Contrasting Kayne Anderson BDC (NYSE:KBDC) & Global Lights Acquisition (NASDAQ:GLAC)

Kayne Anderson BDC (NYSE:KBDC) and Global Lights Acquisition (NASDAQ:GLAC) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, institutional ownership, earnings, dividends, risk and analyst recommendations.

Profitability

This table compares Kayne Anderson BDC and Global Lights Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kayne Anderson BDC	59.80%	12.65%	6.77%
Global Lights Acquisition	N/A	N/A	N/A

Valuation & Earnings

This table compares Kayne Anderson BDC and Global Lights Acquisition”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kayne Anderson BDC	$122.29 million	9.54	$77.07 million	N/A	N/A
Global Lights Acquisition	N/A	N/A	N/A	N/A	N/A

Kayne Anderson BDC has higher revenue and earnings than Global Lights Acquisition.

Institutional & Insider Ownership

83.4% of Global Lights Acquisition shares are held by institutional investors. 3.2% of Kayne Anderson BDC shares are held by company insiders. Comparatively, 23.1% of Global Lights Acquisition shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Kayne Anderson BDC and Global Lights Acquisition, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kayne Anderson BDC	0	2	2	1	2.80
Global Lights Acquisition	0	0	0	0	0.00

Kayne Anderson BDC currently has a consensus price target of $17.30, indicating a potential upside of 5.42%. Given Kayne Anderson BDC’s stronger consensus rating and higher probable upside, analysts plainly believe Kayne Anderson BDC is more favorable than Global Lights Acquisition.

Summary

Kayne Anderson BDC beats Global Lights Acquisition on 8 of the 10 factors compared between the two stocks.

About Kayne Anderson BDC

Kayne Anderson BDC Inc. is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc. is based in CHICAGO.

About Global Lights Acquisition

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.