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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 29, 2024)


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What is Blackstone Strategic Credit Fund Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-29), Blackstone Strategic Credit Fund's Intrinsic Value: Projected FCF is $0.00. The stock price of Blackstone Strategic Credit Fund is $11.77. Therefore, Blackstone Strategic Credit Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Blackstone Strategic Credit Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

BGB's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Blackstone Strategic Credit Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Blackstone Strategic Credit Fund's Intrinsic Value: Projected FCF 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.

Blackstone Strategic Credit Fund Intrinsic Value: Projected FCF Chart

Blackstone Strategic Credit Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
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Blackstone Strategic Credit Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Blackstone Strategic Credit Fund's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Blackstone Strategic Credit Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Blackstone Strategic Credit Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Blackstone Strategic Credit Fund's Price-to-Projected-FCF falls into.



Blackstone Strategic Credit Fund Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)



Blackstone Strategic Credit Fund  (NYSE:BGB) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Blackstone Strategic Credit Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=11.77/
=

* 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.


Blackstone Strategic Credit Fund Intrinsic Value: Projected FCF Related Terms

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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior Secured Loans) and high-yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable other: Portfolio Mngr,Mbr of Inv.Comm 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6

Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Headlines