MAIN Intrinsic Stock Value – Main Street Capital Co. Sees Strong Trading Volume on Friday
July 4, 2023
☀️Trending News
On Friday, Main Street Capital ($NYSE:MAIN) Co. saw a spike in trading volume of its shares. Main Street’s investment objective is to maximize its portfolio’s total return by generating income from its debt investments and capital appreciation from its equity investments. The surge in trading activity represents a positive indicator of market sentiment towards Main Street Capital Co., which has seen solid performance over the past year. Given the recent strong performance and increased interest from investors, Main Street Capital Co. may be well-positioned to continue its success into the future.
Share Price
The stock opened at $40.0 on Monday and closed at $40.3, up 0.7% from the previous closing price of $40.0. This indicates that investors are bullish on the stock and bullish on the company’s future prospects, resulting in increased trading activity. MAIN STREET CAPITAL is continuing to make progress in the stock market and is likely to experience further growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MAIN. More…
| Total Revenues | Net Income | Net Margin |
| 354.53 | 256 | 72.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MAIN. More…
| Operations | Investing | Financing |
| -177.29 | – | 199.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MAIN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.29k | 2.12k | 26.87 |
Key Ratios Snapshot
Some of the financial key ratios for MAIN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.8% | – | – |
| FCF Margin | ROE | ROA |
| -50.0% | 8.2% | 4.1% |
Analysis – MAIN Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of MAIN STREET CAPITAL’s wellbeing. After analyzing the company’s financials, our proprietary Valuation Line estimated an intrinsic value of $46.0 for the MAIN STREET CAPITAL share. Currently, the stock is traded at $40.3, which is a fair price, however it is undervalued by 12.4%. This presents an opportunity to buy MAIN STREET CAPITAL shares at a discounted price. More…
Peers
The competition between Main Street Capital Corp and its competitors is fierce. Carlyle Secured Lending Inc, Sierra Income Corp, and BlackRock TCP Capital Corp are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses. Main Street Capital Corp has a strong reputation and a long history of success, but its competitors are not far behind. Carlyle Secured Lending Inc has a more diversified portfolio and a higher risk tolerance, while Sierra Income Corp has a more conservative approach and a focus on income-producing investments. BlackRock TCP Capital Corp is the newest player on the scene, but it has already made a name for itself with its innovative investment strategies.
– Carlyle Secured Lending Inc ($NASDAQ:CGBD)
Carlyle Secured Lending Inc is a US based company that focuses on providing secured loans to borrowers. The company operates in two segments, Carlyle Lending and Carlyle Asset Management. Carlyle Lending offers loans to borrowers using real estate as collateral while Carlyle Asset Management provides loans against other types of collateral. As of 2022, Carlyle Secured Lending Inc had a market cap of 658.55M and a ROE of 7.86%.
– Sierra Income Corp ($NASDAQ:TCPC)
BlackRock TCP Capital Corp is a publicly traded business development company that focuses on providing financing solutions to middle market companies in the United States. The company has a market cap of 687.43 million as of 2022 and a return on equity of 4.28 percent. BlackRock TCP Capital Corp was founded in 1997 and is headquartered in Santa Monica, California.
Summary
Main Street Capital Co.’s stock saw a spike in trading volume on Friday, indicating that interest from investors has been increasing. Analysts suggest that the company is well-positioned for growth due to its experienced management team and strong balance sheet. Furthermore, Main Street Capital Co. has a history of prudent capital allocation and solid financial returns.
The company also has a diversified portfolio of investments, which provides downside protection and opportunities for additional upside potential. Overall, Main Street Capital Co. appears to be a solid investment opportunity with potential for future gains.
