PennantPark Floating Rate Capital Ltd
Research PennantPark Floating Rate Capital Ltd (PFLT) on Bullrun: valuation model: 15.0% overvalued, market cap USD 736.20M, P/E 14.7, dividend yield 15.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPFLT
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryAsset Management
- CurrencyUSD
- Valuation signal15.0% overvalued
- Market capUSD 736.20M
- P/E14.7
- Dividend yield15.7%
- Financial periodQ1 2026
- RevenueUSD 33.65M
- Net incomeUSD 28.74M
- Free cash flow-USD 196.93M
Valuation Snapshot
Bullrun's latest valuation model marks PennantPark Floating Rate Capital Ltd as 15.0% overvalued; latest market cap is USD 736.20M; P/E is 14.7; dividend yield is 15.7%.
Peer valuation comparison
Latest P/E is 14.65x versus a Financial Services sector median of 13.84x (5.9% above).
Latest dividend yield is 15.73% versus a Financial Services sector median of 3.86% (308.0% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 47.30M | USD 66.37M | -USD 339.33M | n/a | 0.34 | USD 122.69M | USD 1.63B | USD 1.07B |
| FY2024 | USD 114.06M | USD 91.84M | -USD 852.13M | n/a | 1.4 | USD 112.05M | USD 1.34B | USD 877.29M |
| FY2023 | USD 65.91M | USD 39.26M | n/a | n/a | 1.12 | USD 100.56M | USD 671.08M | USD 653.61M |
| FY2022 | n/a | USD 3.45M | n/a | n/a | n/a | USD 51.49M | USD 680.28M | USD 527.09M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 736.20M | 14.7 | 15.8% | 1.17 |
| 2025 | 2025-12-31 | USD 919.75M | 26.5 | 12.9% | 1.2 |
| 2024 | 2024-12-31 | USD 927.47M | 7.9 | 11.0% | 1.2 |
| 2023 | 2023-12-29 | USD 710.69M | 17.3 | 9.9% | 1.2 |
| 2022 | 2022-12-30 | USD 497.89M | 78.4 | 10.9% | 1.2 |
| 2021 | 2021-12-31 | USD 499.96M | 11.1 | 9.4% | 1.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.17 USD, yield 15.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.21 USD |
| FY2024 | 1.2 USD |
| FY2023 | 1.2 USD |
| FY2022 | 1.2 USD |
About PennantPark Floating Rate Capital Ltd
PennantPark Floating Rate Capital Ltd. is a Private Debt, 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.
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Frequently asked questions
Is PennantPark Floating Rate Capital Ltd overvalued or undervalued?
Bullrun's valuation model currently marks PennantPark Floating Rate Capital Ltd as 15.0% overvalued.
What is PennantPark Floating Rate Capital Ltd's market cap?
PennantPark Floating Rate Capital Ltd's market capitalization is USD 736.20M.
What is PennantPark Floating Rate Capital Ltd's P/E ratio?
PennantPark Floating Rate Capital Ltd's price-to-earnings (P/E) ratio is 14.7.
Does PennantPark Floating Rate Capital Ltd pay a dividend?
PennantPark Floating Rate Capital Ltd has a dividend yield of 15.7%.
What does PennantPark Floating Rate Capital Ltd do?
PennantPark Floating Rate Capital Ltd. is a Private Debt, 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.