Overview Dividends

(BBDC) Barings BDC - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US06759L1035

Debt, Loans, Credit, Investment, Funding

BBDC EPS (Earnings per Share)

EPS Growth (3Y CAGR): -2.18%
EPS Trend (3Y Correlation): -15.4%

BBDC Revenue

Revenue Growth (3Y CAGR): -26.93%
Revenue Trend (3Y Correlation): -77.5%

Risk via 10d forecast
Volatility	17.9%
Value at Risk 5%th	28.5%
Relative Tail Risk	-3.41%

Reward TTM
Sharpe Ratio	-0.28
Alpha	-11.30

Character TTM
Hurst Exponent	0.464
Beta	0.581
Beta Downside	0.567

Drawdowns 3y
Max DD	26.45%
Mean DD	6.35%
Median DD	4.48%

Description: BBDC Barings BDC August 25, 2025

Barings BDC Inc (NYSE:BBDC) is a US-based company operating in the Asset Management & Custody Banks sub-industry. As a Business Development Company (BDC), BBDC invests in and provides financing to middle-market companies, generating income through interest and fees.

To evaluate BBDCs performance, key metrics to monitor include Net Investment Income (NII), Net Asset Value (NAV) per share, and the investment portfolios yield. A stable or increasing NII and NAV per share indicate a healthy financial condition. The companys ability to maintain a consistent dividend payout is also crucial, as BDCs are required to distribute at least 90% of their taxable income to shareholders.

Economic drivers influencing BBDCs performance include interest rates, credit market conditions, and the overall state of the economy. Rising interest rates can increase the yield on BBDCs investments, potentially boosting NII. Conversely, economic downturns may lead to higher default rates, negatively impacting the companys financial performance.

To assess BBDCs valuation, investors can examine the Price-to-NAV (P/NAV) ratio, which compares the stocks market price to its underlying net asset value. A P/NAV ratio below 1 may indicate an attractive buying opportunity. Additionally, the companys Return on Equity (RoE) of 8.42% suggests a relatively stable return profile.

From a risk management perspective, BBDCs investment portfolio composition, credit quality, and diversification across various industries and geographies are essential factors to consider. A well-diversified portfolio with a robust credit risk management framework can help mitigate potential losses and ensure stable returns.

BBDC Stock Overview

Market Cap in USD	940m
Sub-Industry	Asset Management & Custody Banks
IPO / Inception	2007-02-15
Return 12m vs S&P 500	-15.6%
Analyst Rating	4.40 of 5

BBDC Dividends

Dividend Yield	10.40%
Yield on Cost 5y	17.51%
Yield CAGR 5y	12.47%
Payout Consistency	93.3%
Payout Ratio	59.3%

BBDC Growth Ratios

CAGR 3y	10.19%
CAGR/Max DD Calmar Ratio	0.39
CAGR/Mean DD Pain Ratio	1.60
Current Volume	377.6k
Average Volume	437.1k

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (101.5m TTM) > 0 and > 6% of Revenue (6% = 10.7m TTM)

FCFTA -0.06 (>2.0%) and ΔFCFTA -15.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 6.93% (prev 43.67%; Δ -36.74pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.06 (>3.0%) and CFO -178.8m <= Net Income 101.5m (YES >=105%, WARN >=100%)

Net Debt (1.55b) to EBITDA (97.0m) ratio: 15.97 <= 3.0 (WARN <= 3.5)

Current Ratio 1.42 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (105.2m) change vs 12m ago -0.53% (target <= -2.0% for YES)

Gross Margin 64.28% (prev 67.93%; Δ -3.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 6.55% (prev 9.08%; Δ -2.53pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.95 (EBITDA TTM 97.0m / Interest Expense TTM 85.0m) >= 6 (WARN >= 3)

Altman Z'' -0.98

(A) 0.00 = (Total Current Assets 41.5m - Total Current Liabilities 29.2m) / Total Assets 2.82b

(B) -0.24 = Retained Earnings (Balance) -677.9m / Total Assets 2.82b

(D) -0.41 = Book Value of Equity -677.8m / Total Liabilities 1.66b

Total Rating: -0.98 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 36.01

1. Piotroski 3.0pt = -2.0

2. FCF Yield -7.71% = -3.85

3. FCF Margin data missing

4. Debt/Equity 1.24 = 1.78

5. Debt/Ebitda 15.97 = -2.50

6. ROIC - WACC (= -1.24)% = -1.55

7. RoE 8.60% = 0.72

8. Rev. Trend -77.45% = -5.81

9. EPS Trend -15.36% = -0.77

What is the price of BBDC shares?

As of November 16, 2025, the stock is trading at USD 8.94 with a total of 377,600 shares traded.
Over the past week, the price has changed by -0.22%, over one month by +1.82%, over three months by -4.44% and over the past year by -3.23%.

Is Barings BDC a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Barings BDC (NYSE:BBDC) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 36.01 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BBDC is around 9.46 USD . This means that BBDC is currently overvalued and has a potential downside of 5.82%.

Is BBDC a buy, sell or hold?

Barings BDC has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy BBDC.

Strong Buy: 3
Buy: 1
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BBDC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	10	11.3%
Analysts Target Price	10	11.3%
ValueRay Target Price	10.1	13.3%

BBDC Fundamental Data Overview November 15, 2025

Market Cap USD = 940.1m (940.1m USD * 1.0 USD.USD)
P/E Trailing = 9.3125
P/E Forward = 8.5251
P/S = 3.3538
P/B = 0.8066
Beta = 0.676
Revenue TTM = 177.7m USD
EBIT TTM = 81.0m USD
EBITDA TTM = 97.0m USD
Long Term Debt = unknown (none)
Short Term Debt = 542.5m USD (from shortTermDebt, two quarters ago)
Debt = 1.45b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 1.55b USD (from netDebt column, last quarter)
Enterprise Value = 2.32b USD (940.1m + Debt 1.45b - CCE 70.3m)
Interest Coverage Ratio = 0.95 (Ebit TTM 81.0m / Interest Expense TTM 85.0m)
FCF Yield = -7.71% (FCF TTM -178.8m / Enterprise Value 2.32b)
FCF Margin = -100.6% (FCF TTM -178.8m / Revenue TTM 177.7m)
Net Margin = 57.14% (Net Income TTM 101.5m / Revenue TTM 177.7m)
Gross Margin = 64.28% ((Revenue TTM 177.7m - Cost of Revenue TTM 63.5m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 51.62%)
Tobins Q-Ratio = 0.82 (Enterprise Value 2.32b / Total Assets 2.82b)
Interest Expense / Debt = 1.48% (Interest Expense 21.5m / Debt 1.45b)
Taxrate = 5.38% (1.34m / 24.9m)
NOPAT = 76.7m (EBIT 81.0m * (1 - 5.38%))
Current Ratio = 1.42 (Total Current Assets 41.5m / Total Current Liabilities 29.2m)
Debt / Equity = 1.24 (Debt 1.45b / totalStockholderEquity, last quarter 1.17b)
Debt / EBITDA = 15.97 (Net Debt 1.55b / EBITDA 97.0m)
Debt / FCF = -8.66 (negative FCF - burning cash) (Net Debt 1.55b / FCF TTM -178.8m)
Total Stockholder Equity = 1.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.60% (Net Income 101.5m / Total Assets 2.82b)
RoE = 8.60% (Net Income TTM 101.5m / Total Stockholder Equity 1.18b)
RoCE = 2.90% (EBIT 81.0m / Capital Employed (Total Assets 2.82b - Current Liab 29.2m))
RoIC = 2.82% (NOPAT 76.7m / Invested Capital 2.72b)
WACC = 4.06% (E(940.1m)/V(2.39b) * Re(8.16%) + D(1.45b)/V(2.39b) * Rd(1.48%) * (1-Tc(0.05)))
Discount Rate = 8.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.57%
Fair Price DCF = unknown (Cash Flow -178.8m)
EPS Correlation: -15.36 | EPS CAGR: -2.18% | SUE: 1.33 | # QB: 1
Revenue Correlation: -77.45 | Revenue CAGR: -26.93% | SUE: -0.47 | # QB: 0

Additional Sources for BBDC Stock

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