BCSF (Bain Capital Specialty Finance) Cyclically Adjusted FCF per Share: $-8.33 (As of Mar. 2026)


BCSF Bain Capital Specialty Finance Inc BCSF
65 GF Score
Price $12.64
GF Value $10.21
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bain Capital Specialty Finance Cyclically Adjusted FCF per Share?

Bain Capital Specialty Finance BCSF +0.08% 65 Cyclically Adjusted FCF per Share is $-8.33 as of Mar. 2026. GuruFocus rates BCSF with a GF Score™ of 65/100 and a GF Value™ of $10.21 (Modestly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Bain Capital Specialty Finance's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.411. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-8.33 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-03), Bain Capital Specialty Finance's current stock price is $12.64. Bain Capital Specialty Finance's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-8.33. Bain Capital Specialty Finance's Cyclically Adjusted Price-to-FCF of today is .


Bain Capital Specialty Finance  (NYSE:BCSF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Bain Capital Specialty Finance Cyclically Adjusted FCF per Share Related Terms


Bain Capital Specialty Finance Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Bain Capital Specialty Finance's Cyclically Adjusted FCF per Share 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.

Bain Capital Specialty Finance Cyclically Adjusted FCF per Share Chart

Bain Capital Specialty Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -8.44

Bain Capital Specialty Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.00 -8.75 -8.44 -8.33

BCSF vs EOI, MFIC, FFC: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Bain Capital Specialty Finance's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Bain Capital Specialty Finance Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bain Capital Specialty Finance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bain Capital Specialty Finance's Cyclically Adjusted Price-to-FCF falls into.


BCSF
65GF Score
Bain Capital Specialty Finance Inc BCSF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bain Capital Specialty Finance Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bain Capital Specialty Finance's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.411/330.2130*330.2130
=0.411

Current CPI (Mar. 2026) = 330.2130.

Bain Capital Specialty Finance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 -3.389 243.801 -4.590
201706 -11.212 244.955 -15.114
201709 -3.479 246.819 -4.654
201712 -17.098 246.524 -22.902
201803 -3.828 249.554 -5.065
201806 -7.825 251.989 -10.254
201809 -4.146 252.439 -5.423
201812 -6.260 251.233 -8.228
201903 -3.775 254.202 -4.904
201906 0.772 256.143 0.995
201909 -1.977 256.759 -2.543
201912 0.321 256.974 0.412
202003 -0.981 258.115 -1.255
202006 0.599 257.797 0.767
202009 1.128 260.280 1.431
202012 0.554 260.474 0.702
202103 2.708 264.877 3.376
202106 0.487 271.696 0.592
202109 -0.151 274.310 -0.182
202112 1.070 278.802 1.267
202203 -1.576 287.504 -1.810
202206 -2.764 296.311 -3.080
202209 -1.544 296.808 -1.718
202212 0.977 296.797 1.087
202303 -0.665 301.836 -0.728
202306 -0.136 305.109 -0.147
202309 1.894 307.789 2.032
202312 2.303 306.746 2.479
202403 -0.986 312.332 -1.042
202406 2.980 314.175 3.132
202409 -2.104 315.301 -2.204
202412 -0.310 315.605 -0.324
202503 -0.112 319.799 -0.116
202506 0.010 322.561 0.010
202509 0.139 324.800 0.141
202512 0.419 324.054 0.427
202603 0.411 330.213 0.411

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $-8.33 mean?
Bain Capital Specialty Finance (BCSF) has a Cyclically Adjusted FCF per Share of $-8.33 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bain Capital Specialty Finance and its competitors.
Is Bain Capital Specialty Finance's Cyclically Adjusted FCF per Share too high?
Bain Capital Specialty Finance's current Cyclically Adjusted FCF per Share is $-8.33. Overall, Bain Capital Specialty Finance has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bain Capital Specialty Finance's Cyclically Adjusted FCF per Share compare to EOI and MFIC?
Bain Capital Specialty Finance's Cyclically Adjusted FCF per Share of $-8.33 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bain Capital Specialty Finance and its competitors. Bain Capital Specialty Finance's current Cyclically Adjusted FCF per Share is $-8.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bain Capital Specialty Finance stock overvalued right now?
Based on GuruFocus' analysis, Bain Capital Specialty Finance (BCSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.21, compared to a current price of $12.64 — trading 23.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $-8.33. Bain Capital Specialty Finance's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Bain Capital Specialty Finance (BCSF), the current Cyclically Adjusted FCF per Share is $-8.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bain Capital Specialty Finance (BCSF) Overvalued in 2026?

Based on GuruFocus' analysis, Bain Capital Specialty Finance stock appears to be overvalued. The current stock price of $12.64 is trading 23.8% above its estimated GF Value™ of $10.21. GuruFocus considers Bain Capital Specialty Finance to be Modestly Overvalued.

Key valuation signals for BCSF:

  • Cyclically Adjusted FCF per Share: $-8.33
  • GF Value™: $10.21 vs. price of $12.64 (23.8% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the BCSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bain Capital Specialty Finance Business Description

Other Exchanges 618:Germany
Address 200 Clarendon Street, 37th Floor, Boston, MA, USA, 02116
Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company's objective is to provide risk-adjusted returns and current income to investors by investing in middle-market companies. Its portfolio of investments includes First Lien Senior Secured Loan, Preferred Equity, Equity Interest, Warrants, and Second Lien Senior Secured Loan, and others.
65GF Score

Get the complete analysis for BCSF

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.64
Price
$10.21
GF Value