MAIN STREET CAPITAL CORP (MAIN) Fundamental Analysis & Valuation

NYSE:MAIN • US56035L1044

56.78 USD

-0.04 (-0.07%)

At close: Mar 10, 2026

56.6155 USD

-0.16 (-0.29%)

After Hours: 3/10/2026, 8:04:00 PM

Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MAIN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

Overall MAIN gets a fundamental rating of 4 out of 10. We evaluated MAIN against 242 industry peers in the Capital Markets industry. MAIN scores excellent on profitability, but there are concerns on its financial health. While showing a medium growth rate, MAIN is valued expensive at the moment.

Quickly go to:

1. Profitability 2. Health 3. Growth 4. Valuation 5. Dividend

1. MAIN Profitability Analysis

1.1 Basic Checks

In the past year MAIN was profitable.
In the past year MAIN has reported a negative cash flow from operations.
MAIN had positive earnings in each of the past 5 years.
In the past 5 years MAIN reported 4 times negative operating cash flow.

1.2 Ratios

With an excellent Return On Assets value of 8.68%, MAIN belongs to the best of the industry, outperforming 80.99% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.48%, MAIN is in the better half of the industry, outperforming 77.69% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.21%, MAIN is in the better half of the industry, outperforming 69.83% of the companies in the same industry.
MAIN had an Average Return On Invested Capital over the past 3 years of 5.66%. This is in line with the industry average of 7.06%.

		Industry Rank	Sector Rank
ROA	8.68%
ROE	16.48%
ROIC	5.21%

ROA(3y)9.42%

ROA(5y)8.58%

ROE(3y)17.31%

ROE(5y)16.38%

ROIC(3y)5.66%

ROIC(5y)5.13%

1.3 Margins

MAIN has a Profit Margin of 87.11%. This is amongst the best in the industry. MAIN outperforms 95.04% of its industry peers.
MAIN's Profit Margin has improved in the last couple of years.
MAIN has a better Operating Margin (64.75%) than 98.35% of its industry peers.
MAIN's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 77.40%, MAIN belongs to the best of the industry, outperforming 84.30% of the companies in the same industry.
MAIN's Gross Margin has been stable in the last couple of years.

		Industry Rank	Sector Rank
OM	64.75%
PM (TTM)	87.11%
GM	77.4%

OM growth 3Y-0.17%

OM growth 5Y0.89%

PM growth 3Y10.77%

PM growth 5Y45.83%

GM growth 3Y-0.77%

GM growth 5Y-0.08%

More info and screens

ROA ROE ROIC Operating and Profit Margin Show most profitable peers

2. MAIN Health Analysis

2.1 Basic Checks

MAIN has more shares outstanding than it did 1 year ago.
MAIN has more shares outstanding than it did 5 years ago.
MAIN has a worse debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 1.59, we must say that MAIN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MAIN (1.59) is better than 65.70% of its industry peers.
MAIN has a Debt/Equity ratio of 0.82. This is a neutral value indicating MAIN is somewhat dependend on debt financing.
MAIN has a Debt to Equity ratio of 0.82. This is comparable to the rest of the industry: MAIN outperforms 58.68% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.82
Debt/FCF	N/A
Altman-Z	1.59

ROIC/WACCN/A

WACCN/A

2.3 Liquidity

MAIN has a Current Ratio of 1.24. This is a normal value and indicates that MAIN is financially healthy and should not expect problems in meeting its short term obligations.
MAIN's Current ratio of 1.24 is in line compared to the rest of the industry. MAIN outperforms 52.48% of its industry peers.
A Quick Ratio of 1.24 indicates that MAIN should not have too much problems paying its short term obligations.
MAIN has a Quick ratio (1.24) which is comparable to the rest of the industry.

		Industry Rank	Sector Rank
Current Ratio	1.24
Quick Ratio	1.24

More info and screens

WACC Debt/Equity How to determine the health of a company Altman-Z score Show peers with great health

3. MAIN Growth Analysis

3.1 Past

MAIN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.47%.
MAIN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.87% yearly.
The Revenue has been growing slightly by 4.69% in the past year.
The Revenue has been growing by 20.54% on average over the past years. This is a very strong growth!

EPS 1Y (TTM)-1.47%

EPS 3Y6.91%

EPS 5Y13.87%

EPS Q2Q%2.94%

Revenue 1Y (TTM)4.69%

Revenue growth 3Y14.54%

Revenue growth 5Y20.54%

Sales Q2Q%3.63%

3.2 Future

MAIN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.62% yearly.
MAIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.05% yearly.

EPS Next Y0.58%

EPS Next 2Y2.62%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next Year2.78%

Revenue Next 2Y4.05%

Revenue Next 3YN/A

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.

More info and screens

Find the best growth stocks Show best growing peers

4. MAIN Valuation Analysis

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 14.12 indicates a correct valuation of MAIN.
MAIN's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.25. MAIN is valued slightly cheaper when compared to this.
MAIN is valuated correctly with a Price/Forward Earnings ratio of 14.04.
The rest of the industry has a similar Price/Forward Earnings ratio as MAIN.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.39, MAIN is valued a bit cheaper.

		Industry Rank	Sector Rank
PE	14.12
Fwd PE	14.04

4.2 Price Multiples

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	N/A

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of MAIN may justify a higher PE ratio.

PEG (NY)24.39

PEG (5Y)1.02

EPS Next 2Y2.62%

EPS Next 3YN/A

More info and screens

Price/Earnings Price/FCF FCF per share EV/EBITDA PEG RATIO Show best valued peers

5. MAIN Dividend Analysis

5.1 Amount

MAIN has a Yearly Dividend Yield of 5.35%, which is a nice return.
MAIN's Dividend Yield is comparable with the industry average which is at 6.64.
Compared to an average S&P500 Dividend Yield of 1.82, MAIN pays a better dividend.

		Industry Rank	Sector Rank
Dividend Yield	5.35%

5.2 History

The dividend of MAIN is nicely growing with an annual growth rate of 11.69%!
MAIN has been paying a dividend for at least 10 years, so it has a reliable track record.
MAIN has not decreased its dividend in the last 3 years.

Dividend Growth(5Y)11.69%

Div Incr Years4

Div Non Decr Years4

5.3 Sustainability

68.76% of the earnings are spent on dividend by MAIN. This is not a sustainable payout ratio.
The dividend of MAIN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP68.76%

EPS Next 2Y2.62%

EPS Next 3YN/A

More info and screens

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MAIN Fundamentals: All Metrics, Ratios and Statistics

MAIN STREET CAPITAL CORP

NYSE:MAIN (3/10/2026, 8:04:00 PM)

After market: 56.6155 -0.16 (-0.29%)

56.78

-0.04 (-0.07%)

Chartmill FA Rating

GICS SectorFinancials

GICS IndustryGroupFinancial Services

GICS IndustryCapital Markets

Earnings (Last)02-26 2026-02-26/amc

Earnings (Next)05-01 2026-05-01

Inst Owners23.43%

Inst Owner Change9.44%

Ins Owners1.59%

Ins Owner Change0%

Market Cap5.12B

Revenue(TTM)566.39M

Net Income(TTM)493.40M

Analysts72.86

Price Target64.7 (13.95%)

Short Float %7.67%

Short Ratio10.99

Dividend

		Industry Rank	Sector Rank
Dividend Yield	5.35%

Yearly Dividend3.81

Dividend Growth(5Y)11.69%

DP68.76%

Div Incr Years4

Div Non Decr Years4

Ex-Date06-08 2026-06-08 (0.26)

Surprises & Revisions

EPS beat(2)1

Avg EPS beat(2)0.71%

Min EPS beat(2)-2.92%

Max EPS beat(2)4.33%

EPS beat(4)1

Avg EPS beat(4)-0.43%

Min EPS beat(4)-2.92%

Max EPS beat(4)4.33%

EPS beat(8)1

Avg EPS beat(8)-1.44%

EPS beat(12)4

Avg EPS beat(12)-0.48%

EPS beat(16)8

Avg EPS beat(16)0.96%

Revenue beat(2)1

Avg Revenue beat(2)-0.54%

Min Revenue beat(2)-1.99%

Max Revenue beat(2)0.9%

Revenue beat(4)2

Avg Revenue beat(4)-0.1%

Min Revenue beat(4)-2.19%

Max Revenue beat(4)2.86%

Revenue beat(8)3

Avg Revenue beat(8)-0.86%

Revenue beat(12)6

Avg Revenue beat(12)-0.2%

Revenue beat(16)9

Avg Revenue beat(16)0.62%

PT rev (1m)0%

PT rev (3m)4.55%

EPS NQ rev (1m)1.58%

EPS NQ rev (3m)1.79%

EPS NY rev (1m)1.51%

EPS NY rev (3m)1.77%

Revenue NQ rev (1m)1.19%

Revenue NQ rev (3m)1.19%

Revenue NY rev (1m)0.96%

Revenue NY rev (3m)1.18%

Valuation

		Industry Rank	Sector Rank
PE	14.12
Fwd PE	14.04
P/S	9.03
P/FCF	N/A
P/OCF	N/A
P/B	1.71
P/tB	1.71
EV/EBITDA	N/A

EPS(TTM)4.02

EY7.08%

EPS(NY)4.04

Fwd EY7.12%

FCF(TTM)-0.51

FCFYN/A

OCF(TTM)-0.51

OCFYN/A

SpS6.29

BVpS33.23

TBVpS33.23

PEG (NY)24.39

PEG (5Y)1.02

Graham Number54.82

Profitability

		Industry Rank	Sector Rank
ROA	8.68%
ROE	16.48%
ROCE	6.6%
ROIC	5.21%
ROICexc	5.25%
ROICexgc	5.25%
OM	64.75%
PM (TTM)	87.11%
GM	77.4%
FCFM	N/A

ROA(3y)9.42%

ROA(5y)8.58%

ROE(3y)17.31%

ROE(5y)16.38%

ROIC(3y)5.66%

ROIC(5y)5.13%

ROICexc(3y)5.73%

ROICexc(5y)5.19%

ROICexgc(3y)5.73%

ROICexgc(5y)5.19%

ROCE(3y)7.16%

ROCE(5y)6.49%

ROICexgc growth 3Y3.62%

ROICexgc growth 5Y5.36%

ROICexc growth 3Y3.62%

ROICexc growth 5Y5.36%

OM growth 3Y-0.17%

OM growth 5Y0.89%

PM growth 3Y10.77%

PM growth 5Y45.83%

GM growth 3Y-0.77%

GM growth 5Y-0.08%

F-Score2

Asset Turnover0.1

Health

		Industry Rank	Sector Rank
Debt/Equity	0.82
Debt/FCF	N/A
Debt/EBITDA	N/A
Cap/Depr	N/A
Cap/Sales	N/A
Interest Coverage	3.2
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	1.24
Quick Ratio	1.24
Altman-Z	1.59

F-Score2

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)-1.47%

EPS 3Y6.91%

EPS 5Y13.87%

EPS Q2Q%2.94%

EPS Next Y0.58%

EPS Next 2Y2.62%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue 1Y (TTM)4.69%

Revenue growth 3Y14.54%

Revenue growth 5Y20.54%

Sales Q2Q%3.63%

Revenue Next Year2.78%

Revenue Next 2Y4.05%

Revenue Next 3YN/A

Revenue Next 5YN/A

EBIT growth 1Y3.26%

EBIT growth 3Y14.35%

EBIT growth 5Y21.61%

EBIT Next YearN/A

EBIT Next 3YN/A

EBIT Next 5YN/A

FCF growth 1Y47.54%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y47.54%

OCF growth 3YN/A

OCF growth 5YN/A

MAIN STREET CAPITAL CORP / MAIN FAQ

Can you provide the ChartMill fundamental rating for MAIN STREET CAPITAL CORP?

ChartMill assigns a fundamental rating of 4 / 10 to MAIN.

What is the valuation status of MAIN STREET CAPITAL CORP (MAIN) stock?

ChartMill assigns a valuation rating of 3 / 10 to MAIN STREET CAPITAL CORP (MAIN). This can be considered as Overvalued.

Can you provide the profitability details for MAIN STREET CAPITAL CORP?

MAIN STREET CAPITAL CORP (MAIN) has a profitability rating of 7 / 10.

Can you provide the expected EPS growth for MAIN stock?

The Earnings per Share (EPS) of MAIN STREET CAPITAL CORP (MAIN) is expected to grow by 0.58% in the next year.

Can you provide the dividend sustainability for MAIN stock?

The dividend rating of MAIN STREET CAPITAL CORP (MAIN) is 6 / 10 and the dividend payout ratio is 68.76%.