BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - NYSE:BXSL - US09261X1028 - Common Stock
27.54 USD
-0.22 (-0.79%)
27.56 USD
+0.02 (+0.07%)
Taking everything into account, BXSL scores 4 out of 10 in our fundamental rating. BXSL was compared to 237 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BXSL was profitable.
BXSL had a negative operating cash flow in the past year.
In the past 5 years BXSL has always 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
BXSL has a Return On Assets of 4.51%. This is in the better half of the industry: BXSL outperforms 66.24% of its industry peers.
BXSL has a Return On Equity (9.84%) which is comparable to the rest of the industry.
BXSL has a Return On Invested Capital (4.42%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for BXSL is below the industry average of 7.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.51% | ||
| ROE | 9.84% | ||
| ROIC | 4.42% |
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 44.26%. This is amongst the best in the industry. BXSL outperforms 87.34% of its industry peers.
BXSL's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 53.56%, BXSL belongs to the best of the industry, outperforming 89.03% of the companies in the same industry.
In the last couple of years the Operating Margin of BXSL has grown nicely.
BXSL has a Gross Margin of 54.38%. This is in the better half of the industry: BXSL outperforms 64.14% of its industry peers.
BXSL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.56% | ||
| PM (TTM) | 44.26% | ||
| GM | 54.38% |
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
The number of shares outstanding for BXSL has been increased compared to 1 year ago.
Compared to 5 years ago, BXSL has more shares outstanding
Compared to 1 year ago, BXSL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that BXSL is in the distress zone and has some risk of bankruptcy.
BXSL's Altman-Z score of 0.83 is in line compared to the rest of the industry. BXSL outperforms 48.10% of its industry peers.
A Debt/Equity ratio of 1.13 is on the high side and indicates that BXSL has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.13, BXSL is in line with its industry, outperforming 42.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.83 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BXSL has a Current Ratio of 0.94. 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 worse Current ratio (0.94) than 60.34% of its industry peers.
BXSL has a Quick Ratio of 0.94. 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 Quick ratio of 0.94 is in line compared to the rest of the industry. BXSL outperforms 43.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The earnings per share for BXSL have decreased by -8.64% in the last year.
Measured over the past years, BXSL shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.04% on average per year.
The Revenue has grown by 14.69% in the past year. This is quite good.
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)-8.64%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-13.58%
Revenue 1Y (TTM)14.69%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-0.83%
3.2 Future
BXSL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.51% yearly.
The Revenue is expected to decrease by -1.33% on average over the next years.
EPS Next Y-7.78%
EPS Next 2Y-6.97%
EPS Next 3Y-7.51%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y3.37%
Revenue Next 3Y-1.33%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 8.22 indicates a reasonable valuation of BXSL.
Based on the Price/Earnings ratio, BXSL is valued cheaper than 82.28% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. BXSL is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 9.06, the valuation of BXSL can be described as very reasonable.
Based on the Price/Forward Earnings ratio, BXSL is valued a bit cheaper than 79.32% of the companies in the same industry.
BXSL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 9.06 |
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 BXSL's earnings are expected to decrease with -7.51% in the coming years.
PEG (NY)N/A
PEG (5Y)0.21
EPS Next 2Y-6.97%
EPS Next 3Y-7.51%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 10.70%, which is a nice return.
BXSL's Dividend Yield is a higher than the industry average which is at 7.96.
BXSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.7% |
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
BXSL pays out 103.25% of its income as dividend. This is not a sustainable payout ratio.
DP103.25%
EPS Next 2Y-6.97%
EPS Next 3Y-7.51%
27.54
-0.22 (-0.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.4%
Inst Owner Change4.72%
Ins Owners3.27%
Ins Owner Change0.68%
Market Cap6.34B
Analysts81.25
Price Target32.36 (17.5%)
Short Float %1.78%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.7% |
Yearly Dividend2.86
Dividend Growth(5Y)N/A
DP103.25%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.43%
Min EPS beat(2)-4.58%
Max EPS beat(2)-0.29%
EPS beat(4)0
Avg EPS beat(4)-2.12%
Min EPS beat(4)-4.58%
Max EPS beat(4)-0.26%
EPS beat(8)1
Avg EPS beat(8)-2.85%
EPS beat(12)4
Avg EPS beat(12)-0.28%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.57%
Min Revenue beat(2)-9.32%
Max Revenue beat(2)-1.83%
Revenue beat(4)0
Avg Revenue beat(4)-4.24%
Min Revenue beat(4)-9.32%
Max Revenue beat(4)-0.65%
Revenue beat(8)2
Avg Revenue beat(8)-1.81%
Revenue beat(12)4
Avg Revenue beat(12)-0.4%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.09%
PT rev (3m)-1.09%
EPS NQ rev (1m)-0.1%
EPS NQ rev (3m)-0.94%
EPS NY rev (1m)-0.76%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)-0.12%
Revenue NY rev (1m)-3.51%
Revenue NY rev (3m)-3.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 9.06 | ||
| P/S | 4.53 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.35
EY12.16%
EPS(NY)3.04
Fwd EY11.03%
FCF(TTM)-5.29
FCFYN/A
OCF(TTM)-5.29
OCFYN/A
SpS6.07
BVpS27.31
TBVpS27.31
PEG (NY)N/A
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.51% | ||
| ROE | 9.84% | ||
| ROCE | 5.6% | ||
| ROIC | 4.42% | ||
| ROICexc | 4.52% | ||
| ROICexgc | 4.52% | ||
| OM | 53.56% | ||
| PM (TTM) | 44.26% | ||
| GM | 54.38% | ||
| 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%
ROICexcg growth 3Y15.89%
ROICexcg 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 | 1.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.28 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 0.83 |
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)-8.64%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-13.58%
EPS Next Y-7.78%
EPS Next 2Y-6.97%
EPS Next 3Y-7.51%
EPS Next 5YN/A
Revenue 1Y (TTM)14.69%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-0.83%
Revenue Next Year4.39%
Revenue Next 2Y3.37%
Revenue Next 3Y-1.33%
Revenue Next 5YN/A
EBIT growth 1Y8.85%
EBIT growth 3Y26.81%
EBIT growth 5Y57.59%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-191.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-191.38%
OCF growth 3YN/A
OCF growth 5YN/A