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BlackRock TCP Capital (BlackRock TCP Capital) Price-to-Free-Cash-Flow : 6.21 (As of Apr. 25, 2024)


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What is BlackRock TCP Capital Price-to-Free-Cash-Flow?

As of today (2024-04-25), BlackRock TCP Capital's share price is $9.93. BlackRock TCP Capital's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.60. Hence, BlackRock TCP Capital's Price-to-Free-Cash-Flow Ratio for today is 6.21.

The historical rank and industry rank for BlackRock TCP Capital's Price-to-Free-Cash-Flow or its related term are showing as below:

TCPC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.8   Med: 12.45   Max: 181.63
Current: 6.21

During the past 13 years, BlackRock TCP Capital's highest Price-to-Free-Cash-Flow Ratio was 181.63. The lowest was 2.80. And the median was 12.45.

TCPC's Price-to-Free-Cash-Flow is ranked better than
77.18% of 1021 companies
in the Asset Management industry
Industry Median: 12.72 vs TCPC: 6.21

BlackRock TCP Capital's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.70. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.60.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of BlackRock TCP Capital was -54.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -8.80% per year.

During the past 13 years, BlackRock TCP Capital's highest 3-Year average Free Cash Flow per Share Growth Rate was 253.40% per year. The lowest was -45.10% per year. And the median was 14.50% per year.


BlackRock TCP Capital Price-to-Free-Cash-Flow Historical Data

The historical data trend for BlackRock TCP Capital's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock TCP Capital Price-to-Free-Cash-Flow Chart

BlackRock TCP Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.63 5.33 - 3.66 7.21

BlackRock TCP Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.66 4.35 3.64 7.74 7.21

Competitive Comparison of BlackRock TCP Capital's Price-to-Free-Cash-Flow

For the Asset Management subindustry, BlackRock TCP Capital's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock TCP Capital's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where BlackRock TCP Capital's Price-to-Free-Cash-Flow falls into.



BlackRock TCP Capital Price-to-Free-Cash-Flow Calculation

BlackRock TCP Capital's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=9.93/1.6
=6.21

BlackRock TCP Capital's Share Price of today is $9.93.
BlackRock TCP Capital's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.60.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

BlackRock TCP Capital  (NAS:TCPC) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


BlackRock TCP Capital Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of BlackRock TCP Capital's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock TCP Capital (BlackRock TCP Capital) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
Executives
Karen L Leets director 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Rajneesh Vig officer: Authorized Person, other: Officer of Advisor C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA X1 90405
Karyn Leigh Williams director C/O TENNENBAUM CAPITAL PARTNERS, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Erik L. Cuellar officer: Chief Financial Officer 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Philip M Tseng officer: Chief Operating Officer C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Charles Park officer: CCO 55 EAST 52ND STREET, NEW YORK NY 10055
Howard Levkowitz director, officer: Chairman & CEO C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul L Davis officer: Chief Compliance Officer, other: Officer of Investment Adviser TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, STE 1000, SANTA MONICA CA 90405
Brian F Wruble director TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Leitner officer: Authorized Person, other: Officer of Adviser C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH ST., SUITE 1000, SANTA MONICA CA 90405
Eric John Draut director 340 EAST RANDOLPH, SUITE 3101, CHICAGO IL 60601
Mark Holdsworth officer: Authorized Person, other: Officer of Investment Adviser 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
M. Freddie Reiss director 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405

BlackRock TCP Capital (BlackRock TCP Capital) Headlines

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