Kayne Anderson BDC (KBDC) & Its Peers Head to Head Review

Kayne Anderson BDC (NYSE:KBDC) is one of 1,744 publicly-traded companies in the “Capital Markets” industry, but how does it compare to its rivals? We will compare Kayne Anderson BDC to related companies based on the strength of its institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

Insider & Institutional Ownership

30.4% of shares of all “Capital Markets” companies are held by institutional investors. 2.9% of Kayne Anderson BDC shares are held by company insiders. Comparatively, 13.0% of shares of all “Capital Markets” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Dividends

Kayne Anderson BDC pays an annual dividend of $1.60 per share and has a dividend yield of 12.4%. Kayne Anderson BDC pays out 146.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Capital Markets” companies pay a dividend yield of 3.2% and pay out 30.1% of their earnings in the form of a dividend.

Volatility and Risk

Kayne Anderson BDC has a beta of 0.34, meaning that its share price is 66% less volatile than the S&P 500. Comparatively, Kayne Anderson BDC’s rivals have a beta of 0.81, meaning that their average share price is 19% less volatile than the S&P 500.

Profitability

This table compares Kayne Anderson BDC and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kayne Anderson BDC	31.54%	10.63%	5.06%
Kayne Anderson BDC Competitors	313.70%	79.21%	3.63%

Earnings & Valuation

This table compares Kayne Anderson BDC and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Kayne Anderson BDC	$84.89 million	$93.71 million	11.86
Kayne Anderson BDC Competitors	$2.54 billion	$394.83 million	17.08

Kayne Anderson BDC’s rivals have higher revenue and earnings than Kayne Anderson BDC. Kayne Anderson BDC is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and target prices for Kayne Anderson BDC and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kayne Anderson BDC	0	3	2	0	2.40
Kayne Anderson BDC Competitors	5546	20107	22439	641	2.37

Kayne Anderson BDC currently has a consensus target price of $14.50, suggesting a potential upside of 12.19%. As a group, “Capital Markets” companies have a potential upside of 25.57%. Given Kayne Anderson BDC’s rivals higher possible upside, analysts plainly believe Kayne Anderson BDC has less favorable growth aspects than its rivals.

Summary

Kayne Anderson BDC rivals beat Kayne Anderson BDC on 12 of the 15 factors compared.

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.