US · BBDC
Barings BDC, Inc.
- Sector
- Financial Services · Financial - Credit Services
- Headquarters
- Charlotte, NC 28202
- Website
- barings.com
Price · as of 2025-12-31
$9.23
Market cap 887.54M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $27.26 | +195.34% |
| Intrinsic Value(DCF) | $3.43 | -62.84% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $25.50 | +176.22% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $4.83 | $24.78 | $90,734.38 | $6.78 | $430.69 |
| 2012 | $7.86 | $23.70 | $0.00 | $0.00 | $78.42 |
| 2013 | $7.71 | $116.68 | $0.00 | $0.03 | $57.18 |
| 2014 | $7.32 | $98.62 | $1.86 | $0.00 | $10.84 |
| 2015 | $6.56 | $41.17 | $0.00 | $0.00 | $33.75 |
| 2016 | $7.07 | $26.88 | $1.87 | $0.00 | $2.07 |
| 2017 | $5.17 | $42.78 | $3.93 | $0.00 | $0.00 |
| 2018 | $5.11 | $735.56 | $8.50 | $0.00 | $57.62 |
| 2019 | $5.40 | $8,420.44 | $4.02 | $9.12 | $3.00 |
| 2020 | $5.96 | $1,390.10 | $10.03 | $5.95 | $0.00 |
| 2021 | $6.63 | $4,284.60 | $0.00 | $5.01 | $264.51 |
| 2022 | $5.44 | $30.64 | $0.00 | $0.00 | $3.98 |
| 2023 | $7.69 | $24.64 | $0.00 | $1.88 | $46.32 |
| 2024 | $8.60 | $20.93 | $0.00 | $0.86 | $0.00 |
| 2025 | $8.58 | $27.26 | $0.00 | $0.00 | $25.50 |
AI valuation
Our deep-learning model estimates Barings BDC, Inc.'s (BBDC) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $27.26
- Current price
- $9.23
- AI upside
- +195.34%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$3.43
-62.84% upside
Graham-Dodd
—
— upside
Graham Formula
$25.50
+176.22% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| BBDC | Barings BDC, Inc. | $9.23 | 887.54M | +195% | -63% | — | +176% | 7.66 | 0.78 | 3.63 | 11.87 | — | 0.78 | 74.00% | 85.18% | 40.96% | 10.02% | 8.03% | 4.42% | 1.23 | 2.49 | 3.62 | 2.38 | 7.14 | -673.00% | 1900.00% | 3623.00% | 17.79% | 3.54 | 6.31% | 13.88% | 106.30% | 15.61% | 10.69 | 14.11 | 9.10 | 0.41 |
| ATLC | Atlanticus Holdings Corpo… | $52.31 | 792.05M | +256% | +398% | -14% | +371% | 6.10 | 1.38 | 1.48 | 19.54 | 48.83 | 1.38 | 61.59% | 30.15% | 24.22% | 25.08% | 4.68% | 3.72% | 5.08 | 0.87 | 5.21 | 5.21 | 14.81 | 1250.00% | 2568.00% | 270.00% | 68.84% | 6.51 | 19.88% | 3.79% | 23.10% | 11.54% | 20.27 | 6.01 | 6.11 | 0.71 |
| BCSF | Bain Capital Specialty Fi… | $12.91 | 837.45M | +132% | -53% | -97% | -16% | 8.25 | 0.86 | 4.63 | 18.75 | — | 0.86 | 64.92% | 58.20% | 56.10% | 10.49% | 4.96% | 4.68% | 1.22 | 1.66 | 1.92 | 1.33 | 10.79 | -314.00% | -235.00% | -1055.00% | 11.42% | 1.10 | 4.67% | 11.59% | 95.70% | 11.59% | 18.75 | 20.63 | 10.91 | 0.66 |
| CGBD | Carlyle Secured Lending, … | $11.12 | 810.68M | +429% | -60% | +65% | +134% | 445.34 | 0.65 | 3.82 | 13.38 | — | 0.65 | 70.90% | 86.18% | 35.38% | 0.16% | 7.43% | 0.07% | 1.31 | 1.94 | — | — | 8.80 | -3608.00% | 1790.00% | -29619.00% | -27.07% | — | -9.16% | 2.44% | 1084.50% | 4.27% | 12.97 | -10.81 | 11.18 | 0.50 |
| EZPW | EZCORP, Inc. | $26.53 | 1.56B | +86% | -2% | -18% | +26% | 10.56 | 1.13 | 0.91 | 7.18 | 36.30 | 1.80 | 58.55% | 11.71% | 8.60% | 11.98% | 8.84% | 6.36% | 0.75 | 6.48 | 5.61 | 4.33 | 1.46 | 2909.00% | 970.00% | 4187.00% | 9.54% | 0.74 | 8.76% | 0.00% | 0.00% | 9.41% | 9.73 | 13.15 | 1.14 | 2.66 |
| JCAP | Jefferson Capital, Inc. C… | $20.63 | 1.2B | — | — | -74% | +258% | — | — | — | — | — | — | 71.17% | 50.84% | 24.30% | 39.22% | 13.07% | 9.31% | 3.12 | — | 20.16 | 20.13 | 7.33 | -524.00% | 3412.00% | 3614.00% | — | 2.18 | 12.59% | — | 27.90% | — | — | — | — | — |
| KBDC | Kayne Anderson BDC, Inc. | $13.42 | 917.87M | +127% | -57% | -63% | +574% | 7.03 | 0.78 | 5.11 | 13.21 | 9.50 | 0.78 | 68.17% | 73.07% | 72.67% | 14.12% | 7.91% | 7.53% | 0.71 | 2.30 | 1.33 | 1.33 | 6.22 | 7395.00% | 3713.00% | 3153.00% | 11.33% | 3.70 | 6.29% | 10.98% | 77.10% | 10.98% | 13.21 | 16.69 | 9.65 | 0.95 |
| NRDS | NerdWallet, Inc. | $10.85 | 806.14M | +341% | +473% | -39% | +74% | 16.90 | 2.20 | 0.98 | 6.25 | 26.37 | 3.59 | 92.39% | 8.32% | 5.82% | 13.19% | 17.11% | 10.84% | 0.00 | 116.00 | 3.45 | 2.95 | -0.85 | 6410.00% | 2167.00% | 8301.00% | 15.83% | 1.86 | 44.87% | 0.00% | 0.00% | 13.50% | 10.42 | 5.56 | 0.87 | 7.90 |
| PFLT | PennantPark Floating Rate… | $8.16 | 809.62M | +259% | -31% | — | -10% | 12.84 | 0.79 | 4.97 | 37.13 | — | 0.79 | 45.65% | 39.35% | 38.69% | 6.80% | 2.84% | 2.64% | 1.65 | 0.72 | 2.94 | 2.98 | 24.51 | -4857.00% | 220.00% | -11186.00% | 11.16% | 2.05 | 4.07% | 13.10% | 168.10% | 13.10% | 37.13 | 26.37 | 14.61 | 0.38 |
About Barings BDC, Inc.
Barings BDC, Inc. (NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. Barings BDC, Inc. Barings BDC, Inc. was incorporated on October 10, 2006 and is based in Charlotte, North Carolina with an additional office in Raleigh, North Carolina.
- CEO
- Thomas McDonnell
- Employees
- 2
- Beta
- 0.65
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($3.43 ÷ $9.23) − 1 = -62.84% (DCF, example).