BLUE OWL CAPITAL CORP (OBDC) Stock Fundamental Analysis
NYSE:OBDC - US69121K1043 - Common Stock
14.22 USD
+0.01 (+0.07%)
14.28 USD
+0.06 (+0.42%)
Overall OBDC gets a fundamental rating of 4 out of 10. We evaluated OBDC against 238 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 it does not seem to be growing.
1. Profitability
1.1 Basic Checks
OBDC had positive earnings in the past year.
In the past year OBDC had a positive cash flow from operations.
OBDC had positive earnings in each of the past 5 years.
In multiple years OBDC reported negative operating cash flow during the last 5 years.
1.2 Ratios
OBDC has a better Return On Assets (3.85%) than 60.08% of its industry peers.
OBDC has a Return On Equity (8.73%) which is comparable to the rest of the industry.
OBDC has a Return On Invested Capital (3.89%) which is comparable to the rest of the industry.
OBDC had an Average Return On Invested Capital over the past 3 years of 4.24%. This is below the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 8.73% | ||
| ROIC | 3.89% |
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 38.29%, OBDC belongs to the best of the industry, outperforming 81.93% of the companies in the same industry.
In the last couple of years the Profit Margin of OBDC has declined.
OBDC has a better Operating Margin (44.78%) than 78.99% of its industry peers.
In the last couple of years the Operating Margin of OBDC has declined.
The Gross Margin of OBDC (47.00%) is comparable to the rest of the industry.
OBDC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.78% | ||
| PM (TTM) | 38.29% | ||
| GM | 47% |
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
The number of shares outstanding for OBDC remains at a similar level compared to 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 0.62, we must say that OBDC is in the distress zone and has some risk of bankruptcy.
OBDC's Altman-Z score of 0.62 is in line compared to the rest of the industry. OBDC outperforms 40.76% of its industry peers.
The Debt to FCF ratio of OBDC is 6.18, which is on the high side as it means it would take OBDC, 6.18 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of OBDC (6.18) is better than 65.13% of its industry peers.
A Debt/Equity ratio of 1.07 is on the high side and indicates that OBDC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.07, OBDC is in line with its industry, outperforming 47.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.18 | ||
| Altman-Z | 0.62 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.24 indicates that OBDC may have some problems paying its short term obligations.
OBDC's Current ratio of 0.24 is on the low side compared to the rest of the industry. OBDC is outperformed by 86.55% of its industry peers.
OBDC has a Quick Ratio of 0.24. This is a bad value and indicates that OBDC is not financially healthy enough and could expect problems in meeting its short term obligations.
OBDC has a worse Quick ratio (0.24) than 86.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 |
3. Growth
3.1 Past
OBDC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.51%.
OBDC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.06% yearly.
The Revenue has grown by 8.98% in the past year. This is quite good.
Measured over the past years, OBDC shows a quite strong growth in Revenue. The Revenue has been growing by 17.33% on average per year.
EPS 1Y (TTM)-11.51%
EPS 3Y15.19%
EPS 5Y-0.06%
EPS Q2Q%-17.53%
Revenue 1Y (TTM)8.98%
Revenue growth 3Y16.06%
Revenue growth 5Y17.33%
Sales Q2Q%22.49%
3.2 Future
Based on estimates for the next years, OBDC will show a decrease in Earnings Per Share. The EPS will decrease by -9.99% on average per year.
The Revenue is expected to grow by 1.65% on average over the next years.
EPS Next Y-14.36%
EPS Next 2Y-10.35%
EPS Next 3Y-9.99%
EPS Next 5YN/A
Revenue Next Year17.59%
Revenue Next 2Y7.61%
Revenue Next 3Y1.65%
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
OBDC is valuated reasonably with a Price/Earnings ratio of 8.22.
Compared to the rest of the industry, the Price/Earnings ratio of OBDC indicates a rather cheap valuation: OBDC is cheaper than 84.03% of the companies listed in the same industry.
OBDC is valuated cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.34 indicates a reasonable valuation of OBDC.
79.41% of the companies in the same industry are more expensive than OBDC, based on the Price/Forward Earnings ratio.
OBDC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 9.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OBDC indicates a rather cheap valuation: OBDC is cheaper than 83.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.87 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
OBDC's earnings are expected to decrease with -9.99% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.35%
EPS Next 3Y-9.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.52%, OBDC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.00, OBDC pays a bit more dividend than its industry peers.
OBDC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.52% |
5.2 History
The dividend of OBDC is nicely growing with an annual growth rate of 24.16%!
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
103.79% of the earnings are spent on dividend by OBDC. 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.
DP103.79%
EPS Next 2Y-10.35%
EPS Next 3Y-9.99%
14.22
+0.01 (+0.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners46.88%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner Change20.14%
Market Cap7.27B
Analysts83.33
Price Target16 (12.52%)
Short Float %1.22%
Short Ratio2.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.52% |
Yearly Dividend1.68
Dividend Growth(5Y)24.16%
DP103.79%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.43%
Min EPS beat(2)-11.08%
Max EPS beat(2)-1.78%
EPS beat(4)1
Avg EPS beat(4)-4.03%
Min EPS beat(4)-11.08%
Max EPS beat(4)0.37%
EPS beat(8)4
Avg EPS beat(8)-1.62%
EPS beat(12)8
Avg EPS beat(12)-0.09%
EPS beat(16)10
Avg EPS beat(16)0.03%
Revenue beat(2)0
Avg Revenue beat(2)-2.52%
Min Revenue beat(2)-3.79%
Max Revenue beat(2)-1.26%
Revenue beat(4)0
Avg Revenue beat(4)-1.94%
Min Revenue beat(4)-3.79%
Max Revenue beat(4)-0.48%
Revenue beat(8)1
Avg Revenue beat(8)-1.34%
Revenue beat(12)5
Avg Revenue beat(12)-0.11%
Revenue beat(16)7
Avg Revenue beat(16)-0.07%
PT rev (1m)0.58%
PT rev (3m)-1.29%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)-4.92%
EPS NY rev (1m)0.26%
EPS NY rev (3m)-2.13%
Revenue NQ rev (1m)-1.73%
Revenue NQ rev (3m)-1.28%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)-2.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 9.34 | ||
| P/S | 4.15 | ||
| P/FCF | 4.87 | ||
| P/OCF | 4.87 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.73
EY12.17%
EPS(NY)1.52
Fwd EY10.71%
FCF(TTM)2.92
FCFY20.53%
OCF(TTM)2.92
OCFY20.53%
SpS3.43
BVpS15.03
TBVpS15.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 8.73% | ||
| ROCE | 4.93% | ||
| ROIC | 3.89% | ||
| ROICexc | 3.97% | ||
| ROICexgc | 3.97% | ||
| OM | 44.78% | ||
| PM (TTM) | 38.29% | ||
| GM | 47% | ||
| FCFM | 85.21% |
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-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.48 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 222.56% | ||
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 | ||
| Altman-Z | 0.62 |
F-Score4
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)-11.51%
EPS 3Y15.19%
EPS 5Y-0.06%
EPS Q2Q%-17.53%
EPS Next Y-14.36%
EPS Next 2Y-10.35%
EPS Next 3Y-9.99%
EPS Next 5YN/A
Revenue 1Y (TTM)8.98%
Revenue growth 3Y16.06%
Revenue growth 5Y17.33%
Sales Q2Q%22.49%
Revenue Next Year17.59%
Revenue Next 2Y7.61%
Revenue Next 3Y1.65%
Revenue Next 5YN/A
EBIT growth 1Y3.03%
EBIT growth 3Y14.68%
EBIT growth 5Y8.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y117.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y117.68%
OCF growth 3YN/A
OCF growth 5YN/A