TriplePoint Venture Growth BDC Corp. TPVG
- Market cap
- $195.8M
- P/E
- 4.9×
Follow TPVG
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8.83 | 11.88 | 10.25 | 10.75 | 2.80 | 12.74 | 10.27 | 9.13 | 6.44 | 5.24 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 13.10 | 14.41 | 13.95 | 17.17 | 14.50 | 19.25 | 18.31 | 12.87 | 11.58 | 8.20 |
High Price
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| — | — | — | — | — | — | — | — | — | — | Employees | |||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 44 | 52 | 65 | 73 | 91 | 87 | 119 | 137 | 109 | 91 |
Revenue
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|||
| 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin
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| 23 | 26 | 35 | 38 | 48 | 41 | 64 | 74 | 55 | 42 |
EBT
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| 52.74% | 50.99% | 54.12% | 52.13% | 52.48% | 47.03% | 53.22% | 53.68% | 50.21% | 46.48% |
EBT Margin
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| 11 | 19 | 37 | 32 | 35 | 77 | (20) | (40) | 32 | 49 |
Net Income
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| (1) | (1) | 5 | (2) | (2) | (5) | (8) | 0 | (3) | (2) |
Depreciation
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| 2.70 | 3.16 | 3.16 | 2.95 | 2.98 | 2.82 | 3.65 | 3.85 | 2.78 | 2.26 |
Revenue/Sh
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| 0.69 | 1.18 | 1.78 | 1.28 | 1.16 | 2.47 | (0.61) | (1.12) | 0.82 | 1.22 |
Earnings/Sh
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|||
| (5.69) | 1.54 | (0.87) | (7.55) | 2.08 | (4.68) | (3.09) | 2.97 | 3.91 | (1.42) |
Cash Flow/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex/Sh
|
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| (5.69) | 1.54 | (0.87) | (7.55) | 2.08 | (4.68) | (3.09) | 2.97 | 3.91 | (1.42) |
Free CF/Sh
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| 13.36 | 14.39 | 16.33 | 13.38 | 13.10 | 14.04 | 12.85 | 9.70 | 8.84 | 8.78 |
Book Value/Sh
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|||
| 16 | 16 | 20 | 25 | 31 | 31 | 33 | 36 | 39 | 40 |
Shares
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| 17.37 | 10.77 | 6.05 | 11.02 | 11.44 | 7.24 | 0.00 | 0.00 | 9.00 | 5.32 |
PE Ratio
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| 4.50 | 4.06 | 3.45 | 4.81 | 4.37 | 6.36 | 2.97 | 2.87 | 2.66 | 2.90 |
PS Ratio
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| 0.91 | 0.89 | 0.67 | 1.06 | 1.00 | 1.28 | 0.84 | 1.14 | 0.83 | 0.74 |
PB Ratio
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| 6.78 | 5.17 | 3.65 | 8.03 | 5.18 | 7.97 | 3.94 | 3.19 | 1.98 | 3.42 |
EV/Sales
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| (3.22) | 10.61 | (13.25) | (3.14) | 7.41 | (4.81) | (4.66) | 4.13 | 1.40 | (5.45) |
EV/FCF
|
|||
| (92) | 25 | (18) | (188) | 64 | (145) | (101) | 106 | 153 | (57) |
Op' Cash Flow
|
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| — | — | — | — | — | — | — | — | — | — | Capex | |||
| (92) | 25 | (18) | (188) | 64 | (145) | (101) | 106 | 153 | (57) |
FCF
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| (158) | (137) | (99) | (321) | (230) | (431) | (529) | (456) | (331) | (430) |
Working Cap'
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| 115 | 67 | 23 | 262 | 118 | 200 | 175 | 215 | 5 | 95 |
Total Debt
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| 100 | 57 | 13 | 236 | 73 | 141 | 116 | 43 | (74) | 48 |
Net Debt
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| 216 | 235 | 335 | 333 | 400 | 434 | 420 | 346 | 346 | 354 |
Sh' Equity
|
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| 2.73% | 4.07% | 7.48% | 5.52% | 5.16% | 9.50% | (2.07%) | (4.00%) | 3.68% | 6.14% |
ROA
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| 4.56% | 5.62% | 6.29% | 4.21% | 6.31% | 4.47% | 7.42% | 11.84% | 12.54% | 6.58% |
ROIC
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| 4.97% | 8.53% | 12.84% | 9.52% | 9.63% | 18.34% | (4.70%) | (10.39%) | 9.26% | 14.07% |
ROE
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TriplePoint Venture Growth BDC Corp. peers in Asset Management
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|---|---|---|---|
| DFDV DeFi Development Corp. | $189.5M | 0.0× | Compare |
| WHG Westwood Holdings Group Inc | $180.4M | 20.5× | Compare |
| NSLR Neostellar Capital Corp. | $212.6M | 1.6× | Compare |
| SPMC Sound Point Meridian Capital, Inc. | $179.0M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| HSDT Solana Company | $175.6M | 0.0× | Compare |
| PNNT PennantPark Investment Corporation | $218.7M | 21.4× | Compare |
| SCM Stellus Capital Investment Corporation | $219.3M | 7.5× | Compare |
| LIEN Chicago Atlantic BDC, Inc. | $235.3M | 7.2× | Compare |
TriplePoint Venture Growth BDC Corp. (TPVG) key facts
- TriplePoint Venture Growth BDC Corp. (TPVG) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
- TriplePoint Venture Growth BDC Corp.’s revenue for fiscal 2025 (year ended December 2025) was $90.9 million, down 16.3% from fiscal 2024.
- Net income was $49.2 million, or $1.22 per share (basic), a net margin of 54.1%.
- As of September 25, 2026, TPVG traded at $4.83, a market capitalization of $195.8 million.
- At that price the stock trades at 4.9× trailing-twelve-month earnings and 2.2× sales.
- TriplePoint Venture Growth BDC Corp. pays an annual dividend of $1.60 per share, a yield of 14.7%.
- Return on equity was 14.1% and debt-to-equity 0.55.
TriplePoint Venture Growth BDC Corp. (TPVG) Latest News
21 Sep
TriplePoint Capital announced a management transition. Co-Founder and Co-CEO Sajal Srivastava will depart at year-end 2026; Jim Labe will become sole CEO of TriplePoint Capital. Ian Schworer, a 12-year TriplePoint veteran and former Chief Credit Officer, is appointed Chief Investment Officer of TriplePoint Capital. Srivastava will also step down as President and Chief Investment Officer of TriplePoint Venture Growth BDC Corp. (TPVG) and TriplePoint Private Venture Credit Inc. (TPVC) at year-end but will remain a director. Schworer will assume CIO roles for TPVG and TPVC after year-end. The press release emphasizes continued execution of TriplePoint’s global, growth-stage lending and equity activities; TriplePoint reports over $15 billion in commitments to more than 1,000 companies and more than 50 financing transactions in H1 2026. Internal succession with an insider promoted to CIO indicates continuity but could modestly affect strategy and investor sentiment.
9 Aug
TriplePoint Venture Growth BDC Corp. held its Q2 earnings call, covering portfolio performance, investment activity, net investment income, and forward outlook for venture lending operations. Q2 earnings call details provide moderate insight into near-term income and portfolio trends without indicating major strategic shifts.
6 Aug
TPVG's Q2 2026 earnings call highlighted strategic initiatives to expand venture debt portfolio and improve returns amid shifting market conditions. Strategic earnings details point to moderate operational shifts with limited but noticeable effects on financial trajectory.
TriplePoint Venture Growth BDC Corp. (TPVG) reported disappointing Q2 earnings and revenue figures, falling short of analysts' expectations. The company's financial performance has raised concerns among investors, leading to a decline in stock value. Despite the challenges, TPVG continues to focus on its investment strategy and portfolio management to navigate the current market environment. Earnings and revenue misses can moderately influence investor sentiment and financial performance.
TriplePoint Venture Growth BDC Corp. reported its Q2 earnings, highlighting key financial metrics and performance indicators. The company demonstrated growth in its investment portfolio and maintained a strong balance sheet. Management provided insights into market conditions and strategic initiatives aimed at enhancing shareholder value. Overall, the earnings report reflects a positive outlook for the company amidst a competitive landscape. The earnings report indicates moderate growth and strategic initiatives that may influence financial performance.
TriplePoint Venture Growth BDC Corp. reported its financial results for the second quarter of 2025, highlighting key metrics such as revenue, net income, and portfolio performance. The company continues to focus on providing financing solutions to growth-stage companies, with a strong emphasis on maintaining a diversified investment portfolio. Management expressed optimism about future growth opportunities and the overall market environment for venture capital investments. The financial results indicate stable performance and potential for growth, but do not suggest any major shifts in strategy or market dynamics.
5 Aug
TriplePoint Venture Growth BDC Corp. (TPVG) missed its Q2 earnings and revenue estimates. Missing quarterly estimates typically pressures near-term stock price and investor sentiment without altering long-term operations.
TriplePoint Venture Growth BDC Corp. announced second quarter 2026 financial results. Quarterly earnings releases typically produce moderate short-term effects on share price and investor views.
7 May
TriplePoint Venture Growth BDC Corp. (TPVG) reported a net increase in net assets of $12.7 million, or $0.32 per share, for Q1 2025, alongside a declared distribution of $0.30 per share for Q2 2025. The company signed $315.4 million in term sheets and closed $76.5 million in new debt commitments, with a portfolio yield of 14.4%. TPVG's net asset value rose to $347.0 million, or $8.62 per share. The company maintained strong liquidity of $336.7 million and received a reaffirmed investment grade rating from DBRS, Inc. The board declared a total of $16.65 per share in distributions since its IPO. The significant increase in net assets and strong liquidity position indicate a positive trajectory for future performance.
TPVG held Q1 2026 earnings call detailing quarterly financial results, net investment income, portfolio valuation changes and venture growth investment activity. Quarterly earnings data typically drive moderate short-term price moves and investor sentiment for BDC stocks.
TriplePoint Venture Growth (TPVG) reported Q1 earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 and down from $0.41 a year ago. Revenues of $22.45 million also fell short of expectations by 7.90%, compared to $29.27 million a year prior. The company has surpassed consensus EPS estimates only once in the last four quarters and currently holds a Zacks Rank #4 (Sell), indicating expected underperformance. The outlook for the industry is weak, with the Financial - SBIC & Commercial Industry ranking in the bottom 37% of Zacks industries. Current consensus estimates for the next quarter are $0.30 EPS on $24.67 million in revenues. BlackRock TCP (TCPC), a peer in the industry, is set to report results soon. Earnings and revenue misses indicate potential challenges in financial performance and market sentiment.
6 May
TriplePoint Venture Growth BDC Corp. announced first quarter 2026 financial results, reporting key metrics on investment portfolio, net investment income, NAV per share, and dividend declarations. Quarterly financial results for BDCs like TPVG significantly influence stock price, investor sentiment, NAV adjustments, and dividend sustainability.
TriplePoint Venture Growth BDC Corp. (TPVG) missed Q1 earnings and revenue estimates. Q1 earnings and revenue misses will moderately affect TPVG's financial performance and investor sentiment.
6 Apr
Morningstar DBRS confirmed TriplePoint Venture Growth BDC Corp. (TPVG)'s investment grade rating and stable outlook. Rating confirmation bolsters TPVG's credibility and investor confidence without indicating major changes.
5 Mar
TriplePoint Venture Growth BDC Corp (TPVG) reported record debt investments in Q4 2025 earnings call, alongside strong portfolio growth and positive financial highlights. Record debt achievements signal major growth in core lending operations, significantly enhancing TPVG's financial trajectory and market sentiment.
4 Mar
TriplePoint Venture Growth BDC Corp. (TPVG) released Q4 earnings call highlights covering financial performance, portfolio updates, and future outlook. Q4 earnings highlights disclose key financial metrics and strategic insights significantly impacting TPVG's trajectory and investor sentiment.
TriplePoint Venture Growth BDC Corp. (TPVG) missed Q4 earnings and revenue estimates. Missing Q4 earnings and revenue estimates directly undermines financial performance and investor confidence in TPVG's trajectory.
TriplePoint Venture Growth BDC Corp. announced fourth quarter and fiscal year 2025 financial results. Financial results announcements directly impact TPVG's valuation, dividends, and investor sentiment.
TriplePoint Venture Growth BDC Corp. (TPVG) released Q4 earnings snapshot highlighting financial performance for the quarter. Q4 earnings snapshot affects financial performance and investor sentiment but is balanced by broader market factors.
1 Dec
TriplePoint Venture Growth BDC Corp. has successfully amended and extended its revolving credit facility under favorable terms, enhancing its financial flexibility and liquidity. This move is expected to support the company's growth initiatives and investment strategies moving forward. The amendment and extension of the credit facility significantly improve financial flexibility, which can positively impact future growth and investor sentiment.
6 Nov
TriplePoint Venture Growth BDC Corp. (TPVG) reported record debt levels in its Q3 2025 earnings call, highlighting strong demand for its financing solutions. The company emphasized its strategic focus on supporting growth-stage companies and maintaining a robust portfolio. Management discussed the positive outlook for future investments and the potential for continued revenue growth, despite market challenges. The earnings call also addressed operational efficiencies and risk management strategies to navigate the evolving economic landscape. Record debt levels and a strong demand for financing solutions indicate significant strategic moves that could alter the company's trajectory.
5 Nov
TriplePoint Venture Growth BDC Corp. reported its Q3 earnings, showcasing a solid performance with increased revenue and net investment income. The company highlighted its strategic focus on supporting growth-stage companies and maintaining a diversified portfolio. Key metrics indicated positive trends, with a notable rise in total assets and a stable dividend payout. Management expressed optimism about future growth opportunities in the venture capital space, despite potential market challenges. The earnings report indicates significant growth and strategic positioning that could alter investor sentiment and future performance.
TriplePoint Venture Growth BDC Corp. (TPVG) reported Q3 earnings and revenues that fell short of analysts' expectations, raising concerns about its financial performance and future growth prospects. The company attributed the underperformance to various factors, including market conditions and investment challenges. Investors reacted negatively, reflecting uncertainty about TPVG's ability to meet future targets and maintain its competitive position in the venture growth sector. Earnings and revenue misses can moderately influence investor sentiment and financial performance, but the overall impact is expected to be limited.
TriplePoint Venture Growth BDC Corp. reported its financial results for the third quarter of 2025, highlighting key metrics such as revenue, net income, and investment performance. The company continues to focus on providing growth capital to venture-backed companies, showcasing its strategic initiatives and market positioning. Management expressed optimism about future growth opportunities and the overall health of its investment portfolio. The financial results indicate moderate performance that may influence investor sentiment and operational aspects but are not expected to drastically change the company's trajectory.
29 Oct
TriplePoint Venture Growth BDC Corp. (TPVG) is currently perceived as undervalued by investors, with analysts suggesting that its stock price does not reflect its strong fundamentals and growth potential. The company has been actively investing in venture capital-backed companies, which positions it well for future growth. Market conditions and investor sentiment may be contributing to the current undervaluation, presenting a potential opportunity for investors looking for value in the BDC sector. Current market sentiment and valuation concerns may moderately influence TPVG's financial performance and investor interest.
14 Oct
TriplePoint Venture Growth BDC Corp. has announced a fourth quarter 2025 distribution of $0.23 per share, along with a supplemental distribution of $0.02 per share. This decision reflects the company's ongoing commitment to returning value to its shareholders. The announced distributions may positively influence investor sentiment and financial performance, but the overall impact is expected to be limited.
13 Oct
TriplePoint Venture Growth BDC Corp. (TPVG) is currently being evaluated for potential undervaluation in the market. Analysts are examining its financial performance, investment strategies, and market conditions to determine if the stock presents a buying opportunity. Factors such as interest rates, venture capital trends, and the company's portfolio performance are influencing investor sentiment. The overall outlook suggests that TPVG may be positioned for growth, attracting attention from investors seeking value in the current market environment. Current market evaluations indicate a moderate potential for influence on TPVG's financial performance and investor sentiment.
30 May
TriplePoint Venture Growth BDC Corp. (TPVG) faces potential challenges due to rising interest rates and a slowing economy, which could impact its ability to generate returns. The company's focus on venture debt may expose it to higher risks as startups struggle to secure funding. Additionally, competition in the venture capital space is intensifying, potentially affecting TPVG's market position and profitability. Investors are advised to consider these factors when evaluating the company's future prospects. Rising interest rates and economic slowdown may moderately influence TPVG's financial performance and competitive positioning.
12 May
Implied volatility for TriplePoint Venture Growth BDC Corp. (TPVG) stock options has surged, indicating increased investor uncertainty and expectations of significant price movements in the near future. This spike in volatility often reflects heightened market activity and can influence trading strategies among investors. Analysts suggest that such fluctuations may be tied to broader market trends or specific developments within the company. Increased implied volatility suggests potential short-term market movements that could affect investor sentiment and trading strategies.
8 Apr
TriplePoint Venture Growth BDC Corp. (TPVG) announced that DBRS, Inc. has confirmed its investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low) with a Stable outlook. CFO Mike L. Wilhelms expressed satisfaction with the reaffirmation, highlighting the company's strong liquidity and financial flexibility to pursue growth opportunities. The rating reflects TPVG's solid franchise, improved leverage profile, return to profitability in 2024, and resilient funding. The stable trend indicates expectations for portfolio growth and improved earnings driven by sector rotation. The confirmation of an investment grade rating and stable outlook is likely to significantly enhance investor confidence and support future growth initiatives.