Barings BDC, Inc.

Barings BDC, Inc.

BBDCยทNYSE

$8.21

-6.3%
Financial ServicesFinancial - Credit Services

Barings BDC, Inc. (NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. Barings BDC, Inc. Barings BDC, Inc. was incorporated on October 10, 2006 and is based in Charlotte, North Carolina with an additional office in Raleigh, North Carolina.

At a Glance

Live Snapshot
Market Cap$859.64M
EPS0.9700
P/E Ratio8.46
Earnings Date08/06/2026
Barings BDC, Inc.

Barings BDC, Inc. Fair Value Envelope

BBDC ยท NYSE

Our analysis suggests that BBDC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.21, this represents a potential HIDDEN relative to our calculated worth for Barings BDC, Inc..

Intrinsic Value
Current Price: $8.21

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$34.9B
+ Cash & Equivalents$66.8M
Firm Value$35.0B
- Debt$1.4B
Equity Value$33.6B
/ Shares Outstanding105,158,938B
DCF Value$319
UNDERVALUED BY 3790%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$218.7M
$297.9M
$405.9M
$552.9M
$753.2M
$1.0B
$1.4B
$1.9B
$2.6B
$3.5B
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$218.7M
$297.9M
$405.9M
$552.9M
$753.2M
$1.0B
$1.4B
$1.9B
$2.6B
$3.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$202.5M
$255.4M
$322.2M
$406.4M
$512.6M
$646.6M
$815.6M
$1.0B
$1.3B
$1.6B
Terminal Value represents 79.6% of Enterprise Value