KBDC - NYSE

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Kayne Anderson BDC, Inc.

KBDCยทNYSE

$14.18

-3.2%
Financial ServicesAsset Management

Kayne Anderson BDC, Inc invests in middle market companies located in the United States with an EBITDA of USD 10 - 150 million. The fund focuses on a broad range of sectors and industries. It provides financing in the form of senior secured loans and split-lien loans to buyout transactions.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$940.84M
EPS1.3300
P/E Ratio10.66
Earnings Date08/10/2026
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Kayne Anderson BDC, Inc. Fair Value Envelope

KBDC ยท NYSE

Our analysis suggests that KBDC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.18, this represents a potential HIDDEN relative to our calculated worth for Kayne Anderson BDC, Inc..

HIDDEN
Intrinsic Value
Current Price: $14.18

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-$85.1M
+ Cash & Equivalents$18.0M
Firm Value-$67.0M
- Debt$1.1B
Equity Value-$1.2B
/ Shares Outstanding70,576,976B
DCF Value-$17
OVERVALUED BY 218%

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
-$49.4M
-$24.7M
-$12.3M
-$6.2M
-$3.1M
-$1.5M
-$771.2K
-$385.6K
-$192.8K
-$96.4K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
-$49.4M
-$24.7M
-$12.3M
-$6.2M
-$3.1M
-$1.5M
-$771.2K
-$385.6K
-$192.8K
-$96.4K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$45.7M
-$21.2M
-$9.8M
-$4.5M
-$2.1M
-$972.0K
-$450.0K
-$208.3K
-$96.5K
-$44.7K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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