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PennantPark Floating Rate Capital Ltd

$8.09
Market Cap 802.67M
ROE 5.8%
Gross Margin 80.5%
Debt/Equity 1.6
Current Ratio 0.0
Revenue QoQ 6.5%
EPS QoQ 28.0%
F-Score 4

About

PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC. About PennantPark Investment Advisers, LLC PennantPark Investment Advisers, LLC is a leading middle-market credit platform, managing approximately $6.4 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle-market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, and Los Angeles.

Exchange
NYSE
Sector
Financial Services
Industry
Asset Management

Sector context

Financial Services

Overvalued

Trading at a discount to sector peers

P/E
13.34
vs median 2.78
P/B
0.80
vs median 1.67
ROE
0.06
vs median 0.13

Lower quality - review fundamentals carefully

Small-cap company with higher volatility

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