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Oaktree Specialty Lending (Oaktree Specialty Lending) Cyclically Adjusted Revenue per Share : $1.12 (As of Dec. 2023)


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What is Oaktree Specialty Lending Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Oaktree Specialty Lending's adjusted revenue per share for the three months ended in Dec. 2023 was $0.152. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $1.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Oaktree Specialty Lending's average Cyclically Adjusted Revenue Growth Rate was -13.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Oaktree Specialty Lending was -0.20% per year. The lowest was -16.00% per year. And the median was -3.90% per year.

As of today (2024-04-28), Oaktree Specialty Lending's current stock price is $19.83. Oaktree Specialty Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.12. Oaktree Specialty Lending's Cyclically Adjusted PS Ratio of today is 17.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Oaktree Specialty Lending was 19.23. The lowest was 4.77. And the median was 13.37.


Oaktree Specialty Lending Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Oaktree Specialty Lending's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oaktree Specialty Lending Cyclically Adjusted Revenue per Share Chart

Oaktree Specialty Lending Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.25 1.54 1.36 1.20

Oaktree Specialty Lending Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.24 1.22 1.20 1.12

Competitive Comparison of Oaktree Specialty Lending's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, Oaktree Specialty Lending's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oaktree Specialty Lending's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Oaktree Specialty Lending's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oaktree Specialty Lending's Cyclically Adjusted PS Ratio falls into.



Oaktree Specialty Lending Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Oaktree Specialty Lending's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.152/129.4194*129.4194
=0.152

Current CPI (Dec. 2023) = 129.4194.

Oaktree Specialty Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.672 99.695 0.872
201406 0.474 100.560 0.610
201409 0.599 100.428 0.772
201412 -0.451 99.070 -0.589
201503 0.544 99.621 0.707
201506 0.443 100.684 0.569
201509 0.006 100.392 0.008
201512 -1.022 99.792 -1.325
201603 0.214 100.470 0.276
201606 -0.028 101.688 -0.036
201609 0.008 101.861 0.010
201612 -1.505 101.863 -1.912
201703 0.254 102.862 0.320
201706 -0.068 103.349 -0.085
201709 -2.571 104.136 -3.195
201712 -0.551 104.011 -0.686
201803 0.470 105.290 0.578
201806 0.526 106.317 0.640
201809 0.774 106.507 0.941
201812 0.622 105.998 0.759
201903 1.240 107.251 1.496
201906 0.483 108.070 0.578
201909 0.361 108.329 0.431
201912 0.446 108.420 0.532
202003 -3.462 108.902 -4.114
202006 2.593 108.767 3.085
202009 1.536 109.815 1.810
202012 1.440 109.897 1.696
202103 1.867 111.754 2.162
202106 0.838 114.631 0.946
202109 0.648 115.734 0.725
202112 0.700 117.630 0.770
202203 0.260 121.301 0.277
202206 -0.586 125.017 -0.607
202209 0.279 125.227 0.288
202212 0.240 125.222 0.248
202303 0.323 127.348 0.328
202306 0.492 128.729 0.495
202309 0.635 129.860 0.633
202312 0.152 129.419 0.152

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Oaktree Specialty Lending  (NAS:OCSL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Oaktree Specialty Lending's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.83/1.12
=17.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Oaktree Specialty Lending was 19.23. The lowest was 4.77. And the median was 13.37.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Oaktree Specialty Lending Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Oaktree Specialty Lending's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Oaktree Specialty Lending (Oaktree Specialty Lending) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. It provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. Its investments generally range in size from ten million dollars to hundred million dollars and are principally in the form of the first lien, second lien, or collectively, senior secured, and subordinated debt investments, which may also include an equity component made in connection with investments by private equity sponsors.
Executives
Matthew Stewart officer: Chief Operating Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Christopher Mckown officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Ashley Pak officer: Chief Compliance Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Mathew Pendo officer: Chief Operating Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Leonard M Tannenbaum director, officer: CEO and President 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Deborah Ann Gero director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Richard Ruben director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Armen Panossian officer: Chief Executive Officer 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Craig A Jacobson director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Melvin Carlisle officer: Chief Financial Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bruce Zimmerman director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Marc Gamsin director 1999 AVENUE OF THE STARS, SUITE 2150, LOS ANGELES CA 90067
John Frank director C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Edgar Lee officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071