Valuation
Is the price right?Insufficient data
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
KBDC Financial Services
Kayne Anderson BDC, Inc.
$12.90-1.30%
Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
- Market cap
- 851.9M USD
- Enterprise value
- 833.9M USD
Growth
Is it growing?31/100
Weak
3/3 inputs reported · High confidence
Since last quarter: No major change
Why
Compare with peers Weaker than most peers on:
- ▼ Revenue growth
- ▼ EPS growth
Behind the score
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growth-33.7%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -1.58Sector median: 0.0999 · MAD: 0.27733-year revenue growth26.6%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported value33% base weight · Z-score 1.93Sector median: 0.0999 · MAD: 0.0858Revenue growth-17.5%
Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Reported value33% base weight · Z-score -1.68Sector median: 0.0742 · MAD: 0.1477Profitability
Does it earn well?14/100
Weak▲ 1 since Oct 27 close
2/3 inputs reported · Partial data
Since last quarter: No major change
Why it changed since the Oct 27, 2026 close: Score 13 → 14
- Peer companies moved+1
Why
Compare with peers Weaker than most peers on:
- ▼ ROIC
Behind the score
Return on invested capital, operating margin, and return on assets.
Operating marginUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.2353 · MAD: 0.1462Return on assets3.2%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.27Sector median: 0.0256 · MAD: 0.0233Return on invested capital-9.0%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -2.96Sector median: 0.0630 · MAD: 0.0518Other data (not scored)
Gross margin0.0%
Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.7878 · MAD: 0.2122Return on equity7.0%
SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0939 · MAD: 0.0702Risk
Debt, liquidity, price swingsInsufficient data
Insufficient data: 0 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Kayne Anderson BDC
- Is Kayne Anderson BDC getting weaker?
- Its latest SEC filing (Aug 10, 2026) showed no major changes.
- How is Kayne Anderson BDC valued vs its peers?
- Insufficient data: 1 of 3 inputs reported (at least 2 needed).
- Is Kayne Anderson BDC growing?
- More slowly than most of its peers. Growth scores 31/100 against 432 financial services peers. 3-year revenue growth 26.6% vs a peer median of 10.0% (stronger than 84% of peers).3-year revenue growth 26.6% vs peers 10.0% (stronger than 84% of peers). Revenue growth -17.5% vs a peer median of 7.4% (weaker than 86% of peers).Revenue growth -17.5% vs peers 7.4% (weaker than 86% of peers).
- How profitable is Kayne Anderson BDC?
- Less profitable than most of its peers. Profitability scores 14/100 against 432 financial services peers. Return on invested capital -9.0% vs a peer median of 6.3% (weaker than 94% of peers).Return on invested capital -9.0% vs peers 6.3% (weaker than 94% of peers).
- How risky is Kayne Anderson BDC?
- Insufficient data: 0 of 3 inputs reported (at least 2 needed).
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 10, 2026 · compared with the quarter ended Mar 31, 2026No major changes
Worth watching: Kayne Anderson BDC is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | 88.7M USD | 74.5M USD | −16.0% |
| Cash | 14.3M USD | 14.5M USD | +1.4% |
| Shares outstanding | 66.4M | 66.0M | −0.5% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Asset Management · 43 companiesValuations in Asset Management are near the top of their range since 2016.
- 95% of months since 2016 were valued lower than now.
- 37% of companies are in the most expensive fifth of their own price-to-sales history.
- Over 24 months, company values +10% and earnings +13% (medians): prices and earnings moved broadly together.
- Median price-to-sales is +31% vs the whole market, against a usual +6%.
Financials
Fiscal years from SEC annual filings · change vs the prior year| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Return on assets (ROA) | 3.8% | 3.8% | 5.4% | 6.3% | 4.1% | ▼ 2.2 pts |
| Return on equity (ROE) | 7.1% | 7.7% | 11.3% | 11.1% | 8.4% | ▼ 2.7 pts |
| Interest coverage | — | -1.71× | -1.46× | -1.36× | -1.55× | ▼ 14% |
KBDC price history
Price history is added with the daily price update and will appear after the next one.