GBDC Intrinsic Value Calculator – SG Americas Securities LLC Invests in Golub Capital BDC,
January 5, 2024
☀️Trending News
SG Americas Securities LLC has recently taken on a new interest in Golub ($NASDAQ:GBDC) Capital BDC, Inc. (NASDAQ: GBDC). Golub Capital BDC is a business development company (BDC) that provides capital solutions to middle-market companies in the United States. Through its investment products, the company offers one-stop financing solutions across the capital structure to enable the growth and success of its clients. The company’s portfolio includes investments in first lien and second lien senior secured loans, subordinated debt, and other instruments such as unitranche loans, mezzanine investments and equity investments. It also provides capital to both direct lending platforms and select speciality finance companies. The company’s investments are mainly focused on sectors such as business services, consumer & leisure, healthcare, industrial, and technology & media.
SG Americas Securities LLC is an investment banking and brokerage firm that provides a range of financial services including mergers and acquisitions, corporate finance, sales and trading, and research. The company has taken this new interest in Golub Capital BDC, Inc as part of its strategy to invest in companies that have a strong potential for growth. This investment is expected to bring benefits for both the companies involved and for investors.
Price History
GOLUB CAPITAL BDC stock opened at $15.1 and closed at $15.3 at the end of trading day, indicating an increase of 1.5% from the prior closing price of 15.1. This increase in stock price reflects the positive market sentiment towards this investment from SG Americas Securities LLC. This investment is expected to have a positive impact on the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for GBDC. More…
| Total Revenues | Net Income | Net Margin |
| 284.43 | 258.63 | 90.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for GBDC. More…
| Operations | Investing | Financing |
| 195.37 | 13.42 | -235.55 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for GBDC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.73k | 3.19k | 15.02 |
Key Ratios Snapshot
Some of the financial key ratios for GBDC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 62.1% | – | – |
| FCF Margin | ROE | ROA |
| 68.7% | 6.5% | 2.9% |
Analysis – GBDC Intrinsic Value Calculator
At GoodWhale, we have undertaken an analytical study of GOLUB CAPITAL BDC’s wellbeing. After careful consideration, our proprietary Valuation Line has determined that the intrinsic value of GOLUB CAPITAL BDC shares is around $17.5. However, as of the current market status, GOLUB CAPITAL BDC stock is being traded at $15.3, which is a fair price that is slightly undervalued by 12.3%. More…
Peers
The Company’s investment activities are focused on leveraged buyouts, middle market lending, and mezzanine investments. Golub Capital BDC Inc is managed by Golub Capital LLC, an affiliate of Golub Capital Partners, LLC. OFS Capital Corp is a US-based closed-end investment company. The Company’s investment objective is to provide current income and capital gains. OFS Capital Corp invests primarily in middle-market companies in the form of mezzanine loans, first-lien, and second-lien loans, and equity securities. PhenixFIN Corp is a private equity firm specializing in growth capital, middle market, and mezzanine investments. PhenixFIN Corp was founded in 2006 and is based in Boston, Massachusetts. Princeton Capital Corp is a US-based investment company. The Company’s investment objective is to provide current income and capital gains. Princeton Capital Corp invests primarily in middle-market companies in the form of mezzanine loans, first-lien, and second-lien loans, and equity securities.
– OFS Capital Corp ($NASDAQ:OFS)
OFS Capital Corp is a publicly traded business development company that provides financing solutions to middle market companies. The company has a market cap of 114.02M as of 2022. OFS Capital Corp’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in senior secured and mezzanine loans of middle market companies.
– PhenixFIN Corp ($NASDAQ:PFX)
PhenixFIN Corp is a publicly traded company with a market capitalization of $79.3 million as of 2022. The company is engaged in the business of providing financial services and products to consumers and businesses. The company offers a wide range of services, including credit cards, loans, and investment products. PhenixFIN Corp is headquartered in San Francisco, California.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corporation is a publicly traded company with a market capitalization of $33.13 million as of 2022. The company is engaged in the business of lending and investing in real estate and other businesses. Princeton Capital Corporation is headquartered in New York, New York.
Summary
SG Americas Securities LLC recently acquired a new stake in Golub Capital BDC, Inc., a publicly traded business development company providing capital solutions for middle-market companies. Investors are looking to Golub Capital BDC for the potential for attractive yields and capital appreciation. The company offers senior debt, second lien, one stop financing, junior debt, and equity investments to mid-market companies across a variety of industries. With the company’s commitment to disciplined underwriting and experienced credit staff, investors may find their investments to be relatively low risk with potentially high returns.
Additionally, as a business development company, Golub Capital BDC is exempt from corporate taxes, making it an attractive investment choice for those seeking tax advantages.
