BLACKSTONE SECURED LENDING F (BXSL) Stock Fundamental Analysis
USA - NYSE:BXSL - US09261X1028 - Common Stock
25.96 USD
-0.01 (-0.04%)
25.98 USD
+0.02 (+0.08%)
BXSL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 239 industry peers in the Capital Markets industry. BXSL has a medium profitability rating, but doesn't score so well on its financial health evaluation. BXSL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BXSL had positive earnings in the past year.
BXSL had a negative operating cash flow in the past year.
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
BXSL has a better Return On Assets (4.51%) than 64.98% of its industry peers.
With a Return On Equity value of 9.84%, BXSL perfoms like the industry average, outperforming 56.12% of the companies in the same industry.
BXSL has a Return On Invested Capital of 4.42%. This is comparable to the rest of the industry: BXSL outperforms 59.07% of its industry peers.
BXSL had an Average Return On Invested Capital over the past 3 years of 4.56%. This is below the industry average of 7.55%.
| 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
BXSL's Profit Margin of 44.26% is amongst the best of the industry. BXSL outperforms 87.34% of its industry peers.
BXSL's Profit Margin has declined in the last couple of years.
BXSL has a Operating Margin of 53.56%. This is amongst the best in the industry. BXSL outperforms 89.45% of its industry peers.
In the last couple of years the Operating Margin of BXSL has grown nicely.
BXSL's Gross Margin of 54.38% is fine compared to the rest of the industry. BXSL outperforms 65.40% of its industry peers.
In the last couple of years the Gross Margin of BXSL has remained more or less at the same level.
| 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.
The number of shares outstanding for BXSL has been increased compared to 5 years ago.
BXSL has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.79, we must say that BXSL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BXSL (0.79) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.13 is on the high side and indicates that BXSL has dependencies on debt 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 | 0.79 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BXSL has a Current Ratio of 0.94. This is a bad value and indicates that BXSL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of BXSL (0.94) is worse than 61.18% of its industry peers.
BXSL has a Quick Ratio of 0.94. This is a bad value and indicates that BXSL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.94, BXSL is doing worse than 60.76% of the companies in the same industry.
| 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%.
Measured over the past years, BXSL shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.04% on average per year.
Looking at the last year, BXSL shows a quite strong growth in Revenue. The Revenue has grown by 14.69% in the last year.
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
Based on estimates for the next years, BXSL will show a decrease in Earnings Per Share. The EPS will decrease by -7.75% on average per year.
Based on estimates for the next years, BXSL will show a decrease in Revenue. The Revenue will decrease by -1.33% on average per year.
EPS Next Y-8.12%
EPS Next 2Y-7.67%
EPS Next 3Y-7.75%
EPS Next 5YN/A
Revenue Next Year7.74%
Revenue Next 2Y4.62%
Revenue Next 3Y-1.33%
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.
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
BXSL is valuated cheaply with a Price/Earnings ratio of 7.75.
81.01% of the companies in the same industry are more expensive than BXSL, based on the Price/Earnings ratio.
BXSL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.40.
BXSL is valuated reasonably with a Price/Forward Earnings ratio of 8.67.
76.79% of the companies in the same industry are more expensive than BXSL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.94. BXSL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 8.67 |
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 BXSL's earnings are expected to decrease with -7.75% in the coming years.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-7.67%
EPS Next 3Y-7.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.86%, BXSL is a good candidate for dividend investing.
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 2.36.
| 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-7.67%
EPS Next 3Y-7.75%
25.96
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners42.05%
Inst Owner Change-0.02%
Ins Owners3.26%
Ins Owner Change2.23%
Market Cap5.98B
Analysts80
Price Target32.39 (24.77%)
Short Float %1.41%
Short Ratio1.95
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)-0.59%
PT rev (3m)-1%
EPS NQ rev (1m)0.07%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)-0.37%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)3.21%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 8.67 | ||
| P/S | 4.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.35
EY12.9%
EPS(NY)2.99
Fwd EY11.53%
FCF(TTM)-5.29
FCFYN/A
OCF(TTM)-5.29
OCFYN/A
SpS6.07
BVpS27.31
TBVpS27.31
PEG (NY)N/A
PEG (5Y)0.19
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%
ROICexcg growth 3Y15.89%
ROICexcg 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 | 0.79 |
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-8.12%
EPS Next 2Y-7.67%
EPS Next 3Y-7.75%
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