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Upturn AI SWOT - About
GSBD 
Goldman Sachs BDC Inc (GSBD)
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Upturn Advisory Summary
09/17/2025: 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 $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 9.89% | 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 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.29B USD | Price to earnings Ratio 9.05 | 1Y Target Price 10.92 |
Price to earnings Ratio 9.05 | 1Y Target Price 10.92 | ||
Volume (30-day avg) 4 | Beta 0.8 | 52 Weeks Range 9.05 - 12.42 | Updated Date 09/17/2025 |
52 Weeks Range 9.05 - 12.42 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 13.79% | Basic EPS (TTM) 1.25 |
Earnings Date
Report Date - | When - | Estimate - | 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 9.05 | Forward PE 10.78 | Enterprise Value 2983040000 | Price to Sales(TTM) 3.21 |
Enterprise Value 2983040000 | Price to Sales(TTM) 3.21 | ||
Enterprise Value to Revenue 19.18 | Enterprise Value to EBITDA - | Shares Outstanding 114113000 | Shares Floating - |
Shares Outstanding 114113000 | Shares Floating - | ||
Percent Insiders 0.13 | Percent Institutions 34.19 |
Upturn AI SWOT
Goldman Sachs BDC Inc
Company Overview
History and Background
Goldman Sachs BDC, Inc. (GSBD) was formed in 2012 and commenced operations on March 29, 2013. It is a specialty finance company focused on lending to middle-market companies. It is externally managed by Goldman Sachs Asset Management, L.P.
Core Business Areas
- Direct Lending: Providing first lien, unitranche, and second lien debt to middle-market companies.
- Equity Investments: Making opportunistic equity investments in portfolio companies, often alongside debt investments.
Leadership and Structure
The company is externally managed by Goldman Sachs Asset Management, L.P. The executive team consists of investment professionals from Goldman Sachs.
Top Products and Market Share
Key Offerings
- First Lien Debt: Providing senior secured loans to middle-market companies. Market share data is not readily available at a granular product level for GSBD. Competitors include Ares Capital, Main Street Capital, and Owl Rock Capital Corporation. The revenue from this product makes up a large portion of the total revenue, precise figures are difficult to get without access to GSBD's full financial reporting tools.
- Second Lien Debt: Providing subordinated debt to middle-market companies. Market share data is not readily available at a granular product level for GSBD. Competitors include Ares Capital, Main Street Capital, and Owl Rock Capital Corporation. The revenue from this product makes up a portion of the total revenue, precise figures are difficult to get without access to GSBD's full financial reporting tools.
Market Dynamics
Industry Overview
The BDC industry is characterized by intense competition and is subject to regulatory oversight. It provides capital to middle-market companies that may have difficulty accessing traditional sources of financing.
Positioning
Goldman Sachs BDC leverages the brand and resources of Goldman Sachs, offering a competitive advantage in sourcing and managing investments. They tend to focus on larger middle-market deals than some smaller BDCs.
Total Addressable Market (TAM)
The TAM for middle-market lending is estimated to be hundreds of billions of dollars. GSBD is positioned to capture a segment of this market through its relationship with Goldman Sachs.
Upturn SWOT Analysis
Strengths
- Strong brand recognition due to affiliation with Goldman Sachs
- Access to deal flow from Goldman Sachs' network
- Experienced management team
- Diversified investment portfolio
Weaknesses
- External management structure leading to potential conflicts of interest
- Reliance on Goldman Sachs for origination and management
- Higher operating expenses due to management fees
- Sensitivity to interest rate changes
Opportunities
- Increased demand for private credit from middle-market companies
- Expansion into new investment strategies and sectors
- Strategic acquisitions to enhance portfolio diversification
- Capitalizing on regulatory changes favoring BDCs
Threats
- Economic downturn impacting portfolio company performance
- Increased competition from other BDCs and private credit funds
- Rising interest rates increasing borrowing costs
- Regulatory changes negatively impacting BDC operations
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- Oaktree Specialty Lending Corporation (OCSL)
Competitive Landscape
GSBD benefits from the Goldman Sachs brand and deal flow. Its external management structure can be a disadvantage compared to internally managed BDCs. ARCC and MAIN have longer track records and established reputations.
Growth Trajectory and Initiatives
Historical Growth: Requires specific data. Due to access restrictions I cannot provide current financial information.
Future Projections: Requires specific data. Due to access restrictions I cannot provide current financial information.
Recent Initiatives: GSBD continually evaluates potential investment opportunities. They have been focusing on disciplined capital allocation.
Summary
Goldman Sachs BDC benefits from its affiliation with Goldman Sachs, providing access to deal flow and expertise. Its external management structure presents potential conflicts. Economic uncertainty and competition remain key risks. Their strong brand and diversified portfolio are key strengths. It is crucial to monitor portfolio quality and external management costs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC filings (10-K, 10-Q)
- Company website
- Third-party financial data providers
- Industry reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data is estimated and may not be precise.
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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