Head-To-Head Contrast: TICC Capital Corp. (TICC) vs. Its Peers
TICC Capital Corp. (NASDAQ: TICC) is one of 576 publicly-traded companies in the “Closed End Funds” industry, but how does it contrast to its peers? We will compare TICC Capital Corp. to related companies based on the strength of its institutional ownership, dividends, analyst recommendations, risk, profitability, valuation and earnings.
TICC Capital Corp. pays an annual dividend of $0.80 per share and has a dividend yield of 12.0%. TICC Capital Corp. pays out 45.2% of its earnings in the form of a dividend. As a group, “Closed End Funds” companies pay a dividend yield of 8.8% and pay out 87.0% of their earnings in the form of a dividend. TICC Capital Corp. is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Earnings and Valuation
This table compares TICC Capital Corp. and its peers revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|TICC Capital Corp.||$70.44 million||N/A||3.77|
|TICC Capital Corp. Competitors||$57.58 million||$38.88 million||0.06|
TICC Capital Corp. has higher revenue, but lower earnings than its peers. TICC Capital Corp. is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
TICC Capital Corp. has a beta of 0.68, indicating that its share price is 32% less volatile than the S&P 500. Comparatively, TICC Capital Corp.’s peers have a beta of 0.55, indicating that their average share price is 45% less volatile than the S&P 500.
This is a summary of current recommendations and price targets for TICC Capital Corp. and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|TICC Capital Corp.||3||0||0||0||1.00|
|TICC Capital Corp. Competitors||197||1200||1418||14||2.44|
TICC Capital Corp. presently has a consensus price target of $6.00, suggesting a potential downside of 10.04%. As a group, “Closed End Funds” companies have a potential upside of 47.69%. Given TICC Capital Corp.’s peers stronger consensus rating and higher possible upside, analysts plainly believe TICC Capital Corp. has less favorable growth aspects than its peers.
This table compares TICC Capital Corp. and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|TICC Capital Corp.||142.50%||7.50%||4.53%|
|TICC Capital Corp. Competitors||-45.87%||6.95%||5.35%|
Insider & Institutional Ownership
17.4% of TICC Capital Corp. shares are held by institutional investors. Comparatively, 23.2% of shares of all “Closed End Funds” companies are held by institutional investors. 5.9% of TICC Capital Corp. shares are held by insiders. Comparatively, 3.5% of shares of all “Closed End Funds” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
TICC Capital Corp. beats its peers on 8 of the 14 factors compared.
TICC Capital Corp. Company Profile
TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans. The Company holds interests in structured finance investments, including collateralized loan obligation (CLO) investment vehicles that own debt securities. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle. The Company may also invest in publicly traded debt and/or equity securities. Its portfolio includes its investments in various industries, such as structured finance, telecommunication services, business services, printing and publishing, and financial intermediaries. TICC Management, LLC is its investment advisor.
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