Siebert Financial Corp.

Siebert Financial Corp.

SIEBยทNASDAQ

$1.80

-2.2%
Financial ServicesFinancial - Capital Markets

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses in the United States and Internationally. It offers discount brokerage services, including self-directed trading, wealth management, financial advice, market making and fixed income investment, stock borrow, equity compensation plans, securities lending, equity stock plan, and market making services; independent retail execution services; and retail customer services. The company also offers self-directed retirement accounts, as well as lends customers a portion of the market value of marginable securities held in the customer's account. In addition, the company provides data technology platform that offers various services, such as email and messaging, market data systems and third party trading systems, business productivity tools, and customer relationship management systems. Further, it offers a Robo-Advisor platform that provides clients with an automated wealth management solution; and various insurance products, such as fixed annuities, personal insurance, property and casualty insurance, natural disaster insurance, and life and disability. The company has 12 branch offices in the United States. Siebert Financial Corp. was incorporated in 1934 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$73.69M
EPS0.1300
P/E Ratio13.85
Earnings Date05/15/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 13.8).

Valuation inputs: P/E 13.8, earnings yield +7.2%, momentum -2.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +5.7%, ROIC +5.3%).

Profitability stack: net margin +5.4%, ROE +5.7%, ROIC +5.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +88.3%, momentum -2.2%, net margin +5.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

sieb

Siebert Financial Corp. Market vs Earnings Trajectory

SIEB ยท NASDAQ
Current Price
$1.80
EPS (TTM)
$-0.14

Performance Analysis

EPS Growth

-158.9%

Declining earnings warrant investigation into business challenges and competitive position.

Price-EPS Relationship

Aligned

Both price and earnings are declining together, reflecting deteriorating business fundamentals.

Stock Price Change

-66.5%

Over the 1Y period, stock price has decreased by 66.5%.

P/E Ratio (TTM)

13.8x

Relatively low P/E may indicate undervaluation or lower growth expectations.

Siebert Financial Corp.

Siebert Financial Corp. Fair Value Envelope

SIEB ยท NASDAQ

Our analysis suggests that SIEB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.8, this represents a potential HIDDEN relative to our calculated worth for Siebert Financial Corp..

Intrinsic Value
Current Price: $1.8
3Y-312.0%
5Y+34.0%
10Y-152.0%
3Y+88.0%
5Y+72.0%
10Y+860.0%
3Y-357.0%
5Y+72.0%
10Y-192.0%
3Y-142.0%
5Y-89.0%
10Y-414.0%
3Y-136.0%
5Y-90.0%
10Y-391.0%
3Y+4.0%
5Y-45.0%
10Y+19791.0%
Siebert Financial Corp.

Siebert Financial Corp. Profit Bridge

SIEB ยท NASDAQ
Revenue94.20M
Cost of Goods Sold (6.95M)
Gross Profit87.25M
Operating Expenses (81.24M)
Operating Income6.02M
Interest Expense (452.00K)
Other Income/Expense-452.00K
Pretax Income5.57M
Income Tax (445.00K)
Net Income5.12M
Net Income
5.12M

Profitability Analysis

Gross Margin

92.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

6.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

5.4%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

8.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

92.63%
Gross Profit Margin
114%
3Y+141.0%
5Y+139.0%
10Y+124.0%
6.39%
Operating Profit Margin
-71%
3Y+627.0%
5Y-18.0%
10Y-89.0%
5.44%
Net Profit Margin
-67%
3Y-237.0%
5Y-
10Y-110.0%
5.74%
Return on Equity
-64%
3Y-241.0%
5Y-27.0%
10Y-102.0%
0.67%
Return on Assets
-74%
3Y-347.0%
5Y+211.0%
10Y-100.0%
5.30%
Return on Invested Capital
-63%
3Y+947.0%
5Y-33.0%
10Y-99.0%
SIEB

Siebert Financial Corp. Cash Conversion Engine

SIEB ยท NASDAQ
Net Income5.12M
Depreciation & Amortization2.40M
Stock-Based Compensation1.54M
Change in Working Capital919.00K
Others-1.75M
Capital Expenditures-632.00K
Free Cash Flow9.61M

Cash Flow Quality Analysis

FCF Conversion Rate

187.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

6.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+14.4%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

+$919.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

sieb

Siebert Financial Corp. Funding & Solvency Profile

SIEB ยท NASDAQ
Cash & Cash Equivalents16.16M
Net Receivables82.42M
Inventory0.00
Other Current Assets465.91M
Total Current Assets564 M
Property, Plant & Equipment12.19M
Goodwill & Intangible Assets2.38M
Long-Term Investments2.52M
Other Non-Current Assets12.09M
Total Non-Current Assets27 M
Total Assets
597.14M

Financial Health Analysis

Current Ratio

1.13x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

5.78x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

64 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

95% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

sieb

Siebert Financial Corp. Street Expectations Map

SIEB ยท NASDAQ

No Target Data

No analyst price targets available for sieb.

sieb

Siebert Financial Corp. Insider Positioning

SIEB ยท NASDAQ

During the last 12 months, there has been no insider trading activity reported for SIEB.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
ย 

sieb Dividend History

SIEB
10Y CAGR +24%
Latest $0.2
Annual $0.2
5 year growth trend
Last Period: +100%