BCP Investment Corporation (BCIC) AI Stock Analysis

• Market Cap: $165.09M
• Dividend Yield: 15.59%
• Average Volume (3M): 51.11K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.32
• Revenue Growth: -5.23%
• EPS Growth: 193.87%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.70
• Shares Outstanding: 13,081,251
• 10 Day Avg. Volume: 53,589
• 30 Day Avg. Volume: 51,106
• PEG Ratio: 0.17
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 7.33
• P/FCF Ratio: 2.68
• Enterprise Value/Market Cap: 2.45
• Enterprise Value/Revenue: 10.43
• Enterprise Value/Gross Profit: 20.02
• Enterprise Value/Ebitda: 28.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: $12.50 ▲(9.94% Upside)

The overall stock score reflects a balanced view of BCIC's financial stability and growth potential. The company's strong equity base and cash flow generation are offset by declining revenues and net income. Positive technical indicators and strategic initiatives from the earnings call, such as the merger and share repurchases, support the stock's potential, although valuation concerns due to a negative P/E ratio remain.

BCP Investment Corporation Business Overview & Revenue Model

Company Description

Portman Ridge Finance Corporation (PTMN) is a publicly traded business development company that focuses on providing customized financing solutions to middle-market companies. The company primarily invests in debt and equity of private companies across various sectors, including consumer products, healthcare, technology, and services. PTMN aims to support the growth and development of its portfolio companies while delivering attractive risk-adjusted returns to its shareholders.

How the Company Makes Money

Portman Ridge Finance generates revenue through interest income from its debt investments, which typically include secured loans, unsecured loans, and subordinated debt. The company also earns income from equity investments in the form of dividends and capital gains when it sells its equity stakes. Additionally, PTMN may charge fees for originating and managing investments in its portfolio. Significant partnerships with private equity firms and investment advisors contribute to its deal flow and network, enhancing its ability to identify profitable investment opportunities. Overall, PTMN's revenue model is primarily based on earning interest income and capital appreciation from its diversified investment portfolio.

BCP Investment Corporation Financial Statement Overview

Summary

Portman Ridge Finance shows strengths in maintaining a strong equity base and generating positive free cash flow. However, declining revenues and net income suggest potential operational inefficiencies or market pressures. The elimination of debt reduces financial risk, providing a more stable financial foundation despite recent profitability issues.

Income Statement

The income statement reveals fluctuating revenue trends with a recent decline from $58.4M in 2023 to $46.9M in 2024, indicating a revenue contraction. Gross profit margin remained stable at 100% due to equivalent gross profit and revenue figures. EBIT margin declined slightly from 92.6% in 2023 to 92.2% in 2024, reflecting tighter operational efficiency. Net income has dropped significantly to zero in 2024 from $11.4M in 2023, impacting the net profit margin negatively.

Balance Sheet

The balance sheet shows a strong equity position with stockholders' equity at $178.5M against total assets of $453.6M, resulting in a healthy equity ratio of 39.4%. The company has significantly reduced its debt, leading to a zero debt-to-equity ratio, which minimizes leverage risk. However, the decline in stockholders' equity from $213.5M in 2023 suggests challenges in maintaining asset growth.

Cash Flow

Cash flow analysis indicates stable free cash flow at $56.6M in 2024. The company has managed positive operating cash flow of $56.6M, although it has decreased significantly from $120.9M in 2023. The operating cash flow to net income ratio is not calculable due to zero net income, but the substantial free cash flow to net income in previous years highlights efficient cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.86M	20.68M	43.35M	6.04M	52.39M	47.74M
Gross Profit	20.24M	-98.00K	18.05M	-11.66M	38.75M	37.46M
EBITDA	14.45M	-6.79M	10.97M	-20.21M	27.47M	31.57M
Net Income	16.49M	-5.93M	11.38M	-21.00M	26.03M	31.57M
Balance Sheet
Total Assets	567.84M	453.63M	549.24M	619.49M	648.30M	600.18M
Cash, Cash Equivalents and Short-Term Investments	2.84M	17.53M	26.91M	5.15M	28.92M	6.99M
Total Debt	2.37M	265.14M	322.41M	373.31M	347.19M	373.31M
Total Liabilities	336.54M	275.14M	335.72M	387.36M	368.18M	383.91M
Stockholders Equity	231.30M	178.49M	213.52M	232.12M	280.12M	216.26M
Cash Flow
Free Cash Flow	30.84M	9.36M	22.14M	-33.10M	61.15M	121.68M
Operating Cash Flow	30.84M	9.36M	22.14M	-33.10M	61.15M	121.68M
Investing Cash Flow	4.28M	47.27M	98.76M	-61.24M	48.90M	97.06B
Financing Cash Flow	-125.17M	-88.25M	-82.47M	-2.11M	-75.71M	-43.88M

BCP Investment Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCIC, the sentiment is Positive. The current price of 11.37 is below the 20-day moving average (MA) of 12.14, below the 50-day MA of 11.90, and below the 200-day MA of 12.39, indicating a bullish trend. The MACD of 0.29 indicates Negative momentum. The RSI at 59.59 is Neutral, neither overbought nor oversold. The STOCH value of 47.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BCIC.

BCP Investment Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OFS	70 Outperform	$68.46M	21.19	2.25%	22.78%	-14.76%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WHF	67 Neutral	$165.96M	46.67	3.51%	23.33%	-55.82%	-4.97%
MRCC	61 Neutral	$139.96M	―	-2.25%	16.23%	-34.92%	-132.22%
BCIC	60 Neutral	$165.09M	11.68	7.87%	15.59%	-5.23%	193.87%
OXSQ	48 Neutral	$151.91M	―	-1.61%	22.22%	-177.91%	55.08%

BCP Investment Corporation Corporate Events

Portman Ridge Finance Reports Q3 2025 Earnings

Portman Ridge Finance Corporation, operating in the financial services sector, specializes in investment management and financing solutions, with a focus on business development companies. The company recently released its earnings report for the quarter ending September 30, 2025, showcasing significant financial activities and strategic developments.

BCP Investment Corporation to Redeem 2026 Notes

On October 10, 2025, BCP Investment Corporation entered into a note purchase agreement to issue and sell $35 million in 7.50% notes due 2028 and $75 million in 7.75% notes due 2030. The proceeds will be used to redeem its 4.875% notes due 2026 and pay down existing debt. The notes are unsecured obligations, ranking senior to subordinated debt and pari passu with other unsecured debt. The company has also entered into supplemental indentures and agreed to maintain a rating for the notes. On October 14, 2025, BCP notified the trustee of its intention to redeem the $108 million principal amount of the 2026 notes, with completion expected by November 13, 2025.

The most recent analyst rating on (BCIC) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on BCP Investment Corporation stock, see the BCIC Stock Forecast page.