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FDUS vs GAIN vs SLRC
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
FDUS vs GAIN vs SLRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management |
| Market Cap | $728M | $677M | $871M |
| Revenue (TTM) | $159M | $90M | $220M |
| Net Income (TTM) | $82M | $130M | $73M |
| Gross Margin | 72.6% | 68.6% | 73.3% |
| Operating Margin | 76.1% | 72.7% | 72.9% |
| Forward P/E | 9.5x | 41.2x | 8.7x |
| Total Debt | $231M | $456M | $1.15B |
| Cash & Equiv. | $70M | $14M | $16M |
FDUS vs GAIN vs SLRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Fidus Investment Co… (FDUS) | 100 | 194.8 | +94.8% |
| Gladstone Investmen… (GAIN) | 100 | 150.7 | +50.7% |
| SLR Investment Corp. (SLRC) | 100 | 82.9 | -17.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FDUS vs GAIN vs SLRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FDUS is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.67, yield 11.1%
- Rev growth 40.1%, EPS growth -3.3%
- Lower volatility, beta 0.67, Low D/E 31.1%, current ratio 25.62x
GAIN carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 324.1% 10Y total return vs FDUS's 145.4%
- 72.7% margin vs SLRC's 42.0%
- Beta 0.53 vs SLRC's 0.76, lower leverage
SLRC is the clearest fit if your priority is valuation efficiency.
- PEG 0.24 vs FDUS's 0.76
- Lower P/E (8.7x vs 41.2x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.1% NII/revenue growth vs GAIN's -12.9% | |
| Value | Lower P/E (8.7x vs 41.2x) | |
| Quality / Margins | 72.7% margin vs SLRC's 42.0% | |
| Stability / Safety | Beta 0.53 vs SLRC's 0.76, lower leverage | |
| Dividends | 11.1% yield, vs GAIN's 9.8% | |
| Momentum (1Y) | +34.4% vs FDUS's +13.2% | |
| Efficiency (ROA) | 10.5% ROA vs SLRC's 2.9%, ROIC 5.3% vs 5.8% |
FDUS vs GAIN vs SLRC — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GAIN leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLRC is the larger business by revenue, generating $220M annually — 2.4x GAIN's $90M. GAIN is the more profitable business, keeping 72.7% of every revenue dollar as net income compared to SLRC's 42.0%.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $159M | $90M | $220M |
| EBITDAEarnings before interest/tax | $120M | $58M | $92M |
| Net IncomeAfter-tax profit | $82M | $130M | $73M |
| Free Cash FlowCash after capex | -$147M | -$82M | $20M |
| Gross MarginGross profit ÷ Revenue | +72.6% | +68.6% | +73.3% |
| Operating MarginEBIT ÷ Revenue | +76.1% | +72.7% | +72.9% |
| Net MarginNet income ÷ Revenue | +51.7% | +72.7% | +42.0% |
| FCF MarginFCF ÷ Revenue | -92.3% | +126.8% | -32.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -3.8% | +58.1% | -100.0% |
Valuation Metrics
SLRC leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 8.3x trailing earnings, FDUS trades at a 13% valuation discount to GAIN's 9.6x P/E. Adjusting for growth (PEG ratio), SLRC offers better value at 0.26x vs FDUS's 0.65x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $728M | $677M | $871M |
| Enterprise ValueMkt cap + debt − cash | $889M | $1.1B | $2.0B |
| Trailing P/EPrice ÷ TTM EPS | 8.27x | 9.55x | 9.39x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.54x | 41.16x | 8.66x |
| PEG RatioP/E ÷ EPS growth rate | 0.65x | — | 0.26x |
| EV / EBITDAEnterprise value multiple | 7.39x | 17.12x | 12.24x |
| Price / SalesMarket cap ÷ Revenue | 4.57x | 7.53x | 3.96x |
| Price / BookPrice ÷ Book value/share | 0.92x | 1.25x | 0.87x |
| Price / FCFMarket cap ÷ FCF | — | 5.94x | — |
Profitability & Efficiency
FDUS leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
GAIN delivers a 21.9% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $7 for SLRC. FDUS carries lower financial leverage with a 0.31x debt-to-equity ratio, signaling a more conservative balance sheet compared to SLRC's 1.15x. On the Piotroski fundamental quality scale (0–9), FDUS scores 5/9 vs SLRC's 4/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | +11.7% | +21.9% | +7.3% |
| ROA (TTM)Return on assets | +6.3% | +10.5% | +2.9% |
| ROICReturn on invested capital | +8.6% | +5.3% | +5.8% |
| ROCEReturn on capital employed | +9.5% | +6.8% | +7.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 4 |
| Debt / EquityFinancial leverage | 0.31x | 0.91x | 1.15x |
| Net DebtTotal debt minus cash | $161M | $441M | $1.1B |
| Cash & Equiv.Liquid assets | $70M | $14M | $16M |
| Total DebtShort + long-term debt | $231M | $456M | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 3.40x | 1.58x | 2.05x |
Total Returns (Dividends Reinvested)
GAIN leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FDUS five years ago would be worth $18,024 today (with dividends reinvested), compared to $13,002 for SLRC. Over the past 12 months, GAIN leads with a +34.4% total return vs FDUS's +13.2%. The 3-year compound annual growth rate (CAGR) favors GAIN at 16.9% vs FDUS's 12.1% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +0.9% | +24.2% | +6.2% |
| 1-Year ReturnPast 12 months | +13.2% | +34.4% | +14.6% |
| 3-Year ReturnCumulative with dividends | +41.1% | +59.9% | +47.7% |
| 5-Year ReturnCumulative with dividends | +80.2% | +74.3% | +30.0% |
| 10-Year ReturnCumulative with dividends | +145.4% | +324.1% | +75.4% |
| CAGR (3Y)Annualised 3-year return | +12.1% | +16.9% | +13.9% |
Risk & Volatility
GAIN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GAIN is the less volatile stock with a 0.53 beta — it tends to amplify market swings less than SLRC's 0.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GAIN currently trades 99.8% from its 52-week high vs FDUS's 86.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.67x | 0.53x | 0.76x |
| 52-Week HighHighest price in past year | $22.09 | $17.04 | $17.20 |
| 52-Week LowLowest price in past year | $16.86 | $13.11 | $13.78 |
| % of 52W HighCurrent price vs 52-week peak | +86.8% | +99.8% | +92.8% |
| RSI (14)Momentum oscillator 0–100 | 63.2 | 77.5 | 61.3 |
| Avg Volume (50D)Average daily shares traded | 284K | 363K | 342K |
Analyst Outlook
FDUS leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: FDUS as "Buy", GAIN as "Hold", SLRC as "Buy". Consensus price targets imply 1.8% upside for SLRC (target: $16) vs -11.8% for GAIN (target: $15). For income investors, FDUS offers the higher dividend yield at 11.09% vs GAIN's 9.76%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | — | $15.00 | $16.25 |
| # AnalystsCovering analysts | 12 | 7 | 15 |
| Dividend YieldAnnual dividend ÷ price | +11.1% | +9.8% | +10.3% |
| Dividend StreakConsecutive years of raises | 0 | 0 | 0 |
| Dividend / ShareAnnual DPS | $2.13 | $1.66 | $1.64 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% |
GAIN leads in 3 of 6 categories (Income & Cash Flow, Total Returns). FDUS leads in 2 (Profitability & Efficiency, Analyst Outlook).
FDUS vs GAIN vs SLRC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is FDUS or GAIN or SLRC a better buy right now?
For growth investors, Fidus Investment Corporation (FDUS) is the stronger pick with 40.
1% revenue growth year-over-year, versus -12. 9% for Gladstone Investment Corporation (GAIN). Fidus Investment Corporation (FDUS) offers the better valuation at 8. 3x trailing P/E (9. 5x forward), making it the more compelling value choice. Analysts rate Fidus Investment Corporation (FDUS) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FDUS or GAIN or SLRC?
On trailing P/E, Fidus Investment Corporation (FDUS) is the cheapest at 8.
3x versus Gladstone Investment Corporation at 9. 6x. On forward P/E, SLR Investment Corp. is actually cheaper at 8. 7x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: SLR Investment Corp. wins at 0. 24x versus Fidus Investment Corporation's 0. 76x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — FDUS or GAIN or SLRC?
Over the past 5 years, Fidus Investment Corporation (FDUS) delivered a total return of +80.
2%, compared to +30. 0% for SLR Investment Corp. (SLRC). Over 10 years, the gap is even starker: GAIN returned +322. 9% versus SLRC's +64. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FDUS or GAIN or SLRC?
By beta (market sensitivity over 5 years), Gladstone Investment Corporation (GAIN) is the lower-risk stock at 0.
53β versus SLR Investment Corp. 's 0. 76β — meaning SLRC is approximately 43% more volatile than GAIN relative to the S&P 500. On balance sheet safety, Fidus Investment Corporation (FDUS) carries a lower debt/equity ratio of 31% versus 115% for SLR Investment Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — FDUS or GAIN or SLRC?
By revenue growth (latest reported year), Fidus Investment Corporation (FDUS) is pulling ahead at 40.
1% versus -12. 9% for Gladstone Investment Corporation (GAIN). On earnings-per-share growth, the picture is similar: Fidus Investment Corporation grew EPS -3. 3% year-over-year, compared to -27. 9% for Gladstone Investment Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FDUS or GAIN or SLRC?
Gladstone Investment Corporation (GAIN) is the more profitable company, earning 72.
7% net margin versus 42. 0% for SLR Investment Corp. — meaning it keeps 72. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FDUS leads at 76. 1% versus 72. 7% for GAIN. At the gross margin level — before operating expenses — SLRC leads at 73. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FDUS or GAIN or SLRC more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, SLR Investment Corp. (SLRC) is the more undervalued stock at a PEG of 0. 24x versus Fidus Investment Corporation's 0. 76x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, SLR Investment Corp. (SLRC) trades at 8. 7x forward P/E versus 41. 2x for Gladstone Investment Corporation — 32. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SLRC: 1. 8% to $16. 25.
08Which pays a better dividend — FDUS or GAIN or SLRC?
All stocks in this comparison pay dividends.
Fidus Investment Corporation (FDUS) offers the highest yield at 11. 1%, versus 9. 8% for Gladstone Investment Corporation (GAIN).
09Is FDUS or GAIN or SLRC better for a retirement portfolio?
For long-horizon retirement investors, Gladstone Investment Corporation (GAIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
53), 9. 8% yield, +322. 9% 10Y return). Both have compounded well over 10 years (GAIN: +322. 9%, SLRC: +64. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FDUS and GAIN and SLRC?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FDUS is a small-cap high-growth stock; GAIN is a small-cap deep-value stock; SLRC is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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