SAR vs QUAD

Comparison between Saratoga Investment Corp (SAR, Company) and Quad/Graphics Inc - Class A (QUAD, Company).

SAR is from the Financial Services sector, while QUAD is from the Industrials sector.

5-Year PerformanceQUAD has outperformed SAR, delivering a return of +17.5% compared to +8.9%

SAR vs QUAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAR(COMPANY)	QUAD(COMPANY)
Market Cap	$362M	$362M
Max Drawdown	94.01%	95.72%
Sharpe Ratio	0.22	0.96
5Y Beta	0.54	0.88
Industry	Asset Management	Specialty Business Services
P/E Ratio	9.68	16.38
Forward P/E	11.17	6.37
PEG Ratio	0.32	0.84
Dividend Yield	13.50%	4.28%
5Y Dividends CAGR	16.09%	N/A
Debt to Equity	186.64%	342.18%
Free Cash Flow Yield	-24.29%	12.15%
P/S Ratio	2.89	0.17
P/B Ratio	0.92	3.11

Market Cap

Winner

SAR

$362M

QUAD

$362M

Max Drawdown

Winner

SAR

94.01%

QUAD

95.72%

Sharpe Ratio

SAR

0.22

Winner

QUAD

0.96

5Y Beta

Winner

SAR

0.54

QUAD

0.88

Industry

SAR

Asset Management

QUAD

Specialty Business Services

P/E Ratio

Winner

SAR

9.68

QUAD

16.38

Forward P/E

SAR

11.17

Winner

QUAD

6.37

PEG Ratio

Winner

SAR

0.32

QUAD

0.84

Dividend Yield

Winner

SAR

13.50%

QUAD

4.28%

5Y Dividends CAGR

SAR

16.09%

QUAD

N/A

Debt to Equity

Winner

SAR

186.64%

QUAD

342.18%

Free Cash Flow Yield

SAR

-24.29%

Winner

QUAD

12.15%

P/S Ratio

SAR

2.89

Winner

QUAD

0.17

P/B Ratio

Winner

SAR

0.92

QUAD

3.11

SAR vs QUAD - Historical Returns

Returns include dividend reinvestment.

Period	SAR	QUAD
1 month	+2.53%	+3.71%
3 months	+3.37%	+18.03%
6 months	+3.45%	+21.60%
1 year	+6.15%	+48.14%
5 years(CAGR)	+8.92%	+17.45%
10 years(CAGR)	+14.14%	-5.81%
Max(CAGR)	+5.67%	-6.24%

SAR

+2.53%

Winner

QUAD

+3.71%

SAR

+3.37%

Winner

QUAD

+18.03%

SAR

+3.45%

Winner

QUAD

+21.60%

SAR

+6.15%

Winner

QUAD

+48.14%

5Y(CAGR)

SAR

+8.92%

Winner

QUAD

+17.45%

10Y(CAGR)

Winner

SAR

+14.14%

QUAD

-5.81%

Max(CAGR)

Winner

SAR

+5.67%

QUAD

-6.24%

SAR vs QUAD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SAR	QUAD
2026	+3.36%	+34.37%
2025	+9.10%	-0.66%
2024	+6.50%	+35.77%
2023	+10.72%	+24.03%
2022	-4.08%	+0.74%
2021	+54.28%	+8.11%
2020	-10.77%	-20.86%
2019	+29.96%	-58.62%
2018	-2.27%	-43.78%
2017	+22.47%	-7.33%
2016	+48.92%	+217.82%
2015	+14.78%	-55.65%
2014	-3.24%	-5.75%
2013	+16.35%	+34.44%
2012	+56.12%	+49.04%
2011	-15.58%	-65.59%
2010	+26.49%	-14.04%
2009	+5.90%	N/A
2008	-67.73%	N/A
2007	-21.56%	N/A

SAR vs QUAD Drawdown Comparison

The maximum drawdown for SAR was -90.54%, occurring on Nov 24, 2008. Recovery took 2410 trading sessions.

The maximum drawdown for QUAD was -91.71%, occurring on Apr 2, 2020. This drawdown has not yet recovered.

The current SAR drawdown is -4.00%. The current QUAD drawdown is -66.11%.

Rank	SAR	QUAD
#1	-90.54% Jun 4, 2007 - Dec 27, 2016	-91.71% Feb 23, 2018 - Apr 2, 2020
#2	-69.89% Feb 14, 2020 - Apr 5, 2021	-76.43% Sep 24, 2010 - Feb 23, 2018
#3	-28.49% Jun 26, 2018 - Jul 26, 2019	-16.97% Jul 7, 2010 - Sep 24, 2010
#4	-25.99% Oct 6, 2021 - Jan 10, 2023	N/A
#5	-15.50% Feb 17, 2023 - May 24, 2023	N/A
#6	-15.19% Jun 1, 2023 - Oct 9, 2024	N/A
#7	-14.36% Apr 1, 2025 - May 6, 2025	N/A
#8	-13.85% Sep 2, 2025 - Feb 2, 2026	N/A
#9	-13.25% Jan 10, 2018 - May 15, 2018	N/A
#10	-12.48% Mar 13, 2017 - Oct 23, 2017	N/A
#11	-11.73% Mar 4, 2026 - May 1, 2026	N/A
#12	-8.61% May 6, 2025 - May 27, 2025	N/A
#13	-7.64% May 4, 2026 - May 11, 2026	N/A
#14	-7.37% Feb 28, 2025 - Mar 27, 2025	N/A
#15	-7.20% Mar 27, 2007 - May 29, 2007	N/A

Correlation

Correlation between SAR and QUAD is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101

Dividend Comparison (2007 - 2026)

SAR vs QUAD dividend yield comparison.

Year	SAR	QUAD
2026	6.68%	2.64%
2025	14.04%	4.78%
2024	13.80%	2.87%
2023	10.90%	0.00%
2022	11.02%	0.00%
2021	6.16%	0.00%
2020	6.57%	3.93%
2019	6.61%	22.48%
2018	10.35%	9.74%
2017	10.51%	5.31%
2016	9.12%	4.46%
2015	14.14%	12.90%
2014	1.21%	5.23%
2013	16.93%	4.41%
2012	27.60%	14.71%
2011	24.29%	4.18%
2010	25.36%	0.00%
2009	103.69%	0.00%
2008	62.99%	0.00%
2007	9.66%	0.00%