(FSCO) FS Credit Opportunities - Overview
Stock: Floating-Rate Loans, High-Yield Bonds, Credit Instruments
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 11.78% |
| Yield on Cost 5y | 26.33% |
| Yield CAGR 5y | 105.38% |
| Payout Consistency | 90.0% |
| Payout Ratio | 83.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 22.0% |
| Relative Tail Risk | -3.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.18 |
| Alpha | -15.19 |
| Character TTM | |
|---|---|
| Beta | 0.638 |
| Beta Downside | 0.934 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.77% |
| CAGR/Max DD | 1.11 |
Description: FSCO FS Credit Opportunities January 16, 2026
FS Credit Opportunities Corp. (NYSE: FSCO) is a closed-ended, globally diversified credit fund launched in 2013 by Franklin Square Capital Partners and managed by FS Global Advisor, LLC. The strategy targets both public and private credit instruments-including secured/unsecured loans, floating- and fixed-rate bonds, and other financing tools-across Europe and the United States, aiming to capture yield premiums that arise from illiquidity, structural complexity, or corporate-event catalysts such as M&A or reorganizations.
Key metrics (as of the most recent filing) show an asset-under-management (AUM) base of roughly $1.2 billion, an expense ratio near 1.25 %, and a 30-day SEC-based yield of about 5.3 %. The fund’s performance is closely tied to the health of the leveraged-loan market and the spread between high-yield corporate debt and Treasuries, which have widened amid the Federal Reserve’s tightening cycle and the European Central Bank’s pivot to a more hawkish stance.
Macro drivers that materially affect FSCO’s upside include: (1) continued corporate refinancing activity in the U.S. as companies seek to lock in lower rates before potential further hikes; (2) elevated European credit spreads driven by slower economic growth and higher sovereign debt levels, creating opportunities for higher-yielding private-credit deals; and (3) a resurgence in cross-border M&A, which can generate event-driven upside for the fund’s targeted securities.
For a deeper, data-driven assessment of FSCO’s risk-adjusted return profile, you may find the analytics on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 188.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.28 > 1.0 |
| NWC/Revenue: 111.2% < 20% (prev 64.66%; Δ 46.58% < -1%) |
| CFO/TA 0.03 > 3% & CFO 67.1m > Net Income 188.1m |
| Net Debt (31.9m) to EBITDA (196.5m): 0.16 < 3 |
| Current Ratio: 48.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (198.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 81.30% > 18% (prev 0.86%; Δ 8044 % > 0.5%) |
| Asset Turnover: 11.86% > 50% (prev 14.50%; Δ -2.64% > 0%) |
| Interest Coverage Ratio: 4.14 > 6 (EBITDA TTM 196.5m / Interest Expense TTM 47.4m) |
Altman Z'' 0.87
| A: 0.13 (Total Current Assets 288.0m - Total Current Liabilities 5.92m) / Total Assets 2.16b |
| B: -0.09 (Retained Earnings -203.3m / Total Assets 2.16b) |
| C: 0.09 (EBIT TTM 196.5m / Avg Total Assets 2.14b) |
| D: -0.29 (Book Value of Equity -203.1m / Total Liabilities 710.0m) |
| Altman-Z'' Score: 0.87 = B |
What is the price of FSCO shares?
Over the past week, the price has changed by -2.64%, over one month by -6.97%, over three months by -3.71% and over the past year by -3.59%.
Is FSCO a buy, sell or hold?
What are the forecasts/targets for the FSCO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 8.2 | 37.9% |
FSCO Fundamental Data Overview February 03, 2026
P/S = 6.1963
P/B = 0.8382
Revenue TTM = 253.6m USD
EBIT TTM = 196.5m USD
EBITDA TTM = 196.5m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 285.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.9m USD (from netDebt column, last quarter)
Enterprise Value = 1.24b USD (1.20b + Debt 285.0m - CCE 253.1m)
Interest Coverage Ratio = 4.14 (Ebit TTM 196.5m / Interest Expense TTM 47.4m)
EV/FCF = 18.42x (Enterprise Value 1.24b / FCF TTM 67.1m)
FCF Yield = 5.43% (FCF TTM 67.1m / Enterprise Value 1.24b)
FCF Margin = 26.45% (FCF TTM 67.1m / Revenue TTM 253.6m)
Net Margin = 74.15% (Net Income TTM 188.1m / Revenue TTM 253.6m)
Gross Margin = 81.30% ((Revenue TTM 253.6m - Cost of Revenue TTM 47.4m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.57 (Enterprise Value 1.24b / Total Assets 2.16b)
Interest Expense / Debt = 16.65% (Interest Expense 47.4m / Debt 285.0m)
Taxrate = 4.30% (8.44m / 196.5m)
NOPAT = 188.1m (EBIT 196.5m * (1 - 4.30%))
Current Ratio = 48.68 (Total Current Assets 288.0m / Total Current Liabilities 5.92m)
Debt / Equity = 0.20 (Debt 285.0m / totalStockholderEquity, last quarter 1.45b)
Debt / EBITDA = 0.16 (Net Debt 31.9m / EBITDA 196.5m)
Debt / FCF = 0.48 (Net Debt 31.9m / FCF TTM 67.1m)
Total Stockholder Equity = 1.41b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.80% (Net Income 188.1m / Total Assets 2.16b)
RoE = 13.29% (Net Income TTM 188.1m / Total Stockholder Equity 1.41b)
RoCE = 9.13% (EBIT 196.5m / Capital Employed (Total Assets 2.16b - Current Liab 5.92m))
RoIC = 10.64% (NOPAT 188.1m / Invested Capital 1.77b)
WACC = 9.73% (E(1.20b)/V(1.49b) * Re(8.26%) + D(285.0m)/V(1.49b) * Rd(16.65%) * (1-Tc(0.04)))
Discount Rate = 8.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 62.84% ; FCFF base≈94.4m ; Y1≈62.0m ; Y5≈28.3m
Fair Price DCF = 1.99 (EV 426.3m - Net Debt 31.9m = Equity 394.4m / Shares 198.4m; r=9.73% [WACC]; 5y FCF grow -40.0% → 2.90% )
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: N/A | # QB: 0