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SSSS

SuRo CapitalNasdaqCM:SSSS Stock Report

Market Cap

US$338.3m

7D

1.3%

1Y

-0.8%

Updated

24 Sep, 2021

Data

Company Financials +
SSSS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

SSSS Overview

SuRo Capital Corp. is a business development company.

Price History & Performance

Summary of all time highs, changes and price drops for SuRo Capital
Historical stock prices
Current Share PriceUS$12.87
52 Week HighUS$8.03
52 Week LowUS$16.40
Beta1.52
1 Month Change1.18%
3 Month Change-7.08%
1 Year Change-0.85%
3 Year Change86.25%
5 Year Change172.67%
Change since IPO-11.85%

Recent News & Updates

Aug 31

Investing Like A VC Fund With SuRo Capital Corp.

SuRo Capital has a unique regulatory structure and represents a smart way to gain exposure to a VC-like business with good upside potential. The long track record, along with strong investment strategy and process, is a competitive advantage and the market started appreciating it. The company has a great balance sheet, with a strong cash position and zero debt. The stock has a potential upside of more than 50% from the current price.

May 05

SuRo Capital declares $2.50 dividend

SuRo Capital (SSSS) declares $2.50/share special dividend.Payable June 30; for shareholders of record May 18; ex-div May 17.See SSSS Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

SSSSUS Capital MarketsUS Market
7D1.3%-0.6%-0.5%
1Y-0.8%68.1%37.5%

Return vs Industry: SSSS underperformed the US Capital Markets industry which returned 68.1% over the past year.

Return vs Market: SSSS underperformed the US Market which returned 37.5% over the past year.

Price Volatility

Is SSSS's price volatile compared to industry and market?
SSSS volatility
SSSS Beta1.52
Industry Beta1.19
Market Beta1

Stable Share Price: SSSS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SSSS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20107Mark Kleinhttps://www.surocap.com

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.

SuRo Capital Fundamentals Summary

How do SuRo Capital's earnings and revenue compare to its market cap?
SSSS fundamental statistics
Market CapUS$338.32m
Earnings (TTM)US$218.56m
Revenue (TTM)US$1.90m

1.6x

P/E Ratio

180.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SSSS income statement (TTM)
RevenueUS$1.90m
Cost of RevenueUS$0
Gross ProfitUS$1.90m
Expenses-US$216.66m
EarningsUS$218.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.23
Gross Margin100.00%
Net Profit Margin11,521.13%
Debt/Equity Ratio0%

How did SSSS perform over the long term?

See historical performance and comparison

Dividends

40.8%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is SuRo Capital undervalued compared to its fair value and its price relative to the market?

1.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SSSS ($12.87) is trading above our estimate of fair value ($11.53)

Significantly Below Fair Value: SSSS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SSSS is good value based on its PE Ratio (1.6x) compared to the US Capital Markets industry average (15.2x).

PE vs Market: SSSS is good value based on its PE Ratio (1.6x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SSSS is good value based on its PB Ratio (0.8x) compared to the US Capital Markets industry average (61.2x).


Future Growth

How is SuRo Capital forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SuRo Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has SuRo Capital performed over the past 5 years?

80.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSSS has a high level of non-cash earnings.

Growing Profit Margin: SSSS's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: SSSS has become profitable over the past 5 years, growing earnings by 80.4% per year.

Accelerating Growth: SSSS's earnings growth over the past year (3797.1%) exceeds its 5-year average (80.4% per year).

Earnings vs Industry: SSSS earnings growth over the past year (3797.1%) exceeded the Capital Markets industry 78.6%.


Return on Equity

High ROE: SSSS's Return on Equity (49.7%) is considered outstanding.


Financial Health

How is SuRo Capital's financial position?


Financial Position Analysis

Short Term Liabilities: SSSS's short term assets ($131.5M) exceed its short term liabilities ($1.7M).

Long Term Liabilities: SSSS's short term assets ($131.5M) exceed its long term liabilities ($462.8K).


Debt to Equity History and Analysis

Debt Level: SSSS is debt free.

Reducing Debt: SSSS has no debt compared to 5 years ago when its debt to equity ratio was 31.1%.

Debt Coverage: SSSS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SSSS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is SuRo Capital current dividend yield, its reliability and sustainability?

40.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSSS's dividend (40.79%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: SSSS's dividend (40.79%) is in the top 25% of dividend payers in the US market (3.59%)


Stability and Growth of Payments

Stable Dividend: SSSS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SSSS's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.5%), SSSS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Mark Klein (59 yo)

4.08yrs

Tenure

US$4,000,425

Compensation

Mr. Mark David Klein has been a Director of Churchill Capital Corp VI since February 17, 2021. He has been Director at Course Hero, Inc. Mr. David Klein is the President and Chief Executive Officer of Sutt...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD4.00M) is above average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SSSS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: SSSS's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SSSS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.5%.


Top Shareholders

Company Information

SuRo Capital Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: SuRo Capital Corp.
  • Ticker: SSSS
  • Exchange: NasdaqCM
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$338.321m
  • Shares outstanding: 26.56m
  • Website: https://www.surocap.com

Number of Employees


Location

  • SuRo Capital Corp.
  • One Sansome Street
  • Suite 730
  • San Francisco
  • California
  • 94104
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 22:20
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.