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Upturn AI SWOT - About
FSK 
FS KKR Capital Corp (FSK)
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Upturn Advisory Summary
09/11/2025: FSK (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $18.65
1 Year Target Price $18.65
| 1 | Strong Buy |
| 0 | Buy |
| 8 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.12% | Avg. Invested days 72 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/11/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.99B USD | Price to earnings Ratio 22.85 | 1Y Target Price 18.65 |
Price to earnings Ratio 22.85 | 1Y Target Price 18.65 | ||
Volume (30-day avg) 10 | Beta 1 | 52 Weeks Range 16.84 - 22.68 | Updated Date 09/11/2025 |
52 Weeks Range 16.84 - 22.68 | Updated Date 09/11/2025 | ||
Dividends yield (FY) 14.39% | Basic EPS (TTM) 0.78 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.24% | Operating Margin (TTM) 74.87% |
Management Effectiveness
Return on Assets (TTM) 5.22% | Return on Equity (TTM) 3.39% |
Valuation
Trailing PE 22.85 | Forward PE 8.2 | Enterprise Value 12656783360 | Price to Sales(TTM) 3.03 |
Enterprise Value 12656783360 | Price to Sales(TTM) 3.03 | ||
Enterprise Value to Revenue 41.34 | Enterprise Value to EBITDA - | Shares Outstanding 280065984 | Shares Floating - |
Shares Outstanding 280065984 | Shares Floating - | ||
Percent Insiders 0.18 | Percent Institutions 31.55 |
Upturn AI SWOT
FS KKR Capital Corp
Company Overview
History and Background
FS KKR Capital Corp. (formerly FS Investment Corporation) was founded in 2007. It is a business development company (BDC) that primarily invests in senior secured debt and, to a lesser extent, subordinated debt and equity of private middle market companies.
Core Business Areas
- Direct Lending: Provides financing solutions, including senior secured loans, to private middle-market companies.
- Strategic Investments: Invests in a range of opportunities across industries, including equity and subordinated debt.
Leadership and Structure
Michael J. Forman is the Chairman and Co-Chief Executive Officer. Daniel Pietrzak is the Co-Chief Executive Officer and Chief Investment Officer. The company operates under a board of directors.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Provides first lien loans to middle-market companies. Market share data is not readily available for specific loan types, but the middle-market lending space is competitive with many BDCs and banks. Competitors include Ares Capital, Main Street Capital, and Prospect Capital. FSK's revenue from these loans is a significant portion of its overall income.
- Subordinated Debt: Provides second lien loans and mezzanine debt to companies. Specific market share data is unavailable. Competitors include other BDCs specializing in mezzanine financing. This offers higher yields but also comes with increased risk compared to senior debt.
Market Dynamics
Industry Overview
The BDC industry is driven by the need for capital by middle-market companies. These companies often lack access to traditional bank financing. Regulatory changes and interest rate environments significantly affect the industry.
Positioning
FS KKR Capital Corp is a major BDC, leveraging its relationship with KKR to source and manage investments. Its scale provides some advantage, but it faces increasing competition from other BDCs and alternative lenders.
Total Addressable Market (TAM)
The TAM for middle-market lending is estimated to be in the hundreds of billions of dollars. FSKK's positioning allows it to capture a portion of this market by providing needed capital to firms.
Upturn SWOT Analysis
Strengths
- Strong relationship with KKR
- Diversified investment portfolio
- Experienced management team
- Significant scale and capital base
Weaknesses
- High management fees
- Potential conflicts of interest due to affiliation with KKR
- Exposure to credit risk from middle-market companies
- Sensitivity to interest rate changes
Opportunities
- Growing demand for private credit
- Expansion into new sectors
- Strategic acquisitions
- Increased focus on ESG investments
Threats
- Economic downturn
- Increased competition in the BDC space
- Rising interest rates
- Regulatory changes
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- PSEC
- OCSL
Competitive Landscape
FS KKR competes with other BDCs on investment yields, management expertise, and access to capital. ARCC is a large and established competitor. MAIN focuses on lower middle market. PSEC focuses on a range of investments with higher yields and OCSL has a more balanced portfolio
Major Acquisitions
Origami Capital Partners
- Year: 2020
- Acquisition Price (USD millions): 0
- Strategic Rationale: Origami was an advisor and the strategic rational included improved synergies, simplified operations and cost savings.
Growth Trajectory and Initiatives
Historical Growth: Examine the historical growth of the company based on key financial metrics and portfolio expansion.
Future Projections: Analyst estimates and company guidance are used to forecast future revenue, earnings, and investment growth.
Recent Initiatives: Details on new investment strategies, capital raising activities, or operational changes that contribute to the companyu2019s growth.
Summary
FS KKR Capital Corp is a BDC that leverages its relationship with KKR. It provides capital to middle market companies that are often unable to obtain traditional financing. Its diversified portfolio and scale provide it with strengths. However, reliance on middle market debt exposes it to credit risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Earnings call transcripts
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be construed as financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FS KKR Capital Corp
Exchange NYSE | Headquaters Philadelphia, PA, United States | ||
IPO Launch date 2014-04-16 | Chairman & CEO Mr. Michael Craig Forman J.D. | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website https://www.fskkradvisor.com |
Full time employees - | Website https://www.fskkradvisor.com | ||
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion. It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $100 million at the time of investment. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.
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