Market cap
$900 Mln
Revenue (TTM)
$257 Mln
P/E Ratio
10.4
P/B Ratio
0.8
Div. Yield
12.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 60.32 | 82.64 | 29.02 | -0.72 | 16.64 |
| EBIT | -- | -- | 106.63 | -24.84 | -9.65 |
| Net Profit | -8.30 | -10.84 | 55.09 | -2.71 | 13.15 |
| EPS | -8.30 | -10.39 | -12.46 | 0.40 | -17.36 |
| Book Value | -- | -- | -2.15 | 0.18 | -5.32 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 77.02 | 159.23 | 43.75 | 76.71 | -- |
| Net Margin
| -- | 11.41 | 33.94 | -- | -- |
| Return on equity
| 9.54 | 7.95 | 7.55 | 8.67 | 9.24 |
| Return on Capital
| 4.11 | 3.32 | -- | 3.90 | 4.18 |
| Return on Assets
| 4.23 | 3.38 | 3.11 | 3.82 | 4.11 |
| Debt to Equity (x)
| -- | -- | 0.00 | 1.23 | 1.22 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
3.90
|
4.18
|
4.26
|
0.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
7.55
Lower than Peers by 1.22
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
7.55
|
8.67
|
9.24
|
10.72
|
0.48
|
|
Peer Median
|
8.78
|
--
|
--
|
--
|
--
|
ROA
3.11
Lower than Peers by 0.59
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
3.11
|
3.82
|
4.11
|
4.75
|
0.19
|
|
Peer Median
|
3.71
|
--
|
--
|
--
|
--
|
EBIT Margin
43.75
Lower than Peers by 20.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
43.75
|
76.71
|
--
|
77.33
|
393.35
|
|
Peer Median
|
63.93
|
--
|
--
|
--
|
--
|
Net Margin
33.94
Lower than Peers by 18.40
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
33.94
|
40.96
|
52.74
|
44.26
|
11.41
|
|
Peer Median
|
52.34
|
--
|
--
|
--
|
--
|
Revenue Growth
29.02
Higher than Peers by 3.29
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
29.02
|
0.19
|
-0.28
|
17.07
|
-0.82
|
|
Peer Median
|
25.73
|
--
|
--
|
--
|
--
|
EBIT Growth
106.63
Higher than Peers by 66.11
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
106.63
|
--
|
--
|
255.23
|
-18.97
|
|
Peer Median
|
40.52
|
--
|
--
|
--
|
--
|
Net Profit Growth
55.09
Higher than Peers by 27.83
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
55.09
|
-7.58
|
-13.84
|
2,634.44
|
-93.97
|
|
Peer Median
|
27.27
|
--
|
--
|
--
|
--
|
EPS Growth
-12.46
Lower than Peers by 44.17
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
-12.46
|
-0.07
|
-0.13
|
26.92
|
-0.96
|
|
Peer Median
|
31.71
|
--
|
--
|
--
|
--
|
Book Value Growth
-2.06
Lower than Peers by 2.50
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
-2.06
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
1.23
|
1.22
|
1.20
|
1.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.24
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
0.24
|
--
|
--
|
1.20
|
1.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.36
Lower than Peers by 1.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
0.36
|
3.91
|
4.60
|
10.15
|
4.58
|
|
Peer Median
|
2.23
|
--
|
--
|
--
|
--
|
Quick Ratio
0.36
Lower than Peers by 1.85
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
0.36
|
--
|
--
|
0.39
|
--
|
|
Peer Median
|
2.22
|
--
|
--
|
--
|
--
|
Interest Coverage
2.12
Lower than Peers by 0.31
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
2.12
|
2.24
|
--
|
2.64
|
1.11
|
|
Peer Median
|
2.43
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.89
Lower than Peers by 2.15
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
14.89
|
16.64
|
26.94
|
18.29
|
391.84
|
|
Peer Median
|
17.04
|
--
|
--
|
--
|
--
|
Asset Turnover
0.09
Higher than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
0.09
|
0.09
|
0.08
|
0.11
|
0.01
|
|
Peer Median
|
0.08
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
71.74
|
95.41
|
73.00
|
3,606.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
--
|
521.62
|
689.49
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
103.23
|
89.06
|
160.01
|
399.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
--
|
527.96
|
602.48
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.36
Lower than Peers by 6.64
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
10.36
|
9.47
|
9.16
|
7.13
|
189.09
|
|
Peer Median
|
17.00
|
--
|
--
|
--
|
--
|
Price / Book Value
0.79
Lower than Peers by 0.01
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
0.79
|
0.83
|
0.85
|
0.76
|
0.74
|
|
Peer Median
|
0.80
|
--
|
--
|
--
|
--
|
Dividend Yield
12.29
No difference
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
12.29
|
--
|
--
|
--
|
--
|
|
Peer Median
|
12.29
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
--
|
11.87
|
21.72
|
-11,578.70
|
15.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
900
Higher than Peers by 843
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Barings BDC (BBDC)
|
900
|
--
|
--
|
--
|
--
|
|
Peer Median
|
58
|
--
|
--
|
--
|
--
|