2.71 USD
0 (0%)
2.68 USD
-0.03 (-1.11%)
Overall PSEC gets a fundamental rating of 4 out of 10. We evaluated PSEC against 235 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
In the past year PSEC was profitable.
In the past year PSEC had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PSEC reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: PSEC reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of -5.73%, PSEC is not doing good in the industry: 78.72% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -8.22%, PSEC is doing worse than 77.02% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.96%, PSEC is in line with its industry, outperforming 55.74% of the companies in the same industry.
PSEC had an Average Return On Invested Capital over the past 3 years of 4.19%. This is below the industry average of 7.14%.
| 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 85.53% of its industry peers.
In the last couple of years the Operating Margin of PSEC has grown nicely.
With a decent Gross Margin value of 54.94%, PSEC is doing good in the industry, outperforming 67.23% of the companies in the same industry.
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
The number of shares outstanding for PSEC has been increased compared to 1 year ago.
The number of shares outstanding for PSEC has been increased compared to 5 years ago.
Compared to 1 year ago, PSEC has an improved debt to assets ratio.
2.2 Solvency
PSEC has an Altman-Z score of 0.38. 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 (0.38) than 63.83% of its industry peers.
PSEC has a debt to FCF ratio of 3.06. This is a good value and a sign of high solvency as PSEC would need 3.06 years to pay back of all of its debts.
PSEC's Debt to FCF ratio of 3.06 is fine compared to the rest of the industry. PSEC outperforms 77.45% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that PSEC is not too dependend on debt financing.
PSEC has a better Debt to Equity ratio (0.42) than 68.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.06 | ||
| Altman-Z | 0.38 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.01 indicates that PSEC should not have too much problems paying its short term obligations.
PSEC has a Current ratio of 1.01. This is comparable to the rest of the industry: PSEC outperforms 44.68% 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.
PSEC has a Quick ratio (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The earnings per share for PSEC have decreased strongly by -46.24% in the last year.
Measured over the past years, PSEC shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.29% on average per year.
The Revenue for PSEC has decreased by -17.16% in the past year. This is quite bad
The Revenue has been growing slightly by 2.90% on average over the past years.
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
Based on estimates for the next years, PSEC will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.57% on average per year.
The Revenue is expected to decrease by -4.64% on average over the next years.
EPS Next Y-35.66%
EPS Next 2Y-22.78%
EPS Next 3Y-16.57%
EPS Next 5YN/A
Revenue Next Year-13.77%
Revenue Next 2Y-7.6%
Revenue Next 3Y-4.64%
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.
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
A Price/Earnings ratio of 5.42 indicates a rather cheap valuation of PSEC.
Compared to the rest of the industry, the Price/Earnings ratio of PSEC indicates a rather cheap valuation: PSEC is cheaper than 91.91% of the companies listed in the same industry.
PSEC is valuated cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.99, which indicates a rather cheap valuation of PSEC.
PSEC's Price/Forward Earnings ratio is rather cheap when compared to the industry. PSEC is cheaper than 88.51% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PSEC to the average of the S&P500 Index (23.57), we can say PSEC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.42 | ||
| Fwd PE | 6.99 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PSEC is valued cheaper than 94.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.03 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as PSEC's earnings are expected to decrease with -16.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-22.78%
EPS Next 3Y-16.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 14.63%, PSEC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.39, PSEC pays a better dividend. On top of this PSEC pays more dividend than 89.36% 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 1.94.
| 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-22.78%
EPS Next 3Y-16.57%
2.71
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners18.44%
Inst Owner Change0%
Ins Owners1.1%
Ins Owner Change2.1%
Market Cap1.28B
Revenue(TTM)680.75M
Net Income(TTM)-380.61M
Analysts40
Price Target2.55 (-5.9%)
Short Float %10.89%
Short Ratio9.75
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.09%
EPS NY rev (1m)-8.89%
EPS NY rev (3m)-8.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.64%
Revenue NY rev (1m)-5.78%
Revenue NY rev (3m)-5.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.42 | ||
| Fwd PE | 6.99 | ||
| P/S | 1.87 | ||
| P/FCF | 2.03 | ||
| P/OCF | 2.03 | ||
| P/B | 0.28 | ||
| P/tB | 0.28 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.5
EY18.45%
EPS(NY)0.39
Fwd EY14.3%
FCF(TTM)1.33
FCFY49.24%
OCF(TTM)1.33
OCFY49.24%
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 | 0.38 |
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-35.66%
EPS Next 2Y-22.78%
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-13.77%
Revenue Next 2Y-7.6%
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.
What is the valuation status of PROSPECT CAPITAL CORP (PSEC) stock?
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.
How financially healthy is PROSPECT CAPITAL CORP?
The financial health rating of PROSPECT CAPITAL CORP (PSEC) is 4 / 10.
Is the dividend of PROSPECT CAPITAL CORP sustainable?
The dividend rating of PROSPECT CAPITAL CORP (PSEC) is 5 / 10 and the dividend payout ratio is -86.23%.