BlackRock TCP Capital Corp TCPC

Morningstar Rating
$3.68 −0.13 (3.41%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TCPC is trading at a 818% premium.
Price
$3.81
Fair Value
$8.73
Uncertainty
Very High
1-Star Price
$96.82
5-Star Price
$8.68
Economic Moat
Szck
Capital Allocation

News

Trading Information

Previous Close Price
$3.81
Day Range
$3.643.82
52-Week Range
$3.438.06
Bid/Ask
$3.67 / $3.68
Shares Outstanding
83.90M
Market Cap
$308.76M
Volume/Avg
941,671 / 994,002

Key Statistics

Price/Earnings (Normalized)
Price/Sales
4.92
Dividend Yield (Trailing)
25.00%
Dividend Yield (Forward)
25.00%
Total Yield
26.71%

Company Profile

BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve its investment objective through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights, or direct equity investments.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Value
Total Number of Employees
24,900

Valuation

Metric
TCPC
Price/Earnings (Normalized)
Price/Book Value
0.55
Price/Sales
4.92
Price/Cash Flow
1.19
Price/Earnings
TCPC

Financial Strength

Metric
TCPC
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
TCPC
Return on Assets (Normalized)
−7.16%
Return on Equity (Normalized)
−18.41%
Return on Invested Capital (Normalized)
Return on Assets
TCPC

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