WallStSmart

Blackstone Group Inc (BX)vsMain Street Capital Corporation (MAIN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Blackstone Group Inc generates 2409% more annual revenue ($14.21B vs $566.39M). MAIN leads profitability with a 87.1% profit margin vs 21.2%. BX appears more attractively valued with a PEG of 1.17. BX earns a higher WallStSmart Score of 77/100 (B+).

BX

Strong Buy

77

out of 100

Grade: B+

Growth: 10.0Profit: 9.0Value: 10.0Quality: 5.3
Piotroski: 2/9

MAIN

Buy

56

out of 100

Grade: C

Growth: 5.3Profit: 8.5Value: 7.3Quality: 3.8
Piotroski: 2/9Altman Z: 1.32
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXUndervalued (+35.7%)

Margin of Safety

+35.7%

Fair Value

$181.12

Current Price

$108.38

$72.74 discount

UndervaluedFair: $181.12Overvalued
MAINSignificantly Overvalued (-64.1%)

Margin of Safety

-64.1%

Fair Value

$37.54

Current Price

$54.47

$16.93 premium

UndervaluedFair: $37.54Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BX6 strengths · Avg: 9.2/10
Operating MarginProfitability
52.8%10/10

Strong operational efficiency at 52.8%

Revenue GrowthGrowth
50.6%10/10

Revenue surging 50.6% year-over-year

Market CapQuality
$131.98B9/10

Large-cap with strong market position

Return on EquityProfitability
29.2%9/10

Every $100 of equity generates 29 in profit

Profit MarginProfitability
21.2%9/10

Keeps 21 of every $100 in revenue as profit

EPS GrowthGrowth
42.5%8/10

Earnings expanding 42.5% YoY

MAIN4 strengths · Avg: 9.5/10
P/E RatioValuation
9.9x10/10

Attractively priced relative to earnings

Profit MarginProfitability
87.1%10/10

Keeps 87 of every $100 in revenue as profit

Operating MarginProfitability
86.5%10/10

Strong operational efficiency at 86.5%

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

BX4 concerns · Avg: 3.5/10
P/E RatioValuation
27.9x4/10

Moderate valuation

Price/BookValuation
9.8x4/10

Trading at 9.8x book value

Debt/EquityHealth
1.633/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

MAIN4 concerns · Avg: 3.3/10
PEG RatioValuation
1.764/10

Expensive relative to growth rate

Revenue GrowthGrowth
3.6%4/10

3.6% revenue growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-26.0%2/10

Earnings declined 26.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : BX

The strongest argument for BX centers on Operating Margin, Revenue Growth, Market Cap. Profitability is solid with margins at 21.2% and operating margin at 52.8%. Revenue growth of 50.6% demonstrates continued momentum.

Bull Case : MAIN

The strongest argument for MAIN centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 87.1% and operating margin at 86.5%.

Bear Case : BX

The primary concerns for BX are P/E Ratio, Price/Book, Debt/Equity. Debt-to-equity of 1.63 is elevated, increasing financial risk.

Bear Case : MAIN

The primary concerns for MAIN are PEG Ratio, Revenue Growth, Piotroski F-Score.

Key Dynamics to Monitor

BX profiles as a growth stock while MAIN is a value play — different risk/reward profiles.

BX carries more volatility with a beta of 1.79 — expect wider price swings.

BX is growing revenue faster at 50.6% — sustainability is the question.

MAIN generates stronger free cash flow (104M), providing more financial flexibility.

Bottom Line

BX scores higher overall (77/100 vs 56/100), backed by strong 21.2% margins and 50.6% 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.

Blackstone Group Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Blackstone Group Inc. is an alternative asset management company specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity strategies and multiple asset classes. The company is headquartered in New York, New York with additional offices across Asia, Europe and North America.

Main Street Capital Corporation

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Main Street Capital Corporation (MAIN) is a publicly traded business development company specializing in providing customized debt and equity financing solutions to lower middle-market companies. With a focus on long-term investments, MAIN targets diverse sectors such as manufacturing, healthcare, and business services, aiming to generate attractive risk-adjusted returns for its shareholders. The company's disciplined investment strategy, combined with its extensive industry expertise, positions it favorably in the private equity landscape while fostering growth in its portfolio companies. MAIN is committed to value creation and delivering robust income streams, reflecting its dedication to both investors and the businesses it supports.

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