BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - NYSE:BXSL - US09261X1028 - Common Stock
26.49 USD
+0.53 (+2.04%)
26.47 USD
-0.02 (-0.08%)
BXSL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. There are concerns on the financial health of BXSL while its profitability can be described as average. BXSL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BXSL had positive earnings in the past year.
In the past year BXSL has reported a negative cash flow from operations.
BXSL had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: BXSL reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BXSL (4.51%) is better than 66.24% of its industry peers.
BXSL has a Return On Equity (9.84%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 4.42%, BXSL perfoms like the industry average, outperforming 59.92% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BXSL is below the industry average of 7.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.51% | ||
| ROE | 9.84% | ||
| ROIC | 4.42% |
ROA(3y)5.09%
ROA(5y)4.69%
ROE(3y)11.17%
ROE(5y)10.11%
ROIC(3y)4.56%
ROIC(5y)3.95%
1.3 Margins
The Profit Margin of BXSL (44.26%) is better than 87.34% of its industry peers.
In the last couple of years the Profit Margin of BXSL has declined.
BXSL has a better Operating Margin (53.56%) than 89.87% of its industry peers.
BXSL's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 54.38%, BXSL is doing good in the industry, outperforming 65.40% of the companies in the same industry.
BXSL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.56% | ||
| PM (TTM) | 44.26% | ||
| GM | 54.38% |
OM growth 3Y-1.35%
OM growth 5Y1.63%
PM growth 3Y-10.8%
PM growth 5Y-6.13%
GM growth 3Y-3.2%
GM growth 5Y-0.94%
2. Health
2.1 Basic Checks
The number of shares outstanding for BXSL has been increased compared to 1 year ago.
Compared to 5 years ago, BXSL has more shares outstanding
Compared to 1 year ago, BXSL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that BXSL is in the distress zone and has some risk of bankruptcy.
BXSL has a Altman-Z score (0.80) which is comparable to the rest of the industry.
BXSL has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.13, BXSL is in line with its industry, outperforming 42.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.8 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.94 indicates that BXSL may have some problems paying its short term obligations.
BXSL has a Current ratio of 0.94. This is in the lower half of the industry: BXSL underperforms 62.45% of its industry peers.
A Quick Ratio of 0.94 indicates that BXSL may have some problems paying its short term obligations.
The Quick ratio of BXSL (0.94) is worse than 62.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
BXSL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.64%.
BXSL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.04% yearly.
The Revenue has grown by 14.69% in the past year. This is quite good.
Measured over the past years, BXSL shows a very strong growth in Revenue. The Revenue has been growing by 55.07% on average per year.
EPS 1Y (TTM)-8.64%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-13.58%
Revenue 1Y (TTM)14.69%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-0.83%
3.2 Future
The Earnings Per Share is expected to decrease by -8.41% on average over the next years.
The Revenue is expected to decrease by -1.33% on average over the next years.
EPS Next Y-8.05%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
EPS Next 5YN/A
Revenue Next Year7.74%
Revenue Next 2Y4.62%
Revenue Next 3Y-1.33%
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 7.91, the valuation of BXSL can be described as very cheap.
Based on the Price/Earnings ratio, BXSL is valued cheaply inside the industry as 80.59% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of BXSL to the average of the S&P500 Index (26.06), we can say BXSL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.90, the valuation of BXSL can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BXSL indicates a somewhat cheap valuation: BXSL is cheaper than 77.22% of the companies listed in the same industry.
BXSL is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BXSL's earnings are expected to decrease with -8.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
5. Dividend
5.1 Amount
BXSL has a Yearly Dividend Yield of 11.86%, which is a nice return.
Compared to an average industry Dividend Yield of 8.49, BXSL pays a bit more dividend than its industry peers.
BXSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.86% |
5.2 History
BXSL has been paying a dividend for over 5 years, so it has already some track record.
BXSL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
103.25% of the earnings are spent on dividend by BXSL. This is not a sustainable payout ratio.
DP103.25%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
26.49
+0.53 (+2.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners42.05%
Inst Owner Change0.52%
Ins Owners3.26%
Ins Owner Change2.23%
Market Cap6.10B
Revenue(TTM)1.40B
Net Income(TTM)619.01M
Analysts81.11
Price Target31.76 (19.89%)
Short Float %1.34%
Short Ratio1.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.86% |
Yearly Dividend2.86
Dividend Growth(5Y)N/A
DP103.25%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.43%
Min EPS beat(2)-4.58%
Max EPS beat(2)-0.29%
EPS beat(4)0
Avg EPS beat(4)-2.12%
Min EPS beat(4)-4.58%
Max EPS beat(4)-0.26%
EPS beat(8)1
Avg EPS beat(8)-2.85%
EPS beat(12)4
Avg EPS beat(12)-0.28%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.57%
Min Revenue beat(2)-9.32%
Max Revenue beat(2)-1.83%
Revenue beat(4)0
Avg Revenue beat(4)-4.24%
Min Revenue beat(4)-9.32%
Max Revenue beat(4)-0.65%
Revenue beat(8)2
Avg Revenue beat(8)-1.81%
Revenue beat(12)4
Avg Revenue beat(12)-0.4%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.93%
PT rev (3m)-2.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-1.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.9 | ||
| P/S | 4.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.35
EY12.65%
EPS(NY)2.98
Fwd EY11.24%
FCF(TTM)-5.29
FCFYN/A
OCF(TTM)-5.29
OCFYN/A
SpS6.07
BVpS27.31
TBVpS27.31
PEG (NY)N/A
PEG (5Y)0.2
Graham Number45.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.51% | ||
| ROE | 9.84% | ||
| ROCE | 5.6% | ||
| ROIC | 4.42% | ||
| ROICexc | 4.52% | ||
| ROICexgc | 4.52% | ||
| OM | 53.56% | ||
| PM (TTM) | 44.26% | ||
| GM | 54.38% | ||
| FCFM | N/A |
ROA(3y)5.09%
ROA(5y)4.69%
ROE(3y)11.17%
ROE(5y)10.11%
ROIC(3y)4.56%
ROIC(5y)3.95%
ROICexc(3y)4.63%
ROICexc(5y)4.03%
ROICexgc(3y)4.63%
ROICexgc(5y)4.03%
ROCE(3y)5.77%
ROCE(5y)5.01%
ROICexgc growth 3Y15.89%
ROICexgc growth 5Y18.19%
ROICexc growth 3Y15.87%
ROICexc growth 5Y18.19%
OM growth 3Y-1.35%
OM growth 5Y1.63%
PM growth 3Y-10.8%
PM growth 5Y-6.13%
GM growth 3Y-3.2%
GM growth 5Y-0.94%
F-Score1
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.28 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 0.8 |
F-Score1
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.64%
EPS 3Y7.56%
EPS 5Y40.04%
EPS Q2Q%-13.58%
EPS Next Y-8.05%
EPS Next 2Y-7.91%
EPS Next 3Y-8.41%
EPS Next 5YN/A
Revenue 1Y (TTM)14.69%
Revenue growth 3Y28.55%
Revenue growth 5Y55.07%
Sales Q2Q%-0.83%
Revenue Next Year7.74%
Revenue Next 2Y4.62%
Revenue Next 3Y-1.33%
Revenue Next 5YN/A
EBIT growth 1Y8.85%
EBIT growth 3Y26.81%
EBIT growth 5Y57.59%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-191.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-191.38%
OCF growth 3YN/A
OCF growth 5YN/A
BLACKSTONE SECURED LENDING F / BXSL FAQ
Can you provide the ChartMill fundamental rating for BLACKSTONE SECURED LENDING F?
ChartMill assigns a fundamental rating of 3 / 10 to BXSL.
Can you provide the valuation status for BLACKSTONE SECURED LENDING F?
ChartMill assigns a valuation rating of 4 / 10 to BLACKSTONE SECURED LENDING F (BXSL). This can be considered as Fairly Valued.
What is the profitability of BXSL stock?
BLACKSTONE SECURED LENDING F (BXSL) has a profitability rating of 5 / 10.
What is the financial health of BLACKSTONE SECURED LENDING F (BXSL) stock?
The financial health rating of BLACKSTONE SECURED LENDING F (BXSL) is 0 / 10.
What is the expected EPS growth for BLACKSTONE SECURED LENDING F (BXSL) stock?
The Earnings per Share (EPS) of BLACKSTONE SECURED LENDING F (BXSL) is expected to decline by -8.05% in the next year.