P

PennantPark Floating Rate Capital Ltd
NYSE:PFLT

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PennantPark Floating Rate Capital Ltd
NYSE:PFLT
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Price: 8.04 USD -1.23% Market Closed
Market Cap: $797.7m

Relative Value

The Relative Value of one PFLT stock under the Base Case scenario is 17.82 USD. Compared to the current market price of 8.04 USD, PennantPark Floating Rate Capital Ltd is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PFLT Relative Value
Base Case
17.82 USD
Undervaluation 55%
Relative Value
Price
P
Worst Case
Base Case
Best Case

Multiples Across Competitors

PFLT Competitors Multiples
PennantPark Floating Rate Capital Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
797.7m USD 3 23.1 22.2 22.2
US
BlackRock Inc
NYSE:BLK
143.1B USD 5.9 25.8 17.3 20
US
Blackstone Inc
NYSE:BX
124.6B USD 8.6 41.3 18.4 18.5
CA
Brookfield Corp
NYSE:BN
96B USD 1.3 84.1 11.1 16.6
ZA
Ninety One Ltd
JSE:NY1
86.9B ZAR 5.7 25.5 -37.4 -40.3
US
Bank of New York Mellon Corp
NYSE:BK
80.6B USD 4 15.2 0 0
US
KKR & Co Inc
NYSE:KKR
74.7B USD 3.1 33.2 20.1 20.1
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
62.1B EUR 15.2 29.4 26.7 27
CA
Brookfield Asset Management Inc
NYSE:BAM
70.7B USD 14.7 28.4 25.8 26.1
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
96.1B CAD 14.6 28.4 25.8 26.1
US
Ameriprise Financial Inc
NYSE:AMP
40.2B USD 2.1 11.3 11.9 11.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
P
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
Average EV/EBITDA: 19.9
22.2
N/A N/A
US
BlackRock Inc
NYSE:BLK
17.3
23%
0.8
US
Blackstone Inc
NYSE:BX
18.4
20%
0.9
CA
Brookfield Corp
NYSE:BN
11.1
N/A N/A
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -37.4 N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
KKR & Co Inc
NYSE:KKR
20.1
38%
0.5
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
26.7
21%
1.3
CA
Brookfield Asset Management Inc
NYSE:BAM
25.8
21%
1.2
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
25.8
21%
1.2
US
Ameriprise Financial Inc
NYSE:AMP
11.9
4%
3
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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