Is Blue Owl Capital Corp. overvalued or undervalued?

As of 30 December 2019, Blue Owl Capital Corp. has moved from an attractive to a very attractive valuation grade. The company appears to be undervalued, with a P/E ratio of 11, which is lower than its peer AerCap Holdings NV at 10.43 and significantly lower than SoFi Technologies, Inc. at 33.11. Additionally, Blue Owl's EV to EBITDA stands at 5.93, which is more favorable compared to AerCap's 10.10, indicating a potentially better value proposition.
The company's Price to Book Value is 0.96, suggesting that it is trading below its book value, further supporting the undervaluation thesis. With a robust ROCE of 16.17% and a high dividend yield of 858.61%, the financial health and return potential of Blue Owl Capital Corp. seem promising. Despite recent stock performance lagging behind the S&P 500 over the past year, the valuation metrics indicate that the company is positioned well for future growth.