CARLYLE SECURED LENDING INC (CGBD) Stock Fundamental Analysis
USA - NASDAQ:CGBD - US8722801029 - Common Stock
13.32 USD
+0.01 (+0.08%)
13.32 USD
0 (0%)
CGBD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. CGBD has only an average score on both its financial health and profitability. CGBD is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CGBD was profitable.
CGBD had a negative operating cash flow in the past year.
CGBD had positive earnings in each of the past 5 years.
Each year in the past 5 years CGBD had a positive operating cash flow.
1.2 Ratios
CGBD has a Return On Assets (2.61%) which is in line with its industry peers.
The Return On Equity of CGBD (5.60%) is comparable to the rest of the industry.
The Return On Invested Capital of CGBD (3.14%) is worse than 60.34% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CGBD is below the industry average of 7.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.61% | ||
| ROE | 5.6% | ||
| ROIC | 3.14% |
ROA(3y)4.34%
ROA(5y)4.2%
ROE(3y)9.37%
ROE(5y)9.03%
ROIC(3y)4.38%
ROIC(5y)4.06%
1.3 Margins
CGBD's Profit Margin of 28.61% is fine compared to the rest of the industry. CGBD outperforms 73.00% of its industry peers.
In the last couple of years the Profit Margin of CGBD has grown nicely.
The Operating Margin of CGBD (42.57%) is better than 74.26% of its industry peers.
CGBD's Operating Margin has been stable in the last couple of years.
The Gross Margin of CGBD (45.47%) is comparable to the rest of the industry.
CGBD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.57% | ||
| PM (TTM) | 28.61% | ||
| GM | 45.47% |
OM growth 3Y-3.76%
OM growth 5Y-1.44%
PM growth 3Y-26.26%
PM growth 5Y5.82%
GM growth 3Y-3.2%
GM growth 5Y-0.67%
2. Health
2.1 Basic Checks
The number of shares outstanding for CGBD has been increased compared to 1 year ago.
The number of shares outstanding for CGBD has been reduced compared to 5 years ago.
Compared to 1 year ago, CGBD has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.62, we must say that CGBD is in the distress zone and has some risk of bankruptcy.
CGBD has a Altman-Z score (0.62) which is comparable to the rest of the industry.
CGBD has a Debt/Equity ratio of 1.09. This is a high value indicating a heavy dependency on external financing.
CGBD's Debt to Equity ratio of 1.09 is in line compared to the rest of the industry. CGBD outperforms 43.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.62 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CGBD has a Current Ratio of 3.55. This indicates that CGBD is financially healthy and has no problem in meeting its short term obligations.
CGBD's Current ratio of 3.55 is amongst the best of the industry. CGBD outperforms 83.12% of its industry peers.
A Quick Ratio of 3.55 indicates that CGBD has no problem at all paying its short term obligations.
CGBD's Quick ratio of 3.55 is amongst the best of the industry. CGBD outperforms 83.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.55 | ||
| Quick Ratio | 3.55 |
3. Growth
3.1 Past
CGBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.98%.
The Earnings Per Share has been growing slightly by 2.24% on average over the past years.
CGBD shows a decrease in Revenue. In the last year, the revenue decreased by -3.69%.
CGBD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.00% yearly.
EPS 1Y (TTM)-16.98%
EPS 3Y9.58%
EPS 5Y2.24%
EPS Q2Q%-23.53%
Revenue 1Y (TTM)-3.69%
Revenue growth 3Y10.75%
Revenue growth 5Y1%
Sales Q2Q%15.48%
3.2 Future
CGBD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.34% yearly.
CGBD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.44% yearly.
EPS Next Y-18.78%
EPS Next 2Y-10.02%
EPS Next 3Y-7.34%
EPS Next 5YN/A
Revenue Next Year13.44%
Revenue Next 2Y9.66%
Revenue Next 3Y5.44%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CGBD is valuated cheaply with a Price/Earnings ratio of 7.57.
Based on the Price/Earnings ratio, CGBD is valued cheaper than 86.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of CGBD to the average of the S&P500 Index (27.20), we can say CGBD is valued rather cheaply.
CGBD is valuated reasonably with a Price/Forward Earnings ratio of 8.23.
CGBD's Price/Forward Earnings ratio is rather cheap when compared to the industry. CGBD is cheaper than 85.23% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CGBD to the average of the S&P500 Index (22.71), we can say CGBD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 8.23 |
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 CGBD's earnings are expected to decrease with -7.34% in the coming years.
PEG (NY)N/A
PEG (5Y)3.37
EPS Next 2Y-10.02%
EPS Next 3Y-7.34%
5. Dividend
5.1 Amount
CGBD has a Yearly Dividend Yield of 8.02%, which is a nice return.
Compared to an average industry Dividend Yield of 7.96, CGBD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, CGBD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.02% |
5.2 History
The dividend of CGBD has a limited annual growth rate of 1.13%.
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)1.13%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
139.71% of the earnings are spent on dividend by CGBD. This is not a sustainable payout ratio.
CGBD's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP139.71%
EPS Next 2Y-10.02%
EPS Next 3Y-7.34%
13.32
+0.01 (+0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners29.97%
Inst Owner Change37.68%
Ins Owners0.43%
Ins Owner Change13.22%
Market Cap971.03M
Analysts50
Price Target14.74 (10.66%)
Short Float %0.55%
Short Ratio0.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.02% |
Yearly Dividend1.89
Dividend Growth(5Y)1.13%
DP139.71%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.8%
Min EPS beat(2)-7.06%
Max EPS beat(2)-2.53%
EPS beat(4)1
Avg EPS beat(4)-1.34%
Min EPS beat(4)-7.06%
Max EPS beat(4)4.72%
EPS beat(8)4
Avg EPS beat(8)-0.01%
EPS beat(12)7
Avg EPS beat(12)3.46%
EPS beat(16)10
Avg EPS beat(16)4.11%
Revenue beat(2)0
Avg Revenue beat(2)-5.41%
Min Revenue beat(2)-7.79%
Max Revenue beat(2)-3.03%
Revenue beat(4)1
Avg Revenue beat(4)-3.8%
Min Revenue beat(4)-7.79%
Max Revenue beat(4)0.28%
Revenue beat(8)3
Avg Revenue beat(8)-1.96%
Revenue beat(12)5
Avg Revenue beat(12)0.4%
Revenue beat(16)8
Avg Revenue beat(16)0.83%
PT rev (1m)0.35%
PT rev (3m)-2.03%
EPS NQ rev (1m)-0.72%
EPS NQ rev (3m)-8.14%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)10.72%
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 8.23 | ||
| P/S | 4.14 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.76
EY13.21%
EPS(NY)1.62
Fwd EY12.16%
FCF(TTM)-1.84
FCFYN/A
OCF(TTM)-1.84
OCFYN/A
SpS3.22
BVpS16.43
TBVpS16.43
PEG (NY)N/A
PEG (5Y)3.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.61% | ||
| ROE | 5.6% | ||
| ROCE | 3.98% | ||
| ROIC | 3.14% | ||
| ROICexc | 3.21% | ||
| ROICexgc | 3.21% | ||
| OM | 42.57% | ||
| PM (TTM) | 28.61% | ||
| GM | 45.47% | ||
| FCFM | N/A |
ROA(3y)4.34%
ROA(5y)4.2%
ROE(3y)9.37%
ROE(5y)9.03%
ROIC(3y)4.38%
ROIC(5y)4.06%
ROICexc(3y)4.5%
ROICexc(5y)4.2%
ROICexgc(3y)4.5%
ROICexgc(5y)4.2%
ROCE(3y)5.55%
ROCE(5y)5.14%
ROICexcg growth 3Y8.24%
ROICexcg growth 5Y2.47%
ROICexc growth 3Y8.2%
ROICexc growth 5Y2.45%
OM growth 3Y-3.76%
OM growth 5Y-1.44%
PM growth 3Y-26.26%
PM growth 5Y5.82%
GM growth 3Y-3.2%
GM growth 5Y-0.67%
F-Score2
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.43 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.55 | ||
| Quick Ratio | 3.55 | ||
| Altman-Z | 0.62 |
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)133.13%
Profit Quality(5y)1416.45%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.98%
EPS 3Y9.58%
EPS 5Y2.24%
EPS Q2Q%-23.53%
EPS Next Y-18.78%
EPS Next 2Y-10.02%
EPS Next 3Y-7.34%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.69%
Revenue growth 3Y10.75%
Revenue growth 5Y1%
Sales Q2Q%15.48%
Revenue Next Year13.44%
Revenue Next 2Y9.66%
Revenue Next 3Y5.44%
Revenue Next 5YN/A
EBIT growth 1Y-10.26%
EBIT growth 3Y6.6%
EBIT growth 5Y-0.46%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-178.83%
FCF growth 3Y11.41%
FCF growth 5YN/A
OCF growth 1Y-178.83%
OCF growth 3Y11.41%
OCF growth 5YN/A