Sixth Street Specialty LendingTSLX +0.47%53 EV-to-FCF is 15.04 as of Jun. 30, 2026, which is 79% above its 10-year median of 8.39. GuruFocus rates TSLX with a GF Score™ of 53/100 and a GF Value™ of $12.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 937 Asset Management companies, Sixth Street Specialty Lending ranks worse than 51.87% on this metric.
The historical rank and industry rank for Sixth Street Specialty Lending's EV-to-FCF or its related term are showing as below:
TSLX'
s EV-to-FCF Range Over the Past 10 Years
Min: -89.92 Med: 8.39 Max: 1203
Current: 15.04
During the past 13 years, the highest EV-to-FCF of Sixth Street Specialty Lending was 1203.00. The lowest was -89.92. And the median was 8.39.
TSLX's EV-to-FCF is ranked worse than 51.87% of 937
companies
in the Asset Management industry
Industry Median: 14.52
vs TSLX: 15.04
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 $17.17.
Sixth Street Specialty Lending's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.140.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Sixth Street Specialty Lending EV-to-FCF Related Terms
Sixth Street Specialty Lending EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Sixth Street Specialty Lending's EV-to-FCF falls into.
Sixth Street Specialty Lending's current Enterprise Value is $3,433.8 Mil.
Sixth Street Specialty Lending's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $228.3 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-FCF of 15.04 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Sixth Street Specialty Lending and its competitors. This is 79% above median its historical median of 8.39. According to the industry distribution chart, Sixth Street Specialty Lending ranks #486 out of 937 companies in the Asset Management industry, placing it in the top 51.9%.
Is Sixth Street Specialty Lending's EV-to-FCF too high?
Sixth Street Specialty Lending's current EV-to-FCF of 15.04 is 79% above median its 10-year median of 8.39. The Asset Management industry median EV-to-FCF is 14.52. Sixth Street Specialty Lending's value of 15.04 is 3.6% above this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #486 out of 937 companies in the Asset Management industry, which is below the industry midpoint. Overall, Sixth Street Specialty Lending has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's EV-to-FCF compare to BCAT and BDJ?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #486 out of 937 companies for EV-to-FCF. This places Sixth Street Specialty Lending in the lower half of its industry. The industry median EV-to-FCF is 14.52. Sixth Street Specialty Lending's value of 15.04 is 3.6% above this benchmark. While the company's 10-year median is 8.39 vs. the industry median of 14.52, 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.52, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 15.04 is 3.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.52 — 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-FCF is 15.04, which is 79% above median its own 10-year median of 8.39. 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 $12.56, compared to a current price of $17.17 — trading 36.7% above its estimated fair value. The current EV-to-FCF is 15.04, which is 79% above median its 10-year median of 8.39 and 3.6% above the Asset Management industry median of 14.52. Sixth Street Specialty Lending's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current EV-to-FCF is 15.04 as of Jun. 30, 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 $17.17 is trading 36.7% above its estimated GF Value™ of $12.56.
GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.
Key valuation signals for TSLX:
EV-to-FCF: 15.04 (79% above median its 10-year median of 8.39)
GF Value™: $12.56 vs. price of $17.17 (36.7% above fair value)
Industry Position: 3.6% above the Asset Management median (#486 of 937)
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 Business Description
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.
53GF Score
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