Fidus Investment Corporation (FDUS) vs Vinci Compass Investments Ltd. (VINP)

Fidus Investment Corporation and Vinci Compass Investments Ltd. are both Asset Management companies. Fidus Investment Corporation and Vinci Compass Investments Ltd. are of similar size ($773.1M and $717.4M). Fidus Investment Corporation trades at the lower P/E: 9.1× against 15.2×. Vinci Compass Investments Ltd. grew revenue faster over the last twelve months: 36.2% against 11.9%. Fidus Investment Corporation has the higher net margin (45.4% vs 23.2%) and the lower return on invested capital (5.23% vs 8.68%). Both pay a dividend; Vinci Compass Investments Ltd. yields more (6.04% vs 2.27%). Across the 19 metrics below, Vinci Compass Investments Ltd. leads on 12 and Fidus Investment Corporation on 7.

Valuation

Metric FDUS VINP Asset Management median
P/E 9.08 15.18 13.99
P/S 4.22 3.58 2.76
P/B 0.98 1.68 0.85
Price to free cash flow n/m 17.94 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 11.02% 6.59% 4.72%
Free cash flow yield (29.34%) 5.58% 4.44%

Profitability

Metric FDUS VINP Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 70.64% 28.14% 33.42%
Net margin 45.36% 23.21% 13.37%
Free cash flow margin (123.96%) 19.95% 12.36%
Return on equity 10.81% 12.24% 4.79%
Return on assets 5.60% 6.57% 1.55%
Return on invested capital 5.23% 8.68% 2.97%

Growth

Metric FDUS VINP Asset Management median
Revenue growth (TTM) 11.90% 36.21% 7.42%
EPS growth (last fiscal year) (3.33%) 46.15% (6.67%)
Revenue growth, 5-year CAGR 12.86% 21.56% 12.51%
Net income growth, 5-year CAGR 21.42% 3.37% 0.00%

Health

Metric FDUS VINP Asset Management median
Debt to equity 0.39 0.45 0.44
Current ratio 0.09 3.58 1.30
Net debt to EBITDA 1.36 (2.33) 1.02

Dividend

Metric FDUS VINP Asset Management median
Dividend yield 2.27% 6.04% 6.60%
Payout ratio 0.21 0.94 0.94

Size

Metric FDUS VINP Asset Management median
Market cap 773.14m 717.41m 694.86m

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