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Golub Capital BDCFRA:OGL +1.64%61 5-Year Yield-on-Cost % is 16.16 as of Jul. 14, 2026, which is 36% above its 10-year median of 11.85. GuruFocus rates FRA:OGL with a GF Score™ of 61/100 and a GF Value™ of €7.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,114 Asset Management companies, Golub Capital BDC ranks better than 89.05% on this metric.
Golub Capital BDC's yield on cost for the quarter that ended in Mar. 2026 was 16.16.
The historical rank and industry rank for Golub Capital BDC's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:OGL'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.93 Med: 11.85 Max: 19.25
Current: 16.16
During the past 13 years, Golub Capital BDC's highest Yield on Cost was 19.25. The lowest was 8.93. And the median was 11.85.
FRA:OGL's 5-Year Yield-on-Cost % is ranked better than 89.05% of 1114
companies
in the Asset Management industry
Industry Median: 6.45
vs FRA:OGL: 16.16
Golub Capital BDC (FRA:OGL) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Golub Capital BDC 5-Year Yield-on-Cost % Related Terms
FRA:OGL vs STEP, CSQ, AB: 5-Year Yield-on-Cost % Comparison
For the Asset Management subindustry, Golub Capital BDC's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.
Golub Capital BDC 5-Year Yield-on-Cost % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Golub Capital BDC's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Golub Capital BDC's 5-Year Yield-on-Cost % falls into.
Golub Capital BDC 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Golub Capital BDC (FRA:OGL) has a 5-Year Yield-on-Cost % of 16.16 as of Jul. 14, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Golub Capital BDC and its competitors. This is 36% above median its historical median of 11.85. Over the past decade, Golub Capital BDC's 5-Year Yield-on-Cost % has ranged from 8.93 to 19.25. According to the industry distribution chart, Golub Capital BDC ranks #122 out of 1114 companies in the Asset Management industry, placing it in the top 11%.
Is Golub Capital BDC's 5-Year Yield-on-Cost % too high?
Golub Capital BDC's current 5-Year Yield-on-Cost % of 16.16 is 36% above median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 19.25. The Asset Management industry median 5-Year Yield-on-Cost % is 6.45. Golub Capital BDC's value of 16.16 is 150.5% above this industry median. Based on the distribution chart, Golub Capital BDC ranks #122 out of 1114 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Golub Capital BDC has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golub Capital BDC's 5-Year Yield-on-Cost % compare to STEP and CSQ?
According to the Asset Management industry distribution chart, Golub Capital BDC ranks #122 out of 1114 companies for 5-Year Yield-on-Cost %. This places Golub Capital BDC in the top 11% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 6.45. Golub Capital BDC's value of 16.16 is 150.5% above this benchmark. Historically, Golub Capital BDC's own 5-Year Yield-on-Cost % has ranged from 8.93 to 19.25 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 6.45, Golub Capital BDC has consistently been above 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 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.45, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golub Capital BDC's current 5-Year Yield-on-Cost % of 16.16 is 150.5% above 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Golub Capital BDC and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golub Capital BDC's current 5-Year Yield-on-Cost % is 16.16, which is 36% above median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golub Capital BDC stock overvalued right now?
Based on GuruFocus' analysis, Golub Capital BDC (FRA:OGL) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.63, compared to a current price of €11.16 — trading 46.2% above its estimated fair value. The current 5-Year Yield-on-Cost % is 16.16, which is 36% above median its 10-year median of 11.85 and 150.5% above the Asset Management industry median of 6.45. Golub Capital BDC's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Golub Capital BDC (FRA:OGL), the current 5-Year Yield-on-Cost % is 16.16 as of Jul. 14, 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 Golub Capital BDC (FRA:OGL) Overvalued in 2026?
Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued.
The current stock price of €11.16 is trading 46.2% above its estimated GF Value™ of €7.63.
GuruFocus considers Golub Capital BDC to be Significantly Overvalued.
Key valuation signals for FRA:OGL:
5-Year Yield-on-Cost %: 16.16 (36% above median its 10-year median of 11.85)
GF Value™: €7.63 vs. price of €11.16 (46.2% above fair value)
Industry Position: 150.5% above the Asset Management median (#122 of 1114)
No single metric tells the full story. See the FRA:OGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.
61GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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