BARINGS BDC INC (BBDC) Stock Fundamental Analysis
NYSE:BBDC - New York Stock Exchange, Inc. - US06759L1035 - Common Stock - Currency: USD
Overall BBDC gets a fundamental rating of 5 out of 10. We evaluated BBDC against 233 industry peers in the Capital Markets industry. While BBDC is still in line with the averages on profitability rating, there are concerns on its financial health. BBDC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BBDC was profitable.
BBDC had a positive operating cash flow in the past year.
BBDC had positive earnings in each of the past 5 years.
In multiple years BBDC reported negative operating cash flow during the last 5 years.
1.2 Ratios
BBDC has a Return On Assets of 3.54%. This is in the better half of the industry: BBDC outperforms 60.09% of its industry peers.
Looking at the Return On Equity, with a value of 8.32%, BBDC is in line with its industry, outperforming 51.07% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.84%, BBDC is in line with its industry, outperforming 48.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BBDC is below the industry average of 7.86%.
The 3 year average ROIC (3.78%) for BBDC is below the current ROIC(3.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 8.32% | ||
| ROIC | 3.84% |
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 35.21%. This is amongst the best in the industry. BBDC outperforms 80.26% of its industry peers.
In the last couple of years the Profit Margin of BBDC has declined.
The Operating Margin of BBDC (46.95%) is better than 79.83% of its industry peers.
BBDC's Operating Margin has improved in the last couple of years.
BBDC has a Gross Margin of 50.11%. This is comparable to the rest of the industry: BBDC outperforms 55.36% of its industry peers.
BBDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.95% | ||
| PM (TTM) | 35.21% | ||
| GM | 50.11% |
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
The number of shares outstanding for BBDC has been reduced compared to 1 year ago.
BBDC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BBDC has remained at the same level compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.33, we must say that BBDC is in the distress zone and has some risk of bankruptcy.
BBDC's Altman-Z score of 0.33 is on the low side compared to the rest of the industry. BBDC is outperformed by 71.67% of its industry peers.
The Debt to FCF ratio of BBDC is 13.84, which is on the high side as it means it would take BBDC, 13.84 years of fcf income to pay off all of its debts.
BBDC has a Debt to FCF ratio (13.84) which is in line with its industry peers.
BBDC has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
BBDC has a worse Debt to Equity ratio (1.27) than 63.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 13.84 | ||
| Altman-Z | 0.33 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BBDC has a Current Ratio of 1.71. This is a normal value and indicates that BBDC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BBDC (1.71) is better than 66.52% of its industry peers.
A Quick Ratio of 1.71 indicates that BBDC should not have too much problems paying its short term obligations.
BBDC has a Quick ratio of 1.71. This is in the better half of the industry: BBDC outperforms 66.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
The earnings per share for BBDC have decreased by 0.00% in the last year.
Measured over the past years, BBDC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
Looking at the last year, BBDC shows a decrease in Revenue. The Revenue has decreased by -3.77% in the last year.
BBDC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 30.50% yearly.
EPS 1Y (TTM)0%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%-10.71%
Revenue 1Y (TTM)-3.77%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%-7.69%
3.2 Future
The Earnings Per Share is expected to decrease by -8.87% on average over the next years.
BBDC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.36% yearly.
EPS Next Y-15.44%
EPS Next 2Y-9.58%
EPS Next 3Y-8.87%
EPS Next 5YN/A
Revenue Next Year-8.41%
Revenue Next 2Y-5.68%
Revenue Next 3Y-5.36%
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.
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
BBDC is valuated cheaply with a Price/Earnings ratio of 7.92.
Based on the Price/Earnings ratio, BBDC is valued cheaper than 85.84% of the companies in the same industry.
BBDC is valuated cheaply when we compare the Price/Earnings ratio to 27.18, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.45, which indicates a very decent valuation of BBDC.
79.40% of the companies in the same industry are more expensive than BBDC, based on the Price/Forward Earnings ratio.
BBDC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.92 | ||
| Fwd PE | 9.45 |
4.2 Price Multiples
BBDC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BBDC is cheaper than 77.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of BBDC may justify a higher PE ratio.
A cheap valuation may be justified as BBDC's earnings are expected to decrease with -8.87% in the coming years.
PEG (NY)N/A
PEG (5Y)0.53
EPS Next 2Y-9.58%
EPS Next 3Y-8.87%
5. Dividend
5.1 Amount
BBDC has a Yearly Dividend Yield of 11.06%, which is a nice return.
BBDC's Dividend Yield is a higher than the industry average which is at 7.77.
BBDC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.06% |
5.2 History
The dividend of BBDC is nicely growing with an annual growth rate of 14.18%!
BBDC has paid a dividend for at least 10 years, which is a reliable track record.
BBDC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)14.18%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
116.47% of the earnings are spent on dividend by BBDC. This is not a sustainable payout ratio.
BBDC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP116.47%
EPS Next 2Y-9.58%
EPS Next 3Y-8.87%
NYSE:BBDC (7/16/2025, 3:06:06 PM)
9.585
+0.09 (+0.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.97%
Inst Owner Change0%
Ins Owners0.63%
Ins Owner Change0.37%
Market Cap1.01B
Analysts83.64
Price Target10.25 (6.94%)
Short Float %0.45%
Short Ratio1.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.06% |
Yearly Dividend1.04
Dividend Growth(5Y)14.18%
DP116.47%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.61%
Min EPS beat(2)-11.2%
Max EPS beat(2)-4.02%
EPS beat(4)1
Avg EPS beat(4)1.99%
Min EPS beat(4)-11.2%
Max EPS beat(4)27.45%
EPS beat(8)3
Avg EPS beat(8)0.16%
EPS beat(12)6
Avg EPS beat(12)2.45%
EPS beat(16)6
Avg EPS beat(16)1.23%
Revenue beat(2)0
Avg Revenue beat(2)-3.47%
Min Revenue beat(2)-6.79%
Max Revenue beat(2)-0.15%
Revenue beat(4)1
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-6.79%
Max Revenue beat(4)1.65%
Revenue beat(8)2
Avg Revenue beat(8)-2.03%
Revenue beat(12)3
Avg Revenue beat(12)-1.61%
Revenue beat(16)7
Avg Revenue beat(16)0.06%
PT rev (1m)2.03%
PT rev (3m)-7.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.84%
EPS NY rev (1m)-5.86%
EPS NY rev (3m)-5.86%
Revenue NQ rev (1m)-0.79%
Revenue NQ rev (3m)-1.53%
Revenue NY rev (1m)-1.06%
Revenue NY rev (3m)-2.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.92 | ||
| Fwd PE | 9.45 | ||
| P/S | 3.59 | ||
| P/FCF | 9.21 | ||
| P/OCF | 9.21 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.21
EY12.62%
EPS(NY)1.01
Fwd EY10.58%
FCF(TTM)1.04
FCFY10.85%
OCF(TTM)1.04
OCFY10.85%
SpS2.67
BVpS11.29
TBVpS11.29
PEG (NY)N/A
PEG (5Y)0.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 8.32% | ||
| ROCE | 4.87% | ||
| ROIC | 3.84% | ||
| ROICexc | 3.99% | ||
| ROICexgc | 4.11% | ||
| OM | 46.95% | ||
| PM (TTM) | 35.21% | ||
| GM | 50.11% | ||
| FCFM | 39% |
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%
ROICexcg growth 3Y23.04%
ROICexcg 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-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 13.84 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.88 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 110.78% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 0.33 |
F-Score5
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)0%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%-10.71%
EPS Next Y-15.44%
EPS Next 2Y-9.58%
EPS Next 3Y-8.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.77%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%-7.69%
Revenue Next Year-8.41%
Revenue Next 2Y-5.68%
Revenue Next 3Y-5.36%
Revenue Next 5YN/A
EBIT growth 1Y0.1%
EBIT growth 3Y31.66%
EBIT growth 5Y34.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y736.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y736.02%
OCF growth 3YN/A
OCF growth 5YN/A