5.21 USD
-0.02 (-0.38%)
Last: Jan 30, 2026, 09:39 AM
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 an average financial health and profitability rating. 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.
- In the past year TCPC had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: TCPC reported negative net income in multiple years.
- TCPC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -0.51%, TCPC is doing worse than 78.90% of the companies in the same industry.
- The Return On Equity of TCPC (-1.24%) is worse than 73.42% of its industry peers.
- TCPC has a Return On Invested Capital of 5.35%. This is in the better half of the industry: TCPC outperforms 69.62% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TCPC is below the industry average of 7.27%.
- 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 93.25% of its industry peers.
- TCPC's Operating Margin has been stable in the last couple of years.
- TCPC has a better Gross Margin (57.72%) than 65.40% 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
- The number of shares outstanding for TCPC has been increased compared to 5 years ago.
- Compared to 1 year ago, TCPC has a worse debt to assets ratio.
2.2 Solvency
- TCPC has an Altman-Z score of -0.14. This is a bad value and indicates that TCPC is not financially healthy and even has some risk of bankruptcy.
- TCPC's Altman-Z score of -0.14 is on the low side compared to the rest of the industry. TCPC is outperformed by 77.64% 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.
- TCPC has a better Debt to FCF ratio (5.65) than 68.35% of its industry peers.
- A Debt/Equity ratio of 1.42 is on the high side and indicates that TCPC has dependencies on debt financing.
- TCPC's Debt to Equity ratio of 1.42 is on the low side compared to the rest of the industry. TCPC is outperformed by 70.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 5.65 | ||
| Altman-Z | -0.14 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 3.62 indicates that TCPC has no problem at all paying its short term obligations.
- TCPC's Current ratio of 3.62 is amongst the best of the industry. TCPC outperforms 81.86% 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.
- The Quick ratio of TCPC (3.62) is better than 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.
- Measured over the past years, TCPC shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.37% on average per year.
- Looking at the last year, TCPC shows a very negative growth in Revenue. The Revenue has decreased by -12.01% in the last year.
- Measured over the past years, TCPC shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
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
- The Earnings Per Share is expected to decrease by -23.42% on average over the next years. This is quite bad
- Based on estimates for the next years, TCPC will show a very negative growth in Revenue. The Revenue will decrease by -13.17% on average per year.
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
- 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
- With a Price/Earnings ratio of 3.92, the valuation of TCPC can be described as very cheap.
- 91.98% of the companies in the same industry are more expensive than TCPC, based on the Price/Earnings ratio.
- TCPC is valuated cheaply when we compare the Price/Earnings ratio to 28.39, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 6.15, the valuation of TCPC can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TCPC indicates a rather cheap valuation: TCPC is cheaper than 93.25% of the companies listed in the same industry.
- TCPC is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.92 | ||
| Fwd PE | 6.15 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TCPC indicates a rather cheap valuation: TCPC is cheaper than 92.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.38 | ||
| 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 16.98%, TCPC is a good candidate for dividend investing.
- TCPC's Dividend Yield is rather good when compared to the industry average which is at 5.88. TCPC pays more dividend than 93.25% of the companies in the same industry.
- TCPC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.98% |
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%
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%.