Financial Services -
Asset Management - NYSE - US
$ 7.2025
1.14 %
$ 290 M
Market Cap
7.66
P/E
1. INTRINSIC VALUE
Balance Sheet
TriplePoint Venture Growth BDC Corp.
| Current Assets | 45.9 M |
| Cash & Short-Term Investments | 45.9 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 717 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 717 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 417 M |
| Long-Term Debt | 399 M |
| Other Non-Current Liabilities | 18.5 M |
EFFICIENCY
Earnings Waterfall
TriplePoint Venture Growth BDC Corp.
| Revenue | 71.2 M |
| Cost Of Revenue | 25.7 M |
| Gross Profit | 45.5 M |
| Operating Expenses | 13.5 M |
| Operating Income | 32 M |
| Other Expenses | 0 |
| Net Income | 32 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TriplePoint Venture Growth BDC Corp.
| Net Income | 32 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -7.87 M |
| Others | 121 M |
| Free Cash Flow | 153 M |
Wall Street Analysts Price Targets
TriplePoint Venture Growth BDC Corp.
Wall Street analysts predict an average 1-year price target for TPVG of $7.69 , with forecasts ranging from
a
low of
$7.25 to a high of $8 .
TPVG Lowest Price Target
Wall Street Target
7.25 USD
0.66%
TPVG Average Price Target
Wall Street Target
7.69 USD
6.73%
TPVG Highest Price Target
Wall Street Target
8 USD
11.07%
4. DIVIDEND
ANALYSIS
4.07%
DIVIDEND YIELD
0.3 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
TriplePoint Venture Growth BDC Corp.
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
0 USD 0
6-9 MONTHS
250 K USD 1
9-12 MONTHS
7. News
2 BDCs With 20%+ Discounts, 1 To Buy And 1 To Avoid
BDCs have entered a challenging period. This is why the market has assigned notable discounts across the board. Some BDCs have become very deeply discounted.
seekingalpha.com
- 2 weeks ago
2 BDCs To Dump Before Rates Fall
Recent Fed actions and economic data suggest a material risk of further interest rate cuts in the near to medium term. Lower rates threaten BDC dividend sustainability, even for solid names like ARCC and BXSL, as shown by recent NII declines. In this article, I discuss two high-quality BDCs (not ARCC and BXSL), which investors should consider divesting if they also assume an interest rate cut scenario as a base case.
seekingalpha.com
- 2 weeks ago
Warning To All BDC Investors
I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC valuations and making it harder for borrowers to service debt, leading to fewer quality investment opportunities. Dividend coverage is weakening across many BDCs, with higher non-accruals and PIK income threatening the sustainability of distributions investors rely on.
seekingalpha.com
- 2 weeks ago
TriplePoint Venture Growth: 18% Dividend Yield Is A Red Flag (Downgrade)
TriplePoint Venture Growth's dividend coverage has weakened further after a 2024 cut, with payout ratios again exceeding 100%, raising the risk of another reduction. Persistent high non-accruals and continuous investment losses have eroded net asset value by 38% since Q4 2021, reflecting poor credit quality. TPVG trades at a steep 22% discount to NAV, signaling heightened investor concern over dividend sustainability and portfolio performance.
seekingalpha.com
- 3 weeks ago
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth (TPVG) Q1 Earnings and Revenues Miss Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.41 per share a year ago.
zacks.com
- 1 month ago
TriplePoint Venture Growth BDC Corp. (TPVG) Q1 2025 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jim Labe - Chairman and CEO Sajal Srivastava - President and CIO Mike Wilhelms - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Casey Alexander - Compass Point Brian McKenna - Citizens Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. First Quarter 2025 Earnings Conference Call.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth BDC Corp. Announces First Quarter 2025 Financial Results
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the first quarter ended March 31, 2025 and the declaration by its Board of Directors of its second quarter 2025 distribution of $0.30 per share. First Quarter 202.
businesswire.com
- 1 month ago
Risk On Risk Is A Deadly Move: 2 VC BDCs To Avoid
BDCs are inherently a risky asset class. It does not make sense to go further up in the risk curve here. One of such, in my view, illogical moves is investing in VC-focused BDCs.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth BDC Corp. to Announce 2025 First Quarter Financial Results on Wednesday, May 7, 2025
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its first quarter ended March 31, 2025 after market-close on Wednesday, May 7, 2025. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, pres.
businesswire.com
- 1 month ago
Dividend Power Dogs: 5 Ideal Safe Buys In April
Five top Dividend Power stocks with "safer" dividends include ZIM Integrated Shipping, FS KKR Capital, Mach Natural Resources, Saratoga Investment, and Golden Ocean. The Dividend Power strategy focuses on high earnings and dividend yields, creating a portfolio resilient in downturns and profitable in bull markets. Analysts project significant gains (49.51% to 140.25%) for the top ten Dividend Power stocks by April 2026, with an average net gain of 92.52%.
seekingalpha.com
- 2 months ago
TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (“TPVG” or the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. (“Morningstar DBRS”) has confirmed the Company's investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low). Morningstar DBRS issued a statement announcing the conf.
businesswire.com
- 2 months ago
8. Profile
Summary
TriplePoint Venture Growth BDC Corp. TPVG
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 290 M
Dividend Yield
4.07%
Description
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Contact
2755 Sand Hill Road, Menlo Park, CA, 94025
https://www.tpvg.com
IPO
Date
March 6, 2014
Employees
None
Officers
Mr. James Peter Labe
Co-Founder, Chairman & Chief Executive Officer
Mr. Mike L. Wilhelms
Chief Financial Officer
Mr. Sajal K. Srivastava
Co-Founder, President, Chief Investment Officer, Secretary, Treasurer & Director
Mr. Steven Mitchell Levinson
Chief Compliance Officer