New Mountain Finance Corporation (NMFC) vs PennantPark Floating Rate Capital Ltd. (PFLT)
- New Mountain Finance Corporation NMFC 6.91 −1.29%
- PennantPark Floating Rate Capital Ltd. PFLT 6.85 +0.29%
New Mountain Finance Corporation and PennantPark Floating Rate Capital Ltd. are both Asset Management companies. New Mountain Finance Corporation and PennantPark Floating Rate Capital Ltd. are of similar size ($677.7M and $661.2M). New Mountain Finance Corporation has negative trailing earnings, so its P/E is not meaningful; PennantPark Floating Rate Capital Ltd. trades at 13.4×. PennantPark Floating Rate Capital Ltd. grew revenue faster over the last twelve months: 9.33% against −63.6%. PennantPark Floating Rate Capital Ltd. has the higher net margin (18.5% vs −57.3%) and the higher return on invested capital (3.51% vs −1.54%). Both pay a dividend; New Mountain Finance Corporation yields more (16.3% vs 15.2%). Across the 18 metrics below, PennantPark Floating Rate Capital Ltd. leads on 12 and New Mountain Finance Corporation on 6.
Valuation
Profitability
| Metric | NMFC | PFLT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 0.00% | 76.57% | 27.27% |
| Net margin | (57.29%) | 18.53% | 11.89% |
| Free cash flow margin | 629.18% | (21.54%) | 5.96% |
| Return on equity | (5.01%) | 4.77% | 4.57% |
| Return on assets | (2.10%) | 1.95% | 1.40% |
| Return on invested capital | (1.54%) | 3.51% | 2.12% |
Growth
Health
Dividend
Size
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