Kayne Anderson BDC Inc
Research Kayne Anderson BDC Inc (KBDC) on Bullrun: valuation model: 8.7% undervalued, market cap USD 895.25M, P/E 12.4, dividend yield 11.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerKBDC
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryAsset Management
- CurrencyUSD
- Valuation signal8.7% undervalued
- Market capUSD 895.25M
- P/E12.4
- Dividend yield11.9%
- Financial periodQ1 2026
- RevenueUSD 19.79M
- Net incomeUSD 88.73M
- Free cash flowUSD 39.81M
Valuation Snapshot
Bullrun's latest valuation model marks Kayne Anderson BDC Inc as 8.7% undervalued; latest market cap is USD 895.25M; P/E is 12.4; dividend yield is 11.9%.
Peer valuation comparison
Latest P/E is 12.42x versus a Financial Services sector median of 13.84x (10.2% below).
Latest dividend yield is 11.86% versus a Financial Services sector median of 3.86% (207.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 102.15M | USD 93.71M | -USD 98.72M | n/a | 1.67 | USD 18.03M | USD 1.12B | USD 1.11B |
| FY2024 | USD 123.76M | USD 131.94M | -USD 544.50M | n/a | 2.03 | USD 22.38M | USD 848.13M | USD 1.19B |
| FY2023 | n/a | USD 77.08M | n/a | n/a | 2.16 | USD 34.07M | USD 689.32M | USD 683.06M |
| FY2022 | n/a | USD 45.77M | n/a | n/a | 1.48 | USD 8.53M | n/a | USD 592.04M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 895.25M | 12.4 | 11.8% | 1.6 |
| 2025 | 2025-12-31 | USD 973.73M | 10.8 | 12.6% | 1.8 |
| 2024 | 2024-12-31 | USD 1.18B | 8.0 | 7.9% | 1.3 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.6 USD, yield 11.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.8 USD |
| FY2024 | 1.7 USD |
| FY2023 | 2.06 USD |
| FY2022 | 1.34 USD |
About Kayne Anderson BDC Inc
Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies.
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Frequently asked questions
Is Kayne Anderson BDC Inc overvalued or undervalued?
Bullrun's valuation model currently marks Kayne Anderson BDC Inc as 8.7% undervalued.
What is Kayne Anderson BDC Inc's market cap?
Kayne Anderson BDC Inc's market capitalization is USD 895.25M.
What is Kayne Anderson BDC Inc's P/E ratio?
Kayne Anderson BDC Inc's price-to-earnings (P/E) ratio is 12.4.
Does Kayne Anderson BDC Inc pay a dividend?
Kayne Anderson BDC Inc has a dividend yield of 11.9%.
What does Kayne Anderson BDC Inc do?
Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies.