Chicago Atlantic BDC, Inc. (LIEN) vs Saratoga Investment Corp (SAR)
Chicago Atlantic BDC, Inc. and Saratoga Investment Corp are both Asset Management companies. Saratoga Investment Corp is the larger, with a market value of $278.7M against $235.3M — 1.2× the size. Chicago Atlantic BDC, Inc. trades at the lower P/E: 7.2× against 17.1×. Chicago Atlantic BDC, Inc. grew revenue faster over the last twelve months: 46.9% against −12.9%. Chicago Atlantic BDC, Inc. has the higher net margin (52.8% vs 12.7%) and the lower return on invested capital (0.00% vs 5.52%). Both pay a dividend; Saratoga Investment Corp yields more (12.3% vs 5.83%). Across the 20 metrics below, Chicago Atlantic BDC, Inc. leads on 15 and Saratoga Investment Corp on 5.
Valuation
Profitability
| Metric | LIEN | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 63.70% | 68.26% | 33.03% |
| Net margin | 52.82% | 12.70% | 13.53% |
| Free cash flow margin | (5.03%) | (117.81%) | 12.44% |
| Return on equity | 10.48% | 4.07% | 4.83% |
| Return on assets | 9.38% | 1.31% | 1.57% |
| Return on invested capital | 0.00% | 5.52% | 3.04% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack