Saratoga Investment Corp
Research Saratoga Investment Corp (SAR) on Bullrun: valuation model: 10.9% overvalued, market cap USD 243.19M, P/E 14.9, dividend yield 21.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSAR
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryAsset Management
- CurrencyUSD
- Valuation signal10.9% overvalued
- Market capUSD 243.19M
- P/E14.9
- Dividend yield21.8%
- Financial periodFY2026
- RevenueUSD 49.92M
- Revenue growth18.6%
- Net incomeUSD 36.60M
- Free cash flow-USD 88.03M
Valuation Snapshot
Bullrun's latest valuation model marks Saratoga Investment Corp as 10.9% overvalued; latest market cap is USD 243.19M; P/E is 14.9; dividend yield is 21.8%.
Peer valuation comparison
Latest P/E is 14.92x versus a Financial Services sector median of 13.41x (11.2% above).
Latest dividend yield is 21.77% versus a Financial Services sector median of 3.66% (495.6% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 49.92M | USD 36.60M | -USD 88.03M | n/a | 2.31 | USD 1.68M | USD 739.38M | USD 396.16M |
| FY2025 | USD 42.10M | USD 28.09M | USD 197.54M | n/a | 2.02 | USD 148.22M | USD 793.88M | USD 392.67M |
| FY2024 | USD 20.36M | USD 8.93M | -USD 157.21M | n/a | 0.71 | USD 8.69M | USD 803.67M | USD 370.22M |
| FY2023 | USD 36.35M | USD 24.68M | -USD 130.37M | n/a | 2.06 | USD 65.75M | USD 728.38M | USD 346.96M |
| FY2022 | USD 57.58M | USD 45.74M | -USD 203.13M | n/a | 3.99 | USD 47.26M | USD 498.88M | USD 355.78M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 243.19M | 14.9 | 21.8% | 3.25 |
| 2025 | 2025-12-31 | USD 372.47M | 9.4 | 14.0% | 3.24 |
| 2024 | 2024-12-31 | USD 332.71M | 9.6 | 13.8% | 3.3 |
| 2023 | 2023-12-29 | USD 339.15M | 13.3 | 10.9% | 2.82 |
| 2022 | 2022-12-30 | USD 302.96M | 22.2 | 11.0% | 2.81 |
| 2021 | 2021-12-31 | USD 345.13M | 7.1 | 6.2% | 1.81 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.25 USD, yield 21.8%.
| Year | Dividends/share |
|---|---|
| FY2026 | 1.5 USD |
| FY2025 | 3.24 USD |
| FY2024 | 3.3 USD |
| FY2023 | 2.82 USD |
| FY2022 | 2.81 USD |
About Saratoga Investment Corp
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. The fund structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Saratoga Investment Corp overvalued or undervalued?
Bullrun's valuation model currently marks Saratoga Investment Corp as 10.9% overvalued.
What is Saratoga Investment Corp's market cap?
Saratoga Investment Corp's market capitalization is USD 243.19M.
What is Saratoga Investment Corp's P/E ratio?
Saratoga Investment Corp's price-to-earnings (P/E) ratio is 14.9.
Does Saratoga Investment Corp pay a dividend?
Saratoga Investment Corp has a dividend yield of 21.8%.
What does Saratoga Investment Corp do?
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. The fund structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.