Oaktree Specialty Lending (FFC0) AI Stock Analysis
Oaktree Specialty Lending
(Frankfurt:FFC0)
No summary available
Oaktree Specialty Lending (FFC0) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 1.07B
- Dividend Yield
- 11.75%
- Average Volume (3M)
- 183
- Price to Earnings (P/E)
- 25.1
- Beta (1Y)
- 0.46
- Revenue Growth
- -14.76%
- EPS Growth
- -13.07%
- Country
- Germany
- Employees
- 0
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Oaktree Specialty Lending Business Overview & Revenue Model
Company Description
Oaktree Specialty Lending Corporation (OCSL) functions as a business development company (BDC), dedicated to providing capital solutions for middle-market businesses. Its investment strategy involves a diverse array of financing types, including inte...
Oaktree Specialty Lending Earnings Call Summary
The call presented several clear positives: meaningful progress reducing non‑accruals, a successful Thrasio workout, conservative leverage (net leverage ~1.02x), ample liquidity (~$699M), stable NAV, higher yields on new originations (10.0%) and improved portfolio operating metrics (median EBITDA +4%, interest coverage 2.4x). Offsetting these were modest near‑term headwinds: a small decline in adjusted NII, ~ $15M of realized losses, lower proceeds from exits, industry‑wide deal flow contraction and refinancing/AI risk concentrated in certain cohorts, and an upcoming $350M unsecured note maturity. On balance, the positive balance‑sheet and portfolio improvements and demonstrated workout capabilities outweigh the challenges discussed, but management remains cautious and focused on capital allocation and liquidity management.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The call reiterated guidance to prioritize reducing non‑accruals and maintaining a flexible balance sheet: non‑accruals were ~1.8% of the debt portfolio at fair value (down 80 bps sequentially, 140 bps YoY and ~280 bps from the March 2025 peak), with 6 positions on non‑accrual after exiting 5 in the last two quarters (Thrasio repaid ~ $25M, ~80% of loans; remaining second‑out marked up from 80% to 99% and returned to accrual), while net leverage ended the quarter at ~1.02x (down from 1.04x), inside the 0.9x–1.25x target range, total debt was $1.45B, weighted average interest on debt 5.9%, unsecured debt 65% of total, available liquidity nearly $700M ($40M cash, $659M undrawn), unfunded commitments ~ $208M, and management plans to address $350M of unsecured notes maturing Jan 2027 over the next several quarters; third‑quarter operating metrics included adjusted total investment income $69.2M, adjusted net investment income $32.2M (~$0.37/sh) vs $33.7M ($0.38) prior, a $0.33/share dividend ($0.30 base + $0.03 supplemental), NAV $15.70 (stable), portfolio was 82% first‑lien senior secured with weighted average yield on debt investments 9.3% (new debt yield 10.0%), median EBITDA ~$189M, portfolio leverage 5.1x, interest coverage 2.4x, PIK ~7.8% of investment income, new commitments $206M (vs $204M), proceeds $263M (vs $334M), average position ~65 bps of the portfolio, and no single position >2.1%.
Oaktree Specialty Lending Risk Analysis
Oaktree Specialty Lending disclosed 70 risk factors in its most recent earnings report. Oaktree Specialty Lending reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskOaktree Specialty Lending Peers Comparison
Overall Rating
BBDC84.9Outperform
CGBD70Outperform
GSBD63Neutral
MFIC59Neutral
BCSF53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| BBDC | 85Outperform | $905.71M | 10.42 | 7.53% | 9.02% | 11.07% | -12.44% |
| CGBD | 70Outperform | $741.71M | 21.15 | 3.25% | 13.91% | 11.89% | -58.67% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| GSBD | 63Neutral | $1.01B | 17.51 | 4.17% | 11.42% | 117.29% | -58.47% |
| MFIC | 59Neutral | $853.38M | -28.78 | -2.39% | 12.65% | 1.24% | -132.48% |
| BCSF | 53Neutral | $698.63M | 10.85 | 5.79% | 17.27% | -11.58% | -40.72% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:FFC0 | Oaktree Specialty Lending Corp | 10.79 | 0.13 | 1.25% | |
| MFIC | Midcap Financial Investment Corporation | 10.36 | -0.40 | -3.70% | |
| BBDC | Barings Bdc | 8.65 | 0.66 | 8.23% | |
| GSBD | Goldman Sachs BDC Inc. | 8.93 | 0.37 | 4.26% | |
| CGBD | Carlyle Secured Lending Inc | 10.78 | -0.27 | -2.44% | |
| BCSF | Bain Capital Specialty Finance | 10.77 | -1.38 | -11.38% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.