(MAIN) Main Street Capital - Ratings and Ratios
Debt, Equity, Growth-Capital, Mezzanine, Recapitalization
MAIN EPS (Earnings per Share)
MAIN Revenue
Description: MAIN Main Street Capital
Main Street Capital Corporation (NYSE:MAIN) is a business development company that specializes in providing private equity capital and debt financing to lower middle market companies. The firm focuses on investments in various industries, including air freight and logistics, healthcare, and technology, and provides one-stop financing alternatives to its portfolio companies.
As a business development company, MAINs investment strategy involves a mix of control and non-control equity investments, as well as debt capital for strategic acquisitions, management buyouts, and refinancing. This diversified approach allows the firm to partner with entrepreneurs and management teams, providing tailored financing solutions to support their growth and expansion plans.
From a financial perspective, MAIN has demonstrated strong performance, with a Return on Equity (RoE) of 18.96%. The companys dividend yield is also noteworthy, as it has a history of paying consistent dividends to its shareholders. Additionally, MAINs debt-to-equity ratio is relatively conservative, indicating a manageable level of leverage. Key Performance Indicators (KPIs) such as the investment income ratio, net investment income, and the portfolio companys debt-to-equity ratio can provide further insights into the companys financial health and investment performance.
With a market capitalization of $5.73 billion, MAIN is a sizable player in the business development company space. The companys stock price has shown a strong upward trend, with a 52-week high of $65.83 and a low of $43.57, indicating a potential for long-term growth. As a Trading Analyst, it is essential to monitor MAINs financial performance, investment portfolio, and industry trends to identify potential opportunities and risks.
MAIN Stock Overview
| Market Cap in USD | 5,928m |
| Sub-Industry | Asset Management & Custody Banks |
| IPO / Inception | 2007-10-05 |
MAIN Stock Ratings
| Growth Rating | 91.9% |
| Fundamental | 83.9% |
| Dividend Rating | 98.0% |
| Return 12m vs S&P 500 | 22.5% |
| Analyst Rating | 3.0 of 5 |
MAIN Dividends
| Dividend Yield 12m | 8.59% |
| Yield on Cost 5y | 25.20% |
| Annual Growth 5y | 12.76% |
| Payout Consistency | 97.7% |
| Payout Ratio | 26.5% |
MAIN Growth Ratios
| Growth Correlation 3m | 89.8% |
| Growth Correlation 12m | 79.9% |
| Growth Correlation 5y | 92.8% |
| CAGR 5y | 29.58% |
| CAGR/Max DD 3y | 1.41 |
| CAGR/Mean DD 3y | 10.82 |
| Sharpe Ratio 12m | 2.18 |
| Alpha | 30.78 |
| Beta | 0.757 |
| Volatility | 13.83% |
| Current Volume | 455.1k |
| Average Volume 20d | 446.7k |
| Stop Loss | 64.9 (-3.1%) |
| Signal | 0.60 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (506.8m TTM) > 0 and > 6% of Revenue (6% = 39.0m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA 1.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -22.88% (prev 9.16%; Δ -32.05pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 372.3m <= Net Income 506.8m (YES >=105%, WARN >=100%) |
| Net Debt (-87.0m) to EBITDA (430.3m) ratio: -0.20 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.37 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (89.3m) change vs 12m ago 3.56% (target <= -2.0% for YES) |
| Gross Margin 84.83% (prev 79.21%; Δ 5.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 12.69% (prev 10.36%; Δ 2.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 6.07 (EBITDA TTM 430.3m / Interest Expense TTM 131.2m) >= 6 (WARN >= 3) |
Altman Z'' 1.34
| (A) -0.03 = (Total Current Assets 87.0m - Total Current Liabilities 235.8m) / Total Assets 5.29b |
| (B) 0.09 = Retained Earnings (Balance) 453.5m / Total Assets 5.29b |
| (C) 0.16 = EBIT TTM 796.7m / Avg Total Assets 5.12b |
| (D) 0.19 = Book Value of Equity 454.4m / Total Liabilities 2.40b |
| Total Rating: 1.34 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 83.91
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 6.21% = 3.11 |
| 3. FCF Margin 58.09% = 7.50 |
| 4. Debt/Equity 0.08 = 2.50 |
| 5. Debt/Ebitda 0.56 = 2.26 |
| 6. ROIC - WACC 6.07% = 7.59 |
| 7. RoE 18.08% = 1.51 |
| 8. Rev. Trend 72.34% = 3.62 |
| 9. Rev. CAGR 32.48% = 2.50 |
| 10. EPS Trend 40.92% = 1.02 |
| 11. EPS CAGR 13.15% = 1.31 |
What is the price of MAIN shares?
Over the past week, the price has changed by +1.08%, over one month by +0.87%, over three months by +17.03% and over the past year by +45.86%.
Is Main Street Capital a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MAIN is around 82.61 USD . This means that MAIN is currently undervalued and has a potential upside of +23.34% (Margin of Safety).
Is MAIN a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MAIN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 62 | -7.4% |
| Analysts Target Price | 62 | -7.4% |
| ValueRay Target Price | 92.5 | 38.1% |
Last update: 2025-08-30 05:03
MAIN Fundamental Data Overview
CCE Cash And Equivalents = 87.0m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 10.903
P/E Forward = 15.0602
P/S = 10.6188
P/B = 2.0409
P/EG = 2.09
Beta = 0.854
Revenue TTM = 650.2m USD
EBIT TTM = 796.7m USD
EBITDA TTM = 430.3m USD
Long Term Debt = 90.1m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 150.3m USD (from shortTermDebt, last quarter)
Debt = 240.4m USD (Calculated: Short Term 150.3m + Long Term 90.1m)
Net Debt = -87.0m USD (from netDebt column, last quarter)
Enterprise Value = 6.08b USD (5.93b + Debt 240.4m - CCE 87.0m)
Interest Coverage Ratio = 6.07 (Ebit TTM 796.7m / Interest Expense TTM 131.2m)
FCF Yield = 6.21% (FCF TTM 377.7m / Enterprise Value 6.08b)
FCF Margin = 58.09% (FCF TTM 377.7m / Revenue TTM 650.2m)
Net Margin = 77.94% (Net Income TTM 506.8m / Revenue TTM 650.2m)
Gross Margin = 84.83% ((Revenue TTM 650.2m - Cost of Revenue TTM 98.7m) / Revenue TTM)
Tobins Q-Ratio = 13.38 (Enterprise Value 6.08b / Book Value Of Equity 454.4m)
Interest Expense / Debt = 13.53% (Interest Expense 32.5m / Debt 240.4m)
Taxrate = 5.69% (30.6m / 538.7m)
NOPAT = 751.4m (EBIT 796.7m * (1 - 5.69%))
Current Ratio = 0.37 (Total Current Assets 87.0m / Total Current Liabilities 235.8m)
Debt / Equity = 0.08 (Debt 240.4m / last Quarter total Stockholder Equity 2.88b)
Debt / EBITDA = 0.56 (Net Debt -87.0m / EBITDA 430.3m)
Debt / FCF = 0.64 (Debt 240.4m / FCF TTM 377.7m)
Total Stockholder Equity = 2.80b (last 4 quarters mean)
RoA = 9.58% (Net Income 506.8m, Total Assets 5.29b )
RoE = 18.08% (Net Income TTM 506.8m / Total Stockholder Equity 2.80b)
RoCE = 27.53% (Ebit 796.7m / (Equity 2.80b + L.T.Debt 90.1m))
RoIC = 15.02% (NOPAT 751.4m / Invested Capital 5.00b)
WACC = 8.95% (E(5.93b)/V(6.17b) * Re(8.80%)) + (D(240.4m)/V(6.17b) * Rd(13.53%) * (1-Tc(0.06)))
Shares Correlation 3-Years: 100.00 | Cagr: 1.59%
Discount Rate = 8.80% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 67.11% ; FCFE base≈340.8m ; Y1≈223.7m ; Y5≈102.3m
Fair Price DCF = 19.86 (DCF Value 1.78b / Shares Outstanding 89.4m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 72.34 | Revenue CAGR: 32.48%
Rev Growth-of-Growth: 16.74
EPS Correlation: 40.92 | EPS CAGR: 13.15%
EPS Growth-of-Growth: -24.84
Additional Sources for MAIN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle