Blue Owl Capital Corporation III (OBDE)

Blue Owl Capital Corporation III (OBDE) — VMCI valuation read

Blue Owl Capital Corporation III (OBDE) carries a VMCI composite of 71/100, 21 points above the Financial Services sector median of 50. Among mid-cap names, that gap places OBDE in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The OBDE insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads OBDE trades at 20.0x earnings, 11% above the Financial Services median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Financial Services 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Financial Services median (10.0%). Risk: net debt to EBITDA of 1.7x is the rate-sensitivity line to watch, the line to track on Blue Owl Capital Corporation III's next 10-Q.

OBDE fell 0.6% over the trailing 7 days, with a -10.4% read on a 30-day basis.