PENNANTPARK FLOATING RATE CA (PFLT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PFLT - US70806A1060 - Common Stock
9.45 USD
-0.1 (-1.05%)
9.51 USD
+0.06 (+0.63%)
We assign a fundamental rating of 4 out of 10 to PFLT. PFLT was compared to 237 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PFLT had positive earnings in the past year.
In the past year PFLT has reported a negative cash flow from operations.
PFLT had positive earnings in each of the past 5 years.
In multiple years PFLT reported negative operating cash flow during the last 5 years.
1.2 Ratios
PFLT has a Return On Assets of 2.28%. This is comparable to the rest of the industry: PFLT outperforms 47.68% of its industry peers.
PFLT has a Return On Equity of 6.18%. This is comparable to the rest of the industry: PFLT outperforms 43.04% of its industry peers.
PFLT has a Return On Invested Capital of 2.99%. This is comparable to the rest of the industry: PFLT outperforms 43.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PFLT is below the industry average of 7.00%.
| 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 Profit Margin of 25.39%. This is in the better half of the industry: PFLT outperforms 63.29% of its industry peers.
In the last couple of years the Profit Margin of PFLT has grown nicely.
PFLT has a Operating Margin of 41.32%. This is in the better half of the industry: PFLT outperforms 74.68% of its industry peers.
In the last couple of years the Operating Margin of PFLT has declined.
PFLT has a Gross Margin (45.45%) which is in line with its industry peers.
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
The number of shares outstanding for PFLT has been increased compared to 1 year ago.
PFLT has more shares outstanding than it did 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 has a Altman-Z score of 0.48. This is in the lower half of the industry: PFLT underperforms 63.71% 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.
Looking at the Debt to Equity ratio, with a value of 1.65, PFLT is doing worse than 73.84% of the companies in the same industry.
| 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.
PFLT has a better Current ratio (2.32) than 77.22% of its industry peers.
A Quick Ratio of 2.32 indicates that PFLT has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.32, PFLT is in the better half of the industry, outperforming 77.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
The earnings per share for PFLT have decreased by -0.84% in the last year.
The Earnings Per Share has been growing slightly by 1.05% on average over the past years.
The Revenue has grown by 40.28% in the past year. This is a very strong growth!
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
Based on estimates for the next years, PFLT will show a decrease in Earnings Per Share. The EPS will decrease by -1.96% on average per year.
Based on estimates for the next years, PFLT will show a very negative growth in Revenue. The Revenue will decrease by -13.09% on average per year.
EPS Next Y1.56%
EPS Next 2Y-0.23%
EPS Next 3Y-1.96%
EPS Next 5YN/A
Revenue Next Year9.55%
Revenue Next 2Y4.74%
Revenue Next 3Y-13.09%
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
The Price/Earnings ratio is 8.01, which indicates a very decent valuation of PFLT.
81.43% of the companies in the same industry are more expensive than PFLT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.76, PFLT is valued rather cheaply.
PFLT is valuated cheaply with a Price/Forward Earnings ratio of 7.89.
Based on the Price/Forward Earnings ratio, PFLT is valued cheaply inside the industry as 85.23% of the companies are valued more expensively.
PFLT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| 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 an expensive valuation of the company.
PEG (NY)5.14
PEG (5Y)7.63
EPS Next 2Y-0.23%
EPS Next 3Y-1.96%
5. Dividend
5.1 Amount
PFLT has a Yearly Dividend Yield of 12.95%, which is a nice return.
Compared to an average industry Dividend Yield of 8.31, PFLT pays a better dividend. On top of this PFLT pays more dividend than 81.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, PFLT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.95% |
5.2 History
The dividend of PFLT has a limited annual growth rate of 2.07%.
PFLT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PFLT decreased 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 Rate of PFLT has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP168.1%
EPS Next 2Y-0.23%
EPS Next 3Y-1.96%
9.45
-0.1 (-1.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners23.33%
Inst Owner Change1.35%
Ins Owners0.52%
Ins Owner Change0%
Market Cap937.63M
Revenue(TTM)261.43M
Net Income(TTM)66.36M
Analysts78.57
Price Target11 (16.4%)
Short Float %2.27%
Short Ratio1.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.95% |
Yearly Dividend1.26
Dividend Growth(5Y)2.07%
DP168.1%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)2.02%
EPS NQ rev (3m)2.46%
EPS NY rev (1m)1.18%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)3.08%
Revenue NQ rev (3m)3.61%
Revenue NY rev (1m)-1.97%
Revenue NY rev (3m)-2.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 7.89 | ||
| P/S | 3.59 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.18
EY12.49%
EPS(NY)1.2
Fwd EY12.68%
FCF(TTM)-7.26
FCFYN/A
OCF(TTM)-7.26
OCFYN/A
SpS2.63
BVpS10.83
TBVpS10.83
PEG (NY)5.14
PEG (5Y)7.63
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 Y1.56%
EPS Next 2Y-0.23%
EPS Next 3Y-1.96%
EPS Next 5YN/A
Revenue 1Y (TTM)40.28%
Revenue growth 3Y35.32%
Revenue growth 5Y22.31%
Sales Q2Q%-0.53%
Revenue Next Year9.55%
Revenue Next 2Y4.74%
Revenue Next 3Y-13.09%
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 of PENNANTPARK FLOATING RATE CA (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.
What is the financial health of PENNANTPARK FLOATING RATE CA (PFLT) stock?
The financial health rating of PENNANTPARK FLOATING RATE CA (PFLT) is 3 / 10.
Is the dividend of PENNANTPARK FLOATING RATE CA sustainable?
The dividend rating of PENNANTPARK FLOATING RATE CA (PFLT) is 5 / 10 and the dividend payout ratio is 168.1%.