BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - NYSE:BXSL - US09261X1028 - Common Stock
26.65 USD
+0.05 (+0.19%)
26.65 USD
0 (0%)
Overall BXSL gets a fundamental rating of 4 out of 10. We evaluated BXSL against 237 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BXSL had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 4.51%, BXSL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
With a Return On Equity value of 9.84%, BXSL perfoms like the industry average, outperforming 55.70% of the companies in the same industry.
BXSL's Return On Invested Capital of 4.42% is fine compared to the rest of the industry. BXSL outperforms 62.45% of its industry peers.
BXSL had an Average Return On Invested Capital over the past 3 years of 4.56%. This is below the industry average of 7.48%.
| 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 88.61% of its industry peers.
In the last couple of years the Profit Margin of BXSL has declined.
BXSL has a Operating Margin of 53.56%. This is amongst the best in the industry. BXSL outperforms 91.98% of its industry peers.
BXSL's Operating Margin has improved in the last couple of years.
The Gross Margin of BXSL (54.38%) is better than 66.24% of its industry peers.
In the last couple of years the Gross Margin of BXSL has remained more or less at the same level.
| 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
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 0.80. This is a bad value and indicates that BXSL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.80, BXSL is in line with its industry, outperforming 47.26% of the companies in the same industry.
A Debt/Equity ratio of 1.13 is on the high side and indicates that BXSL has dependencies on debt financing.
The Debt to Equity ratio of BXSL (1.13) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.8 |
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.
The Current ratio of BXSL (0.94) is worse than 62.03% of its industry peers.
A Quick Ratio of 0.94 indicates that BXSL may have some problems paying its short term obligations.
With a Quick ratio value of 0.94, BXSL is not doing good in the industry: 61.60% of the companies in the same industry are doing better.
| 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 strongly by -10.11% in the last year.
BXSL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.04% yearly.
The Revenue has grown by 16.04% 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)-10.11%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-9.89%
Revenue 1Y (TTM)16.04%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%4.47%
3.2 Future
BXSL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.41% yearly.
The Revenue is expected to decrease by -1.33% on average over the next years.
EPS Next Y-8.05%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
EPS Next 5YN/A
Revenue Next Year7.74%
Revenue Next 2Y4.62%
Revenue Next 3Y-1.33%
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 8.17, 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 79.32% of the companies listed in the same industry.
BXSL is valuated cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.95, 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 77.22% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.72, BXSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 8.95 |
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.
A cheap valuation may be justified as BXSL's earnings are expected to decrease with -8.41% in the coming years.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 11.58%, which is a nice return.
BXSL's Dividend Yield is a higher than the industry average which is at 8.46.
BXSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.58% |
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-7.91%
EPS Next 3Y-8.41%
26.65
+0.05 (+0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners42.05%
Inst Owner Change0.52%
Ins Owners3.26%
Ins Owner Change2.23%
Market Cap6.14B
Revenue(TTM)1.33B
Net Income(TTM)619.01M
Analysts81.11
Price Target31.76 (19.17%)
Short Float %1.34%
Short Ratio1.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.58% |
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)-1.93%
PT rev (3m)-2.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-1.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 8.95 | ||
| P/S | 4.39 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.98 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.26
EY12.23%
EPS(NY)2.98
Fwd EY11.17%
FCF(TTM)-5.29
FCFYN/A
OCF(TTM)-5.29
OCFYN/A
SpS6.07
BVpS27.31
TBVpS27.31
PEG (NY)N/A
PEG (5Y)0.2
Graham Number44.76
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%
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 | 1.13 | ||
| 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 | 0.8 |
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-8.05%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
EPS Next 5YN/A
Revenue 1Y (TTM)16.04%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%4.47%
Revenue Next Year7.74%
Revenue Next 2Y4.62%
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
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 -8.05% in the next year.