BARINGS BDC INC (BBDC) Stock Fundamental Analysis
USA - NYSE:BBDC - US06759L1035 - Common Stock
8.94 USD
-0.01 (-0.11%)
8.95 USD
+0.01 (+0.11%)
Taking everything into account, BBDC scores 4 out of 10 in our fundamental rating. BBDC was compared to 237 industry peers in the Capital Markets industry. BBDC has a medium profitability rating, but doesn't score so well on its financial health evaluation. BBDC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
BBDC had positive earnings in the past year.
In the past year BBDC has reported a negative cash flow from operations.
BBDC had positive earnings in each of the past 5 years.
In multiple years BBDC reported negative operating cash flow during the last 5 years.
1.2 Ratios
BBDC's Return On Assets of 3.58% is in line compared to the rest of the industry. BBDC outperforms 57.81% of its industry peers.
BBDC has a Return On Equity of 8.50%. This is comparable to the rest of the industry: BBDC outperforms 48.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.45%, BBDC is in line with its industry, outperforming 48.95% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BBDC is below the industry average of 7.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.5% | ||
| ROIC | 3.45% |
ROA(3y)3.02%
ROA(5y)2.63%
ROE(3y)6.79%
ROE(5y)6.39%
ROIC(3y)3.78%
ROIC(5y)3%
1.3 Margins
BBDC has a better Profit Margin (35.67%) than 78.90% of its industry peers.
BBDC's Profit Margin has declined in the last couple of years.
BBDC has a Operating Margin of 42.81%. This is in the better half of the industry: BBDC outperforms 78.48% of its industry peers.
In the last couple of years the Operating Margin of BBDC has grown nicely.
BBDC has a Gross Margin (45.95%) which is comparable to the rest of the industry.
BBDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.81% | ||
| PM (TTM) | 35.67% | ||
| GM | 45.95% |
OM growth 3Y2.57%
OM growth 5Y3.06%
PM growth 3Y-12.45%
PM growth 5Y-12.92%
GM growth 3Y0.11%
GM growth 5Y0.41%
2. Health
2.1 Basic Checks
BBDC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BBDC has been increased compared to 5 years ago.
The debt/assets ratio for BBDC has remained at the same level compared to a year ago.
2.2 Solvency
BBDC has an Altman-Z score of 0.28. This is a bad value and indicates that BBDC is not financially healthy and even has some risk of bankruptcy.
BBDC has a worse Altman-Z score (0.28) than 70.89% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that BBDC has dependencies on debt financing.
The Debt to Equity ratio of BBDC (1.33) is worse than 65.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.28 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BBDC has a Current Ratio of 2.48. This indicates that BBDC is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.48, BBDC is doing good in the industry, outperforming 77.22% of the companies in the same industry.
BBDC has a Quick Ratio of 2.48. This indicates that BBDC is financially healthy and has no problem in meeting its short term obligations.
BBDC's Quick ratio of 2.48 is fine compared to the rest of the industry. BBDC outperforms 77.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.48 | ||
| Quick Ratio | 2.48 |
3. Growth
3.1 Past
BBDC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.02%.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
The Revenue has decreased by -1.05% in the past year.
Measured over the past years, BBDC shows a very strong growth in Revenue. The Revenue has been growing by 30.50% on average per year.
EPS 1Y (TTM)-11.02%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%10.34%
Revenue 1Y (TTM)-1.05%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%2.19%
3.2 Future
Based on estimates for the next years, BBDC will show a decrease in Earnings Per Share. The EPS will decrease by -9.20% on average per year.
Based on estimates for the next years, BBDC will show a decrease in Revenue. The Revenue will decrease by -4.98% on average per year.
EPS Next Y-11.98%
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
EPS Next 5YN/A
Revenue Next Year-3.23%
Revenue Next 2Y-4.2%
Revenue Next 3Y-4.98%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BBDC is valuated cheaply with a Price/Earnings ratio of 7.91.
81.43% of the companies in the same industry are more expensive than BBDC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BBDC to the average of the S&P500 Index (25.91), we can say BBDC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.85, the valuation of BBDC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BBDC indicates a somewhat cheap valuation: BBDC is cheaper than 79.32% of the companies listed in the same industry.
BBDC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.85 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as BBDC's earnings are expected to decrease with -9.20% in the coming years.
PEG (NY)N/A
PEG (5Y)0.53
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.66%, BBDC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.40, BBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, BBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.66% |
5.2 History
On average, the dividend of BBDC grows each year by 14.18%, which is quite nice.
BBDC has paid a dividend for at least 10 years, which is a reliable track record.
As BBDC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)14.18%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
120.27% of the earnings are spent on dividend by BBDC. This is not a sustainable payout ratio.
BBDC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP120.27%
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
8.94
-0.01 (-0.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.99%
Inst Owner Change-49.81%
Ins Owners0.63%
Ins Owner Change0.37%
Market Cap940.13M
Revenue(TTM)286.17M
Net Income(TTM)99.98M
Analysts83.64
Price Target10.35 (15.77%)
Short Float %0.71%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.66% |
Yearly Dividend1.04
Dividend Growth(5Y)14.18%
DP120.27%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.4%
Min EPS beat(2)-11.2%
Max EPS beat(2)6.4%
EPS beat(4)1
Avg EPS beat(4)-3.27%
Min EPS beat(4)-11.2%
Max EPS beat(4)6.4%
EPS beat(8)3
Avg EPS beat(8)0.36%
EPS beat(12)6
Avg EPS beat(12)1.32%
EPS beat(16)7
Avg EPS beat(16)1.75%
Revenue beat(2)1
Avg Revenue beat(2)1.7%
Min Revenue beat(2)-6.79%
Max Revenue beat(2)10.2%
Revenue beat(4)1
Avg Revenue beat(4)0.5%
Min Revenue beat(4)-6.79%
Max Revenue beat(4)10.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.32%
Revenue beat(12)3
Avg Revenue beat(12)-1.3%
Revenue beat(16)7
Avg Revenue beat(16)0.4%
PT rev (1m)0%
PT rev (3m)1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.2%
EPS NY rev (1m)0%
EPS NY rev (3m)4.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.85 | ||
| P/S | 3.35 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.13
EY12.64%
EPS(NY)1.01
Fwd EY11.3%
FCF(TTM)-0.78
FCFYN/A
OCF(TTM)-0.78
OCFYN/A
SpS2.67
BVpS11.18
TBVpS11.18
PEG (NY)N/A
PEG (5Y)0.53
Graham Number16.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.5% | ||
| ROCE | 4.36% | ||
| ROIC | 3.45% | ||
| ROICexc | 3.51% | ||
| ROICexgc | 3.58% | ||
| OM | 42.81% | ||
| PM (TTM) | 35.67% | ||
| GM | 45.95% | ||
| FCFM | N/A |
ROA(3y)3.02%
ROA(5y)2.63%
ROE(3y)6.79%
ROE(5y)6.39%
ROIC(3y)3.78%
ROIC(5y)3%
ROICexc(3y)3.91%
ROICexc(5y)3.1%
ROICexgc(3y)4.04%
ROICexgc(5y)3.2%
ROCE(3y)4.79%
ROCE(5y)3.8%
ROICexgc growth 3Y23.04%
ROICexgc growth 5Y16.75%
ROICexc growth 3Y22.6%
ROICexc growth 5Y15.94%
OM growth 3Y2.57%
OM growth 5Y3.06%
PM growth 3Y-12.45%
PM growth 5Y-12.92%
GM growth 3Y0.11%
GM growth 5Y0.41%
F-Score2
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.48 | ||
| Quick Ratio | 2.48 | ||
| Altman-Z | 0.28 |
F-Score2
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)669.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.02%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%10.34%
EPS Next Y-11.98%
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.05%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%2.19%
Revenue Next Year-3.23%
Revenue Next 2Y-4.2%
Revenue Next 3Y-4.98%
Revenue Next 5YN/A
EBIT growth 1Y-14.49%
EBIT growth 3Y31.66%
EBIT growth 5Y34.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-213.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-213.51%
OCF growth 3YN/A
OCF growth 5YN/A
BARINGS BDC INC / BBDC FAQ
What is the fundamental rating for BBDC stock?
ChartMill assigns a fundamental rating of 4 / 10 to BBDC.
What is the valuation status for BBDC stock?
ChartMill assigns a valuation rating of 4 / 10 to BARINGS BDC INC (BBDC). This can be considered as Fairly Valued.
How profitable is BARINGS BDC INC (BBDC) stock?
BARINGS BDC INC (BBDC) has a profitability rating of 4 / 10.
What is the valuation of BARINGS BDC INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BARINGS BDC INC (BBDC) is 7.91 and the Price/Book (PB) ratio is 0.8.
Is the dividend of BARINGS BDC INC sustainable?
The dividend rating of BARINGS BDC INC (BBDC) is 6 / 10 and the dividend payout ratio is 120.27%.