PALMER SQUARE CAPITAL BDC IN (PSBD) Stock Fundamental Analysis
NYSE:PSBD - New York Stock Exchange, Inc. - US69702V1070 - Common Stock - Currency: USD
PSBD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 236 industry peers in the Capital Markets industry. PSBD may be in some trouble as it scores bad on both profitability and health. PSBD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PSBD was profitable.
PSBD had a positive operating cash flow in the past year.
1.2 Ratios
PSBD's Return On Assets of 1.20% is on the low side compared to the rest of the industry. PSBD is outperformed by 63.56% of its industry peers.
PSBD has a Return On Equity of 3.18%. This is in the lower half of the industry: PSBD underperforms 68.22% of its industry peers.
PSBD has a Return On Invested Capital (3.62%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for PSBD is below the industry average of 7.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 3.18% | ||
| ROIC | 3.62% |
ROA(3y)1.97%
ROA(5y)N/A
ROE(3y)3.9%
ROE(5y)N/A
ROIC(3y)3.69%
ROIC(5y)N/A
1.3 Margins
PSBD has a Profit Margin (11.72%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PSBD has declined.
Looking at the Operating Margin, with a value of 42.30%, PSBD is in the better half of the industry, outperforming 74.15% of the companies in the same industry.
In the last couple of years the Operating Margin of PSBD has declined.
The Gross Margin of PSBD (45.77%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PSBD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.3% | ||
| PM (TTM) | 11.72% | ||
| GM | 45.77% |
OM growth 3Y-8.82%
OM growth 5YN/A
PM growth 3Y-11.57%
PM growth 5YN/A
GM growth 3Y-9.03%
GM growth 5YN/A
2. Health
2.1 Basic Checks
PSBD has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, PSBD has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.42, we must say that PSBD is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PSBD (0.42) is worse than 66.95% of its industry peers.
The Debt to FCF ratio of PSBD is 9.25, which is on the high side as it means it would take PSBD, 9.25 years of fcf income to pay off all of its debts.
PSBD has a Debt to FCF ratio (9.25) which is in line with its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that PSBD has dependencies on debt financing.
PSBD has a worse Debt to Equity ratio (1.50) than 69.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.42 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.26 indicates that PSBD may have some problems paying its short term obligations.
PSBD has a worse Current ratio (0.26) than 86.44% of its industry peers.
A Quick Ratio of 0.26 indicates that PSBD may have some problems paying its short term obligations.
With a Quick ratio value of 0.26, PSBD is not doing good in the industry: 86.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
PSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.52%.
The Earnings Per Share has been growing by 36.02% on average over the past years. This is a very strong growth
The Revenue has grown by 27.88% in the past year. This is a very strong growth!
PSBD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 53.49% yearly.
EPS 1Y (TTM)-55.52%
EPS 3Y36.02%
EPS 5YN/A
EPS Q2Q%-136.11%
Revenue 1Y (TTM)27.88%
Revenue growth 3Y53.49%
Revenue growth 5YN/A
Sales Q2Q%-10.27%
3.2 Future
Based on estimates for the next years, PSBD will show a small growth in Earnings Per Share. The EPS will grow by 2.01% on average per year.
The Revenue is expected to decrease by -17.49% on average over the next years. This is quite bad
EPS Next Y-38.38%
EPS Next 2Y4.04%
EPS Next 3Y2.01%
EPS Next 5YN/A
Revenue Next Year-14.24%
Revenue Next 2Y-9.3%
Revenue Next 3Y-17.49%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.31, the valuation of PSBD can be described as expensive.
PSBD's Price/Earnings ratio is a bit more expensive when compared to the industry. PSBD is more expensive than 67.37% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.61. PSBD is around the same levels.
Based on the Price/Forward Earnings ratio of 8.72, the valuation of PSBD can be described as reasonable.
Based on the Price/Forward Earnings ratio, PSBD is valued cheaply inside the industry as 83.47% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.13, PSBD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.31 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
PSBD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PSBD is cheaper than 82.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.36 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.04%
EPS Next 3Y2.01%
5. Dividend
5.1 Amount
PSBD has a Yearly Dividend Yield of 11.16%, which is a nice return.
PSBD's Dividend Yield is a higher than the industry average which is at 8.23.
PSBD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.16% |
5.2 History
PSBD does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
379.60% of the earnings are spent on dividend by PSBD. This is not a sustainable payout ratio.
DP379.6%
EPS Next 2Y4.04%
EPS Next 3Y2.01%
NYSE:PSBD (7/30/2025, 8:04:01 PM)
13.87
+0.16 (+1.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners68.5%
Inst Owner Change0.84%
Ins Owners0.8%
Ins Owner Change52.62%
Market Cap448.97M
Analysts75
Price Target14.59 (5.19%)
Short Float %0.15%
Short Ratio1.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.16% |
Yearly Dividend1.43
Dividend Growth(5Y)N/A
DP379.6%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-101.92%
Min EPS beat(2)-178.67%
Max EPS beat(2)-25.17%
EPS beat(4)0
Avg EPS beat(4)-81.62%
Min EPS beat(4)-178.67%
Max EPS beat(4)-25.17%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.35%
Min Revenue beat(2)-6.77%
Max Revenue beat(2)-1.92%
Revenue beat(4)2
Avg Revenue beat(4)2.84%
Min Revenue beat(4)-6.77%
Max Revenue beat(4)17.1%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.7%
PT rev (3m)-12.27%
EPS NQ rev (1m)20.67%
EPS NQ rev (3m)-14.69%
EPS NY rev (1m)8.51%
EPS NY rev (3m)-48.87%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-5.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.31 | ||
| Fwd PE | 8.72 | ||
| P/S | 3.21 | ||
| P/FCF | 5.36 | ||
| P/OCF | 5.36 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.49
EY3.53%
EPS(NY)1.59
Fwd EY11.47%
FCF(TTM)2.59
FCFY18.64%
OCF(TTM)2.59
OCFY18.64%
SpS4.32
BVpS15.93
TBVpS15.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 3.18% | ||
| ROCE | 4.59% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.63% | ||
| ROICexgc | 3.63% | ||
| OM | 42.3% | ||
| PM (TTM) | 11.72% | ||
| GM | 45.77% | ||
| FCFM | 59.81% |
ROA(3y)1.97%
ROA(5y)N/A
ROE(3y)3.9%
ROE(5y)N/A
ROIC(3y)3.69%
ROIC(5y)N/A
ROICexc(3y)3.7%
ROICexc(5y)N/A
ROICexgc(3y)3.7%
ROICexgc(5y)N/A
ROCE(3y)4.67%
ROCE(5y)N/A
ROICexcg growth 3Y31.14%
ROICexcg growth 5YN/A
ROICexc growth 3Y31.14%
ROICexc growth 5YN/A
OM growth 3Y-8.82%
OM growth 5YN/A
PM growth 3Y-11.57%
PM growth 5YN/A
GM growth 3Y-9.03%
GM growth 5YN/A
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 510.5% | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.42 |
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-55.52%
EPS 3Y36.02%
EPS 5YN/A
EPS Q2Q%-136.11%
EPS Next Y-38.38%
EPS Next 2Y4.04%
EPS Next 3Y2.01%
EPS Next 5YN/A
Revenue 1Y (TTM)27.88%
Revenue growth 3Y53.49%
Revenue growth 5YN/A
Sales Q2Q%-10.27%
Revenue Next Year-14.24%
Revenue Next 2Y-9.3%
Revenue Next 3Y-17.49%
Revenue Next 5YN/A
EBIT growth 1Y7.95%
EBIT growth 3Y39.96%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1126.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1126.42%
OCF growth 3YN/A
OCF growth 5YN/A