Fidus Investment Corporation (FDUS) is a publicly traded company in the Financial Services — Asset Management industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Fidus Investment Corporation functions as a Business Development Company (BDC), offering capital solutions for diverse corporate endeavors. These encompass management buyouts, debt restructuring, ownership transitions, capital reorganizations, strategic acquisitions, and initiatives for growth and business expansion, frequently employing mezzanine financing.
Analysis Summary
Fidus Investment Corporation reported revenue of $159.2M in the most recent fiscal year, growing at a 5-year CAGR of 22.6%. Net income reached $82.4M, with a 21.4% 5-year CAGR.
Trailing-twelve-month margins: gross margin 73.6%, operating margin 69.8%, net margin 52.3%.
At the current price of $19.25, FDUS trades at a P/E of 9.22 and an ROE of 10.54%. Market capitalisation stands at $731M.
Balance sheet quality for FDUS: current ratio of 1.8, net debt of $574.1M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is below average: free cash flow of -$147.0M represents -178% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $19.25 |
| Market Cap | $731M |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 9.22 |
| Price / Book | 0.99 |
| EV / EBITDA | 9.68 |
| Dividend Yield | 11.46% |
Profitability
| Return on Equity | 10.54% |
| Return on Invested Capital | 6.47% |
| Return on Assets | 5.15% |
| Gross Margin | 73.60% |
| Operating Margin | 69.82% |
| Net Margin | 52.34% |
Financial Health
| Debt / Equity | 0.39 |
| Current Ratio | 220.58 |
What to look at in Financial Services
Asset managers, brokers, fintech, exchanges. They are not banks — look at AUM, fees and FCF quality.
- 5y revenue growth — Without growth, there is no long-term value creation
- Operating margin — Good asset managers have >30% margins thanks to scalability
- ROE — Quality financial services have a consistent ROE >15%
- FCF / Net Income — Earnings quality — >90% expected in capital-light businesses
- Debt / Equity — Fintech and brokers with high D/E are time bombs in crises
- P/E vs own 5y — Asset managers have stable multiples in well-known ranges
- Dividend yield + buybacks — These businesses return a lot of capital — look at total yield (div + buybacks)
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FDUS | Fidus Investment Corporation | $731M | 9.22 | 0.99 | 10.5% |
| 0QZZ.L | BlackRock, Inc. | $162.9B | 28.19 | 2.80 | 9.9% |
| BLK | BlackRock, Inc. | $160.8B | 24.32 | 2.78 | 11.7% |
| BX | Blackstone Inc. | $149.1B | 26.14 | 10.22 | 40.9% |
| BN.TO | Brookfield Corporation | $115.7B | 64.75 | 1.85 | 3.0% |
| BAM.TO | Brookfield Asset Management Ltd. | $100.9B | |||
| BNH | Brookfield Finance Inc. | $94.4B | 68.91 | 1.97 | 3.0% |
| BNJ | Brookfield Finance Inc. 4.50% P | $89.7B | 65.82 | 1.88 | 3.0% |
Price Performance
| 1 month | -2.00% |
| 3 months | +4.20% |
| Year-to-date | -0.93% |
| 1 year | -9.30% |
| 3 years | -1.80% |
| 5 years | +8.45% |
52-Week Range
| 52-week High | $21.50 |
| 52-week Low | $16.86 |
| Avg Volume (90d) | 348K |
Dividend History
| Date | Amount | Yield |
|---|---|---|
| 2026-09-15 | $0.5000 | 10.39% |
| 2026-06-16 | $0.6200 | 12.88% |
| 2026-03-20 | $0.5200 | 10.81% |
| 2025-12-19 | $0.5000 | 10.39% |
| 2025-09-18 | $0.5700 | 11.84% |
| 2025-06-13 | $0.5400 | 11.22% |
| 2025-03-20 | $0.5400 | 11.22% |
| 2024-12-17 | $0.6100 | 12.68% |
| 2024-09-19 | $0.5700 | 11.84% |
| 2024-06-18 | $0.5900 | 12.26% |
Related companies: BCSF · CGBD · GAIN · MSIF · NCDL · PNNT · SLRC
Explore sector: Financial Services · Asset Management
More sections of FDUS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Radar — undervalued stock signals · Investment Academy — learn to analyze stocks