EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Fidus Investment Corp (FDUS) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Fidus Investment Corp $28.22, price $19.08, upside +47.9%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
  3. Add to watchlist

Financial Services · US · ISIN US3165001070

FI Fidus Investment Corp logo Broad data Sep 24, 2026

Fidus Investment Corp

FDUS · US

SpeculativeUpside exists, but weak quality makes the signal speculative.

✓Fair value $28.22 · Undervalued (+48%)
!Quality 38/100
!Mixed Growth (revenue 5y +31.8 %/yr)
✓Highly profitable · 45.4% net margin (TTM)
!Low debt · negative free cash flow
·9.01% dividend yield
✓Ranks above peers (9/14)
✓Wide moat 68/100
!Insider activity 30/100
Watch Fidus Investment Corp for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$20.22 $8.94 Fair Value $28.22 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range $8.94 – $20.22 · fair‑value band $16.92 – $35.28 · the $19.08 price screens below the $28.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

Follow Fidus Investment in your weekly email

Every Wednesday you see whether Fidus Investment is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Fidus Investment Corporation is a business development company.

Show more

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $30 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $5 million and $30 million, but it can occasionally invest in larger or smaller companies. The fund typically invests between $5 million and $15 million in debt investment. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.

Stock analysis

Fidus Investment Corp (FDUS) currently trades at $19.08, while our model-based Fair Value estimate is $28.22, implying the stock looks roughly 32.4% undervalued today.

Show more

Valuation

Bull case: the Earnings-Based group reads highest at a median of $44.03 per share, and 4 of the 6 models we run sit above the $19.08 price.

Bear case: the Asset-Based group reads lowest at $13.10, and 2 of the 6 models stay below the price. Evidence for this calculation is high.

Scenario range: $16.92 (bear) to $35.28 (bull), the price of $19.08 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 38/100 (below-average quality), in the Financial Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Fidus Investment Corp reported revenue of $159M in FY2025 versus $127M in FY2021, a compound +5.8%/yr. Reported net income was $82.4M in FY2025, compounding −8.2%/yr from FY2021.

Key figures

Market cap $724M · P/E ratio 9.2 · P/S ratio 4.77 · EPS (TTM) $2.07 · Dividend yield 9.0% · Net margin 51.7% · Return on equity 10.8% · Return on assets (EBIT) 6.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 6% below its 52-week high and 19% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −4% fair-value upside, at 48%, FDUS screens cheaper than that median.

Fair Value models

Bear $16.92 Fair Value $28.22 Bull $35.28
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.2560 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income $16.63 $18.40 $26.16 76
Graham-Dodd $14.76 $102.96 $144.49 63
P/E Multiple $21.17 $28.22 $35.28 63
All 6 models by family
Earnings-Based
Graham-Dodd $14.76 $102.96 $144.49 63
Lynch FV $30.82 $44.03 $57.24 61
Multiples
P/E Multiple $21.17 $28.22 $35.28 63
P/B Multiple $20.52 $27.37 $34.21 55
Asset-Based
NCAV (Graham) $9.77 $13.10 $19.55 54
Economic Profit
Residual Income $16.63 $18.40 $26.16 76

Open the full fair value analysis →

Notify me when FDUS reaches fair value

Put FDUS on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 62

Profitability 42
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 49
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 5
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+40.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+30.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+31.8%
Start year 2020 (pandemic). Over 10 years: +18.1% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.3%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+12.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.2%
Dividend (yield on the price)9.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.3% vs 4%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.82% → 76%
Start year 2020 (pandemic)

Watch FDUS, get fair value alerts →

Compare Fidus Investment Corp with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 659 stocks

Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 39 · Bottom 25%
Fair Value upside +48% · Above median
Profitability
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 45% · Above median
Operating margin (TTM) 68% · Above median
Growth and dividend
Revenue growth 9% · Above median
Dividend yield (TTM) 9.0% · Top 25%
Balance sheet
Debt / equity 0.33× · Above median

Valuation Multiplesvs Asset Management median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than median
P/B 0.98× · Pricier than median
P/S (TTM) 4.25× · Pricier than median
EV/EBITDA 7.5× · Cheaper than median
PEG 3.52× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)97 · sector 55
FUTURE (revenue growth)44 · sector 20
PAST (return on equity)43 · sector 22
HEALTH (low debt)83 · sector 95
DIVIDEND (yield)100 · sector 80

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $124.01 $52.88 −57%
Brookfield Corporation BN $37.85 $13.75 −64%
KKR & Co KKR $98.44 $19.97 −80%
Apollo Global Management, Inc APO $124.15 $229.64 +85%
State Street Corporation STT $180.25 $138.33 −23%
Ameriprise Financial, Inc AMP $512.37 $579.51 +13%
Ares Management Corporation ARES $124.72 $119.25 −4%
Northern Trust Corporation NTRS $173.40 $122.02 −30%
Raymond James Financial, Inc RJF $159.39 $312.27 +96%
T. Rowe Price Group TROW $104.17 $208.34 +100%

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Fidus Investment Corp · Fair Value
$28.22 +32%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Fidus Investment Corp Fair Value". https://www.fairvalue-calculator.com/stock/FDUS

Frequently asked questions

Is Fidus Investment Corp (FDUS) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $28.22 versus a price of $19.08, about +48% upside (undervalued).
What is the fair value of FDUS?
Our model-based fair value for Fidus Investment Corp is $28.22 (as of Sep 24, 2026), built from audited fundamentals. The current price: $19.08.
What is the quality score of FDUS?
Fidus Investment Corp has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Fidus Investment Corp (FDUS)?
Our model-based price target is the fair value of $28.22 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario $16.92, optimistic scenario $35.28. It is a calculation from audited fundamentals, not an analyst target.
What is the Fidus Investment Corp stock forecast for 2026?
Our models put fair value at $28.22, about +48% upside versus a price of $19.08 (undervalued). Cautious scenario $16.92, optimistic scenario $35.28. The calculation is refreshed regularly with new filings.
What is the revenue of Fidus Investment Corp (FDUS)?
Fidus Investment Corp reported trailing-twelve-month revenue of about $170M (latest available figure, as of Sep 24, 2026).
Does Fidus Investment Corp pay a dividend?
Fidus Investment Corp currently shows a dividend yield of about 9.01% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Fidus Investment Corp (FDUS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Fidus Investment Corp it is $28.22 per share (as of Sep 24, 2026), against a price of $19.08. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Fidus Investment Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, FDUS trades below its calculated fair value: price $19.08, fair value $28.22, a gap of about +48% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FDUS?
No. The price is what the market pays today ($19.08); the fair value is what the company's own numbers justify ($28.22). For Fidus Investment Corp the two are $9.14 per share apart. That gap is exactly why we show both numbers side by side.
How much is Fidus Investment Corp worth?
The market values Fidus Investment Corp at about $724M (market capitalisation, as of Sep 24, 2026). Per share that is $19.08; our models calculate a fair value of $28.22 per share.
What do the bullish and bearish scenarios say about FDUS?
Our models span a range for Fidus Investment Corp: cautious scenario $16.92, base $28.22, optimistic $35.28 per share (as of Sep 24, 2026, price $19.08). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FDUS?
Fidus Investment Corp trades at a price-to-earnings ratio of 9.2 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $28.22 is built from several models across several years. Other multiples: PEG 3.5, P/B 1.0, P/S 4.2, EV/EBITDA 7.5.
What is the PEG ratio of FDUS?
The PEG ratio of Fidus Investment Corp is 3.52 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Fidus Investment Corp (FDUS)?
Balance-sheet figures for Fidus Investment Corp (as of Sep 24, 2026): return on equity 10.8%, debt of 0.33 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is FDUS from its 52-week high?
Fidus Investment Corp trades at $19.08, about 6% below its 52-week high of $20.22 and 19% above the low of $16.00 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $28.22 is for.
Which stocks are comparable to Fidus Investment Corp?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Corporation, KKR & Co, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Fidus Investment Corp stock attractive at the current price?
The data as of Sep 24, 2026: price $19.08, calculated fair value $28.22 (+48%), Quality Score 38/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FDUS calculated?
We run Fidus Investment Corp through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $28.22, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Fidus Investment Corp currently trades 48 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Fidus Investment Corp (FDUS)?
The closing price on Sep 23, 2026 was $19.08. Our model-based fair value is $28.22, about +48% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Fidus Investment Corp right now?
The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain. A fairly wide model range ($16.92 to $35.28) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Fidus Investment Corp (FDUS) come from?
Earnings per share at Fidus Investment Corp grew +3.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.6 %, EBIT margin −0.3 %, tax rate −0.4 %, residual (interest, one-offs) −2.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Fidus Investment Corp

How large is the market capitalisation of Fidus Investment Corp (FDUS)?
The market capitalisation of Fidus Investment Corp is $724M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Fidus Investment Corp (FDUS)?
The price-to-sales ratio of Fidus Investment Corp is 4.77 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Fidus Investment Corp (FDUS)?
Earnings per share at Fidus Investment Corp are $2.07 (price ÷ EPS = P/E 9.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Fidus Investment Corp (FDUS)?
The dividend yield of Fidus Investment Corp is 9.0% (payout 83.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Fidus Investment Corp (FDUS)?
The net margin of Fidus Investment Corp is 51.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Fidus Investment Corp (FDUS)?
The return on equity (ROE) of Fidus Investment Corp is 10.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Fidus Investment Corp (FDUS)?
On an EBIT basis the return on assets of Fidus Investment Corp is 6.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Fidus Investment Corp (FDUS)?
The operating margin of Fidus Investment Corp is 68.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Fidus Investment Corp (FDUS)?
Revenue at Fidus Investment Corp is growing +8.8% versus a year earlier (3y avg +30.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Fidus Investment Corp (FDUS)?
Earnings per share at Fidus Investment Corp are growing −26.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Fidus Investment Corp (FDUS) generate?
The free cash flow of Fidus Investment Corp is −$147M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Fidus Investment Corp (FDUS) carry?
The net debt of Fidus Investment Corp is $574M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Fidus Investment Corp in the live analysis

One click puts Fidus Investment Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.