Skip to main content

Main Street Capital Corporation (0JXQ.L)

London Stock Exchange Financial Services Financial - DiversifiedView data quality →
60.5Fair

ValueMarkers Composite Index

Top 80%#9,041 of 44,707
Undervalued

65% below intrinsic value ($151)

UndervaluedFair ValueOvervalued
Piotroski
4/9
Neutral
Beneish
1.82
High Risk
Altman
1.71
Distress
DCF Value
$151
Undervalued
ROIC
8.6%
Adequate
P/E
9.8
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Main Street Capital Corporation (0JXQ.L) — VMCI valuation read

Headline read on 0JXQ.L: VMCI of 61/100 versus a Financial Services sector median of 50. The 11-point above-median position is what makes Main Street Capital Corporation a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 0JXQ.L: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 0JXQ.L: value (0JXQ.L trades at 27.0x earnings, 50% above the Financial Services median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Financial Services median (10.0%)), and risk (net debt to EBITDA of -0.4x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Financial Services 12.0x baseline.

0JXQ.L rose 3.7% over the trailing 7 days, with a -23.2% read on a 30-day basis.

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides one stop financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation. The firm typically invests in lower middle market companies generally with annual revenues between $5 million and $300 million. It prefers to invest in ranging between $2 million and $75 million in equity investment and enterprise value in ranging between $3 million and $20 million. The firm typically prefers to invest in the range of $5 million and $50 million per transaction in debt investment value and in the range of $1 million and $20 million in annual EBITDA. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It takes 5 percent minority and up to 50 percent majority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.

CEO: Dwayne Louis Hyzak104 employeesUSwww.mainstcapital.com

Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.

Browse More

Key metrics explained

Definitions, formulas, and how ValueMarkers calculates each indicator used in 0JXQ.L’s VM Score.

Explore More

Compare Competitors

Weekly Stock Analysis - Free

5 undervalued stocks, fully modeled. Every Monday. No spam.

Cookie Preferences

We use cookies to analyze site usage and improve your experience. You can accept all, reject all, or customize your preferences.