WallStSmart

Apollo Global Management LLC Class A (APO)vsGolub Capital BDC Inc (GBDC)

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Smart Verdict

WallStSmart Research — data-driven comparison

Apollo Global Management LLC Class A generates 3550% more annual revenue ($31.29B vs $857.08M). GBDC leads profitability with a 38.6% profit margin vs 3.7%. APO appears more attractively valued with a PEG of 0.67. GBDC earns a higher WallStSmart Score of 61/100 (C+).

APO

Hold

44

out of 100

Grade: D

Growth: 4.7Profit: 5.0Value: 5.0Quality: 2.8
Piotroski: 1/9Altman Z: 0.07

GBDC

Buy

61

out of 100

Grade: C+

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

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

APO3 strengths · Avg: 8.3/10
Market CapQuality
$73.67B9/10

Large-cap with strong market position

PEG RatioValuation
0.678/10

Growing faster than its price suggests

Free Cash FlowQuality
$2.82B8/10

Generating 2.8B in free cash flow

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

Areas to Watch

APO4 concerns · Avg: 2.5/10
Profit MarginProfitability
3.7%3/10

3.7% margin — thin

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

P/E RatioValuation
80.9x2/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
-9.2%2/10

Revenue declined 9.2%

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

Comparative Analysis Report

WallStSmart Research

Bull Case : APO

The strongest argument for APO centers on Market Cap, PEG Ratio, Free Cash Flow. PEG of 0.67 suggests the stock is reasonably priced for its growth.

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.

Bear Case : APO

The primary concerns for APO are Profit Margin, Piotroski F-Score, P/E Ratio. A P/E of 80.9x leaves little room for execution misses. Thin 3.7% margins leave little buffer for downturns.

Bear Case : GBDC

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

Key Dynamics to Monitor

APO profiles as a value stock while GBDC is a declining play — different risk/reward profiles.

APO carries more volatility with a beta of 1.52 — expect wider price swings.

GBDC is growing revenue faster at -6.2% — sustainability is the question.

APO generates stronger free cash flow (2.8B), providing more financial flexibility.

Bottom Line

GBDC scores higher overall (61/100 vs 44/100), backed by strong 38.6% margins. Both earn "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.

Apollo Global Management LLC Class A

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Apollo Global Management LLC Class A (APO) is a premier global alternative investment firm renowned for its strategic focus on private equity, credit, and real estate investments across diverse sectors including healthcare, financial services, and technology. The firm utilizes a rigorous investment approach, drawing on extensive industry expertise and operational insights to optimize portfolio performance and drive long-term growth. With a commitment to identifying lucrative investment opportunities in both developed and emerging markets, Apollo aims to generate attractive risk-adjusted returns for its investors, backed by its significant capital resources and innovative strategies.

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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