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Upturn AI SWOT - About
Goldman Sachs BDC Inc (GSBD)
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Upturn Advisory Summary
08/14/2025: GSBD (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 $11.08
1 Year Target Price $11.08
| 0 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.78% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.28B USD | Price to earnings Ratio 8.99 | 1Y Target Price 11.08 |
Price to earnings Ratio 8.99 | 1Y Target Price 11.08 | ||
Volume (30-day avg) 4 | Beta 0.8 | 52 Weeks Range 9.08 - 12.45 | Updated Date 08/15/2025 |
52 Weeks Range 9.08 - 12.45 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 13.51% | Basic EPS (TTM) 1.25 |
Earnings Date
Report Date 2025-08-07 | When - | Estimate 0.395 | Actual 0.38 |
Profitability
Profit Margin 36.18% | Operating Margin (TTM) 78.9% |
Management Effectiveness
Return on Assets (TTM) 5.96% | Return on Equity (TTM) 9.36% |
Valuation
Trailing PE 8.99 | Forward PE 10.78 | Enterprise Value 2975052288 | Price to Sales(TTM) 3.19 |
Enterprise Value 2975052288 | Price to Sales(TTM) 3.19 | ||
Enterprise Value to Revenue 19.13 | Enterprise Value to EBITDA - | Shares Outstanding 114113000 | Shares Floating - |
Shares Outstanding 114113000 | Shares Floating - | ||
Percent Insiders 0.13 | Percent Institutions 33.34 |
Upturn AI SWOT
Goldman Sachs BDC Inc
Company Overview
History and Background
Goldman Sachs BDC, Inc. (GSBD) was formed in 2012 and commenced operations in March 2013. It is a specialty finance company focused on providing financing solutions to middle-market companies.
Core Business Areas
- Direct Lending: Providing first lien, second lien, unitranche, and mezzanine loans to middle-market companies.
- Equity Investments: Making equity and equity-related investments, often in conjunction with debt investments.
Leadership and Structure
The CEO is David Miller. The company is managed by Goldman Sachs Asset Management, L.P. It operates as an externally managed BDC.
Top Products and Market Share
Key Offerings
- Senior Secured Debt: Primarily first lien and second lien loans to middle-market companies. Market share information is difficult to pinpoint as it is part of a larger direct lending market. Competitors include Ares Capital, Main Street Capital, and Prospect Capital.
- Mezzanine Debt and Equity Co-Investments: Higher yielding debt and equity co-investments, usually alongside senior debt. Market share information is difficult to pinpoint as it is part of a larger direct lending market. Competitors include Ares Capital, Main Street Capital, and Prospect Capital.
Market Dynamics
Industry Overview
The BDC industry is characterized by providing capital to middle-market companies, which often have limited access to traditional financing sources. It is influenced by interest rates, economic conditions, and regulatory factors.
Positioning
GSBD is a middle-market lender focusing on senior secured debt. Its competitive advantage is derived from the Goldman Sachs platform and its ability to source and underwrite deals. It positions itself as a reliable and flexible capital provider.
Total Addressable Market (TAM)
The US middle market lending space is estimated to be worth hundreds of billions of dollars. Goldman Sachs BDC Inc has a small fraction of this.
Upturn SWOT Analysis
Strengths
- Strong Sponsor (Goldman Sachs)
- Experienced Management Team
- Disciplined Underwriting Process
- Diversified Investment Portfolio
Weaknesses
- External Management Structure (potential conflicts of interest)
- Reliance on Goldman Sachs' Deal Flow
- Interest Rate Sensitivity
- Regulatory Risks
Opportunities
- Expanding Middle-Market Lending Demand
- Increasing Private Credit Allocation
- Potential for Strategic Acquisitions
- Favorable Regulatory Changes
Threats
- Economic Recession
- Rising Interest Rates
- Increased Competition
- Credit Losses
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- PSEC
Competitive Landscape
GSBD benefits from the Goldman Sachs brand but faces stiff competition from other established BDCs. Key differentiators are deal sourcing and underwriting capabilities.
Growth Trajectory and Initiatives
Historical Growth: Historical growth depends on macroeconomic factors, portfolio performance, and capital deployment. Past performance doesn't guarantee future results.
Future Projections: Future projections depend on macroeconomic factors, portfolio performance, and capital deployment. Analyst estimates vary and are subject to change.
Recent Initiatives: Recent initiatives include portfolio optimization, focusing on higher-quality assets, and expanding its lending platform.
Summary
Goldman Sachs BDC benefits from its association with Goldman Sachs. It has a diversified portfolio and a disciplined underwriting process. However, it faces risks related to the external management structure, interest rate sensitivity, and economic conditions. Growth depends on effective capital deployment and portfolio management.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Goldman Sachs BDC, Inc. Investor Relations
- SEC Filings (10-K, 10-Q)
- Analyst Reports
- Industry Research Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Market share data is approximate and based on available information. This analysis is based on publicly available information and may not be entirely complete or accurate.
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 Goldman Sachs BDC Inc
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2015-03-18 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Goldman Sachs BDC, Inc. is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities. The fund primarily invests in United States. It seeks to invest between $10 million and $75 million in companies with EBITDA between $5 million and $75 million annually.
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