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PennantPark Floating Rate Capital Ltd
NYSE:PFLT

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PennantPark Floating Rate Capital Ltd
NYSE:PFLT
Watchlist
Price: 8.71 USD -0.8% Market Closed
Market Cap: $864.2m

P/E

25
Current
163%
More Expensive
vs 3-y average of 9.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
25
=
Market Cap
$816.6m
/
Net Income
$34.5m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
25
=
Market Cap
$816.6m
/
Net Income
$34.5m

Valuation Scenarios

PennantPark Floating Rate Capital Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (9.5), the stock would be worth $3.31 (62% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-63%
Maximum Upside
No Upside Scenarios
Average Downside
42%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 25 $8.71
0%
3-Year Average 9.5 $3.31
-62%
5-Year Average 9.3 $3.22
-63%
Industry Average 16.5 $5.74
-34%
Country Average 22.9 $7.96
-9%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$816.6m
/
Jan 2026
$34.5m
=
25
Current
$816.6m
/
Sep 2026
$114.1m
=
7.2
Forward
$816.6m
/
Sep 2027
$119.2m
=
6.9
Forward
$816.6m
/
Sep 2028
$123.5m
=
6.6
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in the United States of America
Percentile
56th
Based on 8 489 companies
56th percentile
25
Low
0 — 15.3
Typical Range
15.3 — 33.2
High
33.2 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.3
Median 22.9
70th Percentile 33.2
Max 1 826 183.3

PennantPark Floating Rate Capital Ltd
Glance View

Market Cap
864.2m USD
Industry
Financial Services

PennantPark Floating Rate Capital Ltd is a non-diversified closed-end management investment company invests in small market-cap and public middle market companies located in the U.S. and to a limited extent non-US companies. The company is headquartered in New York City, New York. The company went IPO on 2011-04-08. The Company’s investment objectives are to generate both current income and capital appreciation while seeking to preserve capital. The firm seeks to achieve its investment objectives by investing primarily in loans bearing variable rates of interest or floating rate loans and other investments made to United States middle-market private companies whose debt is rated below investment grade. Interest on floating rate loans is determined periodically, on the basis of a floating base lending rate, such as LIBOR, with or without a floor, plus a fixed spread. Under normal market conditions, the Company generally expect that at least 80% of the value of its net assets plus any borrowings for investment purposes or its Managed Assets, will be invested in floating rate loans and other investments bearing a variable rate of interest.

PFLT Intrinsic Value
13.68 USD
Undervaluation 36%
Intrinsic Value
Price $8.71
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