Saratoga Investment Corp 6.00%
Financial ratios & Valuation

Forward Multiples (2026 – 2026)

Years

	2026	2026
Price/Earnings ratio	9.45	9.45
Price/Sales ratio	N/A	N/A
Earnings per Share (EPS)	$2.62	$2.62

Historical Multiples (2015 – 2024)

Years

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM	Median
Valuation Ratios
Price/Earnings ratio	12.06K	11.82K	12.57K	8.72K	9.78K	4.12K	18.67K	6.17K	11.53K	33.85K	50.59	4.12K
Price/Sales ratio Price/Sales ratio The P/E ratio and P/S reflects how many times investors are paying for every dollar of a company's sales. Since earnings are subject, to one degree or another, to accounting estimates and management manipulation, many investors consider a company's sales (revenue) figure a more reliable ratio component in calculating a stock's price multiple than the earnings figure. $\frac{StockPricePerShare}{RevenuePerShare}$	4.85K	4.54K	3.14K	4.71K	3.58K	2.26K	5.63K	3.35K	2.67K	2.10K	0.00	2.26K
Price/Book Value ratio	1.08	1.09K	449.52	428.25	400.29	755.24	907.04	794.08	820.65	0.81	0.89	755.24
Price/Cash Flow ratio	-6.11K	-4.27K	11.44K	14.54K	15.70K	10.33K	28.57K	10.08K	8.76K	-1.92K	2.71	10.33K
Price/Free Cash Flow ratio	-6.11K	-4.27K	11.44K	14.54K	15.70K	10.33K	28.57K	10.08K	8.76K	-1.92K	0.00	10.33K
Price/Earnings Growth ratio Price/Earnings Growth ratio The PEG ratio is a refinement of the P/E ratio and factors in a stock's estimated earnings growth into its current valuation.The general consensus is that if the PEG ratio indicates a value of 1, this means that the market is correctly valuing (the current P/E ratio) a stock in accordance with the stock's current estimated earnings per share growth. If the PEG ratio is less than 1, this means that EPS growth is potentially able to surpass the market's current valuation. In other words, the stock's price is being undervalued. On the other hand, stocks with high PEG ratios can indicate just the opposite - that the stock is currently overvalued. $\frac{PriceEarningsRatio}{ExpectedRevenueGrowth}$	482.56	2.36K	-2.64K	218.21	-913.53	29.44	-238.36	29.74	-242.92	-507.82	1.61	-913.53
Dividend Yield Dividend Yield Income investors value a dividend-paying stock, while growth investors have little interest in dividends, preferring to capture large capital gains. Whatever your investing style, it is a matter of historical record that dividend-paying stocks have performed better than non-paying-dividend stocks over the long term. $\frac{DividendPerShare}{StockPricePerShare}$	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	6.20%	0.00%

Profitability Indicator Ratios
Gross Profit Margin	100%	73.78%	79.76%	63.87%	74.00%	75.92%	66.19%	68.38%	76.87%	78.37%	99.95%	74.00%
Operating Profit Margin	63.35%	66.39%	46.23%	72.25%	57.81%	72.01%	67.34%	83.43%	57.03%	75.01%	71.81%	57.81%
Pretax Profit Margin	41.28%	38.46%	49.92%	87.41%	61.56%	55.95%	39.32%	56.91%	24.11%	7.51%	24.45%	55.95%
Net Profit Margin	40.20%	38.46%	25.01%	54.00%	36.60%	55.00%	30.19%	54.35%	23.15%	6.20%	8.08%	55.00%
Effective Tax Rate	2.59%	0.97%	100%	100%	100%	1.69%	23.22%	4.49%	3.94%	17.32%	0.91%	1.69%
Return on Assets	0.00%	3.94%	0.00%	0.00%	0.00%	10.49%	2.49%	5.21%	2.28%	0.00%	0.54%	0.00%
Return On Equity	0.00%	9.30%	3.57%	4.90%	4.08%	18.31%	4.85%	12.85%	7.11%	0.00%	3.57%	18.31%
Return on Capital Employed	0.00%	-0.22%	0.00%	0.00%	0.00%	-0.36%	-0.28%	-0.21%	-0.12%	0.01%	9.00%	0.00%

Liquidity Ratios
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.30	N/A
Quick Ratio Quick Ratio The quick ratio is more conservative than the current ratio because it excludes inventory and other current assets, which generally are more difficult to turn into cash. A higher quick ratio means a more liquid current position. $\frac{CashAndCashEquivalents + ShortTermInvestments + AccountReceivables}{CurrentLiabilities}$	2.56	1.17	0.03	0.03	92.00K	0.02	3.07	1.77	0.02	0.09	0.30	0.02
Cash ratio	0.21	0.00	0.00	0.00	83.94	0.00	0.00	0.00	0.00	0.01	0.15	0.15
Days of Sales Outstanding	35.21K	40.57K	27.78K	36.57K	29.77K	18.30K	31.75K	23.66K	29.19K	26.38K	45.03	18.30K
Days of Inventory outstanding	N/A	N/A	1.00M	514.81K	0.02	657.72K	0.02	0.01	1.53M	N/A	N/A	657.72K
Operating Cycle	N/A	40.57K	1.03M	551.38K	29.77K	676.03K	31.75K	23.66K	1.56M	26.38K	45.03	676.03K
Days of Payables Outstanding	N/A	39.36K	33.79K	28.52K	43.14K	25.63K	38.60K	10.96K	21.69K	15.69K	14.57K	25.63K
Cash Conversion Cycle Cash Conversion Cycle The cash conversion cycle (CCC = DSO + DIO – DPO) measures the number of days a company's cash is tied up in the production and sales process of its operations and the benefit it derives from payment terms from its creditors. The shorter this cycle, the more liquid the company's working capital position is. The CCC is also known as the "cash" or "operating" cycle. $(DSO+DIO-DPO)$	N/A	1.21K	1.00M	522.85K	-13.37K	650.39K	-6.85K	12.70K	1.54M	10.68K	-14.52K	650.39K

Debt Ratios
Debt Ratio	0.50	0.54	0.00	0.00	0.00	0.77	0.46	14.83	30.80	0.64	0.63	0.00
Debt Equity Ratio	1.07	1.28	0.56	0.57	0.58	1.34	0.90	36.53	95.72	2.07	2.07	0.58
Long-term Debt to Capitalization	0.51	0.56	0.36	0.36	0.37	0.40	0.47	0.58	0.67	0.35	0.35	0.40
Total Debt to Capitalization	0.51	0.56	0.36	0.36	0.37	0.57	0.47	0.97	0.98	0.67	0.67	0.37
Interest Coverage Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.24	N/A
Cash Flow to Debt Ratio	-0.00	-0.20	0.06	0.05	0.04	0.05	0.03	0.00	0.00	-0.00	0.15	0.04
Company Equity Multiplier	2.14	2.35	1K	1K	1K	1.74	1.94	2.46	3.10	3.21	3.26	3.26

Cash Flow Ratios
Operating Cash Flow / Sales Ratio	-0.79	-1.06	0.27	0.32	0.22	0.21	0.19	0.33	0.30	-1.09	1.50	0.22
Free Cash Flow / Operating Cash Flow Ratio	1	1	1	1	1	1	1	1	1	1	1	1
Cash Flow Coverage Ratio	-0.00	-0.20	0.06	0.05	0.04	0.05	0.03	0.00	0.00	-0.00	0.15	0.04
Short Term Coverage Ratio	N/A	N/A	N/A	N/A	N/A	0.10	N/A	0.00	0.00	-0.00	0.21	0.21
Dividend Payout Ratio	13.03%	67.89%	59.58%	50.97%	62.40%	30.50%	76.23%	39.70%	91.85%	358.78%	273.99%	62.40%

Saratoga Investment Corp 6.00% Financial ratios & Valuation

Forward Multiples (2026 – 2026)

Historical Multiples (2015 – 2024)

Saratoga Investment Corp 6.00%
Financial ratios & Valuation