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FDUS vs GAIN vs SLRC vs CSWC vs TPVG
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
Asset Management
Asset Management
FDUS vs GAIN vs SLRC vs CSWC vs TPVG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management | Asset Management | Asset Management |
| Market Cap | $700M | $657M | $745M | $1.43B | $243M |
| Revenue (TTM) | $159M | $90M | $220M | $164M | $97M |
| Net Income (TTM) | $87M | $130M | $73M | $103M | $-12M |
| Gross Margin | 72.6% | 68.6% | 73.3% | 66.5% | 83.5% |
| Operating Margin | 76.1% | 72.7% | 72.9% | 48.5% | 77.9% |
| Forward P/E | 9.2x | 40.7x | 8.5x | 10.1x | 6.5x |
| Total Debt | $231M | $456M | $1.15B | $956M | $469M |
| Cash & Equiv. | $70M | $14M | $16M | $43M | $20M |
FDUS vs GAIN vs SLRC vs CSWC vs TPVG — 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 | 193.4 | +93.4% |
| Gladstone Investmen… (GAIN) | 100 | 148.9 | +48.9% |
| SLR Investment Corp. (SLRC) | 100 | 81.2 | -18.8% |
| Capital Southwest C… (CSWC) | 100 | 171.6 | +71.6% |
| TriplePoint Venture… (TPVG) | 100 | 59.8 | -40.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FDUS vs GAIN vs SLRC vs CSWC vs TPVG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FDUS ranks third and is worth considering specifically for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.67, yield 11.5%
- Rev growth 40.1%, EPS growth -3.3%
- Lower volatility, beta 0.67, Low D/E 31.1%, current ratio 25.62x
- Beta 0.67, yield 11.5%, current ratio 25.62x
GAIN is the clearest fit if your priority is long-term compounding.
- 319.3% 10Y total return vs CSWC's 234.2%
- Beta 0.53 vs CSWC's 0.84, lower leverage
SLRC has the current edge in this matchup, primarily because of its strength in valuation efficiency.
- PEG 0.24 vs TPVG's 6.41
- Efficiency ratio 0.0% vs CSWC's 0.2% (lower = leaner)
- Efficiency ratio 0.0% vs CSWC's 0.2%
CSWC is the clearest fit if your priority is momentum.
- +34.0% vs SLRC's -1.0%
TPVG is the #2 pick in this set and the best alternative if value and dividends is your priority.
- Lower P/E (6.5x vs 10.1x)
- 17.1% yield, vs CSWC's 10.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.1% NII/revenue growth vs GAIN's -12.9% | |
| Value | Lower P/E (6.5x vs 10.1x) | |
| Quality / Margins | Efficiency ratio 0.0% vs CSWC's 0.2% (lower = leaner) | |
| Stability / Safety | Beta 0.53 vs CSWC's 0.84, lower leverage | |
| Dividends | 17.1% yield, vs CSWC's 10.2% | |
| Momentum (1Y) | +34.0% vs SLRC's -1.0% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs CSWC's 0.2% |
FDUS vs GAIN vs SLRC vs CSWC vs TPVG — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
TPVG leads in 1 of 6 categories
FDUS leads 1 • GAIN leads 0 • SLRC leads 0 • CSWC leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — GAIN and TPVG each lead in 2 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 | $164M | $97M |
| EBITDAEarnings before interest/tax | $99M | $58M | $73M | $142M | -$22M |
| Net IncomeAfter-tax profit | $87M | $130M | $73M | $103M | -$12M |
| Free Cash FlowCash after capex | -$188M | -$82M | -$73M | -$69M | $35M |
| Gross MarginGross profit ÷ Revenue | +72.6% | +68.6% | +73.3% | +66.5% | +83.5% |
| Operating MarginEBIT ÷ Revenue | +76.1% | +72.7% | +72.9% | +48.5% | +77.9% |
| Net MarginNet income ÷ Revenue | +51.7% | +72.7% | +42.0% | +43.1% | +50.6% |
| FCF MarginFCF ÷ Revenue | -92.3% | +126.8% | -32.7% | -132.6% | -58.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +22.6% | +58.1% | -100.0% | +113.3% | -2.3% |
Valuation Metrics
TPVG leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 4.9x trailing earnings, TPVG trades at a 70% valuation discount to CSWC's 16.3x P/E. Adjusting for growth (PEG ratio), SLRC offers better value at 0.23x vs TPVG's 4.84x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $700M | $657M | $745M | $1.4B | $243M |
| Enterprise ValueMkt cap + debt − cash | $861M | $1.1B | $1.9B | $2.3B | $691M |
| Trailing P/EPrice ÷ TTM EPS | 7.95x | 9.28x | 8.04x | 16.32x | 4.91x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.18x | 40.66x | 8.48x | 10.06x | 6.50x |
| PEG RatioP/E ÷ EPS growth rate | 0.63x | — | 0.23x | — | 4.84x |
| EV / EBITDAEnterprise value multiple | 7.16x | 16.82x | 11.47x | 27.43x | 9.13x |
| Price / SalesMarket cap ÷ Revenue | 4.40x | 7.31x | 3.39x | 8.71x | 2.50x |
| Price / BookPrice ÷ Book value/share | 0.88x | 1.22x | 0.75x | 1.39x | 0.68x |
| Price / FCFMarket cap ÷ FCF | — | 5.77x | — | — | — |
Profitability & Efficiency
FDUS leads this category, winning 6 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 $-3 for TPVG. FDUS carries lower financial leverage with a 0.31x debt-to-equity ratio, signaling a more conservative balance sheet compared to TPVG's 1.33x. On the Piotroski fundamental quality scale (0–9), FDUS scores 5/9 vs CSWC's 1/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +12.1% | +21.9% | +7.3% | +10.3% | -3.4% |
| ROA (TTM)Return on assets | +6.5% | +10.5% | +2.9% | +4.8% | -1.5% |
| ROICReturn on invested capital | +8.6% | +5.3% | +5.8% | +3.5% | +7.2% |
| ROCEReturn on capital employed | +9.5% | +6.8% | +7.1% | +4.6% | +9.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 3 | 1 | 5 |
| Debt / EquityFinancial leverage | 0.31x | 0.91x | 1.15x | 1.08x | 1.33x |
| Net DebtTotal debt minus cash | $161M | $441M | $1.1B | $913M | $449M |
| Cash & Equiv.Liquid assets | $70M | $14M | $16M | $43M | $20M |
| Total DebtShort + long-term debt | $231M | $456M | $1.1B | $956M | $469M |
| Interest CoverageEBIT ÷ Interest expense | 2.36x | 1.58x | 1.06x | 2.91x | -1.02x |
Total Returns (Dividends Reinvested)
Evenly matched — GAIN and CSWC each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GAIN five years ago would be worth $17,205 today (with dividends reinvested), compared to $8,649 for TPVG. Over the past 12 months, CSWC leads with a +34.0% total return vs SLRC's -1.0%. The 3-year compound annual growth rate (CAGR) favors CSWC at 20.7% vs TPVG's -1.2% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -2.9% | +20.7% | -8.8% | +11.4% | -6.3% |
| 1-Year ReturnPast 12 months | +9.5% | +30.8% | -1.0% | +34.0% | +19.3% |
| 3-Year ReturnCumulative with dividends | +39.1% | +56.5% | +31.0% | +75.8% | -3.4% |
| 5-Year ReturnCumulative with dividends | +66.8% | +72.0% | +16.2% | +51.4% | -13.5% |
| 10-Year ReturnCumulative with dividends | +140.4% | +319.3% | +64.4% | +234.2% | +93.3% |
| CAGR (3Y)Annualised 3-year return | +11.6% | +16.1% | +9.4% | +20.7% | -1.2% |
Risk & Volatility
Evenly matched — GAIN and CSWC each lead in 1 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 CSWC's 0.84 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CSWC currently trades 98.2% from its 52-week high vs SLRC's 79.4% 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 | 0.84x | 0.83x |
| 52-Week HighHighest price in past year | $22.09 | $17.14 | $17.20 | $24.43 | $7.53 |
| 52-Week LowLowest price in past year | $16.86 | $13.11 | $13.41 | $19.37 | $4.48 |
| % of 52W HighCurrent price vs 52-week peak | +83.5% | +96.3% | +79.4% | +98.2% | +79.5% |
| RSI (14)Momentum oscillator 0–100 | 51.2 | 69.9 | 33.0 | 63.7 | 58.3 |
| Avg Volume (50D)Average daily shares traded | 301K | 371K | 404K | 664K | 504K |
Analyst Outlook
Evenly matched — CSWC and TPVG each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: FDUS as "Buy", GAIN as "Hold", SLRC as "Buy", CSWC as "Buy", TPVG as "Hold". Consensus price targets imply 49.4% upside for TPVG (target: $9) vs -9.1% for GAIN (target: $15). For income investors, TPVG offers the higher dividend yield at 17.11% vs GAIN's 10.05%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | — | $15.00 | $16.25 | $22.50 | $8.95 |
| # AnalystsCovering analysts | 12 | 7 | 15 | 10 | 12 |
| Dividend YieldAnnual dividend ÷ price | +11.5% | +10.0% | +12.0% | +10.2% | +17.1% |
| Dividend StreakConsecutive years of raises | 0 | 0 | 0 | 3 | 0 |
| Dividend / ShareAnnual DPS | $2.13 | $1.66 | $1.64 | $2.45 | $1.02 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
TPVG leads in 1 of 6 categories (Valuation Metrics). FDUS leads in 1 (Profitability & Efficiency). 4 tied.
FDUS vs GAIN vs SLRC vs CSWC vs TPVG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is FDUS or GAIN or SLRC or CSWC or TPVG 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). TriplePoint Venture Growth BDC Corp. (TPVG) offers the better valuation at 4. 9x trailing P/E (6. 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 or CSWC or TPVG?
On trailing P/E, TriplePoint Venture Growth BDC Corp.
(TPVG) is the cheapest at 4. 9x versus Capital Southwest Corporation at 16. 3x. On forward P/E, TriplePoint Venture Growth BDC Corp. is actually cheaper at 6. 5x. 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 TriplePoint Venture Growth BDC Corp. 's 6. 41x — 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 or CSWC or TPVG?
Over the past 5 years, Gladstone Investment Corporation (GAIN) delivered a total return of +72.
0%, compared to -13. 5% for TriplePoint Venture Growth BDC Corp. (TPVG). Over 10 years, the gap is even starker: GAIN returned +319. 3% versus SLRC's +64. 4%. 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 or CSWC or TPVG?
By beta (market sensitivity over 5 years), Gladstone Investment Corporation (GAIN) is the lower-risk stock at 0.
53β versus Capital Southwest Corporation's 0. 84β — meaning CSWC is approximately 56% 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 133% for TriplePoint Venture Growth BDC Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — FDUS or GAIN or SLRC or CSWC or TPVG?
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: TriplePoint Venture Growth BDC Corp. grew EPS 48. 8% year-over-year, compared to -28. 3% for Capital Southwest 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 or CSWC or TPVG?
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: TPVG leads at 77. 9% versus 48. 5% for CSWC. At the gross margin level — before operating expenses — TPVG leads at 83. 5%, 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 or CSWC or TPVG 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 TriplePoint Venture Growth BDC Corp. 's 6. 41x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, TriplePoint Venture Growth BDC Corp. (TPVG) trades at 6. 5x forward P/E versus 40. 7x for Gladstone Investment Corporation — 34. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TPVG: 49. 4% to $8. 95.
08Which pays a better dividend — FDUS or GAIN or SLRC or CSWC or TPVG?
All stocks in this comparison pay dividends.
TriplePoint Venture Growth BDC Corp. (TPVG) offers the highest yield at 17. 1%, versus 10. 0% for Gladstone Investment Corporation (GAIN).
09Is FDUS or GAIN or SLRC or CSWC or TPVG 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), 10. 0% yield, +319. 3% 10Y return). Both have compounded well over 10 years (GAIN: +319. 3%, TPVG: +93. 3%), 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 and CSWC and TPVG?
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; CSWC is a small-cap deep-value stock; TPVG 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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