CSWC
Capital Southwest Corporation Financial Services - Asset Management Investor Relations →
Capital Southwest Corporation (CSWC) closed at $23.19 as of 2026-02-02, trading 31.2% above its 200-week moving average of $17.67. The stock is currently moving closer to the line, down from 33.0% last week. With a 14-week RSI of 78, CSWC is in overbought territory.
Over the past 2346 weeks of data, CSWC has crossed below its 200-week moving average 16 times. On average, these episodes lasted 27 weeks. Historically, investors who bought CSWC at the start of these episodes saw an average one-year return of +25.1%.
With a market cap of $1395 million, CSWC is a small-cap stock. The company generates a free cash flow yield of 6.2%, which is healthy. Return on equity stands at 11.3%. The stock trades at 1.4x book value.
Share count has increased 112.0% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.2 years, a hypothetical investment of $100 in CSWC would have grown to $3083, compared to $2849 for the S&P 500. That represents an annualized return of 10.9% vs 10.6% for the index — confirming CSWC as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: CSWC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CSWC Crosses Below the Line?
Across 14 historical episodes, buying CSWC when it crossed below its 200-week moving average produced an average return of +29.6% after 12 months (median -6.0%), compared to +13.5% for the S&P 500 over the same periods. 43% of those episodes were profitable after one year. After 24 months, the average return was +42.9% vs +20.6% for the index.
Each line shows $100 invested at the moment CSWC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CSWC has crossed below its 200-week MA 16 times with an average 1-year return of +25.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1982 | Feb 1983 | 30 | 17.6% | +37.0% | +22362.4% |
| Sep 1990 | Dec 1990 | 12 | 6.8% | +24.7% | +6366.8% |
| Mar 1999 | Mar 1999 | 1 | 1.2% | -26.2% | +1363.0% |
| Sep 1999 | Mar 2002 | 129 | 33.6% | -15.1% | +1320.7% |
| Jul 2002 | Jul 2002 | 1 | 1.6% | -14.8% | +1433.6% |
| Aug 2002 | May 2003 | 37 | 27.0% | -5.2% | +1475.0% |
| May 2003 | Oct 2003 | 23 | 9.3% | +42.6% | +1704.3% |
| Mar 2008 | Mar 2008 | 1 | 2.9% | -39.9% | +848.1% |
| Jun 2008 | Jul 2008 | 1 | 1.2% | -28.6% | +800.3% |
| Oct 2008 | Dec 2010 | 111 | 46.4% | -20.6% | +845.0% |
| Jan 2011 | Jul 2011 | 25 | 8.4% | -15.6% | +803.8% |
| Jul 2011 | Jan 2012 | 27 | 20.4% | +36.3% | +858.3% |
| May 2012 | May 2012 | 1 | 1.2% | +92.7% | +918.8% |
| Mar 2020 | Aug 2020 | 21 | 37.5% | +99.6% | +268.2% |
| Aug 2020 | Sep 2020 | 3 | 2.7% | +116.5% | +204.9% |
| Oct 2020 | Nov 2020 | 3 | 5.6% | +117.6% | +202.6% |
| Average | 27 | — | +25.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02