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Upturn AI SWOT - About
BCSF 
Bain Capital Specialty Finance Inc (BCSF)
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Upturn Advisory Summary
08/14/2025: BCSF (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $16.17
1 Year Target Price $16.17
| 1 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 13.56% | Avg. Invested days 65 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 989.89M USD | Price to earnings Ratio 9.19 | 1Y Target Price 16.17 |
Price to earnings Ratio 9.19 | 1Y Target Price 16.17 | ||
Volume (30-day avg) 3 | Beta 0.87 | 52 Weeks Range 12.82 - 18.15 | Updated Date 08/15/2025 |
52 Weeks Range 12.82 - 18.15 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 11.03% | Basic EPS (TTM) 1.66 |
Earnings Date
Report Date 2025-08-05 | When - | Estimate 0.44 | Actual 0.47 |
Profitability
Profit Margin 37.9% | Operating Margin (TTM) 75.3% |
Management Effectiveness
Return on Assets (TTM) 5.17% | Return on Equity (TTM) 9.42% |
Valuation
Trailing PE 9.19 | Forward PE 10.38 | Enterprise Value 2504244480 | Price to Sales(TTM) 3.49 |
Enterprise Value 2504244480 | Price to Sales(TTM) 3.49 | ||
Enterprise Value to Revenue 20.33 | Enterprise Value to EBITDA 21.91 | Shares Outstanding 64868500 | Shares Floating - |
Shares Outstanding 64868500 | Shares Floating - | ||
Percent Insiders 0.63 | Percent Institutions 37.12 |
Upturn AI SWOT
Bain Capital Specialty Finance Inc
Company Overview
History and Background
Bain Capital Specialty Finance, Inc. (BCSF) was formed in 2015, commencing operations in 2016. It is externally managed by BCSF Advisor, L.L.C., an affiliate of Bain Capital Credit, LP. The company focuses on providing direct lending solutions to middle-market companies.
Core Business Areas
- Direct Lending: BCSF provides first lien senior secured loans, second lien senior secured loans, mezzanine debt, and equity investments to middle market companies across a variety of industries.
Leadership and Structure
BCSF is externally managed by BCSF Advisor, L.L.C., which is an affiliate of Bain Capital Credit, LP. The leadership team consists of experienced investment professionals from Bain Capital Credit. The board of directors provides oversight and governance.
Top Products and Market Share
Key Offerings
- First Lien Senior Secured Loans: These loans offer a senior claim on assets, typically providing lower risk but potentially lower returns. Market share data specific to BCSF is not readily available but the market is heavily competitive. Competitors include Ares Capital Corporation (ARCC), Main Street Capital (MAIN), and Prospect Capital Corporation (PSEC).
- Second Lien Senior Secured Loans: These loans offer a subordinate claim on assets, typically providing higher returns but also higher risk. Market share data specific to BCSF is not readily available but the market is heavily competitive. Competitors include Ares Capital Corporation (ARCC), Main Street Capital (MAIN), and Prospect Capital Corporation (PSEC).
- Mezzanine Debt and Equity Investments: These investments offer the potential for higher returns, but they also come with increased risk. Market share data specific to BCSF is not readily available but the market is heavily competitive. Competitors include Ares Capital Corporation (ARCC), Main Street Capital (MAIN), and Prospect Capital Corporation (PSEC).
Market Dynamics
Industry Overview
The direct lending industry is growing, driven by increased demand from middle-market companies seeking flexible financing options. The industry is competitive, with numerous BDCs and private credit funds vying for deals.
Positioning
BCSF focuses on providing direct lending solutions to middle-market companies, leveraging Bain Capital Credit's extensive platform and expertise. Their competitive advantage lies in their experienced team, disciplined investment approach, and access to a broad network of relationships.
Total Addressable Market (TAM)
The estimated TAM for private credit to middle-market businesses is over $1 trillion. BCSF is positioned to capture a fraction of the TAM, based on their AUM. However, their TAM capture will be subject to competition from the other private credit funds and investment companies.
Upturn SWOT Analysis
Strengths
- Experienced management team with a strong track record
- Disciplined investment approach focused on risk management
- Access to Bain Capital Credit's extensive platform and resources
- Diversified investment portfolio across various industries
Weaknesses
- External management structure
- Reliance on Bain Capital Credit for deal flow
- Exposure to credit risk and market volatility
- Potential for conflicts of interest
Opportunities
- Growing demand for direct lending from middle-market companies
- Expanding investment portfolio into new industries and asset classes
- Leveraging technology to improve efficiency and scalability
- Strategic acquisitions to enhance market position
Threats
- Increased competition from other BDCs and private credit funds
- Economic downturn and rising interest rates
- Regulatory changes and compliance costs
- Deterioration in credit quality of portfolio companies
Competitors and Market Share
Key Competitors
- Ares Capital Corporation (ARCC)
- Main Street Capital (MAIN)
- Prospect Capital Corporation (PSEC)
Competitive Landscape
BCSF is one of many BDCs competing for deals in the middle-market lending space. ARCC is the industry leader with the largest share of the market. BCSF is significantly smaller and their growth will depend on securing deals.
Growth Trajectory and Initiatives
Historical Growth: BCSF has grown its investment portfolio and AUM over the past several years. However, growth has varied depending on market conditions and deal flow.
Future Projections: Future growth is projected to be dependent on its investment activities.
Recent Initiatives: Recent initiatives include expanding its investment portfolio into new industries, focusing on larger deals, and actively managing its existing portfolio.
Summary
Bain Capital Specialty Finance is a BDC with solid management and access to Bain Capital's network. However, it faces significant competition in a growing direct lending market. BCSF is externally managed, and shareholder returns are dependent on portfolio management and market conditions. Threats to watch out for are increased competition and economic downturns, which could impact the credit quality of its investments.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BCSF Investor Relations
- SEC Filings
- Market Research Reports
- Company Press Releases
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share estimates are approximate and may vary based on methodology. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bain Capital Specialty Finance Inc
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2018-11-15 | CEO & Director Mr. Michael Alexander Ewald | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt. It typically invests in companies with EBITDA between $10 million and $150 million.
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