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Upturn AI SWOT - About
PFLT 
PennantPark Floating Rate Capital Ltd (PFLT)
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Upturn Advisory Summary
10/15/2025: PFLT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
8 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $10.86
1 Year Target Price $10.86
| 2 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -14.65% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 836.41M USD | Price to earnings Ratio 10.28 | 1Y Target Price 10.86 |
Price to earnings Ratio 10.28 | 1Y Target Price 10.86 | ||
Volume (30-day avg) 8 | Beta 0.96 | 52 Weeks Range 8.21 - 10.66 | Updated Date 10/17/2025 |
52 Weeks Range 8.21 - 10.66 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 14.14% | Basic EPS (TTM) 0.82 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 28.31% | Operating Margin (TTM) 79.1% |
Management Effectiveness
Return on Assets (TTM) 5.76% | Return on Equity (TTM) 7.37% |
Valuation
Trailing PE 10.28 | Forward PE 7.86 | Enterprise Value 971399091 | Price to Sales(TTM) 3.37 |
Enterprise Value 971399091 | Price to Sales(TTM) 3.37 | ||
Enterprise Value to Revenue 25.27 | Enterprise Value to EBITDA 26.01 | Shares Outstanding 99217896 | Shares Floating - |
Shares Outstanding 99217896 | Shares Floating - | ||
Percent Insiders 0.86 | Percent Institutions 23.01 |
Upturn AI SWOT
PennantPark Floating Rate Capital Ltd
Company Overview
History and Background
PennantPark Floating Rate Capital Ltd. was founded in 2010 as a specialty finance company focused on providing direct lending solutions to U.S. middle market companies.
Core Business Areas
- Direct Lending: Providing first lien secured debt, second lien secured debt, and subordinated debt to middle market companies.
Leadership and Structure
Arthur Penn is the Chairman and CEO. The company has a management team with experience in credit analysis, direct lending, and private equity. It operates as a business development company (BDC).
Top Products and Market Share
Key Offerings
- First Lien Secured Debt: Providing senior secured loans to middle market companies. Market share data is not readily available for specific loan types within the middle market lending space. Competitors include Ares Capital, Golub Capital, and Owl Rock Capital.
- Second Lien Secured Debt: Offering junior secured loans to middle market companies. Market share data is not readily available. Competitors include Ares Capital, Golub Capital, and Owl Rock Capital.
- Subordinated Debt: Providing unsecured loans to middle market companies. Market share data is not readily available. Competitors include Ares Capital, Golub Capital, and Owl Rock Capital.
Market Dynamics
Industry Overview
The direct lending industry is characterized by increasing competition and demand for financing from middle market companies. Regulatory changes and economic conditions can significantly impact the industry.
Positioning
PennantPark Floating Rate Capital focuses on floating rate loans to mitigate interest rate risk. Its focus on middle market companies provides access to opportunities underserved by larger lenders.
Total Addressable Market (TAM)
The middle market direct lending TAM is estimated to be several hundred billion USD annually. PFLT is positioned to capture a portion of this market through its direct origination capabilities and focus on floating rate loans.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on floating rate loans
- Direct origination platform
- Strong track record in credit selection
Weaknesses
- Reliance on external financing
- Sensitivity to economic downturns
- Concentration risk in portfolio
- High operating expenses relative to assets.
Opportunities
- Increased demand for direct lending
- Expansion into new industry sectors
- Strategic acquisitions
- Partnerships with private equity firms
Threats
- Increased competition
- Rising interest rates
- Economic recession
- Regulatory changes
Competitors and Market Share
Key Competitors
- ARCC
- GOLC
- OCSL
- TPVG
Competitive Landscape
PFLT is a smaller player compared to ARCC and GOLC. Its advantages include its floating rate focus. Disadvantages are its smaller size and limited resources.
Growth Trajectory and Initiatives
Historical Growth: Growth trends depend on historical financial performance. Further information is required for this section.
Future Projections: Analyst estimates are required for future projections.
Recent Initiatives: Reviewing recent company announcements and investor presentations is required to fulfill this section.
Summary
PennantPark Floating Rate Capital Ltd. focuses on floating rate loans in the middle market, which is beneficial during rising interest rate environments. However, its smaller size compared to its competitors can limit its opportunities. Its experienced management team is a strength, but economic downturns and increased competition pose significant threats. Maintaining credit quality and managing its capital structure are crucial for future success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Presentations
- Analyst Reports (where available)
- Company Website
Disclaimers:
The data and analysis provided are based on publicly available information and should not be considered financial advice. Market share estimates are approximations.
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 PennantPark Floating Rate Capital Ltd
Exchange NYSE | Headquaters Miami Beach, FL, United States | ||
IPO Launch date 2011-04-08 | Founder, Chairman & CEO Mr. Arthur Howard Penn | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website https://pflt.pennantpark.com |
Full time employees - | Website https://pflt.pennantpark.com | ||
PennantPark Floating Rate Capital Ltd. is a 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. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
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