Saratoga Investment Corp Stock Piotroski F Score

SAR Stock  USD 26.00  0.25  0.97%   
This module uses fundamental data of Saratoga Investment to approximate its Piotroski F score. Saratoga Investment F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Saratoga Investment Corp. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Saratoga Investment financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Saratoga Investment Altman Z Score, Saratoga Investment Correlation, Saratoga Investment Valuation, as well as analyze Saratoga Investment Alpha and Beta and Saratoga Investment Hype Analysis.
  
At this time, Saratoga Investment's Net Debt is relatively stable compared to the past year. As of 03/02/2025, Short Term Debt is likely to grow to about 677.8 B, while Long Term Debt is likely to drop slightly above 212.5 M. At this time, Saratoga Investment's Payout Ratio is relatively stable compared to the past year. As of 03/02/2025, Days Payables Outstanding is likely to grow to 3,004, while Dividend Yield is likely to drop 0.11.
At this time, it appears that Saratoga Investment's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Saratoga Investment Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Saratoga Investment is to make sure Saratoga is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Saratoga Investment's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Saratoga Investment's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09560.14
Way Down
Very volatile
Net Debt921.5 M877.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities677.8 M645.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total313.5 B298.6 B
Sufficiently Up
Slightly volatile
Total Assets1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets16.3 M17.2 M
Notably Down
Slightly volatile

Saratoga Investment Corp F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Saratoga Investment's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Saratoga Investment in a much-optimized way.

About Saratoga Investment Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

15.3 Million

At this time, Saratoga Investment's Common Stock Shares Outstanding is relatively stable compared to the past year.

Saratoga Investment ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Saratoga Investment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Saratoga Investment's managers, analysts, and investors.
Environmental
Governance
Social

About Saratoga Investment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Saratoga Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Saratoga Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Saratoga Investment Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Saratoga Investment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Saratoga Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Saratoga Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Saratoga Stock

  0.75V Visa Class APairCorr
  0.67MA MastercardPairCorr
  0.78FDUS Fidus Investment CorpPairCorr

Moving against Saratoga Stock

  0.64PYPL PayPal HoldingsPairCorr
  0.58FHI Federated InvestorsPairCorr
  0.56AMG Affiliated ManagersPairCorr
  0.44AMTD AMTD IDEA Group Earnings Call Next WeekPairCorr
  0.36DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to Saratoga Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saratoga Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Saratoga Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Saratoga Investment Corp to buy it.
The correlation of Saratoga Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saratoga Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saratoga Investment Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Saratoga Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Saratoga Stock Analysis

When running Saratoga Investment's price analysis, check to measure Saratoga Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.