PENNANTPARK FLOATING RATE CA (PFLT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PFLT - US70806A1060 - Common Stock
9.56 USD
+0.24 (+2.58%)
9.54 USD
-0.02 (-0.21%)
Taking everything into account, PFLT scores 4 out of 10 in our fundamental rating. PFLT was compared to 235 industry peers in the Capital Markets industry. PFLT has a medium profitability rating, but doesn't score so well on its financial health evaluation. PFLT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PFLT was profitable.
PFLT had a negative operating cash flow in the past year.
In the past 5 years PFLT has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: PFLT reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 2.28%, PFLT perfoms like the industry average, outperforming 48.94% of the companies in the same industry.
With a Return On Equity value of 6.18%, PFLT perfoms like the industry average, outperforming 44.26% of the companies in the same industry.
PFLT has a Return On Invested Capital (2.99%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for PFLT is below the industry average of 7.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.28% | ||
| ROE | 6.18% | ||
| ROIC | 2.99% |
ROA(3y)3.32%
ROA(5y)3.01%
ROE(3y)7.55%
ROE(5y)6.97%
ROIC(3y)3.57%
ROIC(5y)3.34%
1.3 Margins
PFLT has a better Profit Margin (25.39%) than 65.11% of its industry peers.
PFLT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 41.32%, PFLT is in the better half of the industry, outperforming 74.47% of the companies in the same industry.
In the last couple of years the Operating Margin of PFLT has declined.
The Gross Margin of PFLT (45.45%) is comparable to the rest of the industry.
PFLT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.32% | ||
| PM (TTM) | 25.39% | ||
| GM | 45.45% |
OM growth 3Y-3.82%
OM growth 5Y-2.06%
PM growth 3Y97.06%
PM growth 5Y5.67%
GM growth 3Y-2.79%
GM growth 5Y-1.83%
2. Health
2.1 Basic Checks
PFLT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PFLT has been increased compared to 5 years ago.
Compared to 1 year ago, PFLT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that PFLT is in the distress zone and has some risk of bankruptcy.
PFLT's Altman-Z score of 0.48 is on the low side compared to the rest of the industry. PFLT is outperformed by 60.00% of its industry peers.
PFLT has a Debt/Equity ratio of 1.65. This is a high value indicating a heavy dependency on external financing.
PFLT has a worse Debt to Equity ratio (1.65) than 71.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.65 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PFLT has a Current Ratio of 2.32. This indicates that PFLT is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.32, PFLT is doing good in the industry, outperforming 77.45% of the companies in the same industry.
A Quick Ratio of 2.32 indicates that PFLT has no problem at all paying its short term obligations.
The Quick ratio of PFLT (2.32) is better than 77.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
PFLT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.84%.
Measured over the past 5 years, PFLT shows a small growth in Earnings Per Share. The EPS has been growing by 1.05% on average per year.
PFLT shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.28%.
The Revenue has been growing by 22.31% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-0.84%
EPS 3Y-0.56%
EPS 5Y1.05%
EPS Q2Q%16.67%
Revenue 1Y (TTM)40.28%
Revenue growth 3Y35.32%
Revenue growth 5Y22.31%
Sales Q2Q%-0.53%
3.2 Future
The Earnings Per Share is expected to grow by 1.23% on average over the next years.
The Revenue is expected to decrease by -10.72% on average over the next years. This is quite bad
EPS Next Y2.64%
EPS Next 2Y0.49%
EPS Next 3Y1.23%
EPS Next 5YN/A
Revenue Next Year10.2%
Revenue Next 2Y4.66%
Revenue Next 3Y-10.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
With a Price/Earnings ratio of 8.10, the valuation of PFLT can be described as very reasonable.
Based on the Price/Earnings ratio, PFLT is valued cheaper than 80.43% of the companies in the same industry.
PFLT is valuated cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.89, the valuation of PFLT can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PFLT indicates a rather cheap valuation: PFLT is cheaper than 85.11% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PFLT to the average of the S&P500 Index (23.70), we can say PFLT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 7.89 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PFLT does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.07
PEG (5Y)7.72
EPS Next 2Y0.49%
EPS Next 3Y1.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.27%, PFLT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.39, PFLT pays a better dividend. On top of this PFLT pays more dividend than 83.40% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, PFLT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.27% |
5.2 History
The dividend of PFLT has a limited annual growth rate of 2.07%.
PFLT has paid a dividend for at least 10 years, which is a reliable track record.
PFLT has decreased its dividend recently.
Dividend Growth(5Y)2.07%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
168.10% of the earnings are spent on dividend by PFLT. This is not a sustainable payout ratio.
The dividend of PFLT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP168.1%
EPS Next 2Y0.49%
EPS Next 3Y1.23%
9.56
+0.24 (+2.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners23.55%
Inst Owner Change0%
Ins Owners0.52%
Ins Owner Change0%
Market Cap948.54M
Revenue(TTM)261.43M
Net Income(TTM)66.36M
Analysts78.57
Price Target11 (15.06%)
Short Float %1.8%
Short Ratio1.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.27% |
Yearly Dividend1.26
Dividend Growth(5Y)2.07%
DP168.1%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.19%
Min EPS beat(2)-16.28%
Max EPS beat(2)-4.1%
EPS beat(4)1
Avg EPS beat(4)-5.8%
Min EPS beat(4)-16.28%
Max EPS beat(4)11.37%
EPS beat(8)2
Avg EPS beat(8)-6.92%
EPS beat(12)3
Avg EPS beat(12)-4.81%
EPS beat(16)6
Avg EPS beat(16)-2.65%
Revenue beat(2)0
Avg Revenue beat(2)-10.84%
Min Revenue beat(2)-14.54%
Max Revenue beat(2)-7.15%
Revenue beat(4)1
Avg Revenue beat(4)-3.45%
Min Revenue beat(4)-14.54%
Max Revenue beat(4)11.34%
Revenue beat(8)5
Avg Revenue beat(8)3.36%
Revenue beat(12)8
Avg Revenue beat(12)4.83%
Revenue beat(16)12
Avg Revenue beat(16)5.3%
PT rev (1m)-0.66%
PT rev (3m)-1.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.02%
EPS NY rev (1m)1.06%
EPS NY rev (3m)1.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.08%
Revenue NY rev (1m)0.59%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 7.89 | ||
| P/S | 3.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.18
EY12.34%
EPS(NY)1.21
Fwd EY12.67%
FCF(TTM)-7.26
FCFYN/A
OCF(TTM)-7.26
OCFYN/A
SpS2.63
BVpS10.83
TBVpS10.83
PEG (NY)3.07
PEG (5Y)7.72
Graham Number16.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.28% | ||
| ROE | 6.18% | ||
| ROCE | 3.79% | ||
| ROIC | 2.99% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 3.13% | ||
| OM | 41.32% | ||
| PM (TTM) | 25.39% | ||
| GM | 45.45% | ||
| FCFM | N/A |
ROA(3y)3.32%
ROA(5y)3.01%
ROE(3y)7.55%
ROE(5y)6.97%
ROIC(3y)3.57%
ROIC(5y)3.34%
ROICexc(3y)3.83%
ROICexc(5y)3.54%
ROICexgc(3y)3.83%
ROICexgc(5y)3.54%
ROCE(3y)4.52%
ROCE(5y)4.23%
ROICexgc growth 3Y-2.25%
ROICexgc growth 5Y-0.62%
ROICexc growth 3Y-2.25%
ROICexc growth 5Y-0.62%
OM growth 3Y-3.82%
OM growth 5Y-2.06%
PM growth 3Y97.06%
PM growth 5Y5.67%
GM growth 3Y-2.79%
GM growth 5Y-1.83%
F-Score2
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.65 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.24 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 | ||
| Altman-Z | 0.48 |
F-Score2
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.84%
EPS 3Y-0.56%
EPS 5Y1.05%
EPS Q2Q%16.67%
EPS Next Y2.64%
EPS Next 2Y0.49%
EPS Next 3Y1.23%
EPS Next 5YN/A
Revenue 1Y (TTM)40.28%
Revenue growth 3Y35.32%
Revenue growth 5Y22.31%
Sales Q2Q%-0.53%
Revenue Next Year10.2%
Revenue Next 2Y4.66%
Revenue Next 3Y-10.72%
Revenue Next 5YN/A
EBIT growth 1Y37.41%
EBIT growth 3Y30.15%
EBIT growth 5Y19.79%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y10.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.08%
OCF growth 3YN/A
OCF growth 5YN/A
PENNANTPARK FLOATING RATE CA / PFLT FAQ
What is the fundamental rating for PFLT stock?
ChartMill assigns a fundamental rating of 4 / 10 to PFLT.
What is the valuation status for PFLT stock?
ChartMill assigns a valuation rating of 5 / 10 to PENNANTPARK FLOATING RATE CA (PFLT). This can be considered as Fairly Valued.
How profitable is PENNANTPARK FLOATING RATE CA (PFLT) stock?
PENNANTPARK FLOATING RATE CA (PFLT) has a profitability rating of 4 / 10.
Can you provide the financial health for PFLT stock?
The financial health rating of PENNANTPARK FLOATING RATE CA (PFLT) is 3 / 10.
What is the earnings growth outlook for PENNANTPARK FLOATING RATE CA?
The Earnings per Share (EPS) of PENNANTPARK FLOATING RATE CA (PFLT) is expected to grow by 2.64% in the next year.