Kayne Anderson BDC (NYSE:KBDC – Get Free Report) and Global Lights Acquisition (NASDAQ:GLAC – Get Free Report) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, institutional ownership, profitability, valuation and earnings.
Earnings and Valuation
This table compares Kayne Anderson BDC and Global Lights Acquisition”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Kayne Anderson BDC | $122.29 million | 9.15 | $77.07 million | N/A | N/A |
Global Lights Acquisition | N/A | N/A | N/A | N/A | N/A |
Kayne Anderson BDC has higher revenue and earnings than Global Lights Acquisition.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Kayne Anderson BDC | 0 | 2 | 2 | 1 | 2.80 |
Global Lights Acquisition | 0 | 0 | 0 | 0 | 0.00 |
Kayne Anderson BDC presently has a consensus price target of $17.30, suggesting a potential upside of 9.93%. Given Kayne Anderson BDC’s stronger consensus rating and higher probable upside, analysts clearly believe Kayne Anderson BDC is more favorable than Global Lights Acquisition.
Insider and Institutional Ownership
83.4% of Global Lights Acquisition shares are held by institutional investors. 3.2% of Kayne Anderson BDC shares are held by company insiders. Comparatively, 23.1% of Global Lights Acquisition shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Profitability
This table compares Kayne Anderson BDC and Global Lights Acquisition’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Kayne Anderson BDC | 59.80% | 12.65% | 6.77% |
Global Lights Acquisition | N/A | N/A | N/A |
Summary
Kayne Anderson BDC beats Global Lights Acquisition on 8 of the 10 factors compared between the two stocks.
About Kayne Anderson BDC
Kayne Anderson BDC Inc. is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc. is based in CHICAGO.
About Global Lights Acquisition
Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.
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