SAY vs CAL

Comparison between Saratoga Investment Corp (SAY, Company) and Caleres Inc (CAL, Company).

SAY vs CAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAY(COMPANY)	CAL(COMPANY)
Market Cap	$410M	$410M
Max Drawdown	5.56%	94.30%
Sharpe Ratio	0.77	-0.10
5Y Beta	0.01	1.51
Industry	N/A	Apparel Retail
P/E Ratio	10.94	13.49
Forward P/E	N/A	7.15
PEG Ratio	0.37	0.82
Dividend Yield	N/A	2.37%
5Y Dividends CAGR	N/A	-4.36%
5Y EPS CAGR	N/A	-21.55%
Debt to Equity	186.64%	0.00%
Free Cash Flow Yield	-21.49%	6.51%
P/S Ratio	N/A	0.15
P/B Ratio	N/A	0.65

Market Cap

SAY

$410M

Winner

CAL

$410M

Max Drawdown

Winner

SAY

5.56%

CAL

94.30%

Sharpe Ratio

Winner

SAY

0.77

CAL

-0.10

5Y Beta

Winner

SAY

0.01

CAL

1.51

Industry

SAY

N/A

CAL

Apparel Retail

P/E Ratio

Winner

SAY

10.94

CAL

13.49

Forward P/E

SAY

N/A

CAL

7.15

PEG Ratio

Winner

SAY

0.37

CAL

0.82

Dividend Yield

SAY

N/A

CAL

2.37%

5Y Dividends CAGR

SAY

N/A

CAL

-4.36%

5Y EPS CAGR

SAY

N/A

CAL

-21.55%

Debt to Equity

SAY

186.64%

Winner

CAL

0.00%

Free Cash Flow Yield

SAY

-21.49%

Winner

CAL

6.51%

P/S Ratio

SAY

N/A

CAL

0.15

P/B Ratio

SAY

N/A

CAL

0.65

SAY vs CAL - Historical Returns

Returns include dividend reinvestment.

Period	SAY	CAL
1 month	-0.49%	-4.73%
3 months	+1.55%	-14.39%
6 months	+3.22%	-5.73%
1 year	+7.42%	-24.05%
5 years(CAGR)	N/A	-12.74%
10 years(CAGR)	N/A	-6.32%
Max(CAGR)	+8.63%	+3.27%

Winner

SAY

-0.49%

CAL

-4.73%

Winner

SAY

+1.55%

CAL

-14.39%

Winner

SAY

+3.22%

CAL

-5.73%

Winner

SAY

+7.42%

CAL

-24.05%

5Y(CAGR)

SAY

N/A

CAL

-12.74%

10Y(CAGR)

SAY

N/A

CAL

-6.32%

Max(CAGR)

Winner

SAY

+8.63%

CAL

+3.27%

SAY vs CAL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SAY	CAL
2026	+3.68%	-3.50%
2025	+8.28%	-44.84%
2024	+9.25%	-24.40%
2023	+9.76%	+42.08%
2022	+0.77%	-3.39%
2021	N/A	+58.10%
2020	N/A	-30.80%
2019	N/A	-15.41%
2018	N/A	-16.34%
2017	N/A	+3.66%
2016	N/A	+26.18%
2015	N/A	-13.89%
2014	N/A	+17.68%
2013	N/A	+54.79%
2012	N/A	+113.81%
2011	N/A	-33.64%
2010	N/A	+39.98%
2009	N/A	+18.00%
2008	N/A	-38.71%
2007	N/A	-52.85%
2006	N/A	+70.58%
2005	N/A	+45.72%
2004	N/A	-20.73%
2003	N/A	+47.82%
2002	N/A	+51.91%
2001	N/A	+21.76%
2000	N/A	-3.32%
1999	N/A	-21.25%

SAY vs CAL Drawdown Comparison

The maximum drawdown for SAY was -2.96%, occurring on May 16, 2023. Recovery took 69 trading sessions.

The maximum drawdown for CAL was -94.09%, occurring on Mar 11, 2009. Recovery took 1899 trading sessions.

The current SAY drawdown is -0.82%. The current CAL drawdown is -72.45%.

Rank	SAY	CAL
#1	-2.96% Mar 9, 2023 - Jun 16, 2023	-94.09% Feb 9, 2007 - Aug 26, 2014
#2	-1.30% Mar 19, 2026 - Apr 27, 2026	-91.58% Aug 31, 2018 - Feb 12, 2024
#3	-1.25% Jan 18, 2024 - Feb 14, 2024	-79.35% Aug 23, 2024 - Mar 18, 2026
#4	-1.19% Oct 10, 2023 - Nov 7, 2023	-51.30% Nov 1, 1999 - Jan 16, 2001
#5	-1.17% Aug 29, 2025 - Nov 3, 2025	-48.85% Jun 6, 2001 - Mar 21, 2002
#6	-1.16% Mar 21, 2025 - Apr 23, 2025	-48.53% Jun 28, 2002 - Jan 14, 2003
#7	-0.98% Jun 18, 2026 - Jul 9, 2026	-41.37% Jun 1, 2004 - Nov 30, 2005
#8	-0.94% Sep 12, 2024 - Nov 12, 2024	-36.29% Dec 8, 2016 - May 16, 2018
#9	-0.84% Jan 28, 2026 - Mar 19, 2026	-35.69% Aug 19, 2015 - Dec 5, 2016
#10	-0.82% Apr 9, 2024 - May 2, 2024	-24.07% May 10, 2006 - Nov 14, 2006
#11	-0.79% Feb 27, 2024 - Apr 3, 2024	-22.55% Mar 27, 2024 - Aug 16, 2024
#12	-0.76% Aug 23, 2023 - Sep 11, 2023	-19.61% May 6, 2003 - Aug 20, 2003
#13	-0.75% Dec 27, 2023 - Jan 3, 2024	-18.07% Aug 26, 2014 - Nov 26, 2014
#14	-0.72% Jul 3, 2023 - Jul 24, 2023	-16.47% May 1, 2001 - May 30, 2001
#15	-0.71% May 16, 2025 - Jun 4, 2025	-13.84% Dec 3, 2014 - Mar 30, 2015

Correlation

Correlation between SAY and CAL is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101

Dividend Comparison (1999 - 2026)

SAY vs CAL dividend yield comparison.

Year	SAY	CAL
2026	4.02%	1.20%
2025	8.03%	2.30%
2024	8.03%	1.21%
2023	7.77%	0.91%
2022	0.00%	1.26%
2021	0.00%	1.23%
2020	0.00%	1.79%
2019	0.00%	1.18%
2018	0.00%	1.01%
2017	0.00%	0.84%
2016	0.00%	0.85%
2015	0.00%	1.04%
2014	0.00%	0.87%
2013	0.00%	1.00%
2012	0.00%	1.52%
2011	0.00%	3.15%
2010	0.00%	2.01%
2009	0.00%	2.84%
2008	0.00%	3.31%
2007	0.00%	1.85%
2006	0.00%	0.67%
2005	0.00%	0.94%
2004	0.00%	1.34%
2003	0.00%	1.05%
2002	0.00%	1.68%
2001	0.00%	2.46%
2000	0.00%	3.07%
1999	0.00%	0.71%