Stocks/SBC

SBC

SBC Medical Group Holdings Incorporated
Industrials·Consulting Services
$3.21
$330M market cap
Revenue
$82.6M
Free Cash Flow
$74.0M
Rev Growth
+0.0%
FCF Margin
89.5%
P/FCF
4.5x
EV/FCF
2.5x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

SBC Medical Group Holdings Incorporated provides management services to cosmetic treatment centers in Japan, Vietnam, the United States, and internationally. The company offers advertising and marketing services; staff management services, such as recruitment and training; booking reservations for franchisee clinic customers; assistance with franchisee employee housing rentals and facility rentals; construction and design of franchisee clinics; medical equipment; and medical consumables procurem

2-Year Price History

$3.07-76.6%
$4.0$6.0$8.0$10$12$14volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q143.118.417.711.39.28.7-0.6167.320.5102.643.1%160.2x--
Act2025-Q439.619.312.914.266.265.3-0.9164.151.6102.625.9%344.0x--

Valuation & Metrics

Market Stats

Price$3.21
Market Cap$330M
Enterprise Value$183M
P/S Ratio4.0x
P/FCF4.5x
EV/FCF2.5x
FCF Margin (TTM)89.5%
FCF Yield22.4%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$82.6M
Net Income$25.5M
Free Cash Flow$74.0M

Revenue Growth (YoY)+0.0%
EBITDA Margin45.6%
Net Margin30.9%
FCF Margin89.5%
CapEx % of Revenue1.8%
SBC % of Revenue0.0%
ROIC34.5%
WC Change % Rev50.2%
Interest Coverage220.5x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.3M
Days to Cover1.3
Change (vs Prior)-7.8%
Need at least 2 settlement dates for chart

Employees

Headcount863
Revenue / Employee$95,744
Gross Profit / Employee$68,325

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
0.4%(+0.4% YoY)
41 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
1.4%(+1.4% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
1 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-092023-062024-032024-122025-092026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
BlackRock, Inc.Passive$1.8M$4.52−$29K+$1.8M-0.2%$5.69T
GEODE CAPITAL MANAGEMENT, LLCPassive$1.2M$4.41+$141K+$1.2M+2.3%$1.61T
VANGUARD CAPITAL MANAGEMENT LLCPassive$569K$4.18+$569K+$569K$4.04T
NORTHERN TRUST CORPPassive$381K$4.41+$41K+$381K-0.2%$755.34B
SEGALL BRYANT & HAMILL, LLC$340K$4.18+$340K+$340K-0.1%$8.06B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$266K$4.18+$266K+$266K$1.91T
VANGUARD FIDUCIARY TRUST COPassive$261K$4.18+$261K+$261K$395.83B
SBI Securities Co., Ltd.$188K$4.48−$12K+$119K+0.9%$3.62B
STATE STREET CORPPassive$129K$4.52+$5K+$129K-0.2%$2.89T
GOLDMAN SACHS GROUP INC$105K$4.24+$58K+$105K-0.2%$760.93B
Mariner, LLC$100K$4.18+$100K+$100K-0.1%$85.47B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC$76K$4.48−$38K+$76K+0.7%$645.81B
Lumbard & Kellner, LLC$72K$4.18+$72K+$72K+0.3%$289M
NEW YORK STATE COMMON RETIREMENT FUND$71K$4.64+$0+$71K+1.3%$71.52B
Williams & Novak, LLC$63K$4.31−$4K+$63K-1.2%$133M
Russell Investments Group, Ltd.$57K$4.30+$8K+$57K+1.5%$93.03B
AQR CAPITAL MANAGEMENT LLC$53K$4.34−$4K+$53K-0.2%$218.19B
Nuveen, LLC$52K$4.31+$0+$52K+0.0%$368.63B
Bank of New York Mellon Corp$43K$4.18+$43K+$43K-0.2%$543.21B
Vanguard Global Advisers, LLCPassive$36K$4.18+$36K+$36K$186.48B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.20%
avg per quarter
Holders (ex-self)
+0.20%
excl. this stock
Buyers (this Q)
-0.07%
23 buyers · $0.00B in
Sellers (this Q)
+0.04%
19 sellers · $0.00B out
alpha coverage: 81% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+21.1%
how holders react when this stock falls
On quiet Qs
-0.4%
−10% to +10% baseline
On rallies (+10%+)
-4.8%
how they react when this stock rises
Holders' portfolio flow this Q
+2.0%
inflows — adds are organic
Sellers' portfolio flow this Q
+5.0%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-2.0%
Holder mid (any stock)
-1.3%
Holder rally (any stock)
-2.4%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

01.4M2.8M4.2M5.6M$10$10$10$10$102022-092022-122023-03
hover the chart for per-quarter detailprice (right axis)
PERISCOPE CAPITAL INC.1.0MPolar Asset Management Partners Inc.786KARISTEIA CAPITAL LLC820KShaolin Capital Management LLC750KATW SPAC MANAGEMENT LLC495KWestchester Capital Management, LLC464KBOOTHBAY FUND MANAGEMENT, LLC459KRPO LLC427KHudson Bay Capital Management LP420KBANK OF MONTREAL /CAN/

Analyst Coverage

Analyst Coverage
Price Targets
Last Year (1 analysts)$9.0018040.0%
Current Price$3.21
Analyst Ratings
1
Buy: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Major holders (≥10% beneficial owners)
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$20.15M
3 txns · 1 insider · 7,987,900 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-04-28SELLAikawa Yoshiyukidirector, 10 percent owner, officer: Chairman and CEO465,000$3.02$1.41M$238.29M
2026-04-21SELLAikawa Yoshiyukidirector, 10 percent owner, officer: Chairman and CEO3,100,000$3.02$9.37M$239.70M
2026-03-06SELLAikawa Yoshiyukidirector, 10 percent owner, officer: Chairman and CEO4,422,900$2.12$9.38M$1.83M

Order Flow (FINRA, ~3w lag)

34.6%retail+7.4pp
14.3%dark+5.8pp
week of 2026-04-13
0%10%20%30%40%50%60%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.