WallStSmart

Brookfield Asset Management Inc (BAM)vsInvestcorp Credit Management BDC Inc (ICMB)

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Smart Verdict

WallStSmart Research — data-driven comparison

Brookfield Asset Management Inc generates 23487% more annual revenue ($4.82B vs $20.42M). ICMB leads profitability with a 65.6% profit margin vs 51.6%. ICMB trades at a lower P/E of 9.1x. BAM earns a higher WallStSmart Score of 66/100 (B-).

BAM

Strong Buy

66

out of 100

Grade: B-

Growth: 6.7Profit: 9.0Value: 7.3Quality: 6.0
Piotroski: 3/9

ICMB

Hold

48

out of 100

Grade: D+

Growth: 4.7Profit: 7.0Value: 5.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BAMSignificantly Overvalued (-400.1%)

Margin of Safety

-400.1%

Fair Value

$10.47

Current Price

$42.87

$32.40 premium

UndervaluedFair: $10.47Overvalued
ICMBSignificantly Overvalued (-51.5%)

Margin of Safety

-51.5%

Fair Value

$2.04

Current Price

$1.88

$0.16 premium

UndervaluedFair: $2.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BAM5 strengths · Avg: 9.6/10
Profit MarginProfitability
51.6%10/10

Keeps 52 of every $100 in revenue as profit

Operating MarginProfitability
67.9%10/10

Strong operational efficiency at 67.9%

Revenue GrowthGrowth
31.1%10/10

Revenue surging 31.1% year-over-year

Market CapQuality
$70.28B9/10

Large-cap with strong market position

Return on EquityProfitability
22.3%9/10

Every $100 of equity generates 22 in profit

ICMB4 strengths · Avg: 10.0/10
P/E RatioValuation
9.1x10/10

Attractively priced relative to earnings

Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Profit MarginProfitability
65.6%10/10

Keeps 66 of every $100 in revenue as profit

Operating MarginProfitability
63.0%10/10

Strong operational efficiency at 63.0%

Areas to Watch

BAM4 concerns · Avg: 3.3/10
P/E RatioValuation
27.9x4/10

Moderate valuation

Price/BookValuation
8.5x4/10

Trading at 8.5x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-20.7%2/10

Earnings declined 20.7%

ICMB4 concerns · Avg: 2.3/10
Market CapQuality
$39.51M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-5.5%2/10

ROE of -5.5% — below average capital efficiency

Revenue GrowthGrowth
-11.2%2/10

Revenue declined 11.2%

EPS GrowthGrowth
-8.6%2/10

Earnings declined 8.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : BAM

The strongest argument for BAM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 51.6% and operating margin at 67.9%. Revenue growth of 31.1% demonstrates continued momentum.

Bull Case : ICMB

The strongest argument for ICMB centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 65.6% and operating margin at 63.0%.

Bear Case : BAM

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

Bear Case : ICMB

The primary concerns for ICMB are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

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

BAM carries more volatility with a beta of 1.29 — expect wider price swings.

BAM is growing revenue faster at 31.1% — sustainability is the question.

BAM generates stronger free cash flow (706M), providing more financial flexibility.

Bottom Line

BAM scores higher overall (66/100 vs 48/100), backed by strong 51.6% margins and 31.1% revenue growth. Both earn "Strong Buy" and "Hold" 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 Inc

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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Investcorp Credit Management BDC Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Investcorp Credit Management BDC Inc (ICMB) is a distinguished business development company that specializes in providing debt and equity financing solutions to middle-market businesses, emphasizing the attainment of superior risk-adjusted returns. With a diversified investment portfolio across various sectors, ICMB is committed to enhancing shareholder value while maintaining a robust risk management framework. The company's experienced management team leverages deep market insights to identify and cultivate promising growth-oriented enterprises, positioning ICMB strategically within the dynamic private credit market. This makes ICMB an appealing investment opportunity for institutional investors seeking income generation coupled with portfolio diversification.

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