5.38 USD
-0.11 (-2%)
5.38 USD
0 (0%)
Overall TCPC gets a fundamental rating of 4 out of 10. We evaluated TCPC against 235 industry peers in the Capital Markets industry. Both the profitability and the financial health of TCPC get a neutral evaluation. Nothing too spectacular is happening here. TCPC 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 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.
TCPC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TCPC has a worse Return On Assets (-0.51%) than 74.89% of its industry peers.
TCPC has a worse Return On Equity (-1.24%) than 72.77% of its industry peers.
TCPC has a better Return On Invested Capital (5.35%) than 69.79% of its industry peers.
TCPC had an Average Return On Invested Capital over the past 3 years of 4.88%. This is below the industry average of 7.14%.
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
The Operating Margin of TCPC (55.40%) is better than 93.19% of its industry peers.
TCPC's Operating Margin has been stable in the last couple of years.
The Gross Margin of TCPC (57.72%) is better than 68.94% 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
TCPC has more shares outstanding than it did 1 year ago.
TCPC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TCPC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.13, we must say that TCPC is in the distress zone and has some risk of bankruptcy.
TCPC has a worse Altman-Z score (-0.13) than 74.89% of its industry peers.
TCPC has a debt to FCF ratio of 5.65. This is a neutral value as TCPC would need 5.65 years to pay back of all of its debts.
The Debt to FCF ratio of TCPC (5.65) is better than 68.09% 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 worse Debt to Equity ratio (1.42) than 69.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 5.65 | ||
| Altman-Z | -0.13 |
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.
TCPC's Current ratio of 3.62 is amongst the best of the industry. TCPC outperforms 82.13% of its industry peers.
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.
With an excellent Quick ratio value of 3.62, TCPC belongs to the best of the industry, outperforming 82.13% of the companies in the same industry.
| 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.
TCPC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.37% yearly.
TCPC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.01%.
The Revenue has been growing slightly by 5.85% on average over the past years.
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
Based on estimates for the next years, TCPC will show a very negative growth in Earnings Per Share. The EPS will decrease by -23.42% on average per year.
The Revenue is expected to decrease by -13.17% on average over the next years. This is quite bad
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
TCPC is valuated cheaply with a Price/Earnings ratio of 4.05.
Based on the Price/Earnings ratio, TCPC is valued cheaper than 95.32% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, TCPC is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.35, the valuation of TCPC can be described as very cheap.
Based on the Price/Forward Earnings ratio, TCPC is valued cheaper than 91.91% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.57. TCPC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.05 | ||
| Fwd PE | 6.35 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TCPC is valued cheaply inside the industry as 92.34% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.45 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TCPC's earnings are expected to decrease with -23.42% in the coming years. This may justify a cheaper valuation.
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 18.28%, TCPC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.39, TCPC pays a better dividend. On top of this TCPC pays more dividend than 94.04% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, TCPC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.28% |
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
The earnings of TCPC are negative and hence is the payout ratio. TCPC will probably not be able to sustain this dividend level.
DP-1212.12%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
5.38
-0.11 (-2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners26.42%
Inst Owner Change0%
Ins Owners0.21%
Ins Owner Change0%
Market Cap456.44M
Revenue(TTM)219.12M
Net Income(TTM)-9.19M
Analysts46.67
Price Target6.63 (23.23%)
Short Float %3.76%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.28% |
Yearly Dividend1.72
Dividend Growth(5Y)3.58%
DP-1212.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)0%
PT rev (3m)-9.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5%
EPS NY rev (1m)0%
EPS NY rev (3m)0.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.05 | ||
| Fwd PE | 6.35 | ||
| P/S | 2.08 | ||
| P/FCF | 2.45 | ||
| P/OCF | 2.45 | ||
| P/B | 0.62 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.33
EY24.72%
EPS(NY)0.85
Fwd EY15.74%
FCF(TTM)2.19
FCFY40.76%
OCF(TTM)2.19
OCFY40.76%
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 | -0.13 |
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.
What is the valuation status for TCPC stock?
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.
Can you provide the financial health for TCPC stock?
The financial health rating of BLACKROCK TCP CAPITAL CORP (TCPC) is 4 / 10.
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%.