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Sutter Rock Capital

Nasdaq:SSSS
Snowflake Description

Good value with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SSSS
Nasdaq
$98M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
  • Sutter Rock Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Sutter Rock Capital has significant price volatility in the past 3 months.
SSSS Share Price and Events
7 Day Returns
57.1%
NasdaqCM:SSSS
12.8%
US Capital Markets
10.5%
US Market
1 Year Returns
-25.2%
NasdaqCM:SSSS
-11.4%
US Capital Markets
-11.5%
US Market
SSSS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sutter Rock Capital (SSSS) 57.1% -2.7% -13.6% -25.2% 26.6% -41.9%
US Capital Markets 12.8% -19% -23.9% -11.4% -0.1% 19.9%
US Market 10.5% -15.4% -21.4% -11.5% 5.4% 18.1%
1 Year Return vs Industry and Market
  • SSSS underperformed the Capital Markets industry which returned -11.4% over the past year.
  • SSSS underperformed the Market in United States of America which returned -11.5% over the past year.
Price Volatility
SSSS
Industry
5yr Volatility vs Market

Value

 Is Sutter Rock Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sutter Rock Capital to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sutter Rock Capital.

NasdaqCM:SSSS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $9.99 * 3.1%
$0.31
Book Value of Equity per Share Median Book Value from the past 5 years. $9.99
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:SSSS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.754 (1 + (1- 21%) (40.3%))
0.996
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.996 * 5.44%)
7.16%

Discounted Cash Flow Calculation for NasdaqCM:SSSS using Excess Returns Model Model

The calculations below outline how an intrinsic value for Sutter Rock Capital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:SSSS Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.1% – 7.16%) * $9.99)
$-0.40
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.40 / (7.16% - 1.74%)
$-7.47
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $9.99 + $-7.47
$2.53
NasdaqCM:SSSS Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.53
Current discount Discount to share price of $5.67
= -1 x ($5.67 - $2.53) / $2.53
-124.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Sutter Rock Capital is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sutter Rock Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sutter Rock Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:SSSS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $1.24
NasdaqCM:SSSS Share Price ** NasdaqCM (2020-03-27) in USD $5.67
United States of America Capital Markets Industry PE Ratio Median Figure of 88 Publicly-Listed Capital Markets Companies 29.11x
United States of America Market PE Ratio Median Figure of 2,939 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sutter Rock Capital.

NasdaqCM:SSSS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:SSSS Share Price ÷ EPS (both in USD)

= 5.67 ÷ 1.24

4.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sutter Rock Capital is good value based on earnings compared to the US Capital Markets industry average.
  • Sutter Rock Capital is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Sutter Rock Capital's expected growth come at a high price?
Raw Data
NasdaqCM:SSSS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
10.4%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 2.05x
United States of America Market PEG Ratio Median Figure of 2,005 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

NasdaqCM:SSSS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.58x ÷ 10.4%

0.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sutter Rock Capital is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Sutter Rock Capital's assets?
Raw Data
NasdaqCM:SSSS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $11.38
NasdaqCM:SSSS Share Price * NasdaqCM (2020-03-27) in USD $5.67
United States of America Capital Markets Industry PB Ratio Median Figure of 164 Publicly-Listed Capital Markets Companies 6.66x
United States of America Market PB Ratio Median Figure of 5,148 Publicly-Listed Companies 1.26x
NasdaqCM:SSSS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SSSS Share Price ÷ Book Value per Share (both in USD)

= 5.67 ÷ 11.38

0.5x

* Primary Listing of Sutter Rock Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sutter Rock Capital is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Sutter Rock Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Sutter Rock Capital has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sutter Rock Capital expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sutter Rock Capital expected to grow at an attractive rate?
  • Sutter Rock Capital's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Sutter Rock Capital's earnings growth is positive but not above the United States of America market average.
  • Sutter Rock Capital's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:SSSS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:SSSS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 10.4%
NasdaqCM:SSSS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -10.8%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:SSSS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:SSSS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1 29 1
2020-12-31 1 28 1
2020-03-29
NasdaqCM:SSSS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1 35 24
2019-09-30 2 16 7
2019-06-30 1 19 2
2019-03-31 2 -6 11
2018-12-31 2 10 1
2018-09-30 1 80 14
2018-06-30 1 88 23
2018-03-31 1 76 21
2017-12-31 1 57 18
2017-09-30 1 -12 -11
2017-06-30 1 -3 -24
2017-03-31 1 -2 -46

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sutter Rock Capital's earnings are expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
  • Sutter Rock Capital's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:SSSS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Sutter Rock Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SSSS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.27 1.27 1.27 1.00
2020-12-31 1.20 1.20 1.20 1.00
2020-03-29
NasdaqCM:SSSS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 1.24
2019-09-30 0.33
2019-06-30 0.08
2019-03-31 0.55
2018-12-31 0.04
2018-09-30 0.65
2018-06-30 1.09
2018-03-31 0.96
2017-12-31 0.80
2017-09-30 -0.52
2017-06-30 -1.07
2017-03-31 -2.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sutter Rock Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sutter Rock Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sutter Rock Capital has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sutter Rock Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sutter Rock Capital's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sutter Rock Capital has delivered over 20% year on year earnings growth in the past 5 years.
  • Sutter Rock Capital's 1-year earnings growth exceeds its 5-year average (2586.2% vs 21.7%)
  • Sutter Rock Capital's earnings growth has exceeded the US Capital Markets industry average in the past year (2586.2% vs 10.6%).
Earnings and Revenue History
Sutter Rock Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sutter Rock Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SSSS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1.50 23.95 8.54
2019-09-30 1.63 6.51 4.04
2019-06-30 1.49 1.58 2.40
2019-03-31 1.60 11.09 4.24
2018-12-31 1.62 0.89 9.22
2018-09-30 1.06 13.64 13.66
2018-06-30 0.99 23.38 16.40
2018-03-31 0.76 20.75 16.94
2017-12-31 0.85 17.57 16.98
2017-09-30 1.49 -11.44 10.22
2017-06-30 1.40 -23.78 7.75
2017-03-31 0.97 -46.26 2.91
2016-12-31 0.74 -74.99 -2.73
2016-09-30 0.20 -61.64 2.15
2016-06-30 0.16 -50.51 3.23
2016-03-31 0.33 -33.15 8.03
2015-12-31 0.29 8.47 21.14
2015-09-30 0.25 19.36 22.13
2015-06-30 0.23 16.52 24.91
2015-03-31 0.20 14.52 24.26
2014-12-31 0.19 -2.06 17.07
2014-09-30 0.19 38.82 28.95
2014-06-30 0.17 38.52 24.38
2014-03-31 0.09 42.95 22.42
2013-12-31 0.05 35.38 20.71
2013-09-30 0.03 -5.54 10.16
2013-06-30 0.04 -18.25 10.10
2013-03-31 0.13 -27.24 9.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sutter Rock Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sutter Rock Capital used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if Sutter Rock Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sutter Rock Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sutter Rock Capital has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sutter Rock Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sutter Rock Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sutter Rock Capital's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sutter Rock Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sutter Rock Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sutter Rock Capital Company Filings, last reported 2 months ago.

NasdaqCM:SSSS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 199.92 38.80 44.86
2019-09-30 213.95 38.71 45.16
2019-06-30 211.13 38.62 54.42
2019-03-31 212.54 38.53 25.00
2018-12-31 195.38 38.43 28.18
2018-09-30 213.40 38.34 36.62
2018-06-30 217.15 88.10 93.49
2018-03-31 210.49 87.85 90.32
2017-12-31 204.76 68.38 59.84
2017-09-30 209.38 76.16 5.15
2017-06-30 202.11 75.94 2.60
2017-03-31 195.91 67.72 1.36
2016-12-31 192.13 67.51 8.33
2016-09-30 223.62 67.29 11.45
2016-06-30 226.78 70.58 2.46
2016-03-31 243.06 66.86 4.38
2015-12-31 268.01 66.65 13.35
2015-09-30 312.50 68.56 56.84
2015-06-30 303.65 68.53 8.05
2015-03-31 302.57 84.49 8.06
2014-12-31 285.90 83.80 3.47
2014-09-30 293.14 68.43 6.52
2014-06-30 287.13 83.54 4.19
2014-03-31 288.05 86.37 4.06
2013-12-31 287.97 68.34 7.22
2013-09-30 254.32 68.30 28.44
2013-06-30 248.61 0.00 4.63
2013-03-31 245.09 0.00 6.82
  • Sutter Rock Capital's level of debt (19.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (29.3% vs 19.4% today).
  • Debt is well covered by operating cash flow (90.2%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Sutter Rock Capital's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Sutter Rock Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sutter Rock Capital has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sutter Rock Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.47%
Current annual income from Sutter Rock Capital dividends.
If you bought $2,000 of Sutter Rock Capital shares you are expected to receive $169 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sutter Rock Capital's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.98%).
  • Sutter Rock Capital's dividend is above the markets top 25% of dividend payers in United States of America (5.45%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:SSSS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1949 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:SSSS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-29
NasdaqCM:SSSS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-10 0.480 8.737
2019-11-08 0.800 11.806
2019-11-06 0.800 11.875
2018-11-08 0.000 0.000
2018-11-07 0.000 0.000
2018-08-09 0.000 0.000
2018-08-08 0.000 0.000
2018-05-10 0.000 0.000
2018-05-08 0.000 0.000
2018-03-16 0.000 0.000
2018-03-13 0.000 0.000
2017-11-09 0.000 0.000
2017-11-08 0.000 0.000
2017-03-16 0.040 0.856
2016-11-09 0.040 0.778
2016-11-07 0.040 0.874
2016-08-09 0.040 0.824

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sutter Rock Capital has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Sutter Rock Capital only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Sutter Rock Capital's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sutter Rock Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sutter Rock Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sutter Rock Capital has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sutter Rock Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Klein
COMPENSATION $0
AGE 57
TENURE AS CEO 2.6 years
CEO Bio

Mr. Mark David Klein is a Director of Churchill Capital Corp II since 2019. He serves as a Director at Hof Village Llc. He serves as Director at Churchill Capital Corp III since February 2020. He is the President and Chief Executive Officer of Sutter Rock Capital Corp. since 2018 and since August 11, 2017 respectively. He has been a Director of Sutter Rock Capital Corp. since 2011. Since 2010, Mr. Klein has served as a Managing Member and Majority Partner of M. Klein & Company, LLC. Mr. Klein serves on the Board of Directors for Atlantic Alliance Partnership Corp. and has served as an investment adviser at B. Riley Wealth Management since April 2012. He has served as a consultant to GSV Asset Management, LLC, its external investment adviser, since 2012. Mr. Klein was a Director of National Holding Corporations from 2011 to 2014, where he also served as Chief Executive Officer and Co-Chairman from March 2013 to December 2014. He served as a director of New University Holdings Corp., from its inception in 2010 through August 2011, when New University Holdings Corp. merged with ePals, Inc. In addition, from April 2010 until May 2011, Mr. Klein served as the Chief Executive Officer and President and a Director of 57th Street General Acquisition Corp. until it completed a merger with Crumbs Bake Shop. Subsequently, Mr. Klein served as a member of the Board of Directors of Crumbs from May 2011 to March 2014. Mr. Klein served from 2007 until 2009 as the Chief Executive Officer, President and a director of Alternative Asset Management Acquisition Corporation, a special purpose acquisition company which completed a merger with Great American Group LLC. Mr. Klein served on the board of directors of Great American Group until August 2014. From 2007 to 2008, Mr. Klein served as the Chief Executive Officer of Hanover Group LLC, an indirect financial services subsidiary of Hanover Group. Mr. Klein served as Chairman of Ladenburg Thalmann & Co. Inc. From April 2005 to September 2006, he was Chief Executive Officer and President of Ladenburg Thalmann Financial Services, Inc., the parent of Ladenburg Thalmann & Co. Inc., and Chief Executive Officer of Ladenburg Thalmann Asset Management Inc., a subsidiary of Ladenburg Financial Services, Inc. Prior to joining Ladenburg Thalmann, from June 2000 to March 2005, Mr. Klein served as the Chief Executive Officer and President of NBGI Asset Management, Inc. and NBGI Securities, which were the U.S. subsidiaries of the National Bank of Greece. Mr. Klein has a Bachelor’s degree, with high distinction, in Business Administration from Emory University and an MBA from the J. L. Kellogg School of Management, Northwestern University.

CEO Compensation
  • Insufficient data for Mark to compare compensation growth.
  • Insufficient data for Mark to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Sutter Rock Capital management team in years:

2.6
Average Tenure
38
Average Age
  • The tenure for the Sutter Rock Capital management team is about average.
Management Team

Mark Klein

TITLE
President
AGE
57
TENURE
2.6 yrs

Luben Pampoulov

TITLE
Co-Founder & Co-Portfolio Manager
AGE
38
TENURE
8.9 yrs

Allison Green

TITLE
CFO, Treasurer
AGE
33
TENURE
0.9 yrs

Suzanne Craig

TITLE
Investor Relations Contact

Keri Findley

TITLE
Senior Managing Director

Kerry Wang

TITLE
VP of Finance & Controller

Nick Franco

TITLE
Vice President

Matt Hanson

TITLE
Investment Professional

Jackson Stone

TITLE
Investment Associate
Board of Directors Tenure

Average tenure and age of the Sutter Rock Capital board of directors in years:

7.1
Average Tenure
59
Average Age
  • The tenure for the Sutter Rock Capital board of directors is about average.
Board of Directors

Marc Mazur

TITLE
Director
COMPENSATION
$90K
AGE
60

Mark Klein

TITLE
President
AGE
57
TENURE
9.2 yrs

Ronnie Lott

TITLE
Director
COMPENSATION
$85K
AGE
59
TENURE
5 yrs

Lisa Westley

TITLE
Independent Director
TENURE
0.7 yrs

Len Potter

TITLE
Director
COMPENSATION
$90K
AGE
57
TENURE
9.2 yrs

Scott Bedford

TITLE
Member of Advisory Board

Richard Bradley

TITLE
Member of Advisory Board
AGE
61

Bob Grady

TITLE
Member of Advisory Board
AGE
62

Jonathan Mitchell

TITLE
Member of Advisory Board
AGE
38
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Sutter Rock Capital individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
25. Mar 20 Buy Robert Birch Individual 24. Mar 20 24. Mar 20 50,000 $4.42 $221,000
24. Mar 20 Buy Robert Birch Individual 20. Mar 20 23. Mar 20 85,000 $4.37 $354,800
17. Mar 20 Buy Robert Birch Individual 13. Mar 20 16. Mar 20 75,000 $5.32 $386,500
13. Mar 20 Buy Robert Birch Individual 11. Mar 20 12. Mar 20 91,081 $6.12 $547,966
11. Mar 20 Buy Robert Birch Individual 09. Mar 20 10. Mar 20 33,919 $6.19 $196,709
09. Mar 20 Buy Robert Birch Individual 05. Mar 20 06. Mar 20 90,000 $6.66 $595,900
02. Mar 20 Buy Robert Birch Individual 28. Feb 20 28. Feb 20 20,000 $5.81 $116,200
27. Feb 20 Buy Robert Birch Individual 25. Feb 20 26. Feb 20 75,000 $6.27 $465,250
14. Feb 20 Buy Robert Birch Individual 02. Jan 20 29. Jan 20 241,176 $6.94 $1,642,476
09. Jan 20 Buy Mark Klein Individual 08. Jan 20 09. Jan 20 18,508 $6.79 $124,957
17. Jun 19 Buy Mark Klein Individual 17. Jun 19 17. Jun 19 5,000 $6.68 $33,400
11. Jun 19 Buy Mark Klein Individual 10. Jun 19 11. Jun 19 30,000 $6.46 $193,260
X
Management checks
We assess Sutter Rock Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sutter Rock Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund operates as a Business development Company. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria. It seeks to invest in the technology subsectors of social/mobile marketplaces, sustainability, cloud computing and big data, social media, mobile computing and applications, software as a service, Internet commerce, green technology and education technology. The fund invests in the form of non-controlling equity and equity-related investments, including common stock, warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company’s common equity, and convertible debt securities with a significant equity component. It will invest in companies based in United States. It generally invests in companies with a market value of over $100 million. Typically, the firm exits its position within 18 months of going public, or 12 months after any relevant lock-up has expired.

Details
Name: Sutter Rock Capital Corp.
SSSS
Exchange: NasdaqCM
Founded: 2010
$98,242,003
17,326,632
Website: http://www.gsvcap.com
Address: Sutter Rock Capital Corp.
The Pioneer Building,
2925 Woodside Road,
Woodside,
California, 94062,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SSSS Common Stock Nasdaq Capital Market US USD 28. Apr 2011
DB 0GV Common Stock Deutsche Boerse AG DE EUR 28. Apr 2011
LSE 0IT6 Common Stock London Stock Exchange GB USD 28. Apr 2011
Number of employees
Current staff
Staff numbers
6
Sutter Rock Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 02:51
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.