BARINGS BDC, INC. (BBDC) vs Morgan Stanley Direct Lending Fund (MSDL)
- BARINGS BDC, INC. BBDC 8.44 −1.86%
- Morgan Stanley Direct Lending Fund MSDL 13.03 −1.96%
BARINGS BDC, INC. and Morgan Stanley Direct Lending Fund are both Asset Management companies. Morgan Stanley Direct Lending Fund is the larger, with a market value of $1.1B against $900.5M — 1.2× the size. BARINGS BDC, INC. trades at the lower P/E: 10.2× against 18.9×. BARINGS BDC, INC. grew revenue faster over the last twelve months: −5.06% against −9.57%. BARINGS BDC, INC. has the higher net margin (32.7% vs 16.0%) and the higher return on invested capital (10.9% vs 2.95%). Both pay a dividend; Morgan Stanley Direct Lending Fund yields more (14.2% vs 12.3%). Across the 20 metrics below, BARINGS BDC, INC. leads on 15 and Morgan Stanley Direct Lending Fund on 5.
Valuation
Profitability
| Metric | BBDC | MSDL | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 88.68% | 79.74% | 33.42% |
| Net margin | 32.73% | 15.97% | 13.37% |
| Free cash flow margin | 114.50% | 75.61% | 12.36% |
| Return on equity | 7.50% | 3.48% | 4.79% |
| Return on assets | 3.24% | 1.57% | 1.55% |
| Return on invested capital | 10.90% | 2.95% | 2.97% |
Growth
Health
Dividend
Size
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