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Silvercrest Asset Management (SAMG)
NASDAQ:SAMG
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SilverCrest Asset Management
(NASDAQ:SAMG)
69Neutral
SilverCrest Asset Management (SAMG) vs. S&P 500 (SPY)
Market Cap
$203.28M
Dividend Yield5.3%
Average Volume (3M)43.43K
Price to Earnings (P/E)14.9
Beta (1Y)0.96
Revenue Growth5.28%
EPS Growth4.39%
CountryUS
Employees160
SectorFinancial
Sector Strength82
IndustryAsset Management
Share Statistics
EPS (TTM)1.00
Shares Outstanding9,549,937
10 Day Avg. Volume77,930
30 Day Avg. Volume43,429
Financial Highlights & Ratios
PEG Ratio3.40
Price to Book (P/B)N/A
Price to Sales (P/S)1.80
Price to Cash Flow (P/CF)3.40
P/FCF Ratio3.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
SilverCrest Asset Management Business Overview & Revenue Model
Company DescriptionSilverCrest Asset Management (SAMG) is a wealth management firm specializing in providing personalized investment advisory and financial planning services. The company focuses on delivering tailored investment strategies for high-net-worth individuals, families, and select institutional investors. SilverCrest offers a range of services including portfolio management, estate planning, and tax-efficient investment strategies, positioning itself as a trusted partner for clients seeking to preserve and grow their wealth.
How the Company Makes MoneySilverCrest Asset Management makes money primarily through management fees charged on the assets under management (AUM). These fees are typically calculated as a percentage of the total assets managed on behalf of clients. In addition to management fees, the firm may also earn performance-based fees if predetermined investment benchmarks are met or exceeded. SilverCrest might also generate revenue from consulting and planning services offered to clients, enhancing its diversified revenue streams. The company benefits from strong client relationships and a reputation for delivering customized investment solutions, which contribute to client retention and growth in AUM.
SilverCrest Asset Management Financial Statement Overview
Summary
SilverCrest Asset Management exhibits strong profitability with a robust balance sheet, highlighted by zero debt and efficient cash flow generation. However, the negative revenue growth rate signals a potential area of concern.Income Statement
SilverCrest Asset Management shows a strong gross profit margin of 38% and an impressive net profit margin of 20.1% for the latest year. Despite a dip in revenue from the previous year, the company has maintained healthy EBIT and EBITDA margins of 14.3%. However, the revenue growth rate has been negative, indicating potential challenges in revenue expansion.72
Positive
Balance Sheet
The company exhibits a robust balance sheet with a debt-to-equity ratio of 0, reflecting zero debt. Return on equity stands at a strong 30.8%, indicating efficient use of equity capital. The equity ratio is 41.5%, suggesting a stable financial structure and low leverage, which lowers financial risk.80
Positive
Cash Flow
SilverCrest has demonstrated a solid free cash flow growth rate of 26.3%, and a strong operating cash flow to net income ratio of 0.87. The free cash flow to net income ratio is 0.87, signifying efficient cash generation relative to net income despite a slight decrease in operating cash flow compared to the previous year.75
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 123.65M | 117.41M | 123.22M | 131.60M | 107.98M | Gross Profit |
| 46.99M | 44.79M | 51.61M | 59.04M | 45.60M | EBIT |
| 17.63M | 18.82M | 34.96M | 26.80M | 18.57M | EBITDA |
| 24.56M | 22.86M | 38.85M | 30.72M | 22.54M | Net Income Common Stockholders |
| 9.54M | 9.09M | 30.79M | 24.95M | 17.48M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 68.61M | 70.30M | 77.43M | 85.74M | 62.50M | Total Assets |
| 194.43M | 199.57M | 212.68M | 229.32M | 213.80M | Total Debt |
| 22.53M | 29.33M | 36.23M | 41.65M | 48.99M | Net Debt |
| -46.08M | -40.97M | -41.20M | -44.09M | -13.51M | Total Liabilities |
| 74.74M | 77.76M | 86.84M | 112.51M | 110.41M | Stockholders Equity |
| 80.70M | 82.74M | 84.59M | 80.35M | 70.68M |
| Cash Flow | Free Cash Flow | |||
| 21.59M | 17.10M | 22.43M | 43.37M | 26.22M | Operating Cash Flow |
| 21.59M | 20.98M | 23.38M | 44.28M | 26.85M | Investing Cash Flow |
| -1.70M | -3.88M | -956.00K | -908.00K | -626.00K | Financing Cash Flow |
| -21.55M | -24.22M | -30.74M | -20.12M | -16.55M |
SilverCrest Asset Management Technical Analysis
Negative
14.78
Price Trends
17.32
Negative
17.59
Negative
16.75
Negative
Market Momentum
-0.35
Negative
42.63
Neutral
54.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SAMG, the sentiment is Negative. The current price of 14.78 is below the 20-day moving average (MA) of 16.29, below the 50-day MA of 17.32, and below the 200-day MA of 16.75, indicating a bearish trend. The MACD of -0.35 indicates Negative momentum. The RSI at 42.63 is Neutral, neither overbought nor oversold. The STOCH value of 54.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SAMG.
SilverCrest Asset Management Risk Analysis
SilverCrest Asset Management disclosed 50 risk factors in its most recent earnings report. SilverCrest Asset Management reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
SilverCrest Asset Management Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $22.66B | 20.19 | 42.26% | 0.42% | 23.20% | 2.38% | |
73 Outperform | $6.45B | 18.15 | 23.03% | 1.94% | 22.67% | 47.20% | |
71 Outperform | $5.74B | 10.88 | 5.31% | 6.45% | 3.97% | ― | |
70 Outperform | $18.36B | 9.02 | 20.60% | 6.11% | 9.80% | 17.87% | |
69 Neutral | $203.28M | 14.91 | 11.67% | 5.30% | 5.28% | 4.39% | |
66 Neutral | $8.86B | 25.87 | 2.76% | 7.47% | 9.48% | -65.57% | |
64 Neutral | $12.70B | 9.08 | 9.19% | 4.89% | 16.29% | -8.64% |
* Financial Sector Average
Performance Comparison
SAMG
SilverCrest Asset Management
14.78
0.57
4.01%
EVR
Evercore Partners
163.77
-27.53
-14.39%
BEN
Franklin Resources
16.66
-9.24
-35.68%
IVZ
Invesco
12.14
-4.00
-24.78%
LPLA
LPL Financial
286.89
29.85
11.61%
TROW
T Rowe Price
80.27
-33.91
-29.70%
SilverCrest Asset Management Earnings Call Summary
Earnings Call Date: Mar 6, 2025 | % Change Since: -14.07% | Next Earnings Date: May 1, 2025
Earnings Call Sentiment Positive
The earnings call reflects a strong performance with record client inflows, revenue growth, and strategic global expansion. However, increased expenses and market depreciation present challenges. Overall, the highlights outweigh the lowlights, indicating a positive outlook for the company.Highlights
Record Organic Client Inflows
The firm garnered $1.4 billion in Q4 and $1.5 billion during 2024 in new client assets under management inflows, marking the best year for new organic client inflows since at least 2015.
AUM Growth
Total AUM as of year-end 2024 reached $36.5 billion, up 9.6% from $33.3 billion at year-end 2023. Discretionary AUM rose 6.4% to $23.3 billion.
Revenue Increase
Revenue for the year increased 5.3% to $123.7 million from $117.4 million, with Q4 revenue up 12% over Q4 2023 to $32 million.
Global Expansion Initiatives
Strategic expansions include hiring in Atlanta and Singapore, obtaining a full MAS license for business in Singapore, and pursuing growth opportunities in Europe.
Pipeline Growth
The pipeline increased from $1.2 billion to $1.6 billion, showing strong future growth potential.
Lowlights
Increased Expenses
Expenses for the quarter increased year over year by $0.5 million or 1.7%, driven by increased G&A expenses and professional fees.
Compensation and Benefits Fluctuation
Compensation benefits expense for the quarter decreased by $0.8 million or 3.4%, primarily due to a decrease in bonus accrual, while overall compensation and benefits increased for the year by $4 million or 5.6%.
Market Depreciation Impact
Despite increased discretionary AUM from net client inflows, market depreciation partially offset these gains.
Company Guidance
In the Silvercrest Asset Management Group Inc. Q4 and Full Year 2024 earnings call, the company provided several key metrics and guidance for the future. Silvercrest reported a revenue increase of 5.3% year-over-year, reaching $123.7 million for 2024, with Q4 revenue up 12% to $32 million. The firm's total assets under management (AUM) rose by 9.6% to $36.5 billion, driven by strong net organic flows, including a $1.3 billion seed investment in their global value equity strategy. Discretionary AUM, which drives revenue, increased by 6.4% to $23.3 billion. The company highlighted a robust pipeline of $1.6 billion, excluding new mandates, and expressed optimism about securing significant new organic flows in 2025. Silvercrest plans strategic investments and hires, particularly in Atlanta and Singapore, to drive future growth. Despite increased general and administrative expenses, which rose by 18.5%, compensation expenses were managed carefully, decreasing by 3.4% in Q4 due to lower bonus accruals. The firm aims to maintain a strong dividend policy and considers buybacks as part of its capital return strategy.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.