Barings BDC, Inc.

AI-generated fair value estimate for this company.

Method: NAV-based valuation using Q2 2026 reported net asset value per share ($10.94); net investment income yield on NAV of ~10.2% is roughly in line with an estimated 10-11% cost of equity for a floating-rate middle-market BDC, so fair value is set at reported NAV rather than a premium or discount

Reasoning: Barings BDC's portfolio is marked to fair value each quarter, making NAV per share a more reliable proxy for intrinsic value than a multi-year cash-flow projection for a floating-rate loan book whose income is highly sensitive to the rate cycle; NII currently covers the dividend and ROE is close to the cost of equity, supporting a value near book