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HAM:22P'
s EV-to-OCF Range Over the Past 10 Years
Min: -206.57 Med: -4.57 Max: 27.97
Current: -37.74
During the past 13 years, the highest EV-to-OCF of PennantPark Floating Rate Capital was 27.97. The lowest was -206.57. And the median was -4.57.
HAM:22P's EV-to-OCF is ranked better than 86.3% of 1504
companies
in the Asset Management industry
Industry Median: 5.86
vs HAM:22P: -37.74
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
PennantPark Floating Rate Capital (HAM:22P) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
PennantPark Floating Rate Capital's PE Ratio (TTM) for today is calculated as:
PennantPark Floating Rate Capital's share price for today is €6.28.
PennantPark Floating Rate Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.439.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
PennantPark Floating Rate Capital EV-to-OCF Related Terms
PennantPark Floating Rate Capital EV-to-OCF Historical Data
* 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, PennantPark Floating Rate Capital's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
PennantPark Floating Rate Capital EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PennantPark Floating Rate Capital's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where PennantPark Floating Rate Capital's EV-to-OCF falls into.
PennantPark Floating Rate Capital's current Enterprise Value is €1,892.62 Mil.
PennantPark Floating Rate Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-47.49 Mil.
* 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.
PennantPark Floating Rate Capital (HAM:22P) has a EV-to-OCF of -39.85 as of Aug. 20, 2026. According to the industry distribution chart, PennantPark Floating Rate Capital ranks #206 out of 1504 companies in the Asset Management industry, placing it in the top 13.7%.
Is PennantPark Floating Rate Capital's EV-to-OCF too high?
PennantPark Floating Rate Capital's current EV-to-OCF is -39.85. Based on the distribution chart, PennantPark Floating Rate Capital ranks #206 out of 1504 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PennantPark Floating Rate Capital has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PennantPark Floating Rate Capital's EV-to-OCF compare to OIO and DLY?
According to the Asset Management industry distribution chart, PennantPark Floating Rate Capital ranks #206 out of 1504 companies for EV-to-OCF. This places PennantPark Floating Rate Capital in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.86, based on 1,504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PennantPark Floating Rate Capital's current EV-to-OCF is -39.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PennantPark Floating Rate Capital stock overvalued right now?
Based on GuruFocus' analysis, PennantPark Floating Rate Capital (HAM:22P) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.13, compared to a current price of €6.28 — trading 22.4% above its estimated fair value. The current EV-to-OCF is -39.85. PennantPark Floating Rate Capital's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For PennantPark Floating Rate Capital (HAM:22P), the current EV-to-OCF is -39.85 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PennantPark Floating Rate Capital (HAM:22P) Overvalued in 2026?
Based on GuruFocus' analysis, PennantPark Floating Rate Capital stock appears to be overvalued.
The current stock price of €6.28 is trading 22.4% above its estimated GF Value™ of €5.13.
GuruFocus considers PennantPark Floating Rate Capital to be Modestly Overvalued.
Key valuation signals for HAM:22P:
EV-to-OCF: -39.85
GF Value™: €5.13 vs. price of €6.28 (22.4% above fair value)
No single metric tells the full story. See the HAM:22P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate both current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generates revenue in the form of interest income on the debt securities and dividends.
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