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Upturn AI SWOT - About
GSBD 
Goldman Sachs BDC Inc (GSBD)
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Upturn Advisory Summary
10/30/2025: GSBD (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $10.92
1 Year Target Price $10.92
| 0 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.74% | 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 10/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.13B USD | Price to earnings Ratio 7.93 | 1Y Target Price 10.92 |
Price to earnings Ratio 7.93 | 1Y Target Price 10.92 | ||
Volume (30-day avg) 4 | Beta 0.77 | 52 Weeks Range 8.65 - 11.74 | Updated Date 10/31/2025 |
52 Weeks Range 8.65 - 11.74 | Updated Date 10/31/2025 | ||
Dividends yield (FY) 15.35% | Basic EPS (TTM) 1.25 |
Earnings Date
Report Date 2025-11-06 | When - | Estimate 0.3573 | Actual - |
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 7.93 | Forward PE 10.78 | Enterprise Value 2823281664 | Price to Sales(TTM) 2.81 |
Enterprise Value 2823281664 | Price to Sales(TTM) 2.81 | ||
Enterprise Value to Revenue 18.35 | Enterprise Value to EBITDA - | Shares Outstanding 114113096 | Shares Floating - |
Shares Outstanding 114113096 | Shares Floating - | ||
Percent Insiders 0.14 | Percent Institutions 34.69 |
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 lending to middle-market companies.
Core Business Areas
- Direct Lending: Primarily invests in directly originated, secured debt of private middle-market companies.
- Opportunistic Investments: May invest in other types of investments, including unsecured debt, mezzanine debt, and equity.
Leadership and Structure
The company is externally managed by Goldman Sachs Asset Management, L.P., an affiliate of The Goldman Sachs Group, Inc. The leadership team consists of executives from Goldman Sachs Asset Management, responsible for the overall investment strategy and portfolio management.
Top Products and Market Share
Key Offerings
- Senior Secured Debt: GSBD's primary offering. Provides first lien and second lien loans to middle-market companies. Specific market share data is not readily available. Competitors include Ares Capital, Main Street Capital, and Owl Rock Capital Corporation.
- Subordinated Debt and Equity Co-Investments: Complements senior secured debt investments. Specific market share data not readily available. Competitors are similar to those in senior secured debt, depending on the specific investment.
Market Dynamics
Industry Overview
The BDC industry involves lending to small and medium-sized businesses. The industry is sensitive to interest rate changes and economic cycles.
Positioning
GSBD benefits from the Goldman Sachs brand and its origination capabilities. Its competitive advantage lies in its access to deal flow and its ability to provide larger financing solutions. Also, it has relationships with financial sponsors.
Total Addressable Market (TAM)
The TAM for middle-market lending is substantial, estimated to be in the hundreds of billions of dollars. GSBD captures a small fraction of this TAM, competing with other BDCs and private credit funds.
Upturn SWOT Analysis
Strengths
- Strong brand name and reputation
- Access to Goldman Sachs' resources and expertise
- Experienced management team
- Established origination platform
Weaknesses
- External management structure (potential conflicts of interest)
- Sensitivity to interest rate fluctuations
- Reliance on Goldman Sachs for deal flow
- Dependence on a relatively concentrated portfolio of investments
Opportunities
- Growing demand for private credit
- Expansion into new industry sectors
- Strategic acquisitions
- Increasing its market share in middle market lending.
Threats
- Increased competition from other BDCs and private credit funds
- Economic downturns leading to borrower defaults
- Changes in regulations affecting BDCs
- Rising interest rates increasing borrowing costs
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- ORCC
- TUSK
- GHLD
Competitive Landscape
GSBD has the backing of the Goldman Sachs brand and access to its resources, providing a competitive advantage. However, competitors like ARCC have a much larger asset base and a more diversified portfolio.
Major Acquisitions
Crescent Capital BDC, Inc. Merger
- Year: 2020
- Acquisition Price (USD millions): 1160
- Strategic Rationale: The merger was intended to create a larger, more diversified BDC with enhanced scale and operating efficiencies.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is dependent on financial performance.
Future Projections: Future projections are based on analyst estimates.
Recent Initiatives: Recent strategic initiatives depend on company announcements.
Summary
Goldman Sachs BDC has a strong brand name and backing, but its external management structure and smaller size compared to some competitors present challenges. The company benefits from growing demand for private credit and its access to Goldman Sachs' resources. However, the BDC is exposed to risks such as economic downturns and changes in regulations.
Similar Stocks
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Presentations
- Analyst Reports
- Company Website
Disclaimers:
This analysis is based on available information and is not financial advice. Investment decisions should be made after consulting 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 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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