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SSSS

SuRo Capital NasdaqGS:SSSS Stock Report

Last Price

US$6.58

Market Cap

US$199.5m

7D

-1.1%

1Y

-53.8%

Updated

07 Aug, 2022

Data

Company Financials
SSSS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends2/6

SSSS Stock Overview

SuRo Capital Corp. is a business development company.

SuRo Capital Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SuRo Capital
Historical stock prices
Current Share PriceUS$6.58
52 Week HighUS$16.40
52 Week LowUS$6.25
Beta1.39
1 Month Change-2.23%
3 Month Change-16.18%
1 Year Change-53.76%
3 Year Change4.28%
5 Year Change48.37%
Change since IPO-54.93%

Recent News & Updates

Aug 03

SuRo Capital GAAP EPS of -$3.08, revenue of $0.89M

SuRo Capital press release (NASDAQ:SSSS): Q2 GAAP EPS of -$3.08. Revenue of $0.89M (+229.6% Y/Y).

Shareholder Returns

SSSSUS Capital MarketsUS Market
7D-1.1%1.3%1.0%
1Y-53.8%-17.1%-12.9%

Return vs Industry: SSSS underperformed the US Capital Markets industry which returned -17.1% over the past year.

Return vs Market: SSSS underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is SSSS's price volatile compared to industry and market?
SSSS volatility
SSSS Average Weekly Movement4.8%
Capital Markets Industry Average Movement0.5%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: SSSS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SSSS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20109Mark 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$199.54m
Earnings (TTM)-US$68.17m
Revenue (TTM)US$2.38m

83.9x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SSSS income statement (TTM)
RevenueUS$2.38m
Cost of RevenueUS$0
Gross ProfitUS$2.38m
Other ExpensesUS$70.55m
Earnings-US$68.17m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.25
Gross Margin100.00%
Net Profit Margin-2,866.25%
Debt/Equity Ratio26.1%

How did SSSS perform over the long term?

See historical performance and comparison

Dividends

121.6%

Current Dividend Yield

-224%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SSSS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SSSS?

Other financial metrics that can be useful for relative valuation.

SSSS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue50.4x
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does SSSS's PB Ratio compare to its peers?

SSSS PB Ratio vs Peers
The above table shows the PB ratio for SSSS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average3239.2x
SAMG Silvercrest Asset Management Group
1.9x7.0%US$258.5m
HYW Hywin Holdings
1.7x12.6%US$200.8m
VBOC Viscogliosi Brothers Acquisition
12705.1xn/aUS$206.1m
FNVT Finnovate Acquisition
248.2xn/aUS$212.0m
SSSS SuRo Capital
0.7xn/aUS$199.5m

Price-To-Book vs Peers: SSSS is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (3239.2x).


Price to Earnings Ratio vs Industry

How does SSSS's PE Ratio compare vs other companies in the US Capital Markets Industry?

Price-To-Book vs Industry: SSSS is expensive based on its Price-To-Book Ratio (0.7x) compared to the US Capital Markets industry average (-20.6x)


Price to Book Ratio vs Fair Ratio

What is SSSS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SSSS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SSSS's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SSSS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SSSS ($6.58) is trading below our estimate of fair value ($15.46)

Significantly Below Fair Value: SSSS is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.2%

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.


Discover growth companies

  • Examine whether SuRo Capital is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has SuRo Capital performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SSSS is currently unprofitable.

Growing Profit Margin: SSSS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SSSS is unprofitable, but has reduced losses over the past 5 years at a rate of 46.4% per year.

Accelerating Growth: Unable to compare SSSS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SSSS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (53.7%).


Return on Equity

High ROE: SSSS has a negative Return on Equity (-24.33%), as it is currently unprofitable.


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Financial Health

How is SuRo Capital's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SSSS's short term assets ($177.9M) exceed its short term liabilities ($5.6M).

Long Term Liabilities: SSSS's short term assets ($177.9M) exceed its long term liabilities ($76.3M).


Debt to Equity History and Analysis

Debt Level: SSSS has more cash than its total debt.

Reducing Debt: SSSS's debt to equity ratio has reduced from 33.5% to 26.1% over the past 5 years.

Debt Coverage: SSSS's debt is well covered by operating cash flow (72.1%).

Interest Coverage: Insufficient data to determine if SSSS's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


121.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SSSS's dividend (121.58%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: SSSS's dividend (121.58%) is in the top 25% of dividend payers in the US market (4.09%)


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 6 years.


Earnings Payout to Shareholders

Earnings Coverage: SSSS is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (460.3%), SSSS's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Mark Klein (60 yo)

5yrs

Tenure

US$7,546,083

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 ($USD7.55M) is above average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SSSS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SSSS's board of directors are considered experienced (7.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 diluted in the past year, with total shares outstanding growing by 14.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: SuRo Capital Corp.
  • Ticker: SSSS
  • Exchange: NasdaqGS
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$199.540m
  • Shares outstanding: 30.33m
  • 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 Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.