Gladstone Investment Corporation (GAIN) vs PennantPark Floating Rate Capital Ltd. (PFLT)
Gladstone Investment Corporation and PennantPark Floating Rate Capital Ltd. are both Asset Management companies. PennantPark Floating Rate Capital Ltd. is the larger, with a market value of $698.5M against $623.2M — 1.1× the size. Gladstone Investment Corporation trades at the lower P/E: 3.8× against 13.7×. PennantPark Floating Rate Capital Ltd. grew revenue faster over the last twelve months: 9.33% against 9.32%. Gladstone Investment Corporation has the higher net margin (159.0% vs 18.5%) and the lower return on invested capital (2.36% vs 3.51%). Both pay a dividend; PennantPark Floating Rate Capital Ltd. yields more (10.8% vs 6.59%). Across the 21 metrics below, PennantPark Floating Rate Capital Ltd. leads on 11 and Gladstone Investment Corporation on 10.
Valuation
Profitability
| Metric | GAIN | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 61.22% | 100.00% | 100.00% |
| Operating margin | 23.40% | 76.57% | 33.03% |
| Net margin | 158.95% | 18.53% | 13.53% |
| Free cash flow margin | (41.74%) | (21.54%) | 12.44% |
| Return on equity | 29.17% | 4.77% | 4.83% |
| Return on assets | 14.01% | 1.95% | 1.57% |
| Return on invested capital | 2.36% | 3.51% | 3.04% |
Growth
Health
Dividend
Size
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