Ares Capital Corporation (ARCC) vs SEI Investments Company (SEIC)

Ares Capital Corporation and SEI Investments Company are both Asset Management companies. Ares Capital Corporation and SEI Investments Company are of similar size ($13.6B and $12.6B). Ares Capital Corporation trades at the lower P/E: 13.9× against 18.0×. SEI Investments Company grew revenue faster over the last twelve months: 11.1% against 3.16%. Ares Capital Corporation has the higher net margin (30.9% vs 28.9%) and the lower return on invested capital (3.24% vs 19.3%). Both pay a dividend; Ares Capital Corporation yields more (10.3% vs 1.00%). Across the 19 metrics below, SEI Investments Company leads on 10 and Ares Capital Corporation on 9.

Valuation

Metric ARCC SEIC Asset Management median
P/E 13.87 18.00 13.99
P/S 4.33 5.13 2.76
P/B 0.97 4.95 0.85
Price to free cash flow n/m 18.97 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.21% 5.56% 4.72%
Free cash flow yield (5.06%) 5.27% 4.44%

Profitability

Metric ARCC SEIC Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 75.76% 28.90% 33.42%
Net margin 30.91% 28.85% 13.37%
Free cash flow margin (21.89%) 27.03% 12.36%
Return on equity 6.88% 29.00% 4.79%
Return on assets 3.22% 23.76% 1.55%
Return on invested capital 3.24% 19.29% 2.97%

Growth

Metric ARCC SEIC Asset Management median
Revenue growth (TTM) 3.16% 11.10% 7.42%
EPS growth (last fiscal year) (23.77%) 27.66% (6.67%)
Revenue growth, 5-year CAGR 15.10% 6.41% 12.51%
Net income growth, 5-year CAGR 21.83% 9.85% 0.00%

Health

Metric ARCC SEIC Asset Management median
Debt to equity 1.14 0.06 0.44
Current ratio 1.28 5.06 1.30
Net debt to EBITDA 6.59 (0.41) 1.02

Dividend

Metric ARCC SEIC Asset Management median
Dividend yield 10.26% 1.00% 6.60%
Payout ratio 1.42 0.18 0.94

Size

Metric ARCC SEIC Asset Management median
Market cap 13.58b 12.63b 694.86m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack