BlackRock TCP Capital Corp. (TCPC): Price and Financial Metrics

TCPC POWR Grades

• TCPC scores best on the Momentum dimension, with a Momentum rank ahead of 72.46% of US stocks.
• The strongest trend for TCPC is in Stability, which has been heading up over the past 179 days.
• TCPC's current lowest rank is in the Growth metric (where it is better than 0.88% of US stocks).

TCPC Stock Summary

• TCPC's current price/earnings ratio is 6.11, which is higher than only 10.34% of US stocks with positive earnings.
• The ratio of debt to operating expenses for BlackRock TCP Capital Corp is higher than it is for about 99.31% of US stocks.
• The volatility of BlackRock TCP Capital Corp's share price is greater than that of only 0.5% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to TCPC, based on their financial statements, market capitalization, and price volatility, are PSEC, MRCC, CGBD, BIPC, and SACH.
• 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 Valuation Summary

• TCPC's price/sales ratio is 4.8; this is 300% higher than that of the median Financial Services stock.
• Over the past 110 months, TCPC's price/sales ratio has gone down 2.6.
• TCPC's price/sales ratio has moved down 2.6 over the prior 110 months.

Below are key valuation metrics over time for TCPC.

TCPC Growth Metrics

Its 3 year net cashflow from operations growth rate is now at 52.2%.
• Its year over year net income to common stockholders growth rate is now at 379.81%.
• The year over year revenue growth rate now stands at -8.93%.

Over the past 34 months, TCPC's revenue has gone down $28,718,959.

The table below shows TCPC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	165.1057	-82.60892	133.7908
2021-09-30	168.4151	35.27293	149.1964
2021-06-30	168.5467	8.982227	184.816
2021-03-31	172.0164	67.78344	176.3407
2020-12-31	172.1037	122.3257	71.37449
2020-09-30	177.0237	101.6847	22.23096

TCPC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• TCPC has a Quality Grade of C, ranking ahead of 69.64% of graded US stocks.
• TCPC's asset turnover comes in at 0.094 -- ranking 226th of 444 Trading stocks.
• CNS, WELL, and SCM are the stocks whose asset turnover ratios are most correlated with TCPC.

The table below shows TCPC's key quality metrics over time.