Critical Contrast: Evergreen (NASDAQ:EVGR) vs. Kayne Anderson BDC (NYSE:KBDC)

Evergreen (NASDAQ:EVGR) and Kayne Anderson BDC (NYSE:KBDC) are both small-cap finance, insurance, and real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, dividends and risk.

Valuation & Earnings

This table compares Evergreen and Kayne Anderson BDC”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Evergreen	N/A	N/A	$3.67 million	$0.28	42.74
Kayne Anderson BDC	$122.29 million	9.60	$77.07 million	N/A	N/A

Kayne Anderson BDC has higher revenue and earnings than Evergreen.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Evergreen	N/A	-31.43%	4.04%
Kayne Anderson BDC	59.80%	12.65%	6.77%

Insider and Institutional Ownership

69.3% of Evergreen shares are owned by institutional investors. 42.2% of Evergreen shares are owned by company insiders. Comparatively, 3.2% of Kayne Anderson BDC shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and target prices for Evergreen and Kayne Anderson BDC, as provided by MarketBeat.com.

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

Kayne Anderson BDC has a consensus price target of $17.30, indicating a potential upside of 4.75%. Given Kayne Anderson BDC’s stronger consensus rating and higher possible upside, analysts plainly believe Kayne Anderson BDC is more favorable than Evergreen.

Summary

Kayne Anderson BDC beats Evergreen on 9 of the 11 factors compared between the two stocks.

About Evergreen

Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.

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.