BlackRock TCP Capital Corp. (TCPC): Price and Financial Metrics
BlackRock TCP Capital Corp. (TCPC)
Today's Latest Price: $9.76 USD
Updated Sep 25 4:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 55 in Private Equity
See all "A" rated Strong Buy stocks
TCPC Stock Summary
- TCPC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 227.31 -- higher than 86.06% of US-listed equities with positive expected earnings growth.
- The ratio of debt to operating expenses for BlackRock TCP Capital Corp is higher than it is for about 99.19% of US stocks.
- Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for TCPC comes in at 13.44% -- higher than that of 83.75% of stocks in our set.
- Stocks that are quantitatively similar to TCPC, based on their financial statements, market capitalization, and price volatility, are LNC, AINV, NGG, EPD, and PSEC.
- Visit TCPC's SEC page to see the company's official filings. To visit the company's web site, go to www.tcpcapital.com.
TCPC Stock Price Chart Technical Analysis Charts
TCPC Price/Volume Stats
| Current price | $9.76 | 52-week high | $14.76 |
| Prev. close | $9.45 | 52-week low | $4.02 |
| Day low | $9.47 | Volume | 231,579 |
| Day high | $9.79 | Avg. volume | 439,569 |
| 50-day MA | $9.81 | Dividend yield | 12.3% |
| 200-day MA | $10.50 | Market Cap | 563.81M |
BlackRock TCP Capital Corp. (TCPC) Company Bio
TCP Capital Corp. is an externally-managed specialty finance company. The Company, which operates as a business development company, focuses on lending to middle-market U.S. companies to achieve high total returns through current income and capital appreciation. The company was founded in 1999 and is based in Santa Monica, California.
TCPC Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $9.76 | $14.15 | 50% |
Below please find a table outlining a discounted cash flow forecast for TCPC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that BlackRock TCP Capital Corp ranked in the 53th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 50.33% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for TCPC, they are:
- The company's debt burden, as measured by earnings divided by interest payments, is 0.87 -- which is good for besting only 24.62% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
- 37% of the company's capital comes from equity, which is greater than only 18.96% of stocks in our cash flow based forecasting set.
- BlackRock TCP Capital Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 47% |
| 1% | 48% |
| 2% | 50% |
| 3% | 51% |
| 4% | 52% |
| 5% | 54% |
Want more companies with a valuation profile/forecast similar to that of BlackRock TCP Capital Corp? See PROS, JEF, CNA, CME, and NGHC.
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