OXLC:NGS-Oxford Lane Capital Corp. (USD)

EQUITY | Asset Management | Nasdaq Global Select

Last Closing

USD 5.5

Change

0.00 (0.00)%

Market Cap

USD 0.23B

Volume

2.44M

Analyst Target

USD 10.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Fund seeks to maximize its portfolios total return. The Fund seeks to achieves it investment objective by investing primarily in senior, secured loans made to companeis whose debt is unrated or rated below investment grade (Senior Loans), with an emphasis on current income. The Fund intends to initially implement its investment objective by purchasing in the secondary market the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. Structurally, CLO vehicles are entities that were formed to originate and manage a portfolio of loans. The loans within the CLO vehicle are limited to loans which meet established credit criteria and are subject to concentration limitations in order to limit a CLO vehicles exposure to a single credit. A CLO vehicle is formed by raising various classes or tranches of debt (with the most senior tranches being rated AAA to the most junior tranches typically being rated BB) and equity. The CLO vehicles which the company intends to focus on will be collateralized primarily by Senior Loans, and will generally have very little or no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. It may also invest, on an opportunistic basis, in other corporate credits of a variety of types. It also expects that each of its investments will range in size from USD1 million to USD8 million, although the investment size may vary consistent with the size of its overall portfolio.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-16 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap
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PFG Principal Financial Group Inc

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TPG TPG Inc

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CG Carlyle Group Inc

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ARCC Ares Capital Corporation

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SEIC SEI Investments Company

-0.89 (-1.33%)

USD 8.50B
HLNE Hamilton Lane Inc

+1.11 (+0.95%)

USD 6.52B
STEP Stepstone Group Inc

+0.93 (+2.10%)

USD 4.88B
GBDC Golub Capital BDC Inc

-0.13 (-0.83%)

USD 4.11B

ETFs Containing OXLC

VPC Virtus Private Credit ETF 2.98 % 0.00 %

-0.10 (0.00%)

USD 0.05B
CVY Invesco Zacks Multi-Asset.. 1.15 % 0.65 %

-0.15 (0.00%)

USD 0.11B
YYY Amplify High Income ETF 0.00 % 0.50 %

N/A

USD 0.46B

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.34% 85% B 77% C+
Dividend Return 9.72% 98% N/A 99% N/A
Total Return 21.05% 88% B+ 83% B
Trailing 12 Months  
Capital Gain 11.11% 67% D+ 73% C
Dividend Return 16.16% 100% F 99% N/A
Total Return 27.27% 78% C+ 83% B
Trailing 5 Years  
Capital Gain -47.47% 12% F 28% F
Dividend Return 47.71% 74% C 96% N/A
Total Return 0.24% 19% F 48% F
Average Annual (5 Year Horizon)  
Capital Gain -1.25% 63% D 33% F
Dividend Return 13.36% 86% B+ 73% C
Total Return 14.61% 100% F 99% N/A
Risk Return Profile  
Volatility (Standard Deviation) 44.65% 7% C- 21% F
Risk Adjusted Return 29.94% 61% D- 52% F
Market Capitalization 0.23B 72% C 76% C+

Key Financial Ratios

  Ratio vs. Industry/Classification (Asset Management) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 5.08 86% 84%
Price/Book Ratio 1.17 41% 65%
Price / Cash Flow Ratio -11.44 91% 84%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 23.94% 86% 92%
Return on Invested Capital 23.94% 90% 89%
Return on Assets 8.88% 86% 93%
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.