Crescent Capital BDC, Inc. (CCAP) vs Saratoga Investment Corp (SAR)
Crescent Capital BDC, Inc. and Saratoga Investment Corp are both Asset Management companies. Crescent Capital BDC, Inc. is the larger, with a market value of $353.0M against $278.7M — 1.3× the size. Crescent Capital BDC, Inc. has negative trailing earnings, so its P/E is not meaningful; Saratoga Investment Corp trades at 17.1×. Saratoga Investment Corp grew revenue faster over the last twelve months: −12.9% against −14.6%. Saratoga Investment Corp has the higher net margin (12.7% vs −2.03%) and the higher return on invested capital (5.52% vs 2.58%). Both pay a dividend; Saratoga Investment Corp yields more (12.3% vs 10.9%). Across the 21 metrics below, Saratoga Investment Corp leads on 16 and Crescent Capital BDC, Inc. on 5.
Valuation
Profitability
| Metric | CCAP | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 64.03% | 100.00% | 100.00% |
| Operating margin | 40.82% | 68.26% | 33.03% |
| Net margin | (2.03%) | 12.70% | 13.53% |
| Free cash flow margin | 25.23% | (117.81%) | 12.44% |
| Return on equity | (0.46%) | 4.07% | 4.83% |
| Return on assets | (0.19%) | 1.31% | 1.57% |
| Return on invested capital | 2.58% | 5.52% | 3.04% |
Growth
Health
Dividend
Size
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