BARINGS BDC INC (BBDC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BBDC - US06759L1035 - Common Stock
8.78 USD
+0.05 (+0.57%)
8.78 USD
0 (0%)
Taking everything into account, BBDC scores 4 out of 10 in our fundamental rating. BBDC was compared to 238 industry peers in the Capital Markets industry. BBDC has only an average score on both its financial health and profitability. 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
In the past year BBDC was profitable.
BBDC had a negative operating cash flow in the past year.
In the past 5 years BBDC has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: BBDC reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BBDC (3.60%) is better than 60.50% of its industry peers.
The Return On Equity of BBDC (8.70%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.51%, BBDC is in line with its industry, outperforming 48.74% 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 6.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 8.7% | ||
| ROIC | 3.51% |
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
Looking at the Profit Margin, with a value of 36.01%, BBDC belongs to the top of the industry, outperforming 80.67% of the companies in the same industry.
In the last couple of years the Profit Margin of BBDC has declined.
BBDC has a Operating Margin of 43.90%. This is in the better half of the industry: BBDC outperforms 79.83% of its industry peers.
BBDC's Operating Margin has improved in the last couple of years.
The Gross Margin of BBDC (46.84%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BBDC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.9% | ||
| PM (TTM) | 36.01% | ||
| GM | 46.84% |
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.
Compared to 5 years ago, BBDC has more shares outstanding
BBDC has about the same debt/assets ratio as last year.
2.2 Solvency
BBDC has an Altman-Z score of 0.32. This is a bad value and indicates that BBDC is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.32, BBDC is not doing good in the industry: 69.75% of the companies in the same industry are doing better.
BBDC has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.39, BBDC is doing worse than 66.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BBDC has a Current Ratio of 6.49. This indicates that BBDC is financially healthy and has no problem in meeting its short term obligations.
BBDC has a better Current ratio (6.49) than 88.66% of its industry peers.
BBDC has a Quick Ratio of 6.49. This indicates that BBDC is financially healthy and has no problem in meeting its short term obligations.
BBDC has a better Quick ratio (6.49) than 88.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.49 | ||
| Quick Ratio | 6.49 |
3. Growth
3.1 Past
The earnings per share for BBDC have decreased strongly by -11.02% in the last year.
BBDC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
The Revenue has decreased by -3.27% in the past year.
The Revenue has been growing by 30.50% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-11.02%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%10.34%
Revenue 1Y (TTM)-3.27%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%2.19%
3.2 Future
The Earnings Per Share is expected to decrease by -9.20% on average over the next years.
The Revenue is expected to decrease by -4.98% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.77, the valuation of BBDC can be described as very cheap.
Based on the Price/Earnings ratio, BBDC is valued cheaply inside the industry as 83.61% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.41. BBDC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.69, the valuation of BBDC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, BBDC is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.40, BBDC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.77 | ||
| Fwd PE | 8.69 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BBDC's earnings are expected to decrease with -9.20% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
5. Dividend
5.1 Amount
BBDC has a Yearly Dividend Yield of 11.48%, which is a nice return.
Compared to an average industry Dividend Yield of 8.39, BBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, BBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.48% |
5.2 History
On average, the dividend of BBDC grows each year by 14.18%, which is quite nice.
BBDC has been paying a dividend for at least 10 years, so it has a reliable track record.
BBDC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)14.18%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
123.48% 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.
DP123.48%
EPS Next 2Y-9.76%
EPS Next 3Y-9.2%
8.78
+0.05 (+0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.99%
Inst Owner Change-49.08%
Ins Owners0.63%
Ins Owner Change0.08%
Market Cap923.30M
Revenue(TTM)281.87M
Net Income(TTM)101.51M
Analysts83.64
Price Target10.15 (15.6%)
Short Float %0.97%
Short Ratio1.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.48% |
Yearly Dividend1.04
Dividend Growth(5Y)14.18%
DP123.48%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.45%
Min EPS beat(2)6.4%
Max EPS beat(2)14.5%
EPS beat(4)2
Avg EPS beat(4)1.42%
Min EPS beat(4)-11.2%
Max EPS beat(4)14.5%
EPS beat(8)4
Avg EPS beat(8)2.64%
EPS beat(12)6
Avg EPS beat(12)2.42%
EPS beat(16)8
Avg EPS beat(16)2.78%
Revenue beat(2)2
Avg Revenue beat(2)6.3%
Min Revenue beat(2)2.4%
Max Revenue beat(2)10.2%
Revenue beat(4)2
Avg Revenue beat(4)1.42%
Min Revenue beat(4)-6.79%
Max Revenue beat(4)10.2%
Revenue beat(8)3
Avg Revenue beat(8)-0.32%
Revenue beat(12)4
Avg Revenue beat(12)-0.56%
Revenue beat(16)7
Avg Revenue beat(16)0.38%
PT rev (1m)-1.97%
PT rev (3m)-2.93%
EPS NQ rev (1m)-1.52%
EPS NQ rev (3m)-1.52%
EPS NY rev (1m)0%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)-0.98%
Revenue NQ rev (3m)0.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.77 | ||
| Fwd PE | 8.69 | ||
| P/S | 3.28 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.13
EY12.87%
EPS(NY)1.01
Fwd EY11.5%
FCF(TTM)-0.85
FCFYN/A
OCF(TTM)-0.85
OCFYN/A
SpS2.68
BVpS11.1
TBVpS11.1
PEG (NY)N/A
PEG (5Y)0.52
Graham Number16.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 8.7% | ||
| ROCE | 4.44% | ||
| ROIC | 3.51% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.69% | ||
| OM | 43.9% | ||
| PM (TTM) | 36.01% | ||
| GM | 46.84% | ||
| 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-Score3
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.64 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.49 | ||
| Quick Ratio | 6.49 | ||
| Altman-Z | 0.32 |
F-Score3
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)-3.27%
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-10.23%
EBIT growth 3Y31.66%
EBIT growth 5Y34.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-4.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.26%
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 5 / 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 5 / 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 7.77 and the Price/Book (PB) ratio is 0.79.
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 123.48%.