FS KKR CAPITAL CORP (FSK)
US3026352068 - Common Stock
FSK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Capital Markets industry. FSK has only an average score on both its financial health and profitability. FSK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FSK had positive earnings in the past year.
FSK had a positive operating cash flow in the past year.
Of the past 5 years FSK 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: FSK reported negative operating cash flow in multiple years.
1.2 Ratios
FSK has a Return On Assets of 4.50%. This is comparable to the rest of the industry: FSK outperforms 55.77% of its industry peers.
With a Return On Equity value of 10.16%, FSK perfoms like the industry average, outperforming 51.92% of the companies in the same industry.
FSK's Return On Invested Capital of 5.46% is fine compared to the rest of the industry. FSK outperforms 62.02% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FSK is significantly below the industry average of 10.67%.
The last Return On Invested Capital (5.46%) for FSK is above the 3 year average (4.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 10.16% | ||
| ROIC | 5.46% |
ROA(3y)4.62%
ROA(5y)2.25%
ROE(3y)10.36%
ROE(5y)4.87%
ROIC(3y)4.57%
ROIC(5y)4.54%
1.3 Margins
Looking at the Profit Margin, with a value of 38.03%, FSK is in the better half of the industry, outperforming 74.52% of the companies in the same industry.
In the last couple of years the Profit Margin of FSK has declined.
FSK's Operating Margin of 49.95% is amongst the best of the industry. FSK outperforms 84.62% of its industry peers.
FSK's Operating Margin has been stable in the last couple of years.
The Gross Margin of FSK (52.24%) is comparable to the rest of the industry.
FSK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.95% | ||
| PM (TTM) | 38.03% | ||
| GM | 52.24% |
OM growth 3Y-2.18%
OM growth 5Y-1.48%
PM growth 3YN/A
PM growth 5Y-23.42%
GM growth 3Y-2.76%
GM growth 5Y-1.41%
2. Health
2.1 Basic Checks
The number of shares outstanding for FSK has been reduced compared to 1 year ago.
FSK has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FSK has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that FSK is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FSK (0.48) is worse than 66.83% of its industry peers.
FSK has a debt to FCF ratio of 5.92. This is a neutral value as FSK would need 5.92 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.92, FSK is in the better half of the industry, outperforming 60.10% of the companies in the same industry.
FSK has a Debt/Equity ratio of 1.20. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.20, FSK is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 5.92 | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.79 indicates that FSK should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.79, FSK is doing good in the industry, outperforming 65.87% of the companies in the same industry.
A Quick Ratio of 1.79 indicates that FSK should not have too much problems paying its short term obligations.
FSK's Quick ratio of 1.79 is fine compared to the rest of the industry. FSK outperforms 65.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.14% over the past year.
The Earnings Per Share has been growing slightly by 2.42% on average over the past years.
Looking at the last year, FSK shows a quite strong growth in Revenue. The Revenue has grown by 11.93% in the last year.
FSK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.95% yearly.
EPS 1Y (TTM)6.14%
EPS 3Y5.88%
EPS 5Y2.42%
EPS growth Q2Q-7.41%
Revenue 1Y (TTM)11.93%
Revenue growth 3Y42.01%
Revenue growth 5Y35.95%
Revenue growth Q2Q-0.45%
3.2 Future
The Earnings Per Share is expected to decrease by -7.26% on average over the next years.
FSK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.74% yearly.
EPS Next Y-8.65%
EPS Next 2Y-7.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.59%
Revenue Next 2Y-5.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FSK is valuated cheaply with a Price/Earnings ratio of 6.22.
FSK's Price/Earnings ratio is rather cheap when compared to the industry. FSK is cheaper than 87.98% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.84. FSK is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.80, the valuation of FSK can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSK indicates a rather cheap valuation: FSK is cheaper than 89.90% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.35. FSK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.22 | ||
| Fwd PE | 6.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSK indicates a rather cheap valuation: FSK is cheaper than 91.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FSK's earnings are expected to decrease with -7.26% in the coming years.
PEG (NY)N/A
PEG (5Y)2.57
EPS Next 2Y-7.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.31%, FSK is a good candidate for dividend investing.
FSK's Dividend Yield is rather good when compared to the industry average which is at 7.26. FSK pays more dividend than 91.83% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, FSK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.31% |
5.2 History
The dividend of FSK is nicely growing with an annual growth rate of 6.53%!
FSK has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of FSK decreased in the last 3 years.
Dividend Growth(5Y)6.53%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
118.25% of the earnings are spent on dividend by FSK. This is not a sustainable payout ratio.
FSK's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP118.25%
EPS Next 2Y-7.26%
EPS Next 3YN/A
FS KKR CAPITAL CORP
NYSE:FSK (4/26/2024, 7:04:00 PM)
After market: 19.33 0 (0%)19.33
+0.1 (+0.52%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.41B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.31% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.22 | ||
| Fwd PE | 6.8 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 10.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 49.95% | ||
| PM (TTM) | 38.03% | ||
| GM | 52.24% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)6.14%
EPS 3Y5.88%
EPS 5Y
EPS growth Q2Q
EPS Next Y-8.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)11.93%
Revenue growth 3Y42.01%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y