AlphaTime Acquisition (NASDAQ:ATMC) versus Kayne Anderson BDC (NYSE:KBDC) Financial Analysis

Kayne Anderson BDC (NYSE:KBDC) and AlphaTime Acquisition (NASDAQ:ATMC) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability and risk.

Profitability

This table compares Kayne Anderson BDC and AlphaTime Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kayne Anderson BDC	59.80%	12.65%	6.77%
AlphaTime Acquisition	N/A	N/A	N/A

Earnings and Valuation

This table compares Kayne Anderson BDC and AlphaTime Acquisition”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kayne Anderson BDC	$122.29 million	9.72	$77.07 million	N/A	N/A
AlphaTime Acquisition	N/A	N/A	N/A	N/A	N/A

Kayne Anderson BDC has higher revenue and earnings than AlphaTime Acquisition.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Kayne Anderson BDC and AlphaTime Acquisition, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kayne Anderson BDC	0	2	2	1	2.80
AlphaTime Acquisition	0	0	0	0	0.00

Kayne Anderson BDC currently has a consensus target price of $17.30, suggesting a potential upside of 3.40%. Given Kayne Anderson BDC’s stronger consensus rating and higher possible upside, equities analysts plainly believe Kayne Anderson BDC is more favorable than AlphaTime Acquisition.

Insider and Institutional Ownership

82.2% of AlphaTime Acquisition shares are owned by institutional investors. 3.2% of Kayne Anderson BDC shares are owned by insiders. Comparatively, 29.4% of AlphaTime Acquisition shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Kayne Anderson BDC beats AlphaTime Acquisition on 8 of the 10 factors compared between the two stocks.

About Kayne Anderson BDC

Kayne Anderson BDC Inc. is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc. is based in CHICAGO.

About AlphaTime Acquisition

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.