SAR
SARATOGA INVESTMENT CORP.
Next earnings Jul 14, 2026 · consensus $0.56 EPS, $31.6M rev
Last earnings -1.8% on 2026-05-05
$22.29
▲ +0.86%$22.29▲ +2.88%
over 1Y
L $19.77EODHDH $23.38
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.9%
1W+0.9%
1M+0.1%
3M+10.1%
YTD+2.6%
1Y+2.9%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 12 analysts
Hold
Mixed signals in the latest filings.
Return on equity 9.2% · latest
The read
It screens cheap (~294% below fair value), but the weak fundamentals are why — more potential value trap than bargain.
SARATOGA INVESTMENT CORP. shows limited reported revenue, and 9.2% ROE.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $45.7M | $24.7M | $8.93M | $28.1M | $36.6M |
| Diluted EPS | $3.99 | $2.06 | $0.71 | $2.02 | $2.31 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)0.32
Earnings yield10.1%
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt$739M
Net cash-$738M
Piotroski F-Score3/6
Capital returns
Buyback yield0.0%
Dividend yield (est.)14.4%
Shareholder yield14.5%
Shares Δ YoY+5.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-05-052026-05-05open ↗10-KPeriod ending 2026-02-282026-05-05open ↗8-KPeriod ending 2026-04-102026-04-14open ↗8-KPeriod ending 2026-03-132026-03-13open ↗424B2Filing2026-03-13open ↗EFFECTFiling2026-03-11open ↗N-2/AFiling2026-03-06open ↗N-2/AFiling2026-03-03open ↗40-17GFiling2026-02-20open ↗CERTFiling2026-02-09open ↗8-A12BFiling2026-02-06open ↗8-KPeriod ending 2026-02-062026-02-06open ↗
Frequently asked
- Is SARATOGA INVESTMENT CORP. (SAR) a buy?
- SAR currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
- What is SAR's fair value?
- A Modified-Graham model based on SAR's SEC fundamentals estimates a fair value of about $87.78. It is an estimate from reported earnings, not a price target.
- Is SAR overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SAR currently appears undervalued relative to its SEC-grounded earnings power.
- What is SARATOGA INVESTMENT CORP.'s quality score?
- SAR scores 82.6470588235294/100 (grade A-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001377936, latest 10-K filed 2026-05-05) · EODHD · as of 6/26/2026, 8:08:01 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.