Goldman Sachs BDC Inc
Exchange: NYSESector: Financial ServicesIndustry: Asset Management
Goldman Sachs BDC, Inc. is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940. GSBD was formed by The Goldman Sachs Group, Inc. (“Goldman Sachs”) to invest primarily in middle market companies in the United States, and is externally managed by Goldman Sachs Asset Management, L.P., an SEC registered investment adviser and a wholly-owned subsidiary of Goldman Sachs. GSBD seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien debt, unitranche loans, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.
Did you know?
Earnings per share grew at a 22.0% CAGR.
Current Price
$10.09
+2.64%GoodMoat Value
$45.96
355.5% undervaluedProfile
Valuation (TTM)
Market Cap$1.15B
P/E9.65
EV—
P/B0.81
Shares Out114.11M
P/Sales3.15
Revenue$365.57M
EV/EBITDA12.72
Goldman Sachs BDC Inc (GSBD) Stock Analysis
Market Cap$1.15B
Current Price$10.09
P/E Ratio9.65
Forward P/E—
PEG Ratio-0.27
EPS$1.03
Book Value$12.47
P/B Ratio0.81
GSBD Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 1.8B
Revenue
147M
FY19
173M
FY20
347M
FY21
357M
FY22
455M
FY23
434M
FY24
366M
FY25
Net Income
36M
FY19
176M
FY20
192M
FY21
55M
FY22
196M
FY23
63M
FY24
119M
FY25
GSBD 52-Week Range
$8.62
$10.56
50-Day MA: $9.11200-Day MA: $9.32
Did you know?
Earnings per share grew at a 22.0% CAGR.
Goldman Sachs BDC Inc (GSBD) Financial Summary
Goldman Sachs BDC Inc (GSBD) is a Financial Services company in the Asset Management industry, listed on NYSE. The stock currently trades at $10.09 with a market capitalization of $1.15B.
Key valuation metrics include a P/E ratio of 9.65, price-to-book ratio of 0.81, and EPS of $1.03. The company reports a profit margin of 32.6% and return on equity of 8.4%.
GSBD Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $1.15B |
| P/E Ratio | 9.65 |
| EPS | $1.03 |
| P/B Ratio | 0.81 |
| P/S Ratio | 3.15 |
| EV/EBITDA | 12.72 |
| Dividend Yield | 20.28% |
| Profit Margin | 32.6% |
| Return on Equity | 8.4% |
| Debt/Equity | 1.32 |
GSBD Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $147.26M | $36.15M |
| FY20 | $172.96M | $176.11M |
| FY21 | $346.98M | $192.43M |
| FY22 | $357.45M | $55.00M |
| FY23 | $454.91M | $195.87M |
| FY24 | $434.37M | $62.87M |
| FY25 | $365.57M | $119.27M |
Goldman Sachs BDC Inc (GSBD) Valuation
Based on GoodMoat's DCF model, Goldman Sachs BDC Inc has a fair value estimate of $45.96. At the current price of $10.09, the stock appears 78.0% undervalued relative to our intrinsic value estimate.
GSBD Quality Indicators
Goldman Sachs BDC Inc maintains a profit margin of 32.6% and an operating margin of 81.3%. Return on equity stands at 8.4%. Debt-to-equity ratio is 1.32.
About Goldman Sachs BDC Inc
Goldman Sachs BDC, Inc. is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940. GSBD was formed by The Goldman Sachs Group, Inc. (“Goldman Sachs”) to invest primarily in middle market companies in the United States, and is externally managed by Goldman Sachs Asset Management, L.P., an SEC registered investment adviser and a wholly-owned subsidiary of Goldman Sachs. GSBD seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien debt, unitranche loans, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.
GSBD Free Cash Flow
Goldman Sachs BDC Inc generated $325.68M in trailing twelve-month free cash flow, representing an FCF yield of 28.29%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
GSBD Shares Outstanding
Goldman Sachs BDC Inc has 0.11 billion shares outstanding at a share price of $10.09, giving it a market capitalization of $1.15B.