BARINGS BDC INC (BBDC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BBDC - US06759L1035 - Common Stock
9.16 USD
-0.04 (-0.43%)
9.16 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to BBDC. BBDC was compared to 235 industry peers in the Capital Markets industry. BBDC has only an average score on both its financial health and profitability. BBDC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BBDC had positive earnings in the past year.
BBDC had a negative operating cash flow in the past year.
BBDC had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: BBDC reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BBDC (3.60%) is better than 61.70% of its industry peers.
Looking at the Return On Equity, with a value of 8.70%, BBDC is in line with its industry, outperforming 54.04% of the companies in the same industry.
BBDC's Return On Invested Capital of 3.51% is in line compared to the rest of the industry. BBDC outperforms 48.94% of its industry peers.
BBDC had an Average Return On Invested Capital over the past 3 years of 3.78%. This is below the industry average of 7.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 8.7% | ||
| ROIC | 3.51% |
ROA(3y)3.02%
ROA(5y)2.63%
ROE(3y)6.79%
ROE(5y)6.39%
ROIC(3y)3.78%
ROIC(5y)3%
1.3 Margins
BBDC has a Profit Margin of 36.01%. This is amongst the best in the industry. BBDC outperforms 82.13% of its industry peers.
BBDC's Profit Margin has declined in the last couple of years.
BBDC has a better Operating Margin (43.90%) than 79.15% of its industry peers.
BBDC's Operating Margin has improved in the last couple of years.
BBDC's Gross Margin of 46.84% is in line compared to the rest of the industry. BBDC outperforms 52.34% of its industry peers.
BBDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.9% | ||
| PM (TTM) | 36.01% | ||
| GM | 46.84% |
OM growth 3Y2.57%
OM growth 5Y3.06%
PM growth 3Y-12.45%
PM growth 5Y-12.92%
GM growth 3Y0.11%
GM growth 5Y0.41%
2. Health
2.1 Basic Checks
Compared to 1 year ago, BBDC has less shares outstanding
Compared to 5 years ago, BBDC has more shares outstanding
The debt/assets ratio for BBDC has remained at the same level compared to a year ago.
2.2 Solvency
BBDC has an Altman-Z score of 0.34. This is a bad value and indicates that BBDC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of BBDC (0.34) is worse than 67.23% of its industry peers.
A Debt/Equity ratio of 1.39 is on the high side and indicates that BBDC has dependencies on debt financing.
BBDC's Debt to Equity ratio of 1.39 is on the low side compared to the rest of the industry. BBDC is outperformed by 65.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 6.49 indicates that BBDC has no problem at all paying its short term obligations.
BBDC has a better Current ratio (6.49) than 87.66% of its industry peers.
A Quick Ratio of 6.49 indicates that BBDC has no problem at all paying its short term obligations.
BBDC has a Quick ratio of 6.49. This is amongst the best in the industry. BBDC outperforms 87.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.49 | ||
| Quick Ratio | 6.49 |
3. Growth
3.1 Past
BBDC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.02%.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
The Revenue has decreased by -3.27% in the past year.
The Revenue has been growing by 30.50% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-11.02%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%10.34%
Revenue 1Y (TTM)-3.27%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%2.19%
3.2 Future
BBDC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.38% yearly.
Based on estimates for the next years, BBDC will show a decrease in Revenue. The Revenue will decrease by -6.27% on average per year.
EPS Next Y-8.04%
EPS Next 2Y-10.4%
EPS Next 3Y-10.38%
EPS Next 5YN/A
Revenue Next Year-2.1%
Revenue Next 2Y-4.94%
Revenue Next 3Y-6.27%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.11, the valuation of BBDC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of BBDC indicates a somewhat cheap valuation: BBDC is cheaper than 79.57% of the companies listed in the same industry.
BBDC is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.20, which indicates a very decent valuation of BBDC.
Based on the Price/Forward Earnings ratio, BBDC is valued a bit cheaper than 78.72% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. BBDC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 9.2 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BBDC's earnings are expected to decrease with -10.38% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y-10.4%
EPS Next 3Y-10.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.30%, BBDC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.27, BBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.90, BBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.3% |
5.2 History
On average, the dividend of BBDC grows each year by 14.18%, which is quite nice.
BBDC has paid a dividend for at least 10 years, which is a reliable track record.
As BBDC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)14.18%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
123.48% of the earnings are spent on dividend by BBDC. This is not a sustainable payout ratio.
The Dividend Rate of BBDC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP123.48%
EPS Next 2Y-10.4%
EPS Next 3Y-10.38%
9.16
-0.04 (-0.43%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners42.88%
Inst Owner Change-0.01%
Ins Owners0.63%
Ins Owner Change0.01%
Market Cap963.27M
Revenue(TTM)281.87M
Net Income(TTM)101.51M
Analysts83.64
Price Target9.89 (7.97%)
Short Float %0.85%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.3% |
Yearly Dividend1.04
Dividend Growth(5Y)14.18%
DP123.48%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.45%
Min EPS beat(2)6.4%
Max EPS beat(2)14.5%
EPS beat(4)2
Avg EPS beat(4)1.42%
Min EPS beat(4)-11.2%
Max EPS beat(4)14.5%
EPS beat(8)4
Avg EPS beat(8)2.64%
EPS beat(12)6
Avg EPS beat(12)2.42%
EPS beat(16)8
Avg EPS beat(16)2.78%
Revenue beat(2)2
Avg Revenue beat(2)6.3%
Min Revenue beat(2)2.4%
Max Revenue beat(2)10.2%
Revenue beat(4)2
Avg Revenue beat(4)1.42%
Min Revenue beat(4)-6.79%
Max Revenue beat(4)10.2%
Revenue beat(8)3
Avg Revenue beat(8)-0.32%
Revenue beat(12)4
Avg Revenue beat(12)-0.56%
Revenue beat(16)7
Avg Revenue beat(16)0.38%
PT rev (1m)-2.51%
PT rev (3m)-4.43%
EPS NQ rev (1m)1.75%
EPS NQ rev (3m)-0.76%
EPS NY rev (1m)0.49%
EPS NY rev (3m)4.49%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 9.2 | ||
| P/S | 3.42 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.13
EY12.34%
EPS(NY)1
Fwd EY10.87%
FCF(TTM)-0.85
FCFYN/A
OCF(TTM)-0.85
OCFYN/A
SpS2.68
BVpS11.1
TBVpS11.1
PEG (NY)N/A
PEG (5Y)0.55
Graham Number16.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 8.7% | ||
| ROCE | 4.44% | ||
| ROIC | 3.51% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.69% | ||
| OM | 43.9% | ||
| PM (TTM) | 36.01% | ||
| GM | 46.84% | ||
| FCFM | N/A |
ROA(3y)3.02%
ROA(5y)2.63%
ROE(3y)6.79%
ROE(5y)6.39%
ROIC(3y)3.78%
ROIC(5y)3%
ROICexc(3y)3.91%
ROICexc(5y)3.1%
ROICexgc(3y)4.04%
ROICexgc(5y)3.2%
ROCE(3y)4.79%
ROCE(5y)3.8%
ROICexgc growth 3Y23.04%
ROICexgc growth 5Y16.75%
ROICexc growth 3Y22.6%
ROICexc growth 5Y15.94%
OM growth 3Y2.57%
OM growth 5Y3.06%
PM growth 3Y-12.45%
PM growth 5Y-12.92%
GM growth 3Y0.11%
GM growth 5Y0.41%
F-Score3
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.64 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.49 | ||
| Quick Ratio | 6.49 | ||
| Altman-Z | 0.34 |
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)669.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.02%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%10.34%
EPS Next Y-8.04%
EPS Next 2Y-10.4%
EPS Next 3Y-10.38%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.27%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%2.19%
Revenue Next Year-2.1%
Revenue Next 2Y-4.94%
Revenue Next 3Y-6.27%
Revenue Next 5YN/A
EBIT growth 1Y-10.23%
EBIT growth 3Y31.66%
EBIT growth 5Y34.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-4.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.26%
OCF growth 3YN/A
OCF growth 5YN/A
BARINGS BDC INC / BBDC FAQ
What is the fundamental rating for BBDC stock?
ChartMill assigns a fundamental rating of 4 / 10 to BBDC.
Can you provide the valuation status for BARINGS BDC INC?
ChartMill assigns a valuation rating of 4 / 10 to BARINGS BDC INC (BBDC). This can be considered as Fairly Valued.
What is the profitability of BBDC stock?
BARINGS BDC INC (BBDC) has a profitability rating of 5 / 10.
What is the financial health of BARINGS BDC INC (BBDC) stock?
The financial health rating of BARINGS BDC INC (BBDC) is 4 / 10.
Can you provide the expected EPS growth for BBDC stock?
The Earnings per Share (EPS) of BARINGS BDC INC (BBDC) is expected to decline by -8.04% in the next year.