Saratoga Investment Corp
NYSE:SAR
Intrinsic Value
Saratoga Investment Corp. (NYSE: SAR) is a publicly traded business development company (BDC) that provides customized financing solutions for middle market companies located in the United States. [ Read More ]
The intrinsic value of one
SAR
stock under the Base Case scenario is
53.96
USD.
Compared to the current market price of 23.65 USD,
Saratoga Investment Corp
is
Undervalued by 56%.
Saratoga Investment Corp's market capitalization is 310.2m USD.
SAR stock price is 23.65 USD.
SAR stock price (23.65 USD) is 56% less than its Intrinsic Value (53.96 USD).
SAR stock price (23.65 USD) is 71% less than its Relative Value (80.84 USD). Open Relative Valuation
SAR has upside potential of 12% compared to the average analyst price target.
Open Wall St Estimates
SAR has positive three-year average ROE (Return on Equity): 10%. The company is efficient at transforming stockholders' equity into net income.
SAR's ROIC (Return on Invested Capital) has increased in the last 3 years from 3% to 5%.
SAR's ROE (Return on Equity) has increased in the last 3 years from 5% to 7%.
SAR's ROE (Return on Equity) for the past 12 months is positive and is equal to 7%.
SAR's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 5%.
SAR's Revenue is forecast to grow at a rate of 12% per year over the next 3 years.
SAR's long-term assets (1B USD) exceed its long-term liabilties (812m USD).
SAR has a very low three-year average ROIC (Return on Invested Capital): 3%. The company is not efficient at using invested capital to generate operating income.
SAR's Revenue has grown by an exceptional 62% over the past 12 months.
SAR has positive Operating Income for the last twelve months.
SAR has positive Gross Profit for the last twelve months.
SAR's Revenue has been growing by an exceptional 33% per year for the last 3 years.
SAR's D/E (Debt to Equity) is very high and is equal to 2.26.
SAR has positive Net Income for the last twelve months.
SAR has negative Free Cash Flow for the last twelve months.
SAR's short-term assets (47m USD) exceed its short-term liabilties (15m USD).
SAR has positive Net Debt. This means that the company has more debt (812m USD) than cash and short-term investments (47m USD).
SAR's Altman Z-Score is very low and is equal to 0.51.
SAR generates enough operating income (54m USD) to cover interest payments on its debt (42m USD).
Valuation Backtest
Saratoga Investment Corp
Run backtest to discover the historical profit from buying and selling
SAR
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Saratoga Investment Corp
Balance Sheet Decomposition
Saratoga Investment Corp
| Current Assets | 47.5m |
| Cash & Short-Term Investments | 47m |
| Receivables | 463.7k |
| Non-Current Assets | 1.1B |
| Long-Term Investments | 1.1B |
| Other Non-Current Assets | 10.2m |
| Current Liabilities | 15.1m |
| Accounts Payable | 10.2m |
| Accrued Liabilities | 4.6m |
| Other Current Liabilities | 250k |
| Non-Current Liabilities | 797.1m |
| Long-Term Debt | 812m |
| Other Non-Current Liabilities | -15m |
Earnings Waterfall
Saratoga Investment Corp
|
Revenue
|
138.8m
USD
|
|
Cost of Revenue
|
-76.9m
USD
|
|
Gross Profit
|
61.9m
USD
|
|
Operating Expenses
|
-8.1m
USD
|
|
Operating Income
|
53.7m
USD
|
|
Other Expenses
|
-30.9m
USD
|
|
Net Income
|
22.8m
USD
|
Free Cash Flow Analysis
Saratoga Investment Corp
SAR Profitability Score
Profitability Due Diligence
Saratoga Investment Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Saratoga Investment Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
SAR Solvency Score
Solvency Due Diligence
Saratoga Investment Corp's solvency score is 28/100. The higher the solvency score, the more solvent the company is.
Score
Saratoga Investment Corp's solvency score is 28/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SAR Price Targets Summary
Saratoga Investment Corp
According to Wall Street analysts, the average 1-year price target for
SAR
is 26.56 USD
with a low forecast of 24.24 USD and a high forecast of 30.45 USD.
Ownership
SAR Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
SAR Price
Saratoga Investment Corp
| Average Annual Return | 10.44% |
| Standard Deviation of Annual Returns | 30.36% |
| Max Drawdown | -70% |
| Market Capitalization | 310.2m USD |
| Shares Outstanding | 13 650 000 |
| Percentage of Shares Shorted | 0.79% |
Company Profile
Saratoga Investment Corp
Country
Industry
Market Cap
Dividend Yield
Description
Saratoga Investment Corp. (NYSE: SAR) is a publicly traded business development company (BDC) that provides customized financing solutions for middle market companies located in the United States. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2010-08-13. The firm provides customized financing solutions to United States middle-market businesses. The company primarily invests in senior and unitranche leveraged loans and mezzanine debt and, to a lesser extent, equity issued by private United States middle-market companies. Its investment objective is to create risk-adjusted returns by generating current income and long-term capital appreciation from its investments. Its investments generally provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its portfolio is comprised primarily of investments in leveraged loans issued by middle market companies. The company also invests in mezzanine debt and make equity investments in middle market companies. Its investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.
Contact
IPO
Employees
Officers
The intrinsic value of one
SAR
stock under the Base Case scenario is
53.96
USD.
Compared to the current market price of 23.65 USD,
Saratoga Investment Corp
is
Undervalued by 56%.
You don't have any saved screeners yet
