Fidus Investment Corporation (FDUS) Financial Ratios
17 years of historical data (2009–2025) · Financial Services · Asset Management
EV/EBITDA
↑
10.56
-8% vs avg
5yr avg: 11.43
30Y Low5.4·High19.6
P/FCF
↑
N/A
—
5yr avg: 8.11
30Y Low2.6·High35.1
P/B Ratio
↑
0.88
-7% vs avg
5yr avg: 0.94
30Y Low0.5·High1.4
ROE
↓
11.8%
-18% vs avg
5yr avg: 14.4%
30Y Low-3%·High26%
Debt/EBITDA
↑
5.35
↓-7% vs avg
5yr avg: 5.73
30Y Low3.1·High13.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FDUS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Fidus Investment Corporation trades at 7.9x earnings, roughly in line with its 5-year average of 8.1x, sitting at the 33rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 42%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $696M | $685M | $685M | $519M | $466M | $439M | $320M | $363M | $286M | $357M | $288M |
| Enterprise Value | $1.3B | $1.3B | $1.1B | $867M | $813M | $636M | $639M | $703M | $516M | $553M | $450M |
| P/E Ratio → | 7.91 | 8.32 | 8.76 | 6.72 | 13.03 | 3.79 | 10.23 | 7.49 | 5.79 | 8.12 | 6.93 |
| P/S Ratio | 4.37 | 4.30 | 6.03 | 4.78 | 6.50 | 3.00 | 5.58 | 5.11 | 5.03 | 6.91 | 6.08 |
| P/B Ratio | 0.88 | 0.92 | 1.04 | 0.88 | 0.97 | 0.90 | 0.78 | 0.88 | 0.45 | 0.61 | 0.56 |
| P/FCF | — | — | 10.98 | 10.72 | — | 2.62 | 5.72 | — | 35.11 | — | — |
| P/OCF | — | — | 10.98 | 10.72 | — | 2.62 | 5.72 | — | 35.11 | — | — |
P/E links to full P/E history page with 30-year chart
FDUS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Fidus Investment Corporation's enterprise value stands at 10.6x EBITDA, 8% below its 5-year average of 11.4x. The Financial Services sector median is 11.4x, placing the stock at a 7% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.91 | 9.70 | 7.98 | 11.36 | 4.34 | 11.14 | 9.89 | 9.07 | 10.71 | 9.51 |
| EV / EBITDA | 10.56 | 10.47 | 13.41 | 10.86 | 17.07 | 5.36 | 19.57 | 14.31 | 8.07 | 10.24 | 8.56 |
| EV / EBIT | 10.48 | 10.47 | 13.41 | 10.86 | 17.07 | 5.36 | 19.57 | 14.31 | 8.07 | 10.24 | 8.56 |
| EV / FCF | — | — | 17.68 | 17.90 | — | 3.79 | 11.42 | — | 63.27 | — | — |
FDUS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Fidus Investment Corporation earns an operating margin of 76.1%, significantly above the Financial Services sector average of 20.3%. Operating margins have expanded from 73.5% to 76.1% over the past 3 years, signaling improving operational efficiency. ROE of 11.8% is modest. ROIC of 7.2% represents adequate returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.6% | 72.6% | 80.4% | 81.0% | 76.9% | 88.4% | 69.7% | 78.6% | 114.4% | 113.8% | 109.9% |
| Operating Margin | 76.1% | 76.1% | 72.3% | 73.5% | 66.5% | 81.1% | 56.9% | 69.1% | 85.2% | 65.6% | 57.1% |
| Net Profit Margin | 51.7% | 51.7% | 68.9% | 71.0% | 50.0% | 79.3% | 54.4% | 68.3% | 87.0% | 85.0% | 87.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.8% | 11.8% | 12.6% | 14.4% | 7.4% | 25.8% | 7.6% | 9.3% | 8.1% | 8.0% | 10.9% |
| ROA | 6.4% | 6.4% | 6.9% | 7.6% | 3.9% | 13.1% | 3.8% | 6.5% | 7.4% | 7.1% | 7.8% |
| ROIC | 7.2% | 7.2% | 5.6% | 6.2% | 4.1% | 10.4% | 3.0% | 4.4% | 4.2% | 3.3% | 3.3% |
| ROCE | 9.6% | 9.6% | 7.5% | 8.0% | 5.2% | 13.4% | 3.9% | 6.7% | 7.4% | 5.6% | 5.1% |
FDUS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Fidus Investment Corporation carries a Debt/EBITDA ratio of 5.4x, which is highly leveraged (26% above the sector average of 4.3x). Net debt stands at $574M ($644M total debt minus $70M cash). Interest coverage of 4.2x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.87 | 0.87 | 0.72 | 0.79 | 0.85 | 0.75 | 1.08 | 0.86 | 0.43 | 0.40 | 0.43 |
| Debt / EBITDA | 5.35 | 5.35 | 5.78 | 5.84 | 8.61 | 3.08 | 13.57 | 7.22 | 4.25 | 4.40 | 4.17 |
| Net Debt / Equity | — | 0.77 | 0.64 | 0.59 | 0.72 | 0.40 | 0.78 | 0.82 | 0.36 | 0.33 | 0.31 |
| Net Debt / EBITDA | 4.77 | 4.77 | 5.08 | 4.35 | 7.30 | 1.66 | 9.76 | 6.92 | 3.59 | 3.63 | 3.09 |
| Debt / FCF | — | — | 6.70 | 7.18 | — | 1.17 | 5.70 | — | 28.16 | — | — |
| Interest Coverage | 4.17 | 4.17 | 3.69 | 3.87 | 2.88 | 7.00 | 1.88 | 3.23 | 5.66 | 5.46 | 4.96 |
FDUS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.81x means Fidus Investment Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 3.81x to 1.81x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.81 | 1.81 | 2.15 | 3.81 | 15.93 | 38.15 | 37.96 | 6.43 | 2.56 | 3.30 | 4.61 |
| Quick Ratio | 1.81 | 1.81 | 2.15 | 3.81 | 15.93 | 38.15 | 37.96 | 6.43 | 2.56 | 3.30 | 4.61 |
| Cash Ratio | 1.81 | 1.81 | 1.70 | 3.41 | 13.13 | 36.29 | 35.52 | 4.28 | 2.17 | 2.74 | 4.22 |
| Asset Turnover | — | 0.11 | 0.10 | 0.10 | 0.08 | 0.16 | 0.07 | 0.09 | 0.08 | 0.08 | 0.08 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FDUS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Fidus Investment Corporation returns 11.6% to shareholders annually primarily through dividends. The payout ratio of 91.6% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 12.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 11.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 91.6% | 91.6% | — | — | 136.9% | 26.5% | 104.1% | 80.8% | 79.2% | 83.7% | 71.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 12.6% | 12.0% | 11.4% | 14.9% | 7.7% | 26.4% | 9.8% | 13.3% | 17.3% | 12.3% | 14.4% |
| FCF Yield | — | — | 9.1% | 9.3% | — | 38.2% | 17.5% | — | 2.8% | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 11.6% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $35M | $33M | $26M | $24M | $24M | $24M | $24M | $24M | $24M | $18M |
Peer Comparison
Compare FDUS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FDUSYou | $696M | 7.9 | 10.6 | — | 72.6% | 76.1% | 11.8% | 7.2% | 5.4 |
 GAIN | $589M | 3.1 | 5.1 | — | 19.4% | 315.8% | 31.7% | 15.5% | 2.5 |
 SLRC | $678M | 7.3 | 11.1 | — | 73.3% | 72.9% | 9.3% | 5.8% | 7.0 |
 CSWC | $1B | 12.1 | 12.9 | — | 94.3% | 76.9% | 11.9% | 7.1% | 5.8 |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 MRCC | $110M | 9.6 | — | 0.9 | 60.8% | 51.7% | 6.4% | 2.0% | 17.4 |
 HRZN | $186M | 4.0 | — | 3.3 | 18.0% | -4.0% | -0.8% | -0.2% | — |
 PFLT | $742M | 10.4 | 35.5 | 7.8 | 45.6% | 39.4% | 6.8% | 2.1% | 26.3 |
 ARCC | $13B | 9.7 | 12.8 | 11.3 | 75.7% | 69.7% | 9.4% | 5.7% | 7.3 |
 FSCO | $997M | 6.5 | 5.7 | 1.9 | 79.3% | 74.5% | 10.5% | 6.4% | 1.9 |
 GBDC | $3B | 8.7 | 11.8 | — | 81.5% | 78.9% | 9.4% | 5.9% | 7.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 17 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
FDUS — Frequently Asked Questions
Quick answers to the most common questions about buying FDUS stock.
What is Fidus Investment Corporation's P/E ratio?
Fidus Investment Corporation's current P/E ratio is 7.9x. The historical average is 8.4x. This places it at the 33th percentile of its historical range.
What is Fidus Investment Corporation's EV/EBITDA?
Fidus Investment Corporation's current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.0x.
What is Fidus Investment Corporation's ROE?
Fidus Investment Corporation's return on equity (ROE) is 11.8%. The historical average is 10.8%.
Is FDUS stock overvalued?
Based on historical data, Fidus Investment Corporation is trading at a P/E of 7.9x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Fidus Investment Corporation's dividend yield?
Fidus Investment Corporation's current dividend yield is 11.59% with a payout ratio of 91.6%.
What are Fidus Investment Corporation's profit margins?
Fidus Investment Corporation has 72.6% gross margin and 76.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Fidus Investment Corporation have?
Fidus Investment Corporation's Debt/EBITDA ratio is 5.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.