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CION vs SLRC
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
CION vs SLRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $401M | $761M |
| Revenue (TTM) | $201M | $220M |
| Net Income (TTM) | $-21M | $73M |
| Gross Margin | 74.4% | 73.3% |
| Operating Margin | 34.7% | 72.9% |
| Forward P/E | 6.7x | 8.7x |
| Total Debt | $1.13B | $1.15B |
| Cash & Equiv. | $8M | $16M |
CION vs SLRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 21 | May 26 | Return |
|---|---|---|---|
| CION Investment Cor… (CION) | 100 | 61.9 | -38.1% |
| SLR Investment Corp. (SLRC) | 100 | 70.6 | -29.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CION vs SLRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CION is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.80, yield 12.8%
- Rev growth 40.9%, EPS growth -161.9%
- Beta 0.80, yield 12.8%, current ratio 2.48x
SLRC carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 64.1% 10Y total return vs CION's 26.9%
- Lower volatility, beta 0.76, current ratio 0.31x
- Efficiency ratio 0.0% vs CION's 0.4% (lower = leaner)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.9% NII/revenue growth vs SLRC's 24.8% | |
| Value | Lower P/E (6.7x vs 8.7x) | |
| Quality / Margins | Efficiency ratio 0.0% vs CION's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 0.76 vs CION's 0.80, lower leverage | |
| Dividends | 12.8% yield, 1-year raise streak, vs SLRC's 11.8% | |
| Momentum (1Y) | +0.5% vs CION's -5.6% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs CION's 0.4% |
CION vs SLRC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
SLRC leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLRC and CION operate at a comparable scale, with $220M and $201M in trailing revenue. SLRC is the more profitable business, keeping 42.0% of every revenue dollar as net income compared to CION's -10.3%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $201M | $220M |
| EBITDAEarnings before interest/tax | -$22M | $73M |
| Net IncomeAfter-tax profit | -$21M | $73M |
| Free Cash FlowCash after capex | $8M | -$73M |
| Gross MarginGross profit ÷ Revenue | +74.4% | +73.3% |
| Operating MarginEBIT ÷ Revenue | +34.7% | +72.9% |
| Net MarginNet income ÷ Revenue | -10.3% | +42.0% |
| FCF MarginFCF ÷ Revenue | +38.2% | -32.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -9.0% | -100.0% |
Valuation Metrics
CION leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, SLRC's 11.6x EV/EBITDA is more attractive than CION's 21.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $401M | $761M |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $1.9B |
| Trailing P/EPrice ÷ TTM EPS | -20.00x | 8.21x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.74x | 8.66x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.23x |
| EV / EBITDAEnterprise value multiple | 21.75x | 11.56x |
| Price / SalesMarket cap ÷ Revenue | 1.99x | 3.46x |
| Price / BookPrice ÷ Book value/share | 25.37x | 0.76x |
| Price / FCFMarket cap ÷ FCF | 5.22x | — |
Profitability & Efficiency
SLRC leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
SLRC delivers a 7.3% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-4 for CION. SLRC carries lower financial leverage with a 1.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to CION's 69.94x. On the Piotroski fundamental quality scale (0–9), CION scores 5/9 vs SLRC's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -3.6% | +7.3% |
| ROA (TTM)Return on assets | -1.4% | +2.9% |
| ROICReturn on invested capital | +3.4% | +5.8% |
| ROCEReturn on capital employed | +7.0% | +7.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 |
| Debt / EquityFinancial leverage | 69.94x | 1.15x |
| Net DebtTotal debt minus cash | $1.1B | $1.1B |
| Cash & Equiv.Liquid assets | $8M | $16M |
| Total DebtShort + long-term debt | $1.1B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 0.77x | 1.06x |
Total Returns (Dividends Reinvested)
SLRC leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CION five years ago would be worth $12,537 today (with dividends reinvested), compared to $11,776 for SLRC. Over the past 12 months, SLRC leads with a +0.5% total return vs CION's -5.6%. The 3-year compound annual growth rate (CAGR) favors SLRC at 10.0% vs CION's 9.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -15.7% | -6.9% |
| 1-Year ReturnPast 12 months | -5.6% | +0.5% |
| 3-Year ReturnCumulative with dividends | +32.2% | +33.0% |
| 5-Year ReturnCumulative with dividends | +25.4% | +17.8% |
| 10-Year ReturnCumulative with dividends | +26.9% | +64.1% |
| CAGR (3Y)Annualised 3-year return | +9.8% | +10.0% |
Risk & Volatility
SLRC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
SLRC is the less volatile stock with a 0.76 beta — it tends to amplify market swings less than CION's 0.80 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SLRC currently trades 81.1% from its 52-week high vs CION's 71.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.80x | 0.76x |
| 52-Week HighHighest price in past year | $10.93 | $17.20 |
| 52-Week LowLowest price in past year | $6.50 | $13.62 |
| % of 52W HighCurrent price vs 52-week peak | +71.4% | +81.1% |
| RSI (14)Momentum oscillator 0–100 | 61.7 | 61.7 |
| Avg Volume (50D)Average daily shares traded | 659K | 380K |
Analyst Outlook
CION leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CION as "Sell" and SLRC as "Buy". Consensus price targets imply 57.1% upside for CION (target: $12) vs 16.5% for SLRC (target: $16). For income investors, CION offers the higher dividend yield at 12.78% vs SLRC's 11.76%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Sell | Buy |
| Price TargetConsensus 12-month target | $12.25 | $16.25 |
| # AnalystsCovering analysts | 1 | 15 |
| Dividend YieldAnnual dividend ÷ price | +12.8% | +11.8% |
| Dividend StreakConsecutive years of raises | 1 | 0 |
| Dividend / ShareAnnual DPS | $1.00 | $1.64 |
| Buyback YieldShare repurchases ÷ mkt cap | +4.3% | 0.0% |
SLRC leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CION leads in 2 (Valuation Metrics, Analyst Outlook).
CION vs SLRC: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CION or SLRC a better buy right now?
For growth investors, CION Investment Corporation (CION) is the stronger pick with 40.
9% revenue growth year-over-year, versus 24. 8% for SLR Investment Corp. (SLRC). SLR Investment Corp. (SLRC) offers the better valuation at 8. 2x trailing P/E (8. 7x forward), making it the more compelling value choice. Analysts rate SLR Investment Corp. (SLRC) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CION or SLRC?
On forward P/E, CION Investment Corporation is actually cheaper at 6.
7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CION or SLRC?
Over the past 5 years, CION Investment Corporation (CION) delivered a total return of +25.
4%, compared to +17. 8% for SLR Investment Corp. (SLRC). Over 10 years, the gap is even starker: SLRC returned +64. 1% versus CION's +26. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CION or SLRC?
By beta (market sensitivity over 5 years), SLR Investment Corp.
(SLRC) is the lower-risk stock at 0. 76β versus CION Investment Corporation's 0. 80β — meaning CION is approximately 5% more volatile than SLRC relative to the S&P 500. On balance sheet safety, SLR Investment Corp. (SLRC) carries a lower debt/equity ratio of 115% versus 70% for CION Investment Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CION or SLRC?
By revenue growth (latest reported year), CION Investment Corporation (CION) is pulling ahead at 40.
9% versus 24. 8% for SLR Investment Corp. (SLRC). On earnings-per-share growth, the picture is similar: SLR Investment Corp. grew EPS -3. 4% year-over-year, compared to -161. 9% for CION Investment Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CION or SLRC?
SLR Investment Corp.
(SLRC) is the more profitable company, earning 42. 0% net margin versus -10. 3% for CION Investment Corporation — meaning it keeps 42. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SLRC leads at 72. 9% versus 34. 7% for CION. At the gross margin level — before operating expenses — CION leads at 74. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CION or SLRC more undervalued right now?
On forward earnings alone, CION Investment Corporation (CION) trades at 6.
7x forward P/E versus 8. 7x for SLR Investment Corp. — 1. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CION: 57. 1% to $12. 25.
08Which pays a better dividend — CION or SLRC?
All stocks in this comparison pay dividends.
CION Investment Corporation (CION) offers the highest yield at 12. 8%, versus 11. 8% for SLR Investment Corp. (SLRC).
09Is CION or SLRC better for a retirement portfolio?
For long-horizon retirement investors, SLR Investment Corp.
(SLRC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 76), 11. 8% yield). Both have compounded well over 10 years (SLRC: +64. 1%, CION: +26. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CION and SLRC?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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