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 3664% more annual revenue ($31.29B vs $831.33M). GBDC leads profitability with a 24.6% profit margin vs 3.7%. APO appears more attractively valued with a PEG of 0.72. GBDC earns a higher WallStSmart Score of 58/100 (C).

APO

Hold

46

out of 100

Grade: D+

Growth: 4.7Profit: 5.0Value: 5.0Quality: 3.0
Piotroski: 1/9Altman Z: 0.03

GBDC

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 7.0Value: 6.3Quality: 3.5
Piotroski: 4/9Altman Z: 0.59

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

APO3 strengths · Avg: 8.3/10
Market CapQuality
$78.47B9/10

Large-cap with strong market position

PEG RatioValuation
0.728/10

Growing faster than its price suggests

Free Cash FlowQuality
$1.62B8/10

Generating 1.6B in free cash flow

GBDC4 strengths · Avg: 9.3/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Operating MarginProfitability
77.9%10/10

Strong operational efficiency at 77.9%

Profit MarginProfitability
24.6%9/10

Keeps 25 of every $100 in revenue as profit

P/E RatioValuation
17.3x8/10

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
85.6x2/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
-9.2%2/10

Revenue declined 9.2%

GBDC4 concerns · Avg: 2.5/10
Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

Debt/EquityHealth
1.253/10

Elevated debt levels

Revenue GrowthGrowth
-12.0%2/10

Revenue declined 12.0%

EPS GrowthGrowth
-41.2%2/10

Earnings declined 41.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : APO

The strongest argument for APO centers on Market Cap, PEG Ratio, Free Cash Flow. PEG of 0.72 suggests the stock is reasonably priced for its growth.

Bull Case : GBDC

The strongest argument for GBDC centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 24.6% and operating margin at 77.9%. 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 85.6x leaves little room for execution misses. Thin 3.7% margins leave little buffer for downturns.

Bear Case : GBDC

The primary concerns for GBDC are Return on Equity, Debt/Equity, Revenue Growth.

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 1.49 — expect wider price swings.

APO is growing revenue faster at -9.2% — sustainability is the question.

APO generates stronger free cash flow (1.6B), providing more financial flexibility.

Bottom Line

GBDC scores higher overall (58/100 vs 46/100), backed by strong 24.6% 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 leading global alternative investment firm specializing in private equity, credit, and real estate across diverse sectors such as healthcare, financial services, and technology. The firm leverages its deep industry expertise and operational insights to implement a disciplined investment strategy aimed at maximizing portfolio performance and ensuring sustainable growth. With a focus on identifying high-potential opportunities in both developed and emerging markets, Apollo is dedicated to delivering attractive risk-adjusted returns through its substantial capital base and innovative investment approaches.

Golub Capital BDC Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Golub Capital BDC Inc (ticker: GBDC) is a leading business development company focused on providing customized financing solutions to middle-market firms, effectively addressing the capital needs in this vital economic sector. Established in 2001 and publicly traded since 2013, the company primarily invests in senior secured loans, aiming to build a diversified portfolio that delivers attractive risk-adjusted returns for its shareholders. With a strong emphasis on credit quality and extensive experience in disciplined investing, Golub Capital is well-positioned to enhance the growth of its portfolio companies. Institutional investors may find Golub Capital an appealing choice in the alternative investment space due to its solid operational foundation and commitment to generating reliable performance.

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