MAIN STREET CAPITAL CORP (MAIN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MAIN - US56035L1044 - Common Stock
63.96 USD
-0.24 (-0.37%)
63.96 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MAIN. MAIN was compared to 237 industry peers in the Capital Markets industry. MAIN scores excellent on profitability, but there are some minor concerns on its financial health. MAIN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year MAIN was profitable.
- MAIN had a positive operating cash flow in the past year.
- In the past 5 years MAIN has always been profitable.
- In the past 5 years MAIN reported 4 times negative operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 10.16%, MAIN belongs to the top of the industry, outperforming 87.66% of the companies in the same industry.
- With an excellent Return On Equity value of 18.28%, MAIN belongs to the best of the industry, outperforming 84.26% of the companies in the same industry.
- MAIN has a better Return On Invested Capital (5.54%) than 71.49% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MAIN is in line with the industry average of 7.16%.
- The last Return On Invested Capital (5.54%) for MAIN is above the 3 year average (5.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 18.28% | ||
| ROIC | 5.54% |
ROA(3y)8.42%
ROA(5y)7.06%
ROE(3y)15.64%
ROE(5y)13.47%
ROIC(3y)5.48%
ROIC(5y)4.88%
1.3 Margins
- MAIN's Profit Margin of 95.59% is amongst the best of the industry. MAIN outperforms 96.60% of its industry peers.
- MAIN's Profit Margin has improved in the last couple of years.
- MAIN has a Operating Margin of 64.67%. This is amongst the best in the industry. MAIN outperforms 97.45% of its industry peers.
- In the last couple of years the Operating Margin of MAIN has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 76.81%, MAIN belongs to the top of the industry, outperforming 83.83% of the companies in the same industry.
- MAIN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.67% | ||
| PM (TTM) | 95.59% | ||
| GM | 76.81% |
OM growth 3Y1.25%
OM growth 5Y0.3%
PM growth 3Y-6.38%
PM growth 5Y12.02%
GM growth 3Y-1.04%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
- MAIN has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MAIN has more shares outstanding
- Compared to 1 year ago, MAIN has a worse debt to assets ratio.
2.2 Solvency
- MAIN has an Altman-Z score of 1.93. This is not the best score and indicates that MAIN is in the grey zone with still only limited risk for bankruptcy at the moment.
- MAIN's Altman-Z score of 1.93 is fine compared to the rest of the industry. MAIN outperforms 69.36% of its industry peers.
- The Debt to FCF ratio of MAIN is 6.77, which is on the high side as it means it would take MAIN, 6.77 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of MAIN (6.77) is better than 65.53% of its industry peers.
- A Debt/Equity ratio of 0.73 indicates that MAIN is somewhat dependend on debt financing.
- MAIN has a Debt to Equity ratio (0.73) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6.77 | ||
| Altman-Z | 1.93 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- MAIN has a Current Ratio of 1.17. This is a normal value and indicates that MAIN is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.17, MAIN is in line with its industry, outperforming 55.32% of the companies in the same industry.
- A Quick Ratio of 1.17 indicates that MAIN should not have too much problems paying its short term obligations.
- The Quick ratio of MAIN (1.17) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
- MAIN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.39%.
- MAIN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.20% yearly.
- Looking at the last year, MAIN shows a small growth in Revenue. The Revenue has grown by 5.92% in the last year.
- The Revenue has been growing by 17.32% on average over the past years. This is quite good.
EPS 1Y (TTM)-3.39%
EPS 3Y15.62%
EPS 5Y10.2%
EPS Q2Q%-3%
Revenue 1Y (TTM)5.92%
Revenue growth 3Y23.25%
Revenue growth 5Y17.32%
Sales Q2Q%34.26%
3.2 Future
- MAIN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.63% yearly.
- The Revenue is expected to decrease by -5.84% on average over the next years.
EPS Next Y-1.5%
EPS Next 2Y-1.28%
EPS Next 3Y-0.63%
EPS Next 5YN/A
Revenue Next Year3.18%
Revenue Next 2Y2.71%
Revenue Next 3Y-5.84%
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
- A Price/Earnings ratio of 16.03 indicates a correct valuation of MAIN.
- MAIN's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of MAIN to the average of the S&P500 Index (27.47), we can say MAIN is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 16.09, the valuation of MAIN can be described as correct.
- MAIN's Price/Forward Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, MAIN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.03 | ||
| Fwd PE | 16.09 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, MAIN is valued a bit cheaper than the industry average as 65.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.04 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The excellent profitability rating of MAIN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.57
EPS Next 2Y-1.28%
EPS Next 3Y-0.63%
5. Dividend
5.1 Amount
- MAIN has a Yearly Dividend Yield of 4.86%, which is a nice return.
- Compared to an average industry Dividend Yield of 6.12, MAIN has a dividend in line with its industry peers.
- MAIN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
- On average, the dividend of MAIN grows each year by 7.16%, which is quite nice.
- MAIN has been paying a dividend for at least 10 years, so it has a reliable track record.
- MAIN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.16%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- MAIN pays out 62.65% of its income as dividend. This is not a sustainable payout ratio.
- MAIN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP62.65%
EPS Next 2Y-1.28%
EPS Next 3Y-0.63%
63.96
-0.24 (-0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-25 2026-02-25/amc
Inst Owners23.77%
Inst Owner Change-1.23%
Ins Owners1.59%
Ins Owner Change-0.45%
Market Cap5.73B
Revenue(TTM)561.29M
Net Income(TTM)536.52M
Analysts72.86
Price Target63.39 (-0.89%)
Short Float %7.07%
Short Ratio11.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
Yearly Dividend3.7
Dividend Growth(5Y)7.16%
DP62.65%
Div Incr Years4
Div Non Decr Years4
Ex-Date03-06 2026-03-06 (0.26)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.25%
Min EPS beat(2)-2.92%
Max EPS beat(2)-1.58%
EPS beat(4)0
Avg EPS beat(4)-2.33%
Min EPS beat(4)-3.29%
Max EPS beat(4)-1.55%
EPS beat(8)1
Avg EPS beat(8)-1.79%
EPS beat(12)4
Avg EPS beat(12)-0.1%
EPS beat(16)8
Avg EPS beat(16)1.32%
Revenue beat(2)2
Avg Revenue beat(2)15.81%
Min Revenue beat(2)2.86%
Max Revenue beat(2)28.76%
Revenue beat(4)2
Avg Revenue beat(4)6.62%
Min Revenue beat(4)-2.97%
Max Revenue beat(4)28.76%
Revenue beat(8)4
Avg Revenue beat(8)2.98%
Revenue beat(12)7
Avg Revenue beat(12)2.62%
Revenue beat(16)10
Avg Revenue beat(16)3.16%
PT rev (1m)2.43%
PT rev (3m)0.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.03 | ||
| Fwd PE | 16.09 | ||
| P/S | 10.21 | ||
| P/FCF | 18.04 | ||
| P/OCF | 18.04 | ||
| P/B | 1.95 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.99
EY6.24%
EPS(NY)3.98
Fwd EY6.22%
FCF(TTM)3.55
FCFY5.54%
OCF(TTM)3.55
OCFY5.54%
SpS6.27
BVpS32.76
TBVpS32.76
PEG (NY)N/A
PEG (5Y)1.57
Graham Number54.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 18.28% | ||
| ROCE | 7.01% | ||
| ROIC | 5.54% | ||
| ROICexc | 5.57% | ||
| ROICexgc | 5.57% | ||
| OM | 64.67% | ||
| PM (TTM) | 95.59% | ||
| GM | 76.81% | ||
| FCFM | 56.59% |
ROA(3y)8.42%
ROA(5y)7.06%
ROE(3y)15.64%
ROE(5y)13.47%
ROIC(3y)5.48%
ROIC(5y)4.88%
ROICexc(3y)5.55%
ROICexc(5y)4.95%
ROICexgc(3y)5.55%
ROICexgc(5y)4.95%
ROCE(3y)6.93%
ROCE(5y)6.18%
ROICexgc growth 3Y12.2%
ROICexgc growth 5Y3.63%
ROICexc growth 3Y12.2%
ROICexc growth 5Y3.63%
OM growth 3Y1.25%
OM growth 5Y0.3%
PM growth 3Y-6.38%
PM growth 5Y12.02%
GM growth 3Y-1.04%
GM growth 5Y-0.55%
F-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6.77 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 59.2% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 1.93 |
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.39%
EPS 3Y15.62%
EPS 5Y10.2%
EPS Q2Q%-3%
EPS Next Y-1.5%
EPS Next 2Y-1.28%
EPS Next 3Y-0.63%
EPS Next 5YN/A
Revenue 1Y (TTM)5.92%
Revenue growth 3Y23.25%
Revenue growth 5Y17.32%
Sales Q2Q%34.26%
Revenue Next Year3.18%
Revenue Next 2Y2.71%
Revenue Next 3Y-5.84%
Revenue Next 5YN/A
EBIT growth 1Y2.27%
EBIT growth 3Y24.79%
EBIT growth 5Y17.67%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y123.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y123.69%
OCF growth 3YN/A
OCF growth 5YN/A
MAIN STREET CAPITAL CORP / MAIN FAQ
Can you provide the ChartMill fundamental rating for MAIN STREET CAPITAL CORP?
ChartMill assigns a fundamental rating of 5 / 10 to MAIN.
What is the valuation status of MAIN STREET CAPITAL CORP (MAIN) stock?
ChartMill assigns a valuation rating of 4 / 10 to MAIN STREET CAPITAL CORP (MAIN). This can be considered as Fairly Valued.
Can you provide the profitability details for MAIN STREET CAPITAL CORP?
MAIN STREET CAPITAL CORP (MAIN) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for MAIN stock?
The Earnings per Share (EPS) of MAIN STREET CAPITAL CORP (MAIN) is expected to decline by -1.5% in the next year.
Can you provide the dividend sustainability for MAIN stock?
The dividend rating of MAIN STREET CAPITAL CORP (MAIN) is 6 / 10 and the dividend payout ratio is 62.65%.