(PNNT) PennantPark Investment - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 255m USD | Total Return: -32% in 12m
Avg Turnover: 3.58M
EPS Trend: -90.3%
Qual. Beats: 0
Rev. Trend: -99.3%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
PennantPark Investment Corporation (PNNT) is a business development company (BDC) providing customized financing solutions to middle-market companies in the United States. The firm invests across the capital structure, focusing on senior secured loans, mezzanine debt, and equity co-investments in businesses with annual revenues between $50 million and $1 billion.
As a BDC, PennantPark is required by law to distribute at least 90% of its taxable income to shareholders, a structure designed to provide retail investors access to private debt markets. The firm targets companies with EBITDA between $10 million and $50 million, diversifying its portfolio across broad sectors including healthcare, technology, and energy services.
To evaluate how this yield compares to historical sector benchmarks, investors can explore the data tools at ValueRay.
- Net interest margin expansion driven by floating rate senior secured loan portfolio
- Middle market credit quality and default rates impact net asset value
- Dividend coverage ratio determines investor demand and stock price premium
- Federal Reserve interest rate policy shifts influence yield on debt investments
- Strategic shift toward senior secured loans reduces overall portfolio risk profile
| Net Income: 13.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -11.08 > 1.0 |
| NWC/Revenue: -248k% < 20% (prev -92.57%; Δ -247k% < -1%) |
| CFO/TA 0.00 > 3% & CFO 161.1m > Net Income 13.8m |
| Current Ratio: 0.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.0m) vs 12m ago -2.04% < -2% |
| Gross Margin: 51.77% > 18% (prev 55.40%; Δ -3.63% > 0.5%) |
| Asset Turnover: 0.01% > 50% (prev 8.17%; Δ -8.16% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBIT TTM 22.3m / Interest Expense TTM 37.9m) |
| A: -0.16 (Total Current Assets 19.7b - Total Current Liabilities 223b) / Total Assets 1258b |
| B: -0.24 (Retained Earnings -301b / Total Assets 1258b) |
| C: 0.00 (EBIT TTM 22.3m / Avg Total Assets 630b) |
| D: 0.54 (Book Value of Equity 439b / Total Liabilities 819b) |
| Altman-Z'' = -1.28 = CCC |
As of June 03, 2026, the stock is trading at USD 3.97 with a total of 371,348 shares traded.
Over the past week, the price has changed by +3.39%,
over one month by -16.85%,
over three months by -19.72% and
over the past year by -32.00%.
PennantPark Investment has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold PNNT.
- StrongBuy: 1
- Buy: 0
- Hold: 6
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 4.8 | 19.6% |
P/E Trailing = 18.6191
P/E Forward = 7.0472
P/S = 2.3273
P/B = 0.5709
P/EG = 0.2779
Revenue TTM = 82.3m USD
EBIT TTM = 22.3m USD
EBITDA TTM = 22.3m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 223b USD (from shortTermDebt, last quarter)
Debt = 223b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 208b USD (calculated: Debt 223b - CCE 15.1b)
Enterprise Value = 209b USD (255.3m + Debt 223b - CCE 15.1b)
Interest Coverage Ratio = 0.59 (Ebit TTM 22.3m / Interest Expense TTM 37.9m)
EV/FCF = 1000.0x (Enterprise Value 209b / FCF TTM 161.1m)
FCF Yield = 0.08% (FCF TTM 161.1m / Enterprise Value 209b)
FCF Margin = 195.8% (FCF TTM 161.1m / Revenue TTM 82.3m)
Net Margin = 16.79% (Net Income TTM 13.8m / Revenue TTM 82.3m)
Gross Margin = 51.77% ((Revenue TTM 82.3m - Cost of Revenue TTM 39.7m) / Revenue TTM)
Gross Margin QoQ = 75.38% (prev 47.21%)
Tobins Q-Ratio = 0.17 (Enterprise Value 209b / Total Assets 1258b)
Interest Expense / Debt = 0.02% (Interest Expense 37.9m / Debt 223b)
Taxrate = 14.74% (2.39m / 16.2m)
NOPAT = 19.0m (EBIT 22.3m * (1 - 14.74%))
Current Ratio = 0.09 (Total Current Assets 19.7b / Total Current Liabilities 223b)
Debt / Equity = 0.51 (Debt 223b / totalStockholderEquity, last quarter 439b)
Debt / EBITDA = 9.33k (out of range, set to none) (Net Debt 208b / EBITDA 22.3m)
Debt / FCF = 1.29k (out of range, set to none) (Net Debt 208b / FCF TTM 161.1m)
Total Stockholder Equity = 110b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.00% (Net Income 13.8m / Total Assets 1258b)
RoE = 0.01% (Net Income TTM 13.8m / Total Stockholder Equity 110b)
RoCE = 0.02% (EBIT 22.3m / Capital Employed (Equity 110b + L.T.Debt 0.0))
RoIC = 0.00% (NOPAT 19.0m / Invested Capital 1258b)
WACC = 0.02% (E(255.3m)/V(224b) * Re(8.22%) + D(223b)/V(224b) * Rd(0.02%) * (1-Tc(0.15)))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -7.35 | Cagr: -0.86%
[DCF] Terminal Value 77.97% ; FCFF base≈152.5m ; Y1≈174.8m ; Y5≈257.3m
[DCF] Fair Price = N/A (negative equity: EV 3.87b - Net Debt 208b = -204b; debt exceeds intrinsic value)
EPS Correlation: -90.34 | EPS CAGR: -19.64% | SUE: -0.44 | # QB: 0
Revenue Correlation: -99.29 | Revenue CAGR: -24.40% | SUE: -0.15 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=-2.48% | Revisions=-14% | Analysts=7
EPS current Year (2026-09-30): EPS=0.54 | Chg30d=-3.07% | Revisions=+0% | GrowthEPS=-23.9% | GrowthRev=-16.2%
EPS next Year (2027-09-30): EPS=0.56 | Chg30d=-1.32% | Revisions=-33% | GrowthEPS=+3.5% | GrowthRev=+1.3%
[Analyst] Revisions Ratio: -33%