Latest Ratios: P/E Ratio -6.7x · EV/EBITDA N/A · ROE -6.6%. (2018–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $77M | $123M | $118M | $71M | $79M | $107M | $32M | $44M | $47M |
| Enterprise Value | $64M | $110M | $93M | $117M | $66M | $92M | $25M | $40M | $38M |
| P/E Ratio → | -6.74 | — | 7.86 | — | — | 3.57 | — | — | 170.73 |
| P/S Ratio | 1.90 | 3.04 | 6.32 | 2.30 | 3.00 | 4.65 | — | — | 134.09 |
| P/B Ratio | 0.44 | 0.80 | 0.79 | 0.59 | 0.84 | 0.99 | 0.77 | 0.96 | 0.93 |
| P/FCF | — | — | — | — | — | — | 9.20 | — | 18.29 |
| P/OCF | — | — | — | — | — | — | 9.20 | — | 18.29 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.70 | 4.99 | 3.80 | 2.52 | 4.00 | — | — | 108.28 |
| EV / EBITDA | — | — | 2.77 | — | — | 3.99 | — | 4.52 | 14.23 |
| EV / EBIT | — | — | 2.77 | — | — | 3.99 | — | — | 132.59 |
| EV / FCF | — | — | — | — | — | — | 7.34 | — | 14.77 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.8% | 70.8% | 100.0% | 100.0% | 72.0% | 78.8% | 293.7% | 141.4% | 97.1% |
| Operating Margin | -5.5% | -5.5% | 80.4% | -28.7% | -34.9% | 100.3% | 125.0% | 121.4% | 742.4% |
| Net Profit Margin | -24.4% | -24.4% | 80.4% | -6.2% | -51.8% | 88.4% | 224.8% | 121.4% | 81.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.6% | -6.6% | 11.2% | -1.8% | -13.4% | 27.2% | -8.4% | -16.3% | 0.6% |
| ROA | -3.9% | -3.9% | 7.0% | -1.1% | -8.4% | 17.8% | -5.6% | -13.2% | 0.6% |
| ROIC | -1.1% | -1.1% | 6.8% | -4.8% | -5.5% | 17.4% | -3.5% | -12.2% | 3.9% |
| ROCE | -0.9% | -0.9% | 7.1% | -5.2% | -5.8% | 21.2% | -3.1% | -13.3% | 5.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.52 | — | 0.45 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | 2.13 | — | — | — |
| Net Debt / Equity | — | -0.09 | -0.17 | 0.38 | -0.13 | -0.14 | -0.16 | -0.09 | -0.18 |
| Net Debt / EBITDA | — | — | -0.73 | — | — | -0.65 | — | -0.44 | -3.39 |
| Debt / FCF | — | — | — | — | — | — | -1.86 | — | -3.52 |
| Interest Coverage | -0.32 | -0.32 | 9.27 | -1.95 | -2.26 | 8.47 | -1.25 | -8.00 | 4.12 |
Net cash position: cash ($14M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.99 | 3.99 | 8.94 | 6.35 | 5.65 | 2.59 | — | 12.45 | 15.64 |
| Quick Ratio | 3.99 | 3.99 | 8.94 | 6.35 | 5.65 | 2.59 | — | 12.45 | 15.64 |
| Cash Ratio | 3.99 | 3.99 | 8.66 | 6.05 | 5.39 | 2.54 | — | 12.29 | 15.35 |
| Asset Turnover | — | 0.15 | 0.08 | 0.17 | 0.16 | 0.14 | -0.03 | -0.10 | 0.01 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 45.7% | 25.0% | 16.1% | 7.1% | 4.6% | 2.1% | 11.0% | 12.4% | — |
| Payout Ratio | — | — | 126.5% | — | — | 11.0% | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 12.7% | — | — | 28.0% | — | — | 0.6% |
| FCF Yield | — | — | — | — | — | — | 10.9% | — | 5.5% |
| Buyback Yield | 1.0% | 0.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 100.0% |
| Total Shareholder Yield | 46.8% | 25.6% | 16.1% | 7.1% | 4.6% | 2.1% | 11.0% | 12.4% | 100.0% |
| Shares Outstanding | — | $26M | $17M | $11M | $8M | $8M | $3M | $3M | $3M |
CLO equity waterfall volatility
As reported in recent financial filings, OCCI trades at a P/B ratio of 0.43, a valuation level that suggests the market is heavily discounting the fund's net asset value due to persistent concerns regarding the long-term viability of its CLO equity cash flows.
The significant discount to book value indicates that investors are pricing in a high probability of future NAV erosion rather than viewing the fund as a stable income generator. This valuation gap relative to historical norms suggests that the market remains skeptical of the fund's ability to maintain its current distribution yield without further dilutive capital raises.
Based on the provided quarterly data, OCCI's ROE has swung into negative territory, reaching -5.6% in 2025Q4, which highlights the extreme sensitivity of the fund's profitability to mark-to-market adjustments within its junior CLO equity portfolio.
The DuPont decomposition reveals that profitability is currently hampered by both erratic net interest margins and high non-interest expenses. The inability to generate consistent positive returns on equity suggests that the fund's current investment strategy is struggling to overcome the structural costs of its leverage and management fee structure.
According to the latest quarterly financial statements, OCCI's efficiency ratio reached an unsustainable 187.4% in 2025Q4, indicating that operating expenses are currently consuming nearly double the fund's total revenue base.
This extreme efficiency ratio suggests that the fund lacks the necessary operating leverage to absorb market volatility. Investors should monitor whether this trend is a temporary byproduct of portfolio rebalancing or a structural issue where the cost of managing the CLO equity assets exceeds the income they generate.
As indicated by the reported equity-to-assets ratio of 0.57 in 2025Q4, OCCI maintains a relatively thin capital buffer, leaving the fund highly exposed to potential credit deterioration within its underlying corporate loan pools.
The decline in the equity-to-assets ratio over the last ten quarters suggests that the fund is increasingly reliant on leverage to support its investment activities. This trend warrants further investigation, as a lower capital cushion reduces the fund's capacity to absorb losses during periods of credit stress without triggering waterfall payment halts.
The P/E ratio is fundamentally misapplied to OCCI, as reported in financial statements, because it fails to account for the non-cash valuation adjustments that frequently distort GAAP net income in CLO equity funds.
Investors should instead focus on Core Net Investment Income (NII) and cash distribution coverage, as the P/E ratio obscures the fund's actual liquidity position. Relying on P/E in this context may lead to erroneous conclusions about the sustainability of the dividend, as it ignores the underlying cash-generating capacity of the CLO waterfall.
Includes 30+ ratios · 8 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying OCCI stock.
OFS Credit Company, Inc.'s current P/E ratio is -6.7x. The historical average is 60.7x.
OFS Credit Company, Inc.'s return on equity (ROE) is -6.6%. The historical average is -1.0%.
Based on historical data, OFS Credit Company, Inc. is trading at a P/E of -6.7x. Compare with industry peers and growth rates for a complete picture.
OFS Credit Company, Inc.'s current dividend yield is 45.75%.
OFS Credit Company, Inc. has 70.8% gross margin and -5.5% operating margin.