Fidus Investment (FDUS) AI Stock Analysis

• Market Cap: $711.84M
• Dividend Yield: 11.02%
• Average Volume (3M): 264.58K
• Price to Earnings (P/E): 8.7
• Beta (1Y): 0.52
• Revenue Growth: -14.09%
• EPS Growth: -27.46%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.57
• Shares Outstanding: 35,379,900
• 10 Day Avg. Volume: 254,743
• 30 Day Avg. Volume: 264,583
• PEG Ratio: -0.48
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 4.34
• P/FCF Ratio: -12.38
• Enterprise Value/Market Cap: 1.61
• Enterprise Value/Revenue: 7.28
• Enterprise Value/Gross Profit: 9.53
• Enterprise Value/Ebitda: 158.92
• 1Y Price Target: $21.80
• Price Target Upside: 6.29% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 65 Neutral
• Price Target: $21.00 ▲(2.39% Upside)

Fidus Investment's overall stock score is driven by its strong valuation and positive earnings call outlook, despite challenges in financial performance and technical indicators. The attractive P/E ratio and high dividend yield are significant strengths, while the mixed financial performance and technical analysis suggest caution.

Fidus Investment Business Overview & Revenue Model

Company Description

Fidus Investment Corporation (FDUS) is a business development company that primarily invests in middle-market companies located in the United States. The firm focuses on providing debt and equity financing solutions to these companies, typically targeting those with strong management teams and growth potential. Fidus offers a variety of investment products and services, including senior secured loans, subordinated debt, and equity investments, aimed at supporting the growth and expansion of its portfolio companies across various sectors such as healthcare, manufacturing, and technology.

How the Company Makes Money

Fidus Investment generates revenue primarily through interest income earned on its debt investments and dividends from its equity investments. The company invests in a diversified portfolio of middle-market companies, which allows it to collect interest payments on loans and receive equity returns as those companies grow. Additionally, Fidus may earn fee income from structuring and arranging financing deals. The firm's revenue model is further supported by its ability to leverage its investment expertise and market knowledge to identify profitable investment opportunities, as well as its strategic partnerships with financial institutions and investment firms, which can enhance deal flow and access to capital.

Fidus Investment Financial Statement Overview

Summary

Fidus Investment shows strong profitability margins and a solid balance sheet with low leverage, indicating financial stability. However, challenges in revenue growth and cash flow generation pose potential risks. Improvements in revenue generation and cash flow management are necessary to enhance financial performance.

Income Statement

Fidus Investment shows a mixed performance in its income statement. The company has a strong gross profit margin of 76.4% TTM, indicating efficient cost management. However, the net profit margin has slightly decreased to 50.1% TTM, and revenue growth is negative at -2.0% TTM, suggesting challenges in revenue generation. The EBIT margin is low at 4.2% TTM, indicating potential inefficiencies in operations. Overall, the income statement reflects stability in profitability but highlights concerns in revenue growth and operational efficiency.

Balance Sheet

The balance sheet of Fidus Investment reveals a solid equity position with a debt-to-equity ratio of 0.28 TTM, indicating low leverage and financial stability. The return on equity is moderate at 11.8% TTM, reflecting decent profitability relative to shareholder equity. The equity ratio stands at 55.0% TTM, showcasing a strong capital structure. Overall, the balance sheet demonstrates financial stability with low leverage, although the return on equity suggests room for improvement in generating returns for shareholders.

Cash Flow

Fidus Investment's cash flow statement indicates challenges in cash generation. The free cash flow growth rate is significantly negative at -279.3% TTM, highlighting issues in maintaining cash flow levels. However, the operating cash flow to net income ratio is strong at 45.9 TTM, suggesting efficient cash conversion from earnings. The free cash flow to net income ratio is stable at 1.0, indicating consistent cash flow relative to net income. Overall, the cash flow statement reflects concerns in cash flow growth, despite efficient cash conversion from earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	157.70M	157.74M	154.18M	159.77M	146.41M	85.12M
Gross Profit	120.52M	117.27M	130.11M	94.14M	90.45M	62.66M
EBITDA	7.22M	107.13M	102.60M	66.56M	142.10M	52.64M
Net Income	79.01M	78.29M	77.13M	35.82M	116.10M	31.23M
Balance Sheet
Total Assets	1.26B	1.16B	1.09B	935.96M	897.18M	875.74M
Cash, Cash Equivalents and Short-Term Investments	91.21M	57.16M	119.13M	62.35M	169.42M	124.31M
Total Debt	195.58M	474.89M	466.51M	410.10M	366.04M	443.25M
Total Liabilities	565.16M	508.45M	501.42M	455.62M	409.42M	464.98M
Stockholders Equity	692.30M	655.67M	589.47M	480.34M	487.76M	410.76M
Cash Flow
Free Cash Flow	14.93M	-55.31M	-29.46M	-105.54M	167.90M	55.96M
Operating Cash Flow	14.93M	-55.31M	-29.46M	-105.54M	167.90M	55.96M
Investing Cash Flow	-117.61B	-117.67B	-77.87M	-139.87B	126.05B	20.78M
Financing Cash Flow	27.96M	-6.67M	86.24M	-1.53M	-122.79M	53.33M

Fidus Investment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FDUS, the sentiment is Positive. The current price of 20.51 is above the 20-day moving average (MA) of 20.12, above the 50-day MA of 20.48, and above the 200-day MA of 19.85, indicating a bullish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 55.52 is Neutral, neither overbought nor oversold. The STOCH value of 87.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDUS.

Fidus Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VINP	76 Outperform	$719.09M	23.57	10.03%	5.49%	53.35%	-24.09%
NCDL	75 Outperform	$681.54M	7.55	10.37%	14.25%	13.19%	-18.24%
SLRC	71 Outperform	$779.04M	8.77	8.95%	11.30%	5.87%	-12.64%
CCAP	68 Neutral	$513.67M	11.63	5.98%	13.15%	-7.13%	-56.63%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FDUS	65 Neutral	$711.84M	8.72	11.80%	11.02%	-14.09%	-27.46%
TCPC	58 Neutral	$481.31M	―	-1.48%	22.86%	-48.53%	73.29%

Fidus Investment Corporate Events

Fidus Investment Launches New SPV Credit Facility

On October 16, 2025, Fidus Investment Corporation announced the establishment of a new special purpose vehicle credit facility with initial commitments of $175 million, which can be increased to $250 million. This facility, secured by the SPV’s assets, is expected to enhance Fidus’s financing capabilities and support its strategic growth objectives. Concurrently, the company terminated its previous revolving credit agreement and related security agreement, fulfilling all associated obligations, which marks a significant shift in its financial strategy.

The most recent analyst rating on (FDUS) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Fidus Investment stock, see the FDUS Stock Forecast page.

Fidus Investment Closes $100 Million Notes Issuance

On October 1, 2025, Fidus Investment Corporation announced an underwriting agreement for the issuance and sale of an additional $100 million in 6.750% Notes due 2030. This move is part of their strategy to expand their financial instruments, with the new notes being treated as a single series with existing notes. The issuance closed on October 3, 2025, increasing the total outstanding principal to $200 million. Additionally, Fidus plans to redeem $100 million of its 4.75% Notes due 2026 on November 3, 2025, as part of its financial restructuring efforts.

The most recent analyst rating on (FDUS) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Fidus Investment stock, see the FDUS Stock Forecast page.

Fidus Investment’s Earnings Call Highlights Cautious Optimism

The recent earnings call for Fidus Investment Company painted a picture of cautious optimism. The company reported a generally positive performance with increased net investment income and strong portfolio credit quality, alongside improved liquidity. However, these positives were balanced by a significant net realized loss and rising expenses. This mix of factors suggests a stable outlook, albeit with some caution due to non-recurring income components.

Fidus Investment Reports Strong Q2 2025 Financial Results

Fidus Investment Corporation is a financial services company specializing in providing customized debt and equity financing solutions to lower middle-market companies in the United States. The company operates as a business development company under the Investment Company Act of 1940.

Fidus Investment Reports Strong Q2 2025 Financial Results

On August 7, 2025, Fidus Investment Corporation announced its financial results for the second quarter ending June 30, 2025, reporting a total investment income of $40.0 million and a net investment income of $18.6 million. The company declared a total dividend of $0.57 per share for the third quarter of 2025, reflecting its continued strong portfolio performance and healthy credit quality. The announcement highlights Fidus’ strategic focus on investing in resilient business models and maintaining a portfolio structured for attractive risk-adjusted returns, despite a soft M&A environment.

The most recent analyst rating on (FDUS) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Fidus Investment stock, see the FDUS Stock Forecast page.