2.62 USD
0 (0%)
2.6 USD
-0.02 (-0.76%)
PSEC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of PSEC get a neutral evaluation. Nothing too spectacular is happening here. PSEC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PSEC had positive earnings in the past year.
In the past year PSEC had a positive cash flow from operations.
In multiple years PSEC reported negative net income over the last 5 years.
In multiple years PSEC reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.73%, PSEC is doing worse than 79.75% of the companies in the same industry.
PSEC's Return On Equity of -8.22% is on the low side compared to the rest of the industry. PSEC is outperformed by 78.06% of its industry peers.
PSEC has a Return On Invested Capital (3.96%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PSEC is below the industry average of 6.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.73% | ||
| ROE | -8.22% | ||
| ROIC | 3.96% |
ROA(3y)-3.01%
ROA(5y)2.7%
ROE(3y)-4.47%
ROE(5y)4.51%
ROIC(3y)4.19%
ROIC(5y)3.97%
1.3 Margins
PSEC has a Operating Margin of 48.23%. This is amongst the best in the industry. PSEC outperforms 86.08% of its industry peers.
In the last couple of years the Operating Margin of PSEC has grown nicely.
PSEC's Gross Margin of 54.94% is fine compared to the rest of the industry. PSEC outperforms 67.09% of its industry peers.
In the last couple of years the Gross Margin of PSEC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.23% | ||
| PM (TTM) | N/A | ||
| GM | 54.94% |
OM growth 3Y-0.89%
OM growth 5Y2.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.58%
GM growth 5Y2.34%
2. Health
2.1 Basic Checks
Compared to 1 year ago, PSEC has more shares outstanding
The number of shares outstanding for PSEC has been increased compared to 5 years ago.
The debt/assets ratio for PSEC has been reduced compared to a year ago.
2.2 Solvency
PSEC has an Altman-Z score of 0.37. This is a bad value and indicates that PSEC is not financially healthy and even has some risk of bankruptcy.
PSEC has a worse Altman-Z score (0.37) than 67.51% of its industry peers.
The Debt to FCF ratio of PSEC is 3.06, which is a good value as it means it would take PSEC, 3.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PSEC (3.06) is better than 78.48% of its industry peers.
PSEC has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.42, PSEC is in the better half of the industry, outperforming 65.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.06 | ||
| Altman-Z | 0.37 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PSEC has a Current Ratio of 1.01. This is a normal value and indicates that PSEC is financially healthy and should not expect problems in meeting its short term obligations.
PSEC's Current ratio of 1.01 is in line compared to the rest of the industry. PSEC outperforms 44.30% of its industry peers.
PSEC has a Quick Ratio of 1.01. This is a normal value and indicates that PSEC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.01, PSEC is in line with its industry, outperforming 48.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
PSEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -46.24%.
PSEC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.29% yearly.
The Revenue for PSEC has decreased by -17.16% in the past year. This is quite bad
PSEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.90% yearly.
EPS 1Y (TTM)-46.24%
EPS 3Y-8.91%
EPS 5Y-2.29%
EPS Q2Q%-71.43%
Revenue 1Y (TTM)-17.16%
Revenue growth 3Y0.4%
Revenue growth 5Y2.9%
Sales Q2Q%-19.71%
3.2 Future
The Earnings Per Share is expected to decrease by -16.57% on average over the next years. This is quite bad
Based on estimates for the next years, PSEC will show a decrease in Revenue. The Revenue will decrease by -4.64% on average per year.
EPS Next Y-29.38%
EPS Next 2Y-18.82%
EPS Next 3Y-16.57%
EPS Next 5YN/A
Revenue Next Year-8.47%
Revenue Next 2Y-5.17%
Revenue Next 3Y-4.64%
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
The Price/Earnings ratio is 5.24, which indicates a rather cheap valuation of PSEC.
94.09% of the companies in the same industry are more expensive than PSEC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.15. PSEC is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.12 indicates a rather cheap valuation of PSEC.
93.25% of the companies in the same industry are more expensive than PSEC, based on the Price/Forward Earnings ratio.
PSEC is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.24 | ||
| Fwd PE | 6.12 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PSEC is valued cheaper than 92.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.96 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PSEC's earnings are expected to decrease with -16.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-18.82%
EPS Next 3Y-16.57%
5. Dividend
5.1 Amount
PSEC has a Yearly Dividend Yield of 14.63%, which is a nice return.
Compared to an average industry Dividend Yield of 8.59, PSEC pays a better dividend. On top of this PSEC pays more dividend than 86.92% of the companies listed in the same industry.
PSEC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.63% |
5.2 History
The dividend of PSEC has a limited annual growth rate of 3.10%.
PSEC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)3.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PSEC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-86.23%
EPS Next 2Y-18.82%
EPS Next 3Y-16.57%
2.62
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners14.92%
Inst Owner Change-10.42%
Ins Owners18.22%
Ins Owner Change2.81%
Market Cap1.23B
Revenue(TTM)680.75M
Net Income(TTM)-380.61M
Analysts40
Price Target2.55 (-2.67%)
Short Float %12.03%
Short Ratio10.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.63% |
Yearly Dividend0.75
Dividend Growth(5Y)3.1%
DP-86.23%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.16%
Min EPS beat(2)-46.52%
Max EPS beat(2)28.21%
EPS beat(4)1
Avg EPS beat(4)-7.31%
Min EPS beat(4)-46.52%
Max EPS beat(4)28.21%
EPS beat(8)5
Avg EPS beat(8)5.97%
EPS beat(12)9
Avg EPS beat(12)9.21%
EPS beat(16)13
Avg EPS beat(16)11.91%
Revenue beat(2)0
Avg Revenue beat(2)-5.44%
Min Revenue beat(2)-8.85%
Max Revenue beat(2)-2.04%
Revenue beat(4)0
Avg Revenue beat(4)-4.75%
Min Revenue beat(4)-8.85%
Max Revenue beat(4)-2.04%
Revenue beat(8)1
Avg Revenue beat(8)-11.64%
Revenue beat(12)3
Avg Revenue beat(12)-7.9%
Revenue beat(16)7
Avg Revenue beat(16)-4.73%
PT rev (1m)0%
PT rev (3m)-16.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.24 | ||
| Fwd PE | 6.12 | ||
| P/S | 1.81 | ||
| P/FCF | 1.96 | ||
| P/OCF | 1.96 | ||
| P/B | 0.27 | ||
| P/tB | 0.27 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.5
EY19.08%
EPS(NY)0.43
Fwd EY16.35%
FCF(TTM)1.33
FCFY50.94%
OCF(TTM)1.33
OCFY50.94%
SpS1.45
BVpS9.83
TBVpS9.83
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.73% | ||
| ROE | -8.22% | ||
| ROCE | 5.01% | ||
| ROIC | 3.96% | ||
| ROICexc | 4.01% | ||
| ROICexgc | 4.01% | ||
| OM | 48.23% | ||
| PM (TTM) | N/A | ||
| GM | 54.94% | ||
| FCFM | 92.32% |
ROA(3y)-3.01%
ROA(5y)2.7%
ROE(3y)-4.47%
ROE(5y)4.51%
ROIC(3y)4.19%
ROIC(5y)3.97%
ROICexc(3y)4.24%
ROICexc(5y)4%
ROICexgc(3y)4.24%
ROICexgc(5y)4%
ROCE(3y)5.31%
ROCE(5y)5.02%
ROICexgc growth 3Y3.61%
ROICexgc growth 5Y-0.27%
ROICexc growth 3Y3.61%
ROICexc growth 5Y-0.27%
OM growth 3Y-0.89%
OM growth 5Y2.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.58%
GM growth 5Y2.34%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.06 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.37 |
F-Score5
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)-46.24%
EPS 3Y-8.91%
EPS 5Y-2.29%
EPS Q2Q%-71.43%
EPS Next Y-29.38%
EPS Next 2Y-18.82%
EPS Next 3Y-16.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.16%
Revenue growth 3Y0.4%
Revenue growth 5Y2.9%
Sales Q2Q%-19.71%
Revenue Next Year-8.47%
Revenue Next 2Y-5.17%
Revenue Next 3Y-4.64%
Revenue Next 5YN/A
EBIT growth 1Y-14.52%
EBIT growth 3Y-0.49%
EBIT growth 5Y4.98%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1387.78%
FCF growth 3YN/A
FCF growth 5Y4.03%
OCF growth 1Y1387.78%
OCF growth 3YN/A
OCF growth 5Y4.03%
PROSPECT CAPITAL CORP / PSEC FAQ
What is the ChartMill fundamental rating of PROSPECT CAPITAL CORP (PSEC) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PSEC.
Can you provide the valuation status for PROSPECT CAPITAL CORP?
ChartMill assigns a valuation rating of 6 / 10 to PROSPECT CAPITAL CORP (PSEC). This can be considered as Fairly Valued.
How profitable is PROSPECT CAPITAL CORP (PSEC) stock?
PROSPECT CAPITAL CORP (PSEC) has a profitability rating of 4 / 10.
What are the PE and PB ratios of PROSPECT CAPITAL CORP (PSEC) stock?
The Price/Earnings (PE) ratio for PROSPECT CAPITAL CORP (PSEC) is 5.24 and the Price/Book (PB) ratio is 0.27.
What is the financial health of PROSPECT CAPITAL CORP (PSEC) stock?
The financial health rating of PROSPECT CAPITAL CORP (PSEC) is 4 / 10.