Bain Capital Specialty Finance, Inc.

AI-generated fair value estimate for this company.

Method: NAV-based valuation using the June 30, 2026 reported net asset value per share of $16.65; annualized net investment income yield on NAV of ~10.6% is close to an estimated 10-11% cost of equity for a middle-market BDC, supporting a fair value near book despite the stock's current ~33% discount to NAV

Reasoning: Bain Capital Specialty Finance's floating-rate loan portfolio is fair-valued quarterly, so NAV per share is the most defensible intrinsic-value anchor; a four-quarter streak of NAV declines and dividend-coverage compression argue against valuing it above book, but current NII still roughly covers the dividend, supporting value at NAV rather than a further discount