Chicago Atlantic BDC, Inc. (LIEN) vs Palmer Square Capital BDC Inc. (PSBD)
- Chicago Atlantic BDC, Inc. LIEN 9.14 −0.11%
- Palmer Square Capital BDC Inc. PSBD 9.57 −1.95%
Chicago Atlantic BDC, Inc. and Palmer Square Capital BDC Inc. are both Asset Management companies. Palmer Square Capital BDC Inc. is the larger, with a market value of $299.2M against $208.8M — 1.4× the size. Palmer Square Capital BDC Inc. has negative trailing earnings, so its P/E is not meaningful; Chicago Atlantic BDC, Inc. trades at 6.6×. Chicago Atlantic BDC, Inc. grew revenue faster over the last twelve months: 46.9% against −14.9%. Chicago Atlantic BDC, Inc. has the higher net margin (52.8% vs −26.7%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; Chicago Atlantic BDC, Inc. yields more (14.9% vs 11.3%). Across the 16 metrics below, Chicago Atlantic BDC, Inc. leads on 12 and Palmer Square Capital BDC Inc. on 4.
Valuation
Profitability
| Metric | LIEN | PSBD | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 63.70% | 83.05% | 33.42% |
| Net margin | 52.82% | (26.72%) | 13.37% |
| Free cash flow margin | (5.03%) | 107.44% | 12.36% |
| Return on equity | 10.48% | (6.75%) | 4.79% |
| Return on assets | 9.38% | (2.51%) | 1.55% |
| Return on invested capital | 0.00% | 0.00% | 2.97% |
Growth
Health
Dividend
Size
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