SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT) Fundamental Analysis & Valuation

Q: What is the fundamental rating for SAT stock?

ChartMill assigns a fundamental rating of 4 / 10 to SAT.

NYSE:SAT • US80349A8027

24.77 USD

+0.02 (+0.08%)

Last: Apr 6, 2026, 08:07 PM

This SAT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1. SAT Profitability Analysis

1.1 Basic Checks

In the past year SAT was profitable.
SAT had a negative operating cash flow in the past year.
In the past 5 years SAT has always been profitable.
In the past 5 years SAT reported 4 times negative operating cash flow.

1.2 Ratios

SAT has a Return On Assets (3.22%) which is comparable to the rest of the industry.
SAT has a better Return On Equity (9.33%) than 60.25% of its industry peers.
SAT has a worse Return On Invested Capital (2.49%) than 61.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SAT is below the industry average of 7.24%.

		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

SAT's Profit Margin of 30.62% is fine compared to the rest of the industry. SAT outperforms 76.15% of its industry peers.
SAT's Profit Margin has declined in the last couple of years.
SAT's Operating Margin of 29.55% is in line compared to the rest of the industry. SAT outperforms 57.74% of its industry peers.
In the last couple of years the Operating Margin of SAT has grown nicely.
Looking at the Gross Margin, with a value of 37.43%, SAT is doing worse than 61.09% of the companies in the same industry.
In the last couple of years the Gross Margin of SAT 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%

More info and screens

ROA ROE ROIC Operating and Profit Margin Show most profitable peers

2. SAT Health Analysis

2.1 Basic Checks

The number of shares outstanding for SAT has been increased compared to 1 year ago.
The number of shares outstanding for SAT has been increased compared to 5 years ago.
Compared to 1 year ago, SAT has an improved debt to assets ratio.

2.2 Solvency

SAT has an Altman-Z score of 0.64. This is a bad value and indicates that SAT is not financially healthy and even has some risk of bankruptcy.
SAT's Altman-Z score of 0.64 is in line compared to the rest of the industry. SAT outperforms 43.93% of its industry peers.
A Debt/Equity ratio of 1.87 is on the high side and indicates that SAT has dependencies on debt financing.
SAT's Debt to Equity ratio of 1.87 is on the low side compared to the rest of the industry. SAT is outperformed by 78.24% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	1.87
Debt/FCF	N/A
Altman-Z	0.64

ROIC/WACCN/A

WACCN/A

2.3 Liquidity

SAT has a Current Ratio of 11.66. This indicates that SAT is financially healthy and has no problem in meeting its short term obligations.
SAT has a better Current ratio (11.66) than 94.98% of its industry peers.
SAT has a Quick Ratio of 11.66. This indicates that SAT is financially healthy and has no problem in meeting its short term obligations.
SAT has a better Quick ratio (11.66) than 94.98% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	11.66
Quick Ratio	11.66

More info and screens

WACC Debt/Equity How to determine the health of a company Altman-Z score Show peers with great health

3. SAT Growth Analysis

3.1 Past

The earnings per share for SAT have decreased by -1.61% in the last year.
The earnings per share for SAT have been decreasing by -18.46% on average. This is quite bad
Looking at the last year, SAT shows a very negative growth in Revenue. The Revenue has decreased by -18.68% in the last year.
Measured over the past years, SAT shows a very strong growth in Revenue. The Revenue has been growing by 20.56% on average per year.

EPS 1Y (TTM)-1.61%

EPS 3Y-20.24%

EPS 5Y-18.46%

EPS Q2Q%15.62%

Revenue 1Y (TTM)-18.68%

Revenue growth 3Y28.14%

Revenue growth 5Y20.56%

Sales Q2Q%-2.34%

3.2 Future

Based on estimates for the next years, SAT will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.28% on average per year.
SAT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.28% yearly.

EPS Next Y37.04%

EPS Next 2Y8.28%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next Year-16.21%

Revenue Next 2Y-8.28%

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

More info and screens

Find the best growth stocks Show best growing peers

4. SAT Valuation Analysis

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 10.15, the valuation of SAT can be described as reasonable.
Based on the Price/Earnings ratio, SAT is valued a bit cheaper than the industry average as 64.85% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SAT to the average of the S&P500 Index (26.21), we can say SAT is valued rather cheaply.
SAT is valuated reasonably with a Price/Forward Earnings ratio of 10.36.
Based on the Price/Forward Earnings ratio, SAT is valued a bit cheaper than the industry average as 64.44% of the companies are valued more expensively.
SAT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.

		Industry Rank	Sector Rank
PE	10.15
Fwd PE	10.36

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 2Y8.28%

EPS Next 3YN/A

More info and screens

Price/Earnings Price/FCF FCF per share EV/EBITDA PEG RATIO Show best valued peers

5. SAT Dividend Analysis

5.1 Amount

SAT has a Yearly Dividend Yield of 12.48%, which is a nice return.
Compared to an average industry Dividend Yield of 6.90, SAT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.89, SAT pays a better dividend.

		Industry Rank	Sector Rank
Dividend Yield	12.48%

5.2 History

The dividend of SAT is nicely growing with an annual growth rate of 9.46%!
SAT has paid a dividend for less than 5 years, so there is no long track record yet.

Dividend Growth(5Y)9.46%

Div Incr Years0

Div Non Decr Years0

5.3 Sustainability

SAT pays out 134.05% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SAT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP134.05%

EPS Next 2Y8.28%

EPS Next 3YN/A

More info and screens

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SAT Fundamentals: All Metrics, Ratios and Statistics

SARATOGA INVESTMENT CORP - SAR 6 04/30/27

NYSE:SAT (4/6/2026, 8:07:47 PM)

24.77

+0.02 (+0.08%)

Chartmill FA Rating

GICS SectorFinancials

GICS IndustryGroupFinancial Services

GICS IndustryCapital Markets

Earnings (Last)01-07 2026-01-07/amc

Earnings (Next)05-05 2026-05-05/amc

Inst Owners13.87%

Inst Owner ChangeN/A

Ins Owners10.21%

Ins Owner ChangeN/A

Market Cap401.77M

Revenue(TTM)125.89M

Net Income(TTM)38.54M

Analysts68.33

Price Target25.57 (3.23%)

Short Float %0.02%

Short Ratio0.23

Dividend

		Industry Rank	Sector Rank
Dividend Yield	12.48%

Yearly Dividend2.83

Dividend Growth(5Y)9.46%

DP134.05%

Div Incr Years0

Div Non Decr Years0

Ex-Date02-13 2026-02-13 (0.375)

Surprises & Revisions

EPS beat(2)2

Avg EPS beat(2)22.13%

Min EPS beat(2)21.57%

Max EPS beat(2)22.68%

EPS beat(4)2

Avg EPS beat(4)-16.41%

Min EPS beat(4)-107.09%

Max EPS beat(4)22.68%

EPS beat(8)3

Avg EPS beat(8)-25.67%

EPS beat(12)4

Avg EPS beat(12)-31.12%

EPS beat(16)5

Avg EPS beat(16)-35.05%

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%

PT rev (3m)-0.61%

EPS NQ rev (1m)0%

EPS NQ rev (3m)-0.92%

EPS NY rev (1m)0%

EPS NY rev (3m)-3.94%

Revenue NQ rev (1m)0%

Revenue NQ rev (3m)-1.3%

Revenue NY rev (1m)0%

Revenue NY rev (3m)-0.14%

Valuation

		Industry Rank	Sector Rank
PE	10.15
Fwd PE	10.36
P/S	3.19
P/FCF	N/A
P/OCF	N/A
P/B	0.97
P/tB	0.97
EV/EBITDA	N/A

EPS(TTM)2.44

EY9.85%

EPS(NY)2.39

Fwd EY9.66%

FCF(TTM)-0.96

FCFYN/A

OCF(TTM)-0.96

OCFYN/A

SpS7.76

BVpS25.48

TBVpS25.48

PEG (NY)0.27

PEG (5Y)N/A

Graham Number37.4

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	0.64

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)-1.61%

EPS 3Y-20.24%

EPS 5Y-18.46%

EPS Q2Q%15.62%

EPS Next Y37.04%

EPS Next 2Y8.28%

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-16.21%

Revenue Next 2Y-8.28%

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 6 04/30/27 / SAT Fundamental Analysis FAQ

What is the fundamental rating for SAT stock?

ChartMill assigns a fundamental rating of 4 / 10 to SAT.

Can you provide the valuation status for SARATOGA INVESTMENT CORP - SAR 6 04/30/27?

ChartMill assigns a valuation rating of 5 / 10 to SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT). This can be considered as Fairly Valued.

How profitable is SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT) stock?

SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT) has a profitability rating of 4 / 10.

How financially healthy is SARATOGA INVESTMENT CORP - SAR 6 04/30/27?

The financial health rating of SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT) is 4 / 10.

Is the dividend of SARATOGA INVESTMENT CORP - SAR 6 04/30/27 sustainable?

The dividend rating of SARATOGA INVESTMENT CORP - SAR 6 04/30/27 (SAT) is 5 / 10 and the dividend payout ratio is 134.05%.