OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It does not invest in operational turnarounds or start-up businesses. The company is based in Chicago, Illinois.
OFS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for OFS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that OFS Capital Corp ranked in the 47th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 4.5%. The most interesting components of our discounted cash flow analysis for OFS Capital Corp ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is 0.27; that's higher than just 19.27% of US stocks in the Financial Services sector that have positive free cash flow.
22% of the company's capital comes from equity, which is greater than only 7.39% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of OFS Capital Corp? See SG, FCFS, SLF, FSAM, and NICK.
OFS Capital Corporation (OFS) has priced a registered public offering of $25M of its 6.25% notes due September 30, 2023 at 100% of the principal amount. Interest will be payable quarterly on January 31, April 30, July 31 and October 31 of each year, beginning on January 31, 2021.Underwriters' over-allotment is...
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (the “Company”) (Nasdaq: OFS) announced today that it has priced a registered public offering of $25,000,000 aggregate principal amount of its 6.25% notes due 2023 (the “Notes”) which will result in net proceeds to the Company of approximately $23,950,000 (or approximately $27,587,500 if the underwriters fully exercise the overallotment option described below) based on a public offering price of 100% of the aggregate principal amount of the Note
OFS Capital Corporation ([[OFS]] +3.1%) has commenced an underwritten offering of unsecured notes. Net proceeds will be used to fund investments in debt and equity securities, to repay outstanding indebtedness under its senior secured revolving credit facility with Pacific Western Bank, or PWB, as amended and for other general corporate...
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (the “Company”) (Nasdaq: OFS) announced today that it has commenced an underwritten offering of unsecured notes (the “Notes”), subject to market and other conditions. The Company has submitted an application for the Notes to be listed and trade on The Nasdaq Global Select Market under the trading symbol “OFSSG”. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. The interest rate
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the quarter ended June 30, 2020. FINANCIAL HIGHLIGHTS Net investment income of $2.61 million, or $0.19 per share. Net asset value ("NAV") per share increased to $10.10 at June 30, 2020 from $9.71 at March 31, 2020. During the three months ended June 30, 2020, our portfolio recognized net gains of $5.1 million, or $0.38 per share. At June 3