GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis
USA - NYSE:GSBD - US38147U1079 - Common Stock
9.74 USD
-0.05 (-0.51%)
9.7908 USD
+0.05 (+0.52%)
GSBD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. While GSBD is still in line with the averages on profitability rating, there are concerns on its financial health. GSBD has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
GSBD had positive earnings in the past year.
GSBD had a positive operating cash flow in the past year.
GSBD had positive earnings in each of the past 5 years.
GSBD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
GSBD's Return On Assets of 4.27% is fine compared to the rest of the industry. GSBD outperforms 62.45% of its industry peers.
Looking at the Return On Equity, with a value of 9.61%, GSBD is in line with its industry, outperforming 54.43% of the companies in the same industry.
GSBD's Return On Invested Capital of 5.22% is fine compared to the rest of the industry. GSBD outperforms 64.56% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GSBD is below the industry average of 7.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.27% | ||
| ROE | 9.61% | ||
| ROIC | 5.22% |
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
1.3 Margins
GSBD has a better Profit Margin (36.18%) than 78.90% of its industry peers.
In the last couple of years the Profit Margin of GSBD has declined.
GSBD has a better Operating Margin (54.41%) than 90.72% of its industry peers.
In the last couple of years the Operating Margin of GSBD has remained more or less at the same level.
GSBD has a better Gross Margin (57.09%) than 68.78% of its industry peers.
GSBD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.41% | ||
| PM (TTM) | 36.18% | ||
| GM | 57.09% |
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
GSBD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GSBD has been increased compared to 5 years ago.
GSBD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.51, GSBD is doing worse than 64.13% of the companies in the same industry.
The Debt to FCF ratio of GSBD is 4.23, which is a neutral value as it means it would take GSBD, 4.23 years of fcf income to pay off all of its debts.
GSBD's Debt to FCF ratio of 4.23 is fine compared to the rest of the industry. GSBD outperforms 75.53% of its industry peers.
GSBD has a Debt/Equity ratio of 1.19. This is a high value indicating a heavy dependency on external financing.
GSBD has a worse Debt to Equity ratio (1.19) than 61.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 4.23 | ||
| Altman-Z | 0.51 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.12 indicates that GSBD should not have too much problems paying its short term obligations.
With a Current ratio value of 1.12, GSBD perfoms like the industry average, outperforming 48.52% of the companies in the same industry.
GSBD has a Quick Ratio of 1.12. This is a normal value and indicates that GSBD is financially healthy and should not expect problems in meeting its short term obligations.
GSBD has a Quick ratio (1.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
GSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.83%.
Measured over the past 5 years, GSBD shows a small growth in Earnings Per Share. The EPS has been growing by 2.14% on average per year.
GSBD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.74%.
GSBD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.15% yearly.
EPS 1Y (TTM)-19.83%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-34.48%
Revenue 1Y (TTM)-11.74%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-21%
3.2 Future
The Earnings Per Share is expected to decrease by -16.50% on average over the next years. This is quite bad
GSBD is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.39% yearly.
EPS Next Y-29.09%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
EPS Next 5YN/A
Revenue Next Year-15.65%
Revenue Next 2Y-11.29%
Revenue Next 3Y-10.39%
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 5.24, the valuation of GSBD can be described as very cheap.
Based on the Price/Earnings ratio, GSBD is valued cheaper than 92.41% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.67, GSBD is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.23, the valuation of GSBD can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GSBD indicates a rather cheap valuation: GSBD is cheaper than 86.92% of the companies listed in the same industry.
GSBD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 31.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.24 | ||
| Fwd PE | 7.23 |
4.2 Price Multiples
90.30% of the companies in the same industry are more expensive than GSBD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.61 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of GSBD may justify a higher PE ratio.
GSBD's earnings are expected to decrease with -16.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.45
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
5. Dividend
5.1 Amount
GSBD has a Yearly Dividend Yield of 12.92%, which is a nice return.
GSBD's Dividend Yield is rather good when compared to the industry average which is at 8.37. GSBD pays more dividend than 81.86% of the companies in the same industry.
GSBD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.92% |
5.2 History
The dividend of GSBD has a limited annual growth rate of 0.10%.
GSBD has paid a dividend for at least 10 years, which is a reliable track record.
GSBD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.1%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
148.78% of the earnings are spent on dividend by GSBD. This is not a sustainable payout ratio.
GSBD's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP148.78%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
9.74
-0.05 (-0.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners33.43%
Inst Owner Change-20.64%
Ins Owners0.14%
Ins Owner Change0%
Market Cap1.11B
Revenue(TTM)402.12M
Net Income(TTM)145.47M
Analysts46.67
Price Target11.14 (14.37%)
Short Float %2.49%
Short Ratio3.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.92% |
Yearly Dividend1.74
Dividend Growth(5Y)0.1%
DP148.78%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.68%
Min EPS beat(2)-5.68%
Max EPS beat(2)-3.68%
EPS beat(4)1
Avg EPS beat(4)-2.85%
Min EPS beat(4)-5.68%
Max EPS beat(4)3.39%
EPS beat(8)3
Avg EPS beat(8)0.29%
EPS beat(12)6
Avg EPS beat(12)2.69%
EPS beat(16)7
Avg EPS beat(16)1.92%
Revenue beat(2)0
Avg Revenue beat(2)-8.93%
Min Revenue beat(2)-11.03%
Max Revenue beat(2)-6.82%
Revenue beat(4)0
Avg Revenue beat(4)-6.57%
Min Revenue beat(4)-11.03%
Max Revenue beat(4)-2.33%
Revenue beat(8)2
Avg Revenue beat(8)-3.48%
Revenue beat(12)4
Avg Revenue beat(12)-2.94%
Revenue beat(16)5
Avg Revenue beat(16)-3.79%
PT rev (1m)0%
PT rev (3m)-1.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.24 | ||
| Fwd PE | 7.23 | ||
| P/S | 2.76 | ||
| P/FCF | 2.61 | ||
| P/OCF | 2.61 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.86
EY19.1%
EPS(NY)1.35
Fwd EY13.82%
FCF(TTM)3.73
FCFY38.29%
OCF(TTM)3.73
OCFY38.29%
SpS3.52
BVpS13.26
TBVpS13.26
PEG (NY)N/A
PEG (5Y)2.45
Graham Number23.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.27% | ||
| ROE | 9.61% | ||
| ROCE | 6.6% | ||
| ROIC | 5.22% | ||
| ROICexc | 5.39% | ||
| ROICexgc | 5.39% | ||
| OM | 54.41% | ||
| PM (TTM) | 36.18% | ||
| GM | 57.09% | ||
| FCFM | 105.82% |
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
ROICexc(3y)5.59%
ROICexc(5y)4.99%
ROICexgc(3y)5.6%
ROICexgc(5y)4.99%
ROCE(3y)6.97%
ROCE(5y)6.23%
ROICexgc growth 3Y2.08%
ROICexgc growth 5Y5.75%
ROICexc growth 3Y2.1%
ROICexc growth 5Y5.76%
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
F-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 4.23 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 292.51% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 0.51 |
F-Score7
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)69.08%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.83%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-34.48%
EPS Next Y-29.09%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.74%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-21%
Revenue Next Year-15.65%
Revenue Next 2Y-11.29%
Revenue Next 3Y-10.39%
Revenue Next 5YN/A
EBIT growth 1Y-16.65%
EBIT growth 3Y2.08%
EBIT growth 5Y25.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y201.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y201.57%
OCF growth 3YN/A
OCF growth 5YN/A
GOLDMAN SACHS BDC INC / GSBD FAQ
What is the fundamental rating for GSBD stock?
ChartMill assigns a fundamental rating of 5 / 10 to GSBD.
Can you provide the valuation status for GOLDMAN SACHS BDC INC?
ChartMill assigns a valuation rating of 7 / 10 to GOLDMAN SACHS BDC INC (GSBD). This can be considered as Undervalued.
Can you provide the profitability details for GOLDMAN SACHS BDC INC?
GOLDMAN SACHS BDC INC (GSBD) has a profitability rating of 6 / 10.
What are the PE and PB ratios of GOLDMAN SACHS BDC INC (GSBD) stock?
The Price/Earnings (PE) ratio for GOLDMAN SACHS BDC INC (GSBD) is 5.24 and the Price/Book (PB) ratio is 0.73.
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 148.78%.