0.51%
3.69%
3.83%
2.88%
3.01%
0.26%
-14.61%
AI Spotlight on GBDC
Company Description
Golub Capital BDC, Inc.(GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company.It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.
It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails.It seeks to invest in the United States.It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.
Market Data
| Last Price | 15.72 |
| Change Percentage | 0.51% |
| Open | 15.65 |
| Previous Close | 15.64 |
| Market Cap ( Millions) | 4154 |
| Volume | 1111325 |
| Year High | 17.72 |
| Year Low | 14.05 |
| M A 50 | 15.29 |
| M A 200 | 15.52 |
Financial Ratios
| FCF Yield | 5.15% |
| Dividend Yield | 11.97% |
| ROE | 8.28% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -22.02% |
| Price To Book | 1.04 |
| Price Earnings Ratio | 15.2 |
| Price To FCF | 19.4 |
| Price To sales | 5.73 |
| EV / EBITDA | 6.75 |
News
- Jan -30 - 3 Big Dividend Laggards That Could Still Crush The Market In 2025
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -21 - 2 Very Overrated And 2 Very Underrated Big Dividend Stocks
- Jan -19 - Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)
- Jan -17 - Why BDCs Will Likely Outperform In 2025
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -15 - Golub Capital: Not So Great Q4, But Still A Top BDC For Income
- Jan -13 - 10%+ Yields For Retirement: Forget BXSL, Buy GBDC Instead
- Jan -10 - How To Invest $1 Million For Sustainable Retirement Passive Income
- Jan -06 - Golub Capital BDC: Dividends Worth Scooping Despite Further Interest Rate Changes
- Dec -22 - Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio
- Dec -17 - 5 BDCs With High Dividend Resistance To Falling Interest Rates
- Dec -15 - Very Bad News For Utilities Stocks
- Dec -12 - 10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On
- Dec -04 - Golub Capital BDC: About 10%-Yielding Cash Cow
- Dec -04 - Golub Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 1 (Includes Recommendations As Of 11/29/2024)
- Dec -02 - BDC Weekly Review: Two BDC Performance Headwinds
- Nov -28 - Golub Capital BDC: A Good Quarter But Watch Portfolio Quality
- Nov -27 - Golub Capital: 10% Yield, Special Dividends, No NAV Premium
- Nov -25 - Golub Capital BDC, Inc. Prices Public Offering of $150 Million 6.000% Notes Due 2029
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Investment and Related Activities
Expected Growth : 10.2 %
What the company do ?
Golub Capital BDC, Inc.'s Investment and Related Activities involve originating and investing in debt and equity securities of middle-market companies, generating interest income and capital gains.
Why we expect these perspectives ?
Golub Capital BDC's investment in debt and equity securities of middle-market companies drives growth, fueled by increasing demand for alternative lending and private equity investments, as well as the company's expertise in originating and investing in these securities.
Golub Capital Bdc, Inc. Products
| Product Range | What is it ? |
|---|---|
| Middle Market Lending | Golub Capital BDC, Inc. provides financing solutions to middle market companies, offering senior secured loans, one-stop loans, and second lien loans to support acquisitions, recapitalizations, and growth initiatives. |
| SLF FlexLoan | Golub Capital BDC's SLF FlexLoan is a flexible financing solution that provides borrowers with a single loan that combines the benefits of a first lien loan and a second lien loan. |
| Late Stage Lending | Golub Capital BDC provides late stage lending solutions to venture-backed companies, offering debt financing to support growth initiatives and bridge the gap to an initial public offering (IPO) or merger and acquisition (M&A) event. |
| Software and Technology Lending | Golub Capital BDC provides financing solutions to software and technology companies, offering debt financing to support growth initiatives, product development, and strategic acquisitions. |
| Healthcare Lending | Golub Capital BDC provides financing solutions to healthcare companies, offering debt financing to support growth initiatives, acquisitions, and recapitalizations. |
Golub Capital BDC, Inc.'s Porter Forces
Threat Of Substitutes
Golub Capital BDC, Inc. operates in a niche market, providing financing solutions to middle-market companies. While there are some substitutes available, such as traditional banks and other alternative lenders, the company's specialized expertise and flexible financing options mitigate the threat of substitutes.
Bargaining Power Of Customers
Golub Capital BDC, Inc.'s customers are typically middle-market companies that require specialized financing solutions. These customers often have limited bargaining power due to their reliance on the company's expertise and financing options.
Bargaining Power Of Suppliers
Golub Capital BDC, Inc. has a diversified portfolio of investments, which reduces its reliance on any single supplier. Additionally, the company's strong reputation and financial position give it bargaining power in negotiating with suppliers.
Threat Of New Entrants
The business development company (BDC) industry has high barriers to entry, including regulatory hurdles and the need for specialized expertise. This limits the threat of new entrants and allows Golub Capital BDC, Inc. to maintain its competitive position.
Intensity Of Rivalry
The BDC industry is competitive, with several established players vying for market share. However, Golub Capital BDC, Inc.'s specialized expertise and strong reputation help it to differentiate itself and maintain a competitive position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 58.68% |
| Debt Cost | 4.66% |
| Equity Weight | 41.32% |
| Equity Cost | 6.80% |
| WACC | 5.54% |
| Leverage | 142.02% |
Golub Capital BDC, Inc. : Quality Control
Golub Capital BDC, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HTGC | Hercules Capital, Inc. is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all … |
| CRBG | Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment … |
| VCTR | Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company worldwide. It offers investment advisory, fund administration, fund compliance, fund transfer agent, and fund distribution services. … |
| ARCC | Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital … |
| MAIN | Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Main Street Capital
A-Score
1-Year Total Return ->
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Victory Capital Holdings
A-Score
1-Year Total Return ->
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Ares Capital
A-Score
1-Year Total Return ->
4
Golub Capital BDC
A-Score
1-Year Total Return ->
5
Corebridge Financial
A-Score
1-Year Total Return ->
6
