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Upturn AI SWOT - About
CGBD 
Carlyle Secured Lending Inc (CGBD)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
10/22/2025: CGBD (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
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $14.12
1 Year Target Price $14.12
| 0 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 2 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 11.93% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/22/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 915.66M USD | Price to earnings Ratio 10.73 | 1Y Target Price 14.12 |
Price to earnings Ratio 10.73 | 1Y Target Price 14.12 | ||
Volume (30-day avg) 4 | Beta 0.92 | 52 Weeks Range 11.65 - 17.08 | Updated Date 10/22/2025 |
52 Weeks Range 11.65 - 17.08 | Updated Date 10/22/2025 | ||
Dividends yield (FY) 12.88% | Basic EPS (TTM) 1.17 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 29.71% | Operating Margin (TTM) 74.85% |
Management Effectiveness
Return on Assets (TTM) 4.96% | Return on Equity (TTM) 6.61% |
Valuation
Trailing PE 10.73 | Forward PE 7.89 | Enterprise Value 2195754496 | Price to Sales(TTM) 3.91 |
Enterprise Value 2195754496 | Price to Sales(TTM) 3.91 | ||
Enterprise Value to Revenue 28.02 | Enterprise Value to EBITDA - | Shares Outstanding 72902981 | Shares Floating - |
Shares Outstanding 72902981 | Shares Floating - | ||
Percent Insiders 0.69 | Percent Institutions 36.61 |
Upturn AI SWOT
Carlyle Secured Lending Inc
Company Overview
History and Background
Carlyle Secured Lending, Inc. (CGBD) is a specialty finance company focused on lending to middle-market companies. Formed to leverage Carlyle Group's expertise, it provides financing solutions including first lien loans, second lien loans, and unitranche loans. It began trading publicly in 2013. Previously known as TCG BDC, Inc. the name was changed to Carlyle Secured Lending, Inc. effective March 1, 2023.
Core Business Areas
- Direct Lending: Provides direct lending solutions to middle-market companies, focusing on senior secured debt.
- Investment Management: Manages a portfolio of debt investments, aiming to generate current income and capital appreciation.
Leadership and Structure
Linda Pace is the Chief Executive Officer and Nicolas Widdoes is the Chief Financial Officer. The company operates under the Carlyle Group's investment management platform.
Top Products and Market Share
Key Offerings
- First Lien Loans: Senior secured loans that have first priority in the event of a borrower's default. Market share data is not publicly broken out by loan type for CGBD. Competitors include Ares Capital (ARCC), Golub Capital BDC (GBDC), and Owl Rock Capital Corporation (ORCC).
- Second Lien Loans: Loans that have a secondary claim on assets after first lien lenders. Market share data is not publicly broken out by loan type for CGBD. Competitors include Ares Capital (ARCC), Golub Capital BDC (GBDC), and Owl Rock Capital Corporation (ORCC).
- Unitranche Loans: A hybrid debt instrument that combines characteristics of both first and second lien loans. Market share data is not publicly broken out by loan type for CGBD. Competitors include Ares Capital (ARCC), Golub Capital BDC (GBDC), and Owl Rock Capital Corporation (ORCC).
Market Dynamics
Industry Overview
The Business Development Company (BDC) industry is characterized by providing capital to middle-market companies. The industry is sensitive to interest rate changes and economic conditions.
Positioning
Carlyle Secured Lending aims to leverage the Carlyle Group's network and deal sourcing capabilities to originate and manage attractive debt investments. Their competitive advantage lies in their relationship with Carlyle.
Total Addressable Market (TAM)
The TAM for private credit is substantial, estimated to be in the trillions of dollars. CGBD's positioning is dependent on its ability to deploy capital effectively and generate returns within that market.
Upturn SWOT Analysis
Strengths
- Relationship with Carlyle Group
- Experienced Management Team
- Diversified Investment Portfolio
- Strong Origination Capabilities
Weaknesses
- Reliance on Carlyle Group network
- Sensitivity to interest rate fluctuations
- Credit risk associated with middle-market lending
- External management structure
Opportunities
- Growing demand for private credit
- Expansion into new investment strategies
- Potential for strategic acquisitions
- Increased regulatory scrutiny of banks
Threats
- Economic downturn impacting borrowers
- Increased competition in the BDC space
- Changes in regulations affecting BDCs
- Rising interest rates
Competitors and Market Share
Key Competitors
- Ares Capital (ARCC)
- Golub Capital BDC (GBDC)
- Owl Rock Capital Corporation (ORCC)
Competitive Landscape
CGBD benefits from its relationship with Carlyle. However, it faces stiff competition from larger, more established BDCs.
Growth Trajectory and Initiatives
Historical Growth: Growth is dependent on deploying capital effectively and managing credit risk successfully.
Future Projections: Future growth is influenced by macroeconomic factors, industry trends, and the company's strategic decisions. Analyst estimates vary.
Recent Initiatives: Recent initiatives are focused on deploying capital and actively managing the portfolio.
Summary
Carlyle Secured Lending benefits from its relationship with Carlyle Group, but it operates in a competitive and interest-rate sensitive environment. Effective capital deployment and credit risk management are crucial for future growth. The company needs to monitor the economic environment and competition. The company should continue to diversify it's holdings to protect against risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market share data is estimated.
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 Carlyle Secured Lending Inc
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2017-06-14 | CEO, President & Interested Director Mr. Justin V. Plouffe CFA, J.D. | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Carlyle Secured Lending, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.
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