Neostellar Capital Corp. (NSLR) vs PennantPark Investment Corporation (PNNT)

Neostellar Capital Corp. and PennantPark Investment Corporation are both Asset Management companies. PennantPark Investment Corporation is the larger, with a market value of $206.3M against $181.1M — 1.1× the size. Neostellar Capital Corp. trades at the lower P/E: 1.3× against 19.6×. PennantPark Investment Corporation grew revenue faster over the last twelve months: −19.9% against −26.3%. Neostellar Capital Corp. has the higher net margin (6,054.8% vs 9.66%) and the lower return on invested capital (−5.63% vs 2.65%). Both pay a dividend; PennantPark Investment Corporation yields more (13.2% vs 3.89%). Across the 20 metrics below, Neostellar Capital Corp. leads on 10 and PennantPark Investment Corporation on 10.

Valuation

Metric NSLR PNNT Asset Management median
P/E 1.33 19.59 13.99
P/S 81.31 1.89 2.76
P/B 0.47 0.46 0.85
Price to free cash flow n/m 1.75 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 75.23% 5.11% 4.72%
Free cash flow yield (15.31%) 57.03% 4.44%

Profitability

Metric NSLR PNNT Asset Management median
Gross margin 100.00% 80.01% 100.00%
Operating margin (1,537.90%) 74.72% 33.42%
Net margin 6,054.76% 9.66% 13.37%
Free cash flow margin (1,245.16%) 107.91% 12.36%
Return on equity 43.19% 2.23% 4.79%
Return on assets 34.74% 0.81% 1.55%
Return on invested capital (5.63%) 2.65% 2.97%

Growth

Metric NSLR PNNT Asset Management median
Revenue growth (TTM) (26.32%) (19.87%) 7.42%
EPS growth (last fiscal year) 211.25% (33.33%) (6.67%)
Revenue growth, 5-year CAGR (1.56%) 4.07% 12.51%
Net income growth, 5-year CAGR (8.32%) 0.00% 0.00%

Health

Metric NSLR PNNT Asset Management median
Debt to equity 0.17 1.28 0.44
Current ratio 6.76 0.18 1.30
Net debt to EBITDA (0.48) 7.74 1.02

Dividend

Metric NSLR PNNT Asset Management median
Dividend yield 3.89% 13.16% 6.60%
Payout ratio 0.06 2.58 0.94

Size

Metric NSLR PNNT Asset Management median
Market cap 181.07m 206.34m 694.86m

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