GCM Grosvenor Inc. (GCMG) vs Sprott Inc. (SII)

GCM Grosvenor Inc. and Sprott Inc. are both Asset Management companies. Sprott Inc. is the larger, with a market value of $3.2B against $2.6B — 1.2× the size. GCM Grosvenor Inc. trades at the lower P/E: 16.7× against 30.5×. Sprott Inc. grew revenue faster over the last twelve months: 102.2% against −22.4%. Sprott Inc. has the higher net margin (26.4% vs 0.00%) and the higher return on invested capital (44.7% vs 28.1%). Both pay a dividend; GCM Grosvenor Inc. yields more (5.47% vs 2.72%). Across the 23 metrics below, Sprott Inc. leads on 12 and GCM Grosvenor Inc. on 11.

Valuation

Metric GCMG SII Asset Management median
P/E 16.72 30.48 14.62
P/S 1.88 8.02 2.97
P/B 6.51 8.17 0.94
Price to free cash flow 4.27 63.59 8.93
EV/EBITDA 6.69 20.65 10.32
EV/Sales 2.41 7.59 5.72
Earnings yield 5.98% 3.28% 4.53%
Free cash flow yield 23.40% 1.57% 4.65%

Profitability

Metric GCMG SII Asset Management median
Gross margin 0.00% 100.00% 100.00%
Operating margin 0.00% 36.07% 33.03%
Net margin 0.00% 26.36% 13.53%
Free cash flow margin 0.00% 34.94% 12.44%
Return on equity 87.47% 28.57% 4.83%
Return on assets 6.77% 22.06% 1.57%
Return on invested capital 28.07% 44.69% 3.04%

Growth

Metric GCMG SII Asset Management median
Revenue growth (TTM) (22.39%) 102.23% 6.97%
EPS growth (last fiscal year) 1,300.00% 36.65% —
Revenue growth, 5-year CAGR 3.69% 18.54% 12.13%
Net income growth, 5-year CAGR 16.13% 20.08% 0.00%

Health

Metric GCMG SII Asset Management median
Debt to equity 2.96 0.00 0.42
Current ratio 1.89 3.43 1.28
Net debt to EBITDA 1.42 (1.26) 1.06

Dividend

Metric GCMG SII Asset Management median
Dividend yield 5.47% 2.72% 6.92%
Payout ratio 0.83 0.73 0.77

Size

Metric GCMG SII Asset Management median
Market cap 2.56b 3.20b 721.34m

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