(PFLT) PennantPark Floating Rate - Ratings and Ratios
Senior,Secured,Debt,Floating,Rate
PFLT EPS (Earnings per Share)
PFLT Revenue
Description: PFLT PennantPark Floating Rate August 23, 2025
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 | 865m |
| Sub-Industry | Asset Management & Custody Banks |
| IPO / Inception | 2011-04-08 |
PFLT Stock Ratings
| Growth Rating | 12.1% |
| Fundamental | 41.9% |
| Dividend Rating | 80.4% |
| Return 12m vs S&P 500 | -22.4% |
| Analyst Rating | 3.75 of 5 |
PFLT Dividends
| Dividend Yield 12m | 13.37% |
| Yield on Cost 5y | 24.36% |
| Annual Growth 5y | 1.92% |
| Payout Consistency | 98.0% |
| Payout Ratio | 36.0% |
PFLT Growth Ratios
| Growth Correlation 3m | -83.4% |
| Growth Correlation 12m | -31.1% |
| Growth Correlation 5y | 77.3% |
| CAGR 5y | 3.65% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.17 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.58 |
| Sharpe Ratio 12m | -0.20 |
| Alpha | -25.81 |
| Beta | 0.964 |
| Volatility | 20.68% |
| Current Volume | 1112.1k |
| Average Volume 20d | 1391.3k |
| Stop Loss | 8.9 (-3.3%) |
| Signal | 0.25 |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (105.0m TTM) > 0 and > 6% of Revenue (6% = 13.8m TTM) |
| FCFTA -0.27 (>2.0%) and ΔFCFTA 0.55pp (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 (170.0m) ratio: 0.48 <= 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 170.0m / 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 |
| (C) 0.02 = EBIT TTM 44.4m / Avg Total Assets 2.14b |
| (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) 41.87
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield -71.58% = -5.0 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.17 = 2.49 |
| 5. Debt/Ebitda 0.48 = 2.32 |
| 6. ROIC - WACC (= -7.36)% = -9.20 |
| 7. RoE 10.51% = 0.88 |
| 8. Rev. Trend 72.51% = 5.44 |
| 9. EPS Trend -61.16% = -3.06 |
What is the price of PFLT shares?
Over the past week, the price has changed by -0.65%, over one month by +5.18%, over three months by -8.86% and over the past year by -5.84%.
Is PennantPark Floating Rate a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PFLT is around 8.95 USD . This means that PFLT is currently overvalued and has a potential downside of -2.72%.
Is PFLT a buy, sell or hold?
- 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 | 10.9 | 18% |
| Analysts Target Price | 10.9 | 18% |
| ValueRay Target Price | 10.1 | 9.2% |
PFLT Fundamental Data Overview October 22, 2025
P/E Trailing = 10.381
P/E Forward = 7.8616
P/S = 3.489
P/B = 0.8092
P/EG = 0.266
Beta = 0.964
Revenue TTM = 229.4m USD
EBIT TTM = 44.4m USD
EBITDA TTM = 170.0m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 184.4m USD (from shortTermDebt, last quarter)
Debt = 184.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 81.7m USD (from netDebt column, last quarter)
Enterprise Value = 946.9m USD (865.2m + Debt 184.4m - CCE 102.7m)
Interest Coverage Ratio = 0.57 (Ebit TTM 44.4m / Interest Expense TTM 78.6m)
FCF Yield = -71.58% (FCF TTM -677.8m / Enterprise Value 946.9m)
FCF Margin = -295.4% (FCF TTM -677.8m / 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)
Gross Margin QoQ = 75.19% (prev 66.38%)
Tobins Q-Ratio = 0.38 (Enterprise Value 946.9m / Total Assets 2.52b)
Interest Expense / Debt = 7.80% (Interest Expense 14.4m / Debt 184.4m)
Taxrate = 2.61% (503.0k / 19.3m)
NOPAT = 43.2m (EBIT 44.4m * (1 - 2.61%))
Current Ratio = 0.62 (Total Current Assets 114.7m / Total Current Liabilities 184.4m)
Debt / Equity = 0.17 (Debt 184.4m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = 0.48 (Net Debt 81.7m / EBITDA 170.0m)
Debt / FCF = -0.12 (negative FCF - burning cash) (Net Debt 81.7m / FCF TTM -677.8m)
Total Stockholder Equity = 998.6m (last 4 quarters mean from totalStockholderEquity)
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 = 4.45% (EBIT 44.4m / Capital Employed (Equity 998.6m + L.T.Debt 0.0))
RoIC = 1.87% (NOPAT 43.2m / Invested Capital 2.32b)
WACC = 9.22% (E(865.2m)/V(1.05b) * Re(9.57%) + D(184.4m)/V(1.05b) * Rd(7.80%) * (1-Tc(0.03)))
Discount Rate = 9.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 17.91%
Fair Price DCF = unknown (Cash Flow -677.8m)
EPS Correlation: -61.16 | EPS CAGR: -57.73% | SUE: -4.0 | # QB: 0
Revenue Correlation: 72.51 | Revenue CAGR: 79.68% | SUE: -0.50 | # QB: 0
Additional Sources for PFLT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle