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Upturn AI SWOT - About
Goldman Sachs BDC Inc (GSBD)
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Upturn Advisory Summary
06/27/2025: GSBD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Year Target Price $11.08
Year Target Price $11.08
| 0 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Under performing |
| 1 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.09% | Avg. Invested days 46 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.36B USD | Price to earnings Ratio 27.05 | 1Y Target Price 11.08 |
Price to earnings Ratio 27.05 | 1Y Target Price 11.08 | ||
Volume (30-day avg) - | Beta 0.78 | 52 Weeks Range 9.47 - 13.97 | Updated Date 06/29/2025 |
52 Weeks Range 9.47 - 13.97 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 13.67% | Basic EPS (TTM) 0.43 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.38% | Operating Margin (TTM) 81.74% |
Management Effectiveness
Return on Assets (TTM) 6.4% | Return on Equity (TTM) 3.27% |
Valuation
Trailing PE 27.05 | Forward PE 10.78 | Enterprise Value 3152450816 | Price to Sales(TTM) 3.25 |
Enterprise Value 3152450816 | Price to Sales(TTM) 3.25 | ||
Enterprise Value to Revenue 47.62 | Enterprise Value to EBITDA - | Shares Outstanding 117297000 | Shares Floating - |
Shares Outstanding 117297000 | Shares Floating - | ||
Percent Insiders 0.12 | Percent Institutions 31.58 |
Analyst Ratings
Rating 2.5 | Target Price 11.08 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 3 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Goldman Sachs BDC Inc
Company Overview
History and Background
Goldman Sachs BDC, Inc. (GSBD) was formed in 2012 and is externally managed by Goldman Sachs Asset Management, L.P. GSBD focuses on investing in middle-market companies in the U.S.
Core Business Areas
- Direct Lending: Provides senior secured debt, junior secured debt, and equity investments to middle-market companies.
- Portfolio Management: Actively manages a portfolio of investments to generate current income and capital appreciation.
Leadership and Structure
The company is externally managed by Goldman Sachs Asset Management, L.P. Key leaders include the CEO, CFO and Chief Compliance Officer.
Top Products and Market Share
Key Offerings
- Senior Secured Debt: Provides first lien loans to middle-market companies. Market share data for GSBD's specific senior secured debt offerings is not publicly available. Competitors: Ares Capital Corporation (ARCC), Main Street Capital (MAIN).
- Junior Secured Debt: Provides second lien loans and subordinated debt to middle-market companies. Market share data for GSBD's specific junior secured debt offerings is not publicly available. Competitors: Owl Rock Capital Corporation (ORCC), FS KKR Capital Corp. (FSK).
- Equity Investments: Minority equity investments, typically in conjunction with debt investments. Revenue generated from this product is part of GSBD's overall investment income. Competitors: BlackRock TCP Capital Corp (TCPC).
Market Dynamics
Industry Overview
The BDC industry is driven by demand for capital from middle-market companies. The industry is impacted by interest rate changes, economic conditions, and regulatory factors.
Positioning
GSBD leverages the Goldman Sachs platform to source and manage investments. Their competitive advantage lies in their access to deal flow and expertise in credit analysis.
Total Addressable Market (TAM)
The TAM for middle-market lending is substantial, estimated to be in the hundreds of billions of dollars. GSBD is positioned to capture a portion of this TAM through its lending activities.
Upturn SWOT Analysis
Strengths
- Strong brand recognition associated with Goldman Sachs.
- Access to deal flow from the Goldman Sachs platform.
- Experienced investment team.
- Diversified investment portfolio.
Weaknesses
- External management structure can lead to conflicts of interest.
- Sensitivity to interest rate changes.
- Reliance on Goldman Sachs for sourcing deals.
- Dependence on key personnel.
Opportunities
- Growing demand for capital from middle-market companies.
- Expansion into new sectors or geographies.
- Strategic acquisitions of other BDCs or asset managers.
- Increase in net interest income with rising interest rates.
Threats
- Economic downturn could lead to increased defaults.
- Increased competition from other BDCs and private credit funds.
- Regulatory changes could impact BDC operations.
- Rising interest rates could increase borrowing costs.
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- ORCC
- FSK
- BXSL
Competitive Landscape
GSBD competes with other BDCs based on investment strategy, access to deal flow, and management expertise. Its affiliation with Goldman Sachs provides a competitive advantage, but other BDCs may have different cost structures or investment focus.
Growth Trajectory and Initiatives
Historical Growth: GSBD's growth has been dependent on its ability to deploy capital effectively and maintain asset quality. Historical growth data is available in SEC filings.
Future Projections: Analyst estimates for GSBD's future growth are available from financial news and data providers. Look for forecasts on investment income, NAV, and earnings.
Recent Initiatives: Monitor GSBD's press releases and investor presentations for strategic initiatives, such as new investments or portfolio management strategies.
Summary
Goldman Sachs BDC possesses the strength of its association with Goldman Sachs, providing access to deal flow and expertise. However, as an externally managed entity, it may face conflicts of interest. Future opportunities depend on middle-market growth and effective capital deployment, while economic downturns and increased competition pose threats. GSBD's success hinges on managing its portfolio and maintaining strong asset quality.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Financial News Providers
- Investor Presentations
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change. Consult a qualified financial advisor before making investment decisions.
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 | Co-President & Co-CEO Mr. David Nathan Miller | ||
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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