CION Investment Corporation (CION) vs BLACKROCK TCP CAPITAL CORP. (TCPC)
CION Investment Corporation and BLACKROCK TCP CAPITAL CORP. are both Asset Management companies. CION Investment Corporation and BLACKROCK TCP CAPITAL CORP. are of similar size ($350.8M and $335.6M). BLACKROCK TCP CAPITAL CORP. has negative trailing earnings, so its P/E is not meaningful; CION Investment Corporation trades at 120×. CION Investment Corporation grew revenue faster over the last twelve months: 2.65% against −26.1%. CION Investment Corporation has the higher net margin (1.17% vs −61.3%) and the higher return on invested capital (7.94% vs 4.15%). Both pay a dividend; CION Investment Corporation yields more (12.1% vs 11.9%). Across the 20 metrics below, CION Investment Corporation leads on 14 and BLACKROCK TCP CAPITAL CORP. on 6.
Valuation
Profitability
| Metric | CION | TCPC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 36.19% | 84.51% | 33.03% |
| Net margin | 1.17% | (61.27%) | 13.53% |
| Free cash flow margin | 19.12% | 225.77% | 12.44% |
| Return on equity | 0.38% | (16.78%) | 4.83% |
| Return on assets | 0.15% | (6.36%) | 1.57% |
| Return on invested capital | 7.94% | 4.15% | 3.04% |
Growth
Health
Dividend
Size
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