SLR INVESTMENT CORP (SLRC) Stock Fundamental Analysis
NASDAQ:SLRC - Nasdaq - US83413U1007 - Common Stock - Currency: USD
Taking everything into account, SLRC scores 4 out of 10 in our fundamental rating. SLRC was compared to 233 industry peers in the Capital Markets industry. SLRC has only an average score on both its financial health and profitability. SLRC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SLRC was profitable.
In the past year SLRC had a positive cash flow from operations.
SLRC had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: SLRC reported negative operating cash flow in multiple years.
1.2 Ratios
SLRC's Return On Assets of 3.51% is in line compared to the rest of the industry. SLRC outperforms 59.23% of its industry peers.
SLRC has a Return On Equity (8.87%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 3.68%, SLRC perfoms like the industry average, outperforming 46.35% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SLRC is below the industry average of 7.84%.
The 3 year average ROIC (3.33%) for SLRC is below the current ROIC(3.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 8.87% | ||
| ROIC | 3.68% |
ROA(3y)2.55%
ROA(5y)2.28%
ROE(3y)6.41%
ROE(5y)5.62%
ROIC(3y)3.33%
ROIC(5y)3.19%
1.3 Margins
SLRC's Profit Margin of 38.60% is amongst the best of the industry. SLRC outperforms 82.40% of its industry peers.
In the last couple of years the Profit Margin of SLRC has grown nicely.
With a decent Operating Margin value of 41.56%, SLRC is doing good in the industry, outperforming 72.53% of the companies in the same industry.
SLRC's Operating Margin has declined in the last couple of years.
SLRC has a Gross Margin of 45.66%. This is comparable to the rest of the industry: SLRC outperforms 47.21% of its industry peers.
In the last couple of years the Gross Margin of SLRC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.56% | ||
| PM (TTM) | 38.6% | ||
| GM | 45.66% |
OM growth 3Y-1.77%
OM growth 5Y-2.43%
PM growth 3Y-1.22%
PM growth 5Y2.62%
GM growth 3Y-3.67%
GM growth 5Y-2.76%
2. Health
2.1 Basic Checks
Compared to 1 year ago, SLRC has about the same amount of shares outstanding.
Compared to 5 years ago, SLRC has more shares outstanding
Compared to 1 year ago, SLRC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that SLRC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.51, SLRC is not doing good in the industry: 63.95% of the companies in the same industry are doing better.
SLRC has a debt to FCF ratio of 2.81. This is a good value and a sign of high solvency as SLRC would need 2.81 years to pay back of all of its debts.
SLRC has a better Debt to FCF ratio (2.81) than 78.11% of its industry peers.
A Debt/Equity ratio of 1.05 is on the high side and indicates that SLRC has dependencies on debt financing.
With a Debt to Equity ratio value of 1.05, SLRC perfoms like the industry average, outperforming 48.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 2.81 | ||
| Altman-Z | 0.51 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SLRC has a Current Ratio of 1.06. This is a normal value and indicates that SLRC is financially healthy and should not expect problems in meeting its short term obligations.
SLRC has a Current ratio (1.06) which is comparable to the rest of the industry.
SLRC has a Quick Ratio of 1.06. This is a normal value and indicates that SLRC is financially healthy and should not expect problems in meeting its short term obligations.
SLRC has a Quick ratio of 1.06. This is comparable to the rest of the industry: SLRC outperforms 48.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.34% over the past year.
SLRC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.57% yearly.
The Revenue has decreased by -2.72% in the past year.
SLRC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.48% yearly.
EPS 1Y (TTM)2.34%
EPS 3Y7.07%
EPS 5Y0.57%
EPS Q2Q%-6.82%
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y18.59%
Revenue growth 5Y8.48%
Sales Q2Q%-8.47%
3.2 Future
SLRC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.50% yearly.
The Revenue is expected to decrease by -5.04% on average over the next years.
EPS Next Y-7.11%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
EPS Next 5YN/A
Revenue Next Year-8.59%
Revenue Next 2Y-4.42%
Revenue Next 3Y-5.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 9.22, which indicates a very decent valuation of SLRC.
SLRC's Price/Earnings ratio is a bit cheaper when compared to the industry. SLRC is cheaper than 77.25% of the companies in the same industry.
SLRC is valuated cheaply when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.71, which indicates a very decent valuation of SLRC.
74.25% of the companies in the same industry are more expensive than SLRC, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SLRC to the average of the S&P500 Index (21.60), we can say SLRC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SLRC indicates a rather cheap valuation: SLRC is cheaper than 89.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as SLRC's earnings are expected to decrease with -4.50% in the coming years.
PEG (NY)N/A
PEG (5Y)16.14
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
5. Dividend
5.1 Amount
SLRC has a Yearly Dividend Yield of 10.20%, which is a nice return.
Compared to an average industry Dividend Yield of 8.00, SLRC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, SLRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.2% |
5.2 History
The dividend of SLRC has a limited annual growth rate of 0.02%.
SLRC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)0.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
101.89% of the earnings are spent on dividend by SLRC. This is not a sustainable payout ratio.
SLRC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP101.89%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
16.14
+0.05 (+0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners36.5%
Inst Owner Change1.48%
Ins Owners2.72%
Ins Owner Change0%
Market Cap880.44M
Analysts73.75
Price Target17.09 (5.89%)
Short Float %0.49%
Short Ratio1.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.2% |
Yearly Dividend1.64
Dividend Growth(5Y)0.02%
DP101.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.11%
Min EPS beat(2)-2.49%
Max EPS beat(2)0.27%
EPS beat(4)3
Avg EPS beat(4)0.93%
Min EPS beat(4)-2.49%
Max EPS beat(4)3.35%
EPS beat(8)5
Avg EPS beat(8)-0.29%
EPS beat(12)7
Avg EPS beat(12)-0.74%
EPS beat(16)7
Avg EPS beat(16)-2.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.78%
Min Revenue beat(2)-3.07%
Max Revenue beat(2)-2.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)1.07%
Revenue beat(8)2
Avg Revenue beat(8)-1.14%
Revenue beat(12)2
Avg Revenue beat(12)-1.4%
Revenue beat(16)2
Avg Revenue beat(16)-2.91%
PT rev (1m)-0.19%
PT rev (3m)-0.92%
EPS NQ rev (1m)-0.68%
EPS NQ rev (3m)-2.28%
EPS NY rev (1m)-0.62%
EPS NY rev (3m)-1.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 9.71 | ||
| P/S | 3.87 | ||
| P/FCF | 2.38 | ||
| P/OCF | 2.38 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.75
EY10.84%
EPS(NY)1.66
Fwd EY10.3%
FCF(TTM)6.78
FCFY42.04%
OCF(TTM)6.78
OCFY42.04%
SpS4.17
BVpS18.16
TBVpS18.16
PEG (NY)N/A
PEG (5Y)16.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 8.87% | ||
| ROCE | 4.65% | ||
| ROIC | 3.68% | ||
| ROICexc | 4.77% | ||
| ROICexgc | 4.77% | ||
| OM | 41.56% | ||
| PM (TTM) | 38.6% | ||
| GM | 45.66% | ||
| FCFM | 162.68% |
ROA(3y)2.55%
ROA(5y)2.28%
ROE(3y)6.41%
ROE(5y)5.62%
ROIC(3y)3.33%
ROIC(5y)3.19%
ROICexc(3y)4.11%
ROICexc(5y)4.01%
ROICexgc(3y)4.11%
ROICexgc(5y)4.01%
ROCE(3y)4.22%
ROCE(5y)4.04%
ROICexcg growth 3Y9.35%
ROICexcg growth 5Y-2.7%
ROICexc growth 3Y9.35%
ROICexc growth 5Y-2.7%
OM growth 3Y-1.77%
OM growth 5Y-2.43%
PM growth 3Y-1.22%
PM growth 5Y2.62%
GM growth 3Y-3.67%
GM growth 5Y-2.76%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 2.81 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.44 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 421.49% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 0.51 |
F-Score6
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)2.34%
EPS 3Y7.07%
EPS 5Y0.57%
EPS Q2Q%-6.82%
EPS Next Y-7.11%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y18.59%
Revenue growth 5Y8.48%
Sales Q2Q%-8.47%
Revenue Next Year-8.59%
Revenue Next 2Y-4.42%
Revenue Next 3Y-5.04%
Revenue Next 5YN/A
EBIT growth 1Y0.82%
EBIT growth 3Y16.49%
EBIT growth 5Y5.84%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y281.73%
FCF growth 3YN/A
FCF growth 5Y10.62%
OCF growth 1Y281.73%
OCF growth 3YN/A
OCF growth 5Y10.62%