BLUE OWL CAPITAL CORP (OBDC) Stock Fundamental Analysis
NYSE:OBDC - New York Stock Exchange, Inc. - US69121K1043 - Common Stock - Currency: USD
Taking everything into account, OBDC scores 3 out of 10 in our fundamental rating. OBDC was compared to 233 industry peers in the Capital Markets industry. OBDC has a medium profitability rating, but doesn't score so well on its financial health evaluation. OBDC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year OBDC was profitable.
OBDC had a negative operating cash flow in the past year.
Each year in the past 5 years OBDC has been profitable.
The reported operating cash flow has been mixed in the past 5 years: OBDC reported negative operating cash flow in multiple years.
1.2 Ratios
OBDC has a better Return On Assets (3.57%) than 60.52% of its industry peers.
Looking at the Return On Equity, with a value of 8.46%, OBDC is in line with its industry, outperforming 51.50% of the companies in the same industry.
OBDC has a Return On Invested Capital (3.34%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OBDC is below the industry average of 7.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 8.46% | ||
| ROIC | 3.34% |
ROA(3y)4.53%
ROA(5y)4.34%
ROE(3y)10.37%
ROE(5y)9.67%
ROIC(3y)4.24%
ROIC(5y)3.88%
1.3 Margins
With an excellent Profit Margin value of 39.42%, OBDC belongs to the best of the industry, outperforming 83.69% of the companies in the same industry.
In the last couple of years the Profit Margin of OBDC has declined.
OBDC's Operating Margin of 45.49% is fine compared to the rest of the industry. OBDC outperforms 79.40% of its industry peers.
OBDC's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 47.89%, OBDC is in line with its industry, outperforming 52.79% of the companies in the same industry.
OBDC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.49% | ||
| PM (TTM) | 39.42% | ||
| GM | 47.89% |
OM growth 3Y-1.19%
OM growth 5Y-7.73%
PM growth 3Y-15.24%
PM growth 5Y-11.69%
GM growth 3Y-1.39%
GM growth 5Y-4.66%
2. Health
2.1 Basic Checks
OBDC has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for OBDC has been reduced compared to 5 years ago.
Compared to 1 year ago, OBDC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.67, we must say that OBDC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.67, OBDC is doing worse than 60.52% of the companies in the same industry.
A Debt/Equity ratio of 1.31 is on the high side and indicates that OBDC has dependencies on debt financing.
The Debt to Equity ratio of OBDC (1.31) is worse than 65.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
OBDC has a Current Ratio of 1.02. This is a normal value and indicates that OBDC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of OBDC (1.02) is comparable to the rest of the industry.
OBDC has a Quick Ratio of 1.02. This is a normal value and indicates that OBDC is financially healthy and should not expect problems in meeting its short term obligations.
OBDC has a Quick ratio of 1.02. This is comparable to the rest of the industry: OBDC outperforms 48.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The earnings per share for OBDC have decreased by -6.92% in the last year.
Measured over the past years, OBDC shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.06% on average per year.
OBDC shows a small growth in Revenue. In the last year, the Revenue has grown by 3.60%.
OBDC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.33% yearly.
EPS 1Y (TTM)-6.92%
EPS 3Y15.19%
EPS 5Y-0.06%
EPS Q2Q%-17.02%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y16.06%
Revenue growth 5Y17.33%
Sales Q2Q%16.28%
3.2 Future
The Earnings Per Share is expected to decrease by -9.44% on average over the next years.
The Revenue is expected to grow by 2.28% on average over the next years.
EPS Next Y-14.58%
EPS Next 2Y-9.53%
EPS Next 3Y-9.44%
EPS Next 5YN/A
Revenue Next Year18.88%
Revenue Next 2Y7.78%
Revenue Next 3Y2.28%
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
OBDC is valuated reasonably with a Price/Earnings ratio of 8.29.
OBDC's Price/Earnings ratio is rather cheap when compared to the industry. OBDC is cheaper than 83.69% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.50. OBDC is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.73, which indicates a very decent valuation of OBDC.
Based on the Price/Forward Earnings ratio, OBDC is valued a bit cheaper than 76.82% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.44, OBDC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.29 | ||
| Fwd PE | 9.73 |
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 OBDC's earnings are expected to decrease with -9.44% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.53%
EPS Next 3Y-9.44%
5. Dividend
5.1 Amount
OBDC has a Yearly Dividend Yield of 10.12%, which is a nice return.
Compared to an average industry Dividend Yield of 7.76, OBDC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, OBDC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.12% |
5.2 History
On average, the dividend of OBDC grows each year by 24.16%, which is quite nice.
OBDC has been paying a dividend for over 5 years, so it has already some track record.
OBDC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)24.16%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
OBDC pays out 100.43% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of OBDC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP100.43%
EPS Next 2Y-9.53%
EPS Next 3Y-9.44%
15.09
-0.01 (-0.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners46.9%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner Change11.02%
Market Cap7.71B
Analysts83.33
Price Target15.9 (5.37%)
Short Float %1.54%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.12% |
Yearly Dividend1.68
Dividend Growth(5Y)24.16%
DP100.43%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.36%
Min EPS beat(2)-11.08%
Max EPS beat(2)0.37%
EPS beat(4)2
Avg EPS beat(4)-3.1%
Min EPS beat(4)-11.08%
Max EPS beat(4)1.94%
EPS beat(8)5
Avg EPS beat(8)-1.11%
EPS beat(12)8
Avg EPS beat(12)-0.04%
EPS beat(16)11
Avg EPS beat(16)0.21%
Revenue beat(2)0
Avg Revenue beat(2)-3.02%
Min Revenue beat(2)-3.79%
Max Revenue beat(2)-2.25%
Revenue beat(4)0
Avg Revenue beat(4)-1.84%
Min Revenue beat(4)-3.79%
Max Revenue beat(4)-0.48%
Revenue beat(8)2
Avg Revenue beat(8)-1.08%
Revenue beat(12)5
Avg Revenue beat(12)-0.04%
Revenue beat(16)8
Avg Revenue beat(16)0.11%
PT rev (1m)0%
PT rev (3m)-3.61%
EPS NQ rev (1m)-0.62%
EPS NQ rev (3m)-4.94%
EPS NY rev (1m)-2.39%
EPS NY rev (3m)-5.89%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)-2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.29 | ||
| Fwd PE | 9.73 | ||
| P/S | 4.64 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.82
EY12.06%
EPS(NY)1.55
Fwd EY10.28%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)-0.48
OCFYN/A
SpS3.25
BVpS15.14
TBVpS15.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 8.46% | ||
| ROCE | 4.22% | ||
| ROIC | 3.34% | ||
| ROICexc | 3.42% | ||
| ROICexgc | 3.42% | ||
| OM | 45.49% | ||
| PM (TTM) | 39.42% | ||
| GM | 47.89% | ||
| FCFM | N/A |
ROA(3y)4.53%
ROA(5y)4.34%
ROE(3y)10.37%
ROE(5y)9.67%
ROIC(3y)4.24%
ROIC(5y)3.88%
ROICexc(3y)4.4%
ROICexc(5y)4.02%
ROICexgc(3y)4.4%
ROICexgc(5y)4.02%
ROCE(3y)5.37%
ROCE(5y)4.91%
ROICexcg growth 3Y16.36%
ROICexcg growth 5Y1.44%
ROICexc growth 3Y16.36%
ROICexc growth 5Y1.44%
OM growth 3Y-1.19%
OM growth 5Y-7.73%
PM growth 3Y-15.24%
PM growth 5Y-11.69%
GM growth 3Y-1.39%
GM growth 5Y-4.66%
F-Score2
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 0.67 |
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)72.22%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.92%
EPS 3Y15.19%
EPS 5Y-0.06%
EPS Q2Q%-17.02%
EPS Next Y-14.58%
EPS Next 2Y-9.53%
EPS Next 3Y-9.44%
EPS Next 5YN/A
Revenue 1Y (TTM)3.6%
Revenue growth 3Y16.06%
Revenue growth 5Y17.33%
Sales Q2Q%16.28%
Revenue Next Year18.88%
Revenue Next 2Y7.78%
Revenue Next 3Y2.28%
Revenue Next 5YN/A
EBIT growth 1Y-0.42%
EBIT growth 3Y14.68%
EBIT growth 5Y8.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-188.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-188.42%
OCF growth 3YN/A
OCF growth 5YN/A