stockrowRunway Growth Finance Corp. (RWAY) vs Saratoga Investment Corp (SAR)
- Runway Growth Finance Corp. RWAY 6.69 +9.31%
- Saratoga Investment Corp SAR 12.92 +0.16%
Runway Growth Finance Corp. and Saratoga Investment Corp are both Asset Management companies. Runway Growth Finance Corp. is the larger, with a market value of $256.5M against $200.7M — 1.3× the size. Saratoga Investment Corp has negative trailing earnings, so its P/E is not meaningful; Runway Growth Finance Corp. trades at 41.1×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −2.83% against −4.15%. Runway Growth Finance Corp. has the higher net margin (7.62% vs −3.35%) and the higher return on invested capital (7.17% vs 6.21%). Both pay a dividend; Saratoga Investment Corp yields more (23.2% vs 21.4%). Across the 18 metrics below, Runway Growth Finance Corp. leads on 12 and Saratoga Investment Corp on 6.
Valuation
Profitability
| Metric | RWAY | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 75.20% | 67.89% | 27.27% |
| Net margin | 7.62% | (3.35%) | 11.89% |
| Free cash flow margin | (12.79%) | (124.08%) | 5.96% |
| Return on equity | 2.12% | (1.09%) | 4.57% |
| Return on assets | 1.02% | (0.34%) | 1.40% |
| Return on invested capital | 7.17% | 6.21% | 2.12% |
Growth
Health
Dividend
Size
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