1.31%
5.22%
4.14%
0.30%
12.14%
-7.10%
-2.23%
AI Spotlight on BBDC
Company Description
Barings BDC, Inc.(NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.
It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services.It invests in United States.
It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed.Barings BDC, Inc.Barings BDC, Inc.
was incorporated on October 10, 2006 and is based in Charlotte, North Carolina with an additional office in Raleigh, North Carolina.
Market Data
| Last Price | 10.07 |
| Change Percentage | 1.31% |
| Open | 9.99 |
| Previous Close | 9.94 |
| Market Cap ( Millions) | 1063 |
| Volume | 453542 |
| Year High | 10.38 |
| Year Low | 8.67 |
| M A 50 | 9.77 |
| M A 200 | 9.78 |
Financial Ratios
| FCF Yield | 22.00% |
| Dividend Yield | 10.33% |
| ROE | 9.60% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -27.90% |
| Price To Book | 0.89 |
| Price Earnings Ratio | 9.23 |
| Price To FCF | 4.54 |
| Price To sales | 3.65 |
| EV / EBITDA | 4.44 |
News
- Jan -21 - 2 Discounted BDCs: One Is A Bargain, One Is A Trap
- Jan -21 - Barings BDC, Inc. Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Results
- Jan -06 - Barings BDC: Portfolio Quality Continues To Weaken (Rating Downgrade)
- Dec -28 - Barings BDC: Improving Performance Could Close Valuation Gap
- Dec -22 - 3 Buy-Rated Monthly-Pay High-Yield Dividend Stocks Are Our Top January Picks
- Dec -14 - BDC Weekly Review: BDCs Have Overcome The August Dip
- Dec -03 - Barings BDC: Is The Thrill Of Victory Worth The Agony Of Defeat?
- Nov -29 - 4 Ultra-High-Yield Stocks Yielding at Least 10% Are Our Top December Picks
- Nov -28 - Barings BDC: Solid Hold For Existing Shareholders
- Nov -23 - BDC Weekly Review: Key Q3 Earnings Trends
- Nov -20 - Investing In BDCs For 10%+ Yields? This Is What Matters Now
- Nov -19 - Barings BDC: Quality 10%+ Yield And P/NAV Of 0.87x Make It A Buy
- Nov -07 - Barings BDC Inc (BBDC) Q3 2024 Earnings Call Transcript
- Nov -07 - Barings BDC (BBDC) Q3 Earnings Miss Estimates
- Nov -06 - Barings BDC, Inc. Reports Third Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
- Nov -06 - 2 High-Yielding BDCs In An Expensive Market
- Nov -04 - 5 High-Yield Dividend Stocks Investors Should Buy Hand-Over-Fist If Donald Trump Wins
- Oct -26 - 3 BDCs With Highest Dividend Coverage Levels: Only One Is A Defensive Leader
- Oct -21 - Barings BDC: Undervalued 11% Yield With 154% Dividend Coverage
- Oct -12 - BDC Weekly Review: Private Lenders Want To Democratize Access
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Lending and Investment
Expected Growth : 9.9 %
What the company do ?
Barings BDC, Inc. provides lending and investment solutions to middle-market companies, offering customized financing options and strategic partnerships to drive growth and success.
Why we expect these perspectives ?
Barings BDC, Inc.'s 9.9% growth in Lending and Investment is driven by a strong demand for middle-market loans, expansion into new industries, and a diversified investment portfolio. Additionally, the company's strategic partnerships, efficient cost structure, and experienced management team have contributed to its growth momentum.
Barings Bdc, Inc. Products
| Product Range | What is it ? |
|---|---|
| Senior Secured Loans | Barings BDC, Inc. provides senior secured loans to middle-market companies, offering a flexible and customized financing solution to meet their capital needs. |
| Unitranche Loans | Barings BDC, Inc. offers unitranche loans, which combine senior and subordinated debt into a single loan facility, providing a simplified and efficient financing solution. |
| Second Lien Loans | Barings BDC, Inc. provides second lien loans, which offer a subordinated debt solution for companies seeking additional capital without diluting equity. |
| Equity Co-Investments | Barings BDC, Inc. makes equity co-investments alongside its debt investments, providing additional capital and support to its portfolio companies. |
| Structured Equity | Barings BDC, Inc. offers structured equity solutions, which combine debt and equity features to provide a customized financing solution. |
Barings BDC, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Barings BDC, Inc. is medium due to the presence of alternative investment options for investors, such as other BDCs and private equity firms.
Bargaining Power Of Customers
The bargaining power of customers for Barings BDC, Inc. is low due to the company's diversified portfolio and lack of dependence on a single customer.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Barings BDC, Inc. is medium due to the company's reliance on a few large financial institutions for funding.
Threat Of New Entrants
The threat of new entrants for Barings BDC, Inc. is high due to the relatively low barriers to entry in the BDC industry and the increasing popularity of BDCs as an investment option.
Intensity Of Rivalry
The intensity of rivalry for Barings BDC, Inc. is high due to the competitive nature of the BDC industry and the presence of several established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 54.63% |
| Debt Cost | 5.96% |
| Equity Weight | 45.37% |
| Equity Cost | 7.30% |
| WACC | 6.57% |
| Leverage | 120.39% |
Barings BDC, Inc. : Quality Control
Barings BDC, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OCSL | Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior … |
| NAVI | Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through … |
| MFIN | Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and … |
| RWAY | Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the … |
| AGM | Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Barings BDC
A-Score
1-Year Total Return ->
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Medallion Financial
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Runway Growth Finance
A-Score
1-Year Total Return ->
4
Farmer Mac
A-Score
1-Year Total Return ->
5
Oaktree Specialty Lending
A-Score
1-Year Total Return ->
6
