Ares Capital Corporation Logo

Ares Capital Corporation

ARCC

(2.5)
Stock Price

20,75 USD

5.6% ROA

14.35% ROE

8.91x PER

Market Cap.

11.587.986.006,00 USD

107.18% DER

9.43% Yield

93.09% NPM

Ares Capital Corporation Stock Analysis

Ares Capital Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ares Capital Corporation Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

3 ROE

ROE in an average range (12.59%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (5.6%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.02x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

7 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (37) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 DER

The stock is burdened with a heavy load of debt (107%), making it financially unstable and potentially risky for investors.

10 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

Ares Capital Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ares Capital Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Ares Capital Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ares Capital Corporation Revenue
Year Revenue Growth
2004 4.380.848
2005 41.850.477 89.53%
2006 99.896.629 58.11%
2007 137.704.144 27.46%
2008 240.461.000 42.73%
2009 318.686.000 24.55%
2010 747.253.000 57.35%
2011 384.362.000 -94.41%
2012 553.771.000 30.59%
2013 541.333.000 -2.3%
2014 650.422.000 16.77%
2015 450.689.000 -44.32%
2016 551.000.000 18.21%
2017 749.000.000 26.44%
2018 879.000.000 14.79%
2019 824.000.000 -6.67%
2020 541.000.000 -52.31%
2021 1.678.000.000 67.76%
2022 741.000.000 -126.45%
2023 2.112.000.000 64.91%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ares Capital Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ares Capital Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 1.398.125 100%
2006 6.427.641 78.25%
2007 10.398.917 38.19%
2008 1.271.000 -718.17%
2009 83.606.000 98.48%
2010 53.948.000 -54.98%
2011 38.117.000 -41.53%
2012 31.743.000 -20.08%
2013 38.707.000 17.99%
2014 41.072.000 5.76%
2015 43.856.000 6.35%
2016 56.000.000 21.69%
2017 89.000.000 37.08%
2018 42.000.000 -111.9%
2019 45.000.000 6.67%
2020 38.000.000 -18.42%
2021 39.000.000 2.56%
2022 38.000.000 -2.63%
2023 48.000.000 20.83%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ares Capital Corporation EBITDA
Year EBITDA Growth
2004 3.190.488
2005 41.851.076 92.38%
2006 93.494.867 55.24%
2007 127.305.227 26.56%
2008 -102.189.000 224.58%
2009 228.203.000 144.78%
2010 777.496.000 70.65%
2011 450.315.000 -72.66%
2012 663.155.000 32.1%
2013 674.923.000 1.74%
2014 826.102.000 18.3%
2015 624.123.000 -32.36%
2016 682.000.000 8.49%
2017 912.000.000 25.22%
2018 1.117.000.000 18.35%
2019 809.000.000 -38.07%
2020 503.000.000 -60.83%
2021 1.596.000.000 68.48%
2022 1.062.000.000 -50.28%
2023 1.168.000.000 9.08%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ares Capital Corporation Gross Profit
Year Gross Profit Growth
2004 4.380.848
2005 41.850.477 89.53%
2006 99.896.629 58.11%
2007 137.704.144 27.46%
2008 178.250.000 22.75%
2009 254.945.000 30.08%
2010 618.360.000 58.77%
2011 200.382.000 -208.59%
2012 553.771.000 63.82%
2013 541.333.000 -2.3%
2014 650.422.000 16.77%
2015 450.689.000 -44.32%
2016 551.000.000 18.21%
2017 749.000.000 26.44%
2018 879.000.000 14.79%
2019 824.000.000 -6.67%
2020 541.000.000 -52.31%
2021 1.678.000.000 67.76%
2022 741.000.000 -126.45%
2023 2.112.000.000 64.91%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ares Capital Corporation Net Profit
Year Net Profit Growth
2004 3.190.488
2005 41.851.076 92.38%
2006 88.279.137 52.59%
2007 127.721.336 30.88%
2008 -139.455.000 191.59%
2009 -521.498.000 73.26%
2010 691.834.000 175.38%
2011 319.453.000 -116.57%
2012 508.178.000 37.14%
2013 488.521.000 -4.02%
2014 590.949.000 17.33%
2015 378.670.000 -56.06%
2016 474.000.000 20.11%
2017 667.000.000 28.94%
2018 858.000.000 22.26%
2019 793.000.000 -8.2%
2020 484.000.000 -63.84%
2021 1.567.000.000 69.11%
2022 600.000.000 -161.17%
2023 2.000.000.000 70%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ares Capital Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 2 100%
2006 2 0%
2007 1 0%
2008 -2 200%
2009 -5 80%
2010 4 266.67%
2011 2 -200%
2012 2 50%
2013 2 -100%
2014 2 0%
2015 1 0%
2016 2 0%
2017 2 0%
2018 2 50%
2019 2 -100%
2020 1 0%
2021 4 66.67%
2022 1 -200%
2023 4 66.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ares Capital Corporation Free Cashflow
Year Free Cashflow Growth
2004 -187.753.464
2005 -349.972.397 46.35%
2006 -518.262.178 32.47%
2007 -514.156.045 -0.8%
2008 -309.007.000 -66.39%
2009 434.171.000 171.17%
2010 -656.491.000 166.14%
2011 -396.914.000 -65.4%
2012 -250.932.000 -58.18%
2013 -1.297.603.000 80.66%
2014 -658.547.000 -97.04%
2015 360.384.000 282.73%
2016 707.000.000 49.03%
2017 -2.048.000.000 134.52%
2018 304.000.000 773.68%
2019 -1.210.000.000 125.12%
2020 -557.000.000 -117.24%
2021 -2.459.000.000 77.35%
2022 -1.359.000.000 -80.94%
2023 46.000.000 3054.35%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ares Capital Corporation Operating Cashflow
Year Operating Cashflow Growth
2004 -187.753.464
2005 -349.972.397 46.35%
2006 -518.262.178 32.47%
2007 -514.156.045 -0.8%
2008 -309.007.000 -66.39%
2009 434.171.000 171.17%
2010 -656.491.000 166.14%
2011 -396.914.000 -65.4%
2012 -250.932.000 -58.18%
2013 -1.297.603.000 80.66%
2014 -658.547.000 -97.04%
2015 360.384.000 282.73%
2016 707.000.000 49.03%
2017 -2.048.000.000 134.52%
2018 304.000.000 773.68%
2019 -1.210.000.000 125.12%
2020 -557.000.000 -117.24%
2021 -2.459.000.000 77.35%
2022 -1.359.000.000 -80.94%
2023 46.000.000 3054.35%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ares Capital Corporation Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ares Capital Corporation Equity
Year Equity Growth
2004 159.708.305
2005 569.612.199 71.96%
2006 789.433.404 27.85%
2007 1.124.549.923 29.8%
2008 1.094.879.000 -2.71%
2009 1.198.202.000 8.62%
2010 3.050.533.000 60.72%
2011 3.147.265.000 3.07%
2012 3.988.346.000 21.09%
2013 4.904.444.000 18.68%
2014 5.283.715.000 7.18%
2015 5.173.332.000 -2.13%
2016 5.165.000.000 -0.16%
2017 7.098.000.000 27.23%
2018 7.300.000.000 2.77%
2019 7.467.000.000 2.24%
2020 7.176.000.000 -4.06%
2021 8.868.000.000 19.08%
2022 9.555.000.000 7.19%
2023 10.815.000.000 11.65%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ares Capital Corporation Assets
Year Assets Growth
2004 220.455.614
2005 613.645.144 64.07%
2006 1.347.990.954 54.48%
2007 1.829.404.737 26.32%
2008 2.091.333.000 12.52%
2009 2.665.497.000 21.54%
2010 4.562.546.000 41.58%
2011 5.387.437.000 15.31%
2012 6.401.224.000 15.84%
2013 8.141.504.000 21.38%
2014 9.497.773.000 14.28%
2015 9.531.356.000 0.35%
2016 9.245.000.000 -3.1%
2017 12.347.000.000 25.12%
2018 12.895.000.000 4.25%
2019 14.905.000.000 13.49%
2020 16.196.000.000 7.97%
2021 20.843.000.000 22.3%
2022 22.398.000.000 6.94%
2023 22.920.000.000 2.28%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ares Capital Corporation Liabilities
Year Liabilities Growth
2004 60.747.309
2005 44.032.945 -37.96%
2006 558.557.550 92.12%
2007 704.854.814 20.76%
2008 996.454.000 29.26%
2009 1.467.295.000 32.09%
2010 1.512.013.000 2.96%
2011 2.240.172.000 32.5%
2012 2.412.878.000 7.16%
2013 3.237.060.000 25.46%
2014 4.214.058.000 23.18%
2015 4.358.024.000 3.3%
2016 4.080.000.000 -6.81%
2017 5.249.000.000 22.27%
2018 5.595.000.000 6.18%
2019 7.438.000.000 24.78%
2020 9.020.000.000 17.54%
2021 11.975.000.000 24.68%
2022 12.843.000.000 6.76%
2023 12.105.000.000 -6.1%

Ares Capital Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.48
Net Income per Share
2.28
Price to Earning Ratio
8.91x
Price To Sales Ratio
8.32x
POCF Ratio
22.42
PFCF Ratio
22.72
Price to Book Ratio
1.06
EV to Sales
16.26
EV Over EBITDA
16.9
EV to Operating CashFlow
44.38
EV to FreeCashFlow
44.38
Earnings Yield
0.11
FreeCashFlow Yield
0.04
Market Cap
11,59 Bil.
Enterprise Value
22,63 Bil.
Graham Number
31.44
Graham NetNet
-20.26

Income Statement Metrics

Net Income per Share
2.28
Income Quality
0.4
ROE
0.13
Return On Assets
0.06
Return On Capital Employed
0.06
Net Income per EBT
0.99
EBT Per Ebit
1.07
Ebit per Revenue
0.88
Effective Tax Rate
0.01

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.75
Operating Profit Margin
0.88
Pretax Profit Margin
0.94
Net Profit Margin
0.93

Dividends

Dividend Yield
0.09
Dividend Yield %
9.43
Payout Ratio
0.79
Dividend Per Share
1.92

Operating Metrics

Operating Cashflow per Share
0.91
Free CashFlow per Share
0.91
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.06
Return on Tangible Assets
0.06
Days Sales Outstanding
67.91
Days Payables Outstanding
-585.07
Days of Inventory on Hand
0
Receivables Turnover
5.37
Payables Turnover
-0.62
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,94
Book Value per Share
19,24
Tangible Book Value per Share
19.24
Shareholders Equity per Share
19.24
Interest Debt per Share
21.56
Debt to Equity
1.07
Debt to Assets
0.51
Net Debt to EBITDA
8.25
Current Ratio
37.1
Tangible Asset Value
10,82 Bil.
Net Current Asset Value
-11,36 Bil.
Invested Capital
1.07
Working Capital
0,72 Bil.
Intangibles to Total Assets
0
Average Receivables
0,22 Bil.
Average Payables
0,22 Bil.
Average Inventory
0
Debt to Market Cap
1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ares Capital Corporation Dividends
Year Dividends Growth
2004 0
2005 1 100%
2006 2 0%
2007 2 0%
2008 2 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 2 0%
2013 2 0%
2014 2 0%
2015 2 0%
2016 2 0%
2017 2 0%
2018 2 0%
2019 2 0%
2020 2 0%
2021 2 0%
2022 2 0%
2023 2 0%

Ares Capital Corporation Profile

About Ares Capital Corporation

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

CEO
Mr. Robert Kipp DeVeer III
Employee
1.200
Address
2000 Avenue of the Stars
Los Angeles, 90067

Ares Capital Corporation Executives & BODs

Ares Capital Corporation Executives & BODs
# Name Age
1 Mr. John W. Stilmar
Partner & Co-Head of Public Markets Investor Relations
70
2 Mr. Scott C. Lem
Chief Financial Officer & Treasurer
70
3 Ms. Lisa A. Morgan
Chief Compliance Officer
70
4 Ms. Jana Markowicz
Chief Operating Officer
70
5 Mr. Paul Cho
Chief Accounting Officer
70
6 Mr. Kort Schnabel
Co-President, Partner & Co-Head of U.S. Direct Lending
70
7 Mr. Joshua M. Bloomstein J.D.
Vice President, General Counsel & Secretary
70
8 Mr. Michael J. Arougheti
Co-Chairman & Executive Vice President
70
9 Mr. Robert Kipp DeVeer III
Chief Executive Officer & Director
70
10 Mr. Bennett Rosenthal
Co-Founder & Co-Chairman
70

Ares Capital Corporation Competitors