Saratoga Investment Corp. (SAR)
NYSE: SAR · Real-Time Price · USD
23.52
-0.28 (-1.18%)
Jan 16, 2026, 4:00 PM EST - Market closed

Saratoga Investment Statistics

Total Valuation

SAR has a market cap or net worth of $380.65 million. The enterprise value is $1.09 billion.

Market Cap380.65M
Enterprise Value 1.09B

Important Dates

The last earnings date was Wednesday, January 7, 2026, after market close.

Earnings Date Jan 7, 2026
Ex-Dividend Date Feb 4, 2026

Share Statistics

SAR has 16.18 million shares outstanding. The number of shares has increased by 12.51% in one year.

Current Share Class 16.18M
Shares Outstanding 16.18M
Shares Change (YoY) +12.51%
Shares Change (QoQ) +2.11%
Owned by Insiders (%) 12.81%
Owned by Institutions (%) 14.03%
Float n/a

Valuation Ratios

The trailing PE ratio is 9.41 and the forward PE ratio is 9.93.

PE Ratio 9.41
Forward PE 9.93
PS Ratio 2.88
Forward PS 2.92
PB Ratio 0.92
P/TBV Ratio 0.92
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.36
EV / Sales 8.68
EV / EBITDA n/a
EV / EBIT 12.25
EV / FCF n/a

Financial Position

The company has a current ratio of 2.11, with a Debt / Equity ratio of 1.85.

Current Ratio 2.11
Quick Ratio 0.73
Debt / Equity 1.85
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 1.80

Financial Efficiency

Return on equity (ROE) is 9.78% and return on invested capital (ROIC) is 4.69%.

Return on Equity (ROE) 9.78%
Return on Assets (ROA) 4.62%
Return on Invested Capital (ROIC) 4.69%
Return on Capital Employed (ROCE) 8.02%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.10
Inventory Turnover n/a

Taxes

In the past 12 months, SAR has paid $2.56 million in taxes.

Income Tax 2.56M
Effective Tax Rate 6.23%

Stock Price Statistics

The stock price has decreased by -5.47% in the last 52 weeks. The beta is 0.62, so SAR's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change -5.47%
50-Day Moving Average 22.82
200-Day Moving Average 23.87
Relative Strength Index (RSI) 56.60
Average Volume (20 Days) 116,548

Short Selling Information

The latest short interest is 416,606, so 2.57% of the outstanding shares have been sold short.

Short Interest 416,606
Short Previous Month 410,096
Short % of Shares Out 2.57%
Short % of Float n/a
Short Ratio (days to cover) 4.99

Income Statement

In the last 12 months, SAR had revenue of $125.88 million and earned $38.54 million in profits. Earnings per share was $2.50.

Revenue125.88M
Gross Profit 125.88M
Operating Income 89.26M
Pretax Income 41.10M
Net Income 38.54M
EBITDA n/a
EBIT 89.26M
Earnings Per Share (EPS) $2.50
Full Income Statement

Balance Sheet

The company has $52.30 million in cash and $764.68 million in debt, with a net cash position of -$712.39 million or -$44.02 per share.

Cash & Cash Equivalents 52.30M
Total Debt 764.68M
Net Cash -712.39M
Net Cash Per Share -$44.02
Equity (Book Value) 413.21M
Book Value Per Share 25.59
Working Capital 94.16M
Full Balance Sheet

Cash Flow

Operating Cash Flow -15.53M
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 70.91% and 30.62%.

Gross Margin 100.00%
Operating Margin 70.91%
Pretax Margin 32.65%
Profit Margin 30.62%
EBITDA Margin n/a
EBIT Margin 70.91%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.25, which amounts to a dividend yield of 13.82%.

Dividend Per Share $3.25
Dividend Yield 13.82%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 149.62%
Buyback Yield -12.51%
Shareholder Yield 1.31%
Earnings Yield 10.12%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for SAR is $23.75, which is 0.98% higher than the current price. The consensus rating is "Hold".

Price Target $23.75
Price Target Difference 0.98%
Analyst Consensus Hold
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 13, 2010. It was a reverse split with a ratio of 1:10.

Last Split Date Aug 13, 2010
Split Type Reverse
Split Ratio 1:10

Scores

SAR has an Altman Z-Score of 0.7 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.7
Piotroski F-Score 3