Provides financing to middle-market companies. Invests in directly originated senior secured term loans. Now — the numbers.
This is an established company with proven profits.
Average growth of 41% a year over the last 4 years. Every year shown ended in profit.
The gap is $2.0B. In times of high interest rates, a gap like that can squeeze a company.
The market pays 10.2× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
Against companies in its own sector, it looks cheaper than 99% of them.
Analysts' average target sits 2% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit power and business quality lead the class.
A solid grade overall — yet the debt outweighs the cash. The strength here comes from earnings power.
The price looks reasonable next to what the company earns.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
The stock trades 39% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 32% — still a thick cushion, though costs have been eating into it lately.
Over the last 4 years, sales grew about 41% a year on average.
Over the last 12 months, company executives reported 18 buys and 0 sells. Management buying with its own money is usually read as a good sign.
Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 20/100. For a turnaround signal, the stock first needs to close the gap with the market.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.