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Upturn AI SWOT - About
Source Capital Closed Fund (SOR)
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Upturn Advisory Summary
04/01/2025: SOR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 6.37% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 340.78M USD | Price to earnings Ratio 8.7 | 1Y Target Price - |
Price to earnings Ratio 8.7 | 1Y Target Price - | ||
Volume (30-day avg) 10913 | Beta 0.63 | 52 Weeks Range 36.46 - 45.22 | Updated Date 04/1/2025 |
52 Weeks Range 36.46 - 45.22 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 6.01% | Basic EPS (TTM) 4.77 |
Earnings Date
Report Date 2025-03-06 | When Before Market | Estimate - | Actual - |
Profitability
Profit Margin 190.14% | Operating Margin (TTM) 80.87% |
Management Effectiveness
Return on Assets (TTM) 2.85% | Return on Equity (TTM) 10.92% |
Valuation
Trailing PE 8.7 | Forward PE - | Enterprise Value 340356256 | Price to Sales(TTM) 16.55 |
Enterprise Value 340356256 | Price to Sales(TTM) 16.55 | ||
Enterprise Value to Revenue 8.46 | Enterprise Value to EBITDA - | Shares Outstanding 8199740 | Shares Floating - |
Shares Outstanding 8199740 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 16.16 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Source Capital Closed Fund
Company Overview
History and Background
Source Capital, Inc. is a closed-end investment company that focuses on providing flexible financing solutions to small and medium-sized businesses. Founded in 2012, it aims to generate both current income and capital appreciation.
Core Business Areas
- Direct Lending: Providing senior secured loans, unitranche loans, and mezzanine debt to privately held companies.
- Equity Investments: Making minority equity investments, often in conjunction with debt financings.
Leadership and Structure
The fund is managed by Source Capital, LLC, an investment adviser. The specific individuals involved in management are detailed in their filings.
Top Products and Market Share
Key Offerings
- Revenue Data: Refer to their 10k reports for this data
- Senior Secured Loans: Loans secured by the assets of the borrower. Market share is not publicly available. Competitors include other BDCs and private credit funds.
- Revenue Data: Refer to their 10k reports for this data
- Unitranche Loans: A blend of senior and subordinated debt. Market share data is not publicly available. Competitors are similar to senior secured loans.
- Mezzanine Debt: Subordinated debt that may have equity components such as warrants or equity conversions. Market share data is not publicly available. Competitors are similar to senior secured loans.
- Revenue Data: Refer to their 10k reports for this data
Market Dynamics
Industry Overview
The BDC (Business Development Company) industry is characterized by providing financing to small and medium-sized businesses. It's influenced by interest rates, economic growth, and regulatory changes.
Positioning
Source Capital positions itself as a flexible capital provider, focusing on smaller end of the market. Competitive advantages include its experienced management team and tailored financing solutions.
Total Addressable Market (TAM)
TAM for private credit to small and medium-sized businesses is estimated to be in the hundreds of billions. Source Capital's position is focused on capturing a portion of this large, fragmented market.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Flexible Financing Solutions
- Focus on Underserved Market
- Strong Due Diligence Process
Weaknesses
- Smaller Asset Base Compared to Larger BDCs
- Reliance on Key Personnel
- Exposure to Credit Risk in Smaller Companies
- Potential for NAV Volatility
Opportunities
- Increasing Demand for Private Credit
- Expansion into New Industry Verticals
- Strategic Acquisitions of Smaller BDCs
- Raising Additional Capital for Investment
Threats
- Economic Downturn Impacting Borrower Creditworthiness
- Increased Competition in the Private Credit Market
- Rising Interest Rates
- Regulatory Changes Affecting BDCs
Competitors and Market Share
Key Competitors
- ARCC
- OFC
- MAIN
Competitive Landscape
Source Capital is much smaller compared to ARCC, OFC, and MAIN. They compete on providing specialized financing solutions. They are at a disadvantage with their smaller assets.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Analyze Source Capital's historical revenue growth and assets under management (AUM) growth from past financial reports.
Future Projections: Analyst estimates are not widely available for specific financial metrics; it's important to analyze the trend and make reasonable estimates.
Recent Initiatives: Monitor company press releases and investor presentations for information on new strategies and initiatives.
Summary
Source Capital is a smaller BDC, providing financing to small and medium-sized businesses. Their expertise in providing flexible financing solutions is a strength. However, it faces risks tied to smaller companies and a competitive credit market. It's a reasonable company in a tough market.
Similar Companies
- ARCC
- OFC
- MAIN
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Investor Relations Website
- Third-Party Financial Data Providers
- Company Press Releases
Disclaimers:
The analysis provided is based on publicly available information and represents an opinion. It should not be considered as financial advice. Market share data is estimated and may not be exact.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Source Capital Closed Fund
Exchange NYSE | Headquaters El Segundo, CA, United States | ||
IPO Launch date 1997-04-09 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Source Capital, Inc. is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies. It employs fundamental analysis with a bottom-up stock selection approach, focusing on such factors as high liquidity, relatively unleveraged balance sheets, and long-term ability to earn above-average returns on capital to create its portfolio. The fund benchmarks the performance of its portfolio against the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. Source Capital, Inc. was formed in June 1, 1968 and is domiciled in the United States.
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