Saratoga Investment

Active Portfolio Management Will Drive Future Success In Lower Middle Market

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

13 Oct 24

Updated

01 May 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-12.7%

7D

2.0%

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1Y

-12.7%

7D

2.0%

You can edit this narrative until May 12 5:59 AM. Then, changes will post as Updates.

Author's Valuation

US$24.548.4% undervalued

AnalystConsensusTarget Fair Value

Shared on 01 May 25

Fair value Increased 6.15%

Shared on 23 Apr 25

Fair value Increased 0.78%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 1.06%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Decreased 7.50%

AnalystConsensusTarget has decreased revenue growth from -6.1% to -12.4%, increased profit margin from 39.5% to 48.8%, decreased future PE multiple from 12.8x to 11.4x and decreased shares outstanding growth rate from 0.1% to 0.0%.

AnalystConsensusTarget Fair Value

US$24.54

8.4% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

-1.49%

Capital Markets revenue growth rate

0.25%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

12.50%

Calculation

US$60.31m

Earnings '28

x

13.26x

PE Ratio '28

=

US$800.00m

Market Cap '28

US$800.00m

Market Cap '28

/

22.93m

No. shares '28

=

US$34.89

Share Price '28

US$34.89 Share Price '28

Discounted to 2025 @ 12.32% p.a.

=

US$24.62

Fair Value '25