Saratoga Investment Corp. (SAR)
NYSE: SAR · Real-Time Price · USD
22.49
-0.18 (-0.79%)
At close: Oct 24, 2025, 4:00 PM EDT
22.98
+0.49 (2.18%)
After-hours: Oct 24, 2025, 7:29 PM EDT

Saratoga Investment Statistics

Total Valuation

SAR has a market cap or net worth of $362.18 million. The enterprise value is $1.03 billion.

Market Cap362.18M
Enterprise Value 1.03B

Important Dates

The last earnings date was Tuesday, October 7, 2025, after market close.

Earnings Date Oct 7, 2025
Ex-Dividend Date Nov 4, 2025

Share Statistics

SAR has 16.10 million shares outstanding. The number of shares has increased by 9.78% in one year.

Current Share Class 16.10M
Shares Outstanding 16.10M
Shares Change (YoY) +9.78%
Shares Change (QoQ) +2.81%
Owned by Insiders (%) 12.77%
Owned by Institutions (%) 15.10%
Float n/a

Valuation Ratios

The trailing PE ratio is 9.43 and the forward PE ratio is 9.65.

PE Ratio 9.43
Forward PE 9.65
PS Ratio 2.56
Forward PS 2.79
PB Ratio 0.88
P/TBV Ratio 0.88
P/FCF Ratio n/a
P/OCF Ratio 4.15
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 29.21
EV / Sales 7.94
EV / EBITDA n/a
EV / EBIT 11.08
EV / FCF n/a

Financial Position

The company has a current ratio of 2.49, with a Debt / Equity ratio of 1.89.

Current Ratio 2.49
Quick Ratio 1.36
Debt / Equity 1.89
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 1.84

Financial Efficiency

Return on equity (ROE) is 9.04% and return on invested capital (ROIC) is 4.90%.

Return on Equity (ROE) 9.04%
Return on Assets (ROA) 4.82%
Return on Invested Capital (ROIC) 4.90%
Return on Capital Employed (ROCE) 8.32%
Revenue Per Employee $74
Profits Per Employee $20
Employee Count 1,768,642
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

In the past 12 months, SAR has paid $2.80 million in taxes.

Income Tax 2.80M
Effective Tax Rate 7.33%

Stock Price Statistics

The stock price has decreased by -6.29% 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 -6.29%
50-Day Moving Average 24.10
200-Day Moving Average 24.48
Relative Strength Index (RSI) 41.78
Average Volume (20 Days) 160,237

Short Selling Information

The latest short interest is 431,364, so 2.68% of the outstanding shares have been sold short.

Short Interest 431,364
Short Previous Month 410,881
Short % of Shares Out 2.68%
Short % of Float n/a
Short Ratio (days to cover) 2.81

Income Statement

In the last 12 months, SAR had revenue of $130.12 million and earned $35.38 million in profits. Earnings per share was $2.38.

Revenue130.12M
Gross Profit 130.12M
Operating Income 93.28M
Pretax Income 38.18M
Net Income 35.38M
EBITDA n/a
EBIT 93.28M
Earnings Per Share (EPS) $2.38
Full Income Statement

Balance Sheet

The company has $105.66 million in cash and $776.80 million in debt, giving a net cash position of -$671.14 million or -$41.68 per share.

Cash & Cash Equivalents 105.66M
Total Debt 776.80M
Net Cash -671.14M
Net Cash Per Share -$41.68
Equity (Book Value) 410.50M
Book Value Per Share 25.61
Working Capital 125.35M
Full Balance Sheet

Cash Flow

Operating Cash Flow 87.23M
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 71.69% and 27.19%.

Gross Margin 100.00%
Operating Margin 71.69%
Pretax Margin 29.34%
Profit Margin 27.19%
EBITDA Margin n/a
EBIT Margin 71.69%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 13.34%.

Dividend Per Share $3.00
Dividend Yield 13.34%
Dividend Growth (YoY) n/a
Years of Dividend Growth 4
Payout Ratio 160.67%
Buyback Yield -9.78%
Shareholder Yield 3.56%
Earnings Yield 9.77%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for SAR is $23.75, which is 5.60% higher than the current price. The consensus rating is "Hold".

Price Target $23.75
Price Target Difference 5.60%
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 0.73 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.73
Piotroski F-Score 6