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Sixth Street Specialty LendingTSLX -2.09%49 EV-to-OCF is 34.36 as of Aug. 17, 2026, which is 303% above its 10-year median of 8.52. GuruFocus rates TSLX with a GF Score™ of 49/100 and a GF Value™ of $10.76 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,506 Asset Management companies, Sixth Street Specialty Lending ranks worse than 86.45% on this metric.
The historical rank and industry rank for Sixth Street Specialty Lending's EV-to-OCF or its related term are showing as below:
TSLX'
s EV-to-OCF Range Over the Past 10 Years
Min: -89.92 Med: 8.52 Max: 1203
Current: 34.36
During the past 13 years, the highest EV-to-OCF of Sixth Street Specialty Lending was 1203.00. The lowest was -89.92. And the median was 8.52.
TSLX's EV-to-OCF is ranked worse than 86.45% of 1506
companies
in the Asset Management industry
Industry Median: 5.85
vs TSLX: 34.36
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Sixth Street Specialty Lending (NYSE:TSLX) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Sixth Street Specialty Lending's PE Ratio (TTM) for today is calculated as:
Sixth Street Specialty Lending's share price for today is $18.77.
Sixth Street Specialty Lending's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.940.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Sixth Street Specialty Lending EV-to-OCF Related Terms
Sixth Street Specialty Lending EV-to-OCF Historical Data
* 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.
For the Asset Management subindustry, Sixth Street Specialty Lending's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Sixth Street Specialty Lending EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Sixth Street Specialty Lending's EV-to-OCF falls into.
Sixth Street Specialty Lending's current Enterprise Value is $3,555.0 Mil.
Sixth Street Specialty Lending's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.5 Mil.
* 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.
Sixth Street Specialty Lending (TSLX) has a EV-to-OCF of 34.36 as of Aug. 17, 2026. This is 303% above median its historical median of 8.52. According to the industry distribution chart, Sixth Street Specialty Lending ranks #1302 out of 1506 companies in the Asset Management industry, placing it in the top 86.5%.
Is Sixth Street Specialty Lending's EV-to-OCF too high?
Sixth Street Specialty Lending's current EV-to-OCF of 34.36 is 303% above median its 10-year median of 8.52. The Asset Management industry median EV-to-OCF is 5.85. Sixth Street Specialty Lending's value of 34.36 is 487.4% above this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #1302 out of 1506 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sixth Street Specialty Lending has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's EV-to-OCF compare to BST and BCAT?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #1302 out of 1506 companies for EV-to-OCF. This places Sixth Street Specialty Lending in the lower half of its industry. The industry median EV-to-OCF is 5.85. Sixth Street Specialty Lending's value of 34.36 is 487.4% above this benchmark. While the company's 10-year median is 8.52 vs. the industry median of 5.85, Sixth Street Specialty Lending has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.85, based on 1,506 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sixth Street Specialty Lending's current EV-to-OCF of 34.36 is 487.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current EV-to-OCF is 34.36, which is 303% above median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixth Street Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Sixth Street Specialty Lending (TSLX) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.76, compared to a current price of $18.77 — trading 74.4% above its estimated fair value. The current EV-to-OCF is 34.36, which is 303% above median its 10-year median of 8.52 and 487.4% above the Asset Management industry median of 5.85. Sixth Street Specialty Lending's overall GF Score™ is 49/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current EV-to-OCF is 34.36 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sixth Street Specialty Lending (TSLX) Overvalued in 2026?
Based on GuruFocus' analysis, Sixth Street Specialty Lending stock appears to be overvalued.
The current stock price of $18.77 is trading 74.4% above its estimated GF Value™ of $10.76.
GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.
Key valuation signals for TSLX:
EV-to-OCF: 34.36 (303% above median its 10-year median of 8.52)
GF Value™: $10.76 vs. price of $18.77 (74.4% above fair value)
Industry Position: 487.4% above the Asset Management median (#1302 of 1506)
No single metric tells the full story. See the TSLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. The company partners with other companies across a variety of industries and provides creative solutions with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
49GF Score
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