NYSE
PFLT
Last Price
US $7.51
KEY FIGURES
MKT CAP
$0.7B
EPS
TTM
$0.62
PEG
TTM
N/M
P/E
TTM
10.98x
P/S
TTM
4.28x
YIELD
16.36%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
5.84%
Return on equity
ROIC: 3.21%
Valuation History
11.0X
Price to Earnings
EV/EBITDA: 26.1X
Cash flow
Profit margin
28.07%
(FY vs FY)
EBITDA Y/Y
29.11%
(FY vs FY)
Cash flow Y/Y
-
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $7.51
—
Default assumptions
EBITDA Multiple
Fair Value
Market $7.51
—
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
PennantPark Floating Rate Capital Ltd. cash flow to debt ratio of 5.35% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial stability - Healthy cash flow growth.
PennantPark Floating Rate Capital Ltd.'s free cash flow has increased -111.86% from $-801.38M last year to $95.04M, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
PennantPark Floating Rate Capital Ltd.'s debt to equity ratio is 1.61, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
PennantPark Floating Rate Capital Ltd.'s debt has increased relative to shareholder equity from 1.34 last year to 1.61 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
PennantPark Floating Rate Capital Ltd. has a net debt to EBITDA ratio of 24.51x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
PennantPark Floating Rate Capital Ltd. earns at least as much interest as it pays. Interest obligations are fully covered.
Financial risk - Profit margin growth.
PennantPark Floating Rate Capital Ltd.'s profit margin has decreased (-36.35%) in the last year from 54.72% to 34.83%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
PennantPark Floating Rate Capital Ltd.'s short-term assets of $136.52M exceed its short-term liabilities of $46.36M
Decreasing performance - ROA.
PennantPark Floating Rate Capital Ltd.'s return on assets of 2.26% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
PennantPark Floating Rate Capital Ltd.'s return on equity of 5.84%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
PennantPark Floating Rate Capital Ltd.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
PennantPark Floating Rate Capital Ltd. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
PennantPark Floating Rate Capital Ltd. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
PennantPark Floating Rate Capital Ltd. has a free cash flow yield of 12.94%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
PennantPark Floating Rate Capital Ltd.'s yearly earnings has decreased -27.74% since last year from $91.84M to $66.36M, signaling decreasing performance
Decreasing performance - Healthy revenue growth.
PennantPark Floating Rate Capital Ltd.'s yearly revenue has decreased -7.96% since last year from $186.35M to $171.52M, signaling decreasing performance
Decreasing performance - ROIC.
ROIC 3.21% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Increasing performance - 3-year revenue CAGR.
PennantPark Floating Rate Capital Ltd.'s 3-year revenue CAGR of 60.65% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
PennantPark Floating Rate Capital Ltd. had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
PennantPark Floating Rate Capital Ltd. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
PennantPark Floating Rate Capital Ltd. has insufficient data to evaluate this check.
Undervalued - Earnings yield.
PennantPark Floating Rate Capital Ltd. has an earnings yield of 8.44%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
PennantPark Floating Rate Capital Ltd. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model
Overvalued - EV/EBITDA.
PennantPark Floating Rate Capital Ltd. has an EV/EBITDA ratio of 26.06x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Overvalued - PEG ratio value.
PennantPark Floating Rate Capital Ltd. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
PennantPark Floating Rate Capital Ltd. has a price-to-book ratio of 0.71x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
PennantPark Floating Rate Capital Ltd. has a price-to-sales ratio of 4.13x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue