ARCC:NGS-Ares Capital Corporation (USD)

EQUITY | Asset Management | Nasdaq Global Select

Last Closing

USD 21.28

Change

+0.39 (+1.87)%

Market Cap

USD 4.95B

Volume

4.32M

Analyst Target

USD 15.83
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Ares Capital Corp is a specialty finance company that is a closed-end, non-diversified management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-30 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap
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CG Carlyle Group Inc

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SEIC SEI Investments Company

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HLNE Hamilton Lane Inc

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STEP Stepstone Group Inc

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GBDC Golub Capital BDC Inc

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VCTR Victory Capital Holdings Inc

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PSEC Prospect Capital Corporation

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USD 2.24B

ETFs Containing ARCC

PBDC Putnam ETF Trust - Putnam.. 12.09 % 0.00 %

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PEX 9.98 % 0.00 %

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LEND:AU VanEck Global Listed Priv.. 7.84 % 0.00 %

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LBO 7.31 % 0.00 %

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FLPE:XETRA FlexShares® Listed Priva.. 5.94 % 0.00 %

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FLPE:LSE FlexShares® Listed Priva.. 5.59 % 0.00 %

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USD 0.31B
GPEQ:AU VanEck Global Listed Priv.. 4.27 % 0.00 %

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IPRV:SW iShares Listed Private Eq.. 3.75 % 0.00 %

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USD 0.82B
FXED Tidal ETF Trust 3.30 % 0.00 %

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HFY-U:CA 3.07 % 0.00 %

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BDCL 0.00 % 0.00 %

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BDCS 0.00 % 0.00 %

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BDCZ UBS AG London Branch ELKS.. 0.00 % 0.00 %

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USD 0.03B
BIZD VanEck BDC Income ETF 0.00 % 0.41 %

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USD 1.18B
DVHL 0.00 % 0.00 %

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HUSE 0.00 % 0.91 %

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LBDC 0.00 % 0.00 %

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MLTI 0.00 % 0.00 %

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HFY:CA 0.00 % 1.20 %

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MPCF:CA 0.00 % 0.80 %

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GIGB Goldman Sachs Access Inve.. 0.00 % 0.14 %

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USD 0.83B
IDPE:LSE iShares Listed Private Eq.. 0.00 % 0.00 %

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IPRV:LSE iShares Listed Private Eq.. 0.00 % 0.00 %

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IQQL:F iShares Listed Private Eq.. 0.00 % 0.00 %

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IQQL:XETRA iShares Listed Private Eq.. 0.00 % 0.00 %

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USD 0.79B
BDCY 0.00 % 0.00 %

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BDCX ETRACS Quarterly Pay 1.5X.. 0.00 % 0.00 %

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USD 0.03B
SDEF 0.00 % 0.00 %

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DXR:CA Dynamic Active Retirement.. 0.00 % 0.00 %

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CAD 0.01B
EERN 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.24% 63% D 64% D
Dividend Return 4.79% 59% D- 90% A-
Total Return 11.03% 64% D 69% C-
Trailing 12 Months  
Capital Gain 8.96% 63% D 67% D+
Dividend Return 4.92% 34% F 73% C
Total Return 13.88% 60% D- 70% C-
Trailing 5 Years  
Capital Gain 16.16% 66% D+ 60% D-
Dividend Return 40.56% 57% F 95% A
Total Return 56.71% 63% D 72% C
Average Annual (5 Year Horizon)  
Capital Gain 7.32% 68% D+ 64% D
Dividend Return 15.54% 69% C- 73% C
Total Return 8.21% 50% F 95% A
Risk Return Profile  
Volatility (Standard Deviation) 23.41% 61% D- 72% C
Risk Adjusted Return 66.37% 87% B+ 87% B+
Market Capitalization 4.95B 93% A 94% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Asset Management) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.00 75% 81%
Price/Book Ratio 1.10 46% 66%
Price / Cash Flow Ratio 25.12 6% 12%
Price/Free Cash Flow Ratio 10.19 43% 27%
Management Effectiveness  
Return on Equity 15.45% 71% 86%
Return on Invested Capital 7.68% 56% 73%
Return on Assets 5.16% 47% 85%
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.