Main Street Capital Corporation

LSE:0JXQ Stock Report

Market Cap: US$4.3b

Main Street Capital Valuation

Is 0JXQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0JXQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0JXQ ($50.57) is trading below our estimate of fair value ($62.52)

Significantly Below Fair Value: 0JXQ is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0JXQ?

Other financial metrics that can be useful for relative valuation.

0JXQ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue12.6x
Enterprise Value/EBITDAn/a
PEG Ratio-0.6x

Price to Earnings Ratio vs Peers

How does 0JXQ's PE Ratio compare to its peers?

The above table shows the PE ratio for 0JXQ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.3x
BPT Bridgepoint Group
39.7x33.2%UK£2.6b
JTC JTC
55.3x29.0%UK£1.6b
QLT Quilter
39.1x36.6%UK£2.0b
RAT Rathbones Group
27.2x33.5%UK£1.7b
0JXQ Main Street Capital
9.8x-17.7%US$4.3b

Price-To-Earnings vs Peers: 0JXQ is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (40.3x).

Price to Earnings Ratio vs Industry

How does 0JXQ's PE Ratio compare vs other companies in the GB Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.6%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.6%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: 0JXQ is good value based on its Price-To-Earnings Ratio (9.8x) compared to the UK Capital Markets industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0JXQ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0JXQ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio11.5x

Price-To-Earnings vs Fair Ratio: 0JXQ is good value based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0JXQ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$50.57
US$48.80
-3.5%
6.3%US$52.00US$44.00n/a5
Oct ’25US$50.06
US$48.80
-2.5%
6.3%US$52.00US$44.00n/a5
Sep ’25US$49.27
US$48.80
-1.0%
6.3%US$52.00US$44.00n/a5
Aug ’25US$51.22
US$48.80
-4.7%
6.8%US$52.00US$43.00n/a5
Jul ’25US$50.46
US$48.67
-3.5%
7.2%US$52.00US$43.00n/a6
Jun ’25US$48.64
US$48.67
+0.05%
7.2%US$52.00US$43.00n/a6
May ’25US$50.14
US$46.33
-7.6%
6.1%US$52.00US$43.00n/a6
Apr ’25US$47.32
US$45.20
-4.5%
2.9%US$47.00US$43.00n/a5
Mar ’25US$45.23
US$45.67
+1.0%
3.5%US$48.00US$43.00n/a6
Feb ’25US$44.82
US$44.50
-0.7%
5.5%US$48.00US$41.00n/a6
Jan ’25US$43.38
US$44.17
+1.8%
4.6%US$47.00US$41.00n/a6
Dec ’24US$41.62
US$44.17
+6.1%
4.6%US$47.00US$41.00n/a6
Nov ’24US$39.24
US$44.00
+12.1%
4.9%US$47.00US$41.00US$50.816
Oct ’24US$40.59
US$44.00
+8.4%
4.9%US$47.00US$41.00US$50.066
Sep ’24US$40.67
US$44.00
+8.2%
4.9%US$47.00US$41.00US$49.276
Aug ’24US$42.24
US$43.67
+3.4%
4.9%US$46.00US$41.00US$51.226
Jul ’24US$40.13
US$43.67
+8.8%
4.9%US$46.00US$41.00US$50.466
Jun ’24US$39.90
US$43.33
+8.6%
4.7%US$46.00US$41.00US$48.646
May ’24US$40.53
US$43.17
+6.5%
4.3%US$46.00US$41.00US$50.146
Apr ’24US$39.30
US$43.17
+9.8%
4.3%US$46.00US$41.00US$47.326
Mar ’24US$42.03
US$43.17
+2.7%
4.3%US$46.00US$41.00US$45.236
Feb ’24US$39.44
US$41.17
+4.4%
5.7%US$46.00US$39.00US$44.826
Jan ’24US$36.88
US$41.17
+11.6%
5.7%US$46.00US$39.00US$43.386
Dec ’23US$38.31
US$41.25
+7.7%
6.7%US$46.00US$39.00US$41.624
Nov ’23US$37.38
US$41.75
+11.7%
7.5%US$47.00US$39.00US$39.244

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y