Financial Services - Asset Management - NASDAQ - US
$ 8.02
0 %
$ 107 M
Market Cap
-89.11
P/E
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors.[ Read More ]
The intrinsic value of one OFS stock under the base case scenario is HIDDEN Compared to the current market price of 8.02 USD, OFS Capital Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart OFS
FINANCIALS
45.6 M
REVENUE
40 M
OPERATING INCOME
-465 K
NET INCOME
81.6 M
OPERATING CASH FLOW
0
INVESTING CASH FLOW
-51.2 M
FINANCING CASH FLOW
628 K
REVENUE
-6.67 M
OPERATING INCOME
-1.28 M
NET INCOME
23.8 M
OPERATING CASH FLOW
0
INVESTING CASH FLOW
-4.56 M
FINANCING CASH FLOW
Balance Sheet Decomposition
OFS Capital Corporation
| Current Assets | 47.6 M |
| Cash & Short-Term Investments | 45.3 M |
| Receivables | 2.22 M |
| Other Current Assets | 0 |
| Non-Current Assets | 421 M |
| Long-Term Investments | 420 M |
| PP&E | 0 |
| Other Non-Current Assets | 1.13 M |
| Current Liabilities | 15 M |
| Accounts Payable | 3.71 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 11.3 M |
| Non-Current Liabilities | 300 M |
| Long-Term Debt | 300 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
OFS Capital Corporation
| Revenue | 45.6 M |
| Cost Of Revenue | 14.3 M |
| Gross Profit | 31.2 M |
| Operating Expenses | 4.79 M |
| Operating Income | 40 M |
| Other Expenses | 40.5 M |
| Net Income | -465 K |
RATIOS
68.53%
GROSS MARGIN
87.85%
OPERATING MARGIN
-1.02%
NET MARGIN
-0.29%
ROE
-0.10%
ROA
11.69%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
OFS Capital Corporation
| Net Income | -465 K |
| Depreciation & Amortization | 408 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -171 K |
| Others | 81.6 M |
| Free Cash Flow | 81.6 M |
Wall Street Analysts Price Targets
OFS Capital Corporation
OFS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
4.02%
DIVIDEND YIELD
0.34 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
OFS Capital Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 years ago
May 28, 2020
|
Bought 51.1 K USD
|
HEALY ELAINE
Director |
+ 10000
|
5.11 USD |
|
4 years ago
Nov 17, 2020
|
Bought 1.19 K USD
|
Porter Mukya
Chief Compliance Officer |
+ 210
|
5.66 USD |
|
4 years ago
Nov 16, 2020
|
Bought 69.2 K USD
|
Owen Jeffery S.
Chief Accounting Officer |
+ 11950
|
5.79 USD |
|
4 years ago
Nov 13, 2020
|
Bought 13.2 K USD
|
Owen Jeffery S.
Chief Accounting Officer |
+ 2550
|
5.17 USD |
|
4 years ago
Nov 13, 2020
|
Bought 46.6 K USD
|
RESSLER RICHARD S
10 percent owner |
+ 8818
|
5.28 USD |
|
4 years ago
Nov 12, 2020
|
Bought 16.5 K USD
|
RESSLER RICHARD S
10 percent owner |
+ 3255
|
5.07 USD |
|
4 years ago
Nov 11, 2020
|
Bought 96.7 K USD
|
Rashid Bilal
Director and CEO |
+ 18700
|
5.17 USD |
|
4 years ago
Nov 11, 2020
|
Bought 3.34 K USD
|
Rashid Bilal
Director and CEO |
+ 650
|
5.14 USD |
|
4 years ago
Nov 11, 2020
|
Bought 1.03 K USD
|
Rashid Bilal
Director and CEO |
+ 200
|
5.13 USD |
|
4 years ago
Nov 11, 2020
|
Bought 470 USD
|
Rashid Bilal
Director and CEO |
+ 95
|
4.95 USD |
|
4 years ago
Nov 11, 2020
|
Bought 1.75 K USD
|
Rashid Bilal
Director and CEO |
+ 355
|
4.93 USD |
|
4 years ago
Nov 12, 2020
|
Bought 50.8 K USD
|
Cerny Jeffrey A
Director and CFO |
+ 10000
|
5.08 USD |
|
4 years ago
Nov 11, 2020
|
Bought 101 K USD
|
Cerny Jeffrey A
Director and CFO |
+ 20000
|
5.07 USD |
|
9 years ago
Aug 31, 2015
|
Sell 11 K USD
|
Rubenfeld Eric P.
Chief Compliance Officer |
- 1000
|
11.0201 USD |
|
10 years ago
Aug 27, 2014
|
Bought 165 K USD
|
Pittson Glenn R.
Director |
+ 12965
|
12.75 USD |
|
10 years ago
Aug 26, 2014
|
Bought 127 K USD
|
Pittson Glenn R.
Director |
+ 10000
|
12.74 USD |
|
10 years ago
Jun 04, 2014
|
Bought 26.8 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2100
|
12.75 USD |
|
10 years ago
Jun 03, 2014
|
Bought 128 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 10000
|
12.75 USD |
|
10 years ago
May 23, 2014
|
Bought 34 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2700
|
12.58 USD |
|
10 years ago
May 21, 2014
|
Bought 282 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 22266
|
12.66 USD |
|
10 years ago
May 21, 2014
|
Bought 25.4 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2000
|
12.69 USD |
|
10 years ago
May 21, 2014
|
Bought 25.4 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2000
|
12.69 USD |
|
10 years ago
Dec 13, 2013
|
Bought 61.5 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 5000
|
12.3 USD |
|
10 years ago
Dec 11, 2013
|
Bought 25.3 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2000
|
12.64 USD |
|
10 years ago
Dec 12, 2013
|
Bought 12.5 K USD
|
Rubenfeld Eric P.
Chief Compliance Officer |
+ 1000
|
12.46 USD |
|
10 years ago
Dec 11, 2013
|
Bought 25.1 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 2000
|
12.53 USD |
|
10 years ago
Dec 10, 2013
|
Bought 6.25 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 500
|
12.5 USD |
|
10 years ago
Dec 10, 2013
|
Bought 188 K USD
|
Pittson Glenn R.
Chief Executive Officer |
+ 15000
|
12.5 USD |
|
10 years ago
Dec 10, 2013
|
Bought 25 K USD
|
Abrams Marc
Director |
+ 2000
|
12.5 USD |
7. News
OFS Credit Company Provides October 2024 Net Asset Value Update
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of October 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2024 is between $7.13 and $7.23. This estimate is not a comprehensive state.
businesswire.com
- 1 day ago
OFS Capital (OFS) Q3 2024 Earnings Call Transcript
OFS Capital (NASDAQ:OFS ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Steve Altebrando – Investor Relations Bilal Rashid – Chairman and Chief Executive Officer Jeff Cerny – Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, and welcome to the OFS Capital Third Quarter of 2024 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call.
seekingalpha.com
- 2 weeks ago
OFS Capital (OFS) Tops Q3 Earnings Estimates
OFS Capital (OFS) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.40 per share a year ago.
zacks.com
- 2 weeks ago
OFS Credit Company Declares Monthly Common Stock Cash Distributions
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending January 31, 2025. The following schedule applies to the distributions for common stoc.
businesswire.com
- 2 weeks ago
OFS Credit Company Provides September 2024 Net Asset Value Update
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive s.
businesswire.com
- 1 month ago
2 BDCs Yielding Above 14%: One To Buy, One To Sell
BDC investing focuses on high current income streams, with less emphasis on price dynamics. As the yield component is a key value driver for BDCs, and also is usually quite high, the risk of stepping into a value trap is meaningful. In this respect, I have assessed two very high yielding BDCs.
seekingalpha.com
- 1 month ago
OFS Credit Company, Inc. Prices Preferred Stock Offering
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) today announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25.00 per share, raising $26.0 million in gross proceeds. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 156,000 shares of Preferred Stock on the same terms and.
businesswire.com
- 1 month ago
OFS Credit Company, Inc. Commences Preferred Stock Offering
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) announced today that it plans to offer shares of its Series F Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol “OCCIM”. T.
businesswire.com
- 1 month ago
OFS Capital: Risk Of Dividend Cut Could Keep Hurting Price Performance
I believe OFS Capital's 17% dividend yield is unsustainable due to declining portfolio value, deteriorating earnings, high accruals, and poor cash position, warranting a hold rating. The company's dividends exceed net investment income, and future earnings forecasts suggest significant declines, making a dividend cut likely. OFS Capital's high leverage ratio and cautious investment strategy limit growth potential, further impacting its ability to sustain dividends and share price.
seekingalpha.com
- 2 months ago
OFS Capital (OFS) Q2 2024 Earnings Call Transcript
OFS Capital (NASDAQ:OFS ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Steve Altebrando - VP, Capital Markets Bilal Rashid - Chairman & CEO Jeff Cerny - CFO & Treasurer Operator Good day, and welcome to the OFS Capital Corporation Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 3 months ago
OFS Capital (OFS) Q2 Earnings and Revenues Lag Estimates
OFS Capital (OFS) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.38 per share a year ago.
zacks.com
- 3 months ago
OFS Capital Corporation Announces Second Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (NASDAQ: OFS) (“OFS Capital,” the “Company,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended June 30, 2024 from $0.42 per common share for the quarter ended March 31, 2024. Net gain on investments of $0.51 per common share for the quarter ended June 30, 2024, primarily compris.
businesswire.com
- 3 months ago
8. Profile Summary
OFS Capital Corporation OFS
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 107 M
Dividend Yield
4.02%
Description
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.
Contact
10 South Wacker Drive, Chicago, IL, 60606
https://www.ofscapital.com
IPO Date
Nov. 8, 2012
Employees
51
Officers
Ms. Mukya Sue Denise Porter
Chief Compliance Officer
Mr. Tod Kevin Reichert J.D.
Corporate Secretary
Mr. Richard S. Ressler
Chairman of the Board, Orchard First Source Capital, Inc.
Mr. Kyle Spina
Chief Accounting Officer
Mr. Bilal Rashid
Chairman & Chief Executive Officer
Mr. Jeffrey A. Cerny J.D.
Chief Financial Officer, Treasurer & Director
Mr. Stephen Altebrando
Vice President of Investor Relations