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TCPC:NASDAQBlackRock TCP Capital Corp. Analysis

Data as of 2026-06-15 - not real-time

$3.79

Latest Price

8/10Risk

Risk Level: High

Executive Summary

Technical indicators show a bearish bias: the short‑term moving average sits below the longer‑term average, the trend is classified as bearish and volume is on a downtrend, while RSI hovers around the midpoint and MACD is near the zero line with a marginal bullish signal.
Fundamentally the company trades well above its discounted cash‑flow estimate, carries a massive debt load relative to equity, and reports negative earnings and profit margins. The dividend yield appears attractive but the payout ratio exceeds 300%, raising sustainability concerns, and a federal investigation into valuation practices adds a significant regulatory headwind.

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 7/10

Key Factors

  • Bearish technical setup with decreasing volume
  • Regulatory investigation creating uncertainty
  • Unsustainable dividend payout

Medium Term

1–3 years
Neutral
Model confidence: 5/10

Key Factors

  • Potential for resolution of regulatory issues
  • High dividend yield if payout can be adjusted
  • Valuation pressure may ease if market re‑prices risk

Long Term

> 3 years
Cautious
Model confidence: 8/10

Key Factors

  • Persistent debt overhang and negative earnings
  • Continued overvaluation relative to cash‑flow fundamentals
  • Long‑term regulatory and reputational risk

Key Metrics & Analysis

Financial Health

Revenue Growth-23.80%
Profit Margin-66.92%
P/E Ratio5.4
ROE-18.73%
ROA5.91%
Debt/Equity163.83
P/B Ratio0.6
Op. Cash Flow$261.5M
Free Cash Flow$68.8M
Industry P/E16.8

Technical Analysis

TrendBearish
RSI45.3
Support$3.61
Resistance$4.24
MA 20$3.81
MA 50$4.01
MA 200$5.09
MACDBullish
VolumeDecreasing
Fear & Greed Index89.86

Valuation

Fair Value$0.93
Target Price$4.17
Upside/Downside9.94%
GradeOvervalued
TypeValue
Dividend Yield22.16%

Risk Assessment

Beta0.74
Volatility36.39%
Sector RiskMedium
Reg. RiskHigh
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.