Strive, Inc. (ASST) vs WisdomTree, Inc. (WT)

Strive, Inc. and WisdomTree, Inc. are both Asset Management companies. Strive, Inc. and WisdomTree, Inc. are of similar size ($2.9B and $2.6B). Strive, Inc. has negative trailing earnings, so its P/E is not meaningful; WisdomTree, Inc. trades at 25.7×. WisdomTree, Inc. grew revenue faster over the last twelve months: 45.2% against 33.5%. WisdomTree, Inc. has the higher net margin (16.5% vs −11,474.6%) and the higher return on invested capital (13.8% vs −111.5%). Across the 16 metrics below, WisdomTree, Inc. leads on 11 and Strive, Inc. on 5.

Valuation

Metric ASST WT Asset Management median
P/E n/m 25.75 13.35
P/S 189.41 4.32 3.01
P/B 2.49 6.42 0.91
Price to free cash flow n/m 14.04 7.27
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (82.76%) 3.88% 4.59%
Free cash flow yield (91.19%) 7.12% 4.88%

Profitability

Metric ASST WT Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin (9,606.28%) 39.95% 28.39%
Net margin (11,474.60%) 16.53% 11.89%
Free cash flow margin (17,270.45%) 30.74% 5.96%
Return on equity (300.68%) 26.78% 4.61%
Return on assets (141.33%) 7.09% 1.45%
Return on invested capital (111.48%) 13.75% 2.27%

Growth

Metric ASST WT Asset Management median
Revenue growth (TTM) 33.53% 45.17% 7.26%
EPS growth (last fiscal year) 1.95% 127.27% (5.64%)
Revenue growth, 5-year CAGR 131.15% 14.59% 11.84%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASST WT Asset Management median
Debt to equity 0.00 2.38 0.39
Current ratio 7.62 3.54 1.25
Net debt to EBITDA (0.82) 3.51 1.06

Dividend

Metric ASST WT Asset Management median
Dividend yield — 0.62% 6.43%
Payout ratio — 0.17 0.92

Size

Metric ASST WT Asset Management median
Market cap 2.62b 2.87b 677.66m

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