FIDUS INVESTMENT CORP (FDUS) Stock Fundamental Analysis
USA - NASDAQ:FDUS - US3165001070 - Common Stock
20.68 USD
-0.4 (-1.9%)
20.68 USD
0 (0%)
Overall FDUS gets a fundamental rating of 5 out of 10. We evaluated FDUS against 237 industry peers in the Capital Markets industry. While FDUS has a great profitability rating, there are quite some concerns on its financial health. FDUS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FDUS had positive earnings in the past year.
FDUS had a positive operating cash flow in the past year.
Each year in the past 5 years FDUS has been profitable.
The reported operating cash flow has been mixed in the past 5 years: FDUS reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.28%, FDUS is in the better half of the industry, outperforming 77.64% of the companies in the same industry.
FDUS has a better Return On Equity (11.41%) than 63.71% of its industry peers.
FDUS has a better Return On Invested Capital (6.37%) than 73.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FDUS is below the industry average of 7.61%.
The 3 year average ROIC (4.86%) for FDUS is below the current ROIC(6.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 11.41% | ||
| ROIC | 6.37% |
ROA(3y)5.87%
ROA(5y)6.83%
ROE(3y)10.83%
ROE(5y)12.78%
ROIC(3y)4.86%
ROIC(5y)4.14%
1.3 Margins
FDUS's Profit Margin of 51.88% is amongst the best of the industry. FDUS outperforms 91.98% of its industry peers.
In the last couple of years the Profit Margin of FDUS has declined.
Looking at the Operating Margin, with a value of 52.07%, FDUS belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
FDUS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.60%, FDUS is in the better half of the industry, outperforming 64.98% of the companies in the same industry.
FDUS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.07% | ||
| PM (TTM) | 51.88% | ||
| GM | 54.6% |
OM growth 3Y23.01%
OM growth 5Y4.6%
PM growth 3Y-25.27%
PM growth 5Y-3.15%
GM growth 3Y2.36%
GM growth 5Y3.91%
2. Health
2.1 Basic Checks
FDUS has more shares outstanding than it did 1 year ago.
FDUS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FDUS has an improved debt to assets ratio.
2.2 Solvency
FDUS has an Altman-Z score of 1.05. This is a bad value and indicates that FDUS is not financially healthy and even has some risk of bankruptcy.
FDUS has a Altman-Z score (1.05) which is comparable to the rest of the industry.
FDUS has a debt to FCF ratio of 35.50. This is a negative value and a sign of low solvency as FDUS would need 35.50 years to pay back of all of its debts.
FDUS has a Debt to FCF ratio (35.50) which is comparable to the rest of the industry.
FDUS has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FDUS (0.42) is better than 67.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 35.5 | ||
| Altman-Z | 1.05 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FDUS has a Current Ratio of 0.39. This is a bad value and indicates that FDUS is not financially healthy enough and could expect problems in meeting its short term obligations.
FDUS has a Current ratio of 0.39. This is in the lower half of the industry: FDUS underperforms 78.90% of its industry peers.
A Quick Ratio of 0.39 indicates that FDUS may have some problems paying its short term obligations.
FDUS has a worse Quick ratio (0.39) than 78.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for FDUS have decreased by -9.24% in the last year.
Measured over the past years, FDUS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.91% on average per year.
The Revenue has grown by 8.16% in the past year. This is quite good.
FDUS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.64% yearly.
EPS 1Y (TTM)-9.24%
EPS 3Y9.28%
EPS 5Y9.91%
EPS Q2Q%0%
Revenue 1Y (TTM)8.16%
Revenue growth 3Y17.35%
Revenue growth 5Y13.64%
Sales Q2Q%12.07%
3.2 Future
Based on estimates for the next years, FDUS will show a decrease in Earnings Per Share. The EPS will decrease by -5.85% on average per year.
The Revenue is expected to grow by 3.27% on average over the next years.
EPS Next Y-6.44%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y5.15%
Revenue Next 3Y3.27%
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
With a Price/Earnings ratio of 9.15, the valuation of FDUS can be described as very reasonable.
Based on the Price/Earnings ratio, FDUS is valued a bit cheaper than the industry average as 78.06% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.41. FDUS is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.23, the valuation of FDUS can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDUS indicates a somewhat cheap valuation: FDUS is cheaper than 72.15% of the companies listed in the same industry.
FDUS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.15 | ||
| Fwd PE | 10.23 |
4.2 Price Multiples
FDUS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.01 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FDUS has a very decent profitability rating, which may justify a higher PE ratio.
FDUS's earnings are expected to decrease with -5.85% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.92
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.00%, FDUS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.96, FDUS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, FDUS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
5.2 History
The dividend of FDUS is nicely growing with an annual growth rate of 8.82%!
FDUS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
95.89% of the earnings are spent on dividend by FDUS. This is not a sustainable payout ratio.
FDUS's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP95.89%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
20.68
-0.4 (-1.9%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners27.35%
Inst Owner Change281.85%
Ins Owners0.92%
Ins Owner Change0%
Market Cap731.66M
Analysts83.64
Price Target22.36 (8.12%)
Short Float %1.16%
Short Ratio2.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
Yearly Dividend2.44
Dividend Growth(5Y)8.82%
DP95.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.84%
Min EPS beat(2)-1.37%
Max EPS beat(2)7.05%
EPS beat(4)3
Avg EPS beat(4)3.23%
Min EPS beat(4)-1.37%
Max EPS beat(4)7.05%
EPS beat(8)5
Avg EPS beat(8)3.31%
EPS beat(12)9
Avg EPS beat(12)4.36%
EPS beat(16)13
Avg EPS beat(16)6.15%
Revenue beat(2)2
Avg Revenue beat(2)2.48%
Min Revenue beat(2)0.24%
Max Revenue beat(2)4.73%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-3.83%
Max Revenue beat(4)4.73%
Revenue beat(8)6
Avg Revenue beat(8)2.26%
Revenue beat(12)10
Avg Revenue beat(12)2.85%
Revenue beat(16)13
Avg Revenue beat(16)3%
PT rev (1m)2.41%
PT rev (3m)2.41%
EPS NQ rev (1m)-2.19%
EPS NQ rev (3m)-3.55%
EPS NY rev (1m)2.81%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)-1.1%
Revenue NQ rev (3m)-1.2%
Revenue NY rev (1m)1.3%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.15 | ||
| Fwd PE | 10.23 | ||
| P/S | 4.8 | ||
| P/FCF | 49.01 | ||
| P/OCF | 49.01 | ||
| P/B | 1.06 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.26
EY10.93%
EPS(NY)2.02
Fwd EY9.78%
FCF(TTM)0.42
FCFY2.04%
OCF(TTM)0.42
OCFY2.04%
SpS4.3
BVpS19.57
TBVpS19.57
PEG (NY)N/A
PEG (5Y)0.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 11.41% | ||
| ROCE | 8.06% | ||
| ROIC | 6.37% | ||
| ROICexc | 7.02% | ||
| ROICexgc | 7.02% | ||
| OM | 52.07% | ||
| PM (TTM) | 51.88% | ||
| GM | 54.6% | ||
| FCFM | 9.8% |
ROA(3y)5.87%
ROA(5y)6.83%
ROE(3y)10.83%
ROE(5y)12.78%
ROIC(3y)4.86%
ROIC(5y)4.14%
ROICexc(3y)5.27%
ROICexc(5y)4.63%
ROICexgc(3y)5.27%
ROICexgc(5y)4.63%
ROCE(3y)6.16%
ROCE(5y)5.24%
ROICexcg growth 3Y24.23%
ROICexcg growth 5Y9.99%
ROICexc growth 3Y24.23%
ROICexc growth 5Y9.99%
OM growth 3Y23.01%
OM growth 5Y4.6%
PM growth 3Y-25.27%
PM growth 5Y-3.15%
GM growth 3Y2.36%
GM growth 5Y3.91%
F-Score3
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 35.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.5 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 18.89% | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 1.05 |
F-Score3
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)-9.24%
EPS 3Y9.28%
EPS 5Y9.91%
EPS Q2Q%0%
EPS Next Y-6.44%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
EPS Next 5YN/A
Revenue 1Y (TTM)8.16%
Revenue growth 3Y17.35%
Revenue growth 5Y13.64%
Sales Q2Q%12.07%
Revenue Next Year4.92%
Revenue Next 2Y5.15%
Revenue Next 3Y3.27%
Revenue Next 5YN/A
EBIT growth 1Y14.5%
EBIT growth 3Y44.34%
EBIT growth 5Y18.87%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y121.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y121.21%
OCF growth 3YN/A
OCF growth 5YN/A