13.5 USD
-0.05 (-0.37%)
13.5 USD
0 (0%)
Overall GBDC gets a fundamental rating of 4 out of 10. We evaluated GBDC against 235 industry peers in the Capital Markets industry. There are concerns on the financial health of GBDC while its profitability can be described as average. GBDC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GBDC was profitable.
GBDC had a negative operating cash flow in the past year.
GBDC had positive earnings in each of the past 5 years.
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 65.53% of its industry peers.
Looking at the Return On Equity, with a value of 9.46%, GBDC is in line with its industry, outperforming 57.87% of the companies in the same industry.
With a Return On Invested Capital value of 3.53%, GBDC perfoms like the industry average, outperforming 49.36% 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
GBDC's Profit Margin of 43.25% is amongst the best of the industry. GBDC outperforms 88.09% of its industry peers.
In the last couple of years the Profit Margin of GBDC has grown nicely.
The Operating Margin of GBDC (45.57%) is better than 82.55% of its industry peers.
GBDC's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 48.12%, GBDC perfoms like the industry average, outperforming 54.89% of the companies in the same industry.
GBDC's Gross Margin has been stable in the last couple of years.
| 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 44.68% of its industry peers.
GBDC has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
GBDC has a worse Debt to Equity ratio (1.23) than 62.98% 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.
GBDC has a Current ratio (0.97) which is comparable to the rest of the industry.
GBDC has a Quick Ratio of 0.97. This is a bad value and indicates that GBDC is not financially healthy enough and could expect problems in meeting its short term obligations.
GBDC's Quick ratio of 0.97 is in line compared to the rest of the industry. GBDC outperforms 40.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.71% over the past year.
GBDC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.20% yearly.
Looking at the last year, GBDC shows a very strong growth in Revenue. The Revenue has grown by 20.16%.
Measured over the past years, GBDC shows a very strong growth in Revenue. The Revenue has been growing by 23.84% on average per year.
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 Y4.23%
EPS Next 2Y-2.99%
EPS Next 3Y-3.27%
EPS Next 5YN/A
Revenue Next Year-8.39%
Revenue Next 2Y-7.12%
Revenue Next 3Y-5.33%
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
With a Price/Earnings ratio of 9.51, the valuation of GBDC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of GBDC indicates a somewhat cheap valuation: GBDC is cheaper than 74.04% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. GBDC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 9.12, the valuation of GBDC can be described as very reasonable.
GBDC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. GBDC is cheaper than 77.45% of the companies in the same industry.
GBDC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 9.12 |
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.
GBDC's earnings are expected to decrease with -3.27% in the coming years. This may justify a cheaper valuation.
PEG (NY)2.25
PEG (5Y)2.97
EPS Next 2Y-2.99%
EPS Next 3Y-3.27%
5. Dividend
5.1 Amount
GBDC has a Yearly Dividend Yield of 11.62%, which is a nice return.
Compared to an average industry Dividend Yield of 6.65, GBDC pays a bit more dividend than its industry peers.
GBDC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.62% |
5.2 History
On average, the dividend of GBDC grows each year by 15.32%, which is quite nice.
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.
The Dividend Rate of GBDC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP97.76%
EPS Next 2Y-2.99%
EPS Next 3Y-3.27%
13.5
-0.05 (-0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners44.47%
Inst Owner Change5.56%
Ins Owners6.4%
Ins Owner Change0%
Market Cap3.56B
Revenue(TTM)870.78M
Net Income(TTM)376.65M
Analysts81.82
Price Target15.3 (13.33%)
Short Float %2.61%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.62% |
Yearly Dividend1.56
Dividend Growth(5Y)15.32%
DP97.76%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.18%
Min EPS beat(2)-13.33%
Max EPS beat(2)-9.04%
EPS beat(4)0
Avg EPS beat(4)-13.83%
Min EPS beat(4)-28.26%
Max EPS beat(4)-4.68%
EPS beat(8)1
Avg EPS beat(8)-21.1%
EPS beat(12)3
Avg EPS beat(12)-17.9%
EPS beat(16)5
Avg EPS beat(16)-20.23%
Revenue beat(2)0
Avg Revenue beat(2)-2.46%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)-1.11%
Revenue beat(4)0
Avg Revenue beat(4)-4.41%
Min Revenue beat(4)-6.55%
Max Revenue beat(4)-1.11%
Revenue beat(8)1
Avg Revenue beat(8)-4.68%
Revenue beat(12)4
Avg Revenue beat(12)-3.47%
Revenue beat(16)6
Avg Revenue beat(16)-2.92%
PT rev (1m)-1.64%
PT rev (3m)-1.64%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)-0.68%
EPS NY rev (1m)-2.1%
EPS NY rev (3m)-2.24%
Revenue NQ rev (1m)-2.26%
Revenue NQ rev (3m)-4.53%
Revenue NY rev (1m)-4.66%
Revenue NY rev (3m)-4.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 9.12 | ||
| P/S | 4.08 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.42
EY10.52%
EPS(NY)1.48
Fwd EY10.96%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)-0.43
OCFYN/A
SpS3.31
BVpS15.12
TBVpS15.12
PEG (NY)2.25
PEG (5Y)2.97
Graham Number21.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 9.46% | ||
| ROCE | 4.46% | ||
| ROIC | 3.53% | ||
| ROICexc | 3.53% | ||
| ROICexgc | 3.54% | ||
| OM | 45.57% | ||
| PM (TTM) | 43.25% | ||
| GM | 48.12% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.42 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.66 |
F-Score4
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)0.71%
EPS 3Y16.42%
EPS 5Y3.2%
EPS Q2Q%0%
EPS Next Y4.23%
EPS Next 2Y-2.99%
EPS Next 3Y-3.27%
EPS Next 5YN/A
Revenue 1Y (TTM)20.16%
Revenue growth 3Y30.95%
Revenue growth 5Y23.84%
Sales Q2Q%-2.93%
Revenue Next Year-8.39%
Revenue Next 2Y-7.12%
Revenue Next 3Y-5.33%
Revenue Next 5YN/A
EBIT growth 1Y3.43%
EBIT growth 3Y26.87%
EBIT growth 5Y23.32%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-133.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-133.03%
OCF growth 3YN/A
OCF growth 5YN/A
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.
Can you provide the valuation status for GOLUB CAPITAL BDC INC?
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.
Can you provide the expected EPS growth for GBDC stock?
The Earnings per Share (EPS) of GOLUB CAPITAL BDC INC (GBDC) is expected to grow by 4.23% in the next year.
Can you provide the dividend sustainability for GBDC stock?
The dividend rating of GOLUB CAPITAL BDC INC (GBDC) is 6 / 10 and the dividend payout ratio is 97.76%.