BlackRock TCP Capital Statistics

Total Valuation

TCPC has a market cap or net worth of $948.35 million. The enterprise value is $2.14 billion.

Market Cap	948.35M
Enterprise Value	2.14B

Important Dates

The last earnings date was Wednesday, May 1, 2024, before market open.

Earnings Date	May 1, 2024
Ex-Dividend Date	Jun 14, 2024

Share Statistics

TCPC has 85.59 million shares outstanding. The number of shares has increased by 7.41% in one year.

Shares Outstanding	85.59M
Shares Change (YoY)	+7.41%
Shares Change (QoQ)	+7.41%
Owned by Insiders (%)	0.29%
Owned by Institutions (%)	20.93%
Float	n/a

Valuation Ratios

The trailing PE ratio is 31.66 and the forward PE ratio is 6.54. TCPC's PEG ratio is 0.88.

PE Ratio	31.66
Forward PE	6.54
PS Ratio	4.42
Forward PS	3.67
PB Ratio	0.99
P/FCF Ratio	5.70
PEG Ratio	0.88

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 30.38, with an EV/FCF ratio of 12.85.

EV / Earnings	102.62
EV / Sales	9.95
EV / EBITDA	30.38
EV / EBIT	30.38
EV / FCF	12.85

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	1.37
Debt / EBITDA	18.61
Debt / FCF	7.87
Interest Coverage	1.42

Financial Efficiency

Return on equity (ROE) is 2.70% and return on invested capital (ROIC) is 7.04%.

Return on Equity (ROE)	2.70%
Return on Assets (ROA)	1.10%
Return on Capital (ROIC)	7.04%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.12
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +6.95% in the last 52 weeks. The beta is 1.45, so TCPC's price volatility has been higher than the market average.

Beta (1Y)	1.45
52-Week Price Change	+6.95%
50-Day Moving Average	10.38
200-Day Moving Average	11.18
Relative Strength Index (RSI)	72.75
Average Volume (30 Days)	524,593

Short Selling Information

The latest short interest is 1.06 million, so 1.24% of the outstanding shares have been sold short.

Short Interest	1.06M
Short Previous Month	801,807
Short % of Shares Out	1.24%
Short % of Float	n/a
Short Ratio (days to cover)	2.51

Income Statement

In the last 12 months, TCPC had revenue of $214.75 million and earned $20.82 million in profits. Earnings per share was $0.35.

Revenue	214.75M
Gross Profit	167.69M
Operating Income	159.15M
Pretax Income	20.82M
Net Income	20.82M
EBITDA	70.31M
EBIT	70.31M
Earnings Per Share (EPS)	$0.35

Full Income Statement

Balance Sheet

The company has $120.57 million in cash and $1.31 billion in debt, giving a net cash position of -$1.19 billion or -$13.88 per share.

Cash & Cash Equivalents	120.57M
Total Debt	1.31B
Net Cash	-1.19B
Net Cash Per Share	-$13.88
Equity / Book Value	953.48M
Book Value Per Share	11.14
Working Capital	n/a

Full Balance Sheet

Cash Flow

Operating Cash Flow	166.28M
Capital Expenditures	n/a
Free Cash Flow	166.28M
FCF Per Share	$2.68

Full Cash Flow Statement

Margins

Gross margin is 78.09%, with operating and profit margins of 74.11% and 9.69%.

Gross Margin	78.09%
Operating Margin	74.11%
Pretax Margin	9.69%
Profit Margin	9.69%
EBITDA Margin	32.74%
EBIT Margin	32.74%
FCF Margin	77.43%

Dividends & Yields

This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 12.27%.

Dividend Per Share	$1.36
Dividend Yield	12.27%
Dividend Growth (YoY)	-45.69%
Years of Dividend Growth	n/a
Payout Ratio	388.57%
Buyback Yield	-7.41%
Shareholder Yield	4.86%
Earnings Yield	2.20%
FCF Yield	17.53%

Dividend Details

Analyst Forecast

The average price target for TCPC is $10.67, which is -3.70% lower than the current price. The consensus rating is "Hold".

Price Target	$10.67
Price Target Difference	-3.70%
Analyst Consensus	Hold
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	6