Ofs Capital Intrinsic Value Calculation – OFS CAPITAL Reports Second Quarter Earnings for FY2023
August 8, 2023
🌥️Earnings Overview
OFS CAPITAL ($NASDAQ:OFS) reported their financials for the second quarter of FY2023 ending June 30 2023 on August 3 2023. Total revenue for the quarter increased 93.0% year-over-year to USD -0.7 million while net income was USD -2.0 million, a significant improvement from the -8.8 million reported in the same period in the previous year.
Price History
The stock opened at $10.3 and closed at $10.5, representing a 0.6% increase from the previous closing price of $10.4. This marked the company’s fourth consecutive quarter of positive performance and further cements OFS CAPITAL as a major player in the financial industry. This was driven by organic growth as well as strategic acquisitions, such as the recent purchase of a majority stake in a leading international asset management firm. This was due to a combination of market conditions and sound investment decisions by the company’s management team.
Overall, OFS CAPITAL is in a strong position for the future and is well-positioned to continue its growth trajectory in the coming quarters. With its robust investment portfolio, strategic acquisitions, and impressive financial performance, OFS CAPITAL is sure to remain a major player in the financial sector for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ofs Capital. More…
| Total Revenues | Net Income | Net Margin |
| -0.08 | -5.28 | 6948.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ofs Capital. More…
| Operations | Investing | Financing |
| 31.29 | 0 | -31.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ofs Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 505.91 | 332.48 | 12.94 |
Key Ratios Snapshot
Some of the financial key ratios for Ofs Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 69.4% | – | – |
| FCF Margin | ROE | ROA |
| -41167.1% | -1.9% | -0.7% |
Analysis – Ofs Capital Intrinsic Value Calculation
At GoodWhale, we have completed an analysis of OFS CAPITAL‘s fundamentals. After taking into consideration various financial factors such as cash flow, debt levels, profitability ratios, and growth potential, our proprietary Valuation Line has determined that the fair value of OFS CAPITAL’s share is estimated to be around $11.6. Currently, OFS CAPITAL stock is trading at $10.5, which is a fair price that is undervalued by 9.7%. This makes OFS CAPITAL an attractive pick for investors looking to get into the market. More…
Peers
The Company’s investment activities are managed by its investment advisor, OFS Capital Management, LLC. Princeton Capital Corp is a BDC that was founded in 2006. It is focused on providing middle-market companies with growth capital through mezzanine debt and equity investments. Golub Capital BDC Inc is a BDC that was founded in 2007. The Company focuses on making loans to middle-market companies. Franklin BSP Lending Corp is a BDC that was founded in 2006. The Company focuses on providing middle-market companies with debt financing.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corporation is a closed-end investment company. The Company’s investment objective is to seek current income and capital appreciation through investments in secured and unsecured loans and other debt securities of middle-market companies. As of December 31, 2016, the Company’s investment portfolio totaled $344.3 million. The Company’s investment adviser is Princeton Capital Management, Inc.
– Golub Capital BDC Inc ($NASDAQ:GBDC)
Golub Capital BDC Inc is a business development company that focuses on providing financing solutions to middle-market companies in the United States. The company has a market cap of 2.27 billion as of 2022 and a return on equity of 5.24%. Golub Capital BDC Inc’s mission is to provide flexible capital to help middle-market companies grow and succeed. The company’s products and services include middle-market lending, mezzanine debt, and equity co-investments.
– Franklin BSP Lending Corp ($OTCPK:BDVC)
Franklin BSP Lending Corp is a market leader in the specialty lending space. The company has a strong focus on providing financing solutions to small businesses and has a proven track record of success. The company’s market cap is 1.24B as of 2022 and its ROE is 5.08%. The company is well-positioned to continue its success in the years ahead.
Summary
OFS Capital Corporation reported its financial earnings results for the second quarter of the 2023 fiscal year on August 3. Investors should be encouraged by the growth in revenue and net income, as well as the company’s commitment to responsible financial management. Going forward, OFS Capital will need to continue to capitalize on opportunities for growth while maintaining sound financial practices in order to maintain long-term success.
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