MidCap Financial Investment Corporation (MFIC) vs PennantPark Floating Rate Capital Ltd. (PFLT)
- MidCap Financial Investment Corporation MFIC 8.34 −1.88%
- PennantPark Floating Rate Capital Ltd. PFLT 6.51 −2.11%
MidCap Financial Investment Corporation and PennantPark Floating Rate Capital Ltd. are both Asset Management companies. MidCap Financial Investment Corporation and PennantPark Floating Rate Capital Ltd. are of similar size ($700.2M and $660.1M). MidCap Financial Investment Corporation has negative trailing earnings, so its P/E is not meaningful; PennantPark Floating Rate Capital Ltd. trades at 12.8×. PennantPark Floating Rate Capital Ltd. grew revenue faster over the last twelve months: 9.33% against −7.17%. PennantPark Floating Rate Capital Ltd. has the higher net margin (18.5% vs −9.85%) and the lower return on invested capital (3.51% vs 5.78%). Both pay a dividend; PennantPark Floating Rate Capital Ltd. yields more (15.9% vs 15.7%). Across the 18 metrics below, PennantPark Floating Rate Capital Ltd. leads on 10 and MidCap Financial Investment Corporation on 8.
Valuation
Profitability
| Metric | MFIC | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 86.02% | 76.57% | 33.42% |
| Net margin | (9.85%) | 18.53% | 13.37% |
| Free cash flow margin | 176.54% | (21.54%) | 12.36% |
| Return on equity | (2.39%) | 4.77% | 4.79% |
| Return on assets | (0.94%) | 1.95% | 1.55% |
| Return on invested capital | 5.78% | 3.51% | 2.97% |
Growth
Health
Dividend
Size
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