

$171.48−0.80 (-0.46%)

Close on Nov 11, 2026Market cap $2.35BP/E 8.4Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Mixed10 of 30 checks passed

abrdn Precious Metals Basket ETF Trust passes 10 of the 30 checks behind our score; 15 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: 3/6
Growth: 0/6
Past performance: 2/6
Financial health: 5/6
Dividend: 0/6

What stands out

Trading below fair value
The share price of $171.48 is below our fair value estimate of $180.48.
No debt
abrdn Precious Metals Basket ETF Trust has no borrowings on its latest balance sheet.
Earnings grew over 5 years
Net income grew 49.8% a year on average over the last five fiscal years.
Interest well covered
No meaningful interest expense to cover.

What to watch

Margin of safety under 20%
The price is 5.0% below fair value, less than the 20% cushion we look for.
Return on equity under 15%
Return on equity was 9.3% over the last twelve months and averaged 13.0% over five years; we look for 15% on both.
Earnings growth not accelerating
Net income grew -60.5% over the last twelve months, against a 5-year average of 49.8% a year.
P/E above its 5-year median
abrdn Precious Metals Basket ETF Trust's P/E of 8.4 is above its own 5-year median of 5.8.

Valuation3/6

P/E above its 5-year median
abrdn Precious Metals Basket ETF Trust's P/E of 8.4 is above its own 5-year median of 5.8.
P/E below the industry
abrdn Precious Metals Basket ETF Trust's P/E of 8.4 is below the Commodity Contracts Brokers and Dealers median of 11.8.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B below the industry
abrdn Precious Metals Basket ETF Trust's price-to-book of 0.90 is below the Commodity Contracts Brokers and Dealers median of 0.94.
Trading below fair value
The share price of $171.48 is below our fair value estimate of $180.48.
Margin of safety under 20%
The price is 5.0% below fair value, less than the 20% cushion we look for.

Growth0/6

Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings growth not accelerating
Net income grew -60.5% over the last twelve months, against a 5-year average of 49.8% a year.
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 performance2/6

Return on equity under 15%
Return on equity was 9.3% over the last twelve months and averaged 13.0% over five years; we look for 15% on both.
Return on invested capital
Needs operating income and invested capital.
Return on equity above the industry
abrdn Precious Metals Basket ETF Trust's return on equity of 9.3% is above the Commodity Contracts Brokers and Dealers median of 2.2%.
Earnings grew over 5 years
Net income grew 49.8% a year on average over the last five fiscal years.
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
abrdn Precious Metals Basket ETF 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 1094.40; above 3 is the safe zone and below 1.8 the distress zone.

Dividend0/6

No dividend
abrdn Precious Metals Basket ETF 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.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$180.48

The share price is 5% below this estimate.

20%+ below

Near fair value

20%+ above

$171.48Price

Method	Multiple used	Own 5Y median	Industry median	Value per share	Weight
P/E	8.8×	5.8×	11.8×	$178.25	80%
P/B	1.0×	1.0×	0.9×	$189.39	20%
Fair value				$180.48	100%

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 5.8
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: $10.95M
Value traded per 1% price move: $6.78M

Downside

Medium risk

Typical loss in a bad month: 17.3%
Volatility (annualized): 40%
Sharpe ratio, 1 year: -0.19
Beta to the S&P 500 (5Y): 0.31

Typical bad-month loss, week by week

Margins need revenue and profit figures

This company does not report the lines needed to calculate margins.

Per year	1 year	3 years	5 years	10 years	Five-year pace
Net income	+526.2%	–	+49.8%	–

Measure	FY2016	FY2020	FY2025
Return on equity	2.4%	21.1%	59.0%
Return on assets	2.4%	21.1%	58.9%
Diluted shares	3M	7M	11M

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