OFS Capital Corporation (OFS) Key Metrics
OFS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $52.7M
- Enterprise value
- $232.2M
- P/E (TTM)
- — 10-yr median 14.8
- Forward P/E
- 9.2
- PEG ratio
- 1.83
- Price / sales
- 1.5 10-yr median 5.8
- Price / book
- 0.4 10-yr median 0.8
- EV / EBITDA
- — 10-yr median 31.7
- Dividend yield
- 17.30% $0.68 a year
- Beta
- 0.93
OFS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOFS valuation Price multiples at each fiscal year-end price.
Price / book−17.5%
0.5
2025 · hover or tap a bar for each year
20162025
Price / free cash flow−55.4%
1.5
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+37.9 pts
68.4%
2025 · hover or tap a bar for each year
20162025
OFS returns How much profit the business earns on the capital it uses.
Return on equity−39.4 pts
−22.4%
2025 · hover or tap a bar for each year
20162025
Return on invested capital−13.7 pts
−7.0%
2025 · hover or tap a bar for each year
20162025
Return on assets−14.9 pts
−8.5%
2025 · hover or tap a bar for each year
20162025
Asset turnover−100.0%
0.00
2025 · hover or tap a bar for each year
20162025
OFS per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−100.0%
$0.00
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$2.47
2025 · hover or tap a bar for each year
20162025
Free cash flow per share+32.2%
$3.26
2025 · hover or tap a bar for each year
20162025
Book value per share−28.5%
$9.19
2025 · hover or tap a bar for each year
20162025
Dividends per share−12.5%
$1.19
2025 · hover or tap a bar for each year
20162025
Shares outstanding0.0%
13.4M
2025 · hover or tap a bar for each year
20162025
OFS financial health Debt, liquidity and how easily interest is covered.
Debt / equity+23.4%
1.77
2025 · hover or tap a bar for each year
20162025
Net debt−$26.3M
$214.3M
2025 · hover or tap a bar for each year
20162025
Current ratio−64.7%
0.74
2025 · hover or tap a bar for each year
20162025
Interest coverage
-2.0
2025 · hover or tap a bar for each year
20162025
Debt / assets+9.0%
0.63
2025 · hover or tap a bar for each year
20162025
OFS efficiency & capital use Working capital cycle and where the cash goes.
Days payables outstanding−15 days
45 days
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−18.7 pts
36.5%
2025 · hover or tap a bar for each year
20162025
OFS valuation history
Fiscal year-endToday10-year median
OFS returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OFS debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OFS cash returned to shareholders
DividendsBuybacksFree cash flow
OFS price vs earnings per share
Share price at year-endEPS (right axis)
OFS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $63.8M | $108.1M | $156.8M | $136.2M | $146.2M | $95.8M | $149.3M | $141.5M | $147.6M | $133.4M |
| Enterprise value | $278.1M | $348.7M | $411.1M | $453.0M | $448.0M | $367.2M | $488.3M | $370.1M | $257.1M | $272.1M |
| P/E ratio | — | 3.8 | — | — | 2.6 | 25.9 | 15.6 | 14.8 | 18.7 | 9.6 |
| Price / sales | — | 2.2 | 6.5 | 10.7 | 1.7 | 3.3 | 5.0 | 6.1 | 8.4 | 5.8 |
| Price / book | 0.5 | 0.6 | 1.0 | 0.8 | 0.7 | 0.6 | 0.9 | 0.8 | 0.8 | 0.9 |
| Price / free cash flow | 1.5 | 3.3 | 7.3 | 46.2 | — | 1.2 | — | — | 13.8 | — |
| Price / operating cash flow | 1.5 | 3.3 | 7.3 | 46.2 | — | 1.2 | — | — | 13.8 | — |
| EV / sales | — | 7.0 | 16.9 | 35.7 | 5.2 | 12.6 | 16.3 | 15.9 | 14.7 | 11.9 |
| EV / EBITDA | — | 12.2 | — | — | 7.8 | 94.2 | 50.1 | 37.9 | 31.7 | 19.4 |
| EV / free cash flow | 6.4 | 10.6 | 19.2 | 153.8 | — | 4.6 | — | — | 24.1 | — |
| Earnings yield | −51.9% | 26.3% | −0.3% | −5.6% | 38.9% | 3.9% | 6.4% | 6.8% | 5.4% | 10.4% |
| Free cash flow yield | 68.4% | 30.5% | 13.6% | 2.2% | −8.2% | 84.2% | −68.1% | −71.4% | 7.2% | −8.5% |
| Dividend yield | 25.0% | 16.9% | 11.5% | 11.3% | 8.3% | 11.9% | 12.0% | 16.2% | 11.3% | 9.8% |
| Shareholder yield (dividends + buybacks) | 25.0% | 16.9% | 11.5% | 11.6% | 8.3% | 11.9% | 12.0% | 16.2% | 11.4% | 9.8% |
| Share price at fiscal year-end | $4.76 | $8.07 | $11.70 | $10.15 | $10.90 | $7.15 | $11.17 | $10.60 | $11.90 | $13.76 |
| Per share | ||||||||||
| Revenue per share | $0.00 | $3.70 | $1.81 | $0.95 | $6.39 | $2.18 | $2.24 | $1.74 | $1.41 | $2.37 |
| Earnings per share | −$2.47 | $2.12 | −$0.03 | −$0.57 | $4.24 | $0.28 | $0.71 | $0.72 | $0.64 | $1.43 |
| Operating cash flow per share | $3.26 | $2.46 | $1.59 | $0.22 | −$0.90 | $6.02 | −$7.61 | −$7.57 | $0.86 | −$1.17 |
| Free cash flow per share | $3.26 | $2.46 | $1.59 | $0.22 | −$0.90 | $6.02 | −$7.61 | −$7.57 | $0.86 | −$1.17 |
| Cash per share | $0.25 | $0.45 | $3.38 | $1.11 | $3.21 | $2.82 | $1.01 | $2.86 | $5.88 | $1.82 |
| Book value per share | $9.19 | $12.85 | $12.09 | $13.45 | $15.19 | $11.87 | $12.47 | $13.11 | $15.18 | $14.83 |
| Tangible book value per share | $9.19 | $12.85 | $12.09 | $13.41 | $15.19 | $11.78 | $12.29 | $12.92 | $14.96 | $14.53 |
| Dividends per share | $1.19 | $1.36 | $1.34 | $1.15 | $0.90 | $0.85 | $1.34 | $1.72 | $1.35 | $1.35 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $16.24 | $18.41 | $22.37 | $24.73 | $25.71 | $23.08 | $26.37 | $19.99 | $14.71 | $16.13 |
| Shares outstanding | 13.4M | 13.4M | 13.4M | 13.4M | 13.4M | 13.4M | 13.4M | 13.3M | 12.4M | 9.7M |
| Change in shares outstanding | 0.0% | 0.0% | −0.1% | +0.0% | +0.1% | +0.2% | +0.1% | +7.6% | +28.0% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −22.4% | 17.0% | −0.3% | −3.9% | 31.4% | 2.3% | 5.6% | 5.3% | 4.8% | 9.6% |
| Return on invested capital (ROIC) | −7.0% | 6.7% | −0.1% | −1.2% | 12.2% | 0.8% | 2.1% | 2.7% | 1.4% | 2.5% |
| Return on assets (ROA) | −8.5% | 6.3% | −0.1% | −1.4% | 10.8% | 0.7% | 2.0% | 2.4% | 2.4% | 4.6% |
| Return on tangible assets | −9.5% | 6.6% | −0.1% | −1.5% | 10.0% | 0.8% | 1.8% | 2.2% | 2.2% | 4.6% |
| Free cash flow margin | — | 66.7% | 88.0% | 23.2% | −14.0% | 276.7% | −339.4% | −434.3% | 61.0% | −49.4% |
| Income quality (OCF / net income) | — | 1.16 | — | — | −0.21 | 21.83 | −10.64 | −10.56 | 1.35 | −0.82 |
| Financial health | ||||||||||
| Total debt | $217.6M | $246.7M | $299.7M | $331.8M | $344.8M | $309.2M | $352.5M | $266.8M | $182.4M | $156.3M |
| Cash & short-term investments | $3.4M | $6.1M | $45.3M | $14.9M | $43.0M | $37.7M | $13.4M | $38.2M | $73.0M | $17.7M |
| Net debt | $214.3M | $240.6M | $254.4M | $316.8M | $301.8M | $271.5M | $339.0M | $228.7M | $109.5M | $138.7M |
| Debt / equity | 1.77 | 1.43 | 1.85 | 1.84 | 1.69 | 1.95 | 2.12 | 1.52 | 0.97 | 1.09 |
| Debt / assets | 0.63 | 0.58 | 0.64 | 0.64 | 0.61 | 0.64 | 0.65 | 0.60 | 0.51 | 0.51 |
| Net debt / EBITDA | — | 8.44 | — | — | 5.29 | 69.61 | 34.78 | 23.41 | 13.51 | 9.89 |
| Current ratio | 0.74 | 2.10 | 3.02 | 2.21 | 3.24 | 2.57 | 1.22 | 3.54 | 16.39 | 3.96 |
| Quick ratio | 0.74 | 2.10 | 3.02 | 2.21 | 3.24 | 2.57 | 1.22 | 41.69 | 93.84 | 66.09 |
| Interest coverage | -2.0 | 1.7 | -0.0 | -0.4 | 3.2 | 0.2 | 0.6 | 1.0 | 1.4 | 2.6 |
| Working capital | −$1.2M | $8.9M | $30.3M | $10.0M | $42.8M | $24.0M | $3.0M | $29.4M | $71.1M | $14.5M |
| Invested capital | $337.5M | $412.8M | $416.4M | $497.2M | $505.5M | $430.4M | $505.7M | $403.7M | $297.8M | $282.5M |
| Tangible asset value | $123.2M | $172.2M | $161.9M | $179.9M | $203.7M | $157.8M | $164.2M | $172.4M | $185.6M | $140.8M |
| Net current asset value | −$220.2M | −$238.8M | −$262.5M | −$321.9M | −$303.4M | −$285.5M | −$354.8M | −$225.4M | −$93.8M | −$141.8M |
| Graham number | — | $24.78 | — | — | $38.06 | $8.58 | $14.16 | $14.55 | $14.76 | $21.82 |
| Graham net-net per share | −$16.39 | −$18.03 | −$19.47 | −$24.13 | −$23.11 | −$21.37 | −$26.61 | −$33.48 | −$22.04 | −$30.41 |
| Capital allocation | ||||||||||
| Dividends paid | $15.9M | $18.2M | $18.0M | $15.4M | $12.1M | $11.4M | $17.9M | $22.9M | $16.7M | $13.1M |
| Share buybacks (net) | — | — | — | $350,000 | — | — | — | $0 | $72,000 | $0 |
| Dividend payout ratio | — | 64.1% | — | — | 21.2% | 307.7% | 187.9% | 239.2% | 211.1% | 94.5% |
| Dividends + buybacks / free cash flow | 36.5% | 55.2% | 84.0% | 534.1% | — | 14.1% | — | — | 157.1% | — |
| Capex / revenue | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% | — | — | 0.0% | — |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-based compensation / revenue | — | — | −4.9% | — | — | — | — | — | — | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | — | 9.0% | 20.8% | 24.5% | 7.9% | 17.8% | 15.2% | 19.3% | 21.6% | 16.6% |
| Efficiency | ||||||||||
| Days sales outstanding | — | 48.8 | 33.2 | 267.0 | 37.6 | 29.1 | 37.4 | 43.3 | 47.0 | 20.4 |
| Days of inventory on hand | — | — | — | 0.0 | 0.0 | 0.0 | — | -15,798.7 | -20,809.0 | -20,998.9 |
| Days payables outstanding | 45.0 | 60.4 | 71.7 | 136.5 | 179.2 | 215.2 | 238.8 | 168.8 | 100.3 | 108.3 |
| Cash conversion cycle (days) | — | -11.7 | -38.5 | 130.4 | -141.6 | -186.1 | -201.4 | -15,924.2 | -20,862.3 | -21,086.8 |
| Receivables turnover | 0.00 | 7.48 | 10.99 | 1.37 | 9.71 | 12.54 | 9.76 | 8.43 | 7.77 | 17.92 |
| Payables turnover | 8.11 | 6.04 | 5.09 | 2.67 | 2.04 | 1.70 | 1.53 | 2.16 | 3.64 | 3.37 |
| Inventory turnover | — | — | — | 11,350,000.00 | 11,676,666.67 | 18,808,000.00 | — | — | — | — |
| Asset turnover | 0.00 | 0.11 | 0.05 | 0.02 | 0.16 | 0.06 | 0.06 | 0.06 | 0.05 | 0.08 |
| Average receivables | $5.9M | $6.6M | $2.2M | $9.3M | $8.8M | $2.3M | $3.1M | $2.8M | $2.3M | $1.3M |
| Average payables | $2.0M | $2.8M | $3.8M | $6.4M | $8.6M | $11.1M | $10.4M | $4.3M | $1.6M | $1.6M |
| Average inventory | — | — | — | $2 | $2 | $1 | — | −$399.6M | −$331.4M | −$305.0M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.2% | 0.4% | 0.6% | 0.8% | 1.0% |
Computed from OFS's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OFS valuation and financial ratios
OFS Capital earned a return on equity of −22.4% and a return on invested capital of −7.0% in fiscal 2025. It ended the year with $217.6 million of debt and $3.4 million in cash and short-term investments, net debt of $214.3 million. It returned $15.9 million to shareholders: $15.9 million in dividends and $0 in share buybacks, 37% of free cash flow. The share count rose 38.2% from 9.7M to 13.4M over 9 years.
See the OFS income statement, the OFS chart for price history, or the OFS stock overview for the latest quote and news.
OFS key metrics FAQ
What is OFS Capital's return on equity?
OFS Capital's return on equity (ROE) was −22.4% in fiscal 2025: net income of -$33.1 million on average shareholders' equity of $147.7 million.
What is OFS Capital's ROIC?
OFS Capital's return on invested capital was −7.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does OFS Capital have?
OFS Capital had total debt of $217.6 million at the end of fiscal 2025, a debt-to-equity ratio of 1.77.
What is OFS Capital's dividend yield?
OFS Capital's forward dividend yield is 17.30%. OFS Capital paid $15.9 million in dividends in fiscal 2025 ($1.19 per share), a payout ratio of —.
What is OFS Capital's free cash flow yield?
OFS Capital generated $43.6 million of free cash flow in fiscal 2025, a free cash flow yield of 68.4% on its market value at year-end ($63.8 million).
What is OFS Capital's current ratio?
OFS Capital's current ratio was 0.74 at the end of fiscal 2025: current assets were 0.74 times current liabilities.