GOLDMAN SACHS BDC INC (GSBD) Fundamental Analysis & Valuation

NYSE:GSBD • US38147U1079

Current stock price

9.655 USD
-0.12 (-1.18%)
Last:

This GSBD fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. GSBD Profitability Analysis

1.1 Basic Checks

  • GSBD had positive earnings in the past year.
  • GSBD had a positive operating cash flow in the past year.
  • Each year in the past 5 years GSBD has been profitable.
  • GSBD had a positive operating cash flow in 4 of the past 5 years.
GSBD Yearly Net Income VS EBIT VS OCF VS FCFGSBD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

1.2 Ratios

  • GSBD has a Return On Assets (3.53%) which is in line with its industry peers.
  • GSBD has a Return On Equity of 8.38%. This is comparable to the rest of the industry: GSBD outperforms 50.83% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.35%, GSBD is in the better half of the industry, outperforming 62.92% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GSBD is below the industry average of 7.28%.
Industry RankSector Rank
ROA 3.53%
ROE 8.38%
ROIC 4.35%
ROA(3y)3.61%
ROA(5y)3.56%
ROE(3y)8.2%
ROE(5y)8.04%
ROIC(3y)5.25%
ROIC(5y)5.25%
GSBD Yearly ROA, ROE, ROICGSBD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of GSBD (32.63%) is better than 78.33% of its industry peers.
  • GSBD's Profit Margin has declined in the last couple of years.
  • With an excellent Operating Margin value of 49.67%, GSBD belongs to the best of the industry, outperforming 89.17% of the companies in the same industry.
  • GSBD's Operating Margin has declined in the last couple of years.
  • GSBD has a Gross Margin (52.25%) which is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of GSBD has declined.
Industry RankSector Rank
OM 49.67%
PM (TTM) 32.63%
GM 52.25%
OM growth 3Y-8.08%
OM growth 5Y-4.8%
PM growth 3Y28.48%
PM growth 5Y-20.35%
GM growth 3Y-7.78%
GM growth 5Y-4.67%
GSBD Yearly Profit, Operating, Gross MarginsGSBD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

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2

2. GSBD Health Analysis

2.1 Basic Checks

  • GSBD has less shares outstanding than it did 1 year ago.
  • GSBD has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, GSBD has a worse debt to assets ratio.
GSBD Yearly Shares OutstandingGSBD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
GSBD Yearly Total Debt VS Total AssetsGSBD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of 0.42, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
  • GSBD's Altman-Z score of 0.42 is on the low side compared to the rest of the industry. GSBD is outperformed by 63.75% of its industry peers.
  • The Debt to FCF ratio of GSBD is 5.77, which is a neutral value as it means it would take GSBD, 5.77 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 5.77, GSBD is doing good in the industry, outperforming 65.00% of the companies in the same industry.
  • GSBD has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of GSBD (1.32) is worse than 65.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF 5.77
Altman-Z 0.42
ROIC/WACCN/A
WACCN/A
GSBD Yearly LT Debt VS Equity VS FCFGSBD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B

2.3 Liquidity

  • GSBD has a Current Ratio of 0.53. This is a bad value and indicates that GSBD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.53, GSBD is doing worse than 74.58% of the companies in the same industry.
  • A Quick Ratio of 0.53 indicates that GSBD may have some problems paying its short term obligations.
  • GSBD has a Quick ratio of 0.53. This is in the lower half of the industry: GSBD underperforms 74.58% of its industry peers.
Industry RankSector Rank
Current Ratio 0.53
Quick Ratio 0.53
GSBD Yearly Current Assets VS Current LiabilitesGSBD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

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1

3. GSBD Growth Analysis

3.1 Past

  • GSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.31%.
  • GSBD shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.02% yearly.
  • Looking at the last year, GSBD shows a very negative growth in Revenue. The Revenue has decreased by -15.84% in the last year.
  • GSBD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.14% yearly.
EPS 1Y (TTM)-28.31%
EPS 3Y-9.24%
EPS 5Y-3.02%
EPS Q2Q%-22.92%
Revenue 1Y (TTM)-15.84%
Revenue growth 3Y0.75%
Revenue growth 5Y16.14%
Sales Q2Q%-34.92%

3.2 Future

  • GSBD is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.14% yearly.
  • Based on estimates for the next years, GSBD will show a decrease in Revenue. The Revenue will decrease by -6.22% on average per year.
EPS Next Y-20.25%
EPS Next 2Y-12.44%
EPS Next 3Y-11.14%
EPS Next 5YN/A
Revenue Next Year-11.93%
Revenue Next 2Y-8.04%
Revenue Next 3Y-6.22%
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.
  • 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.
GSBD Yearly Revenue VS EstimatesGSBD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M
GSBD Yearly EPS VS EstimatesGSBD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2

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6

4. GSBD Valuation Analysis

4.1 Price/Earnings Ratio

  • GSBD is valuated cheaply with a Price/Earnings ratio of 6.15.
  • 85.83% of the companies in the same industry are more expensive than GSBD, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of GSBD to the average of the S&P500 Index (27.95), we can say GSBD is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 7.71, the valuation of GSBD can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, GSBD is valued cheaper than 85.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 38.68. GSBD is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 6.15
Fwd PE 7.71
GSBD Price Earnings VS Forward Price EarningsGSBD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, GSBD is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.34
EV/EBITDA N/A
GSBD Per share dataGSBD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • A cheap valuation may be justified as GSBD's earnings are expected to decrease with -11.14% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.44%
EPS Next 3Y-11.14%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. GSBD Dividend Analysis

5.1 Amount

  • GSBD has a Yearly Dividend Yield of 13.40%, which is a nice return.
  • Compared to an average industry Dividend Yield of 6.47, GSBD pays a better dividend. On top of this GSBD pays more dividend than 83.33% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, GSBD pays a better dividend.
Industry RankSector Rank
Dividend Yield 13.4%

5.2 History

  • The dividend of GSBD decreases each year by -0.20%.
  • GSBD has been paying a dividend for at least 10 years, so it has a reliable track record.
  • GSBD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years3
GSBD Yearly Dividends per shareGSBD Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • GSBD pays out 195.79% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of GSBD has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP195.79%
EPS Next 2Y-12.44%
EPS Next 3Y-11.14%
GSBD Yearly Income VS Free CF VS DividendGSBD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M
GSBD Dividend Payout.GSBD Dividend Payout, showing the Payout Ratio.GSBD Dividend Payout.PayoutRetained Earnings

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GSBD Fundamentals: All Metrics, Ratios and Statistics

GOLDMAN SACHS BDC INC

NYSE:GSBD (4/21/2026, 1:36:43 PM)

9.655

-0.12 (-1.18%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-26
Earnings (Next)05-07
Inst Owners34.04%
Inst Owner Change0.52%
Ins Owners0.15%
Ins Owner Change0.99%
Market Cap1.09B
Revenue(TTM)365.57M
Net Income(TTM)119.27M
Analysts48
Price Target9.31 (-3.57%)
Short Float %5.53%
Short Ratio3.94
Dividend
Industry RankSector Rank
Dividend Yield 13.4%
Yearly Dividend2.03
Dividend Growth(5Y)-0.2%
DP195.79%
Div Incr Years1
Div Non Decr Years3
Ex-Date03-31
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.88%
Min EPS beat(2)3.05%
Max EPS beat(2)6.71%
EPS beat(4)2
Avg EPS beat(4)0.1%
Min EPS beat(4)-5.68%
Max EPS beat(4)6.71%
EPS beat(8)4
Avg EPS beat(8)0.77%
EPS beat(12)6
Avg EPS beat(12)-0.07%
EPS beat(16)9
Avg EPS beat(16)2.73%
Revenue beat(2)0
Avg Revenue beat(2)-13.12%
Min Revenue beat(2)-24.21%
Max Revenue beat(2)-2.03%
Revenue beat(4)0
Avg Revenue beat(4)-11.02%
Min Revenue beat(4)-24.21%
Max Revenue beat(4)-2.03%
Revenue beat(8)0
Avg Revenue beat(8)-7.81%
Revenue beat(12)2
Avg Revenue beat(12)-6.43%
Revenue beat(16)4
Avg Revenue beat(16)-5.41%
PT rev (1m)-9.32%
PT rev (3m)-9.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.59%
EPS NY rev (1m)-4.99%
EPS NY rev (3m)-4.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.66%
Valuation
Industry RankSector Rank
PE 6.15
Fwd PE 7.71
P/S 2.97
P/FCF 3.34
P/OCF 3.34
P/B 0.76
P/tB 0.76
EV/EBITDA N/A
EPS(TTM)1.57
EY16.26%
EPS(NY)1.25
Fwd EY12.97%
FCF(TTM)2.89
FCFY29.97%
OCF(TTM)2.89
OCFY29.97%
SpS3.25
BVpS12.64
TBVpS12.64
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.1317 (118.87%)
Profitability
Industry RankSector Rank
ROA 3.53%
ROE 8.38%
ROCE 5.5%
ROIC 4.35%
ROICexc 4.4%
ROICexgc 4.41%
OM 49.67%
PM (TTM) 32.63%
GM 52.25%
FCFM 89.09%
ROA(3y)3.61%
ROA(5y)3.56%
ROE(3y)8.2%
ROE(5y)8.04%
ROIC(3y)5.25%
ROIC(5y)5.25%
ROICexc(3y)5.33%
ROICexc(5y)5.33%
ROICexgc(3y)5.33%
ROICexgc(5y)5.33%
ROCE(3y)6.64%
ROCE(5y)6.65%
ROICexgc growth 3Y-5.35%
ROICexgc growth 5Y10.24%
ROICexc growth 3Y-5.37%
ROICexc growth 5Y10.24%
OM growth 3Y-8.08%
OM growth 5Y-4.8%
PM growth 3Y28.48%
PM growth 5Y-20.35%
GM growth 3Y-7.78%
GM growth 5Y-4.67%
F-Score5
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF 5.77
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.9
Cash Conversion N/A
Profit Quality 273.07%
Current Ratio 0.53
Quick Ratio 0.53
Altman-Z 0.42
F-Score5
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)143.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.31%
EPS 3Y-9.24%
EPS 5Y-3.02%
EPS Q2Q%-22.92%
EPS Next Y-20.25%
EPS Next 2Y-12.44%
EPS Next 3Y-11.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.84%
Revenue growth 3Y0.75%
Revenue growth 5Y16.14%
Sales Q2Q%-34.92%
Revenue Next Year-11.93%
Revenue Next 2Y-8.04%
Revenue Next 3Y-6.22%
Revenue Next 5YN/A
EBIT growth 1Y-28.11%
EBIT growth 3Y-7.39%
EBIT growth 5Y10.56%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y13155.3%
FCF growth 3Y128.22%
FCF growth 5Y14.46%
OCF growth 1Y13155.3%
OCF growth 3Y128.22%
OCF growth 5Y14.46%

GOLDMAN SACHS BDC INC / GSBD Fundamental Analysis FAQ

What is the fundamental rating for GSBD stock?

ChartMill assigns a fundamental rating of 3 / 10 to GSBD.


What is the valuation status of GOLDMAN SACHS BDC INC (GSBD) stock?

ChartMill assigns a valuation rating of 6 / 10 to GOLDMAN SACHS BDC INC (GSBD). This can be considered as Fairly Valued.


What is the profitability of GSBD stock?

GOLDMAN SACHS BDC INC (GSBD) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for GSBD stock?

The Price/Earnings (PE) ratio for GOLDMAN SACHS BDC INC (GSBD) is 6.15 and the Price/Book (PB) ratio is 0.76.


How sustainable is the dividend of GOLDMAN SACHS BDC INC (GSBD) stock?

The dividend rating of GOLDMAN SACHS BDC INC (GSBD) is 5 / 10 and the dividend payout ratio is 195.79%.