GSBD
Goldman Sachs BDC, Inc. Financial Services - BDC Investor Relations →
Goldman Sachs BDC, Inc. (GSBD) closed at $8.61 as of 2026-07-31, trading 9.1% below its 200-week moving average of $9.47. This places GSBD in the deep value zone. The stock is currently moving closer to the line, down from -8.6% last week. The 14-week RSI sits at 43, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.70 ratio) is neutral — neither side is clearly dominating.
Over the past 545 weeks of data, GSBD has crossed below its 200-week moving average 13 times. On average, these episodes lasted 12 weeks. Historically, investors who bought GSBD at the start of these episodes saw an average one-year return of +16.5%.
With a market cap of $969 million, GSBD is a small-cap stock. The company generates a free cash flow yield of 9.9%, which is notably high. Return on equity stands at 5.1%. The stock trades at 0.7x book value.
Share count has increased 9.4% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 10.5 years, a hypothetical investment of $100 in GSBD would have grown to $144, compared to $458 for the S&P 500. GSBD has returned 3.6% annualized vs 15.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 128.1% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GSBD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GSBD Crosses Below the Line?
Across 13 historical episodes, buying GSBD when it crossed below its 200-week moving average produced an average return of +16.1% after 12 months (median +14.0%), compared to +23.6% for the S&P 500 over the same periods. 77% of those episodes were profitable after one year. After 24 months, the average return was +24.2% vs +50.2% for the index.
Each line shows $100 invested at the moment GSBD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices GSBD would reach each dislocation threshold.
Dislocation Price Levels
Prices where GSBD's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-06.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $8.17 | Unusually cheap — potential buy zone |
| Value | +1σ | $8.48 | Cheap vs. own history |
| Fair Value | +0σ | $8.81 | Historical mean behavior |
| Expensive | -1σ | $9.18 | Expensive vs. own history |
| Deep Expensive | -2σ | $9.57 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from GSBD's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
GSBD has crossed below its 200-week MA 13 times with an average 1-year return of +16.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2016 | May 2016 | 11 | 8.5% | +46.0% | +49.0% |
| May 2016 | May 2016 | 1 | 0.4% | +25.3% | +37.3% |
| Feb 2018 | Mar 2018 | 1 | 0.0% | +16.7% | +20.4% |
| Dec 2018 | Dec 2018 | 1 | 2.1% | +30.3% | +20.0% |
| Mar 2020 | Nov 2020 | 35 | 42.5% | +49.9% | +34.6% |
| Sep 2022 | Oct 2022 | 4 | 5.1% | +14.4% | +1.1% |
| Nov 2022 | Jan 2023 | 6 | 7.7% | +10.1% | -4.5% |
| Mar 2023 | Jul 2023 | 18 | 10.0% | +26.0% | +1.5% |
| Oct 2023 | Oct 2023 | 1 | 1.4% | +12.9% | -4.4% |
| Nov 2024 | Jan 2025 | 11 | 5.6% | -9.7% | -12.1% |
| Feb 2025 | Feb 2025 | 1 | 0.3% | -13.2% | -12.6% |
| Mar 2025 | Jun 2025 | 17 | 16.5% | -10.3% | -11.2% |
| Jul 2025 | Ongoing | 53+ | 12.4% | Ongoing | -8.6% |
| Average | 12 | — | +16.5% | — |
Frequently Asked Questions
Is GSBD below its 200-week moving average?
Yes. As of 2026-07-31, Goldman Sachs BDC, Inc. (GSBD) is trading 9.1% below its 200-week moving average of $9.47. The current price is $8.61.
What is GSBD's 200-week moving average price?
Goldman Sachs BDC, Inc.'s 200-week moving average is $9.47 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GSBD drops below its 200-week moving average?
GSBD has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +16.5%. These dips have historically been decent entry points. These episodes lasted 12 weeks on average.
Is GSBD a good value right now?
Here's what our data says about GSBD as of 2026-07-31: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 43. Free cash flow yield is 9.9%. Return on equity is 5.1%. Price-to-book is 0.7x. This is not a buy or sell recommendation — always do your own research.
How does GSBD compare to the S&P 500?
Over the past 10.5 years, $100 invested in GSBD would have grown to $144, compared to $458 for the S&P 500. That's 3.6% annualized vs 15.6% for the index. GSBD has underperformed the broader market over this period.
Does GSBD pay a dividend?
Yes. Goldman Sachs BDC, Inc. currently pays a dividend yield of 1143.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31