CGBD:NSD-TCG BDC, Inc (USD)

COMMON STOCK | Asset Management | NSD

Last Closing Price

USD 11.55

Change

+0.08 (+0.70)%

Market Cap

USD 0.65B

Volume

0.19M

Average Target Price

USD 9.50 (-17.75%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-04 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
TROW T. Rowe Price Group, Inc

+2.46 (+1.64%)

USD33.98B 16.88 11.15
NTRS Northern Trust Corporation

+1.82 (+1.96%)

USD19.35B 15.36 N/A
CG The Carlyle Group Inc

+0.26 (+0.90%)

USD10.18B 8.09 8.60
SEIC SEI Investments Company

+1.44 (+2.61%)

USD7.98B 18.50 11.10
ARCC Ares Capital Corporation

N/A

USD7.30B 23.77 10.19
HLNE Hamilton Lane Incorporated

+0.66 (+0.93%)

USD3.73B 36.50 26.52
GBDC Golub Capital BDC, Inc

-0.01 (-0.07%)

USD2.37B 38.42 18.93
PSEC Prospect Capital Corporation

+0.01 (+0.18%)

USD2.06B 15.03 9.42
VCTR Victory Capital Holdings, Inc

-0.59 (-2.56%)

USD1.55B 8.69 6.83
VRTS Virtus Investment Partners, In..

+6.47 (+3.24%)

USD1.52B 26.68 12.98

ETFs Containing CGBD

Symbol Name Weight Mer Price(Change) Market Cap
KBWD Invesco KBW High Dividend.. 0.00 % 1.58 %

+0.28 (+1.70%)

USD0.23B
VPC Virtus Private Credit ETF 0.00 % 8.32 %

+0.12 (+0.59%)

USD0.02B

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -13.68% 38% F 29% F
Dividend Return 8.30% 75% C 96% A
Total Return -5.38% 45% F 37% F
Trailing 12 Months  
Capital Gain -14.70% 41% F 26% F
Dividend Return 12.26% 96% A 99% A+
Total Return -2.44% 55% F 39% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -14.10% N/A N/A 15% F
Dividend Return 6.50% N/A N/A 92% A-
Total Return -7.60% N/A N/A 21% F
Risk Return Profile  
Volatility (Standard Deviation) 13.65% N/A N/A 83% B
Risk Adjusted Return -55.69% N/A N/A 13% F
Market Capitalization 0.65B 74% C 60% D-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.74 79% C+ 80% B-
Price/Book Ratio 0.74 66% D 92% A-
Price / Cash Flow Ratio -7.03 91% A- 75% C
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -0.48% 47% F 53% F
Return on Invested Capital 5.16% 46% F 61% D-
Return on Assets 4.06% 58% F 80% B-
Debt to Equity Ratio 123.14% 25% F 17% F
Technical Ratios  
Short Ratio 0.63 68% D+ 82% B-
Short Percent 0.25% 66% D 92% A-
Beta 2.21 6% F 11% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.