Silvercrest Asset Management Group Inc. (SAMG) intrinsic value & 10-year financials
Silvercrest Asset Management Group Inc. (SAMG) has a Graham intrinsic value of $3.02 per share. At $10.62 on Oct 17, 2026, the stock trades 252% above that value. Over the last 10 fiscal years revenue grew 5.1% a year to $125.3M, with an average return on invested capital of 154.9%.
- Graham intrinsic value
- $3.02
- Share price (Oct 17, 2026)
- $10.62
- Price vs Graham value
- 252% above
- Market cap
- $93.4M
- Revenue (FY2025)
- $125.3M
- Revenue growth (10-yr CAGR)
- 5.1%
- ROIC (10-yr avg)
- 154.9%
- Free cash flow (FY2025)
- $15.0M
SAMG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $125.3M | $4.9M | $0.56 | $15.0M | 7.4% | — |
| FY2024 | $123.7M | $9.5M | $1.00 | $19.9M | 14.3% | — |
| FY2023 | $117.4M | $9.1M | $0.96 | $17.1M | 16.0% | — |
| FY2022 | $123.2M | $18.8M | $1.92 | $22.4M | 31.3% | — |
| FY2021 | $131.6M | $14.7M | $1.52 | $43.4M | 23.2% | — |
| FY2020 | $108.0M | $10.0M | $1.05 | $26.2M | 20.6% | — |
| FY2019 | $102.2M | $8.6M | $0.98 | $15.0M | 18.5% | — |
| FY2018 | $98.7M | $9.6M | $1.16 | $27.1M | 21.4% | — |
| FY2017 | $91.4M | $5.3M | $0.66 | $28.8M | 22.3% | 247.9% |
| FY2016 | $80.3M | $5.0M | $0.62 | $17.3M | 18.2% | 61.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Silvercrest Asset Management Group Inc. has demonstrated mature, steady growth, with revenue compounding at 5.1% annually over the past decade.
Silvercrest Asset Management Group Inc. has earned high returns on invested capital, averaging 32.2% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Silvercrest Asset Management Group Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Silvercrest Asset Management Group Inc. is modeled at -1.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.02 per share.