Pearl Diver Credit Company Inc. (PDCC) vs PhenixFIN Corporation (PFX)

Pearl Diver Credit Company Inc. and PhenixFIN Corporation are both Asset Management companies. PhenixFIN Corporation is the larger, with a market value of $88.8M against $70.9M — 1.3× the size. Pearl Diver Credit Company Inc. has negative trailing earnings, so its P/E is not meaningful; PhenixFIN Corporation trades at 18.9×. Across the 2 metrics below, PhenixFIN Corporation leads on 2 and Pearl Diver Credit Company Inc. on 0.

Valuation

Metric PDCC PFX Asset Management median
P/E n/m 18.92 14.62
P/S — 3.50 2.97
P/B — 0.56 0.94
Price to free cash flow — n/m 8.93
EV/EBITDA — 15.10 10.32
EV/Sales — 9.24 5.72
Earnings yield (49.43%) 5.29% 4.53%
Free cash flow yield — (3.40%) 4.65%

Profitability

Metric PDCC PFX Asset Management median
Gross margin — 100.00% 100.00%
Operating margin — 63.13% 33.03%
Net margin — 18.55% 13.53%
Free cash flow margin — (11.89%) 12.44%
Return on equity — 2.97% 4.83%
Return on assets 0.00% 1.52% 1.57%
Return on invested capital — 3.29% 3.04%

Growth

Metric PDCC PFX Asset Management median
Revenue growth (TTM) — 5.10% 6.97%
EPS growth (last fiscal year) — (77.44%) —
Revenue growth, 5-year CAGR — 3.26% 12.13%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric PDCC PFX Asset Management median
Debt to equity — 0.93 0.42
Current ratio — 1.34 1.28
Net debt to EBITDA — 8.95 1.06

Dividend

Metric PDCC PFX Asset Management median
Dividend yield — — 6.92%
Payout ratio — 0.00 0.77

Size

Metric PDCC PFX Asset Management median
Market cap 70.92m 88.82m 721.34m

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