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11.81 (1y: +18%)
Market Cap 786.11 M P/E(ttm) 9.60
Enterprise Value 1.16 B P/B 1.20
PNNT- NAS (USA)
Pennant Park Investment Corporation
Not Rated
Top Ranked Predictable Companies
$11.81
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.026
PNNT's Cash to Debt is ranked higher than
54% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.40 vs. PNNT: 0.026 )
PNNT' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.2
Current: 0.03
0.01
0.2
Equity to Asset 0.657
PNNT's Equity to Asset is ranked higher than
61% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.61 vs. PNNT: 0.657 )
PNNT' s 10-Year Equity to Asset Range
Min: 0.49   Max: 0.66
Current: 0.66
0.49
0.66
Interest Coverage No Debt
PNNT's Interest Coverage is ranked higher than
73% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 4.70 vs. PNNT: No Debt )
PNNT' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 1.53
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 50.60
PNNT's Operating margin (%) is ranked higher than
75% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 6.00 vs. PNNT: 50.60 )
PNNT' s 10-Year Operating margin (%) Range
Min: -42.4   Max: 53.5
Current: 50.6
-42.4
53.5
Net-margin (%) 55.9
PNNT's Net-margin (%) is ranked higher than
75% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 8.10 vs. PNNT: 55.9 )
PNNT' s 10-Year Net-margin (%) Range
Min: -128.2   Max: 79.4
Current: 55.9
-128.2
79.4
ROE (%) 9.5
PNNT's ROE (%) is ranked higher than
80% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: 9.5 )
PNNT' s 10-Year ROE (%) Range
Min: -19.3   Max: 11.9
Current: 9.5
-19.3
11.9
ROA (%) 6.2
PNNT's ROA (%) is ranked higher than
80% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: 6.2 )
PNNT' s 10-Year ROA (%) Range
Min: -9.7   Max: 7
Current: 6.2
-9.7
7
ยป PNNT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

PNNT Guru Trades in

Q2 2011

PNNT Guru Trades in Q2 2011

George Soros 11,800 sh (New)
Steven Cohen Sold Out
» More
Q3 2011

PNNT Guru Trades in Q3 2011

George Soros Sold Out
» More
Q1 2013

PNNT Guru Trades in Q1 2013

Jeremy Grantham 16,000 sh (New)
» More
» Details

Insider Trades

Latest Guru Trades with PNNT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2011-09-30 Sold Out 0.0019%$8.89 - $11.52 $ 11.8115%0
George Soros 2011-06-30 New Buy$10.97 - $12.43 $ 11.810%11800
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Top Ranked Articles about Pennant Park Investment Corporation

Pennantpark Announces Public Offering and Insiders Buy
March 25, 2013
- Pennantpark Announces Public Offering And Insiders Buy
Last week Pennantpark Floating Rate Capital (PFLT) announced that it is going to sell 3 million shares of common stock at a public offering price of $14 per share. The closing of this transaction is set to be delivered on March 26. The company is planning on using the net proceeds to reduce outstanding debts, to fund investments in compliance to its investment objectives, or for general corporate purposes. Taking advantage of the common stock price, Director Samuel Katz added 30,000 shares to his stake costing him a total of $420,000. Katz now holds on to 59,500 shares in company stock. The last time Katz invested in the company was in August 2011, and since then he has seen the price per share increase 30.57%. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 9.60
PNNT's P/E(ttm) is ranked higher than
65% of the 672 Companies
in the Global Asset Management industry.

( Industry Median: 13.10 vs. PNNT: 9.60 )
PNNT' s 10-Year P/E(ttm) Range
Min: 2.5   Max: 291.05
Current: 9.6
2.5
291.05
P/B 1.20
PNNT's P/B is ranked lower than
57% of the 935 Companies
in the Global Asset Management industry.

( Industry Median: 0.98 vs. PNNT: 1.20 )
PNNT' s 10-Year P/B Range
Min: 0.28   Max: 1.2
Current: 1.2
0.28
1.2
P/S 5.80
PNNT's P/S is ranked higher than
57% of the 972 Companies
in the Global Asset Management industry.

( Industry Median: 5.19 vs. PNNT: 5.80 )
PNNT' s 10-Year P/S Range
Min: 1.46   Max: 6.29
Current: 5.8
1.46
6.29
EV-to-EBIT 17.5
PNNT's EV-to-EBIT is ranked higher than
50% of the 660 Companies
in the Global Asset Management industry.

( Industry Median: 12.80 vs. PNNT: 17.5 )
PNNT' s 10-Year EV-to-EBIT Range
Min: 5.8   Max: 21.2
Current: 17.5
5.8
21.2

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 9.50
PNNT's Dividend Yield is ranked higher than
95% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 1.78 vs. PNNT: 9.50 )
PNNT' s 10-Year Dividend Yield Range
Min: 7.42   Max: 32.73
Current: 9.5
7.42
32.73
Dividend Payout 0.898
PNNT's Dividend Payout is ranked lower than
57% of the 545 Companies
in the Global Asset Management industry.

( Industry Median: 0.48 vs. PNNT: 0.898 )
PNNT' s 10-Year Dividend Payout Range
Min: 0.57   Max: 4.4
Current: 0.9
0.57
4.4
Dividend growth (3y) 3.9
PNNT's Dividend growth (3y) is ranked higher than
94% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: 3.9 )
PNNT' s 10-Year Dividend growth (3y) Range
Min: 3.9   Max: 47.1
Current: 3.9
3.9
47.1
Yield on cost (5-Year) 12.48
PNNT's Yield on cost (5-Year) is ranked higher than
97% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 1.14 vs. PNNT: 12.48 )
PNNT' s 10-Year Yield on cost (5-Year) Range
Min: 9.74   Max: 42.98
Current: 12.48
9.74
42.98
Share Buyback Rate -25.9
PNNT's Share Buyback Rate is ranked lower than
80% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: -25.9 )
PNNT' s 10-Year Share Buyback Rate Range
Min: -9   Max: -25.9
Current: -25.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 147.6
PNNT's Price/Net Current Asset Value is ranked lower than
61% of the 383 Companies
in the Global Asset Management industry.

( Industry Median: 35.10 vs. PNNT: 147.6 )
PNNT' s 10-Year Price/Net Current Asset Value Range
Min: 14.7   Max: 106.1
Current: 147.6
14.7
106.1
Price/Tangible Book 1.2
PNNT's Price/Tangible Book is ranked lower than
51% of the 806 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. PNNT: 1.2 )
PNNT' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 1
Current: 1.2
0.6
1
Price/Median PS Value 1.2
PNNT's Price/Median PS Value is ranked lower than
51% of the 734 Companies
in the Global Asset Management industry.

( Industry Median: 1.10 vs. PNNT: 1.2 )
PNNT' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.1
Current: 1.2
0.8
1.1
Price/Graham Number 0.6
PNNT's Price/Graham Number is ranked higher than
56% of the 565 Companies
in the Global Asset Management industry.

( Industry Median: 0.80 vs. PNNT: 0.6 )
PNNT' s 10-Year Price/Graham Number Range
Min: 0.3   Max: 1.2
Current: 0.6
0.3
1.2
Earnings Yield (Greenblatt) 5.70
PNNT's Earnings Yield (Greenblatt) is ranked higher than
75% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: 5.70 )
PNNT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.7   Max: 17.1
Current: 5.7
4.7
17.1
Forward Rate of Return (Yacktman) -44.53
PNNT's Forward Rate of Return (Yacktman) is ranked lower than
80% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 0.00 vs. PNNT: -44.53 )
PNNT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -58.1   Max: -40.8
Current: -44.53
-58.1
-40.8

Business Description

PennantPark Investment Corporation, (PennantPark ) a Maryland corporation organized on January 11, 2007. The Company completed its initial public offering on April 24, 2007. It is a closed-end, externally managed, non-diversified investment Company that has elected to be treated as a business development company. PennantPark Investment's objective is to generate both current income and capital appreciation through debt and equity investments. It invests mainly in U.S. middle-market companies in the form of mezzanine debt, senior secured loans and equity investments. PennantPark Investment seeks to create a portfolio that includes mezzanine debt, senior secured loans and equity investments. It currently operates in a constrained credit market. Investment activity depends on many factors, including the amount of debt and equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments made. Competitors provide financing to middle-market companies and include other business development companies, commercial and investment banks, commercial financing companies and, to the extent they provide an alternative form of financing, private equity funds. Its main investment focus is to provide mezzanine debt and senior secured loans to U.S. middle-market companies in different industries.
Company Website
SEC Reports
Industry: Asset Management
Compare:AMP, AMG, BEN, BLK, BK
ยป More Articles for PNNT

Headlines

Articles On GuruFocus.com
Pennantpark Announces Public Offering and Insiders Buy Mar 25 2013 
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The 10 Highest Yielding Dividend Contenders Feb 15 2012 
4 Financial Stocks to Buy Now for Profits over the Next Decade Jan 12 2012 
Best Yielding Dividend Challengers List August 2011 Aug 15 2011 
PennantPark Investment Corp. Reports Operating Results (10-Q) Feb 02 2011 

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