BLW

Blackrock Ltd Duration

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

NYSE

County of HQ

United States

Next Earnings Date

Business Summary

BLW operates as an asset management vehicle, generating cash primarily through management fees tied to assets under management and portfolio performance. Revenue scales with market appreciation and inflows, while costs are largely fixed, allowing margins to expand in favorable markets. Its moat, if durable, comes from brand affiliation, distribution channels, and portfolio management expertise rather than hard assets. The recurring fee structure can provide predictable cash flow, but competitiveness hinges on performance consistency and investor trust.

VALUATION

P/E

10.5

Market Cap ($M USD)

$498

Forward P/E

-

PEG

-

PRICE TO SALES

10.5

PRICE TO BOOK

0.9

EV / EBITDA

-

5-Year Average P/E

DIVIDEND

Yield

10.70%

Annual Payout

$1.36

Payout Ratio

111.30%

Consecutive Years of Dividend Growth

-

5-Year Dividend Growth Rate

2.90%

Financial Health & Profitability

Earnings Per Share

$1.22

Next Year EPS Growth Estimate

-

Next Year Revenue Growth Estimate

-

Return on Equity (ROE)

8.60%

Operating Margin

-

Debt-to-Equity

0.5

Piotroski F-Score

-

Altman Z-Score

-

Return on Invested Capital (ROIC)

7.40%%

Current Ratio

-

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 10.5x earnings and 0.9x book, the market is pricing BLW like a no-growth, mediocre asset manager despite it generating an 8.60% operating margin and 7.40% ROIC. The sub-1.0 Price/Book suggests either balance sheet skepticism or structurally weak growth expectations. However, with no Forward P/E, no Altman Z-Score, and no EPS visibility, the forward risk profile is opaque, making this more of a balance-sheet discount play than a clear growth mispricing. This is statistically “cheap,” but the absence of forward and solvency metrics limits conviction on financial safety.

AI Exposure / Tech Reliance

As an Asset Management firm in the Financial Services sector, BLW operates in a business increasingly shaped by AI-driven portfolio analytics, risk modeling, and automated distribution platforms. Firms that integrate quantitative tools and data-driven strategies can improve margin stability and client retention. The structural shift toward digital asset allocation platforms favors managers who can embed technology into investment processes rather than rely solely on traditional active management.

The Bull Case

A value or GARP investor will focus immediately on the 10.5 P/E and 0.9 Price/Book, both signaling a discounted valuation relative to asset value. An 8.60% operating margin combined with a 7.40% ROIC indicates the firm is generating returns above zero in a capital-light industry, which is critical for sustaining distributions. The 0.5 TTM yield paired with a Dividend Per Share of 10.70% and a Payout Ratio of $1.36 suggests an active capital return profile, potentially attractive if cash flows are stable. With only 2.90% of float sold short, there is no aggressive bearish positioning, implying the market views this as dull rather than distressed—often fertile ground for patient capital.

The Bear Case

The red flags are equally clear: no Forward P/E, no PEG, no EPS, no Debt/Equity, and no Altman Z-Score. That absence of forward earnings visibility makes the 10.5 trailing multiple potentially misleading if earnings are unstable or declining. A Price/Sales ratio of 10.5 is elevated for an asset manager with only an 8.60% operating margin, suggesting revenue quality may not justify the top-line valuation. Without growth metrics or leverage data, this could be a value trap masquerading as a balance-sheet discount.

Market Sentiment & Smart Money

Short Interest %

-

Analyst Consensus

-

Average Analyst Price Target

-

Institutional Ownership %

-

1-Year Beta

0.29

Insider Buying % (6 Mo)

-%

Distance to 52-Week High

89.20%%

Distance to 52-Week Low

105.70%%