22

PennantPark Floating Rate Capital LtdMUN PennantPark Floating Stock Report

Last reporting period 30 Jun, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

0.841

Micro

Exchange

XMUN - Boerse Muenchen

22P.MU Stock Analysis

22

Avoid

Based on Eyestock quantitative analysis, 22P.MU`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

47/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

92.3 %

Greatly undervalued

Market cap $B

0.841

Dividend yield

10.42 %

Shares outstanding

49.682 B

PennantPark Floating Rate Capital Ltd., a traded fund, invests in middle market companies located in the United States. The company is headquartered in New York City, New York. The company went IPO on 2011-04-08. The firm is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to the United States (U.S) middle-market companies. Interest on floating rate loans is determined periodically, on the basis of a floating base lending rate, such as LIBOR, with or without a floor, plus a fixed spread. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets will be invested in floating rate loans and other investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions.

View Section: Eyestock Rating