6.05 USD
-0.14 (-2.26%)
6.05 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to TCPC. TCPC was compared to 237 industry peers in the Capital Markets industry. TCPC has only an average score on both its financial health and profitability. TCPC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TCPC was profitable.
TCPC had a positive operating cash flow in the past year.
In multiple years TCPC reported negative net income over the last 5 years.
Of the past 5 years TCPC 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.51%, TCPC is doing worse than 75.53% of the companies in the same industry.
TCPC has a worse Return On Equity (-1.24%) than 73.84% of its industry peers.
With a decent Return On Invested Capital value of 5.35%, TCPC is doing good in the industry, outperforming 70.04% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TCPC is below the industry average of 6.99%.
The 3 year average ROIC (4.88%) for TCPC is below the current ROIC(5.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.51% | ||
| ROE | -1.24% | ||
| ROIC | 5.35% |
ROA(3y)-0.52%
ROA(5y)1.96%
ROE(3y)-1.23%
ROE(5y)4.36%
ROIC(3y)4.88%
ROIC(5y)4.36%
1.3 Margins
With an excellent Operating Margin value of 55.40%, TCPC belongs to the best of the industry, outperforming 93.25% of the companies in the same industry.
In the last couple of years the Operating Margin of TCPC has remained more or less at the same level.
TCPC has a Gross Margin of 57.72%. This is in the better half of the industry: TCPC outperforms 68.35% of its industry peers.
TCPC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.4% | ||
| PM (TTM) | N/A | ||
| GM | 57.72% |
OM growth 3Y5.11%
OM growth 5Y0.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.92%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
Compared to 1 year ago, TCPC has more shares outstanding
TCPC has more shares outstanding than it did 5 years ago.
TCPC has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.10, we must say that TCPC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.10, TCPC is not doing good in the industry: 77.64% of the companies in the same industry are doing better.
The Debt to FCF ratio of TCPC is 5.65, which is a neutral value as it means it would take TCPC, 5.65 years of fcf income to pay off all of its debts.
TCPC has a better Debt to FCF ratio (5.65) than 67.93% of its industry peers.
TCPC has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
TCPC has a Debt to Equity ratio of 1.42. This is in the lower half of the industry: TCPC underperforms 70.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 5.65 | ||
| Altman-Z | -0.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
TCPC has a Current Ratio of 3.62. This indicates that TCPC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.62, TCPC belongs to the top of the industry, outperforming 81.86% of the companies in the same industry.
TCPC has a Quick Ratio of 3.62. This indicates that TCPC is financially healthy and has no problem in meeting its short term obligations.
TCPC's Quick ratio of 3.62 is amongst the best of the industry. TCPC outperforms 81.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.62 | ||
| Quick Ratio | 3.62 |
3. Growth
3.1 Past
The earnings per share for TCPC have decreased strongly by -20.36% in the last year.
The Earnings Per Share has been decreasing by -0.37% on average over the past years.
TCPC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.01%.
TCPC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.85% yearly.
EPS 1Y (TTM)-20.36%
EPS 3Y8.06%
EPS 5Y-0.37%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)-12.01%
Revenue growth 3Y16.26%
Revenue growth 5Y5.85%
Sales Q2Q%-28.78%
3.2 Future
TCPC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.42% yearly.
TCPC is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -13.17% yearly.
EPS Next Y-21.74%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
EPS Next 5YN/A
Revenue Next Year-21.57%
Revenue Next 2Y-16.61%
Revenue Next 3Y-13.17%
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
The Price/Earnings ratio is 4.55, which indicates a rather cheap valuation of TCPC.
Based on the Price/Earnings ratio, TCPC is valued cheaply inside the industry as 95.36% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.59. TCPC is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.15, the valuation of TCPC can be described as very cheap.
TCPC's Price/Forward Earnings ratio is rather cheap when compared to the industry. TCPC is cheaper than 88.19% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TCPC to the average of the S&P500 Index (23.80), we can say TCPC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.55 | ||
| Fwd PE | 7.15 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TCPC is valued cheaper than 90.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as TCPC's earnings are expected to decrease with -23.42% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.31%, TCPC is a good candidate for dividend investing.
TCPC's Dividend Yield is rather good when compared to the industry average which is at 8.31. TCPC pays more dividend than 91.56% of the companies in the same industry.
TCPC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.31% |
5.2 History
The dividend of TCPC has a limited annual growth rate of 3.58%.
TCPC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TCPC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-1212.12%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
6.05
-0.14 (-2.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners26.07%
Inst Owner Change11.11%
Ins Owners0.21%
Ins Owner Change0%
Market Cap513.28M
Revenue(TTM)219.12M
Net Income(TTM)-9.19M
Analysts46.67
Price Target6.63 (9.59%)
Short Float %3.24%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.31% |
Yearly Dividend1.72
Dividend Growth(5Y)3.58%
DP-1212.12%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.24%
Min EPS beat(2)-5.91%
Max EPS beat(2)1.42%
EPS beat(4)2
Avg EPS beat(4)-1.09%
Min EPS beat(4)-5.91%
Max EPS beat(4)5.04%
EPS beat(8)3
Avg EPS beat(8)-3.19%
EPS beat(12)6
Avg EPS beat(12)-0.93%
EPS beat(16)9
Avg EPS beat(16)1.41%
Revenue beat(2)0
Avg Revenue beat(2)-5.17%
Min Revenue beat(2)-7.43%
Max Revenue beat(2)-2.91%
Revenue beat(4)0
Avg Revenue beat(4)-5.94%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)-2.91%
Revenue beat(8)3
Avg Revenue beat(8)-2.51%
Revenue beat(12)6
Avg Revenue beat(12)-0.84%
Revenue beat(16)8
Avg Revenue beat(16)-0.39%
PT rev (1m)-9.3%
PT rev (3m)-9.3%
EPS NQ rev (1m)-1.3%
EPS NQ rev (3m)-8.55%
EPS NY rev (1m)0.83%
EPS NY rev (3m)-6.05%
Revenue NQ rev (1m)-4.15%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)-1.37%
Revenue NY rev (3m)-2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.55 | ||
| Fwd PE | 7.15 | ||
| P/S | 2.34 | ||
| P/FCF | 2.76 | ||
| P/OCF | 2.76 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.33
EY21.98%
EPS(NY)0.85
Fwd EY13.99%
FCF(TTM)2.19
FCFY36.25%
OCF(TTM)2.19
OCFY36.25%
SpS2.58
BVpS8.72
TBVpS8.72
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.51% | ||
| ROE | -1.24% | ||
| ROCE | 6.77% | ||
| ROIC | 5.35% | ||
| ROICexc | 5.54% | ||
| ROICexgc | 5.62% | ||
| OM | 55.4% | ||
| PM (TTM) | N/A | ||
| GM | 57.72% | ||
| FCFM | 84.91% |
ROA(3y)-0.52%
ROA(5y)1.96%
ROE(3y)-1.23%
ROE(5y)4.36%
ROIC(3y)4.88%
ROIC(5y)4.36%
ROICexc(3y)5.16%
ROICexc(5y)4.54%
ROICexgc(3y)5.23%
ROICexgc(5y)4.6%
ROCE(3y)6.17%
ROCE(5y)5.51%
ROICexgc growth 3Y22.56%
ROICexgc growth 5Y4.85%
ROICexc growth 3Y22.5%
ROICexc growth 5Y4.81%
OM growth 3Y5.11%
OM growth 5Y0.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.92%
GM growth 5Y-0.19%
F-Score3
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 5.65 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.92 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.62 | ||
| Quick Ratio | 3.62 | ||
| Altman-Z | -0.1 |
F-Score3
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)-20.36%
EPS 3Y8.06%
EPS 5Y-0.37%
EPS Q2Q%-16.67%
EPS Next Y-21.74%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.01%
Revenue growth 3Y16.26%
Revenue growth 5Y5.85%
Sales Q2Q%-28.78%
Revenue Next Year-21.57%
Revenue Next 2Y-16.61%
Revenue Next 3Y-13.17%
Revenue Next 5YN/A
EBIT growth 1Y-1.64%
EBIT growth 3Y22.19%
EBIT growth 5Y6.87%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y112.62%
FCF growth 3YN/A
FCF growth 5Y128.56%
OCF growth 1Y112.62%
OCF growth 3YN/A
OCF growth 5Y128.56%
BLACKROCK TCP CAPITAL CORP / TCPC FAQ
What is the fundamental rating for TCPC stock?
ChartMill assigns a fundamental rating of 4 / 10 to TCPC.
Can you provide the valuation status for BLACKROCK TCP CAPITAL CORP?
ChartMill assigns a valuation rating of 6 / 10 to BLACKROCK TCP CAPITAL CORP (TCPC). This can be considered as Fairly Valued.
What is the profitability of TCPC stock?
BLACKROCK TCP CAPITAL CORP (TCPC) has a profitability rating of 4 / 10.
What is the expected EPS growth for BLACKROCK TCP CAPITAL CORP (TCPC) stock?
The Earnings per Share (EPS) of BLACKROCK TCP CAPITAL CORP (TCPC) is expected to decline by -21.74% in the next year.
How sustainable is the dividend of BLACKROCK TCP CAPITAL CORP (TCPC) stock?
The dividend rating of BLACKROCK TCP CAPITAL CORP (TCPC) is 5 / 10 and the dividend payout ratio is -1212.12%.