BDVC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BDVC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Franklin BSP Lending's Enterprise Value is $3,419.4 Mil. Franklin BSP Lending's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $132.6 Mil. Therefore, Franklin BSP Lending's EV-to-Revenue ratio for today is 25.79.
The historical data trend for Franklin BSP Lending's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Franklin BSP Lending Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Enterprise Value | Get a 7-Day Free Trial | 793.42 | 1,039.19 | 1,053.55 | 2,308.12 | 2,463.54 |
Franklin BSP Lending Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Enterprise Value | Get a 7-Day Free Trial | 2,395.63 | 2,463.54 | 2,344.13 | 2,461.07 | 2,208.62 |
For the Asset Management subindustry, Franklin BSP Lending's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Asset Management industry and Financial Services sector, Franklin BSP Lending's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Franklin BSP Lending's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Franklin BSP Lending's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as
Enterprise Value (A: Dec. 2022 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 1294.20994 | + | 0 | + | 1224.187 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Balance Sheet Cash And Cash Equivalents |
+ | 0 | + | 0 | - | 54.852 |
= | 2,463.5 |
Franklin BSP Lending's Enterprise Value for the quarter that ended in Sep. 2023 is calculated as
Enterprise Value (Q: Sep. 2023 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 1116.281088 | + | 0 | + | 1162.32 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Balance Sheet Cash And Cash Equivalents |
+ | 0 | + | 0 | - | 69.978 |
= | 2,208.6 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Franklin BSP Lending (OTCPK:BDVC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
Franklin BSP Lending's EV-to-Revenue for today is:
EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
= | 3419.374 | / | 132.603 | |
= | 25.79 |
Franklin BSP Lending's current Enterprise Value is $3,419.4 Mil.
Franklin BSP Lending's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $132.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Franklin BSP Lending's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Frick | officer: Secretary | 9 WEST 57TH STREET, 49TH FLOOR, SUITE 4920, NEW YORK NY 10019 |
Nina Kang Baryski | officer: CFO & Treasurer | 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019 |
Dennis M Schaney | director | MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 6, NEW YORK NY 10036 |
Lee S Hillman | director | 222 S RIVERSIDE PLAZE STE 2800, CHICAGO IL 60606 |
Ronald J Kramer | director | 712 FIFTH AVENUE, NEW YORK NY 10019 |
Richard J Byrne | director, officer: See Remarks | 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
Leeor P. Avigdor | officer: Corporate Secretary | C/O 9 WEST 57TH ST., SUITE 4920, NEW YORK NY 10019 |
Weil Edward M Jr. | director | C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022 |
Pankovcin Corinne | officer: CFO, Secretary and Treasurer | BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022 |
James A. Fisher | officer: President, COO | C/O BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022 |
Randolph C Read | director | C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022 |
Nicholas Radesca | officer: CFO and Treasurer | C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022 |
Robert Grunewald | officer: Chief Investment Officer | 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022 |
Bdca Adviser, Llc | 10 percent owner | 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022 |
Brian S Block | officer: CFO and Treasurer | C/O AMERICAN FINANCIAL REALTY TRUST, 1725 THE FALWAY, JENKINTOWN PA 19048 |
From GuruFocus
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.