(PFLT) PennantPark Floating Rate - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US70806A1060
Stock:
Total Rating 19
Risk 33
Buy Signal -2.03
| Risk 5d forecast | |
|---|---|
| Volatility | 28.6% |
| Relative Tail Risk | 3.09% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.91 |
| Alpha | -28.32 |
| Character TTM | |
|---|---|
| Beta | 0.555 |
| Beta Downside | 0.908 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.85% |
| CAGR/Max DD | 0.08 |
EPS (Earnings per Share)
Revenue
Description: PFLT PennantPark Floating Rate
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 34.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 40.02 > 1.0 |
| NWC/Revenue: 36.37% < 20% (prev 63.49%; Δ -27.12% < -1%) |
| CFO/TA 0.04 > 3% & CFO 99.7m > Net Income 34.5m |
| Net Debt (1.54b) to EBITDA (35.6m): 43.16 < 3 |
| Current Ratio: 2.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.2m) vs 12m ago 21.50% < -2% |
| Gross Margin: 32.55% > 18% (prev 0.63%; Δ 3192 % > 0.5%) |
| Asset Turnover: 5.74% > 50% (prev 8.39%; Δ -2.65% > 0%) |
| Interest Coverage Ratio: 0.36 > 6 (EBITDA TTM 35.6m / Interest Expense TTM 98.0m) |
Altman Z'' -0.11
| A: 0.02 (Total Current Assets 95.3m - Total Current Liabilities 42.4m) / Total Assets 2.72b |
| B: -0.07 (Retained Earnings -179.2m / Total Assets 2.72b) |
| C: 0.01 (EBIT TTM 35.6m / Avg Total Assets 2.53b) |
| D: -0.11 (Book Value of Equity -179.1m / Total Liabilities 1.68b) |
| Altman-Z'' Score: -0.11 = B |
Beneish M
| DSRI: 0.41 (Receivables 13.0m/43.0m, Revenue 145.3m/196.7m) |
| GMI: 1.94 (GM 32.55% / 63.07%) |
| AQI: none (AQ_t none / AQ_t-1 none) |
| SGI: 0.74 (Revenue 145.3m / 196.7m) |
| TATA: -0.02 (NI 34.5m - CFO 99.7m) / TA 2.72b) |
| Beneish M-Score: cannot calculate (missing components) |
What is the price of PFLT shares?
As of March 01, 2026, the stock is trading at USD 8.16 with a total of 1,607,909 shares traded.
Over the past week, the price has changed by -3.32%, over one month by -13.26%, over three months by -7.98% and over the past year by -17.42%.
Over the past week, the price has changed by -3.32%, over one month by -13.26%, over three months by -7.98% and over the past year by -17.42%.
Is PFLT a buy, sell or hold?
PennantPark Floating Rate has received a consensus analysts rating of 3.75.
Therefor, it is recommend to hold PFLT.
- StrongBuy: 2
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PFLT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.3 | 26.1% |
| Analysts Target Price | 10.3 | 26.1% |
PFLT Fundamental Data Overview February 26, 2026
P/E Trailing = 25.0
P/E Forward = 7.8616
P/S = 3.0946
P/B = 0.8092
P/EG = 0.266
Revenue TTM = 145.3m USD
EBIT TTM = 35.6m USD
EBITDA TTM = 35.6m USD
Long Term Debt = 1.45b USD (estimated: total debt 1.63b - short term 184.8m)
Short Term Debt = 184.8m USD (from shortTermDebt, last quarter)
Debt = 1.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.54b USD (from netDebt column, last quarter)
Enterprise Value = 2.36b USD (818.5m + Debt 1.63b - CCE 95.3m)
Interest Coverage Ratio = 0.36 (Ebit TTM 35.6m / Interest Expense TTM 98.0m)
EV/FCF = 23.62x (Enterprise Value 2.36b / FCF TTM 99.7m)
FCF Yield = 4.23% (FCF TTM 99.7m / Enterprise Value 2.36b)
FCF Margin = 68.62% (FCF TTM 99.7m / Revenue TTM 145.3m)
Net Margin = 23.71% (Net Income TTM 34.5m / Revenue TTM 145.3m)
Gross Margin = 32.55% ((Revenue TTM 145.3m - Cost of Revenue TTM 98.0m) / Revenue TTM)
Gross Margin QoQ = -5.40% (prev 44.64%)
Tobins Q-Ratio = 0.87 (Enterprise Value 2.36b / Total Assets 2.72b)
Interest Expense / Debt = 1.66% (Interest Expense 27.2m / Debt 1.63b)
Taxrate = 1.68% (1.13m / 67.5m)
NOPAT = 35.0m (EBIT 35.6m * (1 - 1.68%))
Current Ratio = 2.25 (Total Current Assets 95.3m / Total Current Liabilities 42.4m)
Debt / Equity = 1.57 (Debt 1.63b / totalStockholderEquity, last quarter 1.04b)
Debt / EBITDA = 43.16 (Net Debt 1.54b / EBITDA 35.6m)
Debt / FCF = 15.41 (Net Debt 1.54b / FCF TTM 99.7m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.36% (Net Income 34.5m / Total Assets 2.72b)
RoE = 3.23% (Net Income TTM 34.5m / Total Stockholder Equity 1.07b)
RoCE = 1.42% (EBIT 35.6m / Capital Employed (Equity 1.07b + L.T.Debt 1.45b))
RoIC = 1.34% (NOPAT 35.0m / Invested Capital 2.61b)
WACC = 3.75% (E(818.5m)/V(2.45b) * Re(7.96%) + D(1.63b)/V(2.45b) * Rd(1.66%) * (1-Tc(0.02)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 29.97%
[DCF] Terminal Value 80.82% ; FCFF base≈99.7m ; Y1≈65.5m ; Y5≈29.9m
[DCF] Fair Price = N/A (negative equity: EV 951.7m - Net Debt 1.54b = -585.1m; debt exceeds intrinsic value)
EPS Correlation: -32.00 | EPS CAGR: -1.89% | SUE: -0.76 | # QB: 0
Revenue Correlation: 56.69 | Revenue CAGR: 8.99% | SUE: -1.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.28 | Chg7d=-0.013 | Chg30d=-0.016 | Revisions Net=-4 | Analysts=7
EPS current Year (2026-09-30): EPS=1.13 | Chg7d=-0.059 | Chg30d=-0.062 | Revisions Net=-6 | Growth EPS=-2.8% | Growth Revenue=+6.1%
EPS next Year (2027-09-30): EPS=1.17 | Chg7d=+0.007 | Chg30d=-0.005 | Revisions Net=-4 | Growth EPS=+4.2% | Growth Revenue=+0.1%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 8.0% - Earnings Yield 4.0%)
[Growth] Growth Spread = +7.1% (Analyst 11.0% - Implied 4.0%)
P/E Forward = 7.8616
P/S = 3.0946
P/B = 0.8092
P/EG = 0.266
Revenue TTM = 145.3m USD
EBIT TTM = 35.6m USD
EBITDA TTM = 35.6m USD
Long Term Debt = 1.45b USD (estimated: total debt 1.63b - short term 184.8m)
Short Term Debt = 184.8m USD (from shortTermDebt, last quarter)
Debt = 1.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.54b USD (from netDebt column, last quarter)
Enterprise Value = 2.36b USD (818.5m + Debt 1.63b - CCE 95.3m)
Interest Coverage Ratio = 0.36 (Ebit TTM 35.6m / Interest Expense TTM 98.0m)
EV/FCF = 23.62x (Enterprise Value 2.36b / FCF TTM 99.7m)
FCF Yield = 4.23% (FCF TTM 99.7m / Enterprise Value 2.36b)
FCF Margin = 68.62% (FCF TTM 99.7m / Revenue TTM 145.3m)
Net Margin = 23.71% (Net Income TTM 34.5m / Revenue TTM 145.3m)
Gross Margin = 32.55% ((Revenue TTM 145.3m - Cost of Revenue TTM 98.0m) / Revenue TTM)
Gross Margin QoQ = -5.40% (prev 44.64%)
Tobins Q-Ratio = 0.87 (Enterprise Value 2.36b / Total Assets 2.72b)
Interest Expense / Debt = 1.66% (Interest Expense 27.2m / Debt 1.63b)
Taxrate = 1.68% (1.13m / 67.5m)
NOPAT = 35.0m (EBIT 35.6m * (1 - 1.68%))
Current Ratio = 2.25 (Total Current Assets 95.3m / Total Current Liabilities 42.4m)
Debt / Equity = 1.57 (Debt 1.63b / totalStockholderEquity, last quarter 1.04b)
Debt / EBITDA = 43.16 (Net Debt 1.54b / EBITDA 35.6m)
Debt / FCF = 15.41 (Net Debt 1.54b / FCF TTM 99.7m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.36% (Net Income 34.5m / Total Assets 2.72b)
RoE = 3.23% (Net Income TTM 34.5m / Total Stockholder Equity 1.07b)
RoCE = 1.42% (EBIT 35.6m / Capital Employed (Equity 1.07b + L.T.Debt 1.45b))
RoIC = 1.34% (NOPAT 35.0m / Invested Capital 2.61b)
WACC = 3.75% (E(818.5m)/V(2.45b) * Re(7.96%) + D(1.63b)/V(2.45b) * Rd(1.66%) * (1-Tc(0.02)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 29.97%
[DCF] Terminal Value 80.82% ; FCFF base≈99.7m ; Y1≈65.5m ; Y5≈29.9m
[DCF] Fair Price = N/A (negative equity: EV 951.7m - Net Debt 1.54b = -585.1m; debt exceeds intrinsic value)
EPS Correlation: -32.00 | EPS CAGR: -1.89% | SUE: -0.76 | # QB: 0
Revenue Correlation: 56.69 | Revenue CAGR: 8.99% | SUE: -1.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.28 | Chg7d=-0.013 | Chg30d=-0.016 | Revisions Net=-4 | Analysts=7
EPS current Year (2026-09-30): EPS=1.13 | Chg7d=-0.059 | Chg30d=-0.062 | Revisions Net=-6 | Growth EPS=-2.8% | Growth Revenue=+6.1%
EPS next Year (2027-09-30): EPS=1.17 | Chg7d=+0.007 | Chg30d=-0.005 | Revisions Net=-4 | Growth EPS=+4.2% | Growth Revenue=+0.1%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 8.0% - Earnings Yield 4.0%)
[Growth] Growth Spread = +7.1% (Analyst 11.0% - Implied 4.0%)