회사 개요
SuRo Capital Corp. operates within the financial services sector, specifically functioning as an asset management firm that provides venture capital, mezzanine financing, and secondary investments alongside business development services. The company focuses its investment strategy on growth capital for emerging and late-stage private enterprises, with a specific preference for sectors including energy and utilities, consumer markets, technology, media, and communications. SuRo Capital Corp. maintains a market capitalization of $308.97M and employs 9 individuals to execute its business model. Despite generating $1.69M in annual revenue, the company's market cap of $308.97M suggests a significant market valuation that diverges substantially from its current operational scale, indicating that the stock price is heavily influenced by future growth expectations rather than current cash flow generation.
재무 건전성
The company reported a net income of $48.81M against a revenue base of $1.69M for the trailing twelve months, while EBITDA data is not available for analysis. This substantial gap where net income significantly exceeds revenue reveals an anomalous cost structure where operating expenses appear to be negative or where non-operating income heavily influences the bottom line, creating a financial profile distinct from traditional asset management firms. The firm reported a free cash flow of $-7,823,848, indicating that current operational activities are consuming cash, which suggests limited financial flexibility for capital allocation without external financing. Margin analysis shows a gross margin of 100.0%, implying no cost of goods sold relative to revenue, an operating margin of -779.3% which highlights significant operational losses before interest and taxes, and a profit margin of 2894.4% which reflects the high net income relative to sales. On the balance sheet, the company holds $49.03M in cash while carrying $70.15M in debt, resulting in a debt-to-equity ratio of 34.17 which indicates a highly leveraged position. The current ratio stands at 69.34, suggesting an extremely strong short-term liquidity position where current assets far exceed current liabilities. Return on Equity is reported at 26.9% while Return on Assets is -2.9%, revealing that management is generating high returns on shareholder capital despite the company's assets generating a negative return, a divergence often seen in highly leveraged capital structures.
밸류에이션 평가
The trailing twelve months P/E ratio is 6.58, whereas the forward P/E is -16.90, implying that the market expects a significant decline in earnings or that future earnings projections are negative due to the current financial structure. The price-to-book ratio is 1.50, indicating that the market values the company at 1.5 times its book value, suggesting a moderate premium over the net asset value of the firm. Alternative valuation metrics include a price-to-sales ratio of 183.22 and an EV/EBITDA ratio that is not available for comparison. The stock has a 52-week high of $12.49 and a 52-week low of $4.29, meaning the current trading price sits within this historical range but requires the specific current price to calculate the exact percentage deviation from the high. The beta value is 1.30, which indicates that the stock price volatility is 30% higher than the broader market, making it more sensitive to market fluctuations than a typical benchmark index.
Growth & Income
Revenue growth year-over-year is -54.4%, while earnings growth is not available for calculation due to the absence of comparative prior year data. The decline in revenue suggests a contraction in business volume or fee income, yet the reported net income remains positive, creating a complex growth dynamic where profitability does not align with top-line expansion. The company offers a dividend yield of 4.3% with a payout ratio of 28.1%, indicating that the dividend payments cover a small portion of reported earnings, which theoretically supports sustainability given the high profit margin. Given the anomalous financial ratios and negative free cash flow, the reliance on dividends must be viewed with caution as the payout ratio is derived from net income that includes non-operating factors. The overall profile presents a company with high dividend yield but negative revenue growth and negative operating margins, highlighting a financial situation that relies heavily on valuation metrics rather than traditional growth and profitability indicators.