GBDC

BEARISH

$12.58 Live

Golub Capital BDC, Inc. · NASDAQ

Target $14.32 (+13.8%)

$11.77 52W Range $15.63

GBDC Golub Capital BDC, Inc. - Fundamental Analysis

BEARISH

Console Chart News

GBDC Stock | Fundamental Analysis & Investment Insights

NASDAQ • Financial Services • Asset Management

Current Price Live

$12.58

Analyst Target

$14.32

+13.8% Upside

52W High

$15.63

52W Low

$11.77

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers Insiders

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 10, 2026

Market cap

$3.31B

P/E

10.06

ROE

8.3%

Profit margin

38.6%

Debt/Equity

1.25

Dividend yield

11.92%

AI Analysis

AI-powered fundamental assessment

Confidence

85%

GBDC presents as a classic value trap, characterized by a stable Piotroski F-Score of 4/9 but severely compromised by fundamental decay. While the stock trades at a discount to book value (P/B 0.85) and below its Graham Number ($20.43), these metrics are offset by a catastrophic earnings collapse (-41.20% YoY) and an unsustainable dividend payout ratio of 124.80%. The technical trend is completely bearish (0/100), and the company has failed to beat earnings estimates in the last four consecutive quarters, suggesting a systemic decline in portfolio performance.

Key Strengths

Trading at a discount to book value (P/B 0.85)

Strong operating margins (78.29%)

High current ratio (2.40) indicating short-term liquidity

Attractive nominal dividend yield of 11.92%

Low P/E ratio (10.06) relative to broader financial sector averages

Key Risks

Unsustainable payout ratio (124.80%) indicating dividend is not covered by earnings

Severe earnings contraction (-41.20% YoY)

Negative revenue growth (-6.20% YoY and -38.36% Q/Q)

Consistent failure to meet analyst earnings expectations (0/4 beats)

Bearish technical momentum (0/100 trend score)

AI Fair Value Estimate

Based on comprehensive analysis

$11.25

-10.6% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Moderate

Value

Future

Past

Health

Dividend

AI Verdict

Underperform

Key drivers: Dividend instability, Earnings collapse, Negative growth trajectory

Confidence

90%

Value

65/100

Ref P/E 10.06, Graham Number $20.43

Positives

P/B < 1.0
Price below Graham Number

Watchpoints

Intrinsic value ($8.75) is significantly below current price

Future

20/100

Ref Growth rates

Positives

No standout positives identified.

Watchpoints

YoY Earnings Growth -41.20%
Q/Q Revenue Growth -38.36%

Past

45/100

Ref Historical trends

Positives

Positive 5Y price change (+36.8%)

Watchpoints

Recent streak of earnings misses

Health

50/100

Ref Piotroski F-Score

Positives

Piotroski F-Score 4/9 (Stable)

Watchpoints

Debt/Equity 1.25

Dividend

25/100

Ref Yield, Payout

Positives

High yield (11.92%)

Watchpoints

Payout ratio 124.80% (Critical Risk)

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$12.58

Analyst Target

$14.32

Upside/Downside

+13.8%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for GBDC and closest competitors.

Updated 2026-04-09

Company	5Y	3Y	1Y	6M	1M	1W
GBDC Golub Capital BDC, Inc. Primary	+36.8%	+33.6%	-0.4%	-1.4%	+6.1%	-0.9%
AHL Aspen Insurance Holdings Limite Peer	+14.7%	+14.7%	+14.7%	+16.8%	+0.6%	-0.1%
BFH Bread Financial Holdings, Inc. Peer	+35.8%	+79.6%	+7.7%	+9.5%	-10.3%	-6.7%
BANC Banc of California, Inc. Peer	+24.0%	+31.3%	+30.2%	+33.3%	+1.3%	-4.2%
BKU BankUnited, Inc. Peer	+51.1%	+53.0%	+23.4%	+25.7%	+6.1%	+1.2%

GBD

Golub Capital BDC, Inc.

Primary

+36.8%

+33.6%

-0.4%

-1.4%

+6.1%

-0.9%

AHL

Aspen Insurance Holdings Limite

Peer

+14.7%

+16.8%

+0.6%

-0.1%

BFH

Bread Financial Holdings, Inc.

Peer

+35.8%

+79.6%

+7.7%

+9.5%

-10.3%

-6.7%

BAN

Banc of California, Inc.

Peer

+24.0%

+31.3%

+30.2%

+33.3%

+1.3%

-4.2%

BKU

BankUnited, Inc.

Peer

+51.1%

+53.0%

+23.4%

+25.7%

+6.1%

+1.2%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

10.06

9.71

N/A

0.85

3.86

9.45

N/A

$3.31B

Profitability

Profit margins and return metrics

Profit Margin 38.57%

Operating Margin 78.29%

Gross Margin 100.0%

ROE 8.34%

ROA 4.7%

Growth

Revenue and earnings growth rates

Revenue Growth -6.2%

Earnings Growth -41.2%

Q/Q Revenue Growth -38.36%

Q/Q Earnings Growth -41.4%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

1.25

Moderate

Current Ratio

2.4

Strong

Quick Ratio

1.64

Excellent

Cash/Share

$0.36

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue

$0.1B

Net Margin

89.1%

Total Assets

$8.9B

Liabilities

$5.0B

Equity

$3.9B

Debt/Equity

1.28x

Operating CF

$0.2B

Free Cash Flow

$0.2B

FCF Yield

100%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-04

$N/A

2026-02-04

$0.37

-1.6% surprise

2025-11-18

$0.38

-1.0% surprise

2025-08-04

$0.38

-0.5% surprise

Financial Services Sector Comparison

Comparing GBDC against 362 companies in the Financial Services sector (63 bullish, 158 neutral, 141 bearish)

P/E Ratio

10.06

This Stock

52.08

Sector Avg

-80.7% (Discount)

Return on Equity (ROE)

8.34%

This Stock

-0.05%

Sector Avg

-16056.7% (Below Avg)

Profit Margin

38.57%

This Stock

66.07%

Sector Avg

-41.6% (Weaker)

Debt to Equity

1.25

This Stock

1.34

Sector Avg

-7.1% (Lower)

Revenue Growth

-6.2%

This Stock

43.38%

Sector Avg

-114.3% (Slower)

Current Ratio

2.4

This Stock

3.16

Sector Avg

-24.0% (Weaker)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
GBDC Golub Capital BDC, Inc.	BEARISH	$3.31B	10.06	8.3%	38.6%	$12.58
AHL Aspen Insurance Holdings Limite	BEARISH	$3.42B	5.48	14.0%	14.2%	$37.26	Compare
BFH Bread Financial Holdings, Inc.	NEUTRAL	$3.14B	7.19	14.8%	18.8%	$68.78	Compare
BANC Banc of California, Inc.	NEUTRAL	$3.1B	17.79	6.0%	20.4%	$19.92	Compare
BKU BankUnited, Inc.	NEUTRAL	$3.58B	14.22	9.1%	26.2%	$47.64	Compare

GBDC Golub Capital BDC, Inc.

BEARISH

Mkt Cap

$3.3B

P/E

10.1

ROE

8.3%

Price

$12.58

Compare with GBDC

Compare with GBDC

Compare with GBDC

Compare with GBDC

Wall Street Analysts

Professional analyst ratings and price targets

Consensus

NONE

5 analysts

Wells Fargo

2026-02-06

Maintains

Overweight Overweight

Keefe, Bruyette & Woods

2026-02-06

Maintains

Outperform Outperform

Wells Fargo

2026-01-07

Equal-Weight Overweight

Keefe, Bruyette & Woods

2025-11-21

Maintains

Outperform Outperform

Past News Coverage

Recent headlines mentioning GBDC from our newsroom.

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GBDC

GBDC Golub Capital BDC, Inc. - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Quarterly Earnings History

Financial Services Sector Comparison

Similar Companies

Wall Street Analysts

Past News Coverage

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