Financial Services -
Asset Management - NASDAQ - US
$ 13.38
-3.67 %
$ 3.55 B
Market Cap
10.06
P/E
1. INTRINSIC VALUE
Balance Sheet
Golub Capital BDC, Inc.
| Current Assets | 205 M |
| Cash & Short-Term Investments | 131 M |
| Receivables | 74 M |
| Other Current Assets | 0 |
| Non-Current Assets | 8.27 B |
| Long-Term Investments | 8.24 B |
| PP&E | 0 |
| Other Non-Current Assets | 31.7 M |
| Current Liabilities | 56 M |
| Accounts Payable | 56 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 4.6 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 4.6 B |
EFFICIENCY
Earnings Waterfall
Golub Capital BDC, Inc.
| Revenue | 725 M |
| Cost Of Revenue | 0 |
| Gross Profit | 725 M |
| Operating Expenses | 129 M |
| Operating Income | 596 M |
| Other Expenses | 322 M |
| Net Income | 274 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Golub Capital BDC, Inc.
| Net Income | 274 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 16.1 M |
| Others | 45 M |
| Free Cash Flow | 344 M |
Wall Street Analysts Price Targets
Golub Capital BDC, Inc.
GBDC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.18%
DIVIDEND YIELD
0.39 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Golub Capital BDC, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
9.45 M USD 3
6-9 MONTHS
15 M USD 2
9-12 MONTHS
7. News
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Second Quarter Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter ended March 31, 2025 on Monday, May 5, 2025 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 12:00 p.m. (Eastern Time) on Tuesday, May 6, 2025 to discuss its quarterly financial results. All interested parties may participate in the conference.
businesswire.com
- 2 weeks ago
Golub Capital BDC: Disappointing Performance, Not As Bad As It Seems (Rating Downgrade)
Due to economic uncertainty and a disappointing quarter, I am downgrading Golub Capital BDC from a buy to a hold. Despite misses in the top and bottom lines, GBDC's credit rating upgrade and higher originations are positive signs for future performance. Management expects improved net investment income from higher originations and restructured borrowers, but economic volatility remains a risk.
seekingalpha.com
- 2 weeks ago
Buy The Dip: Undervalued 6-10% Yields To Weather What's Next
Inflation is heating up and growth is slowing—here's where the smart money is heading. These two hidden gems offer high income, recession resistance, and inflation protections. One name is quietly yielding over 10% while flying under Wall Street's radar.
seekingalpha.com
- 3 weeks ago
70 Graham All-Star Value (GASV) March Dividends Show 19 "Safer" Bearing 13 Ideal Dividend Dogs
The Large Cap Value and Ben Graham Formula strategies identify undervalued, stable stocks with strong fundamentals and low valuations, ideal for long-term investment. Analysts project significant gains (28.24% to 85.64%) from top-ten GASV Dogs by March 2026, based on dividend yields and target prices. Thirteen of nineteen "safer" GASV Dogs are recommended buys, offering reliable dividends and fair pricing relative to their intrinsic value.
seekingalpha.com
- 3 weeks ago
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 3 weeks ago
Golub Capital BDC's NAV, Valuation And Dividend Vs. 11 BDC Peers - Part 2 (Includes Updated Dividend Projections)
Part 2 of this article compares GBDC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 11 other BDC peers. This includes a comparative analysis of GBDC's cumulative undistributed taxable income ratio, percentage of floating-rate debt investments, recent weighted average annualized yield, and weighted average interest rate on outstanding borrowings. GBDC's “base” dividend sustainability remains strong. When comparing/analyzing all metrics (including additional metrics not mentioned), GBDC is currently deemed to be appropriately valued as a Hold.
seekingalpha.com
- 3 weeks ago
How I'd Invest $100,000 Right Now For Stagflation (Up To 10% Yields)
Worried about stagflation? These dividend machines could protect your portfolio and pay you up to 10% yields. Stocks you'll want to own before inflation bites again. These picks crush SCHD and VYM in yield—and might just help you sleep better through market chaos.
seekingalpha.com
- 1 month ago
Golub Capital BDC's NAV, Valuation And Dividend Vs. 11 Peers - Part 1 (Includes Recommendations As Of 3/11/2025)
Part 1 of this article compares GBDC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 11 BDC peers. Part 1 also performs a comparative analysis between each company's investment portfolio as of 9/30/2024 and 12/31/2024. This includes an updated percentage of investments on non-accrual status. I also provide a list of the other BDC stocks I currently believe are undervalued (a buy recommendation), overvalued (a sell recommendation), and appropriately valued (a hold recommendation).
seekingalpha.com
- 1 month ago
An Important Warning For BDC Investors
Why BDCs may be entering a dangerous phase. Avoid these risks before it's too late. One BDC stands out as a safe bet, and is my top pick right now.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
Golub Capital: Strong Income Value
Golub Capital: Strong Income Value
seekingalpha.com
- 1 month ago
Golub Capital: Is A Dividend Cut In The Cards In 2025? (Rating Downgrade)
Golub Capital BDC's dividend pay-out ratio rose to 123% in 4Q24, raising concerns about potential dividend cuts in 2025 despite improved credit profile. The BDC's portfolio grew to $8.7 billion with a strong focus on First Lien loans, benefiting from robust origination growth and successful restructuring. Despite earning $0.39 per share in adjusted net investment income, the total dividend pay-out ratio suggests heightened dividend risks, leading to a 'Hold' rating.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Golub Capital BDC, Inc. GBDC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 3.55 B
Dividend Yield
0.18%
Description
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.
Contact
200 Park Avenue, New York, NY, 10166
https://www.golubcapitalbdc.com
IPO
Date
April 15, 2010
Employees
875
Officers
Mr. Christopher Compton Ericson CPA
Chief Financial Officer & Treasurer
Ms. Christina D. Jamieson CPA
Head of Broadly Syndicated Loans
Mr. Andrew H. Steuerman
Senior Managing Director of Golub Capital
Mr. Matthew W. Benton
Chief Operating Officer
Mr. David B. Golub Ph.D.
Chief Executive Officer & Director
Mr. Stefano F. Robertson
Managing Director
Mr. Joshua Mark Levinson J.D.
Co-General Counsel, Chief Compliance Officer & Secretary
Mr. Craig J. Petrusha
Principal
Mr. Gregory W. Cashman
Senior Managing Director of Golub Capital
Mr. Brian J. Carroll
Senior Vice President