FS KKR CAPITAL CORP (FSK) Stock Fundamental Analysis
NYSE:FSK - New York Stock Exchange, Inc. - US3026352068 - Common Stock - Currency: USD
Overall FSK gets a fundamental rating of 4 out of 10. We evaluated FSK against 230 industry peers in the Capital Markets industry. FSK has only an average score on both its financial health and profitability. FSK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FSK was profitable.
In the past year FSK had a positive cash flow from operations.
Of the past 5 years FSK 4 years were profitable.
FSK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FSK has a Return On Assets (4.11%) which is in line with its industry peers.
FSK has a Return On Equity (8.83%) which is in line with its industry peers.
FSK's Return On Invested Capital of 4.73% is fine compared to the rest of the industry. FSK outperforms 65.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FSK is below the industry average of 7.09%.
The 3 year average ROIC (4.66%) for FSK is below the current ROIC(4.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.11% | ||
| ROE | 8.83% | ||
| ROIC | 4.73% |
ROA(3y)3.06%
ROA(5y)2.48%
ROE(3y)6.77%
ROE(5y)5.37%
ROIC(3y)4.66%
ROIC(5y)4.11%
1.3 Margins
FSK has a Profit Margin of 33.99%. This is in the better half of the industry: FSK outperforms 75.22% of its industry peers.
FSK's Profit Margin has been stable in the last couple of years.
FSK has a Operating Margin of 48.58%. This is amongst the best in the industry. FSK outperforms 86.09% of its industry peers.
FSK's Operating Margin has declined in the last couple of years.
FSK has a Gross Margin of 50.73%. This is comparable to the rest of the industry: FSK outperforms 58.70% of its industry peers.
FSK's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.58% | ||
| PM (TTM) | 33.99% | ||
| GM | 50.73% |
OM growth 3Y-4.13%
OM growth 5Y-1.92%
PM growth 3Y-37.64%
PM growth 5Y1.48%
GM growth 3Y-2.96%
GM growth 5Y-1.99%
2. Health
2.1 Basic Checks
The number of shares outstanding for FSK remains at a similar level compared to 1 year ago.
The number of shares outstanding for FSK has been increased compared to 5 years ago.
FSK has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that FSK is in the distress zone and has some risk of bankruptcy.
FSK has a Altman-Z score of 0.53. This is in the lower half of the industry: FSK underperforms 63.04% of its industry peers.
FSK has a debt to FCF ratio of 3.87. This is a good value and a sign of high solvency as FSK would need 3.87 years to pay back of all of its debts.
The Debt to FCF ratio of FSK (3.87) is better than 72.17% of its industry peers.
FSK has a Debt/Equity ratio of 1.11. This is a high value indicating a heavy dependency on external financing.
FSK has a Debt to Equity ratio (1.11) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 3.87 | ||
| Altman-Z | 0.53 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FSK has a Current Ratio of 2.78. This indicates that FSK is financially healthy and has no problem in meeting its short term obligations.
FSK has a better Current ratio (2.78) than 80.43% of its industry peers.
A Quick Ratio of 2.78 indicates that FSK has no problem at all paying its short term obligations.
FSK has a better Quick ratio (2.78) than 80.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.78 | ||
| Quick Ratio | 2.78 |
3. Growth
3.1 Past
The earnings per share for FSK have decreased by -7.40% in the last year.
Measured over the past years, FSK shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.09% on average per year.
FSK shows a decrease in Revenue. In the last year, the revenue decreased by -5.96%.
The Revenue has been growing by 17.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.4%
EPS 3Y1.43%
EPS 5Y-2.09%
EPS Q2Q%-12%
Revenue 1Y (TTM)-5.96%
Revenue growth 3Y16.77%
Revenue growth 5Y17.18%
Sales Q2Q%-8.95%
3.2 Future
The Earnings Per Share is expected to decrease by -8.01% on average over the next years.
FSK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.16% yearly.
EPS Next Y-10.51%
EPS Next 2Y-5.96%
EPS Next 3Y-8.01%
EPS Next 5YN/A
Revenue Next Year-8.75%
Revenue Next 2Y-4.33%
Revenue Next 3Y-5.16%
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 6.80.
Compared to the rest of the industry, the Price/Earnings ratio of FSK indicates a rather cheap valuation: FSK is cheaper than 86.96% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.85. FSK is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.60, which indicates a rather cheap valuation of FSK.
Based on the Price/Forward Earnings ratio, FSK is valued cheaper than 83.04% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.77, FSK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.8 | ||
| Fwd PE | 7.6 |
4.2 Price Multiples
FSK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FSK is cheaper than 87.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FSK's earnings are expected to decrease with -8.01% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.96%
EPS Next 3Y-8.01%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.77%, FSK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.31, FSK pays a better dividend. On top of this FSK pays more dividend than 81.74% of the companies listed in the same industry.
FSK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.77% |
5.2 History
The dividend of FSK is nicely growing with an annual growth rate of 6.47%!
FSK has been paying a dividend for at least 10 years, so it has a reliable track record.
FSK has decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.47%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
FSK pays out 172.31% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of FSK has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP172.31%
EPS Next 2Y-5.96%
EPS Next 3Y-8.01%
19.59
-0.3 (-1.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners29.66%
Inst Owner Change1.21%
Ins Owners0.23%
Ins Owner Change-13.6%
Market Cap5.49B
Analysts54.12
Price Target21.77 (11.13%)
Short Float %2.39%
Short Ratio2.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.77% |
Yearly Dividend3.6
Dividend Growth(5Y)6.47%
DP172.31%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.02%
Min EPS beat(2)-2.07%
Max EPS beat(2)4.12%
EPS beat(4)3
Avg EPS beat(4)2.09%
Min EPS beat(4)-2.07%
Max EPS beat(4)5.03%
EPS beat(8)6
Avg EPS beat(8)2.09%
EPS beat(12)8
Avg EPS beat(12)2.92%
EPS beat(16)12
Avg EPS beat(16)4.99%
Revenue beat(2)1
Avg Revenue beat(2)-0.45%
Min Revenue beat(2)-3.91%
Max Revenue beat(2)3.02%
Revenue beat(4)3
Avg Revenue beat(4)0.31%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)3.02%
Revenue beat(8)6
Avg Revenue beat(8)0.63%
Revenue beat(12)10
Avg Revenue beat(12)1.62%
Revenue beat(16)14
Avg Revenue beat(16)3.7%
PT rev (1m)-0.55%
PT rev (3m)0.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.39%
EPS NY rev (1m)-0.17%
EPS NY rev (3m)-1.17%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-3.04%
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-1.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.8 | ||
| Fwd PE | 7.6 | ||
| P/S | 3.19 | ||
| P/FCF | 2.89 | ||
| P/OCF | 2.89 | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.88
EY14.7%
EPS(NY)2.58
Fwd EY13.16%
FCF(TTM)6.79
FCFY34.65%
OCF(TTM)6.79
OCFY34.65%
SpS6.14
BVpS23.64
TBVpS23.64
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.11% | ||
| ROE | 8.83% | ||
| ROCE | 5.98% | ||
| ROIC | 4.73% | ||
| ROICexc | 4.82% | ||
| ROICexgc | 4.82% | ||
| OM | 48.58% | ||
| PM (TTM) | 33.99% | ||
| GM | 50.73% | ||
| FCFM | 110.46% |
ROA(3y)3.06%
ROA(5y)2.48%
ROE(3y)6.77%
ROE(5y)5.37%
ROIC(3y)4.66%
ROIC(5y)4.11%
ROICexc(3y)4.74%
ROICexc(5y)4.19%
ROICexgc(3y)4.74%
ROICexgc(5y)4.19%
ROCE(3y)5.9%
ROCE(5y)5.21%
ROICexcg growth 3Y19.37%
ROICexcg growth 5Y3.07%
ROICexc growth 3Y19.39%
ROICexc growth 5Y3.07%
OM growth 3Y-4.13%
OM growth 5Y-1.92%
PM growth 3Y-37.64%
PM growth 5Y1.48%
GM growth 3Y-2.96%
GM growth 5Y-1.99%
F-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 3.87 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 324.96% | ||
| Current Ratio | 2.78 | ||
| Quick Ratio | 2.78 | ||
| Altman-Z | 0.53 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)575.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.4%
EPS 3Y1.43%
EPS 5Y-2.09%
EPS Q2Q%-12%
EPS Next Y-10.51%
EPS Next 2Y-5.96%
EPS Next 3Y-8.01%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.96%
Revenue growth 3Y16.77%
Revenue growth 5Y17.18%
Sales Q2Q%-8.95%
Revenue Next Year-8.75%
Revenue Next 2Y-4.33%
Revenue Next 3Y-5.16%
Revenue Next 5YN/A
EBIT growth 1Y-8.53%
EBIT growth 3Y11.94%
EBIT growth 5Y14.92%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y37.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y37.36%
OCF growth 3YN/A
OCF growth 5YN/A