BARINGS BDC INC (BBDC) Stock Fundamental Analysis
USA - NYSE:BBDC - US06759L1035 - Common Stock
9.15 USD
+0.11 (+1.22%)
9.15 USD
0 (0%)
Taking everything into account, BBDC scores 4 out of 10 in our fundamental rating. BBDC was compared to 235 industry peers in the Capital Markets industry. There are concerns on the financial health of BBDC while its profitability can be described as average. BBDC has a valuation in line with the averages, 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.
In the past 5 years BBDC has always been profitable.
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
Looking at the Return On Assets, with a value of 3.58%, BBDC is in line with its industry, outperforming 57.45% of the companies in the same industry.
With a Return On Equity value of 8.50%, BBDC perfoms like the industry average, outperforming 47.66% of the companies in the same industry.
BBDC has a Return On Invested Capital (3.45%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for BBDC is below the industry average of 7.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.5% | ||
| ROIC | 3.45% |
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
With a decent Profit Margin value of 35.67%, BBDC is doing good in the industry, outperforming 78.30% of the companies in the same industry.
BBDC's Profit Margin has declined in the last couple of years.
BBDC has a better Operating Margin (42.81%) than 76.17% of its industry peers.
In the last couple of years the Operating Margin of BBDC has grown nicely.
Looking at the Gross Margin, with a value of 45.95%, BBDC is in line with its industry, outperforming 50.64% of the companies in the same industry.
BBDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.81% | ||
| PM (TTM) | 35.67% | ||
| GM | 45.95% |
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.
Compared to 5 years ago, BBDC has more shares outstanding
Compared to 1 year ago, BBDC has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.29, we must say that BBDC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.29, BBDC is doing worse than 71.91% of the companies in the same industry.
BBDC has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
BBDC's Debt to Equity ratio of 1.33 is on the low side compared to the rest of the industry. BBDC is outperformed by 65.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.29 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.48 indicates that BBDC has no problem at all paying its short term obligations.
BBDC has a better Current ratio (2.48) than 75.32% of its industry peers.
A Quick Ratio of 2.48 indicates that BBDC has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.48, BBDC is in the better half of the industry, outperforming 75.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.48 | ||
| Quick Ratio | 2.48 |
3. Growth
3.1 Past
BBDC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.73%.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
Looking at the last year, BBDC shows a decrease in Revenue. The Revenue has decreased by -3.80% in the last year.
The Revenue has been growing by 30.50% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-14.73%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%-28.21%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%-0.65%
3.2 Future
The Earnings Per Share is expected to decrease by -8.87% on average over the next years.
The Revenue is expected to decrease by -4.98% on average over the next years.
EPS Next Y-11.98%
EPS Next 2Y-9.67%
EPS Next 3Y-8.87%
EPS Next 5YN/A
Revenue Next Year-3.23%
Revenue Next 2Y-4.2%
Revenue Next 3Y-4.98%
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 reasonably with a Price/Earnings ratio of 8.32.
Based on the Price/Earnings ratio, BBDC is valued a bit cheaper than the industry average as 78.72% of the companies are valued more expensively.
BBDC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
BBDC is valuated reasonably with a Price/Forward Earnings ratio of 9.04.
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 22.88. BBDC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 9.04 |
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 -8.87% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.56
EPS Next 2Y-9.67%
EPS Next 3Y-8.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.75%, BBDC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.30, BBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, BBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.75% |
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.
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
120.27% 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.
DP120.27%
EPS Next 2Y-9.67%
EPS Next 3Y-8.87%
9.15
+0.11 (+1.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.99%
Inst Owner Change-48.34%
Ins Owners0.63%
Ins Owner Change0.37%
Market Cap962.21M
Revenue(TTM)280.31M
Net Income(TTM)99.98M
Analysts83.64
Price Target10.35 (13.11%)
Short Float %0.71%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.75% |
Yearly Dividend1.04
Dividend Growth(5Y)14.18%
DP120.27%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.4%
Min EPS beat(2)-11.2%
Max EPS beat(2)6.4%
EPS beat(4)1
Avg EPS beat(4)-3.27%
Min EPS beat(4)-11.2%
Max EPS beat(4)6.4%
EPS beat(8)3
Avg EPS beat(8)0.36%
EPS beat(12)6
Avg EPS beat(12)1.32%
EPS beat(16)7
Avg EPS beat(16)1.75%
Revenue beat(2)1
Avg Revenue beat(2)1.7%
Min Revenue beat(2)-6.79%
Max Revenue beat(2)10.2%
Revenue beat(4)1
Avg Revenue beat(4)0.5%
Min Revenue beat(4)-6.79%
Max Revenue beat(4)10.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.32%
Revenue beat(12)3
Avg Revenue beat(12)-1.3%
Revenue beat(16)7
Avg Revenue beat(16)0.4%
PT rev (1m)0%
PT rev (3m)1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.2%
EPS NY rev (1m)0%
EPS NY rev (3m)4.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 9.04 | ||
| P/S | 3.43 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.1
EY12.02%
EPS(NY)1.01
Fwd EY11.06%
FCF(TTM)-0.78
FCFYN/A
OCF(TTM)-0.78
OCFYN/A
SpS2.67
BVpS11.18
TBVpS11.18
PEG (NY)N/A
PEG (5Y)0.56
Graham Number16.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 8.5% | ||
| ROCE | 4.36% | ||
| ROIC | 3.45% | ||
| ROICexc | 3.51% | ||
| ROICexgc | 3.58% | ||
| OM | 42.81% | ||
| PM (TTM) | 35.67% | ||
| GM | 45.95% | ||
| 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-Score2
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.48 | ||
| Quick Ratio | 2.48 | ||
| Altman-Z | 0.29 |
F-Score2
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)-14.73%
EPS 3Y11.27%
EPS 5Y14.87%
EPS Q2Q%-28.21%
EPS Next Y-11.98%
EPS Next 2Y-9.67%
EPS Next 3Y-8.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y28.36%
Revenue growth 5Y30.5%
Sales Q2Q%-0.65%
Revenue Next Year-3.23%
Revenue Next 2Y-4.2%
Revenue Next 3Y-4.98%
Revenue Next 5YN/A
EBIT growth 1Y-14.49%
EBIT growth 3Y31.66%
EBIT growth 5Y34.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-213.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-213.51%
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.
What is the valuation status for BBDC stock?
ChartMill assigns a valuation rating of 4 / 10 to BARINGS BDC INC (BBDC). This can be considered as Fairly Valued.
How profitable is BARINGS BDC INC (BBDC) stock?
BARINGS BDC INC (BBDC) has a profitability rating of 4 / 10.
What is the valuation of BARINGS BDC INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BARINGS BDC INC (BBDC) is 8.32 and the Price/Book (PB) ratio is 0.82.
Is the dividend of BARINGS BDC INC sustainable?
The dividend rating of BARINGS BDC INC (BBDC) is 6 / 10 and the dividend payout ratio is 120.27%.