Burford Capital Limited (BUR) vs Goldman Sachs BDC, Inc. (GSBD)

Burford Capital Limited and Goldman Sachs BDC, Inc. are both Asset Management companies. Goldman Sachs BDC, Inc. is the larger, with a market value of $1.1B against $797.1M — 1.3× the size. Burford Capital Limited has negative trailing earnings, so its P/E is not meaningful; Goldman Sachs BDC, Inc. trades at 18.3×. Goldman Sachs BDC, Inc. grew revenue faster over the last twelve months: −15.4% against −331.0%. Burford Capital Limited has the higher net margin (112.0% vs 17.2%) and the lower return on invested capital (−29.9% vs 3.09%). Both pay a dividend; Goldman Sachs BDC, Inc. yields more (12.1% vs 0.88%). Across the 18 metrics below, Goldman Sachs BDC, Inc. leads on 13 and Burford Capital Limited on 5.

Valuation

Metric BUR GSBD Asset Management median
P/E n/m 18.35 14.62
P/S n/m 3.16 2.97
P/B 0.54 0.79 0.94
Price to free cash flow n/m 13.19 8.93
EV/EBITDA n/m 10.33 10.32
EV/Sales (1.63) 8.56 5.72
Earnings yield (211.81%) 5.45% 4.53%
Free cash flow yield (23.17%) 7.58% 4.65%

Profitability

Metric BUR GSBD Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 99.23% 80.87% 33.03%
Net margin 111.95% 17.19% 13.53%
Free cash flow margin 12.27% 23.94% 12.44%
Return on equity (71.82%) 4.07% 4.83%
Return on assets (31.82%) 1.75% 1.57%
Return on invested capital (29.90%) 3.09% 3.04%

Growth

Metric BUR GSBD Asset Management median
Revenue growth (TTM) (330.95%) (15.41%) 6.97%
EPS growth (last fiscal year) (57.58%) 87.27% —
Revenue growth, 5-year CAGR 2.85% 16.15% 12.13%
Net income growth, 5-year CAGR (17.64%) (7.50%) 0.00%

Health

Metric BUR GSBD Asset Management median
Debt to equity 1.64 1.36 0.42
Current ratio 9.56 0.69 1.28
Net debt to EBITDA 6.34 6.17 1.06

Dividend

Metric BUR GSBD Asset Management median
Dividend yield 0.88% 12.11% 6.92%
Payout ratio 0.10 2.14 0.77

Size

Metric BUR GSBD Asset Management median
Market cap 797.09m 1.07b 721.34m

Compare with another peer

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