BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BXSL - US09261X1028 - Common Stock
27.44 USD
-0.17 (-0.62%)
27.44 USD
0 (0%)
Overall BXSL gets a fundamental rating of 4 out of 10. We evaluated BXSL against 238 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
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
Looking at the Return On Assets, with a value of 4.21%, BXSL is in the better half of the industry, outperforming 65.55% of the companies in the same industry.
With a Return On Equity value of 9.57%, BXSL perfoms like the industry average, outperforming 58.40% of the companies in the same industry.
BXSL has a Return On Invested Capital of 4.27%. This is in the better half of the industry: BXSL outperforms 63.03% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BXSL is below the industry average of 6.96%.
| 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
The Profit Margin of BXSL (42.42%) is better than 86.97% of its industry peers.
In the last couple of years the Profit Margin of BXSL has declined.
Looking at the Operating Margin, with a value of 53.26%, BXSL belongs to the top of the industry, outperforming 92.44% of the companies in the same industry.
In the last couple of years the Operating Margin of BXSL has grown nicely.
BXSL's Gross Margin of 54.14% is fine compared to the rest of the industry. BXSL outperforms 65.97% of its industry peers.
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
BXSL has more shares outstanding than it did 1 year ago.
BXSL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BXSL is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that BXSL is in the distress zone and has some risk of bankruptcy.
BXSL has a Altman-Z score (0.77) which is in line with its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that BXSL has dependencies on debt financing.
BXSL's Debt to Equity ratio of 1.22 is on the low side compared to the rest of the industry. BXSL is outperformed by 60.92% 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.
Looking at the Current ratio, with a value of 0.84, BXSL is doing worse than 64.29% of the companies in the same industry.
BXSL has a Quick Ratio of 0.84. This is a bad value and indicates that BXSL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.84, BXSL is doing worse than 63.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
BXSL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.11%.
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 10.58% 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 55.07% yearly.
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 -8.41% on average over the next years.
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.
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
The Price/Earnings ratio is 8.42, which indicates a very decent valuation of BXSL.
78.57% of the companies in the same industry are more expensive than BXSL, based on the Price/Earnings ratio.
BXSL is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.22 indicates a reasonable valuation of BXSL.
75.63% of the companies in the same industry are more expensive than BXSL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.21. BXSL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 9.22 |
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.
BXSL's earnings are expected to decrease with -8.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.21
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 11.20%, which is a nice return.
BXSL's Dividend Yield is a higher than the industry average which is at 8.39.
BXSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.2% |
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 110.54% of its income as dividend. This is not a sustainable payout ratio.
DP110.54%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
27.44
-0.17 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners42.05%
Inst Owner Change1.72%
Ins Owners3.26%
Ins Owner Change2.37%
Market Cap6.34B
Revenue(TTM)1.41B
Net Income(TTM)599.78M
Analysts81.11
Price Target30.79 (12.21%)
Short Float %1.22%
Short Ratio1.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.2% |
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)-4.94%
PT rev (3m)-5.5%
EPS NQ rev (1m)1.38%
EPS NQ rev (3m)0.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.3%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 9.22 | ||
| P/S | 4.49 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.26
EY11.88%
EPS(NY)2.98
Fwd EY10.85%
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-8.05%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
EPS Next 5YN/A
Revenue 1Y (TTM)10.58%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-12.17%
Revenue Next Year7.74%
Revenue Next 2Y4.62%
Revenue Next 3Y-1.33%
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 -8.05% in the next year.