0.75%
5.68%
20.59%
20.97%
36.73%
39.94%
43.74%
AI Spotlight on MAIN
Company Description
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 buyouts, refinancing, industry consolidation, mature, later stage emerging growth.The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing.
The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio.It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation.The firm typically invests in lower middle market companies generally with annual revenues between $5 million and $300 million.
It prefers to invest in ranging between $2 million and $75 million in equity investment and enterprise value in ranging between $3 million and $20 million.The firm typically prefers to invest in the range of $5 million and $50 million per transaction in debt investment value and in the range of $1 million and $20 million in annual EBITDA.The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
It takes 5 percent minority and up to 50 percent majority equity investments.Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.
Market Data
| Last Price | 61.91 |
| Change Percentage | 0.75% |
| Open | 61.48 |
| Previous Close | 61.45 |
| Market Cap ( Millions) | 5459 |
| Volume | 445719 |
| Year High | 62.18 |
| Year Low | 43.9 |
| M A 50 | 56.85 |
| M A 200 | 51.67 |
Financial Ratios
| FCF Yield | -1.91% |
| Dividend Yield | 6.65% |
| ROE | 18.43% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 2.01 |
| Price Earnings Ratio | 11.45 |
| Price To FCF | -52.47 |
| Price To sales | 10.48 |
| EV / EBITDA | 0 |
News
- 14:15 - 5 BDC Investment Criteria And 3 Picks I'd Recommend For Retirees
- Jan -30 - MSC Income Fund Completes Follow-On Public Offering and Listing of its Shares on the New York Stock Exchange
- Jan -29 - Time For Dividend Investors To Capitalize On AI Roller-Coaster
- Jan -28 - MSC Income Fund Prices Public Offering
- Jan -26 - Steeper Yield Curve And BDCs: This Is What You Have To Know
- Jan -25 - 2 High Yield BDCs With Exceptional Value To Price Ratio
- Jan -25 - BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -22 - 2 High-Quality Dividends We Love, But Not At This Price
- Jan -21 - MSC Income Fund Announces Proposed Public Offering
- Jan -17 - Why BDCs Will Likely Outperform In 2025
- Jan -16 - Main Street Announces Preliminary Estimate of Fourth Quarter 2024 Operating Results
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -15 - 3 Exceptional 6%-Yielding Blue Chip Dividend Growth Stocks
- Jan -10 - How To Invest $1 Million For Sustainable Retirement Passive Income
- Jan -09 - Main Street Capital: Continues To Outperform Peer BDCs But Is Expensive (Downgrade)
- Jan -09 - Main Street Announces Fourth Quarter 2024 Private Loan Portfolio Activity
- Jan -09 - Main Street Capital: Interest Rate Resilience Outside The 'Buy' Range
- Jan -08 - 2 BDCs That Can Be Safely Integrated In Retirement Portfolio
- Jan -07 - Main Street Announces Exit of Portfolio Investment
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Investment and Related Activities
Expected Growth : 9.9 %
What the company do ?
Main Street Capital Corporation's Investment and Related Activities involve providing capital to small and medium-sized businesses, generating income through interest, dividends, and fees.
Why we expect these perspectives ?
Main Street Capital Corporation's 9.9% growth in Investment and Related Activities is driven by a strong pipeline of new investments, increased portfolio company earnings, and a favorable interest rate environment. Additionally, the company's strategic investments in lower middle market businesses and its ability to provide customized financing solutions have contributed to its growth.
Main Street Capital Corporation Products
| Product Range | What is it ? |
|---|---|
| Lower Middle Market Portfolio | Provides debt and equity financing to lower middle market companies with annual revenues between $10 million and $150 million. |
| Private Loan Portfolio | Offers debt financing to private equity-sponsored companies with annual revenues between $10 million and $500 million. |
| Middle Market Portfolio | Provides debt and equity financing to middle market companies with annual revenues between $150 million and $500 million. |
| Asset Management | Manages investments in debt and equity securities of middle market companies. |
| Investment Funds | Manages investment funds focused on debt and equity investments in middle market companies. |
Main Street Capital Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Main Street Capital Corporation is medium, as there are some alternative investment options available to investors, but they may not offer the same level of diversification and income generation as Main Street's investment portfolio.
Bargaining Power Of Customers
The bargaining power of customers for Main Street Capital Corporation is low, as investors have limited negotiating power and are largely dependent on the company's investment offerings.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Main Street Capital Corporation is medium, as the company relies on a diverse range of investment managers and advisors, but may still be subject to some level of negotiation and pricing pressure.
Threat Of New Entrants
The threat of new entrants for Main Street Capital Corporation is high, as the investment management industry is highly competitive and new entrants may be able to offer innovative products and services that compete with Main Street's offerings.
Intensity Of Rivalry
The intensity of rivalry for Main Street Capital Corporation is high, as the investment management industry is highly competitive and companies must continually innovate and differentiate themselves to attract and retain investors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 42.13% |
| Debt Cost | 5.95% |
| Equity Weight | 57.87% |
| Equity Cost | 10.18% |
| WACC | 8.40% |
| Leverage | 72.79% |
Main Street Capital Corporation : Quality Control
Main Street Capital Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GBDC | 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 … |
| 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 … |
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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Ares Capital
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1-Year Total Return ->
4
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5
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6
