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 220 industry peers in the Capital Markets industry. BXSL has a medium profitability rating, but doesn't score so well on its financial health evaluation. BXSL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BXSL had positive earnings in the past year.
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
BXSL has a better Return On Assets (5.57%) than 72.81% of its industry peers.
BXSL has a better Return On Equity (12.08%) than 66.82% 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 57.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BXSL is below the industry average of 7.00%.
The last Return On Invested Capital (4.65%) for BXSL is above the 3 year average (4.05%), which is a sign of increasing profitability.
| 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
BXSL has a better Profit Margin (53.88%) than 92.17% of its industry peers.
In the last couple of years the Profit Margin of BXSL has declined.
BXSL has a better Operating Margin (55.71%) than 91.24% of its industry peers.
BXSL's Operating Margin has improved in the last couple of years.
BXSL has a Gross Margin of 56.59%. This is comparable to the rest of the industry: BXSL outperforms 59.91% of its industry peers.
BXSL's Gross Margin has improved in the last couple of years.
| 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
Compared to 1 year ago, BXSL has more shares outstanding
The number of shares outstanding for BXSL has been increased compared to 5 years ago.
The debt/assets ratio for BXSL has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.95, we must say that BXSL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BXSL (0.95) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.12 is on the high side and indicates that BXSL has dependencies on debt 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 | 0.95 |
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 has a Current ratio (0.89) which is comparable to the rest of the industry.
A Quick Ratio of 0.89 indicates that BXSL may have some problems paying its short term obligations.
BXSL's Quick ratio of 0.89 is in line compared to the rest of the industry. BXSL outperforms 41.47% of 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%.
BXSL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.37% yearly.
Looking at the last year, BXSL shows a quite strong growth in Revenue. The Revenue has grown by 17.27% in the last year.
Measured over the past years, BXSL shows a very strong growth in Revenue. The Revenue has been growing by 224.05% on average per year.
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%20.85%
3.2 Future
BXSL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.14% yearly.
BXSL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.86% yearly.
EPS Next Y-7.62%
EPS Next 2Y-7.79%
EPS Next 3Y-7.14%
EPS Next 5YN/A
Revenue Next Year12.66%
Revenue Next 2Y8.57%
Revenue Next 3Y5.86%
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.
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 8.88 indicates a reasonable valuation of BXSL.
Compared to the rest of the industry, the Price/Earnings ratio of BXSL indicates a somewhat cheap valuation: BXSL is cheaper than 73.27% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BXSL to the average of the S&P500 Index (27.73), we can say BXSL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.72, the valuation of BXSL can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BXSL indicates a somewhat cheap valuation: BXSL is cheaper than 68.66% of the companies listed in the same industry.
BXSL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 9.72 |
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 -7.14% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.79%
EPS Next 3Y-7.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.67%, BXSL is a good candidate for dividend investing.
BXSL's Dividend Yield is a higher than the industry average which is at 9.45.
Compared to an average S&P500 Dividend Yield of 2.34, BXSL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.67% |
5.2 History
BXSL has paid a dividend for less than 5 years, so there is no long track record yet.
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 80.65% of its income as dividend. This is not a sustainable payout ratio.
DP80.65%
EPS Next 2Y-7.79%
EPS Next 3Y-7.14%
BLACKSTONE SECURED LENDING F
NYSE:BXSL (12/20/2024, 8:04:01 PM)
After market: 32.35 +0.11 (+0.34%)32.24
+0.4 (+1.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners38.74%
Inst Owner Change4.64%
Ins Owners1.75%
Ins Owner Change0%
Market Cap6.99B
Analysts82.67
Price Target32.9 (2.05%)
Short Float %1.11%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.67% |
Dividend Growth(5Y)N/A
DP80.65%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.78%
Min EPS beat(2)-3.3%
Max EPS beat(2)-0.26%
EPS beat(4)1
Avg EPS beat(4)-2.4%
Min EPS beat(4)-7.43%
Max EPS beat(4)1.37%
EPS beat(8)3
Avg EPS beat(8)-1.17%
EPS beat(12)6
Avg EPS beat(12)2.45%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.27%
Min Revenue beat(2)-0.65%
Max Revenue beat(2)1.19%
Revenue beat(4)2
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-3.56%
Max Revenue beat(4)5.05%
Revenue beat(8)3
Avg Revenue beat(8)0.78%
Revenue beat(12)6
Avg Revenue beat(12)1.75%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.58%
EPS NY rev (1m)-0.44%
EPS NY rev (3m)-0.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)12.22%
Revenue NY rev (1m)-2.84%
Revenue NY rev (3m)-2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 9.72 | ||
| P/S | 5.46 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.23 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.63
EY11.26%
EPS(NY)3.32
Fwd EY10.29%
FCF(TTM)-8.08
FCFYN/A
OCF(TTM)-8.08
OCFYN/A
SpS5.9
BVpS26.31
TBVpS26.31
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 12.08% | ||
| ROCE | 5.89% | ||
| ROIC | 4.65% | ||
| ROICexc | 4.73% | ||
| ROICexgc | 4.74% | ||
| OM | 55.71% | ||
| PM (TTM) | 53.88% | ||
| GM | 56.59% | ||
| FCFM | N/A |
ROA(3y)4.88%
ROA(5y)4.33%
ROE(3y)10.81%
ROE(5y)9.1%
ROIC(3y)4.05%
ROIC(5y)3.46%
ROICexc(3y)4.1%
ROICexc(5y)3.53%
ROICexgc(3y)4.1%
ROICexgc(5y)3.53%
ROCE(3y)5.12%
ROCE(5y)4.38%
ROICexcg growth 3Y16.88%
ROICexcg growth 5Y85.65%
ROICexc growth 3Y16.89%
ROICexc growth 5Y85.65%
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%
F-Score2
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 0.95 |
F-Score2
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)-5.44%
EPS 3Y40.37%
EPS 5YN/A
EPS Q2Q%-4.21%
EPS Next Y-7.62%
EPS Next 2Y-7.79%
EPS Next 3Y-7.14%
EPS Next 5YN/A
Revenue 1Y (TTM)17.27%
Revenue growth 3Y43.18%
Revenue growth 5Y224.05%
Sales Q2Q%20.85%
Revenue Next Year12.66%
Revenue Next 2Y8.57%
Revenue Next 3Y5.86%
Revenue Next 5YN/A
EBIT growth 1Y11.67%
EBIT growth 3Y40.84%
EBIT growth 5Y248.75%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-98.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-98.14%
OCF growth 3YN/A
OCF growth 5YN/A