PennantPark Investment Corporation (PNNT) vs Runway Growth Finance Corp. (RWAY)
- PennantPark Investment Corporation PNNT 3.04 −2.56%
- Runway Growth Finance Corp. RWAY 6.33 −2.91%
PennantPark Investment Corporation and Runway Growth Finance Corp. are both Asset Management companies. Runway Growth Finance Corp. is the larger, with a market value of $273.3M against $206.3M — 1.3× the size. PennantPark Investment Corporation trades at the lower P/E: 19.6× against 57.5×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −5.47% against −19.9%. PennantPark Investment Corporation has the higher net margin (9.66% vs 5.82%) and the lower return on invested capital (2.65% vs 2.96%). Both pay a dividend; Runway Growth Finance Corp. yields more (20.9% vs 13.2%). Across the 20 metrics below, PennantPark Investment Corporation leads on 12 and Runway Growth Finance Corp. on 8.
Valuation
Profitability
| Metric | PNNT | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 80.01% | 100.00% | 100.00% |
| Operating margin | 74.72% | 75.26% | 33.42% |
| Net margin | 9.66% | 5.82% | 13.37% |
| Free cash flow margin | 107.91% | (56.56%) | 12.36% |
| Return on equity | 2.23% | 1.55% | 4.79% |
| Return on assets | 0.81% | 0.69% | 1.55% |
| Return on invested capital | 2.65% | 2.96% | 2.97% |
Growth
Health
Dividend
Size
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