stockrowNuveen Churchill Direct Lending Corp. (NCDL) vs PennantPark Floating Rate Capital Ltd. (PFLT)
- Nuveen Churchill Direct Lending Corp. NCDL 11.85 −0.67%
- PennantPark Floating Rate Capital Ltd. PFLT 6.86 +0.44%
Nuveen Churchill Direct Lending Corp. and PennantPark Floating Rate Capital Ltd. are both Asset Management companies. PennantPark Floating Rate Capital Ltd. is the larger, with a market value of $677.7M against $585.9M — 1.2× the size. PennantPark Floating Rate Capital Ltd. trades at the lower P/E: 13.4× against 13.8×. PennantPark Floating Rate Capital Ltd. grew revenue faster over the last twelve months: 9.33% against −14.2%. Nuveen Churchill Direct Lending Corp. has the higher net margin (24.0% vs 18.5%) and the higher return on invested capital (11.5% vs 3.51%). Both pay a dividend; PennantPark Floating Rate Capital Ltd. yields more (15.2% vs 3.77%). Across the 19 metrics below, Nuveen Churchill Direct Lending Corp. leads on 11 and PennantPark Floating Rate Capital Ltd. on 8.
Valuation
Profitability
| Metric | NCDL | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 80.72% | 76.57% | 27.27% |
| Net margin | 23.98% | 18.53% | 11.89% |
| Free cash flow margin | 75.67% | (21.54%) | 5.96% |
| Return on equity | 5.12% | 4.77% | 4.57% |
| Return on assets | 2.23% | 1.95% | 1.40% |
| Return on invested capital | 11.52% | 3.51% | 2.12% |
Growth
Health
Dividend
Size
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