NCPL vs OXSQ

For growth investors, Oxford Square Capital Corp.

(OXSQ) is the stronger pick with 32. 0% revenue growth year-over-year, versus -82. 4% for Netcapital Inc. (NCPL). Analysts rate Oxford Square Capital Corp. (OXSQ) a "Hold" — based on 6 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.

Over the past 5 years, Oxford Square Capital Corp.

(OXSQ) delivered a total return of -18. 4%, compared to -100. 0% for Netcapital Inc. (NCPL). Over 10 years, the gap is even starker: OXSQ returned +60. 0% versus NCPL's -99. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Oxford Square Capital Corp.

(OXSQ) is the lower-risk stock at 0. 60β versus Netcapital Inc. 's 1. 76β — meaning NCPL is approximately 195% more volatile than OXSQ relative to the S&P 500. On balance sheet safety, Netcapital Inc. (NCPL) carries a lower debt/equity ratio of 18% versus 108% for Oxford Square Capital Corp. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Oxford Square Capital Corp.

(OXSQ) is pulling ahead at 32. 0% versus -82. 4% for Netcapital Inc. (NCPL). On earnings-per-share growth, the picture is similar: Netcapital Inc. grew EPS 29. 0% year-over-year, compared to -370. 0% for Oxford Square Capital Corp.. 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.

Oxford Square Capital Corp.

(OXSQ) is the more profitable company, earning -79. 7% net margin versus -32. 6% for Netcapital Inc. — meaning it keeps -79. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: OXSQ leads at -39. 6% versus -952. 4% for NCPL. At the gross margin level — before operating expenses — NCPL leads at 95. 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.

In this comparison, OXSQ (22.

0% yield) pays a dividend. NCPL does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Oxford Square Capital Corp.

(OXSQ) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 60), 22. 0% yield). Netcapital Inc. (NCPL) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (OXSQ: +60. 0%, NCPL: -99. 7%), 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.

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.

In terms of investment character: NCPL is a small-cap quality compounder stock; OXSQ is a small-cap high-growth stock. OXSQ pays a dividend while NCPL does not, making them suitable for different income and tax situations. 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.