BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BXSL - US09261X1028 - Common Stock
27.24 USD
+0.16 (+0.59%)
27.2599 USD
+0.02 (+0.07%)
BXSL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. While BXSL is still in line with the averages on profitability rating, there are concerns on its financial health. BXSL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BXSL was profitable.
In the past year BXSL has reported a negative cash flow from operations.
Each year in the past 5 years BXSL has been profitable.
The reported operating cash flow has been mixed in the past 5 years: BXSL reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BXSL (4.21%) is better than 65.97% of its industry peers.
BXSL has a Return On Equity of 9.57%. This is comparable to the rest of the industry: BXSL outperforms 58.82% of its industry peers.
With a decent Return On Invested Capital value of 4.27%, BXSL is doing good in the industry, outperforming 62.60% of the companies in the same industry.
BXSL had an Average Return On Invested Capital over the past 3 years of 4.56%. This is below the industry average of 7.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.21% | ||
| ROE | 9.57% | ||
| ROIC | 4.27% |
ROA(3y)5.09%
ROA(5y)4.69%
ROE(3y)11.17%
ROE(5y)10.11%
ROIC(3y)4.56%
ROIC(5y)3.95%
1.3 Margins
BXSL has a Profit Margin of 42.42%. This is amongst the best in the industry. BXSL outperforms 87.39% of its industry peers.
BXSL's Profit Margin has declined in the last couple of years.
The Operating Margin of BXSL (53.26%) is better than 92.44% of its industry peers.
BXSL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.14%, BXSL is in the better half of the industry, outperforming 62.60% of the companies in the same industry.
BXSL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.26% | ||
| PM (TTM) | 42.42% | ||
| GM | 54.14% |
OM growth 3Y-1.35%
OM growth 5Y1.63%
PM growth 3Y-10.8%
PM growth 5Y-6.13%
GM growth 3Y-3.2%
GM growth 5Y-0.94%
2. Health
2.1 Basic Checks
Compared to 1 year ago, BXSL has more shares outstanding
BXSL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BXSL has a worse debt to assets ratio.
2.2 Solvency
BXSL has an Altman-Z score of 0.77. This is a bad value and indicates that BXSL is not financially healthy and even has some risk of bankruptcy.
BXSL has a Altman-Z score (0.77) which is comparable to the rest of the industry.
BXSL has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
BXSL has a Debt to Equity ratio of 1.22. This is in the lower half of the industry: BXSL underperforms 61.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.77 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.84 indicates that BXSL may have some problems paying its short term obligations.
BXSL's Current ratio of 0.84 is on the low side compared to the rest of the industry. BXSL is outperformed by 63.45% of its industry peers.
A Quick Ratio of 0.84 indicates that BXSL may have some problems paying its short term obligations.
With a Quick ratio value of 0.84, BXSL is not doing good in the industry: 63.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for BXSL have decreased strongly by -10.11% in the last year.
The Earnings Per Share has been growing by 40.04% on average over the past years. This is a very strong growth
BXSL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.58%.
Measured over the past years, BXSL shows a very strong growth in Revenue. The Revenue has been growing by 55.07% on average per year.
EPS 1Y (TTM)-10.11%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-9.89%
Revenue 1Y (TTM)10.58%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-12.17%
3.2 Future
The Earnings Per Share is expected to decrease by -7.64% on average over the next years.
Based on estimates for the next years, BXSL will show a decrease in Revenue. The Revenue will decrease by -2.31% on average per year.
EPS Next Y-6.64%
EPS Next 2Y-7.3%
EPS Next 3Y-7.64%
EPS Next 5YN/A
Revenue Next Year7.66%
Revenue Next 2Y3.9%
Revenue Next 3Y-2.31%
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
With a Price/Earnings ratio of 8.36, the valuation of BXSL can be described as very reasonable.
78.57% of the companies in the same industry are more expensive than BXSL, based on the Price/Earnings ratio.
BXSL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
With a Price/Forward Earnings ratio of 9.03, the valuation of BXSL can be described as very reasonable.
BXSL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BXSL is cheaper than 78.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. BXSL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 9.03 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of BXSL may justify a higher PE ratio.
A cheap valuation may be justified as BXSL's earnings are expected to decrease with -7.64% in the coming years.
PEG (NY)N/A
PEG (5Y)0.21
EPS Next 2Y-7.3%
EPS Next 3Y-7.64%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 11.37%, which is a nice return.
BXSL's Dividend Yield is a higher than the industry average which is at 6.65.
Compared to an average S&P500 Dividend Yield of 2.00, BXSL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.37% |
5.2 History
BXSL has been paying a dividend for over 5 years, so it has already some track record.
BXSL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
110.54% of the earnings are spent on dividend by BXSL. This is not a sustainable payout ratio.
DP110.54%
EPS Next 2Y-7.3%
EPS Next 3Y-7.64%
27.24
+0.16 (+0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners41.4%
Inst Owner Change1.74%
Ins Owners3.25%
Ins Owner Change2.37%
Market Cap6.30B
Revenue(TTM)1.41B
Net Income(TTM)599.78M
Analysts81.11
Price Target30.37 (11.49%)
Short Float %1.36%
Short Ratio1.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.37% |
Yearly Dividend2.86
Dividend Growth(5Y)N/A
DP110.54%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.03%
Min EPS beat(2)-4.58%
Max EPS beat(2)2.52%
EPS beat(4)1
Avg EPS beat(4)-1.43%
Min EPS beat(4)-4.58%
Max EPS beat(4)2.52%
EPS beat(8)2
Avg EPS beat(8)-1.92%
EPS beat(12)4
Avg EPS beat(12)-1.26%
EPS beat(16)7
Avg EPS beat(16)1.48%
Revenue beat(2)0
Avg Revenue beat(2)-13.39%
Min Revenue beat(2)-17.46%
Max Revenue beat(2)-9.32%
Revenue beat(4)0
Avg Revenue beat(4)-8.45%
Min Revenue beat(4)-17.46%
Max Revenue beat(4)-1.83%
Revenue beat(8)2
Avg Revenue beat(8)-3.97%
Revenue beat(12)3
Avg Revenue beat(12)-2.3%
Revenue beat(16)6
Avg Revenue beat(16)-0.8%
PT rev (1m)-1.36%
PT rev (3m)-6.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.17%
EPS NY rev (1m)1.54%
EPS NY rev (3m)1.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)3.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 9.03 | ||
| P/S | 4.46 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.26
EY11.97%
EPS(NY)3.02
Fwd EY11.08%
FCF(TTM)-4.9
FCFYN/A
OCF(TTM)-4.9
OCFYN/A
SpS6.11
BVpS27.12
TBVpS27.12
PEG (NY)N/A
PEG (5Y)0.21
Graham Number44.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.21% | ||
| ROE | 9.57% | ||
| ROCE | 5.41% | ||
| ROIC | 4.27% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.36% | ||
| OM | 53.26% | ||
| PM (TTM) | 42.42% | ||
| GM | 54.14% | ||
| FCFM | N/A |
ROA(3y)5.09%
ROA(5y)4.69%
ROE(3y)11.17%
ROE(5y)10.11%
ROIC(3y)4.56%
ROIC(5y)3.95%
ROICexc(3y)4.63%
ROICexc(5y)4.03%
ROICexgc(3y)4.63%
ROICexgc(5y)4.03%
ROCE(3y)5.77%
ROCE(5y)5.01%
ROICexgc growth 3Y15.89%
ROICexgc growth 5Y18.19%
ROICexc growth 3Y15.87%
ROICexc growth 5Y18.19%
OM growth 3Y-1.35%
OM growth 5Y1.63%
PM growth 3Y-10.8%
PM growth 5Y-6.13%
GM growth 3Y-3.2%
GM growth 5Y-0.94%
F-Score1
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.23 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.77 |
F-Score1
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)-10.11%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-9.89%
EPS Next Y-6.64%
EPS Next 2Y-7.3%
EPS Next 3Y-7.64%
EPS Next 5YN/A
Revenue 1Y (TTM)10.58%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-12.17%
Revenue Next Year7.66%
Revenue Next 2Y3.9%
Revenue Next 3Y-2.31%
Revenue Next 5YN/A
EBIT growth 1Y5.72%
EBIT growth 3Y26.81%
EBIT growth 5Y57.59%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-250.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-250.13%
OCF growth 3YN/A
OCF growth 5YN/A
BLACKSTONE SECURED LENDING F / BXSL FAQ
Can you provide the ChartMill fundamental rating for BLACKSTONE SECURED LENDING F?
ChartMill assigns a fundamental rating of 4 / 10 to BXSL.
Can you provide the valuation status for BLACKSTONE SECURED LENDING F?
ChartMill assigns a valuation rating of 4 / 10 to BLACKSTONE SECURED LENDING F (BXSL). This can be considered as Fairly Valued.
What is the profitability of BXSL stock?
BLACKSTONE SECURED LENDING F (BXSL) has a profitability rating of 6 / 10.
What is the financial health of BLACKSTONE SECURED LENDING F (BXSL) stock?
The financial health rating of BLACKSTONE SECURED LENDING F (BXSL) is 0 / 10.
What is the expected EPS growth for BLACKSTONE SECURED LENDING F (BXSL) stock?
The Earnings per Share (EPS) of BLACKSTONE SECURED LENDING F (BXSL) is expected to decline by -6.64% in the next year.