SILVER SPIKE INVESTMENT CORP (SSIC) Stock Fundamental Analysis

NASDAQ:SSIC • US8281741020

10.735 USD
+0.09 (+0.89%)
Last: Oct 1, 2024, 08:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

SSIC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. SSIC is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SSIC has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • SSIC had positive earnings in the past year.
  • In the past year SSIC had a positive cash flow from operations.
SSIC Yearly Net Income VS EBIT VS OCF VS FCFSSIC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 0 2M 4M 6M

1.2 Ratios

  • SSIC has a better Return On Assets (6.20%) than 72.35% of its industry peers.
  • With a Return On Equity value of 6.63%, SSIC is not doing good in the industry: 60.83% of the companies in the same industry are doing better.
  • The Return On Invested Capital of SSIC (7.64%) is better than 79.26% of its industry peers.
Industry RankSector Rank
ROA 6.2%
ROE 6.63%
ROIC 7.64%
ROA(3y)-16.5%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
SSIC Yearly ROA, ROE, ROICSSIC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 0 50 -50

1.3 Margins

  • SSIC has a Profit Margin of 44.95%. This is amongst the best in the industry. SSIC outperforms 85.25% of its industry peers.
  • With an excellent Operating Margin value of 65.64%, SSIC belongs to the best of the industry, outperforming 96.31% of the companies in the same industry.
  • SSIC has a Gross Margin of 79.80%. This is amongst the best in the industry. SSIC outperforms 82.03% of its industry peers.
Industry RankSector Rank
OM 65.64%
PM (TTM) 44.95%
GM 79.8%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
SSIC Yearly Profit, Operating, Gross MarginsSSIC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 0 -1K -2K -3K -4K -5K

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, SSIC has about the same amount of shares outstanding.
  • SSIC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
SSIC Yearly Shares OutstandingSSIC Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2M 4M 6M
SSIC Yearly Total Debt VS Total AssetsSSIC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 20M 40M 60M 80M

2.2 Solvency

  • An Altman-Z score of 26.09 indicates that SSIC is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 26.09, SSIC belongs to the best of the industry, outperforming 99.54% of the companies in the same industry.
  • SSIC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 26.09
ROIC/WACCN/A
WACCN/A
SSIC Yearly LT Debt VS Equity VS FCFSSIC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 0 20M 40M 60M 80M

2.3 Liquidity

  • SSIC has a Current Ratio of 6.23. This indicates that SSIC is financially healthy and has no problem in meeting its short term obligations.
  • SSIC has a better Current ratio (6.23) than 86.64% of its industry peers.
  • A Quick Ratio of 6.23 indicates that SSIC has no problem at all paying its short term obligations.
  • SSIC's Quick ratio of 6.23 is amongst the best of the industry. SSIC outperforms 86.64% of its industry peers.
Industry RankSector Rank
Current Ratio 6.23
Quick Ratio 6.23
SSIC Yearly Current Assets VS Current LiabilitesSSIC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 20M 40M 60M 80M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.71% over the past year.
  • Looking at the last year, SSIC shows a very strong growth in Revenue. The Revenue has grown by 44.79%.
EPS 1Y (TTM)5.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.48%
Revenue 1Y (TTM)44.79%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.47%

3.2 Future

  • SSIC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.46% yearly.
  • The Revenue is expected to grow by 7.42% on average over the next years.
EPS Next Y-39.94%
EPS Next 2Y15.52%
EPS Next 3Y17.46%
EPS Next 5YN/A
Revenue Next Year3.87%
Revenue Next 2Y11.14%
Revenue Next 3Y7.42%
Revenue Next 5YN/A

3.3 Evolution

SSIC Yearly Revenue VS EstimatesSSIC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 5M 10M
SSIC Yearly EPS VS EstimatesSSIC Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 0 0.5 1 1.5

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 10.03, the valuation of SSIC can be described as very reasonable.
  • Based on the Price/Earnings ratio, SSIC is valued a bit cheaper than 68.66% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of SSIC to the average of the S&P500 Index (27.19), we can say SSIC is valued rather cheaply.
  • The Price/Forward Earnings ratio is 7.52, which indicates a rather cheap valuation of SSIC.
  • Based on the Price/Forward Earnings ratio, SSIC is valued cheaper than 85.71% of the companies in the same industry.
  • SSIC is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 10.03
Fwd PE 7.52
SSIC Price Earnings VS Forward Price EarningsSSIC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Price/Free Cash Flow ratio as SSIC.
Industry RankSector Rank
P/FCF 19.5
EV/EBITDA N/A
SSIC Per share dataSSIC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

  • A more expensive valuation may be justified as SSIC's earnings are expected to grow with 17.46% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.52%
EPS Next 3Y17.46%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • SSIC has a Yearly Dividend Yield of 9.32%, which is a nice return.
  • SSIC's Dividend Yield is a higher than the industry average which is at 6.24.
  • SSIC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 9.32%

5.2 History

  • SSIC is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
SSIC Yearly Dividends per shareSSIC Yearly Dividends per shareYearly Dividends per share 2023 2024 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 203.61% of the earnings are spent on dividend by SSIC. This is not a sustainable payout ratio.
DP203.61%
EPS Next 2Y15.52%
EPS Next 3Y17.46%
SSIC Yearly Income VS Free CF VS DividendSSIC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 0 2M 4M 6M 8M
SSIC Dividend Payout.SSIC Dividend Payout, showing the Payout Ratio.SSIC Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

SILVER SPIKE INVESTMENT CORP

NASDAQ:SSIC (10/1/2024, 8:00:00 PM)

10.735

+0.09 (+0.89%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)05-09
Earnings (Next)N/A
Inst Owners1.02%
Inst Owner Change26.02%
Ins Owners0.12%
Ins Owner Change0%
Market Cap244.97M
Revenue(TTM)12.42M
Net Income(TTM)5.58M
Analysts43.33
Price Target8.98 (-16.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.32%
Yearly Dividend1.33
Dividend Growth(5Y)N/A
DP203.61%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)33.53%
Min Revenue beat(2)13.68%
Max Revenue beat(2)53.38%
Revenue beat(4)4
Avg Revenue beat(4)18.58%
Min Revenue beat(4)0.83%
Max Revenue beat(4)53.38%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-22.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 10.03
Fwd PE 7.52
P/S 19.72
P/FCF 19.5
P/OCF 19.5
P/B 2.91
P/tB 2.91
EV/EBITDA N/A
EPS(TTM)1.07
EY9.97%
EPS(NY)1.43
Fwd EY13.3%
FCF(TTM)0.55
FCFY5.13%
OCF(TTM)0.55
OCFY5.13%
SpS0.54
BVpS3.69
TBVpS3.69
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 6.2%
ROE 6.63%
ROCE 9.67%
ROIC 7.64%
ROICexc 12.8%
ROICexgc 12.82%
OM 65.64%
PM (TTM) 44.95%
GM 79.8%
FCFM 101.14%
ROA(3y)-16.5%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion N/A
Profit Quality 224.99%
Current Ratio 6.23
Quick Ratio 6.23
Altman-Z 26.09
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%9.48%
EPS Next Y-39.94%
EPS Next 2Y15.52%
EPS Next 3Y17.46%
EPS Next 5YN/A
Revenue 1Y (TTM)44.79%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.47%
Revenue Next Year3.87%
Revenue Next 2Y11.14%
Revenue Next 3Y7.42%
Revenue Next 5YN/A
EBIT growth 1Y55.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1227.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1227.36%
OCF growth 3YN/A
OCF growth 5YN/A

SILVER SPIKE INVESTMENT CORP / SSIC FAQ

Can you provide the ChartMill fundamental rating for SILVER SPIKE INVESTMENT CORP?

ChartMill assigns a fundamental rating of 5 / 10 to SSIC.


Can you provide the valuation status for SILVER SPIKE INVESTMENT CORP?

ChartMill assigns a valuation rating of 6 / 10 to SILVER SPIKE INVESTMENT CORP (SSIC). This can be considered as Fairly Valued.


Can you provide the profitability details for SILVER SPIKE INVESTMENT CORP?

SILVER SPIKE INVESTMENT CORP (SSIC) has a profitability rating of 4 / 10.


What is the financial health of SILVER SPIKE INVESTMENT CORP (SSIC) stock?

The financial health rating of SILVER SPIKE INVESTMENT CORP (SSIC) is 9 / 10.


Is the dividend of SILVER SPIKE INVESTMENT CORP sustainable?

The dividend rating of SILVER SPIKE INVESTMENT CORP (SSIC) is 3 / 10 and the dividend payout ratio is 203.61%.