DeFi Development Corp. (DFDV) vs Silvercrest Asset Management Group Inc. (SAMG)

DeFi Development Corp. and Silvercrest Asset Management Group Inc. are both Asset Management companies. DeFi Development Corp. and Silvercrest Asset Management Group Inc. are of similar size ($135.7M and $126.3M). DeFi Development Corp. has negative trailing earnings, so its P/E is not meaningful; Silvercrest Asset Management Group Inc. trades at 96.3×. DeFi Development Corp. grew revenue faster over the last twelve months: 328.6% against 0.80%. Silvercrest Asset Management Group Inc. has the higher net margin (0.72% vs −1,319.5%) and the higher return on invested capital (2.50% vs −79.9%). Across the 17 metrics below, Silvercrest Asset Management Group Inc. leads on 11 and DeFi Development Corp. on 6.

Valuation

Metric DFDV SAMG Asset Management median
P/E n/m 96.27 13.99
P/S 6.83 0.65 2.76
P/B n/m 1.05 0.85
Price to free cash flow n/m 9.21 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (271.62%) 1.04% 4.72%
Free cash flow yield (139.75%) 10.86% 4.44%

Profitability

Metric DFDV SAMG Asset Management median
Gross margin 97.76% 100.00% 100.00%
Operating margin (866.51%) 2.13% 33.42%
Net margin (1,319.46%) 0.72% 13.37%
Free cash flow margin (954.86%) 7.05% 12.36%
Return on equity (589.29%) 1.02% 4.79%
Return on assets (128.23%) 0.62% 1.55%
Return on invested capital (79.93%) 2.50% 2.97%

Growth

Metric DFDV SAMG Asset Management median
Revenue growth (TTM) 328.61% 0.80% 7.42%
EPS growth (last fiscal year) (1,335.75%) (44.00%) (6.67%)
Revenue growth, 5-year CAGR 48.79% 3.02% 12.51%
Net income growth, 5-year CAGR 0.00% (13.28%) 0.00%

Health

Metric DFDV SAMG Asset Management median
Debt to equity (10.02) 0.12 0.44
Current ratio 1.27 0.79 1.30
Net debt to EBITDA (3.50) (3.41) 1.02

Dividend

Metric DFDV SAMG Asset Management median
Dividend yield — 7.93% 6.60%
Payout ratio — 7.64 0.94

Size

Metric DFDV SAMG Asset Management median
Market cap 135.70m 126.30m 694.86m

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