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Goldmanchs BDCGSBD +0.42%51 ROA % is 2.86% as of Jun. 2026, which is 24% below its 10-year median of 3.74. GuruFocus rates GSBD with a GF Score™ of 51/100 and a GF Value™ of $7.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,618 Asset Management companies, Goldmanchs BDC ranks worse than 64.71% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Goldmanchs BDC's annualizedNet Income for the quarter that ended in Jun. 2026 was $94.73 Mil.
Goldmanchs BDC's average Total Assets over the quarter that ended in Jun. 2026 was $3,315.33 Mil. Therefore, Goldmanchs BDC's annualized ROA % for the quarter that ended in Jun. 2026 was 2.86%.
The historical rank and industry rank for Goldmanchs BDC's ROA % or its related term are showing as below:
GSBD'
s ROA % Range Over the Past 10 Years
Min: 1.54 Med: 3.74 Max: 7.36
Current: 1.74
During the past 13 years, Goldmanchs BDC's highest ROA % was 7.36%. The lowest was 1.54%. And the median was 3.74%.
GSBD's ROA % is ranked worse than 64.71% of 1618
companies
in the Asset Management industry
Industry Median: 4.49
vs GSBD: 1.74
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Goldmanchs BDC ROA % Related Terms
Goldmanchs BDC ROA % Historical Data
* Premium members only.
The historical data trend for Goldmanchs BDC's ROA % 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.
For the Asset Management subindustry, Goldmanchs BDC's ROA %, along with its competitors' market caps and ROA % 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.
Goldmanchs BDC ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Goldmanchs BDC's ROA % distribution charts can be found below:
* The bar in red indicates where Goldmanchs BDC's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Goldmanchs BDC (GSBD) has a ROA % of 2.86% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Goldmanchs BDC and its competitors. This is 24% below median its historical median of 3.74. Over the past decade, Goldmanchs BDC's ROA % has ranged from 1.54 to 7.36. According to the industry distribution chart, Goldmanchs BDC ranks #1047 out of 1618 companies in the Asset Management industry, placing it in the top 64.7%.
Is Goldmanchs BDC's ROA % too high?
Goldmanchs BDC's current ROA % of 2.86% is 24% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 7.36. The Asset Management industry median ROA % is 4.49. Goldmanchs BDC's value of 2.86% is 36.3% below this industry median. Based on the distribution chart, Goldmanchs BDC ranks #1047 out of 1618 companies in the Asset Management industry, which is below the industry midpoint. Overall, Goldmanchs BDC has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldmanchs BDC's ROA % compare to FRBP and AOD?
According to the Asset Management industry distribution chart, Goldmanchs BDC ranks #1047 out of 1618 companies for ROA %. This places Goldmanchs BDC in the lower half of its industry. The industry median ROA % is 4.49. Goldmanchs BDC's value of 2.86% is 36.3% below this benchmark. Historically, Goldmanchs BDC's own ROA % has ranged from 1.54 to 7.36 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 4.49, Goldmanchs BDC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.49, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goldmanchs BDC's current ROA % of 2.86% is 36.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Goldmanchs BDC and its competitors. For the Asset Management industry, the median ROA % is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldmanchs BDC's current ROA % is 2.86%, which is 24% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldmanchs BDC stock overvalued right now?
Based on GuruFocus' analysis, Goldmanchs BDC (GSBD) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.47, compared to a current price of $9.62 — trading 28.8% above its estimated fair value. The current ROA % is 2.86%, which is 24% below median its 10-year median of 3.74 and 36.3% below the Asset Management industry median of 4.49. Goldmanchs BDC's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Goldmanchs BDC (GSBD), the current ROA % is 2.86% as of Jun. 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 Goldmanchs BDC (GSBD) Overvalued in 2026?
Based on GuruFocus' analysis, Goldmanchs BDC stock appears to be overvalued.
The current stock price of $9.62 is trading 28.8% above its estimated GF Value™ of $7.47.
GuruFocus considers Goldmanchs BDC to be Modestly Overvalued.
Key valuation signals for GSBD:
ROA %: 2.86% (24% below median its 10-year median of 3.74)
GF Value™: $7.47 vs. price of $9.62 (28.8% above fair value)
Industry Position: 36.3% below the Asset Management median (#1047 of 1618)
No single metric tells the full story. See the GSBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
51GF Score
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