OFS Capital
Market Cap
US$111.8m
Last Updated
2021/03/03 00:49 UTC
Data Sources
Company Financials +
Executive Summary
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. More Details
Rewards
Snowflake Analysis
Similar Companies
Share Price & News
How has OFS Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OFS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OFS's weekly volatility has decreased from 13% to 4% over the past year.
Market Performance
7 Day Return
6.9%
OFS
1.0%
US Capital Markets
-0.7%
US Market
1 Year Return
-18.4%
OFS
38.8%
US Capital Markets
36.6%
US Market
Return vs Industry: OFS underperformed the US Capital Markets industry which returned 38.8% over the past year.
Return vs Market: OFS underperformed the US Market which returned 36.6% over the past year.
Shareholder returns
| OFS | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.9% | 1.0% | -0.7% |
| 30 Day | 20.5% | 10.8% | 4.3% |
| 90 Day | 16.8% | 17.0% | 8.1% |
| 1 Year | -4.6%-18.4% | 42.2%38.8% | 39.6%36.6% |
| 3 Year | 6.8%-29.3% | 40.1%29.7% | 53.5%43.7% |
| 5 Year | 33.0%-28.5% | 152.2%121.0% | 123.7%98.8% |
Long-Term Price Volatility Vs. Market
How volatile is OFS Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 years ago | Simply Wall St
OFS Capital Corporation (OFS): What Are The Future Prospects?3 years ago | Simply Wall St
Should You Expect OFS Capital Corporation (OFS) To Deliver A Superior ROE To Its Industry?Valuation
Is OFS Capital undervalued compared to its fair value and its price relative to the market?
0.75x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: OFS ($8.34) is trading above our estimate of fair value ($3.3)
Significantly Below Fair Value: OFS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OFS is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: OFS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OFS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OFS is good value based on its PB Ratio (0.7x) compared to the US Capital Markets industry average (15x).
Future Growth
How is OFS Capital forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
196.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OFS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: OFS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OFS's is expected to become profitable in the next 3 years.
Revenue vs Market: OFS's revenue is expected to decline over the next 3 years (-6.4% per year).
High Growth Revenue: OFS's revenue is forecast to decline over the next 3 years (-6.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OFS's Return on Equity is forecast to be high in 3 years time
Past Performance
How has OFS Capital performed over the past 5 years?
-42.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OFS is currently unprofitable.
Growing Profit Margin: OFS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OFS is unprofitable, and losses have increased over the past 5 years at a rate of 42.6% per year.
Accelerating Growth: Unable to compare OFS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OFS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (10.4%).
Return on Equity
High ROE: OFS has a negative Return on Equity (-4.69%), as it is currently unprofitable.
Financial Health
How is OFS Capital's financial position?
Financial Position Analysis
Short Term Liabilities: OFS's short term assets ($25.3M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: OFS's short term assets ($25.3M) do not cover its long term liabilities ($325.0M).
Debt to Equity History and Analysis
Debt Level: OFS's debt to equity ratio (216.6%) is considered high.
Reducing Debt: OFS's debt to equity ratio has increased from 106.9% to 216.6% over the past 5 years.
Debt Coverage: OFS's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: OFS is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is OFS Capital current dividend yield, its reliability and sustainability?
8.63%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OFS's dividend (8.63%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: OFS's dividend (8.63%) is in the top 25% of dividend payers in the US market (3.72%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OFS has been paying a dividend for less than 10 years.
Growing Dividend: OFS has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: OFS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Bilal Rashid (49 yo)
6.67yrs
Tenure
Mr. Bilal Rashid serves as President and Chief Executive Officer at OFS Credit Company, Inc., since 2017 and its Chairman since 2018. He serves as the Chief Executive Officer and President at OFS Capital M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.67yrs | no data | 0.15% $ 166.8k | |
| CFO, Treasurer & Director | 5.75yrs | no data | 0.22% $ 250.2k | |
| Chief Accounting Officer | 5.17yrs | no data | 0.11% $ 120.9k | |
| VP of Investor Relations | 6.17yrs | no data | no data | |
| Chief Compliance Officer | 4.17yrs | no data | 0.0016% $ 1.8k | |
| Corporate Secretary | 4.17yrs | no data | no data | |
| Chairman of the Board | no data | no data | 0.090% $ 100.7k |
5.7yrs
Average Tenure
56.5yo
Average Age
Experienced Management: OFS's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.67yrs | no data | 0.15% $ 166.8k | |
| CFO, Treasurer & Director | 5.75yrs | no data | 0.22% $ 250.2k | |
| Director | 0.17yr | no data | no data | |
| Independent Director | 10.17yrs | US$100.00k | 0.075% $ 83.4k | |
| Independent Director | 10.17yrs | US$100.00k | 0.024% $ 26.6k |
6.7yrs
Average Tenure
57yo
Average Age
Experienced Board: OFS's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
OFS Capital Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: OFS Capital Corporation
- Ticker: OFS
- Exchange: NasdaqGS
- Founded: 2001
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$111.809m
- Shares outstanding: 13.41m
- Website: https://www.ofscapital.com
Number of Employees
Location
- OFS Capital Corporation
- 10 South Wacker Drive
- Suite 2500
- Chicago
- Illinois
- 60606
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OFS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2012 |
| 9UD | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2012 |
Biography
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It does not invest in operational turnarounds or start-up businesses. F...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 00:49 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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 here.