Overview Dividends

(PFLT) PennantPark Floating Rate - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US70806A1060

Senior,Secured,Debt,Floating,Rate

PFLT EPS (Earnings per Share)

EPS Growth (3Y CAGR): -5.25%
EPS Trend (3Y Correlation): -43.6%

PFLT Revenue

Revenue Growth (3Y CAGR): 79.68%
Revenue Trend (3Y Correlation): 72.5%

Description: PFLT PennantPark Floating Rate

PennantPark Floating Rate Capital Ltd (PFLT) is a US-based company operating in the Asset Management & Custody Banks sub-industry. As a business development company (BDC), PFLT invests in floating-rate debt instruments, providing financing to middle-market companies. The companys investment strategy focuses on senior secured loans, which tend to be less volatile and more resilient during economic downturns.

Key performance indicators (KPIs) for PFLT include net investment income, net asset value (NAV) per share, and the dividend coverage ratio. The companys ability to generate consistent income is crucial, as it distributes a significant portion of its earnings to shareholders in the form of dividends. PFLTs dividend yield is an essential metric, as it attracts income-seeking investors. The companys return on equity (RoE) of 10.51% indicates a relatively stable and profitable business model.

Economic drivers influencing PFLTs performance include interest rates, credit market conditions, and the overall state of the economy. As a floating-rate debt investor, PFLT benefits from rising interest rates, as the income generated by its investments increases. Conversely, a decline in interest rates may lead to decreased income. The companys exposure to credit risk is also a critical factor, as defaults by its portfolio companies can negatively impact earnings.

PFLTs valuation metrics, such as the price-to-earnings (P/E) ratio of 12.74, should be evaluated in the context of its peers and the broader BDC industry. The forward P/E ratio of 9.01 suggests that investors expect earnings growth in the future. The companys market capitalization of $1.036 billion indicates a relatively stable and liquid stock.

PFLT Stock Overview

Market Cap in USD	1,018m
Sub-Industry	Asset Management & Custody Banks
IPO / Inception	2011-04-08

PFLT Stock Ratings

Growth Rating	28.8%
Fundamental	43.2%
Dividend Rating	85.9%
Return 12m vs S&P 500	-19.7%
Analyst Rating	3.75 of 5

PFLT Dividends

Dividend Yield 12m	12.40%
Yield on Cost 5y	24.75%
Annual Growth 5y	1.53%
Payout Consistency	98.0%
Payout Ratio	36.6%

PFLT Growth Ratios

Growth Correlation 3m	-23.9%
Growth Correlation 12m	-16%
Growth Correlation 5y	80.7%
CAGR 5y	6.34%
CAGR/Max DD 3y	0.32
CAGR/Mean DD 3y	1.06
Sharpe Ratio 12m	0.93
Alpha	0.09
Beta	0.856
Volatility	17.74%
Current Volume	1028.2k
Average Volume 20d	751.2k
Stop Loss	9.4 (-3.9%)
Signal	-0.65

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (105.0m TTM) > 0 and > 6% of Revenue (6% = 13.8m TTM)

FCFTA -0.32 (>2.0%) and ΔFCFTA -39.78pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -30.40% (prev 37.57%; Δ -67.98pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.27 (>3.0%) and CFO -677.8m <= Net Income 105.0m (YES >=105%, WARN >=100%)

Net Debt (81.7m) to EBITDA (44.8m) ratio: 1.83 <= 3.0 (WARN <= 3.5)

Current Ratio 0.62 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (81.7m) change vs 12m ago 19.25% (target <= -2.0% for YES)

Gross Margin 66.76% (prev 72.49%; Δ -5.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 10.72% (prev 9.84%; Δ 0.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.57 (EBITDA TTM 44.8m / Interest Expense TTM 78.6m) >= 6 (WARN >= 3)

Altman Z'' -0.31

(A) -0.03 = (Total Current Assets 114.7m - Total Current Liabilities 184.4m) / Total Assets 2.52b

(B) -0.05 = Retained Earnings (Balance) -134.1m / Total Assets 2.52b

(D) -0.09 = Book Value of Equity -134.0m / Total Liabilities 1.43b

Total Rating: -0.31 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 43.21

1. Piotroski 3.0pt = -2.0

2. FCF Yield -34.11% = -5.0

3. FCF Margin data missing

4. Debt/Equity 1.32 = 1.69

5. Debt/Ebitda 32.04 = -2.50

6. ROIC - WACC (= -2.49)% = -3.12

7. RoE 10.51% = 0.88

8. Rev. Trend 72.51% = 5.44

9. EPS Trend -43.56% = -2.18

What is the price of PFLT shares?

As of September 18, 2025, the stock is trading at USD 9.78 with a total of 1,028,239 shares traded.
Over the past week, the price has changed by -2.66%, over one month by -3.14%, over three months by -1.73% and over the past year by -4.79%.

Is PennantPark Floating Rate a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, PennantPark Floating Rate (NYSE:PFLT) is currently (September 2025) a stock to sell. It has a ValueRay Fundamental Rating of 43.21 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PFLT is around 10.54 USD . This means that PFLT is currently overvalued and has a potential downside of 7.77%.

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.

Strong Buy: 2
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PFLT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	11	12.5%
Analysts Target Price	11	12.5%
ValueRay Target Price	11.3	15.7%

Last update: 2025-09-08 04:47

PFLT Fundamental Data Overview

Market Cap USD = 1.02b (1.02b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 102.7m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 12.5122
P/E Forward = 9.0992
P/S = 4.1052
P/B = 0.9361
P/EG = 0.266
Beta = 0.979
Revenue TTM = 229.4m USD
EBIT TTM = 44.4m USD
EBITDA TTM = 44.8m USD
Long Term Debt = 1.25b USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 184.4m USD (from shortTermDebt, last quarter)
Debt = 1.43b USD (Calculated: Short Term 184.4m + Long Term 1.25b)
Net Debt = 81.7m USD (from netDebt column, last quarter)
Enterprise Value = 2.35b USD (1.02b + Debt 1.43b - CCE 102.7m)
Interest Coverage Ratio = 0.57 (Ebit TTM 44.4m / Interest Expense TTM 78.6m)
FCF Yield = -34.11% (FCF TTM -801.4m / Enterprise Value 2.35b)
FCF Margin = -349.3% (FCF TTM -801.4m / Revenue TTM 229.4m)
Net Margin = 45.76% (Net Income TTM 105.0m / Revenue TTM 229.4m)
Gross Margin = 66.76% ((Revenue TTM 229.4m - Cost of Revenue TTM 76.3m) / Revenue TTM)
Tobins Q-Ratio = -17.54 (set to none) (Enterprise Value 2.35b / Book Value Of Equity -134.0m)
Interest Expense / Debt = 1.00% (Interest Expense 14.4m / Debt 1.43b)
Taxrate = 1.20% (1.12m / 93.0m)
NOPAT = 43.9m (EBIT 44.4m * (1 - 1.20%))
Current Ratio = 0.62 (Total Current Assets 114.7m / Total Current Liabilities 184.4m)
Debt / Equity = 1.32 (Debt 1.43b / last Quarter total Stockholder Equity 1.09b)
Debt / EBITDA = 32.04 (Net Debt 81.7m / EBITDA 44.8m)
Debt / FCF = -1.79 (Debt 1.43b / FCF TTM -801.4m)
Total Stockholder Equity = 998.6m (last 4 quarters mean)
RoA = 4.16% (Net Income 105.0m, Total Assets 2.52b )
RoE = 10.51% (Net Income TTM 105.0m / Total Stockholder Equity 998.6m)
RoCE = 1.97% (Ebit 44.4m / (Equity 998.6m + L.T.Debt 1.25b))
RoIC = 1.89% (NOPAT 43.9m / Invested Capital 2.32b)
WACC = 4.39% (E(1.02b)/V(2.45b) * Re(9.17%)) + (D(1.43b)/V(2.45b) * Rd(1.00%) * (1-Tc(0.01)))
Shares Correlation 3-Years: 97.70 | Cagr: 7.04%
Discount Rate = 9.17% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -801.4m)
EPS Correlation: -43.56 | EPS CAGR: -5.25% | SUE: -1.18 | # QB: 0
Revenue Correlation: 72.51 | Revenue CAGR: 79.68% | SUE: -4.0 | # QB: 0

Additional Sources for PFLT Stock

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