GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:GSBD • US38147U1079
9.4 USD
-0.02 (-0.21%)
Last: Feb 2, 2026, 12:39 PM
We assign a fundamental rating of 5 out of 10 to GSBD. GSBD was compared to 238 industry peers in the Capital Markets industry. There are concerns on the financial health of GSBD while its profitability can be described as average. GSBD is valued quite cheap, but it does not seem to be growing.
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.
- In the past 5 years GSBD has always been profitable.
- GSBD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.93%, GSBD is in the better half of the industry, outperforming 60.08% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 9.15%, GSBD is in line with its industry, outperforming 54.20% of the companies in the same industry.
- GSBD's Return On Invested Capital of 4.69% is fine compared to the rest of the industry. GSBD outperforms 63.03% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for GSBD is in line with the industry average of 7.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 9.15% | ||
| ROIC | 4.69% |
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 (34.72%) than 80.25% of its industry peers.
- In the last couple of years the Profit Margin of GSBD has declined.
- Looking at the Operating Margin, with a value of 51.12%, GSBD belongs to the top of the industry, outperforming 89.50% of the companies in the same industry.
- In the last couple of years the Operating Margin of GSBD has remained more or less at the same level.
- GSBD has a Gross Margin of 53.81%. This is in the better half of the industry: GSBD outperforms 62.18% of its industry peers.
- GSBD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.12% | ||
| PM (TTM) | 34.72% | ||
| GM | 53.81% |
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.
- The debt/assets ratio for GSBD is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.46, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
- GSBD's Altman-Z score of 0.46 is on the low side compared to the rest of the industry. GSBD is outperformed by 62.18% of its industry peers.
- The Debt to FCF ratio of GSBD is 5.00, which is a neutral value as it means it would take GSBD, 5.00 years of fcf income to pay off all of its debts.
- GSBD has a Debt to FCF ratio of 5.00. This is in the better half of the industry: GSBD outperforms 71.01% of its industry peers.
- GSBD has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.27, GSBD is not doing good in the industry: 63.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 0.46 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- GSBD has a Current Ratio of 1.34. 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 Current ratio of 1.34. This is in the better half of the industry: GSBD outperforms 64.29% of its industry peers.
- A Quick Ratio of 1.34 indicates that GSBD should not have too much problems paying its short term obligations.
- GSBD has a Quick ratio of 1.34. This is in the better half of the industry: GSBD outperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
- GSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.66%.
- GSBD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.14% yearly.
- Looking at the last year, GSBD shows a very negative growth in Revenue. The Revenue has decreased by -14.05% in the last year.
- The Revenue has been growing by 24.15% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%
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 -17.40% yearly.
- The Revenue is expected to decrease by -10.41% on average over the next years. This is quite bad
EPS Next Y-31.44%
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
EPS Next 5YN/A
Revenue Next Year-15.62%
Revenue Next 2Y-13.51%
Revenue Next 3Y-10.41%
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.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 5.60, which indicates a rather cheap valuation of GSBD.
- Based on the Price/Earnings ratio, GSBD is valued cheaper than 88.24% of the companies in the same industry.
- When comparing the Price/Earnings ratio of GSBD to the average of the S&P500 Index (28.32), we can say GSBD is valued rather cheaply.
- A Price/Forward Earnings ratio of 7.13 indicates a rather cheap valuation of GSBD.
- Based on the Price/Forward Earnings ratio, GSBD is valued cheaper than 88.24% of the companies in the same industry.
- GSBD is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.6 | ||
| Fwd PE | 7.13 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GSBD indicates a rather cheap valuation: GSBD is cheaper than 90.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- GSBD has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as GSBD's earnings are expected to decrease with -17.40% in the coming years.
PEG (NY)N/A
PEG (5Y)2.61
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
5. Dividend
5.1 Amount
- GSBD has a Yearly Dividend Yield of 13.62%, which is a nice return.
- Compared to an average industry Dividend Yield of 6.02, GSBD pays a better dividend. On top of this GSBD pays more dividend than 86.55% of the companies listed in the same industry.
- GSBD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.62% |
5.2 History
- The dividend of GSBD has a limited annual growth rate of 0.10%.
- GSBD has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of GSBD decreased in the last 3 years.
Dividend Growth(5Y)0.1%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- GSBD pays out 169.14% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of GSBD has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP169.14%
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
GOLDMAN SACHS BDC INC / GSBD FAQ
What is the fundamental rating for GSBD stock?
ChartMill assigns a fundamental rating of 5 / 10 to GSBD.
What is the valuation status of GOLDMAN SACHS BDC INC (GSBD) stock?
ChartMill assigns a valuation rating of 7 / 10 to GOLDMAN SACHS BDC INC (GSBD). This can be considered as Undervalued.
How profitable is GOLDMAN SACHS BDC INC (GSBD) stock?
GOLDMAN SACHS BDC INC (GSBD) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for GSBD stock?
The Price/Earnings (PE) ratio for GOLDMAN SACHS BDC INC (GSBD) is 5.6 and the Price/Book (PB) ratio is 0.74.
How financially healthy is GOLDMAN SACHS BDC INC?
The financial health rating of GOLDMAN SACHS BDC INC (GSBD) is 3 / 10.