SAR vs SNDL

Comparison between Saratoga Investment Corp (SAR, Company) and SNDL Inc (SNDL, Company).

SAR is from the Financial Services sector, while SNDL is from the Consumer Defensive sector.

5-Year PerformanceSAR has outperformed SNDL, delivering a return of +5.0% compared to -32.0%

SAR vs SNDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAR(COMPANY)	SNDL(COMPANY)
Market Cap	$309M	$308M
Max Drawdown	94.01%	99.08%
Sharpe Ratio	-0.45	-0.07
5Y Beta	0.52	0.85
Industry	Asset Management	Beverages - Wineries & Distilleries
P/E Ratio	19.21	-19.97
Forward P/E	12.95	212.77
Dividend Yield	15.50%	N/A
5Y Dividends CAGR	14.22%	N/A
5Y EPS CAGR	N/A	-60.04%
Debt to Equity	215.98%	15.64%
Free Cash Flow Yield	-47.34%	11.87%

Market Cap

Winner

SAR

$309M

SNDL

$308M

Max Drawdown

Winner

SAR

94.01%

SNDL

99.08%

Sharpe Ratio

SAR

-0.45

Winner

SNDL

-0.07

5Y Beta

Winner

SAR

0.52

SNDL

0.85

Industry

SAR

Asset Management

SNDL

Beverages - Wineries & Distilleries

P/E Ratio

SAR

19.21

Winner

SNDL

-19.97

Forward P/E

Winner

SAR

12.95

SNDL

212.77

Dividend Yield

SAR

15.50%

SNDL

N/A

5Y Dividends CAGR

SAR

14.22%

SNDL

N/A

5Y EPS CAGR

SAR

N/A

SNDL

-60.04%

Debt to Equity

SAR

215.98%

Winner

SNDL

15.64%

Free Cash Flow Yield

SAR

-47.34%

Winner

SNDL

11.87%

SAR vs SNDL - Historical Returns

Returns include dividend reinvestment.

Period	SAR	SNDL
1 month	-13.82%	-13.04%
3 months	-11.18%	-8.75%
6 months	-12.22%	-23.08%
1 year	-10.02%	-17.81%
5 years(CAGR)	+5.04%	-31.96%
10 years(CAGR)	+11.91%	N/A
Max(CAGR)	+4.92%	-45.61%

SAR

-13.82%

Winner

SNDL

-13.04%

SAR

-11.18%

Winner

SNDL

-8.75%

Winner

SAR

-12.22%

SNDL

-23.08%

Winner

SAR

-10.02%

SNDL

-17.81%

5Y(CAGR)

Winner

SAR

+5.04%

SNDL

-31.96%

10Y(CAGR)

SAR

+11.91%

SNDL

N/A

Max(CAGR)

Winner

SAR

+4.92%

SNDL

-45.61%

SAR vs SNDL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SAR	SNDL
2026	-9.25%	-31.03%
2025	+9.10%	-12.63%
2024	+6.50%	+13.29%
2023	+10.72%	-20.77%
2022	-4.08%	-66.21%
2021	+54.28%	+5.15%
2020	-10.77%	-84.37%
2019	+29.96%	-64.50%
2018	-2.27%	N/A
2017	+22.47%	N/A
2016	+48.92%	N/A
2015	+14.78%	N/A
2014	-3.24%	N/A
2013	+16.35%	N/A
2012	+56.12%	N/A
2011	-15.58%	N/A
2010	+26.49%	N/A
2009	+5.90%	N/A
2008	-67.73%	N/A
2007	-21.56%	N/A

SAR vs SNDL Drawdown Comparison

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

The maximum drawdown for SNDL was -99.08%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current SAR drawdown is -15.71%. The current SNDL drawdown is -99.08%.

Rank	SAR	SNDL
#1	-90.54% Jun 4, 2007 - Dec 27, 2016	-99.08% Aug 6, 2019 - Jul 29, 2026
#2	-69.89% Feb 14, 2020 - Apr 5, 2021	N/A
#3	-28.49% Jun 26, 2018 - Jul 26, 2019	N/A
#4	-25.99% Oct 6, 2021 - Jan 10, 2023	N/A
#5	-22.46% May 4, 2026 - Jul 9, 2026	N/A
#6	-15.50% Feb 17, 2023 - May 24, 2023	N/A
#7	-15.19% Jun 1, 2023 - Oct 9, 2024	N/A
#8	-14.36% Apr 1, 2025 - May 6, 2025	N/A
#9	-13.85% Sep 2, 2025 - Feb 2, 2026	N/A
#10	-13.25% Jan 10, 2018 - May 15, 2018	N/A
#11	-12.48% Mar 13, 2017 - Oct 23, 2017	N/A
#12	-11.73% Mar 4, 2026 - May 1, 2026	N/A
#13	-8.61% May 6, 2025 - May 27, 2025	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 SNDL is -0.36 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.36

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