GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSBD - US38147U1079 - Common Stock
10.08 USD
-0.04 (-0.4%)
10.08 USD
0 (0%)
Overall GSBD gets a fundamental rating of 5 out of 10. We evaluated GSBD against 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 cheap, but on the other hand it scores bad on growth.
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 has a Return On Assets of 3.93%. This is in the better half of the industry: GSBD outperforms 63.03% of its industry peers.
With a Return On Equity value of 9.15%, GSBD perfoms like the industry average, outperforming 55.88% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.69%, GSBD is doing good in the industry, outperforming 63.87% of the companies in the same industry.
GSBD had an Average Return On Invested Capital over the past 3 years of 5.51%. This is in line with the industry average of 6.95%.
| 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
With a decent Profit Margin value of 34.72%, GSBD is doing good in the industry, outperforming 79.41% of the companies in the same industry.
In the last couple of years the Profit Margin of GSBD has declined.
GSBD has a Operating Margin of 51.12%. This is amongst the best in the industry. GSBD outperforms 89.08% of its industry peers.
GSBD's Operating Margin has been stable in the last couple of years.
GSBD's Gross Margin of 53.81% is fine compared to the rest of the industry. GSBD outperforms 65.55% 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.
GSBD has more shares outstanding than it did 5 years ago.
GSBD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.49, 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 0.49, GSBD is doing worse than 63.03% of the companies in the same industry.
GSBD has a debt to FCF ratio of 5.00. This is a neutral value as GSBD would need 5.00 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.00, GSBD is doing good in the industry, outperforming 71.43% of the companies in the same industry.
GSBD has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
GSBD has a worse Debt to Equity ratio (1.27) than 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 0.49 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.34 indicates that GSBD should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.34, GSBD is doing good in the industry, outperforming 63.45% of the companies in the same industry.
GSBD has a Quick 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.
The Quick ratio of GSBD (1.34) is better than 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The earnings per share for GSBD have decreased strongly by -25.66% in the last year.
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.
The Revenue for GSBD has decreased by -14.05% in the past year. This is quite bad
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 -16.50% yearly.
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.
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 6.00, which indicates a rather cheap valuation of GSBD.
Based on the Price/Earnings ratio, GSBD is valued cheaply inside the industry as 90.76% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.46, GSBD is valued rather cheaply.
The Price/Forward Earnings ratio is 7.49, which indicates a rather cheap valuation of GSBD.
86.97% of the companies in the same industry are more expensive than GSBD, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of GSBD to the average of the S&P500 Index (36.10), we can say GSBD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6 | ||
| Fwd PE | 7.49 |
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 88.24% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.12 | ||
| 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)2.8
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
5. Dividend
5.1 Amount
GSBD has a Yearly Dividend Yield of 12.90%, which is a nice return.
Compared to an average industry Dividend Yield of 8.39, GSBD pays a better dividend. On top of this GSBD pays more dividend than 81.09% 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.9% |
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
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-21.59%
EPS Next 3Y-16.5%
10.08
-0.04 (-0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners33.43%
Inst Owner Change-22.18%
Ins Owners0.14%
Ins Owner Change0.17%
Market Cap1.15B
Revenue(TTM)383.31M
Net Income(TTM)133.09M
Analysts46.67
Price Target10.46 (3.77%)
Short Float %1.72%
Short Ratio1.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.9% |
Yearly Dividend1.74
Dividend Growth(5Y)0.1%
DP169.14%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-5.68%
Max EPS beat(2)6.71%
EPS beat(4)1
Avg EPS beat(4)-2.02%
Min EPS beat(4)-5.68%
Max EPS beat(4)6.71%
EPS beat(8)3
Avg EPS beat(8)-0.17%
EPS beat(12)6
Avg EPS beat(12)1.63%
EPS beat(16)8
Avg EPS beat(16)2.43%
Revenue beat(2)0
Avg Revenue beat(2)-6.53%
Min Revenue beat(2)-11.03%
Max Revenue beat(2)-2.03%
Revenue beat(4)0
Avg Revenue beat(4)-5.55%
Min Revenue beat(4)-11.03%
Max Revenue beat(4)-2.03%
Revenue beat(8)1
Avg Revenue beat(8)-4.43%
Revenue beat(12)3
Avg Revenue beat(12)-3.98%
Revenue beat(16)4
Avg Revenue beat(16)-4.52%
PT rev (1m)-6.11%
PT rev (3m)-6.11%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-2.72%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)-4.64%
Revenue NQ rev (3m)-4.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6 | ||
| Fwd PE | 7.49 | ||
| P/S | 3 | ||
| P/FCF | 3.12 | ||
| P/OCF | 3.12 | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.68
EY16.67%
EPS(NY)1.35
Fwd EY13.36%
FCF(TTM)3.23
FCFY32.05%
OCF(TTM)3.23
OCFY32.05%
SpS3.36
BVpS12.75
TBVpS12.75
PEG (NY)N/A
PEG (5Y)2.8
Graham Number21.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 9.15% | ||
| ROCE | 5.94% | ||
| ROIC | 4.69% | ||
| ROICexc | 4.86% | ||
| ROICexgc | 4.86% | ||
| OM | 51.12% | ||
| PM (TTM) | 34.72% | ||
| GM | 53.81% | ||
| FCFM | 96.18% |
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-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.98 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 277.01% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 0.49 |
F-Score6
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)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
EPS Next Y-29.09%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%
Revenue Next Year-15.65%
Revenue Next 2Y-11.29%
Revenue Next 3Y-10.39%
Revenue Next 5YN/A
EBIT growth 1Y-24%
EBIT growth 3Y2.08%
EBIT growth 5Y25.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.85%
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 6 and the Price/Book (PB) ratio is 0.79.
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 169.14%.