13.69 USD
-0.12 (-0.87%)
13.69 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. GBDC has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
The reported operating cash flow has been mixed in the past 5 years: GBDC reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.20%, GBDC is in the better half of the industry, outperforming 65.53% of the companies in the same industry.
GBDC has a Return On Equity (9.46%) which is in line with its industry peers.
The Return On Invested Capital of GBDC (3.53%) is comparable to the rest of the 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
Looking at the Profit Margin, with a value of 43.25%, GBDC belongs to the top of the industry, outperforming 88.09% of the companies in the same industry.
GBDC's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 45.57%, GBDC belongs to the best of the industry, outperforming 82.55% of the companies in the same industry.
GBDC's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 48.12%, GBDC is in line with its industry, outperforming 55.74% 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
GBDC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
GBDC has an Altman-Z score of 0.67. This is a bad value and indicates that GBDC is not financially healthy and even has some risk of bankruptcy.
GBDC has a Altman-Z score (0.67) which is comparable to the rest of the industry.
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 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
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.
The Current ratio of GBDC (0.97) is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that GBDC may have some problems paying its short term obligations.
GBDC has a Quick ratio (0.97) which is in line with its industry peers.
| 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.
GBDC shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.16%.
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
GBDC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.27% yearly.
Based on estimates for the next years, GBDC will show a decrease in Revenue. The Revenue will decrease by -5.33% on average per year.
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
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 9.64, the valuation of GBDC can be described as very reasonable.
GBDC's Price/Earnings ratio is a bit cheaper when compared to the industry. GBDC is cheaper than 75.32% of the companies in the same industry.
When comparing the Price/Earnings ratio of GBDC to the average of the S&P500 Index (27.19), we can say GBDC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.25, the valuation of GBDC can be described as reasonable.
Based on the Price/Forward Earnings ratio, GBDC is valued a bit cheaper than 77.87% 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 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 9.25 |
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)2.28
PEG (5Y)3.01
EPS Next 2Y-2.99%
EPS Next 3Y-3.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.30%, GBDC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.19, GBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, GBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.3% |
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.
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%
13.69
-0.12 (-0.87%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners44.72%
Inst Owner Change0.04%
Ins Owners1.38%
Ins Owner Change0%
Market Cap3.61B
Revenue(TTM)870.78M
Net Income(TTM)376.65M
Analysts81.82
Price Target15.3 (11.76%)
Short Float %2.48%
Short Ratio3.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.3% |
Yearly Dividend1.56
Dividend Growth(5Y)15.32%
DP97.76%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)0%
PT rev (3m)-1.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 9.25 | ||
| P/S | 4.14 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.42
EY10.37%
EPS(NY)1.48
Fwd EY10.81%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)-0.43
OCFYN/A
SpS3.31
BVpS15.12
TBVpS15.12
PEG (NY)2.28
PEG (5Y)3.01
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 | 0.67 |
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.
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 9.64 and the Price/Book (PB) ratio is 0.91.
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%.