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Upturn AI SWOT - About
PFLT 
PennantPark Floating Rate Capital Ltd (PFLT)
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Upturn Advisory Summary
08/14/2025: PFLT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 $11.04
1 Year Target Price $11.04
| 2 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -12.41% | Avg. Invested days 46 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.04B USD | Price to earnings Ratio 12.74 | 1Y Target Price 11.04 |
Price to earnings Ratio 12.74 | 1Y Target Price 11.04 | ||
Volume (30-day avg) 8 | Beta 0.96 | 52 Weeks Range 8.39 - 10.90 | Updated Date 08/15/2025 |
52 Weeks Range 8.39 - 10.90 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 11.71% | Basic EPS (TTM) 0.82 |
Earnings Date
Report Date 2025-08-11 | When - | Estimate 0.29 | Actual 0.27 |
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 12.74 | Forward PE 9.01 | Enterprise Value 971399091 | Price to Sales(TTM) 4.18 |
Enterprise Value 971399091 | Price to Sales(TTM) 4.18 | ||
Enterprise Value to Revenue 27.01 | Enterprise Value to EBITDA 26.01 | Shares Outstanding 99217904 | Shares Floating - |
Shares Outstanding 99217904 | Shares Floating - | ||
Percent Insiders 0.86 | Percent Institutions 26.46 |
Upturn AI SWOT
PennantPark Floating Rate Capital Ltd
Company Overview
History and Background
PennantPark Floating Rate Capital Ltd. was founded in 2010. It is a specialty finance company that primarily invests in U.S. middle market companies.
Core Business Areas
- Direct Lending: Provides direct lending solutions to middle market companies, offering financing for acquisitions, growth, and recapitalizations.
Leadership and Structure
Arthur Penn is the Chairman and Chief Executive Officer. The company operates as a business development company (BDC).
Top Products and Market Share
Key Offerings
- First Lien Debt: Invests primarily in first lien secured debt of middle market companies. Market share data is fragmented across numerous lenders; revenue fluctuates with interest rates and deal volume. Competitors include Ares Capital Corporation (ARCC) and Main Street Capital Corporation (MAIN).
- Second Lien Debt: Also invests in second lien secured debt of middle market companies. Market share data is fragmented across numerous lenders; revenue fluctuates with interest rates and deal volume. Competitors include Ares Capital Corporation (ARCC) and Main Street Capital Corporation (MAIN).
Market Dynamics
Industry Overview
The BDC industry is influenced by interest rates, economic conditions, and regulatory changes. Middle market lending is competitive.
Positioning
PFLT focuses on floating rate debt, which benefits from rising interest rates. Its competitive advantage lies in its established relationships and experience in the middle market.
Total Addressable Market (TAM)
The TAM for middle market lending is estimated to be in the hundreds of billions of dollars. PFLT holds a small but active position in this TAM.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on floating rate debt
- Established relationships in the middle market
- Diversified investment portfolio
Weaknesses
- Reliance on external financing
- Sensitivity to interest rate fluctuations
- Credit risk associated with middle market lending
- Regulatory scrutiny of BDCs
Opportunities
- Growing demand for private credit
- Expansion into new sectors or geographies
- Increased deal flow in the middle market
- Strategic acquisitions
Threats
- Economic downturn
- Increased competition in middle market lending
- Rising interest rates
- Regulatory changes impacting BDCs
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- TCPC
- OAK
Competitive Landscape
PFLT competes with other BDCs and private credit funds. Its focus on floating rate debt provides a competitive advantage in rising rate environments.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by increased investment activity and favorable interest rate environment.
Future Projections: Analyst estimates vary depending on economic conditions and company performance.
Recent Initiatives: Focus on originating and managing high-quality investments.
Summary
PennantPark Floating Rate Capital is a business development company focusing on floating-rate debt investments in middle-market companies. A strength lies in its floating-rate focus, benefiting from rising interest rates. Weaknesses include reliance on external financing and credit risks tied to middle-market lending. Vigilance regarding economic shifts and competition is crucial for sustaining growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Market share estimates are approximate. Financial data needs to be manually updated from most recent company filings. All investment decisions should be made based on thorough research and consultation with a 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 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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