FIDUS INVESTMENT CORP (FDUS) Stock Fundamental Analysis
NASDAQ:FDUS - US3165001070 - Common Stock
21.39 USD
0 (0%)
21.39 USD
0 (0%)
FDUS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. While FDUS has a great profitability rating, there are quite some concerns on its financial health. FDUS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FDUS was profitable.
In the past year FDUS had a positive cash flow from operations.
Each year in the past 5 years FDUS has been profitable.
The reported operating cash flow has been mixed in the past 5 years: FDUS reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.28%, FDUS is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.41%, FDUS is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
FDUS has a Return On Invested Capital of 6.37%. This is in the better half of the industry: FDUS outperforms 73.11% of its industry peers.
FDUS had an Average Return On Invested Capital over the past 3 years of 4.86%. This is below the industry average of 7.61%.
The last Return On Invested Capital (6.37%) for FDUS is above the 3 year average (4.86%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 11.41% | ||
| ROIC | 6.37% |
ROA(3y)5.87%
ROA(5y)6.83%
ROE(3y)10.83%
ROE(5y)12.78%
ROIC(3y)4.86%
ROIC(5y)4.14%
1.3 Margins
FDUS has a Profit Margin of 51.88%. This is amongst the best in the industry. FDUS outperforms 92.44% of its industry peers.
In the last couple of years the Profit Margin of FDUS has declined.
The Operating Margin of FDUS (52.07%) is better than 87.82% of its industry peers.
FDUS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.60%, FDUS is in the better half of the industry, outperforming 65.13% of the companies in the same industry.
FDUS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.07% | ||
| PM (TTM) | 51.88% | ||
| GM | 54.6% |
OM growth 3Y23.01%
OM growth 5Y4.6%
PM growth 3Y-25.27%
PM growth 5Y-3.15%
GM growth 3Y2.36%
GM growth 5Y3.91%
2. Health
2.1 Basic Checks
Compared to 1 year ago, FDUS has more shares outstanding
FDUS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FDUS has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.08, we must say that FDUS is in the distress zone and has some risk of bankruptcy.
FDUS's Altman-Z score of 1.08 is in line compared to the rest of the industry. FDUS outperforms 55.04% of its industry peers.
The Debt to FCF ratio of FDUS is 35.50, which is on the high side as it means it would take FDUS, 35.50 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 35.50, FDUS is in line with its industry, outperforming 46.64% of the companies in the same industry.
FDUS has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.42, FDUS is doing good in the industry, outperforming 67.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 35.5 | ||
| Altman-Z | 1.08 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.39 indicates that FDUS may have some problems paying its short term obligations.
FDUS has a worse Current ratio (0.39) than 78.99% of its industry peers.
A Quick Ratio of 0.39 indicates that FDUS may have some problems paying its short term obligations.
FDUS has a worse Quick ratio (0.39) than 78.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for FDUS have decreased by -9.24% in the last year.
The Earnings Per Share has been growing by 9.91% on average over the past years. This is quite good.
Looking at the last year, FDUS shows a quite strong growth in Revenue. The Revenue has grown by 8.16% in the last year.
The Revenue has been growing by 13.64% on average over the past years. This is quite good.
EPS 1Y (TTM)-9.24%
EPS 3Y9.28%
EPS 5Y9.91%
EPS Q2Q%0%
Revenue 1Y (TTM)8.16%
Revenue growth 3Y17.35%
Revenue growth 5Y13.64%
Sales Q2Q%12.07%
3.2 Future
Based on estimates for the next years, FDUS will show a decrease in Earnings Per Share. The EPS will decrease by -5.85% on average per year.
FDUS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.27% yearly.
EPS Next Y-6.44%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
EPS Next 5YN/A
Revenue Next Year4.04%
Revenue Next 2Y5%
Revenue Next 3Y3.27%
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.
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
The Price/Earnings ratio is 9.46, which indicates a very decent valuation of FDUS.
Based on the Price/Earnings ratio, FDUS is valued a bit cheaper than the industry average as 77.73% of the companies are valued more expensively.
FDUS is valuated cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.58, the valuation of FDUS can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDUS indicates a somewhat cheap valuation: FDUS is cheaper than 68.49% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.69. FDUS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FDUS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.69 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FDUS has a very decent profitability rating, which may justify a higher PE ratio.
FDUS's earnings are expected to decrease with -5.85% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.95
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
5. Dividend
5.1 Amount
FDUS has a Yearly Dividend Yield of 8.04%, which is a nice return.
FDUS's Dividend Yield is a higher than the industry average which is at 8.21.
Compared to an average S&P500 Dividend Yield of 2.45, FDUS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.04% |
5.2 History
The dividend of FDUS is nicely growing with an annual growth rate of 8.82%!
FDUS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FDUS pays out 95.89% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of FDUS has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP95.89%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
21.39
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners27.35%
Inst Owner Change281.87%
Ins Owners0.92%
Ins Owner Change0%
Market Cap756.78M
Analysts83.64
Price Target22.54 (5.38%)
Short Float %1.18%
Short Ratio2.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.04% |
Yearly Dividend2.44
Dividend Growth(5Y)8.82%
DP95.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.84%
Min EPS beat(2)-1.37%
Max EPS beat(2)7.05%
EPS beat(4)3
Avg EPS beat(4)3.23%
Min EPS beat(4)-1.37%
Max EPS beat(4)7.05%
EPS beat(8)5
Avg EPS beat(8)3.31%
EPS beat(12)9
Avg EPS beat(12)4.36%
EPS beat(16)13
Avg EPS beat(16)6.15%
Revenue beat(2)2
Avg Revenue beat(2)2.48%
Min Revenue beat(2)0.24%
Max Revenue beat(2)4.73%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-3.83%
Max Revenue beat(4)4.73%
Revenue beat(8)6
Avg Revenue beat(8)2.26%
Revenue beat(12)10
Avg Revenue beat(12)2.85%
Revenue beat(16)13
Avg Revenue beat(16)3%
PT rev (1m)3.27%
PT rev (3m)3.27%
EPS NQ rev (1m)-3.17%
EPS NQ rev (3m)-6.77%
EPS NY rev (1m)2.81%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)-0.94%
Revenue NQ rev (3m)2.95%
Revenue NY rev (1m)0.45%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 10.58 | ||
| P/S | 4.97 | ||
| P/FCF | 50.69 | ||
| P/OCF | 50.69 | ||
| P/B | 1.09 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.26
EY10.57%
EPS(NY)2.02
Fwd EY9.45%
FCF(TTM)0.42
FCFY1.97%
OCF(TTM)0.42
OCFY1.97%
SpS4.3
BVpS19.57
TBVpS19.57
PEG (NY)N/A
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 11.41% | ||
| ROCE | 8.06% | ||
| ROIC | 6.37% | ||
| ROICexc | 7.02% | ||
| ROICexgc | 7.02% | ||
| OM | 52.07% | ||
| PM (TTM) | 51.88% | ||
| GM | 54.6% | ||
| FCFM | 9.8% |
ROA(3y)5.87%
ROA(5y)6.83%
ROE(3y)10.83%
ROE(5y)12.78%
ROIC(3y)4.86%
ROIC(5y)4.14%
ROICexc(3y)5.27%
ROICexc(5y)4.63%
ROICexgc(3y)5.27%
ROICexgc(5y)4.63%
ROCE(3y)6.16%
ROCE(5y)5.24%
ROICexcg growth 3Y24.23%
ROICexcg growth 5Y9.99%
ROICexc growth 3Y24.23%
ROICexc growth 5Y9.99%
OM growth 3Y23.01%
OM growth 5Y4.6%
PM growth 3Y-25.27%
PM growth 5Y-3.15%
GM growth 3Y2.36%
GM growth 5Y3.91%
F-Score3
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 35.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.5 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 18.89% | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 1.08 |
F-Score3
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)-9.24%
EPS 3Y9.28%
EPS 5Y9.91%
EPS Q2Q%0%
EPS Next Y-6.44%
EPS Next 2Y-6.44%
EPS Next 3Y-5.85%
EPS Next 5YN/A
Revenue 1Y (TTM)8.16%
Revenue growth 3Y17.35%
Revenue growth 5Y13.64%
Sales Q2Q%12.07%
Revenue Next Year4.04%
Revenue Next 2Y5%
Revenue Next 3Y3.27%
Revenue Next 5YN/A
EBIT growth 1Y14.5%
EBIT growth 3Y44.34%
EBIT growth 5Y18.87%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y121.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y121.21%
OCF growth 3YN/A
OCF growth 5YN/A