SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) Stock Fundamental Analysis

NYSE:SAZ • US80349A8696

25.2288 USD
-0.04 (-0.16%)
Last: Mar 2, 2026, 04:15 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to SAZ. SAZ was compared to 238 industry peers in the Capital Markets industry. While SAZ seems to be doing ok healthwise, there are quite some concerns on its profitability. SAZ has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year SAZ was profitable.
  • SAZ had a negative operating cash flow in the past year.
  • SAZ had positive earnings in each of the past 5 years.
  • In the past 5 years SAZ reported 4 times negative operating cash flow.
SAZ Yearly Net Income VS EBIT VS OCF VS FCFSAZ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M

1.2 Ratios

  • SAZ has a Return On Assets (3.22%) which is comparable to the rest of the industry.
  • The Return On Equity of SAZ (9.33%) is comparable to the rest of the industry.
  • The Return On Invested Capital of SAZ (2.49%) is worse than 61.76% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for SAZ is below the industry average of 7.32%.
Industry RankSector 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%
SAZ Yearly ROA, ROE, ROICSAZ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • The Profit Margin of SAZ (30.62%) is better than 73.11% of its industry peers.
  • In the last couple of years the Profit Margin of SAZ has declined.
  • SAZ has a Operating Margin of 29.55%. This is comparable to the rest of the industry: SAZ outperforms 57.14% of its industry peers.
  • In the last couple of years the Operating Margin of SAZ has grown nicely.
  • SAZ has a Gross Margin of 37.43%. This is in the lower half of the industry: SAZ underperforms 62.18% of its industry peers.
  • SAZ's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
SAZ Yearly Profit, Operating, Gross MarginsSAZ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • SAZ has more shares outstanding than it did 1 year ago.
  • SAZ has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SAZ has been reduced compared to a year ago.
SAZ Yearly Shares OutstandingSAZ Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
SAZ Yearly Total Debt VS Total AssetsSAZ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • SAZ has an Altman-Z score of 0.65. This is a bad value and indicates that SAZ is not financially healthy and even has some risk of bankruptcy.
  • SAZ has a Altman-Z score (0.65) which is comparable to the rest of the industry.
  • SAZ has a Debt/Equity ratio of 1.87. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.87, SAZ is doing worse than 78.99% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.87
Debt/FCF N/A
Altman-Z 0.65
ROIC/WACCN/A
WACCN/A
SAZ Yearly LT Debt VS Equity VS FCFSAZ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M 800M

2.3 Liquidity

  • SAZ has a Current Ratio of 11.66. This indicates that SAZ is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 11.66, SAZ belongs to the best of the industry, outperforming 93.28% of the companies in the same industry.
  • A Quick Ratio of 11.66 indicates that SAZ has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 11.66, SAZ belongs to the best of the industry, outperforming 93.28% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 11.66
Quick Ratio 11.66
SAZ Yearly Current Assets VS Current LiabilitesSAZ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • SAZ shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.61%.
  • Measured over the past years, SAZ shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.46% on average per year.
  • Looking at the last year, SAZ shows a very negative growth in Revenue. The Revenue has decreased by -18.68% in the last year.
  • Measured over the past years, SAZ 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

  • The Earnings Per Share is expected to grow by 8.90% on average over the next years. This is quite good.
  • Based on estimates for the next years, SAZ will show a decrease in Revenue. The Revenue will decrease by -8.28% on average per year.
EPS Next Y37.04%
EPS Next 2Y8.9%
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.
SAZ Yearly Revenue VS EstimatesSAZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M
SAZ Yearly EPS VS EstimatesSAZ Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 10.34, the valuation of SAZ can be described as very reasonable.
  • Based on the Price/Earnings ratio, SAZ is valued a bit cheaper than the industry average as 63.45% of the companies are valued more expensively.
  • SAZ is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 10.43, the valuation of SAZ can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SAZ indicates a somewhat cheap valuation: SAZ is cheaper than 67.23% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. SAZ is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.34
Fwd PE 10.43
SAZ Price Earnings VS Forward Price EarningsSAZ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SAZ Per share dataSAZ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • SAZ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y8.9%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 12.48%, SAZ is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.42, SAZ pays a bit more dividend than its industry peers.
  • SAZ's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 12.48%

5.2 History

  • On average, the dividend of SAZ grows each year by 9.46%, which is quite nice.
  • SAZ has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)9.46%
Div Incr Years1
Div Non Decr Years1
SAZ Yearly Dividends per shareSAZ Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 134.05% of the earnings are spent on dividend by SAZ. This is not a sustainable payout ratio.
  • The dividend of SAZ is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP134.05%
EPS Next 2Y8.9%
EPS Next 3YN/A
SAZ Yearly Income VS Free CF VS DividendSAZ Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M
SAZ Dividend Payout.SAZ Dividend Payout, showing the Payout Ratio.SAZ Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28

NYSE:SAZ (3/2/2026, 4:15:00 PM)

25.2288

-0.04 (-0.16%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-07
Earnings (Next)05-05
Inst Owners15.21%
Inst Owner ChangeN/A
Ins Owners10.27%
Ins Owner ChangeN/A
Market Cap408.20M
Revenue(TTM)125.89M
Net Income(TTM)38.54M
Analysts67.69
Price Target26.24 (4.01%)
Short Float %0.07%
Short Ratio1.17
Dividend
Industry RankSector Rank
Dividend Yield 12.48%
Yearly Dividend2.83
Dividend Growth(5Y)9.46%
DP134.05%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-13
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)0.92%
PT rev (3m)-2.7%
EPS NQ rev (1m)-1.59%
EPS NQ rev (3m)-0.92%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.94%
Revenue NQ rev (1m)-1.89%
Revenue NQ rev (3m)-1.16%
Revenue NY rev (1m)-0.86%
Revenue NY rev (3m)-0.49%
Valuation
Industry RankSector Rank
PE 10.34
Fwd PE 10.43
P/S 3.24
P/FCF N/A
P/OCF N/A
P/B 0.99
P/tB 0.99
EV/EBITDA N/A
EPS(TTM)2.44
EY9.67%
EPS(NY)2.42
Fwd EY9.59%
FCF(TTM)-0.96
FCFYN/A
OCF(TTM)-0.96
OCFYN/A
SpS7.78
BVpS25.54
TBVpS25.54
PEG (NY)0.28
PEG (5Y)N/A
Graham Number37.44
Profitability
Industry RankSector 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 RankSector 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 0.65
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 2Y8.9%
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 8 1/2 04/15/28 / SAZ FAQ

What is the ChartMill fundamental rating of SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) stock?

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


What is the valuation status for SAZ stock?

ChartMill assigns a valuation rating of 5 / 10 to SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ). This can be considered as Fairly Valued.


How profitable is SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) stock?

SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) has a profitability rating of 3 / 10.


What is the financial health of SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) stock?

The financial health rating of SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) is 4 / 10.


How sustainable is the dividend of SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) stock?

The dividend rating of SARATOGA INVESTMENT CORP - SAR 8 1/2 04/15/28 (SAZ) is 5 / 10 and the dividend payout ratio is 134.05%.