BCP Investment Corporation (BCIC) vs Pearl Diver Credit Company Inc. (PDCC)

BCP Investment Corporation and Pearl Diver Credit Company Inc. are both Asset Management companies. BCP Investment Corporation is the larger, with a market value of $82.6M against $66.1M — 1.2× the size. Both pay a dividend; Pearl Diver Credit Company Inc. yields more (32.8% vs 24.5%). Across the 3 metrics below, Pearl Diver Credit Company Inc. leads on 2 and BCP Investment Corporation on 1.

Valuation

Metric BCIC PDCC Asset Management median
P/E n/m n/m 13.99
P/S 1.19 — 2.76
P/B 0.46 — 0.85
Price to free cash flow 0.89 — 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (8.11%) (28.00%) 4.72%
Free cash flow yield 112.79% — 4.44%

Profitability

Metric BCIC PDCC Asset Management median
Gross margin 100.00% — 100.00%
Operating margin 41.11% — 33.42%
Net margin (5.72%) — 13.37%
Free cash flow margin 134.43% — 12.36%
Return on equity (2.30%) — 4.79%
Return on assets (0.88%) 0.00% 1.55%
Return on invested capital 3.93% — 2.97%

Growth

Metric BCIC PDCC Asset Management median
Revenue growth (TTM) 27.34% — 7.42%
EPS growth (last fiscal year) 262.50% — (6.67%)
Revenue growth, 5-year CAGR 7.42% — 12.51%
Net income growth, 5-year CAGR (18.30%) — 0.00%

Health

Metric BCIC PDCC Asset Management median
Debt to equity 1.56 — 0.44
Current ratio 1.45 — 1.30
Net debt to EBITDA 11.09 — 1.02

Dividend

Metric BCIC PDCC Asset Management median
Dividend yield 24.47% 32.77% 6.60%
Payout ratio — — 0.94

Size

Metric BCIC PDCC Asset Management median
Market cap 82.60m 66.09m 694.86m

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