CARLYLE SECURED LENDING INC (CGBD) Stock Fundamental Analysis
NASDAQ:CGBD - Nasdaq - US8722801029 - Common Stock - Currency: USD
CGBD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 225 industry peers in the Capital Markets industry. CGBD has an average financial health and profitability rating. CGBD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CGBD had positive earnings in the past year.
In the past year CGBD had a positive cash flow from operations.
Of the past 5 years CGBD 4 years were profitable.
CGBD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.16%, CGBD is in the better half of the industry, outperforming 68.49% of the companies in the same industry.
With a Return On Equity value of 10.34%, CGBD perfoms like the industry average, outperforming 57.99% of the companies in the same industry.
CGBD has a better Return On Invested Capital (4.92%) than 64.84% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CGBD is below the industry average of 6.82%.
The 3 year average ROIC (4.05%) for CGBD is below the current ROIC(4.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.16% | ||
| ROE | 10.34% | ||
| ROIC | 4.92% |
ROA(3y)5.44%
ROA(5y)3.87%
ROE(3y)11.74%
ROE(5y)8.43%
ROIC(3y)4.05%
ROIC(5y)3.97%
1.3 Margins
The Profit Margin of CGBD (39.22%) is better than 80.37% of its industry peers.
CGBD's Profit Margin has improved in the last couple of years.
The Operating Margin of CGBD (45.76%) is better than 78.54% of its industry peers.
CGBD's Operating Margin has declined in the last couple of years.
CGBD's Gross Margin of 48.78% is in line compared to the rest of the industry. CGBD outperforms 49.32% of its industry peers.
CGBD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.76% | ||
| PM (TTM) | 39.22% | ||
| GM | 48.78% |
OM growth 3Y-2.27%
OM growth 5Y-2.72%
PM growth 3Y144.1%
PM growth 5Y14.29%
GM growth 3Y-1.77%
GM growth 5Y-2.2%
2. Health
2.1 Basic Checks
There is no outstanding debt for CGBD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that CGBD is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.83, CGBD is in line with its industry, outperforming 46.58% of the companies in the same industry.
The Debt to FCF ratio of CGBD is 3.13, which is a good value as it means it would take CGBD, 3.13 years of fcf income to pay off all of its debts.
CGBD has a Debt to FCF ratio of 3.13. This is in the better half of the industry: CGBD outperforms 74.89% of its industry peers.
CGBD has a Debt/Equity ratio of 0.94. This is a neutral value indicating CGBD is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.94, CGBD is in line with its industry, outperforming 55.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.13 | ||
| Altman-Z | 0.83 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.74 indicates that CGBD should not have too much problems paying its short term obligations.
CGBD's Current ratio of 1.74 is fine compared to the rest of the industry. CGBD outperforms 66.67% of its industry peers.
A Quick Ratio of 1.74 indicates that CGBD should not have too much problems paying its short term obligations.
The Quick ratio of CGBD (1.74) is better than 67.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
CGBD shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.76%.
Measured over the past 5 years, CGBD shows a small growth in Earnings Per Share. The EPS has been growing by 2.24% on average per year.
EPS 1Y (TTM)-4.76%
EPS 3Y9.58%
EPS 5Y2.24%
EPS Q2Q%-16.07%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-37.89%
3.2 Future
CGBD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.34% yearly.
The Revenue is expected to grow by 10.56% on average over the next years. This is quite good.
EPS Next Y-11.77%
EPS Next 2Y-6.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.63%
Revenue Next 2Y10.56%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.99, the valuation of CGBD can be described as very reasonable.
78.54% of the companies in the same industry are more expensive than CGBD, based on the Price/Earnings ratio.
CGBD is valuated cheaply when we compare the Price/Earnings ratio to 29.43, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.19 indicates a reasonable valuation of CGBD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CGBD indicates a somewhat cheap valuation: CGBD is cheaper than 70.78% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.65. CGBD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 10.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CGBD indicates a rather cheap valuation: CGBD is cheaper than 88.58% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CGBD has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CGBD's earnings are expected to decrease with -6.34% in the coming years.
PEG (NY)N/A
PEG (5Y)4.01
EPS Next 2Y-6.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CGBD has a Yearly Dividend Yield of 9.00%, which is a nice return.
CGBD's Dividend Yield is a higher than the industry average which is at 9.91.
CGBD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of CGBD has a limited annual growth rate of 4.01%.
CGBD has been paying a dividend for over 5 years, so it has already some track record.
CGBD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.01%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
CGBD pays out 101.88% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of CGBD has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP101.88%
EPS Next 2Y-6.34%
EPS Next 3YN/A
NASDAQ:CGBD (2/26/2025, 11:43:43 AM)
17.99
+0.47 (+2.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners27.25%
Inst Owner Change-88.83%
Ins Owners0.72%
Ins Owner Change1.09%
Market Cap915.87M
Analysts52
Price Target17.34 (-3.61%)
Short Float %1.08%
Short Ratio2.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.83
Dividend Growth(5Y)4.01%
DP101.88%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.66%
Min EPS beat(2)-2.82%
Max EPS beat(2)-0.5%
EPS beat(4)2
Avg EPS beat(4)1.08%
Min EPS beat(4)-2.82%
Max EPS beat(4)6.43%
EPS beat(8)5
Avg EPS beat(8)1.09%
EPS beat(12)8
Avg EPS beat(12)5.63%
EPS beat(16)10
Avg EPS beat(16)4.31%
Revenue beat(2)0
Avg Revenue beat(2)-4.79%
Min Revenue beat(2)-4.93%
Max Revenue beat(2)-4.65%
Revenue beat(4)2
Avg Revenue beat(4)-1.04%
Min Revenue beat(4)-4.93%
Max Revenue beat(4)2.8%
Revenue beat(8)3
Avg Revenue beat(8)-1.15%
Revenue beat(12)6
Avg Revenue beat(12)1.78%
Revenue beat(16)8
Avg Revenue beat(16)1.55%
PT rev (1m)1.49%
PT rev (3m)2%
EPS NQ rev (1m)-0.9%
EPS NQ rev (3m)-4.35%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 10.19 | ||
| P/S | 3.83 | ||
| P/FCF | 3.38 | ||
| P/OCF | 3.38 | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)2
EY11.12%
EPS(NY)1.76
Fwd EY9.81%
FCF(TTM)5.33
FCFY29.61%
OCF(TTM)5.33
OCFY29.61%
SpS4.69
BVpS17.81
TBVpS17.81
PEG (NY)N/A
PEG (5Y)4.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.16% | ||
| ROE | 10.34% | ||
| ROCE | 6.23% | ||
| ROIC | 4.92% | ||
| ROICexc | 5.12% | ||
| ROICexgc | 5.12% | ||
| OM | 45.76% | ||
| PM (TTM) | 39.22% | ||
| GM | 48.78% | ||
| FCFM | 113.51% |
ROA(3y)5.44%
ROA(5y)3.87%
ROE(3y)11.74%
ROE(5y)8.43%
ROIC(3y)4.05%
ROIC(5y)3.97%
ROICexc(3y)4.18%
ROICexc(5y)4.09%
ROICexgc(3y)4.18%
ROICexgc(5y)4.09%
ROCE(3y)5.13%
ROCE(5y)5.03%
ROICexcg growth 3Y7.08%
ROICexcg growth 5Y1.4%
ROICexc growth 3Y7.08%
ROICexc growth 5Y1.4%
OM growth 3Y-2.27%
OM growth 5Y-2.72%
PM growth 3Y144.1%
PM growth 5Y14.29%
GM growth 3Y-1.77%
GM growth 5Y-2.2%
F-Score7
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.13 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.67 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 289.39% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 0.83 |
F-Score7
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)108.49%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.76%
EPS 3Y9.58%
EPS 5Y2.24%
EPS Q2Q%-16.07%
EPS Next Y-11.77%
EPS Next 2Y-6.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-37.89%
Revenue Next Year4.63%
Revenue Next 2Y10.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.78%
EBIT growth 3Y7.39%
EBIT growth 5Y0.29%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y111.22%
FCF growth 3Y-8.92%
FCF growth 5Y51.6%
OCF growth 1Y111.22%
OCF growth 3Y-8.92%
OCF growth 5Y51.6%