BLACKSTONE SECURED LENDING F (BXSL)
US09261X1028 - Common Stock
Taking everything into account, BXSL scores 4 out of 10 in our fundamental rating. BXSL was compared to 218 industry peers in the Capital Markets industry. There are concerns on the financial health of BXSL while its profitability can be described as average. BXSL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BXSL was profitable.
BXSL had a negative operating cash flow in the past year.
BXSL had positive earnings in each of the past 5 years.
In multiple years BXSL reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.57%, BXSL is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
BXSL has a better Return On Equity (12.08%) than 66.05% of its industry peers.
BXSL's Return On Invested Capital of 4.65% is in line compared to the rest of the industry. BXSL outperforms 58.60% of its industry peers.
BXSL had an Average Return On Invested Capital over the past 3 years of 4.05%. This is below the industry average of 6.96%.
The 3 year average ROIC (4.05%) for BXSL is below the current ROIC(4.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 12.08% | ||
| ROIC | 4.65% |
ROA(3y)4.88%
ROA(5y)4.33%
ROE(3y)10.81%
ROE(5y)9.1%
ROIC(3y)4.05%
ROIC(5y)3.46%
1.3 Margins
With an excellent Profit Margin value of 53.88%, BXSL belongs to the best of the industry, outperforming 90.70% of the companies in the same industry.
BXSL's Profit Margin has declined in the last couple of years.
BXSL's Operating Margin of 55.71% is amongst the best of the industry. BXSL outperforms 91.16% of its industry peers.
In the last couple of years the Operating Margin of BXSL has grown nicely.
Looking at the Gross Margin, with a value of 56.59%, BXSL is in line with its industry, outperforming 58.60% of the companies in the same industry.
In the last couple of years the Gross Margin of BXSL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.71% | ||
| PM (TTM) | 53.88% | ||
| GM | 56.59% |
OM growth 3Y-1.64%
OM growth 5Y7.62%
PM growth 3Y-1.57%
PM growth 5YN/A
GM growth 3Y-2.05%
GM growth 5Y8.08%
2. Health
2.1 Basic Checks
The number of shares outstanding for BXSL has been increased compared to 1 year ago.
BXSL has more shares outstanding than it did 5 years ago.
BXSL has a better debt/assets ratio than last year.
2.2 Solvency
BXSL has an Altman-Z score of 0.94. 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 (0.94) which is comparable to the rest of the industry.
BXSL has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
BXSL has a Debt to Equity ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BXSL has a Current Ratio of 0.89. This is a bad value and indicates that BXSL is not financially healthy enough and could expect problems in meeting its short term obligations.
BXSL's Current ratio of 0.89 is in line compared to the rest of the industry. BXSL outperforms 40.93% of its industry peers.
BXSL has a Quick Ratio of 0.89. This is a bad value and indicates that BXSL is not financially healthy enough and could expect problems in meeting its short term obligations.
BXSL has a Quick ratio (0.89) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
BXSL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.44%.
The Earnings Per Share has been growing by 40.37% on average over the past years. This is a very strong growth
The Revenue has grown by 17.27% in the past year. This is quite good.
BXSL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 224.05% yearly.
EPS 1Y (TTM)-5.44%
EPS 3Y40.37%
EPS 5YN/A
EPS Q2Q%-4.21%
Revenue 1Y (TTM)17.27%
Revenue growth 3Y43.18%
Revenue growth 5Y224.05%
Sales Q2Q%20.77%
3.2 Future
BXSL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.36% yearly.
The Revenue is expected to grow by 0.97% on average over the next years.
EPS Next Y-7.21%
EPS Next 2Y-7.79%
EPS Next 3Y-7.36%
EPS Next 5YN/A
Revenue Next Year15.96%
Revenue Next 2Y8.45%
Revenue Next 3Y0.97%
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
Based on the Price/Earnings ratio of 8.63, the valuation of BXSL can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of BXSL indicates a somewhat cheap valuation: BXSL is cheaper than 76.28% of the companies listed in the same industry.
BXSL is valuated cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.44, the valuation of BXSL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BXSL indicates a somewhat cheap valuation: BXSL is cheaper than 71.16% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BXSL to the average of the S&P500 Index (23.82), we can say BXSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.63 | ||
| Fwd PE | 9.44 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BXSL has a very decent profitability rating, which may justify a higher PE ratio.
BXSL's earnings are expected to decrease with -7.36% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.79%
EPS Next 3Y-7.36%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 9.79%, which is a nice return.
Compared to an average industry Dividend Yield of 9.01, BXSL pays a bit more dividend than its industry peers.
BXSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.79% |
5.2 History
BXSL has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
80.65% of the earnings are spent on dividend by BXSL. This is not a sustainable payout ratio.
DP80.65%
EPS Next 2Y-7.79%
EPS Next 3Y-7.36%
BLACKSTONE SECURED LENDING F
NYSE:BXSL (11/21/2024, 8:16:41 PM)
After market: 31.5 +0.19 (+0.61%)31.31
-0.08 (-0.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.78B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.79% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.63 | ||
| Fwd PE | 9.44 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 12.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 55.71% | ||
| PM (TTM) | 53.88% | ||
| GM | 56.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-5.44%
EPS 3Y40.37%
EPS 5Y
EPS Q2Q%
EPS Next Y-7.21%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)17.27%
Revenue growth 3Y43.18%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y