Head to Head Analysis: byNordic Acquisition (NASDAQ:BYNO) vs. Kayne Anderson BDC (NYSE:KBDC)

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

Institutional & Insider Ownership

32.9% of byNordic Acquisition shares are held by institutional investors. 3.2% of Kayne Anderson BDC shares are held by insiders. Comparatively, 2.0% of byNordic Acquisition shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Kayne Anderson BDC and byNordic 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
byNordic Acquisition	0	0	0	0	0.00

Kayne Anderson BDC currently has a consensus target price of $17.30, suggesting a potential upside of 4.03%. Given Kayne Anderson BDC’s stronger consensus rating and higher possible upside, analysts clearly believe Kayne Anderson BDC is more favorable than byNordic Acquisition.

Earnings & Valuation

This table compares Kayne Anderson BDC and byNordic Acquisition”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kayne Anderson BDC	$114.11 million	10.35	$77.07 million	N/A	N/A
byNordic Acquisition	N/A	N/A	N/A	N/A	N/A

Kayne Anderson BDC has higher revenue and earnings than byNordic Acquisition.

Profitability

This table compares Kayne Anderson BDC and byNordic 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%
byNordic Acquisition	N/A	N/A	N/A

Summary

Kayne Anderson BDC beats byNordic Acquisition on 9 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 byNordic Acquisition

byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.