PENNANTPARK FLOATING RATE CA (PFLT) Stock Fundamental Analysis
USA - NYSE:PFLT - US70806A1060 - Common Stock
9.07 USD
+0.12 (+1.34%)
9.07 USD
0 (0%)
PFLT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. While PFLT is still in line with the averages on profitability rating, there are concerns on its financial health. PFLT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PFLT was profitable.
In the past year PFLT has reported a negative cash flow from operations.
PFLT had positive earnings in each of the past 5 years.
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
PFLT has a Return On Assets of 2.78%. This is comparable to the rest of the industry: PFLT outperforms 51.26% of its industry peers.
PFLT has a Return On Equity (6.45%) which is in line with its industry peers.
With a Return On Invested Capital value of 3.14%, PFLT perfoms like the industry average, outperforming 42.44% of the companies in the same industry.
PFLT had an Average Return On Invested Capital over the past 3 years of 3.65%. This is below the industry average of 7.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.78% | ||
| ROE | 6.45% | ||
| ROIC | 3.14% |
ROA(3y)2.66%
ROA(5y)2.88%
ROE(3y)5.71%
ROE(5y)6.5%
ROIC(3y)3.65%
ROIC(5y)3.35%
1.3 Margins
The Profit Margin of PFLT (28.31%) is better than 72.69% of its industry peers.
In the last couple of years the Profit Margin of PFLT has grown nicely.
PFLT has a better Operating Margin (39.71%) than 70.59% of its industry peers.
In the last couple of years the Operating Margin of PFLT has declined.
PFLT has a Gross Margin (47.39%) which is in line with its industry peers.
In the last couple of years the Gross Margin of PFLT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.71% | ||
| PM (TTM) | 28.31% | ||
| GM | 47.39% |
OM growth 3Y-4.36%
OM growth 5Y-2.89%
PM growth 3Y-10.32%
PM growth 5Y32.06%
GM growth 3Y-2.45%
GM growth 5Y-2.77%
2. Health
2.1 Basic Checks
PFLT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PFLT has more shares outstanding
PFLT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that PFLT is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.57, PFLT is doing worse than 62.60% of the companies in the same industry.
A Debt/Equity ratio of 1.28 is on the high side and indicates that PFLT has dependencies on debt financing.
PFLT has a worse Debt to Equity ratio (1.28) than 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.57 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.82 indicates that PFLT has no problem at all paying its short term obligations.
PFLT has a better Current ratio (2.82) than 80.25% of its industry peers.
A Quick Ratio of 2.82 indicates that PFLT has no problem at all paying its short term obligations.
PFLT's Quick ratio of 2.82 is amongst the best of the industry. PFLT outperforms 80.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The earnings per share for PFLT have decreased strongly by -10.24% in the last year.
The Earnings Per Share has been growing slightly by 0.51% on average over the past years.
The Revenue has grown by 48.87% in the past year. This is a very strong growth!
The Revenue has been growing by 14.94% on average over the past years. This is quite good.
EPS 1Y (TTM)-10.24%
EPS 3Y3.61%
EPS 5Y0.51%
EPS Q2Q%-19.35%
Revenue 1Y (TTM)48.87%
Revenue growth 3Y31.1%
Revenue growth 5Y14.94%
Sales Q2Q%30.92%
3.2 Future
Based on estimates for the next years, PFLT will show a decrease in Earnings Per Share. The EPS will decrease by -2.24% on average per year.
The Revenue is expected to grow by 20.85% on average over the next years. This is a very strong growth
EPS Next Y0.65%
EPS Next 2Y-0.29%
EPS Next 3Y-2.24%
EPS Next 5YN/A
Revenue Next Year47.3%
Revenue Next 2Y28.3%
Revenue Next 3Y20.85%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.96, which indicates a rather cheap valuation of PFLT.
Compared to the rest of the industry, the Price/Earnings ratio of PFLT indicates a rather cheap valuation: PFLT is cheaper than 80.25% of the companies listed in the same industry.
PFLT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.89.
Based on the Price/Forward Earnings ratio of 7.67, the valuation of PFLT can be described as very cheap.
85.71% of the companies in the same industry are more expensive than PFLT, based on the Price/Forward Earnings ratio.
PFLT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 7.67 |
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.
A cheap valuation may be justified as PFLT's earnings are expected to decrease with -2.24% in the coming years.
PEG (NY)12.18
PEG (5Y)15.54
EPS Next 2Y-0.29%
EPS Next 3Y-2.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.74%, PFLT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.34, PFLT pays a better dividend. On top of this PFLT pays more dividend than 87.82% of the companies listed in the same industry.
PFLT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.74% |
5.2 History
The dividend of PFLT has a limited annual growth rate of 0.30%.
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)0.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
147.22% 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.
DP147.22%
EPS Next 2Y-0.29%
EPS Next 3Y-2.24%
9.07
+0.12 (+1.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.52%
Inst Owner Change1.78%
Ins Owners0.52%
Ins Owner Change2.32%
Market Cap899.93M
Revenue(TTM)247.97M
Net Income(TTM)70.19M
Analysts77.14
Price Target11.22 (23.7%)
Short Float %0.97%
Short Ratio0.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.74% |
Yearly Dividend1.16
Dividend Growth(5Y)0.3%
DP147.22%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-15.23%
Min EPS beat(2)-16.28%
Max EPS beat(2)-14.18%
EPS beat(4)1
Avg EPS beat(4)-11.17%
Min EPS beat(4)-25.58%
Max EPS beat(4)11.37%
EPS beat(8)3
Avg EPS beat(8)-6.2%
EPS beat(12)3
Avg EPS beat(12)-4.73%
EPS beat(16)7
Avg EPS beat(16)-2.29%
Revenue beat(2)0
Avg Revenue beat(2)-5.3%
Min Revenue beat(2)-7.15%
Max Revenue beat(2)-3.45%
Revenue beat(4)2
Avg Revenue beat(4)4.86%
Min Revenue beat(4)-7.15%
Max Revenue beat(4)18.71%
Revenue beat(8)6
Avg Revenue beat(8)8.72%
Revenue beat(12)9
Avg Revenue beat(12)6.15%
Revenue beat(16)13
Avg Revenue beat(16)6.45%
PT rev (1m)0%
PT rev (3m)0.33%
EPS NQ rev (1m)-0.43%
EPS NQ rev (3m)-3.5%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-3.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 7.67 | ||
| P/S | 3.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.14
EY12.57%
EPS(NY)1.18
Fwd EY13.04%
FCF(TTM)-6.83
FCFYN/A
OCF(TTM)-6.83
OCFYN/A
SpS2.5
BVpS10.96
TBVpS10.96
PEG (NY)12.18
PEG (5Y)15.54
Graham Number16.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.78% | ||
| ROE | 6.45% | ||
| ROCE | 3.97% | ||
| ROIC | 3.14% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.27% | ||
| OM | 39.71% | ||
| PM (TTM) | 28.31% | ||
| GM | 47.39% | ||
| FCFM | N/A |
ROA(3y)2.66%
ROA(5y)2.88%
ROE(3y)5.71%
ROE(5y)6.5%
ROIC(3y)3.65%
ROIC(5y)3.35%
ROICexc(3y)3.9%
ROICexc(5y)3.56%
ROICexgc(3y)3.9%
ROICexgc(5y)3.56%
ROCE(3y)4.62%
ROCE(5y)4.25%
ROICexgc growth 3Y3.5%
ROICexgc growth 5Y-1.07%
ROICexc growth 3Y3.5%
ROICexc growth 5Y-1.07%
OM growth 3Y-4.36%
OM growth 5Y-2.89%
PM growth 3Y-10.32%
PM growth 5Y32.06%
GM growth 3Y-2.45%
GM growth 5Y-2.77%
F-Score3
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.21 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 0.57 |
F-Score3
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)-10.24%
EPS 3Y3.61%
EPS 5Y0.51%
EPS Q2Q%-19.35%
EPS Next Y0.65%
EPS Next 2Y-0.29%
EPS Next 3Y-2.24%
EPS Next 5YN/A
Revenue 1Y (TTM)48.87%
Revenue growth 3Y31.1%
Revenue growth 5Y14.94%
Sales Q2Q%30.92%
Revenue Next Year47.3%
Revenue Next 2Y28.3%
Revenue Next 3Y20.85%
Revenue Next 5YN/A
EBIT growth 1Y24.17%
EBIT growth 3Y25.38%
EBIT growth 5Y11.62%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-633.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-633.69%
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 147.22%.