(FSK) FS KKR Capital - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3026352068

Stock:

Total Rating 20

Risk 73

Buy Signal -0.85

Asset Management -4.8
Asset Management & Custody Banks -4.8

Market Cap: 3,686m
Avg Trading Vol: 33.3M USD

ATR: 2.77%
Peers RS (IBD): 9.76

Risk 5d forecast
Volatility	21.3%
Relative Tail Risk	0.32%

Reward TTM
Sharpe Ratio	-1.61
Alpha	-45.41

Character TTM
Beta	0.501
Beta Downside	0.839

Drawdowns 3y
Max DD	38.13%
CAGR/Max DD	0.04

EPS (Earnings per Share)

EPS CAGR: -47.06%
EPS Trend: -57.7%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 7.21%
Rev. Trend: -0.9%

Last SUE: -0.13
Qual. Beats: 0

Description: FSK FS KKR Capital

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2500 million. It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $150+ million at the time of investment. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 272.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.45 > 1.0
NWC/Revenue: 17.52% < 20% (prev 80.91%; Δ -63.39% < -1%)
CFO/TA 0.06 > 3% & CFO 784.0m > Net Income 272.0m
Net Debt (7.16b) to EBITDA (310.0m): 23.11 < 3
Current Ratio: 1.54 > 1.5 & < 3
Outstanding Shares: last quarter (280.1m) vs 12m ago 0.00% < -2%
Gross Margin: 44.04% > 18% (prev 0.57%; Δ 4347 % > 0.5%)
Asset Turnover: 5.66% > 50% (prev 6.98%; Δ -1.33% > 0%)
Interest Coverage Ratio: 1.28 > 6 (EBITDA TTM 310.0m / Interest Expense TTM 460.0m)

Altman Z'' -0.81

A: 0.01 (Total Current Assets 412.0m - Total Current Liabilities 268.0m) / Total Assets 13.91b
B: -0.22 (Retained Earnings -3.12b / Total Assets 13.91b)
C: 0.04 (EBIT TTM 590.0m / Avg Total Assets 14.53b)
D: -0.40 (Book Value of Equity -3.10b / Total Liabilities 7.75b)
Altman-Z'' Score: -0.81 = CCC

Beneish M

DSRI: 0.42 (Receivables 257.0m/781.0m, Revenue 822.0m/1.06b)
GMI: 1.29 (GM 44.04% / 56.62%)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: 0.78 (Revenue 822.0m / 1.06b)
TATA: -0.04 (NI 272.0m - CFO 784.0m) / TA 13.91b)
Beneish M-Score: cannot calculate (missing components)

What is the price of FSK shares?

As of February 25, 2026, the stock is trading at USD 13.12 with a total of 2,446,661 shares traded.
Over the past week, the price has changed by -0.91%, over one month by -8.38%, over three months by -13.28% and over the past year by -34.76%.

Is FSK a buy, sell or hold?

FS KKR Capital has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold FSK.

StrongBuy: 1
Buy: 0
Hold: 8
Sell: 0
StrongSell: 1

What are the forecasts/targets for the FSK price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	17.3	32.1%
Analysts Target Price	17.3	32.1%

FSK Fundamental Data Overview February 20, 2026

P/E Trailing = 13.4286
P/E Forward = 7.0175
P/S = 2.3357
P/B = 0.6102
Revenue TTM = 822.0m USD
EBIT TTM = 590.0m USD
EBITDA TTM = 310.0m USD
Long Term Debt = 7.36b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 7.32b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.16b USD (from netDebt column, last quarter)
Enterprise Value = 10.85b USD (3.69b + Debt 7.32b - CCE 155.0m)
Interest Coverage Ratio = 1.28 (Ebit TTM 590.0m / Interest Expense TTM 460.0m)
EV/FCF = 13.84x (Enterprise Value 10.85b / FCF TTM 784.0m)
FCF Yield = 7.23% (FCF TTM 784.0m / Enterprise Value 10.85b)
FCF Margin = 95.38% (FCF TTM 784.0m / Revenue TTM 822.0m)
Net Margin = 33.09% (Net Income TTM 272.0m / Revenue TTM 822.0m)
Gross Margin = 44.04% ((Revenue TTM 822.0m - Cost of Revenue TTM 460.0m) / Revenue TTM)
Gross Margin QoQ = 66.28% (prev none%)
Tobins Q-Ratio = 0.78 (Enterprise Value 10.85b / Total Assets 13.91b)
Interest Expense / Debt = 1.58% (Interest Expense 116.0m / Debt 7.32b)
Taxrate = 1.83% (4.00m / 218.0m)
NOPAT = 579.2m (EBIT 590.0m * (1 - 1.83%))
Current Ratio = 1.54 (Total Current Assets 412.0m / Total Current Liabilities 268.0m)
Debt / Equity = 1.19 (Debt 7.32b / totalStockholderEquity, last quarter 6.16b)
Debt / EBITDA = 23.11 (Net Debt 7.16b / EBITDA 310.0m)
Debt / FCF = 9.14 (Net Debt 7.16b / FCF TTM 784.0m)
Total Stockholder Equity = 6.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.87% (Net Income 272.0m / Total Assets 13.91b)
RoE = 4.27% (Net Income TTM 272.0m / Total Stockholder Equity 6.37b)
RoCE = 4.30% (EBIT 590.0m / Capital Employed (Equity 6.37b + L.T.Debt 7.36b))
RoIC = 4.13% (NOPAT 579.2m / Invested Capital 14.04b)
WACC = 3.63% (E(3.69b)/V(11.00b) * Re(7.76%) + D(7.32b)/V(11.00b) * Rd(1.58%) * (1-Tc(0.02)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.00%
[DCF] Terminal Value 86.26% ; FCFF base≈899.6m ; Y1≈892.3m ; Y5≈929.7m
[DCF] Fair Price = 73.53 (EV 27.76b - Net Debt 7.16b = Equity 20.59b / Shares 280.1m; r=5.90% [WACC]; 5y FCF grow -1.53% → 2.90% )
EPS Correlation: -57.67 | EPS CAGR: -47.06% | SUE: -4.0 | # QB: 0
Revenue Correlation: -0.85 | Revenue CAGR: 7.21% | SUE: -0.13 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.54 | Chg7d=-0.002 | Chg30d=-0.002 | Revisions Net=-4 | Analysts=10
EPS next Year (2026-12-31): EPS=2.09 | Chg7d=-0.001 | Chg30d=-0.001 | Revisions Net=-9 | Growth EPS=-11.7% | Growth Revenue=-10.0%
[Analyst] Revisions Ratio: -0.67 (1 Up / 5 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.5% (Discount Rate 7.9% - Earnings Yield 7.4%)
[Growth] Growth Spread = -12.9% (Analyst -12.4% - Implied 0.5%)

Additional Sources for FSK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle