Company Valuation: Golub Capital BDC, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,674 2,117 2,488 3,998 3,647 3,308 - -
Change - -20.82% 17.5% 60.7% -8.79% -9.29% - -
Enterprise Value (EV) 2,674 2,117 2,488 3,998 3,647 3,308 3,308 3,308
Change - -20.82% 17.5% 60.7% -8.79% -9.29% 0% 0%
P/E 7.79x 13.8x 9.65x 11.2x 9.71x 20.6x 9.95x 10.5x
PBR 1.04x 0.83x - - - 0.89x 0.89x -
PEG - -0.2x 0.1x -1x 2.18x -0.4x 0x -2.07x
Capitalization / Revenue 8.71x 5.46x 4.13x 5.52x 4.19x 4.28x 4.43x 4.47x
EV / Revenue 0x 0x 0x 0x 0x 4.28x 4.43x 4.47x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x - 0x 9.45x 9.97x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.16 1.2 1.4 1.89 1.65 1.38 1.32 1.22
Rate of return 7.34% 9.69% 9.54% 12.5% 12.1% 10.8% 10.4% 9.58%
EPS 2 2.03 0.9 1.52 1.35 1.41 0.618 1.28 1.215
Distribution rate 57.1% 133% 92.1% 140% 117% 223% 103% 100%
Net sales 1 307.1 387.8 603.1 724.7 870.8 773.2 747.1 740.9
EBITDA - - - - - - - -
EBIT 1 233.4 285.6 443.4 - 397.3 350.1 331.8 -
Net income 1 340.3 153.4 258.6 273.8 376.6 161 314.6 316
Net Debt - - - - - - - -
Reference price 2 15.81 12.39 14.67 15.11 13.69 12.74 12.74 12.74
Nbr of stocks (in thousands) 169,152 170,896 169,595 264,609 266,376 259,652 - -
Announcement Date 29/11/21 21/11/22 20/11/23 19/11/24 18/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.61x - - 10.83% 3.31B
23.29x6.35x13.72x1.87% 189B
14.51x3.44x - 2.48% 150B
16.36x7.4x - 1.51% 103B
20.46x7.27x12.97x4.17% 97.57B
20.89x10.97x14.58x0.78% 89.26B
21.37x13.4x22.36x3.82% 84B
15.43x11.56x9.01x1.81% 72.59B
12.95x4.9x - 2.01% 47.39B
Average 18.43x 8.16x 14.53x 3.25% 93B
Weighted average by Cap. 18.81x 7.64x 14.45x 2.32%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Golub Capital BDC, Inc.

Historical PBR trend

Valuation ratios - PBR - Golub Capital BDC, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Golub Capital BDC, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Golub Capital BDC, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Golub Capital BDC, Inc.
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