Oaktree Specialty Lending Corporation

NasdaqGS:OCSL Stock Report

Market Cap: US$1.0b

Oaktree Specialty Lending Valuation

Is OCSL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of OCSL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: OCSL ($12) is trading below our estimate of future cash flow value ($12.07)

Significantly Below Future Cash Flow Value: OCSL is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OCSL?

Key metric: As OCSL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OCSL. This is calculated by dividing OCSL's market cap by their current earnings.
What is OCSL's PE Ratio?
PE Ratio21.3x
EarningsUS$49.65m
Market CapUS$1.05b

Price to Earnings Ratio vs Peers

How does OCSL's PE Ratio compare to its peers?

Insufficient data to calculate this valuation analysis check
The above table shows the PE ratio for OCSL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Averagen/a
OCSL Oaktree Specialty Lending
21.3x48.19%US$1.0b

Price-To-Earnings vs Peers: Insufficient data to calculate OCSL's Price-To-Earnings Ratio vs. peers for valuation analysis.

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does OCSL's PE Ratio compare vs other companies in the US Capital Markets Industry?

21 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LCLN Lincoln International
4xn/aUS$2.40b
GAM General American Investors Company
4.5xn/aUS$1.50b
ASA ASA Gold and Precious Metals
1.5xn/aUS$1.03b
CSHR CoinShares
4.6xn/aUS$533.71m
OCSL 21.3xIndustry Avg. 39.2xNo. of Companies66PE020406080100+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OCSL is good value based on its Price-To-Earnings Ratio (21.3x) compared to the US Capital Markets industry average (38.9x).

Price to Earnings Ratio vs Fair Ratio

What is OCSL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OCSL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.3x
Fair PE Ratio18.7x

Price-To-Earnings vs Fair Ratio: OCSL is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OCSL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$12.00
US$12.43
+3.61%
6.43%US$13.50US$11.50n/a6
Jun ’27US$12.07
US$12.43
+3.01%
6.43%US$13.50US$11.50n/a6
May ’27US$12.86
US$12.77
-0.73%
10.81%US$15.00US$10.50n/a6
Apr ’27US$11.19
US$12.77
+14.09%
10.81%US$15.00US$10.50n/a6
Mar ’27US$11.34
US$13.27
+16.99%
7.11%US$15.00US$12.00n/a6
Feb ’27US$12.32
US$13.71
+11.27%
4.52%US$15.00US$13.00n/a6
Jan ’27US$12.74
US$13.71
+7.60%
4.52%US$15.00US$13.00n/a6
Dec ’26US$13.75
US$13.70
-0.36%
4.95%US$15.00US$13.00n/a5
Nov ’26US$13.94
US$13.60
-2.44%
5.40%US$15.00US$13.00n/a5
Oct ’26US$12.97
US$13.60
+4.86%
5.40%US$15.00US$13.00n/a5
Sep ’26US$14.00
US$13.60
-2.86%
5.40%US$15.00US$13.00n/a5
Aug ’26US$13.56
US$13.70
+1.03%
5.46%US$15.00US$13.00n/a5
Jul ’26US$13.75
US$14.08
+2.42%
7.78%US$16.00US$13.00n/a6
Jun ’26US$14.63
US$14.08
-3.74%
7.78%US$16.00US$13.00US$12.076
May ’26US$13.27
US$14.60
+10.02%
6.98%US$16.00US$13.00US$12.865
Apr ’26US$15.42
US$15.92
+3.22%
6.89%US$18.00US$15.00US$11.196
Mar ’26US$16.12
US$15.92
-1.26%
6.89%US$18.00US$15.00US$11.346
Feb ’26US$16.00
US$16.08
+0.52%
6.82%US$18.00US$15.00US$12.326
Jan ’26US$15.28
US$16.92
+10.71%
12.59%US$21.00US$15.00US$12.746
Dec ’25US$16.34
US$16.92
+3.53%
12.59%US$21.00US$15.00US$13.756
Nov ’25US$15.96
US$18.29
+14.57%
8.12%US$21.00US$17.00US$13.947
Oct ’25US$16.28
US$18.43
+13.20%
7.60%US$21.00US$17.00US$12.977
Sep ’25US$17.13
US$18.43
+7.58%
7.60%US$21.00US$17.00US$14.007
Aug ’25US$17.30
US$18.86
+9.00%
5.79%US$21.00US$18.00US$13.567
Jul ’25US$18.68
US$19.94
+6.73%
4.05%US$21.00US$18.50US$13.758
Jun ’25US$19.52
US$19.94
+2.14%
4.05%US$21.00US$18.50US$14.638
US$12.43
Fair Value
3.5% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 16:56
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Oaktree Specialty Lending Corporation is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kannan VenkateshwarBarclays
James FotheringhamBMO Capital Markets Equity Research
Mitchel PennBrean Capital Historical (Janney Montgomery)