SARATOGA INVESTMENT CORP (SAR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAR - US80349A2087 - Common Stock
23.1 USD
-0.42 (-1.79%)
SAR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. The financial health of SAR is average, but there are quite some concerns on its profitability. SAR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- SAR had positive earnings in the past year.
- SAR had a negative operating cash flow in the past year.
- Each year in the past 5 years SAR has been profitable.
- In the past 5 years SAR reported 4 times negative operating cash flow.
1.2 Ratios
- SAR's Return On Assets of 3.22% is in line compared to the rest of the industry. SAR outperforms 54.20% of its industry peers.
- The Return On Equity of SAR (9.33%) is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 2.49%, SAR is doing worse than 60.08% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for SAR is below the industry average of 7.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 9.33% | ||
| ROIC | 2.49% |
ROA(3y)1.8%
ROA(5y)2.62%
ROE(3y)5.56%
ROE(5y)6.88%
ROIC(3y)3.34%
ROIC(5y)3%
1.3 Margins
- With a decent Profit Margin value of 30.62%, SAR is doing good in the industry, outperforming 76.47% of the companies in the same industry.
- SAR's Profit Margin has declined in the last couple of years.
- SAR has a Operating Margin of 29.55%. This is comparable to the rest of the industry: SAR outperforms 59.66% of its industry peers.
- SAR's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 37.43%, SAR is doing worse than 60.50% of the companies in the same industry.
- In the last couple of years the Gross Margin of SAR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.55% | ||
| PM (TTM) | 30.62% | ||
| GM | 37.43% |
OM growth 3Y8.45%
OM growth 5Y5.8%
PM growth 3Y-33.67%
PM growth 5Y-27.68%
GM growth 3Y5.15%
GM growth 5Y4.57%
2. Health
2.1 Basic Checks
- Compared to 1 year ago, SAR has more shares outstanding
- Compared to 5 years ago, SAR has more shares outstanding
- The debt/assets ratio for SAR has been reduced compared to a year ago.
2.2 Solvency
- SAR has an Altman-Z score of 0.63. This is a bad value and indicates that SAR is not financially healthy and even has some risk of bankruptcy.
- SAR has a Altman-Z score (0.63) which is in line with its industry peers.
- A Debt/Equity ratio of 1.87 is on the high side and indicates that SAR has dependencies on debt financing.
- SAR has a worse Debt to Equity ratio (1.87) than 77.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.63 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- SAR has a Current Ratio of 11.66. This indicates that SAR is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of SAR (11.66) is better than 93.28% of its industry peers.
- SAR has a Quick Ratio of 11.66. This indicates that SAR is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 11.66, SAR belongs to the best of the industry, outperforming 93.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.66 | ||
| Quick Ratio | 11.66 |
3. Growth
3.1 Past
- SAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 187.32%, which is quite impressive.
- SAR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.46% yearly.
- SAR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.68%.
- SAR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.56% yearly.
EPS 1Y (TTM)187.32%
EPS 3Y-20.24%
EPS 5Y-18.46%
EPS Q2Q%16.26%
Revenue 1Y (TTM)-18.68%
Revenue growth 3Y28.14%
Revenue growth 5Y20.56%
Sales Q2Q%-2.34%
3.2 Future
- SAR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.43% yearly.
- Based on estimates for the next years, SAR will show a decrease in Revenue. The Revenue will decrease by -7.61% on average per year.
EPS Next Y42.66%
EPS Next 2Y7.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-15.8%
Revenue Next 2Y-7.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 11.32, the valuation of SAR can be described as very reasonable.
- 63.87% of the companies in the same industry are more expensive than SAR, based on the Price/Earnings ratio.
- SAR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.94.
- SAR is valuated reasonably with a Price/Forward Earnings ratio of 9.81.
- SAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SAR is cheaper than 76.05% of the companies in the same industry.
- SAR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y7.43%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 12.48%, SAR is a good candidate for dividend investing.
- SAR's Dividend Yield is rather good when compared to the industry average which is at 6.10. SAR pays more dividend than 81.51% of the companies in the same industry.
- SAR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.48% |
5.2 History
- The dividend of SAR is nicely growing with an annual growth rate of 9.46%!
- SAR has paid a dividend for at least 10 years, which is a reliable track record.
- SAR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.46%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- SAR pays out 134.05% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of SAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP134.05%
EPS Next 2Y7.43%
EPS Next 3YN/A
NYSE:SAR (1/20/2026, 8:18:12 PM)
23.1
-0.42 (-1.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-06 2026-01-06/amc
Earnings (Next)05-05 2026-05-05/amc
Inst Owners15.21%
Inst Owner Change-1.38%
Ins Owners10.27%
Ins Owner Change-0.61%
Market Cap371.91M
Revenue(TTM)125.89M
Net Income(TTM)38.54M
Analysts67.69
Price Target23.68 (2.51%)
Short Float %2.99%
Short Ratio4.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.48% |
Yearly Dividend2.83
Dividend Growth(5Y)9.46%
DP134.05%
Div Incr Years4
Div Non Decr Years4
Ex-Date03-03 2026-03-03 (0.25)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.35%
Min Revenue beat(2)-1.85%
Max Revenue beat(2)6.55%
Revenue beat(4)2
Avg Revenue beat(4)2.22%
Min Revenue beat(4)-6.72%
Max Revenue beat(4)10.88%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)6
Avg Revenue beat(12)2.19%
Revenue beat(16)9
Avg Revenue beat(16)3.02%
PT rev (1m)-0.61%
PT rev (3m)-5.11%
EPS NQ rev (1m)2.11%
EPS NQ rev (3m)-3.49%
EPS NY rev (1m)0%
EPS NY rev (3m)1.92%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)-0.22%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 9.81 | ||
| P/S | 2.95 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.04
EY8.83%
EPS(NY)2.35
Fwd EY10.19%
FCF(TTM)-0.96
FCFYN/A
OCF(TTM)-0.96
OCFYN/A
SpS7.82
BVpS25.67
TBVpS25.67
PEG (NY)0.27
PEG (5Y)N/A
Graham Number34.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 9.33% | ||
| ROCE | 3.15% | ||
| ROIC | 2.49% | ||
| ROICexc | 2.9% | ||
| ROICexgc | 2.91% | ||
| OM | 29.55% | ||
| PM (TTM) | 30.62% | ||
| GM | 37.43% | ||
| FCFM | N/A |
ROA(3y)1.8%
ROA(5y)2.62%
ROE(3y)5.56%
ROE(5y)6.88%
ROIC(3y)3.34%
ROIC(5y)3%
ROICexc(3y)3.72%
ROICexc(5y)3.29%
ROICexgc(3y)3.72%
ROICexgc(5y)3.29%
ROCE(3y)4.22%
ROCE(5y)3.8%
ROICexgc growth 3Y30.31%
ROICexgc growth 5Y10.28%
ROICexc growth 3Y30.28%
ROICexc growth 5Y10.29%
OM growth 3Y8.45%
OM growth 5Y5.8%
PM growth 3Y-33.67%
PM growth 5Y-27.68%
GM growth 3Y5.15%
GM growth 5Y4.57%
F-Score3
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.81 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 11.66 | ||
| Quick Ratio | 11.66 | ||
| Altman-Z | 0.63 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)187.32%
EPS 3Y-20.24%
EPS 5Y-18.46%
EPS Q2Q%16.26%
EPS Next Y42.66%
EPS Next 2Y7.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-18.68%
Revenue growth 3Y28.14%
Revenue growth 5Y20.56%
Sales Q2Q%-2.34%
Revenue Next Year-15.8%
Revenue Next 2Y-7.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-35.76%
EBIT growth 3Y38.97%
EBIT growth 5Y27.55%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y85.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y85.07%
OCF growth 3YN/A
OCF growth 5YN/A
SARATOGA INVESTMENT CORP / SAR FAQ
What is the ChartMill fundamental rating of SARATOGA INVESTMENT CORP (SAR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SAR.
What is the valuation status of SARATOGA INVESTMENT CORP (SAR) stock?
ChartMill assigns a valuation rating of 5 / 10 to SARATOGA INVESTMENT CORP (SAR). This can be considered as Fairly Valued.
How profitable is SARATOGA INVESTMENT CORP (SAR) stock?
SARATOGA INVESTMENT CORP (SAR) has a profitability rating of 3 / 10.
How financially healthy is SARATOGA INVESTMENT CORP?
The financial health rating of SARATOGA INVESTMENT CORP (SAR) is 4 / 10.
Can you provide the expected EPS growth for SAR stock?
The Earnings per Share (EPS) of SARATOGA INVESTMENT CORP (SAR) is expected to grow by 42.66% in the next year.