BLACKROCK CAPITAL INVESTMENT (BKCC)
US0925331086 - Common Stock
We assign a fundamental rating of 3 out of 10 to BKCC. BKCC was compared to 219 industry peers in the Capital Markets industry. Both the profitability and financial health of BKCC have multiple concerns. BKCC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BKCC had positive earnings in the past year.
In the past year BKCC has reported a negative cash flow from operations.
In multiple years BKCC reported negative net income over the last 5 years.
BKCC had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.18%, BKCC is in line with its industry, outperforming 54.85% of the companies in the same industry.
The Return On Equity of BKCC (8.31%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 4.74%, BKCC perfoms like the industry average, outperforming 57.77% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BKCC is below the industry average of 6.63%.
The last Return On Invested Capital (4.74%) for BKCC is above the 3 year average (3.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.31% | ||
| ROIC | 4.74% |
ROA(3y)5.47%
ROA(5y)-0.96%
ROE(3y)9.47%
ROE(5y)-1.23%
ROIC(3y)3.89%
ROIC(5y)4.31%
1.3 Margins
The Profit Margin of BKCC (32.66%) is better than 69.42% of its industry peers.
Looking at the Operating Margin, with a value of 45.51%, BKCC is in the better half of the industry, outperforming 75.73% of the companies in the same industry.
In the last couple of years the Operating Margin of BKCC has declined.
BKCC has a Gross Margin of 52.17%. This is comparable to the rest of the industry: BKCC outperforms 52.43% of its industry peers.
In the last couple of years the Gross Margin of BKCC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.51% | ||
| PM (TTM) | 32.66% | ||
| GM | 52.17% |
OM growth 3Y-3.71%
OM growth 5Y-4.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y-4.18%
2. Health
2.1 Basic Checks
BKCC has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BKCC has less shares outstanding
BKCC has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.19, we must say that BKCC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BKCC (-0.19) is worse than 86.89% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that BKCC is somewhat dependend on debt financing.
The Debt to Equity ratio of BKCC (0.93) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.19 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.11 indicates that BKCC should not have too much problems paying its short term obligations.
The Current ratio of BKCC (1.11) is comparable to the rest of the industry.
BKCC has a Quick Ratio of 1.11. This is a normal value and indicates that BKCC is financially healthy and should not expect problems in meeting its short term obligations.
BKCC has a Quick ratio of 1.11. This is comparable to the rest of the industry: BKCC outperforms 47.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
BKCC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.05%, which is quite good.
BKCC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.24% yearly.
The Revenue has grown by 38.68% in the past year. This is a very strong growth!
Measured over the past years, BKCC shows a decrease in Revenue. The Revenue has been decreasing by -0.86% on average per year.
EPS 1Y (TTM)19.05%
EPS 3Y1.81%
EPS 5Y-4.24%
EPS Q2Q%18.18%
Revenue 1Y (TTM)38.68%
Revenue growth 3Y6.19%
Revenue growth 5Y-0.86%
Sales Q2Q%16.32%
3.2 Future
Based on estimates for the next years, BKCC will show a decrease in Earnings Per Share. The EPS will decrease by -4.72% on average per year.
Based on estimates for the next years, BKCC will show a decrease in Revenue. The Revenue will decrease by -2.20% on average per year.
EPS Next Y-6.16%
EPS Next 2Y-4.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.68%
Revenue Next 2Y-2.2%
Revenue Next 3YN/A
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 stable.
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
A Price/Earnings ratio of 7.36 indicates a rather cheap valuation of BKCC.
Based on the Price/Earnings ratio, BKCC is valued cheaper than 80.58% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.09, BKCC is valued rather cheaply.
The Price/Forward Earnings ratio is 7.84, which indicates a rather cheap valuation of BKCC.
BKCC's Price/Forward Earnings ratio is rather cheap when compared to the industry. BKCC is cheaper than 80.58% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.45. BKCC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 7.84 |
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 BKCC's earnings are expected to decrease with -4.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.87%, BKCC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 9.54, BKCC pays a bit more dividend than its industry peers.
BKCC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.87% |
5.2 History
The dividend of BKCC decreases each year by -10.01%.
BKCC has paid a dividend for at least 10 years, which is a reliable track record.
BKCC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-10.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
BKCC pays out 110.63% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of BKCC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP110.63%
EPS Next 2Y-4.72%
EPS Next 3YN/A
BLACKROCK CAPITAL INVESTMENT
NASDAQ:BKCC (3/18/2024, 8:00:01 PM)
After market: 3.7 +0.02 (+0.54%)3.68
+0.01 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners2.2%
Inst Owner Change-8.39%
Ins Owners8.96%
Ins Owner Change0%
Market Cap267.06M
Analysts42.86
Price Target3.83 (4.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.87% |
Dividend Growth(5Y)-10.01%
DP110.63%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.21%
Min EPS beat(2)6.21%
Max EPS beat(2)6.21%
EPS beat(4)4
Avg EPS beat(4)6.58%
Min EPS beat(4)6.21%
Max EPS beat(4)6.95%
EPS beat(8)7
Avg EPS beat(8)13.08%
EPS beat(12)8
Avg EPS beat(12)6.92%
EPS beat(16)9
Avg EPS beat(16)5.54%
Revenue beat(2)1
Avg Revenue beat(2)2.51%
Min Revenue beat(2)-0.74%
Max Revenue beat(2)5.77%
Revenue beat(4)3
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-0.74%
Max Revenue beat(4)5.77%
Revenue beat(8)5
Avg Revenue beat(8)1.67%
Revenue beat(12)6
Avg Revenue beat(12)-1.55%
Revenue beat(16)7
Avg Revenue beat(16)-2.47%
PT rev (1m)0%
PT rev (3m)-6.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-1.08%
EPS NY rev (3m)-1.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.88%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 7.84 | ||
| P/S | 3.32 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.5
EY13.59%
EPS(NY)0.47
Fwd EY12.75%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS1.11
BVpS4.35
TBVpS4.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.31% | ||
| ROCE | 6% | ||
| ROIC | 4.74% | ||
| ROICexc | 4.81% | ||
| ROICexgc | 4.84% | ||
| OM | 45.51% | ||
| PM (TTM) | 32.66% | ||
| GM | 52.17% | ||
| FCFM | N/A |
ROA(3y)5.47%
ROA(5y)-0.96%
ROE(3y)9.47%
ROE(5y)-1.23%
ROIC(3y)3.89%
ROIC(5y)4.31%
ROICexc(3y)3.96%
ROICexc(5y)4.42%
ROICexgc(3y)3.97%
ROICexgc(5y)4.43%
ROCE(3y)4.92%
ROCE(5y)5.46%
ROICexcg growth 3Y-5.49%
ROICexcg growth 5Y-3.14%
ROICexc growth 3Y-5.65%
ROICexc growth 5Y-3.24%
OM growth 3Y-3.71%
OM growth 5Y-4.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y-4.18%
F-Score4
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.86 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | -0.19 |
F-Score4
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y1.81%
EPS 5Y-4.24%
EPS Q2Q%18.18%
EPS Next Y-6.16%
EPS Next 2Y-4.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)38.68%
Revenue growth 3Y6.19%
Revenue growth 5Y-0.86%
Sales Q2Q%16.32%
Revenue Next Year-1.68%
Revenue Next 2Y-2.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y24.5%
EBIT growth 3Y2.25%
EBIT growth 5Y-5.06%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y68.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y68.28%
OCF growth 3YN/A
OCF growth 5YN/A