13.55 USD
+0.01 (+0.07%)
At close: Jan 29, 2026
13.44 USD
-0.11 (-0.81%)
Pre-Market: 1/30/2026, 4:17:27 AM
Taking everything into account, GBDC scores 4 out of 10 in our fundamental rating. GBDC was compared to 237 industry peers in the Capital Markets industry. While GBDC is still in line with the averages on profitability rating, there are concerns on its financial health. GBDC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year GBDC was profitable.
- GBDC had a negative operating cash flow in the past year.
- In the past 5 years GBDC has always been profitable.
- In multiple years GBDC reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of GBDC (4.20%) is better than 61.60% of its industry peers.
- GBDC has a Return On Equity (9.46%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 3.53%, GBDC perfoms like the industry average, outperforming 49.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 9.46% | ||
| ROIC | 3.53% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of GBDC (43.25%) is better than 87.76% of its industry peers.
- GBDC's Profit Margin has improved in the last couple of years.
- GBDC's Operating Margin of 45.57% is amongst the best of the industry. GBDC outperforms 82.70% of its industry peers.
- In the last couple of years the Operating Margin of GBDC has remained more or less at the same level.
- With a Gross Margin value of 48.12%, GBDC perfoms like the industry average, outperforming 55.27% of the companies in the same industry.
- In the last couple of years the Gross Margin of GBDC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.57% | ||
| PM (TTM) | 43.25% | ||
| GM | 48.12% |
OM growth 3Y-3.11%
OM growth 5Y-0.41%
PM growth 3Y3.02%
PM growth 5Y18.69%
GM growth 3Y-3.37%
GM growth 5Y-0.96%
2. Health
2.1 Basic Checks
- There is no outstanding debt for GBDC. 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 0.66, we must say that GBDC is in the distress zone and has some risk of bankruptcy.
- GBDC's Altman-Z score of 0.66 is in line compared to the rest of the industry. GBDC outperforms 47.26% of its industry peers.
- A Debt/Equity ratio of 1.23 is on the high side and indicates that GBDC has dependencies on debt financing.
- The Debt to Equity ratio of GBDC (1.23) is worse than 62.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.66 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.97 indicates that GBDC may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.97, GBDC is in line with its industry, outperforming 40.93% of the companies in the same industry.
- A Quick Ratio of 0.97 indicates that GBDC may have some problems paying its short term obligations.
- The Quick ratio of GBDC (0.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
- GBDC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.71%.
- The Earnings Per Share has been growing slightly by 3.20% on average over the past years.
- The Revenue has grown by 20.16% in the past year. This is a very strong growth!
- The Revenue has been growing by 23.84% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)0.71%
EPS 3Y16.42%
EPS 5Y3.2%
EPS Q2Q%0%
Revenue 1Y (TTM)20.16%
Revenue growth 3Y30.95%
Revenue growth 5Y23.84%
Sales Q2Q%-2.93%
3.2 Future
- The Earnings Per Share is expected to decrease by -3.27% on average over the next years.
- The Revenue is expected to decrease by -5.33% on average over the next years.
EPS Next Y3.62%
EPS Next 2Y-3.24%
EPS Next 3Y-3.27%
EPS Next 5YN/A
Revenue Next Year-8.61%
Revenue Next 2Y-7.2%
Revenue Next 3Y-5.33%
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.
- 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
- With a Price/Earnings ratio of 9.54, the valuation of GBDC can be described as very reasonable.
- Based on the Price/Earnings ratio, GBDC is valued a bit cheaper than the industry average as 72.57% of the companies are valued more expensively.
- GBDC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.39.
- The Price/Forward Earnings ratio is 9.21, which indicates a very decent valuation of GBDC.
- Based on the Price/Forward Earnings ratio, GBDC is valued a bit cheaper than the industry average as 78.48% of the companies are valued more expensively.
- GBDC is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.54 | ||
| Fwd PE | 9.21 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GBDC does not grow enough to justify the current Price/Earnings ratio.
- A cheap valuation may be justified as GBDC's earnings are expected to decrease with -3.27% in the coming years.
PEG (NY)2.64
PEG (5Y)2.98
EPS Next 2Y-3.24%
EPS Next 3Y-3.27%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 11.40%, GBDC is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.88, GBDC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, GBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.4% |
5.2 History
- The dividend of GBDC is nicely growing with an annual growth rate of 15.32%!
- GBDC has been paying a dividend for at least 10 years, so it has a reliable track record.
- GBDC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)15.32%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 97.76% of the earnings are spent on dividend by GBDC. This is not a sustainable payout ratio.
- GBDC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP97.76%
EPS Next 2Y-3.24%
EPS Next 3Y-3.27%
GOLUB CAPITAL BDC INC / GBDC FAQ
Can you provide the ChartMill fundamental rating for GOLUB CAPITAL BDC INC?
ChartMill assigns a fundamental rating of 4 / 10 to GBDC.
What is the valuation status of GOLUB CAPITAL BDC INC (GBDC) stock?
ChartMill assigns a valuation rating of 4 / 10 to GOLUB CAPITAL BDC INC (GBDC). This can be considered as Fairly Valued.
What is the profitability of GBDC stock?
GOLUB CAPITAL BDC INC (GBDC) has a profitability rating of 5 / 10.
What are the PE and PB ratios of GOLUB CAPITAL BDC INC (GBDC) stock?
The Price/Earnings (PE) ratio for GOLUB CAPITAL BDC INC (GBDC) is 9.54 and the Price/Book (PB) ratio is 0.9.
Is the dividend of GOLUB CAPITAL BDC INC sustainable?
The dividend rating of GOLUB CAPITAL BDC INC (GBDC) is 6 / 10 and the dividend payout ratio is 97.76%.