Reviewing Global Lights Acquisition (NASDAQ:GLAC) & Kayne Anderson BDC (NYSE:KBDC)

Global Lights Acquisition (NASDAQ:GLAC) and Kayne Anderson BDC (NYSE:KBDC) are both small-cap companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership.

Valuation & Earnings

This table compares Global Lights Acquisition and Kayne Anderson BDC”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Global Lights Acquisition	N/A	N/A	N/A	N/A	N/A
Kayne Anderson BDC	$122.29 million	8.91	$77.07 million	N/A	N/A

Kayne Anderson BDC has higher revenue and earnings than Global Lights Acquisition.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Global Lights Acquisition and Kayne Anderson BDC, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Global Lights Acquisition	0	0	0	0	0.00
Kayne Anderson BDC	0	2	2	1	2.80

Kayne Anderson BDC has a consensus price target of $17.20, indicating a potential upside of 12.20%. Given Kayne Anderson BDC’s stronger consensus rating and higher probable upside, analysts plainly believe Kayne Anderson BDC is more favorable than Global Lights Acquisition.

Profitability

This table compares Global Lights Acquisition and Kayne Anderson BDC’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Global Lights Acquisition	N/A	N/A	N/A
Kayne Anderson BDC	59.80%	12.65%	6.77%

Institutional & Insider Ownership

83.4% of Global Lights Acquisition shares are owned by institutional investors. 23.1% of Global Lights Acquisition shares are owned by insiders. Comparatively, 3.2% of Kayne Anderson BDC shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Kayne Anderson BDC beats Global Lights Acquisition on 8 of the 10 factors compared between the two stocks.

About Global Lights Acquisition

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.

About Kayne Anderson BDC

Kayne Anderson BDC Inc. is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc. is based in CHICAGO.