Crescent Capital BDC (CCAP) AI Stock Analysis

• Market Cap: $532.32M
• Dividend Yield: 13.2%
• Average Volume (3M): 211.68K
• Price to Earnings (P/E): 14.8
• Beta (1Y): 0.51
• Revenue Growth: -20.18%
• EPS Growth: -61.90%
• Country: US
• Employees: 230
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.46
• Shares Outstanding: 36,992,523
• 10 Day Avg. Volume: 256,865
• 30 Day Avg. Volume: 211,677
• PEG Ratio: -0.66
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 3.66
• P/FCF Ratio: 12.09
• Enterprise Value/Market Cap: 2.43
• Enterprise Value/Revenue: 8.46
• Enterprise Value/Gross Profit: 26.72
• Enterprise Value/Ebitda: 34.72
• 1Y Price Target: $16.17
• Price Target Upside: 12.37% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 1.8
• Revenue Forecast (FY): $169.20M

• Rating: 66 Neutral
• Price Target: $15.50 ▲(7.71% Upside)

Crescent Capital BDC's overall score is supported by strong financial performance and attractive valuation, particularly the high dividend yield. However, technical indicators suggest limited upward momentum, and challenges highlighted in the earnings call, such as NAV decline and tariff impacts, pose risks. The cautiously optimistic sentiment from the earnings call balances these factors.

Positive Factors

Strong Dividend Coverage

Stable dividend coverage reflects effective income management and provides a reliable income stream, enhancing investor confidence in the company's financial health.

Portfolio Stability and Risk Management

Improved non-accrual rates demonstrate effective risk management and portfolio stability, ensuring sustained income generation and reduced credit risk.

Strong Private Credit Platform

The active private credit platform supports growth opportunities and enhances the company's ability to generate attractive returns through strategic reinvestments.

Negative Factors

Net Asset Value Decline

A decline in NAV indicates potential weaknesses in asset valuation and could affect investor perception and future capital raising efforts.

Tariff Impact on Investments

Tariff-related challenges highlight vulnerability to external economic factors, potentially affecting future profitability and investment stability.

Potential Earnings Pressure

Earnings pressure from a lower rate environment could reduce income generation, impacting the company's ability to maintain current dividend levels.

Crescent Capital BDC Business Overview & Revenue Model

Company Description

Crescent Capital BDC, Inc. is as a business development company private equity / buyouts and loan fund. It specializes in directly investing. It specializes in middle market. The fund seeks to invest in United States.

How the Company Makes Money

Crescent Capital BDC generates revenue primarily through interest income from its investments in debt securities, as well as through dividend income from equity investments in its portfolio companies. The company earns interest on loans provided to middle-market companies, which typically offer higher yields than traditional fixed-income investments. Additionally, CCAP may charge fees for structuring and managing loans, providing further revenue streams. The company also benefits from capital appreciation in its equity investments, which can enhance overall returns. Strategic partnerships and relationships with financial institutions and investment firms can facilitate access to new investment opportunities and enhance its market positioning, contributing to its overall earnings.

Crescent Capital BDC Financial Statement Overview

Summary

Crescent Capital BDC demonstrates strong profitability and a solid financial position with effective leverage management. However, the company faces challenges in sustaining revenue growth and consistent cash flow generation. The balance sheet remains a strength, with a positive equity trend despite past fluctuations.

Income Statement

Crescent Capital BDC exhibits a strong net profit margin, reflecting effective cost management. However, revenue growth has been inconsistent year-on-year, and EBIT margins show volatility, indicating challenges in maintaining steady operational efficiency.

Balance Sheet

The company maintains a solid equity position, highlighted by a healthy equity ratio. The debt-to-equity ratio is favorable due to the absence of debt in the latest period, reducing financial risk. Historical fluctuations in stockholders' equity suggest some instability in asset management.

Cash Flow

Operating cash flow has seen improvement, but free cash flow growth is inconsistent. The operating cash flow to net income ratio is robust, indicating strong cash generation relative to earnings. However, historical volatility in cash flow from financing activities could pose risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	152.98M	142.44M	147.33M	52.10M	101.10M	62.02M
Gross Profit	48.46M	83.50M	92.46M	23.17M	84.93M	48.60M
EBITDA	37.29M	74.74M	84.11M	16.50M	87.28M	55.40M
Net Income	36.01M	73.65M	83.84M	15.54M	83.63M	54.67M
Balance Sheet
Total Assets	1.63B	1.66B	1.63B	1.30B	1.32B	1.05B
Cash, Cash Equivalents and Short-Term Investments	5.79M	10.13M	7.78M	6.40M	10.07M	1.90M
Total Debt	875.32M	875.84M	844.78M	654.46M	631.04M	471.93M
Total Liabilities	913.55M	915.64M	884.78M	690.34M	665.52M	494.15M
Stockholders Equity	714.08M	740.64M	742.59M	612.54M	652.28M	560.00M
Cash Flow
Free Cash Flow	37.09M	82.75M	61.81M	58.38M	28.45M	-61.80M
Operating Cash Flow	37.09M	82.75M	61.81M	58.38M	28.45M	-61.80M
Investing Cash Flow	12.09M	-23.85M	30.48M	-30.43M	-186.11M	-106.30M
Financing Cash Flow	-58.66M	-43.47M	-84.99M	-34.41M	166.32M	63.22M

Crescent Capital BDC Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.39
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCAP, the sentiment is Negative. The current price of 14.39 is below the 20-day moving average (MA) of 14.65, above the 50-day MA of 14.24, and below the 200-day MA of 14.50, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 46.71 is Neutral, neither overbought nor oversold. The STOCH value of 7.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CCAP.

Crescent Capital BDC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLAD	70 Neutral	$453.89M	7.96	11.86%	9.31%	41.12%	-40.68%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GAIN	67 Neutral	$538.00M	5.45	18.68%	11.02%	-45.46%	134.73%
CCAP	66 Neutral	$532.32M	14.81	4.92%	13.20%	-20.18%	-61.90%
PNNT	59 Neutral	$377.41M	11.53	6.83%	16.61%	-3.09%	200.66%
TCPC	58 Neutral	$449.66M	-49.67	-1.15%	21.13%	-91.81%	78.46%
CION	58 Neutral	$488.29M	18.68	3.22%	15.77%	-11.01%	-65.56%

Crescent Capital BDC Corporate Events

Crescent Capital BDC Secures $185 Million in Notes

On October 30, 2025, Crescent Capital BDC, Inc. entered into a Fourth Supplement to Note Purchase Agreement with institutional investors for the issuance of $185 million in senior unsecured notes, due between 2029 and 2031. The proceeds from these notes are intended for repaying existing indebtedness and general corporate purposes, potentially impacting the company’s financial flexibility and investment capabilities.