SuRo Capital Corp. (Nasdaq: SSSS) is a micro-cap business development company. The firm seeks to invest in late-stage, venture capital-backed private companies. Their portfolio consists of a growing list of various clients such as Nextdoor and Varo Money Inc. On top of that, they recorded a net asset value of $7.83 per share as of September 30, 2022, while their share price is currently USD 4.19.
Comps: General American Investors Company, Inc. (NYSE: GAM), OFS Capital Corporation (Nasdaq: OFS)
If we take a look at Suro Capital in relation to OFS Capital, then we can see they have the leg up in terms of earnings on a per-share basis and in relation to stock price. As for General American Investors Company, a nearly USD 900 million enterprise, Suro Capital holds a yield of about 10% compared to less than 3% for General American Investors Company. Overall, it seems as though this is a viable option to acquire returns at a discount.