Silvercrest Asset Management Group Inc. (SAMG) Company Bio
Silvercrest Asset Management Group Inc. provides financial advisory and related family office services in the United States. The company was founded in 2002 and is based in New York, New York.
SAMG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Silvercrest Asset Management Group Inc. To summarize, we found that Silvercrest Asset Management Group Inc ranked in the 71th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for SAMG, they are:
The company has produced more trailing twelve month cash flow than only 12.29% of its sector Financial Services.
Silvercrest Asset Management Group Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 9.83% of tickers in our DCF set.
SAMG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 9.83% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CPTA, HNNA, NGHC, PGR, and ORI can be thought of as valuation peers to SAMG, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the "Company" or "Silvercrest") today announced that it will host the Company's 2020 Annual Meeting of Stockholders (the "Annual Meeting") virtually, due to public health concerns resulting from the coronavirus ("COVID-19") outbreak, and government-recommended and required limits on public gatherings. Holding the meeting online will also protect the health and safety of the Company's stockholders, directors and employees.
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on May 1, 2020, to discuss the company's financial results for the first quarter ended March 31, 2020. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.