PennantPark Floating Rate Capital Ltd PFLT

Morningstar Rating
$11.48 +0.05 (0.44%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PFLT is trading at a 116% premium.
Price
$11.45
Fair Value
$47.33
Uncertainty
High
1-Star Price
$92.89
5-Star Price
$9.71
Economic Moat
Nqnfm
Capital Allocation

News

Trading Information

Previous Close Price
$11.43
Day Range
$11.4411.54
52-Week Range
$9.6912.63
Bid/Ask
$11.40 / $11.58
Market Cap
$842.87 Mil
Volume/Avg
395,793 / 817,305

Key Statistics

Price/Earnings (Normalized)
6.79
Price/Sales
3.80
Dividend Yield (Trailing)
10.71%
Dividend Yield (Forward)
10.71%
Total Yield
10.71%

Company Profile

PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Core
Total Number of Employees
0

Comparables

Valuation

Metric
PFLT
KBDC
PNNT
Price/Earnings (Normalized)
6.7910.6410.48
Price/Book Value
1.010.980.92
Price/Sales
3.805.993.59
Price/Cash Flow
Price/Earnings
PFLT
KBDC
PNNT

Financial Strength

Metric
PFLT
KBDC
PNNT
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
PFLT
KBDC
PNNT
Return on Assets (Normalized)
6.94%6.11%3.45%
Return on Equity (Normalized)
14.25%11.95%8.56%
Return on Invested Capital (Normalized)
Return on Assets
PFLT
KBDC
PNNT

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