Silvercrest Asset Management Group Inc SAMG

FinancialsInvestment Banking & Investment ServicesUnited States of America

Last close 10.85 USD on Nov 2, 2026, −24.6% year to date

Quant rating

Quant rating B Rank 195 of 799 in Financials

Growth B 178 of 799
Valuation B 168 of 799
Quality C 364 of 799
Revisions A 105 of 799
Momentum C 548 of 799

Wall Street consensus Strong Buy (1.50)Average target 16.50 USD +52.1%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 129M
Enterprise value: 149M
52-week range: 9.09 – 16.01
3-year range: 9.09 – 19.03
Dividend yield: 7.51%
Beta (5 years): 0.66
Shares outstanding: 11.8M
Next earnings: Mar 15, 2027

About the company

Silvercrest Asset Management Group Inc. is a full-service wealth management company. The Company operates through the investment management industry segment. The Company is focused on providing financial advisory and related family office services to ultra-high-net worth individuals and institutional investors. In addition to a range of investment capabilities, it offers a full suite of complementary and customized family office services for families seeking comprehensive oversight of their financial affairs. Its clients engage them to advise them on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies, including hedge funds, private equity funds, real estate and commodities. It also provides its clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	125	124	117	123	132	–
Revenue growth	1.3%	5.3%	−4.7%	−6.4%	21.9%	3.0%
EPS (basic, normalized)	0.91	1.10	1.12	1.35	1.89	–
EPS growth	−17.3%	−1.8%	−17.0%	−28.6%	–	–
Gross margin	–	–	–	–	–	–
Net margin	3.9%	7.7%	7.7%	15.3%	11.2%	9.2%
ROE	18.1%	19.3%	13.0%	23.9%	37.2%	22.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	27.8
Current ratio	–
Long-term debt (mil)	9.8
Net debt (mil)	20.9
Total equity (mil)	45.5
Net debt / equity	0.46x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	125	+1.3%	1.2x	–	–	–	0.91	−17.3%	11.9x
2026	127	+1.6%	1.2x	–	–	–	0.45	−50.5%	24.1x
2027	137	+7.8%	1.1x	–	–	–	0.96	+114.4%	11.2x
2028	146	+6.1%	1.0x	–	–	–	1.33	+37.8%	8.2x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	127	0.0%	0.0%	−1.7%	0.45	0.0%	0.0%	−43.4%
2027	137	0.0%	0.0%	−4.9%	0.96	0.0%	0.0%	−20.2%
2028	146	0.0%	0.0%	+1.9%	1.33	0.0%	0.0%	−1.5%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	30.3	31.0	30.4	32.0	31.4	30.7	31.3	32.0	31.4	30.8
Sales mean (mil)	30.1	30.9	30.3	31.5	33.2	30.8	32.2	31.9	31.8	30.3
Surprise	+0.6%	+0.3%	+0.4%	+1.3%	−5.4%	−0.3%	−2.9%	+0.1%	−1.4%	+1.8%
EPS reported	0.33	0.30	0.26	0.20	0.27	0.25	0.19	0.18	0.12	0.10
EPS mean	0.40	0.37	0.33	0.28	0.31	0.30	0.28	0.22	0.18	0.10
Surprise	−16.5%	−18.9%	−21.2%	−28.6%	−13.8%	−16.7%	−32.1%	−18.2%	−35.1%	−4.8%

Peer comparison Investment Banking & Investment Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SAMG Silvercrest Asset Management Group Inc	129M	1.07x	3.9%	2.79x	24.1x	11.2x	10.6x	7.1x
AMG Affiliated Managers Group, Inc.	9.6B	3.49x	34.5%	3.17x	10.0x	8.6x	10.1x	9.4x
APAM Artisan Partners Asset Management Inc	3.1B	−0.10x	23.1%	7.03x	9.9x	10.8x	7.0x	7.7x
CYB Cymbria Corp	1.1B	–	82.2%	1.05x	–	–	–	–
CSWC Capital Southwest Corporation	1.5B	–	49.6%	1.41x	10.4x	9.9x	–	–
JUP Jupiter Fund Management PLC	1.2B	–	21.6%	1.03x	10.2x	10.8x	3.8x	4.2x
Mean		1.48x	35.8%	2.75x	12.9x	10.3x	7.9x	7.1x
Median		1.07x	28.8%	2.10x	10.2x	10.8x	8.6x	7.4x

Technical analysis

1M+2.9%
3M+7.8%
1Y−17.8%
3Y−28.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Silvercrest Asset Management Group Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	125	124	117	123	132	108
Cost of revenue	–	–	–	–	–	–
Gross profit	125	124	117	123	132	108
Selling, general & administrative expenses	116	106	98.6	84.7	101	85.7
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	–	–	–	–	–
Other operating expenses	0	0	0	0	0	0
Operating income	9.3	17.6	18.8	38.6	30.5	22.3
Net interest income (expense)	1.5	2.4	0.6	−0.4	1.2	0.3
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0.2	0.2	0.1	0.3	0.2	0.2
Net income before taxes	11.0	20.3	19.5	38.4	31.9	22.9
Provision for taxes	3.0	4.6	4.3	7.6	6.9	5.4
Minority interest	−3.2	−6.2	−6.1	−12.0	−10.3	−7.5
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	4.9	9.5	9.1	18.8	14.7	10.0
Extraordinary items	–	–	–	–	–	–
Net income	4.9	9.5	9.1	18.8	14.7	10.0
EBIT, normalized	9.5	18.0	18.9	38.6	31.1	22.6
EBITDA, normalized	11.9	22.0	22.8	42.5	35.0	26.6
Basic EPS, normalized	0.91	1.10	1.12	1.35	1.89	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Silvercrest Asset Management Group Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	44.1	68.6	70.3	77.4	85.7	62.5
Receivables	11.8	12.2	9.5	9.1	8.8	8.3
Total inventory	–	–	–	–	–	–
Prepaid expenses	4.4	3.1	4.0	4.4	2.7	3.6
Other current assets	–	–	–	–	–	–
Total current assets	–	–	–	–	–	–
Property, plant & equipment	25.4	23.7	27.4	29.0	31.6	35.8
Goodwill	63.7	63.7	63.7	63.7	63.7	63.7
Intangibles	14.5	16.6	18.9	21.3	23.9	26.6
Long-term investments	1.0	1.4	0.2	0.1	1.6	0.9
Note receivable	–	–	–	–	–	–
Other long-term assets	62.0	89.1	89.4	98.5	108	86.8
Total assets	167	194	200	213	229	214
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	4.3	2.0	2.0	1.7	19.8	18.0
Accrued expenses	63.0	62.1	63.6	69.3	74.1	70.0
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	–	–	–	–	–	–
Total current liabilities	–	–	–	–	–	–
Long-term debt	4.4	0.3	3.1	6.7	9.3	12.9
Minority interest	34.6	39.0	39.1	41.2	36.5	32.7
Other liabilities	77.4	74.5	74.7	80.2	103	97.5
Total liabilities	116	114	117	128	149	143
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in capital	58.9	56.4	55.8	54.0	52.9	51.0
Retained earnings (accumulated deficit)	41.7	44.0	41.9	39.8	27.8	19.5
Treasury stock	−50.4	−19.7	−15.1	−9.3	−0.5	–
Other equity	−0.1	0	0	0	0	0
Total equity	50.3	80.7	82.7	84.6	80.3	70.7
Total liabilities & shareholders' equity	167	194	200	213	229	214

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Silvercrest Asset Management Group Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	8.1	15.7	15.2	30.8	24.9	17.5
Depreciation, depletion & amortization	2.4	4.1	4.0	3.9	3.9	4.0
Deferred taxes	2.0	2.0	2.2	4.0	0.9	2.2
Non-cash items	3.9	4.3	5.6	4.9	4.6	4.7
Changes in working capital	2.3	−4.5	−6.0	−20.1	9.9	−1.6
Cash from operations	18.6	21.6	21.0	23.4	44.3	26.8
Investing activities
Capital expenditures	−3.6	−1.7	−3.9	−1.0	−0.9	−0.6
Other investing cash flows	0	0	0	0	0	0
Cash from investing	−3.6	−1.7	−3.9	−1.0	−0.9	−0.6
Financing activities
Financing cash flow items	0.1	0	0	−4.4	−2.8	−0.4
Cash dividends paid	−13.0	−14.1	−14.8	−14.7	−13.1	−12.4
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−26.6	−7.4	−9.4	−11.6	−4.2	−3.7
Cash from financing	−39.5	−21.5	−24.2	−30.7	−20.1	−16.6
Foreign exchange effects	0	0	0	–	–	–
Net change in cash	−24.5	−1.7	−7.1	−8.3	23.2	9.7
Free cash flow	15.0	19.9	17.1	22.4	43.4	26.2

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.