BlackRock TCP Capital Corp
NASDAQ:TCPC

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BlackRock TCP Capital Corp
NASDAQ:TCPC
Watchlist
Price: 7.51 USD 1.08% Market Closed
Market Cap: 638.7m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TCPC stock under the Base Case scenario is 18.08 USD. Compared to the current market price of 7.51 USD, BlackRock TCP Capital Corp is Undervalued by 58%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TCPC Relative Value
Base Case
18.08 USD
Undervaluation 58%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
82
vs Industry
51
Median 3Y
2.9
Median 5Y
2.9
Industry
3.1
Forward
2.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
10
Median 3Y
7.3
Median 5Y
4.2
Industry
15
Forward
5.6
More Details
2
P/OCF
P/OCF
Price to OCF
2
vs History
88
vs Industry
48
Median 3Y
3.5
Median 5Y
4
Industry
9.9
More Details
13.3
P/FCFE
P/FCFE
Price to FCFE
13.3
vs History
34
vs Industry
23
Median 3Y
7.9
Median 5Y
9.2
Industry
12.5
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
22
vs Industry
56
Median 3Y
0.8
Median 5Y
0.7
Industry
1.3
More Details
6.3
EV/S
EV/S
Enterprise Value to Sales
6.3
vs History
96
vs Industry
32
Median 3Y
7.4
Median 5Y
7.6
Industry
4.7
Forward
7.2
More Details
10.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.4
vs History
95
vs Industry
29
Median 3Y
11.6
Median 5Y
12.1
Industry
6.9
More Details
12
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12
vs History
96
vs Industry
37
Median 3Y
14.9
Median 5Y
15.6
Industry
13.9
More Details
12
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12
vs History
96
vs Industry
35
Median 3Y
14.9
Median 5Y
15.6
Industry
14.2
More Details
5.2
EV/OCF
EV/OCF
Enterprise Value to OCF
5.2
vs History
88
vs Industry
41
Median 3Y
10
Median 5Y
10.8
Industry
12.1
More Details
5.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
5.2
vs History
88
vs Industry
39
Median 3Y
10
Median 5Y
10.8
Industry
13
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
19
vs Industry
40
Median 3Y
0.9
Median 5Y
0.9
Industry
1
More Details

Multiples Across Competitors

TCPC Competitors Multiples
BlackRock TCP Capital Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
BlackRock TCP Capital Corp
NASDAQ:TCPC
638.9m USD 2.5 -13.5 12 12
US
Blackstone Inc
NYSE:BX
166.8B USD 13 65.6 27.5 27.6
US
BlackRock Inc
NYSE:BLK
151.8B USD 7.2 24.1 18.3 19.6
US
KKR & Co Inc
NYSE:KKR
108.7B USD 6.6 49.5 -819.5 -819.5
CA
Brookfield Corp
NYSE:BN
98B USD 1.2 219.7 11.1 16.4
CA
Brookfield Asset Management Inc
NYSE:BAM
88.1B USD 62.1 93.1 122.4 122.9
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
120.8B CAD 62.2 93.2 122.5 123
ZA
Ninety One Ltd
JSE:NY1
77.6B Zac 0 0 0 0
LU
Reinet Investments SCA
JSE:RNI
65.7B Zac 0 0 0 0
US
Bank of New York Mellon Corp
NYSE:BK
65.5B USD 3.5 14.5 63.2 0
MU
African Rainbow Capital Investments Ltd
JSE:AIL
61.5B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
BlackRock TCP Capital Corp
NASDAQ:TCPC
Average EV/EBITDA: 53.9
12
N/A N/A
US
Blackstone Inc
NYSE:BX
27.5
20%
1.4
US
BlackRock Inc
NYSE:BLK
18.3
3%
6.1
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -819.5
124%
N/A
CA
Brookfield Corp
NYSE:BN
11.1
N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
122.4
236%
0.5
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
122.5
236%
0.5
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
63.2
N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
BlackRock TCP Capital Corp
NASDAQ:TCPC
Average EV/EBIT: 53.6
12
N/A N/A
US
Blackstone Inc
NYSE:BX
27.6
21%
1.3
US
BlackRock Inc
NYSE:BLK
19.6
4%
4.9
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -819.5
108%
N/A
CA
Brookfield Corp
NYSE:BN
16.4
-27%
N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
122.9
235%
0.5
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
123
235%
0.5
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A

See Also

Summary
TCPC intrinsic value, competitors valuation, and company profile.
DCF Valuation
TCPC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TCPC stock valuation using valuation multiples.
Wall Street Estimates
TCPC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TCPC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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