NasdaqCM:SIEB

Stock Analysis Report

Executive Summary

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses.

Snowflake

Fundamentals

Solid track record and overvalued.


Similar Companies

Share Price & News

How has Siebert Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

SIEB

2.7%

US Capital Markets

1.8%

US Market


1 Year Return

-34.6%

SIEB

1.9%

US Capital Markets

7.3%

US Market

Return vs Industry: SIEB underperformed the US Capital Markets industry which returned 1.9% over the past year.

Return vs Market: SIEB underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

SIEBIndustryMarket
7 Day1.5%2.7%1.8%
30 Day2.1%-4.0%-0.7%
90 Day-14.0%-2.5%0.06%
1 Year-34.6%-34.6%4.2%1.9%9.7%7.3%
3 Year633.6%633.6%50.9%42.5%46.3%36.9%
5 Year403.7%334.7%77.0%60.7%64.5%46.5%

Price Volatility Vs. Market

How volatile is Siebert Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Siebert Financial undervalued compared to its fair value and its price relative to the market?

24.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SIEB ($9.39) is trading above our estimate of fair value ($1.48)

Significantly Undervalued: SIEB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SIEB is good value based on its PE Ratio (24.4x) compared to the Capital Markets industry average (39.4x).

PE vs Market: SIEB is poor value based on its PE Ratio (24.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SIEB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SIEB is overvalued based on its PB Ratio (13.3x) compared to the US Capital Markets industry average (6.5x).


Next Steps

Future Growth

How is Siebert Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIEB's forecast earnings growth (1.8% per year) is below the savings rate (2.7%).

Earnings vs Market: SIEB's earnings (1.8% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: SIEB's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if SIEB's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SIEB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SIEB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Siebert Financial performed over the past 5 years?

68.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SIEB has become profitable over the past 5 years, growing earnings by 68.6% per year.

Accelerating Growth: SIEB's earnings growth over the past year (100.3%) exceeds its 5-year average (68.6% per year).

Earnings vs Industry: SIEB earnings growth over the past year (100.3%) exceeded the Capital Markets industry 31.4%.


Return on Equity

High ROE: SIEB's Return on Equity (54.6%) is considered outstanding.


Return on Assets

ROA vs Industry: SIEB has a higher Return on Assets than the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate SIEB's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Siebert Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: SIEB has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SIEB's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: SIEB's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SIEB has a sufficient allowance for bad loans.

Low Risk Liabilities: SIEB reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SIEB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SIEB has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SIEB has an appropriate level of bad loans.


Next Steps

Dividend

What is Siebert Financial's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.7%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SIEB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SIEB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SIEB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SIEB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SIEB is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SIEB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Siebert Financial's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Siebert Financial has no CEO, or we have no data on them.


Board Age and Tenure

2.8yrs

Average Tenure

74yo

Average Age

Experienced Board: SIEB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$95,00027 Sep 19
Kennedy Cabot Acquisition, LLC
EntityCompany
Shares50,000
Max PriceUS$1.90
SellUS$95,00004 Apr 19
Kennedy Cabot Acquisition, LLC
EntityCompany
Shares50,000
Max PriceUS$1.90

Ownership Breakdown


Management Team

  • Andrew Reich (63yo)

    Executive VP

    • Tenure: 2.8yrs
    • Compensation: US$230.00k
  • Yesenia Berdugo

    Investor relation

    • Tenure: 0yrs

Board Members

  • Gloria Gebbia (76yo)

    Director

    • Tenure: 2.8yrs
  • Andrew Reich (63yo)

    Executive VP

    • Tenure: 2.8yrs
    • Compensation: US$230.00k
  • Charles Zabatta (76yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$125.00k
  • Francis Cuttita (50yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$125.00k
  • Jerry Schneider (74yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$125.00k
  • John Gebbia

    Special Adviser to the Board of Directors

    • Tenure: 2.7yrs

Company Information

Siebert Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Siebert Financial Corp.
  • Ticker: SIEB
  • Exchange: NasdaqCM
  • Founded: 1934
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: US$255.006m
  • Shares outstanding: 27.16m
  • Website: https://www.siebertnet.com

Number of Employees


Location

  • Siebert Financial Corp.
  • 120 Wall Street
  • New York
  • New York
  • 10005
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIEBNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 1996
STFBST (Boerse-Stuttgart)YesCommon StockDEEURNov 1996

Biography

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses. The company offers online and traditional brokerage, and related services to  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:40
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.