Valuation dashboard for Golub Capital BDC, Inc. (GBDC) with P/E 22.64, P/B 0.88, EV/EBITDA N/A and dividend yield 11.08%. DCF, Graham Number and Earnings Power Value models plus sector comparison against other Financial Services companies.
Golub Capital BDC, Inc. (GBDC) operates as an externally managed, closed-end investment company, specializing as a business development company (BDC) with a non-diversified portfolio management strategy. The firm provides financing through debt instruments and minority equity stakes to middle-market businesses, predominantly those backed by private equity sponsors.
Analysis Summary
Golub Capital BDC, Inc. reported revenue of $870.8M in the most recent fiscal year, growing at a 5-year CAGR of 43.8%. Net income reached $376.1M, with a 47.0% 5-year CAGR.
Trailing-twelve-month margins: gross margin 74.4%, operating margin 55.5%, net margin 20.5%.
Balance sheet quality for GBDC: current ratio of 5.4. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 22.64 |
| Price / Book | 0.88 |
| Dividend Yield | 11.08% |
Valuation Models
| DCF Fair Value | $137.00 |
| vs Current Price | +1000.4% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| GBDC | Golub Capital BDC, Inc. | $3.3B | 22.64 | 0.88 | |
| AB | AllianceBernstein Holding L.P. | $3.4B | 10.50 | 2.66 | 25.4% |
| FHI | Federated Hermes, Inc. | $4.5B | 10.42 | 3.26 | 34.1% |
| AGO | Assured Guaranty Ltd. | $3.2B | 9.72 | 0.57 | |
| CNS | Cohen & Steers, Inc. | $3.7B | 21.45 | 6.13 | 29.7% |
| FSK | FS KKR Capital Corp. | $3.2B | 0.61 | -6.7% | |
| HTGC | Hercules Capital, Inc. | $3.3B | 8.46 | 1.44 | 17.2% |
| APAM | Artisan Partners Asset Management Inc. | $2.7B | 8.57 | 5.60 | 71.0% |
Price
| Price | $12.45 |
| Market Cap | $3.2B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Gross Margin | 74.39% |
| Operating Margin | 55.46% |
| Net Margin | 20.51% |
Related companies: AB · AGO · APAM · CNS · ECC · FHI · FSK
Explore sector: Financial Services · Asset Management
More sections of GBDC: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Radar — undervalued stock signals · Investment Academy — learn to analyze stocks