Blue Owl Capital (NYSE:OWL) - Share price, News & Analysis

OWL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	6/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

OWL Stock Overview

Blue Owl Capital Inc. operates as an asset manager.

Rewards

Earnings are forecast to grow 121.22% per year

Risk Analysis

Dividend of 3.42% is not well covered by earnings or forecast to be in the next 3 years

Shareholders have been diluted in the past year

Blue Owl Capital Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Blue Owl Capital
Historical stock prices
Current Share Price	US$11.68
52 Week High	US$17.89
52 Week Low	US$9.94
Beta	0
1 Month Change	-13.67%
3 Month Change	-5.04%
1 Year Change	0.69%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	14.51%

Shareholder Returns

	OWL	US Capital Markets	US Market
7D	4.9%	-0.8%	-2.7%
1Y	0.7%	-14.6%	-12.9%

Return vs Industry: OWL exceeded the US Capital Markets industry which returned -14.6% over the past year.

Return vs Market: OWL exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is OWL's price volatile compared to industry and market?
OWL volatility
OWL Average Weekly Movement	7.1%
Capital Markets Industry Average Movement	0.5%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: OWL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: OWL's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	350	Doug Ostrover	https://www.blueowl.com

Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases.

Blue Owl Capital Fundamentals Summary

How do Blue Owl Capital's earnings and revenue compare to its market cap?
OWL fundamental statistics
Market Cap	US$16.32b
Earnings (TTM)	-US$501.66m
Revenue (TTM)	US$991.63m

16.5x

P/S Ratio

-32.5x

P/E Ratio

Is OWL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
OWL income statement (TTM)
Revenue	US$991.63m
Cost of Revenue	US$1.64b
Gross Profit	-US$651.26m
Other Expenses	-US$149.61m
Earnings	-US$501.66m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-1.23
Gross Margin	-65.68%
Net Profit Margin	-50.59%
Debt/Equity Ratio	24.6%

How did OWL perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

-19%

Payout Ratio

Valuation

Is Blue Owl Capital undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

10.09x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OWL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate OWL's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: OWL is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: OWL is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OWL's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: OWL is overvalued based on its PB Ratio (10.1x) compared to the US Capital Markets industry average (-17.2x).

Future Growth

How is Blue Owl Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

121.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OWL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: OWL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OWL's is expected to become profitable in the next 3 years.

Revenue vs Market: OWL's revenue (21.5% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: OWL's revenue (21.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OWL's Return on Equity is forecast to be very high in 3 years time (53.1%).

Past Performance

How has Blue Owl Capital performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-71.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OWL is currently unprofitable.

Growing Profit Margin: OWL is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: OWL is unprofitable, and losses have increased over the past 5 years at a rate of 71.6% per year.

Accelerating Growth: Unable to compare OWL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OWL is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (98.3%).

Return on Equity

High ROE: OWL has a negative Return on Equity (-32.46%), as it is currently unprofitable.

Financial Health

How is Blue Owl Capital's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: OWL's short term assets ($888.2M) exceed its short term liabilities ($178.5M).

Long Term Liabilities: OWL's short term assets ($888.2M) do not cover its long term liabilities ($2.4B).

Debt to Equity History and Analysis

Debt Level: OWL's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if OWL's debt to equity ratio has reduced over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable OWL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: OWL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 73.3% per year.

Dividend

What is Blue Owl Capital current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OWL's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: OWL's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (4.11%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether OWL's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if OWL's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: OWL is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (159.2%), OWL's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure

CEO

Doug Ostrover (59 yo)

Tenure

US$11,637,178

Compensation

Mr. Douglas Irving Ostrover, also known as Doug, is a Director at Jaws Acquisition Corp. since May 13, 2020. He had been a Director at Owl Rock Technology Finance Corp. since August 2018 until May 18, 2021...

CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD11.64M) is about average for companies of similar size in the US market ($USD13.34M).

Compensation vs Earnings: Doug's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: OWL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Experienced Board: OWL's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: OWL insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.4%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31