Strive, Inc. (ASST) vs GCM Grosvenor Inc. (GCMG)

Strive, Inc. and GCM Grosvenor Inc. are both Asset Management companies. Strive, Inc. is the larger, with a market value of $3.0B against $2.6B — 1.2× the size. Strive, Inc. has negative trailing earnings, so its P/E is not meaningful; GCM Grosvenor Inc. trades at 16.7×. Strive, Inc. grew revenue faster over the last twelve months: 33.5% against −22.4%. GCM Grosvenor Inc. has the higher net margin (0.00% vs −11,474.6%) and the higher return on invested capital (28.1% vs −111.5%). Across the 20 metrics below, GCM Grosvenor Inc. leads on 13 and Strive, Inc. on 7.

Valuation

Metric ASST GCMG Asset Management median
P/E n/m 16.72 14.62
P/S 260.34 1.88 2.97
P/B 3.43 6.51 0.94
Price to free cash flow n/m 4.27 8.93
EV/EBITDA 47.58 6.69 10.32
EV/Sales 239.32 2.41 5.72
Earnings yield (42.02%) 5.98% 4.53%
Free cash flow yield (66.34%) 23.40% 4.65%

Profitability

Metric ASST GCMG Asset Management median
Gross margin 100.00% 0.00% 100.00%
Operating margin (9,606.28%) 0.00% 33.03%
Net margin (11,474.60%) 0.00% 13.53%
Free cash flow margin (17,270.45%) 0.00% 12.44%
Return on equity (300.68%) 87.47% 4.83%
Return on assets (141.33%) 6.77% 1.57%
Return on invested capital (111.48%) 28.07% 3.04%

Growth

Metric ASST GCMG Asset Management median
Revenue growth (TTM) 33.53% (22.39%) 6.97%
EPS growth (last fiscal year) 1.95% 1,300.00% —
Revenue growth, 5-year CAGR 131.15% 3.69% 12.13%
Net income growth, 5-year CAGR 0.00% 16.13% 0.00%

Health

Metric ASST GCMG Asset Management median
Debt to equity 0.00 2.96 0.42
Current ratio 7.62 1.89 1.28
Net debt to EBITDA (0.82) 1.42 1.06

Dividend

Metric ASST GCMG Asset Management median
Dividend yield — 5.47% 6.92%
Payout ratio — 0.83 0.77

Size

Metric ASST GCMG Asset Management median
Market cap 2.96b 2.56b 721.34m

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