(FDUS) Fidus Investment - Overview
Stock: Debt, Equity, Mezzanine, Warrants, Preferred
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 9.76% |
| Yield on Cost 5y | 26.36% |
| Yield CAGR 5y | 4.94% |
| Payout Consistency | 93.4% |
| Payout Ratio | 90.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 16.8% |
| Relative Tail Risk | -1.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.34 |
| Alpha | -16.92 |
| Character TTM | |
|---|---|
| Beta | 0.674 |
| Beta Downside | 0.792 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.94% |
| CAGR/Max DD | 0.44 |
Description: FDUS Fidus Investment December 25, 2025
Fidus Investment Corp. (NASDAQ: FDUS) is a Business Development Company (BDC) that targets lower-middle-market companies in the United States, deploying capital across a wide range of financing structures-including equity, mezzanine, senior secured, unitranche, and preferred equity-while deliberately avoiding turnaround or distressed situations.
The firm concentrates on sectors such as aerospace & defense, business services, consumer products & retail, healthcare, industrial manufacturing, IT services, niche manufacturing, transportation & logistics, and value-added distribution. Typical equity investments range from $5 million to $30 million in companies with $10 million–$150 million of revenue and $5 million–$30 million of EBITDA, and debt investments usually sit between $5 million and $15 million, often accompanied by minority board observation rights.
Key points to watch: (1) FDUS’s net asset value (NAV) has risen ~12 % YoY in 2023, reflecting strong deal flow and disciplined credit underwriting; (2) BDCs like FDUS are highly sensitive to the Federal Reserve’s interest-rate policy, as higher rates increase borrowing costs for portfolio companies and can compress the spread between loan yields and financing costs; (3) Aerospace & defense spending in the U.S. is projected to grow at a 4-5 % annual rate through 2027, bolstering one of FDUS’s core sectors. For a deeper dive into FDUS’s valuation metrics and peer comparison, check out the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 81.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.18 > 1.0 |
| NWC/Revenue: 66.88% < 20% (prev 54.94%; Δ 11.94% < -1%) |
| CFO/TA 0.05 > 3% & CFO 59.5m > Net Income 81.7m |
| Net Debt (122.6m) to EBITDA (86.2m): 1.42 < 3 |
| Current Ratio: 111.0 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.7m) vs 12m ago 7.01% < -2% |
| Gross Margin: 78.89% > 18% (prev 0.82%; Δ 7807 % > 0.5%) |
| Asset Turnover: 10.06% > 50% (prev 10.48%; Δ -0.41% > 0%) |
| Interest Coverage Ratio: 1.95 > 6 (EBITDA TTM 86.2m / Interest Expense TTM 25.9m) |
Altman Z'' 1.11
| A: 0.06 (Total Current Assets 82.8m - Total Current Liabilities 746.0k) / Total Assets 1.28b |
| B: 0.07 (Retained Earnings 94.0m / Total Assets 1.28b) |
| C: 0.04 (EBIT TTM 50.4m / Avg Total Assets 1.22b) |
| D: 0.17 (Book Value of Equity 94.0m / Total Liabilities 566.7m) |
| Altman-Z'' Score: 1.11 = BB |
What is the price of FDUS shares?
Over the past week, the price has changed by -0.46%, over one month by -1.23%, over three months by -4.26% and over the past year by -6.05%.
Is FDUS a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FDUS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 22 | 14% |
| Analysts Target Price | 22 | 14% |
| ValueRay Target Price | 22.9 | 18.8% |
FDUS Fundamental Data Overview January 27, 2026
P/E Forward = 10.3199
P/S = 4.7228
P/B = 1.0041
P/EG = 3.59
Revenue TTM = 122.7m USD
EBIT TTM = 50.4m USD
EBITDA TTM = 86.2m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 185.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 122.6m USD (from netDebt column, last quarter)
Enterprise Value = 836.6m USD (714.0m + Debt 185.0m - CCE 62.3m)
Interest Coverage Ratio = 1.95 (Ebit TTM 50.4m / Interest Expense TTM 25.9m)
EV/FCF = 14.06x (Enterprise Value 836.6m / FCF TTM 59.5m)
FCF Yield = 7.11% (FCF TTM 59.5m / Enterprise Value 836.6m)
FCF Margin = 48.47% (FCF TTM 59.5m / Revenue TTM 122.7m)
Net Margin = 66.56% (Net Income TTM 81.7m / Revenue TTM 122.7m)
Gross Margin = 78.89% ((Revenue TTM 122.7m - Cost of Revenue TTM 25.9m) / Revenue TTM)
Gross Margin QoQ = 76.69% (prev 80.15%)
Tobins Q-Ratio = 0.65 (Enterprise Value 836.6m / Total Assets 1.28b)
Interest Expense / Debt = 3.75% (Interest Expense 6.94m / Debt 185.0m)
Taxrate = 4.11% (820.0k / 20.0m)
NOPAT = 48.3m (EBIT 50.4m * (1 - 4.11%))
Current Ratio = 111.0 (out of range, set to none) (Total Current Assets 82.8m / Total Current Liabilities 746.0k)
Debt / Equity = 0.26 (Debt 185.0m / totalStockholderEquity, last quarter 711.0m)
Debt / EBITDA = 1.42 (Net Debt 122.6m / EBITDA 86.2m)
Debt / FCF = 2.06 (Net Debt 122.6m / FCF TTM 59.5m)
Total Stockholder Equity = 684.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.70% (Net Income 81.7m / Total Assets 1.28b)
RoE = 11.94% (Net Income TTM 81.7m / Total Stockholder Equity 684.2m)
RoCE = 3.95% (EBIT 50.4m / Capital Employed (Total Assets 1.28b - Current Liab 746.0k))
RoIC = 4.02% (NOPAT 48.3m / Invested Capital 1.20b)
WACC = 7.41% (E(714.0m)/V(899.0m) * Re(8.40%) + D(185.0m)/V(899.0m) * Rd(3.75%) * (1-Tc(0.04)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 16.40%
[DCF Debug] Terminal Value 79.66% ; FCFF base≈62.8m ; Y1≈59.9m ; Y5≈57.8m
Fair Price DCF = 28.41 (EV 1.16b - Net Debt 122.6m = Equity 1.04b / Shares 36.4m; r=7.41% [WACC]; 5y FCF grow -5.99% → 2.90% )
EPS Correlation: -25.66 | EPS CAGR: -43.92% | SUE: -4.0 | # QB: 0
Revenue Correlation: 34.76 | Revenue CAGR: -17.17% | SUE: -0.69 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.49 | Chg30d=-0.003 | Revisions Net=-2 | Analysts=5
EPS next Year (2026-12-31): EPS=1.92 | Chg30d=-0.018 | Revisions Net=-1 | Growth EPS=-7.2% | Growth Revenue=+4.5%