SLR INVESTMENT CORP (SLRC) Stock Fundamental Analysis
NASDAQ:SLRC - Nasdaq - US83413U1007 - Common Stock - Currency: USD
SLRC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 233 industry peers in the Capital Markets industry. SLRC has an average financial health and profitability rating. SLRC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SLRC was profitable.
SLRC had a positive operating cash flow in the past year.
In the past 5 years SLRC has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: SLRC reported negative operating cash flow in multiple years.
1.2 Ratios
SLRC has a Return On Assets (3.51%) which is comparable to the rest of the industry.
SLRC's Return On Equity of 8.87% is in line compared to the rest of the industry. SLRC outperforms 54.94% of its industry peers.
SLRC has a Return On Invested Capital (3.68%) which is comparable to the rest of the industry.
SLRC had an Average Return On Invested Capital over the past 3 years of 3.33%. This is below the industry average of 7.84%.
The 3 year average ROIC (3.33%) for SLRC is below the current ROIC(3.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 8.87% | ||
| ROIC | 3.68% |
ROA(3y)2.55%
ROA(5y)2.28%
ROE(3y)6.41%
ROE(5y)5.62%
ROIC(3y)3.33%
ROIC(5y)3.19%
1.3 Margins
SLRC has a better Profit Margin (38.60%) than 82.40% of its industry peers.
SLRC's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 41.56%, SLRC is doing good in the industry, outperforming 72.53% of the companies in the same industry.
SLRC's Operating Margin has declined in the last couple of years.
The Gross Margin of SLRC (45.66%) is comparable to the rest of the industry.
SLRC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.56% | ||
| PM (TTM) | 38.6% | ||
| GM | 45.66% |
OM growth 3Y-1.77%
OM growth 5Y-2.43%
PM growth 3Y-1.22%
PM growth 5Y2.62%
GM growth 3Y-3.67%
GM growth 5Y-2.76%
2. Health
2.1 Basic Checks
Compared to 1 year ago, SLRC has about the same amount of shares outstanding.
SLRC has more shares outstanding than it did 5 years ago.
SLRC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that SLRC is in the distress zone and has some risk of bankruptcy.
SLRC's Altman-Z score of 0.51 is on the low side compared to the rest of the industry. SLRC is outperformed by 63.95% of its industry peers.
SLRC has a debt to FCF ratio of 2.81. This is a good value and a sign of high solvency as SLRC would need 2.81 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.81, SLRC is in the better half of the industry, outperforming 78.11% of the companies in the same industry.
A Debt/Equity ratio of 1.05 is on the high side and indicates that SLRC has dependencies on debt financing.
SLRC's Debt to Equity ratio of 1.05 is in line compared to the rest of the industry. SLRC outperforms 48.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 2.81 | ||
| Altman-Z | 0.51 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.06 indicates that SLRC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.06, SLRC is in line with its industry, outperforming 44.64% of the companies in the same industry.
A Quick Ratio of 1.06 indicates that SLRC should not have too much problems paying its short term obligations.
SLRC has a Quick ratio of 1.06. This is comparable to the rest of the industry: SLRC outperforms 48.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
SLRC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.34%.
The Earnings Per Share has been growing slightly by 0.57% on average over the past years.
Looking at the last year, SLRC shows a decrease in Revenue. The Revenue has decreased by -2.72% in the last year.
Measured over the past years, SLRC shows a quite strong growth in Revenue. The Revenue has been growing by 8.48% on average per year.
EPS 1Y (TTM)2.34%
EPS 3Y7.07%
EPS 5Y0.57%
EPS Q2Q%-6.82%
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y18.59%
Revenue growth 5Y8.48%
Sales Q2Q%-8.47%
3.2 Future
The Earnings Per Share is expected to decrease by -4.50% on average over the next years.
SLRC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.04% yearly.
EPS Next Y-7.11%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
EPS Next 5YN/A
Revenue Next Year-8.59%
Revenue Next 2Y-4.42%
Revenue Next 3Y-5.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.22, the valuation of SLRC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SLRC indicates a somewhat cheap valuation: SLRC is cheaper than 76.82% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.15, SLRC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.71, the valuation of SLRC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SLRC indicates a somewhat cheap valuation: SLRC is cheaper than 74.68% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.60. SLRC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
89.27% of the companies in the same industry are more expensive than SLRC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SLRC's earnings are expected to decrease with -4.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)16.14
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
5. Dividend
5.1 Amount
SLRC has a Yearly Dividend Yield of 10.20%, which is a nice return.
Compared to an average industry Dividend Yield of 8.00, SLRC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, SLRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.2% |
5.2 History
The dividend of SLRC has a limited annual growth rate of 0.02%.
SLRC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)0.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
101.89% of the earnings are spent on dividend by SLRC. This is not a sustainable payout ratio.
SLRC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP101.89%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
16.14
+0.05 (+0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners36.5%
Inst Owner Change1.48%
Ins Owners2.72%
Ins Owner Change0%
Market Cap880.44M
Analysts73.75
Price Target17.09 (5.89%)
Short Float %0.37%
Short Ratio1.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.2% |
Yearly Dividend1.64
Dividend Growth(5Y)0.02%
DP101.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.11%
Min EPS beat(2)-2.49%
Max EPS beat(2)0.27%
EPS beat(4)3
Avg EPS beat(4)0.93%
Min EPS beat(4)-2.49%
Max EPS beat(4)3.35%
EPS beat(8)5
Avg EPS beat(8)-0.29%
EPS beat(12)7
Avg EPS beat(12)-0.74%
EPS beat(16)7
Avg EPS beat(16)-2.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.78%
Min Revenue beat(2)-3.07%
Max Revenue beat(2)-2.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)1.07%
Revenue beat(8)2
Avg Revenue beat(8)-1.14%
Revenue beat(12)2
Avg Revenue beat(12)-1.4%
Revenue beat(16)2
Avg Revenue beat(16)-2.91%
PT rev (1m)-0.19%
PT rev (3m)-0.92%
EPS NQ rev (1m)-0.68%
EPS NQ rev (3m)-2.28%
EPS NY rev (1m)-0.62%
EPS NY rev (3m)-1.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 9.71 | ||
| P/S | 3.87 | ||
| P/FCF | 2.38 | ||
| P/OCF | 2.38 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.75
EY10.84%
EPS(NY)1.66
Fwd EY10.3%
FCF(TTM)6.78
FCFY42.04%
OCF(TTM)6.78
OCFY42.04%
SpS4.17
BVpS18.16
TBVpS18.16
PEG (NY)N/A
PEG (5Y)16.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 8.87% | ||
| ROCE | 4.65% | ||
| ROIC | 3.68% | ||
| ROICexc | 4.77% | ||
| ROICexgc | 4.77% | ||
| OM | 41.56% | ||
| PM (TTM) | 38.6% | ||
| GM | 45.66% | ||
| FCFM | 162.68% |
ROA(3y)2.55%
ROA(5y)2.28%
ROE(3y)6.41%
ROE(5y)5.62%
ROIC(3y)3.33%
ROIC(5y)3.19%
ROICexc(3y)4.11%
ROICexc(5y)4.01%
ROICexgc(3y)4.11%
ROICexgc(5y)4.01%
ROCE(3y)4.22%
ROCE(5y)4.04%
ROICexcg growth 3Y9.35%
ROICexcg growth 5Y-2.7%
ROICexc growth 3Y9.35%
ROICexc growth 5Y-2.7%
OM growth 3Y-1.77%
OM growth 5Y-2.43%
PM growth 3Y-1.22%
PM growth 5Y2.62%
GM growth 3Y-3.67%
GM growth 5Y-2.76%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 2.81 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.44 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 421.49% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 0.51 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.34%
EPS 3Y7.07%
EPS 5Y0.57%
EPS Q2Q%-6.82%
EPS Next Y-7.11%
EPS Next 2Y-3.34%
EPS Next 3Y-4.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y18.59%
Revenue growth 5Y8.48%
Sales Q2Q%-8.47%
Revenue Next Year-8.59%
Revenue Next 2Y-4.42%
Revenue Next 3Y-5.04%
Revenue Next 5YN/A
EBIT growth 1Y0.82%
EBIT growth 3Y16.49%
EBIT growth 5Y5.84%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y281.73%
FCF growth 3YN/A
FCF growth 5Y10.62%
OCF growth 1Y281.73%
OCF growth 3YN/A
OCF growth 5Y10.62%