(FDUS) Fidus Investment - NASDAQ
Sector: Financial Services | Industry: Asset Management | Exchange: NASDAQ (USA) | Market Cap: 706m USD | Total Return: 1.4% in 12m
Avg Turnover: 4.47M
EPS Trend: -67.8%
Qual. Beats: 2
Rev. Trend: 78.8%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Fidus Investment Corporation (FDUS) operates as a Business Development Company (BDC) providing customized debt and equity financing to lower middle-market companies in the United States. The firm targets investments ranging from $5 million to $30 million, focusing on businesses with annual revenues between $10 million and $150 million. Its portfolio primarily consists of senior secured debt, unitranche loans, and mezzanine financing, often accompanied by minority equity stakes and board observation rights.
The company avoids distressed situations and turnarounds, opting instead for stable sectors such as niche manufacturing, healthcare services, and value-added distribution. As a BDC, Fidus is structured to provide capital to private firms that may lack access to traditional bank financing or public capital markets. This business model requires the firm to distribute at least 90% of its taxable income to shareholders annually to maintain its regulated investment company status.
Investors may find it useful to review ValueRay for deeper insights into the firms historical performance and valuation metrics.
- Interest rate fluctuations impact net interest margin on floating rate loan portfolio
- Lower middle market credit quality affects non-accrual rates and net asset value
- Deal flow volume in leveraged buyouts drives capital deployment and fee income
- Equity co-investment exits provide significant realized gains for supplemental dividend distributions
- Regulatory compliance with BDC leverage limits constrains total investment capacity and growth
| Net Income: 82.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -6.35 > 1.0 |
| NWC/Revenue: 12.64% < 20% (prev 71.75%; Δ -59.11% < -1%) |
| CFO/TA -0.06 > 3% & CFO -83.8m > Net Income 82.6m |
| Net Debt (618.4m) to EBITDA (80.1m): 7.72 < 3 |
| Current Ratio: 1.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (38.0m) vs 12m ago 11.38% < -2% |
| Gross Margin: 74.35% > 18% (prev 80.12%; Δ -5.77% > 0.5%) |
| Asset Turnover: 9.92% > 50% (prev 9.32%; Δ 0.61% > 0%) |
| Interest Coverage Ratio: 2.99 > 6 (EBIT TTM 97.1m / Interest Expense TTM 32.4m) |
| A: 0.01 (Total Current Assets 49.7m - Total Current Liabilities 32.8m) / Total Assets 1.44b |
| B: 0.07 (Retained Earnings 100.6m / Total Assets 1.44b) |
| C: 0.07 (EBIT TTM 97.1m / Avg Total Assets 1.34b) |
| D: 1.06 (Book Value of Equity 742.0m / Total Liabilities 702.2m) |
| Altman-Z'' = 1.90 = BBB |
As of June 19, 2026, the stock is trading at USD 18.03 with a total of 358,925 shares traded.
Over the past week, the price has changed by -0.47%,
over one month by -0.05%,
over three months by +4.82% and
over the past year by +1.37%.
Fidus Investment has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy FDUS.
- StrongBuy: 2
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.5 | 19.2% |
P/E Trailing = 8.2345
P/E Forward = 9.6061
P/S = 4.2321
P/B = 0.9626
P/EG = 3.5213
Revenue TTM = 133.3m USD
EBIT TTM = 97.1m USD
EBITDA TTM = 80.1m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 668.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 618.4m USD (calculated: Debt 668.1m - CCE 49.7m)
Enterprise Value = 1.32b USD (706.3m + Debt 668.1m - CCE 49.7m)
Interest Coverage Ratio = 2.99 (Ebit TTM 97.1m / Interest Expense TTM 32.4m)
EV/FCF = -15.81x (Enterprise Value 1.32b / FCF TTM -83.8m)
FCF Yield = -6.33% (FCF TTM -83.8m / Enterprise Value 1.32b)
FCF Margin = -62.89% (FCF TTM -83.8m / Revenue TTM 133.3m)
Net Margin = 62.00% (Net Income TTM 82.6m / Revenue TTM 133.3m)
Gross Margin = 74.35% ((Revenue TTM 133.3m - Cost of Revenue TTM 34.2m) / Revenue TTM)
Gross Margin QoQ = 67.40% (prev 73.45%)
Tobins Q-Ratio = 0.92 (Enterprise Value 1.32b / Total Assets 1.44b)
Interest Expense / Debt = 4.85% (Interest Expense 32.4m / Debt 668.1m)
Taxrate = 5.22% (4.55m / 87.2m)
NOPAT = 92.0m (EBIT 97.1m * (1 - 5.22%))
Current Ratio = 1.51 (Total Current Assets 49.7m / Total Current Liabilities 32.8m)
Debt / Equity = 0.90 (Debt 668.1m / totalStockholderEquity, last quarter 742.0m)
Debt / EBITDA = 7.72 (Net Debt 618.4m / EBITDA 80.1m)
Debt / FCF = -7.38 (negative FCF - burning cash) (Net Debt 618.4m / FCF TTM -83.8m)
Total Stockholder Equity = 721.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.15% (Net Income 82.6m / Total Assets 1.44b)
RoE = 11.45% (Net Income TTM 82.6m / Total Stockholder Equity 721.8m)
RoCE = 6.88% (EBIT 97.1m / Capital Employed (Total Assets 1.44b - Current Liab 32.8m))
RoIC = 6.55% (NOPAT 92.0m / Invested Capital 1.40b)
WACC = 6.34% (E(706.3m)/V(1.37b) * Re(7.99%) + D(668.1m)/V(1.37b) * Rd(4.85%) * (1-Tc(0.05)))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 17.58%
[DCF] Fair Price = unknown (Cash Flow -83.8m)
EPS Correlation: -67.79 | EPS CAGR: -4.61% | SUE: 4.0 | # QB: 2
Revenue Correlation: 78.80 | Revenue CAGR: 12.65% | SUE: -0.60 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.50 | Chg30d=+0.40% | Revisions=+50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.51 | Chg30d=+0.80% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=2.12 | Chg30d=+6.21% | Revisions=+56% | GrowthEPS=-0.5% | GrowthRev=+13.4%
EPS next Year (2027-12-31): EPS=1.95 | Chg30d=+0.64% | Revisions=-20% | GrowthEPS=-7.9% | GrowthRev=+0.8%
[Analyst] Revisions Ratio: +56%