SIXTH STREET SPECIALTY LENDI (TSLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TSLX - US83012A1097 - Common Stock
22.3 USD
-0.1 (-0.45%)
22.3 USD
0 (0%)
Overall TSLX gets a fundamental rating of 5 out of 10. We evaluated TSLX against 237 industry peers in the Capital Markets industry. TSLX has an excellent profitability rating, but there are some minor concerns on its financial health. TSLX has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year TSLX was profitable.
- In the past year TSLX had a positive cash flow from operations.
- In the past 5 years TSLX has always been profitable.
- The reported operating cash flow has been mixed in the past 5 years: TSLX reported negative operating cash flow in multiple years.
1.2 Ratios
- With a decent Return On Assets value of 5.46%, TSLX is doing good in the industry, outperforming 72.77% of the companies in the same industry.
- TSLX has a better Return On Equity (11.83%) than 68.94% of its industry peers.
- The Return On Invested Capital of TSLX (5.52%) is better than 71.06% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TSLX is in line with the industry average of 7.16%.
- The last Return On Invested Capital (5.52%) for TSLX is above the 3 year average (5.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.46% | ||
| ROE | 11.83% | ||
| ROIC | 5.52% |
ROA(3y)5.22%
ROA(5y)6.31%
ROE(3y)11.5%
ROE(5y)13.29%
ROIC(3y)5.34%
ROIC(5y)5.16%
1.3 Margins
- The Profit Margin of TSLX (41.24%) is better than 86.81% of its industry peers.
- TSLX's Profit Margin has declined in the last couple of years.
- The Operating Margin of TSLX (52.36%) is better than 91.06% of its industry peers.
- TSLX's Operating Margin has been stable in the last couple of years.
- With a decent Gross Margin value of 55.27%, TSLX is doing good in the industry, outperforming 68.51% of the companies in the same industry.
- TSLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.36% | ||
| PM (TTM) | 41.24% | ||
| GM | 55.27% |
OM growth 3Y1.97%
OM growth 5Y0.68%
PM growth 3Y-20.18%
PM growth 5Y-8.86%
GM growth 3Y0.51%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
- The number of shares outstanding for TSLX has been increased compared to 1 year ago.
- The number of shares outstanding for TSLX has been increased compared to 5 years ago.
- Compared to 1 year ago, TSLX has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.11, we must say that TSLX is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of TSLX (1.11) is comparable to the rest of the industry.
- The Debt to FCF ratio of TSLX is 6.18, which is on the high side as it means it would take TSLX, 6.18 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TSLX (6.18) is better than 67.66% of its industry peers.
- TSLX has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of TSLX (1.13) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.18 | ||
| Altman-Z | 1.11 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- TSLX has a Current Ratio of 5.05. This indicates that TSLX is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 5.05, TSLX belongs to the top of the industry, outperforming 85.96% of the companies in the same industry.
- TSLX has a Quick Ratio of 5.05. This indicates that TSLX is financially healthy and has no problem in meeting its short term obligations.
- TSLX has a better Quick ratio (5.05) than 85.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.05 | ||
| Quick Ratio | 5.05 |
3. Growth
3.1 Past
- TSLX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.80%.
- The Earnings Per Share has been growing slightly by 4.00% on average over the past years.
- Looking at the last year, TSLX shows a decrease in Revenue. The Revenue has decreased by -2.90% in the last year.
- Measured over the past years, TSLX shows a quite strong growth in Revenue. The Revenue has been growing by 13.92% on average per year.
EPS 1Y (TTM)-3.8%
EPS 3Y2.84%
EPS 5Y4%
EPS Q2Q%-10.17%
Revenue 1Y (TTM)-2.9%
Revenue growth 3Y20.09%
Revenue growth 5Y13.92%
Sales Q2Q%-8.2%
3.2 Future
- The Earnings Per Share is expected to decrease by -5.87% on average over the next years.
- Based on estimates for the next years, TSLX will show a decrease in Revenue. The Revenue will decrease by -4.18% on average per year.
EPS Next Y-5.82%
EPS Next 2Y-6.68%
EPS Next 3Y-5.87%
EPS Next 5YN/A
Revenue Next Year-6.06%
Revenue Next 2Y-5.35%
Revenue Next 3Y-4.18%
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 decreasing.
- 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 9.78, which indicates a very decent valuation of TSLX.
- 75.74% of the companies in the same industry are more expensive than TSLX, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, TSLX is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 10.85, the valuation of TSLX can be described as reasonable.
- Based on the Price/Forward Earnings ratio, TSLX is valued a bit cheaper than 68.51% of the companies in the same industry.
- TSLX is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
- 82.98% of the companies in the same industry are more expensive than TSLX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.1 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The decent profitability rating of TSLX may justify a higher PE ratio.
- A cheap valuation may be justified as TSLX's earnings are expected to decrease with -5.87% in the coming years.
PEG (NY)N/A
PEG (5Y)2.45
EPS Next 2Y-6.68%
EPS Next 3Y-5.87%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.21%, TSLX is a good candidate for dividend investing.
- TSLX's Dividend Yield is a higher than the industry average which is at 6.12.
- TSLX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.21% |
5.2 History
- The dividend of TSLX has a limited annual growth rate of 4.56%.
- TSLX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.56%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- TSLX pays out 88.24% of its income as dividend. This is not a sustainable payout ratio.
- TSLX's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP88.24%
EPS Next 2Y-6.68%
EPS Next 3Y-5.87%
22.3
-0.1 (-0.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-12 2026-02-12/amc
Inst Owners53.57%
Inst Owner Change0.02%
Ins Owners0.36%
Ins Owner Change3.02%
Market Cap2.11B
Revenue(TTM)464.51M
Net Income(TTM)191.55M
Analysts81.18
Price Target23.97 (7.49%)
Short Float %3.11%
Short Ratio6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.21% |
Yearly Dividend1.86
Dividend Growth(5Y)4.56%
DP88.24%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.53%
Min EPS beat(2)-0.67%
Max EPS beat(2)3.73%
EPS beat(4)3
Avg EPS beat(4)2.72%
Min EPS beat(4)-0.67%
Max EPS beat(4)5.19%
EPS beat(8)5
Avg EPS beat(8)1.38%
EPS beat(12)9
Avg EPS beat(12)2.63%
EPS beat(16)10
Avg EPS beat(16)1.56%
Revenue beat(2)1
Avg Revenue beat(2)0.08%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)1.78%
Revenue beat(4)2
Avg Revenue beat(4)0.12%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)2.29%
Revenue beat(8)2
Avg Revenue beat(8)-0.44%
Revenue beat(12)6
Avg Revenue beat(12)0.82%
Revenue beat(16)8
Avg Revenue beat(16)0.54%
PT rev (1m)0%
PT rev (3m)-2.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.64%
EPS NY rev (1m)0%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 10.85 | ||
| P/S | 4.54 | ||
| P/FCF | 7.1 | ||
| P/OCF | 7.1 | ||
| P/B | 1.3 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.28
EY10.22%
EPS(NY)2.06
Fwd EY9.22%
FCF(TTM)3.14
FCFY14.08%
OCF(TTM)3.14
OCFY14.08%
SpS4.92
BVpS17.14
TBVpS17.14
PEG (NY)N/A
PEG (5Y)2.45
Graham Number29.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.46% | ||
| ROE | 11.83% | ||
| ROCE | 6.98% | ||
| ROIC | 5.52% | ||
| ROICexc | 5.65% | ||
| ROICexgc | 5.65% | ||
| OM | 52.36% | ||
| PM (TTM) | 41.24% | ||
| GM | 55.27% | ||
| FCFM | 63.89% |
ROA(3y)5.22%
ROA(5y)6.31%
ROE(3y)11.5%
ROE(5y)13.29%
ROIC(3y)5.34%
ROIC(5y)5.16%
ROICexc(3y)5.38%
ROICexc(5y)5.2%
ROICexgc(3y)5.38%
ROICexgc(5y)5.2%
ROCE(3y)6.76%
ROCE(5y)6.53%
ROICexgc growth 3Y8.94%
ROICexgc growth 5Y4.59%
ROICexc growth 3Y8.94%
ROICexc growth 5Y4.59%
OM growth 3Y1.97%
OM growth 5Y0.68%
PM growth 3Y-20.18%
PM growth 5Y-8.86%
GM growth 3Y0.51%
GM growth 5Y-0.28%
F-Score7
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.86 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 154.93% | ||
| Current Ratio | 5.05 | ||
| Quick Ratio | 5.05 | ||
| Altman-Z | 1.11 |
F-Score7
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)-3.8%
EPS 3Y2.84%
EPS 5Y4%
EPS Q2Q%-10.17%
EPS Next Y-5.82%
EPS Next 2Y-6.68%
EPS Next 3Y-5.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.9%
Revenue growth 3Y20.09%
Revenue growth 5Y13.92%
Sales Q2Q%-8.2%
Revenue Next Year-6.06%
Revenue Next 2Y-5.35%
Revenue Next 3Y-4.18%
Revenue Next 5YN/A
EBIT growth 1Y0.53%
EBIT growth 3Y22.46%
EBIT growth 5Y14.7%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y410.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y410.42%
OCF growth 3YN/A
OCF growth 5YN/A
SIXTH STREET SPECIALTY LENDI / TSLX FAQ
Can you provide the ChartMill fundamental rating for SIXTH STREET SPECIALTY LENDI?
ChartMill assigns a fundamental rating of 5 / 10 to TSLX.
What is the valuation status for TSLX stock?
ChartMill assigns a valuation rating of 6 / 10 to SIXTH STREET SPECIALTY LENDI (TSLX). This can be considered as Fairly Valued.
What is the profitability of TSLX stock?
SIXTH STREET SPECIALTY LENDI (TSLX) has a profitability rating of 7 / 10.
What is the valuation of SIXTH STREET SPECIALTY LENDI based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SIXTH STREET SPECIALTY LENDI (TSLX) is 9.78 and the Price/Book (PB) ratio is 1.3.
What is the earnings growth outlook for SIXTH STREET SPECIALTY LENDI?
The Earnings per Share (EPS) of SIXTH STREET SPECIALTY LENDI (TSLX) is expected to decline by -5.82% in the next year.