BLACKROCK CAPITAL INVESTMENT (BKCC)
US0925331086 - Common Stock
We assign a fundamental rating of 3 out of 10 to BKCC. BKCC was compared to 210 industry peers in the Capital Markets industry. BKCC may be in some trouble as it scores bad on both profitability and health. BKCC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BKCC was profitable.
In the past year BKCC has reported a negative cash flow from operations.
In multiple years BKCC reported negative net income over the last 5 years.
BKCC had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.18%, BKCC is in line with its industry, outperforming 54.85% of the companies in the same industry.
BKCC's Return On Equity of 8.31% is in line compared to the rest of the industry. BKCC outperforms 46.12% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.74%, BKCC is in line with its industry, outperforming 57.77% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BKCC is below the industry average of 8.34%.
The last Return On Invested Capital (4.74%) for BKCC is above the 3 year average (3.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.31% | ||
| ROIC | 4.74% |
ROA(3y)5.47%
ROA(5y)-0.96%
ROE(3y)9.47%
ROE(5y)-1.23%
ROIC(3y)3.89%
ROIC(5y)4.31%
1.3 Margins
The Profit Margin of BKCC (32.66%) is better than 69.42% of its industry peers.
Looking at the Operating Margin, with a value of 45.51%, BKCC is in the better half of the industry, outperforming 75.73% of the companies in the same industry.
In the last couple of years the Operating Margin of BKCC has declined.
With a Gross Margin value of 52.17%, BKCC perfoms like the industry average, outperforming 52.43% of the companies in the same industry.
In the last couple of years the Gross Margin of BKCC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.51% | ||
| PM (TTM) | 32.66% | ||
| GM | 52.17% |
OM growth 3Y-3.71%
OM growth 5Y-4.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y-4.18%
2. Health
2.1 Basic Checks
Compared to 1 year ago, BKCC has about the same amount of shares outstanding.
Compared to 5 years ago, BKCC has less shares outstanding
The debt/assets ratio for BKCC is higher compared to a year ago.
2.2 Solvency
BKCC has an Altman-Z score of -0.19. This is a bad value and indicates that BKCC is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.19, BKCC is not doing good in the industry: 86.89% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.93 indicates that BKCC is somewhat dependend on debt financing.
BKCC has a Debt to Equity ratio (0.93) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.19 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BKCC has a Current Ratio of 1.11. This is a normal value and indicates that BKCC is financially healthy and should not expect problems in meeting its short term obligations.
BKCC has a Current ratio (1.11) which is comparable to the rest of the industry.
BKCC has a Quick Ratio of 1.11. This is a normal value and indicates that BKCC is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.11, BKCC perfoms like the industry average, outperforming 47.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
BKCC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.05%, which is quite good.
BKCC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.24% yearly.
BKCC shows a strong growth in Revenue. In the last year, the Revenue has grown by 38.68%.
BKCC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.86% yearly.
EPS 1Y (TTM)19.05%
EPS 3Y1.81%
EPS 5Y-4.24%
EPS growth Q2Q18.18%
Revenue 1Y (TTM)38.68%
Revenue growth 3Y6.19%
Revenue growth 5Y-0.86%
Revenue growth Q2Q16.32%
3.2 Future
Based on estimates for the next years, BKCC will show a decrease in Earnings Per Share. The EPS will decrease by -4.72% on average per year.
BKCC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.20% yearly.
EPS Next Y-6.16%
EPS Next 2Y-4.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.68%
Revenue Next 2Y-2.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.36, the valuation of BKCC can be described as very cheap.
80.58% of the companies in the same industry are more expensive than BKCC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BKCC to the average of the S&P500 Index (24.95), we can say BKCC is valued rather cheaply.
A Price/Forward Earnings ratio of 7.84 indicates a rather cheap valuation of BKCC.
Based on the Price/Forward Earnings ratio, BKCC is valued cheaply inside the industry as 80.58% of the companies are valued more expensively.
BKCC is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as BKCC's earnings are expected to decrease with -4.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BKCC has a Yearly Dividend Yield of 10.87%, which is a nice return.
Compared to an average industry Dividend Yield of 7.77, BKCC pays a bit more dividend than its industry peers.
BKCC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.87% |
5.2 History
The dividend of BKCC decreases each year by -10.01%.
BKCC has been paying a dividend for at least 10 years, so it has a reliable track record.
BKCC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-10.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
110.63% of the earnings are spent on dividend by BKCC. This is not a sustainable payout ratio.
BKCC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP110.63%
EPS Next 2Y-4.72%
EPS Next 3YN/A
BLACKROCK CAPITAL INVESTMENT
NASDAQ:BKCC (3/18/2024, 8:00:01 PM)
After market: 3.7 +0.02 (+0.54%)3.68
+0.01 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap267.06M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.87% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 7.84 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.31% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 45.51% | ||
| PM (TTM) | 32.66% | ||
| GM | 52.17% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)19.05%
EPS 3Y1.81%
EPS 5Y
EPS growth Q2Q
EPS Next Y-6.16%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)38.68%
Revenue growth 3Y6.19%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y