GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSBD - US38147U1079 - Common Stock
9.93 USD
-0.08 (-0.8%)
9.8965 USD
-0.03 (-0.34%)
We assign a fundamental rating of 5 out of 10 to GSBD. GSBD was compared to 238 industry peers in the Capital Markets industry. There are concerns on the financial health of GSBD while its profitability can be described as average. GSBD has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
GSBD had positive earnings in the past year.
GSBD had a positive operating cash flow in the past year.
In the past 5 years GSBD has always been profitable.
GSBD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
GSBD's Return On Assets of 3.93% is fine compared to the rest of the industry. GSBD outperforms 62.60% of its industry peers.
GSBD's Return On Equity of 9.15% is in line compared to the rest of the industry. GSBD outperforms 55.46% of its industry peers.
GSBD has a better Return On Invested Capital (4.69%) than 63.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GSBD is in line with the industry average of 6.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 9.15% | ||
| ROIC | 4.69% |
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
1.3 Margins
With a decent Profit Margin value of 34.72%, GSBD is doing good in the industry, outperforming 78.99% of the companies in the same industry.
GSBD's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 51.12%, GSBD belongs to the best of the industry, outperforming 89.08% of the companies in the same industry.
In the last couple of years the Operating Margin of GSBD has remained more or less at the same level.
The Gross Margin of GSBD (53.81%) is better than 65.55% of its industry peers.
In the last couple of years the Gross Margin of GSBD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.12% | ||
| PM (TTM) | 34.72% | ||
| GM | 53.81% |
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
GSBD has more shares outstanding than it did 1 year ago.
GSBD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GSBD has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.48, GSBD is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
GSBD has a debt to FCF ratio of 5.00. This is a neutral value as GSBD would need 5.00 years to pay back of all of its debts.
GSBD's Debt to FCF ratio of 5.00 is fine compared to the rest of the industry. GSBD outperforms 71.01% of its industry peers.
GSBD has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
GSBD has a Debt to Equity ratio of 1.27. This is in the lower half of the industry: GSBD underperforms 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.34 indicates that GSBD should not have too much problems paying its short term obligations.
GSBD's Current ratio of 1.34 is fine compared to the rest of the industry. GSBD outperforms 63.45% of its industry peers.
A Quick Ratio of 1.34 indicates that GSBD should not have too much problems paying its short term obligations.
GSBD has a Quick ratio of 1.34. This is in the better half of the industry: GSBD outperforms 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
GSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.66%.
GSBD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.14% yearly.
GSBD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.05%.
GSBD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.15% yearly.
EPS 1Y (TTM)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%
3.2 Future
Based on estimates for the next years, GSBD will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.50% on average per year.
GSBD is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.39% yearly.
EPS Next Y-29.09%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
EPS Next 5YN/A
Revenue Next Year-15.65%
Revenue Next 2Y-11.29%
Revenue Next 3Y-10.39%
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
The Price/Earnings ratio is 5.91, which indicates a rather cheap valuation of GSBD.
GSBD's Price/Earnings ratio is rather cheap when compared to the industry. GSBD is cheaper than 90.76% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, GSBD is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.38, the valuation of GSBD can be described as very cheap.
GSBD's Price/Forward Earnings ratio is rather cheap when compared to the industry. GSBD is cheaper than 87.39% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, GSBD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.91 | ||
| Fwd PE | 7.38 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, GSBD is valued cheaper than 87.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.07 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GSBD has a very decent profitability rating, which may justify a higher PE ratio.
GSBD's earnings are expected to decrease with -16.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.76
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
5. Dividend
5.1 Amount
GSBD has a Yearly Dividend Yield of 12.90%, which is a nice return.
GSBD's Dividend Yield is rather good when compared to the industry average which is at 8.39. GSBD pays more dividend than 81.09% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, GSBD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.9% |
5.2 History
The dividend of GSBD has a limited annual growth rate of 0.10%.
GSBD has been paying a dividend for at least 10 years, so it has a reliable track record.
GSBD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.1%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
GSBD pays out 169.14% of its income as dividend. This is not a sustainable payout ratio.
GSBD's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP169.14%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
9.93
-0.08 (-0.8%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners33.43%
Inst Owner Change-22.18%
Ins Owners0.14%
Ins Owner Change0.17%
Market Cap1.13B
Revenue(TTM)383.31M
Net Income(TTM)133.09M
Analysts46.67
Price Target10.46 (5.34%)
Short Float %2.44%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.9% |
Yearly Dividend1.74
Dividend Growth(5Y)0.1%
DP169.14%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-5.68%
Max EPS beat(2)6.71%
EPS beat(4)1
Avg EPS beat(4)-2.02%
Min EPS beat(4)-5.68%
Max EPS beat(4)6.71%
EPS beat(8)3
Avg EPS beat(8)-0.17%
EPS beat(12)6
Avg EPS beat(12)1.63%
EPS beat(16)8
Avg EPS beat(16)2.43%
Revenue beat(2)0
Avg Revenue beat(2)-6.53%
Min Revenue beat(2)-11.03%
Max Revenue beat(2)-2.03%
Revenue beat(4)0
Avg Revenue beat(4)-5.55%
Min Revenue beat(4)-11.03%
Max Revenue beat(4)-2.03%
Revenue beat(8)1
Avg Revenue beat(8)-4.43%
Revenue beat(12)3
Avg Revenue beat(12)-3.98%
Revenue beat(16)4
Avg Revenue beat(16)-4.52%
PT rev (1m)-6.11%
PT rev (3m)-6.11%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-2.72%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)-4.64%
Revenue NQ rev (3m)-4.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.91 | ||
| Fwd PE | 7.38 | ||
| P/S | 2.96 | ||
| P/FCF | 3.07 | ||
| P/OCF | 3.07 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.68
EY16.92%
EPS(NY)1.35
Fwd EY13.56%
FCF(TTM)3.23
FCFY32.54%
OCF(TTM)3.23
OCFY32.54%
SpS3.36
BVpS12.75
TBVpS12.75
PEG (NY)N/A
PEG (5Y)2.76
Graham Number21.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 9.15% | ||
| ROCE | 5.94% | ||
| ROIC | 4.69% | ||
| ROICexc | 4.86% | ||
| ROICexgc | 4.86% | ||
| OM | 51.12% | ||
| PM (TTM) | 34.72% | ||
| GM | 53.81% | ||
| FCFM | 96.18% |
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
ROICexc(3y)5.59%
ROICexc(5y)4.99%
ROICexgc(3y)5.6%
ROICexgc(5y)4.99%
ROCE(3y)6.97%
ROCE(5y)6.23%
ROICexgc growth 3Y2.08%
ROICexgc growth 5Y5.75%
ROICexc growth 3Y2.1%
ROICexc growth 5Y5.76%
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.98 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 277.01% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 0.48 |
F-Score6
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)69.08%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
EPS Next Y-29.09%
EPS Next 2Y-21.59%
EPS Next 3Y-16.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%
Revenue Next Year-15.65%
Revenue Next 2Y-11.29%
Revenue Next 3Y-10.39%
Revenue Next 5YN/A
EBIT growth 1Y-24%
EBIT growth 3Y2.08%
EBIT growth 5Y25.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.85%
OCF growth 3YN/A
OCF growth 5YN/A
GOLDMAN SACHS BDC INC / GSBD FAQ
What is the fundamental rating for GSBD stock?
ChartMill assigns a fundamental rating of 5 / 10 to GSBD.
Can you provide the valuation status for GOLDMAN SACHS BDC INC?
ChartMill assigns a valuation rating of 7 / 10 to GOLDMAN SACHS BDC INC (GSBD). This can be considered as Undervalued.
Can you provide the profitability details for GOLDMAN SACHS BDC INC?
GOLDMAN SACHS BDC INC (GSBD) has a profitability rating of 6 / 10.
What are the PE and PB ratios of GOLDMAN SACHS BDC INC (GSBD) stock?
The Price/Earnings (PE) ratio for GOLDMAN SACHS BDC INC (GSBD) is 5.91 and the Price/Book (PB) ratio is 0.78.
How sustainable is the dividend of GOLDMAN SACHS BDC INC (GSBD) stock?
The dividend rating of GOLDMAN SACHS BDC INC (GSBD) is 5 / 10 and the dividend payout ratio is 169.14%.