Saratoga Investment Corp. (SAR)
NYSE: SAR · Real-Time Price · USD
24.15
-0.50 (-2.03%)
At close: Aug 1, 2025, 4:00 PM
24.63
+0.48 (1.99%)
After-hours: Aug 1, 2025, 7:57 PM EDT

Saratoga Investment Statistics

Total Valuation

SAR has a market cap or net worth of $378.39 million. The enterprise value is $1.03 billion.

Market Cap378.39M
Enterprise Value 1.03B

Important Dates

The last earnings date was Tuesday, July 8, 2025, after market close.

Earnings Date Jul 8, 2025
Ex-Dividend Date Aug 6, 2025

Share Statistics

SAR has 15.67 million shares outstanding. The number of shares has increased by 9.15% in one year.

Current Share Class 15.67M
Shares Outstanding 15.67M
Shares Change (YoY) +9.15%
Shares Change (QoQ) +6.15%
Owned by Insiders (%) 13.09%
Owned by Institutions (%) 16.91%
Float 13.62M

Valuation Ratios

The trailing PE ratio is 9.77 and the forward PE ratio is 9.12.

PE Ratio 9.77
Forward PE 9.12
PS Ratio 2.43
Forward PS 2.92
PB Ratio 0.95
P/TBV Ratio 0.95
P/FCF Ratio n/a
P/OCF Ratio 2.13
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 29.02
EV / Sales 7.21
EV / EBITDA n/a
EV / EBIT 9.95
EV / FCF n/a

Financial Position

The company has a current ratio of 2.57, with a Debt / Equity ratio of 1.97.

Current Ratio 2.57
Quick Ratio 1.55
Debt / Equity 1.97
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 2.00

Financial Efficiency

Return on equity (ROE) is 9.27% and return on invested capital (ROIC) is 5.47%.

Return on Equity (ROE) 9.27%
Return on Assets (ROA) 5.37%
Return on Invested Capital (ROIC) 5.47%
Return on Capital Employed (ROCE) 9.29%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, SAR has paid $2.93 million in taxes.

Income Tax 2.93M
Effective Tax Rate 7.65%

Stock Price Statistics

The stock price has increased by +3.29% in the last 52 weeks. The beta is 0.73, so SAR's price volatility has been lower than the market average.

Beta (5Y) 0.73
52-Week Price Change +3.29%
50-Day Moving Average 24.73
200-Day Moving Average 24.52
Relative Strength Index (RSI) 37.11
Average Volume (20 Days) 141,969

Short Selling Information

The latest short interest is 285,036, so 1.82% of the outstanding shares have been sold short.

Short Interest 285,036
Short Previous Month 267,265
Short % of Shares Out 1.82%
Short % of Float 2.09%
Short Ratio (days to cover) 2.73

Income Statement

In the last 12 months, SAR had revenue of $142.50 million and earned $35.41 million in profits. Earnings per share was $2.47.

Revenue142.50M
Gross Profit 142.50M
Operating Income 103.29M
Pretax Income 15.73M
Net Income 35.41M
EBITDA n/a
EBIT 103.29M
Earnings Per Share (EPS) $2.47
Full Income Statement

Balance Sheet

The company has $131.56 million in cash and $780.58 million in debt, giving a net cash position of -$649.01 million or -$41.42 per share.

Cash & Cash Equivalents 131.56M
Total Debt 780.58M
Net Cash -649.01M
Net Cash Per Share -$41.42
Equity (Book Value) 396.37M
Book Value Per Share 25.52
Working Capital 142.25M
Full Balance Sheet

Cash Flow

Operating Cash Flow 177.68M
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 72.49% and 24.85%.

Gross Margin 100.00%
Operating Margin 72.49%
Pretax Margin 26.91%
Profit Margin 24.85%
EBITDA Margin n/a
EBIT Margin 72.49%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 12.42%.

Dividend Per Share $3.00
Dividend Yield 12.42%
Dividend Growth (YoY) n/a
Years of Dividend Growth 4
Payout Ratio 154.57%
Buyback Yield -9.15%
Shareholder Yield 3.27%
Earnings Yield 9.36%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for SAR is $24.75, which is 2.48% higher than the current price. The consensus rating is "Hold".

Price Target $24.75
Price Target Difference 2.48%
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 0.77 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.77
Piotroski F-Score 6