BIT Stock Analysis: Blackrock Multi Sector | NYSE
Asset Management | NYSE, USA | Market Cap: 640m USD | 12M Return: -5.3% | US09258A1079 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.36M
Qual. Beats: -2
Rev. Trend: 91.1%
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
BlackRock Multi-Sector Income Trust (BIT) is a U.S.-domiciled closed-end fund launched by BlackRock, Inc. on February 25, 2013. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited, and it operates within the fixed income markets. Its primary investment focus is on loan and debt instruments, along with other securities exhibiting similar economic characteristics.
As a closed-end fund listed on the NYSE under the ticker BIT, the trust combines features of a mutual fund with those of an exchange-traded stock, trading on the open market with a share price that can diverge from its net asset value. It sits within the asset management sub-industry of the financials sector, reflecting BlackRocks broader role as one of the worlds largest investment management firms. The fund offers investors diversified exposure to multiple fixed income segments through a single vehicle.
- Surging rate volatility drives loan fund inflows
- Federal Reserve rate pause pressures closed-end fund discounts
- Rising leveraged loan defaults erode multi-sector income returns
| Net Income: 36.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.11 > 1.0 |
| NWC/Revenue: -605.4% < 20% (prev -56.32%; Δ -549.1% < -1%) |
| CFO/TA 0.03 > 3% & CFO 31.2m > Net Income 36.0m |
| Net Debt (441.1m) to EBITDA (49.2m): 8.96 < 3 |
| Current Ratio: 0.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (57.1m) vs 12m ago 43.82% < -2% |
| Gross Margin: 86.73% > 18% (prev 83.67%; Δ 3.06% > 0.5%) |
| Asset Turnover: 6.37% > 50% (prev 4.78%; Δ 1.58% > 0%) |
| Interest Coverage Ratio: 3.66 > 6 (EBIT TTM 49.2m / Interest Expense TTM 13.4m) |
| A: -0.34 (Total Current Assets 30.3m - Total Current Liabilities 447.9m) / Total Assets 1.23b |
| B: -0.07 (Retained Earnings -86.8m / Total Assets 1.23b) |
| C: 0.05 (EBIT TTM 49.2m / Avg Total Assets 1.08b) |
| D: 1.62 (Book Value of Equity 758.7m / Total Liabilities 469.0m) |
| Altman-Z'' = -0.46 = B |
As of October 07, 2026, the stock is trading at USD 11.24 with a total of 842,942 shares traded. Over the past week, the price has changed by +0.27%, over one month by -4.45%, over three months by -7.63% and over the past year by -5.33%.
Current recommended Stop Loss: 11.00 (which is 2.1% or 1.8 ATR below the current price).
Blackrock Multi Sector has no consensus analysts rating.
P/E Trailing = 20.0179
P/S = 18.2476
P/B = 0.8476
Revenue TTM = 69.0m USD
EBIT TTM = 49.2m USD
EBITDA TTM = 49.2m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 447.9m USD (from shortTermDebt, last quarter)
Debt = 447.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 441.1m USD (calculated: Debt 447.9m - CCE 6.81m)
Enterprise Value = 1.08b USD (639.7m + Debt 447.9m - CCE 6.81m)
Interest Coverage Ratio = 3.66 (Ebit TTM 49.2m / Interest Expense TTM 13.4m)
EV/FCF = 34.66x (Enterprise Value 1.08b / FCF TTM 31.2m)
FCF Yield = 2.89% (FCF TTM 31.2m / Enterprise Value 1.08b)
FCF Margin = 45.21% (FCF TTM 31.2m / Revenue TTM 69.0m)
Net Margin = 52.12% (Net Income TTM 36.0m / Revenue TTM 69.0m)
Gross Margin = 86.73% ((Revenue TTM 69.0m - Cost of Revenue TTM 9.16m) / Revenue TTM)
Gross Margin QoQ = 87.42% (prev 85.83%)
Tobins Q-Ratio = 0.88 (Enterprise Value 1.08b / Total Assets 1.23b)
Interest Expense / Debt = 3.00% (Interest Expense 13.4m / Debt 447.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 38.9m (EBIT 49.2m * (1 - 21.00%))
Current Ratio = 0.07 (Total Current Assets 30.3m / Total Current Liabilities 447.9m)
Debt / Equity = 0.59 (Debt 447.9m / totalStockholderEquity, last quarter 758.7m)
Debt / EBITDA = 8.96 (Net Debt 441.1m / EBITDA 49.2m)
Debt / FCF = 14.14 (Net Debt 441.1m / FCF TTM 31.2m)
Total Stockholder Equity = 683.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.32% (Net Income 36.0m / Total Assets 1.23b)
RoE = 5.26% (Net Income TTM 36.0m / Total Stockholder Equity 683.5m)
RoCE = 7.20% (EBIT 49.2m / Capital Employed (Equity 683.5m + L.T.Debt 0.0))
RoIC = 3.18% (NOPAT 38.9m / Invested Capital 1.22b)
WACC = 5.10% (E(639.7m)/V(1.09b) * Re(7.01%) + D(447.9m)/V(1.09b) * Rd(3.00%) * (1-Tc(0.21)))
Discount Rate = 7.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.81 | Cagr: 20.25%
[DCF] Terminal Value 74.11% ; FCFF base≈32.4m ; Y1≈30.1m ; Y5≈27.2m
[DCF] Fair Price = N/A (negative equity: EV 430.8m - Net Debt 441.1m = -10.3m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.24 | # QB: -2
Revenue Correlation: 91.14 | Revenue CAGR: 64.09% | SUE: N/A | # QB: 0