Blue Owl Capital Corporation (OBDC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Blue Owl Capital Corporation stock $21.88, price $10.94, upside +100.0%, quality 66 out of 100. Rating: strongly undervalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $6.48 – $12.96 · fair‑value band $5.78 – $33.45 · the $10.94 price screens below the $21.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments.
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The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.
Within private equity, it seeks to invest in growth, acquisitions, market or product expansion, refinancings and recapitalizations.
It seeks to invest in middle market and upper middle market companies based in the United States, with EBITDA between $10 million and $250 million annually and/or annual revenue of $50 million and $2500 million at the time of investment.
It seeks to invest in investments with maturities typically between three and ten years. It seeks to make investments generally ranging in size between $20 million and $250 million.
Stock analysis
Blue Owl Capital Corporation (OBDC) currently trades at $10.94, while our model-based Fair Value estimate is $21.88, implying the stock looks roughly 50% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $145.45 per share, and 10 of the 11 models we run sit above the $10.94 price.
Bear case: the Asset-Based group reads lowest at $10.11, and 1 of the 11 models stay below the price. Data coverage for this calculation is high.
Scenario range: $5.78 (bear) to $33.45 (bull), the price of $10.94 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 66/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Blue Owl Capital Corporation reported revenue of $1.7B in FY2025 versus $882M in FY2021, a compound +17.5%/yr. Reported net income was $627M in FY2025, compounding +0.1%/yr from FY2021.
Key figures
Market cap $5.4B Mid · P/E ratio 16.1 · P/S ratio 3.19 · EPS (TTM) $0.6800 · Dividend yield 11.3% · Net margin 17.0% · Return on equity 3.9% · Return on assets (EBIT) 5.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 11% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at 100%, OBDC screens cheaper than that median.
Fair Value models
Bear$5.78Fair Value $21.88Bull$33.45
Price $10.94 · Upside +100.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
In the last 6 months, 2 officers or directors bought shares worth $90,350, most recently on Aug 28, 2026. Buying cluster
BuyEric A. KayeDirector3× since Feb 25, 2026: 3,000 shares, avg. $11.49$34,463Aug 28, 2026
BuyLogan NicholsonPresident4× since Nov 18, 2025: 41,000 shares, avg. $11.58$474,750Aug 20, 2026
BuyNeena ReddyVice President and Secretary7,890 shares at $13.06$103,043Nov 26, 2025
BuyCraig PackerChief Executive Officer, Director83,200 shares at $11.75$977,600Nov 18, 2025
BuyChris TempleDirector8,000 shares at $12.03$96,240Nov 12, 2025
BuyMelissa WeilerDirector10,000 shares at $11.99$119,900Nov 10, 2025
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
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.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+52.6%
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.
+27.6%
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.
+30.8%
Start year 2020 (pandemic)
Revenue growth 9 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.
+59.7%
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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. Basis: adjusted.
+11.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.6%
Dividend (yield on the price)11.3%
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.−4.2% vs 35.7%, slowing
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.90% → 73%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−25.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−1.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −27.2% a year for the price and −3.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
Compare Blue Owl Capital Corporation with another stock
Price, fair value, quality and upside side by side.
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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 · 587 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score66 · Above median
Fair Value upside+100.0% · Top 25%
Profitability
Return on equity (12 months)3.9% · Below median
Return on assets3.7% · Below median
Net margin (12 months)17.0% · Below median
Operating margin (12 months)74.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)−17.4% · Bottom 25%
Dividend yield (12 months)11.3% · Top 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Blue Owl Capital Corporation Fair Value". https://www.fairvalue-calculator.com/stock/OBDC
Frequently asked questions
Is Blue Owl Capital Corporation (OBDC) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $21.88 versus a price of $10.94, about +100% upside (undervalued).
What is the fair value of OBDC?
Our model-based fair value for Blue Owl Capital Corporation is $21.88 (as of Nov 7, 2026), built from audited fundamentals. The current price: $10.94.
What is the quality score of OBDC?
Blue Owl Capital Corporation has a Quality Score of 66/100. 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 Blue Owl Capital Corporation (OBDC)?
Our model-based price target is the fair value of $21.88 (as of Nov 7, 2026) from 11 valuation models. Cautious scenario $5.78, optimistic scenario $33.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Blue Owl Capital Corporation stock forecast for 2026?
Our models put fair value at $21.88, about +100% upside versus a price of $10.94 (undervalued). Cautious scenario $5.78, optimistic scenario $33.45. The calculation is refreshed regularly with new filings.
What is the revenue of Blue Owl Capital Corporation (OBDC)?
Blue Owl Capital Corporation reported trailing-twelve-month revenue of about $1.7B (latest available figure, as of Nov 7, 2026).
Does Blue Owl Capital Corporation pay a dividend?
Blue Owl Capital Corporation currently shows a dividend yield of 11.33% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Blue Owl Capital Corporation (OBDC) and when is the ex-dividend date?
Blue Owl Capital Corporation pays a dividend of $1.24 per share a year, a dividend yield of 11.3%. The last ex-dividend date was Sep 30, 2026. A dividend has been paid every year since at least 2019. The payout ratio is 182% of earnings. Free cash flow covers the dividend 2.87 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Blue Owl Capital Corporation (OBDC)?
For today's price to be fair in a discounted-cash-flow model, Blue Owl Capital Corporation would have to grow free cash flow by -25.4 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +30.8 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of OBDC use?
Our models discount Blue Owl Capital Corporation at 9.0 %: a base by market capitalisation (mid), damped by beta 0.70, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Blue Owl Capital Corporation that is -25.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Blue Owl Capital Corporation (OBDC) delivered so far?
Over the past 5 years revenue at Blue Owl Capital Corporation grew +30.8 % a year. The price currently implies free-cash-flow growth of -25.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Blue Owl Capital Corporation (OBDC) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Blue Owl Capital Corporation (-25.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Blue Owl Capital Corporation (OBDC)?
The free-cash-flow yield on the price is 32.13 %: that much free cash flow Blue Owl Capital Corporation produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Blue Owl Capital Corporation (OBDC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Blue Owl Capital Corporation it is $21.88 per share (as of Nov 7, 2026), against a price of $10.94. It is the blended result of 11 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Blue Owl Capital Corporation stock overvalued or undervalued in 2026?
As of Nov 7, 2026, OBDC trades below its calculated fair value: price $10.94, fair value $21.88, a gap of about +100% (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 OBDC?
No. The price is what the market pays today ($10.94); the fair value is what the company's own numbers justify ($21.88). For Blue Owl Capital Corporation the two are $10.94 per share apart. That gap is exactly why we show both numbers side by side.
How much is Blue Owl Capital Corporation worth?
The market values Blue Owl Capital Corporation at about $5.4B (market capitalisation, as of Nov 7, 2026). Per share that is $10.94; our models calculate a fair value of $21.88 per share.
What do the bullish and bearish scenarios say about OBDC?
Our models span a range for Blue Owl Capital Corporation: cautious scenario $5.78, base $21.88, optimistic $33.45 per share (as of Nov 7, 2026, price $10.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of OBDC?
Blue Owl Capital Corporation trades at a price-to-earnings ratio of 16.1 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $21.88 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2019 to 2025), reported earnings, 5 of the years ex one-offs: 10.0. Other multiples: P/B 0.7, P/S 3.2, EV/EBITDA 4.4.
How solid is the balance sheet of Blue Owl Capital Corporation (OBDC)?
Balance-sheet figures for Blue Owl Capital Corporation (as of Nov 7, 2026): return on equity 3.9%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is OBDC from its 52-week high?
Blue Owl Capital Corporation trades at $10.94, about 8% below its 52-week high of $11.92 and 11% above the low of $9.86 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $21.88 is for.
Which stocks are comparable to Blue Owl Capital Corporation?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, 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 Blue Owl Capital Corporation stock attractive at the current price?
The data as of Nov 7, 2026: price $10.94, calculated fair value $21.88 (+100%), Quality Score 66/100, from 11 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 OBDC calculated?
We run Blue Owl Capital Corporation through 11 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $21.88 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Blue Owl Capital Corporation currently trades 50% 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 Blue Owl Capital Corporation (OBDC)?
The closing price on Nov 6, 2026 was $10.94. Our model-based fair value is $21.88, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Blue Owl Capital Corporation right now?
The model range is unusually wide ($5.78 to $33.45). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Blue Owl Capital Corporation
How large is the market capitalisation of Blue Owl Capital Corporation (OBDC)?
The market capitalisation of Blue Owl Capital Corporation is $5.4B. 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 Blue Owl Capital Corporation (OBDC)?
The price-to-sales ratio of Blue Owl Capital Corporation is 3.19 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Blue Owl Capital Corporation (OBDC)?
Earnings per share at Blue Owl Capital Corporation are $0.6800 (price ÷ EPS = P/E 16.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Blue Owl Capital Corporation (OBDC)?
The dividend yield of Blue Owl Capital Corporation is 11.3% (payout 182%). 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 Blue Owl Capital Corporation (OBDC)?
The net margin of Blue Owl Capital Corporation is 17.0% (last twelve months). 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 Blue Owl Capital Corporation (OBDC)?
The return on equity (ROE) of Blue Owl Capital Corporation is 3.9% (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 Blue Owl Capital Corporation (OBDC)?
On an EBIT basis the return on assets of Blue Owl Capital Corporation is 5.2% (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 Blue Owl Capital Corporation (OBDC)?
The operating margin of Blue Owl Capital Corporation is 74.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Blue Owl Capital Corporation (OBDC)?
Revenue at Blue Owl Capital Corporation is growing −17.4% versus a year earlier (3y avg +27.6%). 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 Blue Owl Capital Corporation (OBDC)?
Earnings per share at Blue Owl Capital Corporation are growing −50.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Blue Owl Capital Corporation (OBDC) carry?
The net debt of Blue Owl Capital Corporation is $9.3B (fiscal year 2025, ≈ 5.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026