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Upturn AI SWOT - About
CGBD 
Carlyle Secured Lending Inc (CGBD)
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Upturn Advisory Summary
09/16/2025: 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 $14.29
1 Year Target Price $14.29
| 0 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 2 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 17.46% | 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 09/16/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 973.26M USD | Price to earnings Ratio 11.41 | 1Y Target Price 14.29 |
Price to earnings Ratio 11.41 | 1Y Target Price 14.29 | ||
Volume (30-day avg) 4 | Beta 0.93 | 52 Weeks Range 12.74 - 17.63 | Updated Date 09/16/2025 |
52 Weeks Range 12.74 - 17.63 | Updated Date 09/16/2025 | ||
Dividends yield (FY) 11.68% | 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 11.41 | Forward PE 8.51 | Enterprise Value 2253347840 | Price to Sales(TTM) 4.15 |
Enterprise Value 2253347840 | Price to Sales(TTM) 4.15 | ||
Enterprise Value to Revenue 28.93 | Enterprise Value to EBITDA - | Shares Outstanding 72903000 | Shares Floating - |
Shares Outstanding 72903000 | Shares Floating - | ||
Percent Insiders 0.69 | Percent Institutions 36.2 |
Upturn AI SWOT
Carlyle Secured Lending Inc
Company Overview
History and Background
Carlyle Secured Lending, Inc. (formerly TCG BDC, Inc.) is a specialty finance company focused on providing capital to middle-market companies. Founded in 2012, it went public in 2014. The company is managed by Carlyle Global Credit Investment Management L.L.C., an affiliate of Carlyle.
Core Business Areas
- Direct Lending: Provides senior secured loans, including first lien and second lien debt, to U.S. middle-market companies.
- Opportunistic Credit: Invests opportunistically in other types of credit instruments, including mezzanine debt and distressed debt.
Leadership and Structure
Linda Pace is the Chief Executive Officer. The company operates as a business development company (BDC) and is externally managed by Carlyle Global Credit Investment Management L.L.C.
Top Products and Market Share
Key Offerings
- First Lien Loans: Senior secured loans that have first priority in repayment in the event of a borrower's default. Market share data is not publicly available, but Carlyle Secured Lending competes with other BDCs such as Ares Capital (ARCC) and Golub Capital BDC (GBDC).
- competitors: Ares Capital (ARCC) and Golub Capital BDC (GBDC)
- Second Lien Loans: Senior secured loans that have second priority in repayment. Market share data is not publicly available. Competitors include other BDCs such as Owl Rock Capital Corporation (ORCC).
- competitors: Owl Rock Capital Corporation (ORCC)
Market Dynamics
Industry Overview
The BDC industry is highly competitive, with many firms vying to provide capital to middle-market companies. The industry is influenced by interest rates, economic conditions, and regulatory changes.
Positioning
Carlyle Secured Lending aims to be a leading provider of financing solutions to middle-market companies, leveraging the Carlyle Group's broader platform and expertise.
Total Addressable Market (TAM)
The middle market lending space is estimated in the trillions of dollars. Carlyle Secured Lending captures a small portion of this TAM, relying on their Carlyle brand to find deals in this space.
Upturn SWOT Analysis
Strengths
- Strong relationship with Carlyle Group
- Experienced management team
- Diversified investment portfolio
- Established track record
Weaknesses
- External management structure
- Reliance on Carlyle Group
- Sensitivity to interest rate changes
- High operating expenses
Opportunities
- Growing demand for private credit
- Expansion into new investment strategies
- Increased access to capital
- Strategic acquisitions
Threats
- Increased competition
- Economic downturn
- Regulatory changes
- Credit risk
Competitors and Market Share
Key Competitors
- ARCC
- GBDC
- ORCC
Competitive Landscape
Carlyle Secured Lending benefits from its affiliation with the Carlyle Group, providing access to deal flow and expertise. However, it faces competition from other well-established BDCs with strong track records.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by increased investments in middle-market companies and expansion of the investment portfolio.
Future Projections: Future growth is subject to market conditions, investment opportunities, and the company's ability to raise capital.
Recent Initiatives: Recent initiatives include expanding investment origination capabilities and diversifying the investment portfolio.
Summary
Carlyle Secured Lending is a BDC benefitting from the scale and brand of Carlyle. However, the external management structure presents potential conflicts of interest. They must navigate the competitive landscape and economic cycles to achieve sustainable growth and shareholder returns. Interest rates and credit risk remain key factors to monitor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10K, 10Q)
- Analyst reports
- Company Website
- SEC Filings
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual due diligence and consultation with a qualified financial advisor.
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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