Financials Franklin BSP Lending Corporation

Equities

BDVC

US12325J1016

Closed End Funds

End-of-day quote OTC Markets 06:00:00 2024-03-31 pm EDT 5-day change 1st Jan Change
9.82 USD -3.25% Intraday chart for Franklin BSP Lending Corporation 0.00% +111.18%

Valuation

Fiscal Period: December 2021 2022
Capitalization 1 1,074 1,298
Enterprise Value (EV) 1 2,303 2,467
P/E ratio 5.19 x 14.7 x
Yield 8.6% 9.12%
Capitalization / Revenue 4.61 x 4.7 x
EV / Revenue 9.89 x 8.93 x
EV / EBITDA - -
EV / FCF -40.2 x 28 x
FCF Yield -2.49% 3.57%
Price to Book 0.71 x 0.78 x
Nbr of stocks (in thousands) 200,693 227,728
Reference price 2 5.350 5.700
Announcement Date 3/17/22 3/15/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 223.8 237 244.5 196.7 232.8 276.4
EBITDA - - - - - -
EBIT 1 151.5 160.3 165.3 140.7 155.2 191.2
Operating Margin 67.69% 67.63% 67.62% 71.55% 66.67% 69.18%
Earnings before Tax (EBT) 1 80.01 30.72 97.27 -33.24 209.5 88.17
Net income 1 78.39 28.25 92.47 -35.8 206.2 81.98
Net margin 35.02% 11.92% 37.82% -18.2% 88.57% 29.66%
EPS 2 0.4375 0.1562 0.4868 -0.1813 1.031 0.3866
Free Cash Flow 1 64.13 45.78 66.01 190.5 -57.34 88.09
FCF margin 28.65% 19.31% 27% 96.86% -24.63% 31.87%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 81.82% 162.06% 71.38% - - 107.45%
Dividend per Share 2 0.7569 0.6500 0.6500 0.4616 0.4600 0.5200
Announcement Date 3/22/18 3/28/19 3/20/20 3/15/21 3/17/22 3/15/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 930 788 1,037 1,052 1,230 1,169
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 64.1 45.8 66 191 -57.3 88.1
ROE (net income / shareholders' equity) 5.18% 1.95% 6.46% -2.5% 14.2% 5.16%
ROA (Net income/ Total Assets) 3.59% 3.92% 4.05% 3.27% 3.44% 4.07%
Assets 1 2,181 721.2 2,284 -1,096 5,992 2,015
Book Value Per Share 2 8.300 7.820 7.690 6.950 7.490 7.280
Cash Flow per Share 2 0.5600 0.5100 0.2400 0.2600 0.2100 0.2400
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 3/22/18 3/28/19 3/20/20 3/15/21 3/17/22 3/15/23
1USD in Million2USD
Estimates
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