Carlyle Secured Lending, Inc. (CGBD) vs PennantPark Floating Rate Capital Ltd. (PFLT)
- Carlyle Secured Lending, Inc. CGBD 10.39 −2.53%
- PennantPark Floating Rate Capital Ltd. PFLT 6.51 −2.11%
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 $733.5M against $660.1M — 1.1× the size. PennantPark Floating Rate Capital Ltd. trades at the lower P/E: 12.8× against 20.4×. Carlyle Secured Lending, Inc. grew revenue faster over the last twelve months: 10.7% against 9.33%. PennantPark Floating Rate Capital Ltd. has the higher net margin (18.5% vs 14.3%) and the higher return on invested capital (3.51% vs 2.75%). Both pay a dividend; PennantPark Floating Rate Capital Ltd. yields more (15.9% vs 14.4%). Across the 19 metrics below, PennantPark Floating Rate Capital Ltd. leads on 13 and Carlyle Secured Lending, Inc. on 6.
Valuation
Profitability
| Metric | CGBD | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 74.29% | 76.57% | 33.42% |
| Net margin | 14.26% | 18.53% | 13.37% |
| Free cash flow margin | 64.17% | (21.54%) | 12.36% |
| Return on equity | 3.25% | 4.77% | 4.79% |
| Return on assets | 1.47% | 1.95% | 1.55% |
| Return on invested capital | 2.75% | 3.51% | 2.97% |
Growth
Health
Dividend
Size
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