GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis
USA - NYSE:GSBD - US38147U1079 - Common Stock
11.225 USD
-0.03 (-0.22%)
Taking everything into account, GSBD scores 5 out of 10 in our fundamental rating. GSBD was compared to 237 industry peers in the Capital Markets industry. GSBD has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year GSBD had a positive cash flow from operations.
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
GSBD's Return On Assets of 4.27% is fine compared to the rest of the industry. GSBD outperforms 62.03% of its industry peers.
GSBD has a Return On Equity (9.61%) which is comparable to the rest of the 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.
The Average Return On Invested Capital over the past 3 years for GSBD is below the industry average of 7.61%.
| 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
The Profit Margin of GSBD (36.18%) is better than 78.06% 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 89.87% of its industry peers.
GSBD's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 57.09%, GSBD is doing good in the industry, outperforming 67.09% of the companies in the same industry.
In the last couple of years the Gross Margin of GSBD has remained more or less at the same level.
| 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.
Compared to 5 years ago, GSBD has more shares outstanding
GSBD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
GSBD has a Altman-Z score of 0.57. This is in the lower half of the industry: GSBD underperforms 60.76% of its industry peers.
GSBD has a debt to FCF ratio of 4.23. This is a neutral value as GSBD would need 4.23 years to pay back of all of its debts.
GSBD has a better Debt to FCF ratio (4.23) than 73.84% of its industry peers.
A Debt/Equity ratio of 1.19 is on the high side and indicates that GSBD has dependencies on debt financing.
GSBD has a worse Debt to Equity ratio (1.19) than 60.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 4.23 | ||
| Altman-Z | 0.57 |
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.
Looking at the Current ratio, with a value of 1.12, GSBD is in line with its industry, outperforming 50.21% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that GSBD should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.12, GSBD is in line with its industry, outperforming 51.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for GSBD have decreased strongly by -19.83% in the last year.
The Earnings Per Share has been growing slightly by 2.14% on average over the past years.
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
Based on estimates for the next years, GSBD will show a very negative growth in Revenue. The Revenue will decrease by -10.39% on average per year.
EPS Next Y-28.27%
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
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
Based on the Price/Earnings ratio of 6.03, the valuation of GSBD can be described as very cheap.
Based on the Price/Earnings ratio, GSBD is valued cheaper than 92.83% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, GSBD is valued rather cheaply.
The Price/Forward Earnings ratio is 8.34, which indicates a very decent valuation of GSBD.
GSBD's Price/Forward Earnings ratio is rather cheap when compared to the industry. GSBD is cheaper than 84.81% of the companies in the same industry.
GSBD is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 8.34 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, GSBD is valued cheaply inside the industry as 87.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.01 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of GSBD may justify a higher PE ratio.
A cheap valuation may be justified as GSBD's earnings are expected to decrease with -16.50% in the coming years.
PEG (NY)N/A
PEG (5Y)2.82
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
5. Dividend
5.1 Amount
GSBD has a Yearly Dividend Yield of 11.20%, which is a nice return.
GSBD's Dividend Yield is a higher than the industry average which is at 7.96.
GSBD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.2% |
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
148.78% of the earnings are spent on dividend by GSBD. 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.
DP148.78%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
NYSE:GSBD (9/18/2025, 11:08:09 AM)
11.225
-0.03 (-0.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners31.9%
Inst Owner Change26.09%
Ins Owners0.11%
Ins Owner Change0%
Market Cap1.28B
Analysts46.67
Price Target11.14 (-0.76%)
Short Float %2.45%
Short Ratio4.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.2% |
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)-1.5%
PT rev (3m)-1.5%
EPS NQ rev (1m)-4.55%
EPS NQ rev (3m)-6.96%
EPS NY rev (1m)-2.99%
EPS NY rev (3m)-3.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.49%
Revenue NY rev (1m)-3.12%
Revenue NY rev (3m)-3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 8.34 | ||
| P/S | 3.19 | ||
| P/FCF | 3.01 | ||
| P/OCF | 3.01 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.86
EY16.57%
EPS(NY)1.35
Fwd EY11.99%
FCF(TTM)3.73
FCFY33.22%
OCF(TTM)3.73
OCFY33.22%
SpS3.52
BVpS13.26
TBVpS13.26
PEG (NY)N/A
PEG (5Y)2.82
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%
ROICexcg growth 3Y2.08%
ROICexcg 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 | 0.57 |
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-28.27%
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