Runway Growth Finance Corp. (RWAY) vs Saratoga Investment Corp (SAR)
Runway Growth Finance Corp. and Saratoga Investment Corp are both Asset Management companies. Runway Growth Finance Corp. and Saratoga Investment Corp are of similar size ($282.1M and $278.7M). Saratoga Investment Corp trades at the lower P/E: 17.1× against 61.6×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −5.47% against −12.9%. Saratoga Investment Corp has the higher net margin (12.7% vs 5.82%) and the higher return on invested capital (5.52% vs 2.96%). Both pay a dividend; Runway Growth Finance Corp. yields more (13.4% vs 12.3%). Across the 21 metrics below, Saratoga Investment Corp leads on 12 and Runway Growth Finance Corp. on 9.
Valuation
Profitability
| Metric | RWAY | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 75.26% | 68.26% | 33.03% |
| Net margin | 5.82% | 12.70% | 13.53% |
| Free cash flow margin | (56.56%) | (117.81%) | 12.44% |
| Return on equity | 1.55% | 4.07% | 4.83% |
| Return on assets | 0.69% | 1.31% | 1.57% |
| Return on invested capital | 2.96% | 5.52% | 3.04% |
Growth
Health
Dividend
Size
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