Reviewing Great Elm Capital Corporation (GECC)’s and THL Credit Inc. (NASDAQ:TCRD)’s results

Great Elm Capital Corporation (NASDAQ:GECC) and THL Credit Inc. (NASDAQ:TCRD) compete against each other in the Asset Management sector. We will contrast them and contrast their institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Great Elm Capital Corporation 27.75M 3.21 9.01M 0.80 10.27
THL Credit Inc. 66.94M 3.25 10.60M -0.18 0.00

In table 1 we can see Great Elm Capital Corporation and THL Credit Inc.’s gross revenue, earnings per share (EPS) and valuation.

Profitability

Table 2 has Great Elm Capital Corporation and THL Credit Inc.’s return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
Great Elm Capital Corporation -32.47% 0% 0%
THL Credit Inc. -15.84% 0% 0%

Dividends

Great Elm Capital Corporation dividend pay is $1 per share with 11.94% dividend yield annually. The dividend yield for THL Credit Inc. is 16.24% while its annual dividend payout is $1.08 per share.

Insider & Institutional Ownership

Great Elm Capital Corporation and THL Credit Inc. has shares owned by institutional investors as follows: 35.33% and 40.14%. Insiders owned roughly 19.7% of Great Elm Capital Corporation’s shares. Insiders Competitively, owned 0.55% of THL Credit Inc. shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Great Elm Capital Corporation -2.95% 2.87% 4.92% -12.57% -7.78% 4.84%
THL Credit Inc. -6.24% 0% -3.49% -19.09% -17.15% 13.65%

For the past year Great Elm Capital Corporation has weaker performance than THL Credit Inc.

Summary

On 7 of the 10 factors THL Credit Inc. beats Great Elm Capital Corporation.

THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers. The fund does not intend to invest in start-up companies, operationally distressed situations, or companies with speculative business plans. The fund invests primarily in debt securities, including unsecured subordinated or mezzanine debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock, options to buy minority interest, and other similar securities. Its investments may also include high-yield bonds, private equity investments, securities of public companies that are broadly traded, and securities of non-United States companies. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The fund may make direct equity investments, including equity investments into or through funds, and also selectively invest in syndicated first lien secured loans, including unitranche investments. It seeks to invest between $10 million and $25 million of capital per transaction in companies with annual revenues ranging from $25 million to $500 million and annual EBITDA between $5 million and $25 million. The fund prefers to be a lead or sole investor in a transaction.

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