Carlyle Secured Lending, Inc. (CGBD) vs PennantPark Floating Rate Capital Ltd. (PFLT)
- Carlyle Secured Lending, Inc. CGBD 11.10 +1.93%
- PennantPark Floating Rate Capital Ltd. PFLT 6.85 +0.29%
Carlyle Secured Lending, Inc. and PennantPark Floating Rate Capital Ltd. are both Asset Management companies. Carlyle Secured Lending, Inc. is the larger, with a market value of $749.3M against $677.7M — 1.1× the size. PennantPark Floating Rate Capital Ltd. trades at the lower P/E: 13.4× against 20.7×. PennantPark Floating Rate Capital Ltd. grew revenue faster over the last twelve months: 9.33% against 4.60%. PennantPark Floating Rate Capital Ltd. has the higher net margin (18.5% vs 14.4%) and the higher return on invested capital (3.51% vs 2.73%). Both pay a dividend; PennantPark Floating Rate Capital Ltd. yields more (15.2% vs 13.8%). Across the 19 metrics below, PennantPark Floating Rate Capital Ltd. leads on 15 and Carlyle Secured Lending, Inc. on 4.
Valuation
Profitability
| Metric | CGBD | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 0.00% | 76.57% | 27.27% |
| Net margin | 14.39% | 18.53% | 11.89% |
| Free cash flow margin | 65.93% | (21.54%) | 5.96% |
| Return on equity | 3.26% | 4.77% | 4.57% |
| Return on assets | 1.47% | 1.95% | 1.40% |
| Return on invested capital | 2.73% | 3.51% | 2.12% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack