Palmer Square Capital BDC Inc. (PSBD) vs BLACKROCK TCP CAPITAL CORP. (TCPC)
- Palmer Square Capital BDC Inc. PSBD 9.57 −1.95%
- BLACKROCK TCP CAPITAL CORP. TCPC 4.16 −1.42%
Palmer Square Capital BDC Inc. and BLACKROCK TCP CAPITAL CORP. are both Asset Management companies. BLACKROCK TCP CAPITAL CORP. is the larger, with a market value of $354.1M against $299.2M — 1.2× the size. Palmer Square Capital BDC Inc. grew revenue faster over the last twelve months: −14.9% against −26.1%. Palmer Square Capital BDC Inc. has the higher net margin (−26.7% vs −61.3%) and the lower return on invested capital (0.00% vs 4.15%). Both pay a dividend; BLACKROCK TCP CAPITAL CORP. yields more (18.3% vs 11.3%). Across the 18 metrics below, BLACKROCK TCP CAPITAL CORP. leads on 10 and Palmer Square Capital BDC Inc. on 8.
Valuation
Profitability
| Metric | PSBD | TCPC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 83.05% | 84.51% | 33.42% |
| Net margin | (26.72%) | (61.27%) | 13.37% |
| Free cash flow margin | 107.44% | 225.77% | 12.36% |
| Return on equity | (6.75%) | (16.78%) | 4.79% |
| Return on assets | (2.51%) | (6.36%) | 1.55% |
| Return on invested capital | 0.00% | 4.15% | 2.97% |
Growth
Health
Dividend
Size
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