WallStSmart

Golub Capital BDC Inc (GBDC)vsJPMorgan Chase & Co (JPM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

JPMorgan Chase & Co generates 20150% more annual revenue ($173.56B vs $857.08M). GBDC leads profitability with a 38.6% profit margin vs 33.9%. GBDC appears more attractively valued with a PEG of 1.40. JPM earns a higher WallStSmart Score of 73/100 (B).

GBDC

Buy

61

out of 100

Grade: C+

Growth: 4.7Profit: 8.0Value: 6.3Quality: 4.5
Piotroski: 4/9Altman Z: 0.59

JPM

Strong Buy

73

out of 100

Grade: B

Growth: 8.0Profit: 8.0Value: 5.7Quality: 5.5
Piotroski: 4/9Altman Z: 0.55

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GBDC4 strengths · Avg: 9.5/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
38.6%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
78.3%10/10

Strong operational efficiency at 78.3%

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

JPM5 strengths · Avg: 9.2/10
Market CapQuality
$820.65B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
43.7%10/10

Strong operational efficiency at 43.7%

P/E RatioValuation
14.7x8/10

Attractively priced relative to earnings

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Areas to Watch

GBDC3 concerns · Avg: 2.0/10
Revenue GrowthGrowth
-6.2%2/10

Revenue declined 6.2%

EPS GrowthGrowth
-41.2%2/10

Earnings declined 41.2%

Altman Z-ScoreHealth
0.592/10

Distress zone — elevated risk

JPM4 concerns · Avg: 2.8/10
PEG RatioValuation
1.674/10

Expensive relative to growth rate

Debt/EquityHealth
1.383/10

Elevated debt levels

Free Cash FlowQuality
$-211.76B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.552/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : GBDC

The strongest argument for GBDC centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 38.6% and operating margin at 78.3%. PEG of 1.40 suggests the stock is reasonably priced for its growth.

Bull Case : JPM

The strongest argument for JPM centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.9% and operating margin at 43.7%. Revenue growth of 12.7% demonstrates continued momentum.

Bear Case : GBDC

The primary concerns for GBDC are Revenue Growth, EPS Growth, Altman Z-Score.

Bear Case : JPM

The primary concerns for JPM are PEG Ratio, Debt/Equity, Free Cash Flow.

Key Dynamics to Monitor

GBDC profiles as a declining stock while JPM is a mature play — different risk/reward profiles.

JPM carries more volatility with a beta of 1.02 — expect wider price swings.

JPM is growing revenue faster at 12.7% — sustainability is the question.

GBDC generates stronger free cash flow (36M), providing more financial flexibility.

Bottom Line

JPM scores higher overall (73/100 vs 61/100), backed by strong 33.9% margins and 12.7% 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.

Golub Capital BDC Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Golub Capital BDC Inc (ticker: GBDC) is a leading business development company that specializes in providing innovative financing solutions to middle-market companies. Founded in 2001 and publicly traded since 2013, Golub Capital emphasizes investing in senior secured loans, ensuring a diversified portfolio that seeks to deliver compelling risk-adjusted returns. The company is recognized for its strong credit quality and operational resilience, underpinned by a skilled management team and a disciplined investment approach. With a strategic focus on fostering growth among its portfolio entities, Golub Capital represents an appealing opportunity for institutional investors looking for a stable and performance-oriented investment in the alternative asset space.

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JPMorgan Chase & Co

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is incorporated in Delaware. As a Bulge Bracket bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, private wealth management, and treasury services divisions.

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