PennantPark Investment Corporation (PNNT) vs TriplePoint Venture Growth BDC Corp. (TPVG)
PennantPark Investment Corporation and TriplePoint Venture Growth BDC Corp. are both Asset Management companies. PennantPark Investment Corporation is the larger, with a market value of $218.7M against $195.8M — 1.1× the size. TriplePoint Venture Growth BDC Corp. trades at the lower P/E: 4.9× against 21.4×. TriplePoint Venture Growth BDC Corp. grew revenue faster over the last twelve months: −8.04% against −19.9%. TriplePoint Venture Growth BDC Corp. has the higher net margin (44.6% vs 9.66%) and the higher return on invested capital (4.41% vs 2.65%). Both pay a dividend; TriplePoint Venture Growth BDC Corp. yields more (14.7% vs 12.9%). Across the 22 metrics below, TriplePoint Venture Growth BDC Corp. leads on 15 and PennantPark Investment Corporation on 7.
Valuation
Profitability
| Metric | PNNT | TPVG | Asset Management median |
|---|---|---|---|
| Gross margin | 80.01% | 100.00% | 100.00% |
| Operating margin | 74.72% | 74.52% | 33.03% |
| Net margin | 9.66% | 44.58% | 13.53% |
| Free cash flow margin | 107.91% | (32.28%) | 12.44% |
| Return on equity | 2.23% | 11.45% | 4.83% |
| Return on assets | 0.81% | 5.03% | 1.57% |
| Return on invested capital | 2.65% | 4.41% | 3.04% |
Growth
Health
Dividend
Size
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