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ETRACS MarketVector Business Development Companies Liquid Index ETN due April 26, 2041 (BDCZ)

ARCA Large Cap

Financial Services › National Commercial Banks

$14.89
Market Cap: $57.4B
Data as of Dec 31, 2025

Price History

Feb 9, 2026 — May 19, 2026

Investment Snapshot

  • Trading 32% below Graham Number ($21.92) — significant margin of safety
  • Piotroski F-Score 5/9 — moderate financial health
  • ROE of 4.0% — below-average profitability

ETRACS MarketVector Business Development Companies Liquid Index ETN due April 26, 2041 (BDCZ) is a Financial Services company operating in National Commercial Banks, listed on the ARCA , with a market capitalisation of $57.4 billion . Key value metrics: P/E ratio 16.1, P/B ratio 0.64, Piotroski F-Score 5 out of 9 (moderate financial health) .

Value Score

Key Metrics

P/E Ratio
16.11
0.64
EPS
$0.92
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 4 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Financial Services stocks →

ETRACS MarketVector Business Development Companies Liquid Index ETN due April 26, 2041 — Fundamental Analysis Summary

ETRACS MarketVector Business Development Companies Liquid Index ETN due April 26, 2041 (BDCZ) is trading 32% below its Graham Number of $21.92 — a significant margin of safety by Benjamin Graham's standard. The stock carries a reasonable trailing P/E ratio of 16.1x.

On financial health, BDCZ shows a moderate Piotroski F-Score of 5/9, and modest return on equity of 4.0% (sector average: 4.9%), and high leverage with a debt-to-equity ratio of 16.63.

StockPik's composite Value Score for BDCZ is 72/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

BDCZ shows earnings growing at 133%.

Top Value Stocks in Financial Services

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ADAM $8.90 5.5 100
ACIC $10.80 5.3 100
ATLCL $24.99 3.2 100
ACGLN $16.60 1.4 100
ACGLO $19.77 1.6 100
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How is the Value Score calculated?
Read our full methodology →
What is the margin of safety?
How to calculate the margin of safety using the Graham Number, and what counts as a good margin of safety →
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