Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-04-23), Pennant Park Investment's Intrinsic Value: Projected FCF is $4.13. The stock price of Pennant Park Investment is $7.225. Therefore, Pennant Park Investment's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.
The historical rank and industry rank for Pennant Park Investment's Intrinsic Value: Projected FCF or its related term are showing as below:
PNNT'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 51.07
Current: 1.75
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Pennant Park Investment was 51.07. The lowest was 0.47. And the median was 0.74.
PNNT's Price-to-Projected-FCF is ranked worse than 82.22% of 928
companies
in the Asset Management industry
Industry Median: 0.92
vs PNNT: 1.75
Pennant Park Investment Intrinsic Value: Projected FCF Historical Data
The historical data trend for Pennant Park Investment's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Pennant Park Investment's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pennant Park Investment Price-to-Projected-FCF Distribution
For the Asset Management industry and Financial Services sector, Pennant Park Investment's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Pennant Park Investment's Price-to-Projected-FCF falls into.
Pennant Park Investment Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pennant Park Investment (NYSE:PNNT) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Pennant Park Investment's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
7.225
/
4.1288880815334
=
1.75
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pennant Park Investment Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of Pennant Park Investment's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Pennant Park Investment (Pennant Park Investment) Business Description
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PNNT has been successfully added to your 