WallStSmart

Brookfield Asset Management Ltd. (BAM)vsGoldman Sachs BDC Inc (GSBD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brookfield Asset Management Ltd. generates 1360% more annual revenue ($5.07B vs $347.42M). BAM leads profitability with a 49.7% profit margin vs 21.3%. BAM appears more attractively valued with a PEG of 1.46. BAM earns a higher WallStSmart Score of 68/100 (B-).

BAM

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 9.5Value: 5.0Quality: 5.0
Piotroski: 2/9Altman Z: 1.97

GSBD

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 7.0Value: 5.7Quality: 4.8
Piotroski: 4/9

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BAM5 strengths · Avg: 9.4/10
Return on EquityProfitability
32.9%10/10

Every $100 of equity generates 33 in profit

Profit MarginProfitability
49.7%10/10

Keeps 50 of every $100 in revenue as profit

Operating MarginProfitability
64.5%10/10

Strong operational efficiency at 64.5%

Market CapQuality
$76.95B9/10

Large-cap with strong market position

Revenue GrowthGrowth
23.8%8/10

Revenue surging 23.8% year-over-year

GSBD4 strengths · Avg: 9.3/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Operating MarginProfitability
70.8%10/10

Strong operational efficiency at 70.8%

Profit MarginProfitability
21.3%9/10

Keeps 21 of every $100 in revenue as profit

P/E RatioValuation
14.6x8/10

Attractively priced relative to earnings

Areas to Watch

BAM4 concerns · Avg: 3.8/10
P/E RatioValuation
30.9x4/10

Premium valuation, high expectations priced in

Price/BookValuation
9.4x4/10

Trading at 9.4x book value

Altman Z-ScoreHealth
1.974/10

Grey zone — moderate risk

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

GSBD4 concerns · Avg: 3.3/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

Market CapQuality
$1.05B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.4%3/10

ROE of 5.4% — below average capital efficiency

Debt/EquityHealth
1.393/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : BAM

The strongest argument for BAM centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 49.7% and operating margin at 64.5%. Revenue growth of 23.8% demonstrates continued momentum.

Bull Case : GSBD

The strongest argument for GSBD centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 21.3% and operating margin at 70.8%.

Bear Case : BAM

The primary concerns for BAM are P/E Ratio, Price/Book, Altman Z-Score.

Bear Case : GSBD

The primary concerns for GSBD are PEG Ratio, Market Cap, Return on Equity.

Key Dynamics to Monitor

BAM profiles as a growth stock while GSBD is a declining play — different risk/reward profiles.

BAM carries more volatility with a beta of 1.25 — expect wider price swings.

BAM is growing revenue faster at 23.8% — sustainability is the question.

BAM generates stronger free cash flow (339M), providing more financial flexibility.

Bottom Line

BAM scores higher overall (68/100 vs 55/100), backed by strong 49.7% margins and 23.8% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Brookfield Asset Management Ltd.

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Brookfield Asset Management is a leading global alternative asset manager and one of the largest investors in real assets.

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Goldman Sachs BDC Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Goldman Sachs BDC Inc. (GSBD) is a closed-end management investment company that specializes in offering customized debt and equity solutions to U.S. middle-market enterprises. Leveraging the profound resources and expertise of Goldman Sachs, GSBD seeks to foster shareholder value through a diversified investment portfolio that effectively balances risk and return. The firm underscores its commitment to delivering stable income via a robust distribution policy while actively pursuing growth opportunities, all grounded in a disciplined risk management strategy and the development of strategic industry partnerships.

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