Saratoga Investment Corp. (SAR) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

16.89 k

Shareholding (Feb 2025)

FII

2.80%

Held by 15 FIIs

DII

95.6%

Held by 1 DIIs

Promoter

0.67%

How big is Saratoga Investment Corp.?

22-Jun-2025

As of Jun 18, Saratoga Investment Corp. has a market capitalization of 348.62 million, with net sales of 106.81 million and a net profit of 28.08 million over the last four quarters. Shareholder's funds are 392.67 million, and total assets are 1,191.54 million.

What does Saratoga Investment Corp. do?

22-Jun-2025

Saratoga Investment Corp. is a specialty finance company that offers customized financing solutions to middle-market businesses in the U.S. It has a market cap of approximately $348.62 million and reported net sales of $38 million with a net profit of -$1 million as of February 2025.

Who are in the management team of Saratoga Investment Corp.?

22-Jun-2025

As of March 2022, the management team of Saratoga Investment Corp. includes Chairman and CEO Christian Oberbeck, CFO Henri Steenkamp, and Independent Directors Steven Looney, Charles Whitman, and G. Cabell Williams, who oversee the company's strategic direction.

Is Saratoga Investment Corp. technically bullish or bearish?

20-Sep-2025

As of September 4, 2025, Saratoga Investment Corp. shows a mildly bullish trend, supported by daily moving averages and Bollinger Bands, but tempered by mildly bearish weekly MACD and Dow Theory indicators, with year-to-date returns of 4.06% compared to the S&P 500's 12.22%.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Strong Long Term Fundamental Strength with a 4.10% CAGR growth in Net Sales

Positive results in May 25

With ROE of 7.36%, it has a very attractive valuation with a 0.89 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Capital Markets

Market cap

USD 356 Million (Micro Cap)

P/E

12.00

Industry P/E

Dividend Yield

14.28%

Debt Equity

-999,999.00

Return on Equity

9.13%

Price to Book

0.90

Revenue and Profits:

Net Sales:

35 Million

(Quarterly Results - May 2025)

Net Profit:

14 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-8.19%

6 Months

-7.59%

1 Year

-5.6%

2 Years

-13.39%

3 Years

-15.17%

4 Years

-21.52%

5 Years

2.11%

Saratoga Investment Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Saratoga Investment Corp. technically bullish or bearish?

As of 4 September 2025, the technical trend for Saratoga Investment Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a daily moving average indicating mild bullishness and monthly Bollinger Bands showing a mildly bullish trend. However, the weekly MACD and Dow Theory are mildly bearish, which tempers the overall bullish sentiment. In terms of performance, the stock has returned 4.06% year-to-date, compared to the S&P 500's 12.22%, and over the past year, it has gained 6.64% versus the S&P 500's 17.14%. The mixed signals from various indicators suggest caution despite the mildly bullish trend....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

4.10%

EBIT Growth (5y)

16.71%

EBIT to Interest (avg)

2.44

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

3.23%

Dividend Payout Ratio

146.62%

Pledged Shares

Institutional Holding

21.46%

ROCE (avg)

29.33%

ROE (avg)

9.44%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.89

EV to EBIT

1.76

EV to EBITDA

1.77

EV to Capital Employed

0.77

EV to Sales

1.36

PEG Ratio

0.06

Dividend Yield

14.47%

ROCE (Latest)

43.85%

ROE (Latest)

7.36%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Feb 2025

Shareholding Compare (%holding)

Majority shareholders

Foreign Institutions

Domestic Funds

Held in 4 Schemes (0.92%)

Foreign Institutions

Held by 15 Foreign Institutions (2.8%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - May'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
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        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
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    ],
    "table": {
      "header": [
        "May'25",
        "Nov'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "35.20",
          "val2": "41.30",
          "chgp": "-14.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.50",
          "val2": "22.00",
          "chgp": "20.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.50",
          "val2": "13.00",
          "chgp": "-3.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.90",
          "val2": "8.80",
          "chgp": "57.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "752.20%",
          "val2": "533.40%",
          "chgp": "21.88%",
          "chgp_class": "positive"
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Feb 2025 is 215.73% vs -63.97% in Feb 2024",
        "dir": 1
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    ],
    "table": {
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        "Feb'25",
        "Feb'24",
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          "val2": "143.90",
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          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "82.40",
          "val2": "59.20",
          "chgp": "39.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "52.10",
          "val2": "49.20",
          "chgp": "5.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.80",
          "val2": "-0.10",
          "chgp": "-700.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "28.10",
          "val2": "8.90",
          "chgp": "215.73%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "771.50%",
          "val2": "411.20%",
          "chgp": "36.03%",
          "chgp_class": "positive"
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Quarterly Results Snapshot (Consolidated) - May'25 - QoQ

May'25

Nov'24

Change(%)

Net Sales

35.20

41.30

-14.77%

Operating Profit (PBDIT) excl Other Income

26.50

22.00

20.45%

Interest

12.50

13.00

-3.85%

Exceptional Items

0.00

Consolidate Net Profit

13.90

8.80

57.95%

Operating Profit Margin (Excl OI)

752.20%

533.40%

21.88%

USD in Million.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Quarterly Results

Annual Results Snapshot (Consolidated) - Feb'25

Feb'25

Feb'24

Change(%)

Net Sales

106.80

143.90

-25.78%

Operating Profit (PBDIT) excl Other Income

82.40

59.20

39.19%

Interest

52.10

49.20

5.89%

Exceptional Items

-0.80

-0.10

-700.00%

Consolidate Net Profit

28.10

8.90

215.73%

Operating Profit Margin (Excl OI)

771.50%

411.20%

36.03%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Feb 2025 is -25.78% vs 34.99% in Feb 2024

Consolidated Net Profit

YoY Growth in year ended Feb 2025 is 215.73% vs -63.97% in Feb 2024

All Annual Results

Company CV

About Saratoga Investment Corp.

Saratoga Investment Corp.

Capital Markets

Saratoga Investment Corp. is a specialty finance company. It provides customized financing solutions to the 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. The Company’s investment objective is to create attractive 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. The Company’s 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. Mezzanine debt is typically unsecured and subordinated to senior debt of the portfolio company. The Company's investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.

Company Coordinates

Company Details

535 Madison Ave , NEW YORK NY : 10022-4214

Tel: 1 212 7503343

http://www.saratogainvestmentcorp.com/

Registrar Details

Saratoga Investment Corp.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Saratoga Investment Corp.?

Watch in Real-Time

What does Saratoga Investment Corp. do?

Who are in the management team of Saratoga Investment Corp.?

Is Saratoga Investment Corp. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

Strong Long Term Fundamental Strength with a 4.10% CAGR growth in Net Sales

Positive results in May 25

With ROE of 7.36%, it has a very attractive valuation with a 0.89 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Saratoga Investment Corp. technically bullish or bearish?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Feb 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - May'25 - QoQ

Annual Results Snapshot (Consolidated) - Feb'25

About Saratoga Investment Corp.

Company Coordinates