Siebert Financial Corp. (SIEB) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-126.5%

-$0.52

vs $1.97 price

Levered DCF

-$4.78

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.37

Distress zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	27×	9.58×	8×	-22.15×	14.5×	43.25×	78.64×	32.86×
P/B	1.59×	1.5×	0.89×	0.9×	1.47×	3.39×	7.95×	22.87×
P/S	1.5×	1.57×	0.9×	0.88×	1.08×	2.35×	6.16×	13.07×
EV / EBITDA	15.55×	5.26×	4.71×	-10.46×	10.11×	26.91×	50.58×	51.39×
Gross margin	92.6%	43.4%	51.5%	38.4%	38.9%	38.8%	45.5%	44.5%
Operating margin	6.4%	21.7%	26.1%	0.9%	9.8%	7.8%	10.5%	24.5%
Net margin	5.4%	16.5%	11.3%	-4.0%	7.5%	5.4%	7.6%	39.8%
Current ratio	1.1×	1.15×	1.07×	1.05×	1.02×	1.02×	1.03×	13.22×
Debt / equity	0.13×	0.08×	0.1×	0.19×	0.36×	0.33×	0.47×	0.01×
Interest coverage	13.31×	66.67×	68.92×	1×	18.23×	12.27×	33.37×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.6%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	49.4%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	5.7%	15.8%	11.2%	-4.1%	10.3%	7.8%	9.8%	69.7%
Return on invested capital	5.3%	14.3%	15.6%	0.5%	7.0%	7.9%	7.5%	42.4%
Return on assets	0.7%	2.6%	1.0%	-0.3%	0.4%	0.2%	0.6%	65.8%
Free cash flow yield	6.8%	6.7%	-11.8%	-60.6%	-2.6%	74.8%	8.4%	0.9%
Earnings yield	3.6%	10.5%	12.6%	-4.5%	7.0%	2.3%	1.2%	3.0%
Enterprise value	$130.9M	$100.5M	$63.8M	$29.9M	$86.5M	$137.5M	$274.2M	$385.6M
Net debt / EBITDA	-1.28×	-1.35×	0.12×	4.98×	1.62×	1.73×	1.98×	-0.94×
Cash conversion cycle (days)	-12,364	-1,444	-2,769	-3,367	-2,848	-3,423	-4,089	25