Silvercrest Asset Management Group Inc. (SAMG) stock analysis

P/E above its 5-year median

Silvercrest Asset Management's P/E of 91.8 is above its own 5-year median of 15.6.

P/E above the industry

Silvercrest Asset Management's P/E of 91.8 is above the Services Allied with the Exchange of Securities median of 21.0.

EV/EBITDA above its 5-year median

Silvercrest Asset Management's EV/EBITDA of 23.0 is above its 5-year median of 5.9.

P/B below the industry

Silvercrest Asset Management's price-to-book of 2.87 is below the Services Allied with the Exchange of Securities median of 3.70.

Trading above fair value

The share price of $11.02 is above our fair value estimate of $9.77.

Margin of safety under 20%

The price is 12.8% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 0.6% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -33.7% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew -85.9% over the last twelve months, against a 5-year average of -13.3% a year.

Growing slower than the industry

Revenue grew 1.2% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 1.8% over the last twelve months and averaged 14.5% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 8.0%, below the 10% that usually covers the cost of capital.

Return on equity below the industry

Silvercrest Asset Management's return on equity of 1.8% is below the Services Allied with the Exchange of Securities median of 15.7%.

Earnings shrank over 5 years

Net income shrank 13.3% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 0.7% over the last twelve months, against a 5-year average of 9.2%.

Net margin below the industry

Silvercrest Asset Management's net margin of 0.7% is below the Services Allied with the Exchange of Securities median of 16.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense 4.9 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.43; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Silvercrest Asset Management paid dividends worth 7.6% of the share price over the last twelve months.

Yield above Treasuries

The 7.6% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Silvercrest Asset Management yields 7.6%.

Dividend stability

Fewer than five years of dividend history.

Not covered by earnings

Dividends take 696% of net income, leaving little room.

Not covered by free cash flow

Dividends take 117% of free cash flow.