Bain Capital Specialty Finance vs PennantPark Floating Rate Capital
This page compares Bain Capital Specialty Finance and PennantPark Floating Rate Capital, examining their business models, financial performance, and market context in a neutral, accessible way. Educational content, not financial advice.
This page compares Bain Capital Specialty Finance and PennantPark Floating Rate Capital, examining their business models, financial performance, and market context in a neutral, accessible way. Educat...
Investment Analysis
Pros
- Strong net investment income per share of $0.50, yielding an annualized 11.3% return on book value.
- Diversified portfolio mainly composed of first lien senior secured loans, reducing credit risk exposure.
- Solid balance sheet strength and experienced management team with disciplined investment approach.
Considerations
- Stock price shows a horizontal trading trend with recent price declines and increased volume on down days, indicating potential near-term volatility.
- Enterprise value has declined over recent quarters and remains below its 10-year historical average, which may signal valuation pressure.
- Slight decrease in net investment income in recent quarters despite maintaining high dividend coverage suggests some operational headwinds.
Pros
- High net margin of 45.36%, slightly outperforming peers such as Ares Capital.
- Return on equity of 10.76%, indicating efficient use of shareholder capital.
- Attractive dividend yield around 9.6%, supporting consistent income for investors.
Considerations
- Operates in a highly competitive sector with several established peers, which may impact growth opportunities.
- Dependent on senior secured floating rate loans that could be sensitive to interest rate fluctuations.
- Valuation metrics suggest limits to price appreciation potential relative to competitors with higher upside consensus.
Which Baskets Do They Appear In?
Private Market Liquidity: Could Goldman's Move Signal?
Goldman Sachs' acquisition of Industry Ventures for nearly $1 billion signals a strategic push by major financial players into the growing venture capital secondary market. This development suggests a broader investment opportunity among asset managers and service providers poised to benefit from the increasing demand for liquidity in private markets.
Published: October 14, 2025
Explore BasketUnlocking Value: The Finance Arm Spinoff
Harley-Davidson is negotiating the sale of a stake in its financing arm, a strategic move to raise significant capital. This theme focuses on other manufacturers with large, valuable financing units that could be prime candidates for similar spin-offs or sales to unlock value.
Published: July 29, 2025
Explore BasketBanks in Private Credit
This carefully selected group of stocks captures the trillion-dollar shift as traditional banks enter the private lending arena. Our professional analysts have identified key Business Development Companies (BDCs) and specialized funds that stand to benefit from this growing financial trend.
Published: July 15, 2025
Explore BasketWhich Baskets Do They Appear In?
Private Market Liquidity: Could Goldman's Move Signal?
Goldman Sachs' acquisition of Industry Ventures for nearly $1 billion signals a strategic push by major financial players into the growing venture capital secondary market. This development suggests a broader investment opportunity among asset managers and service providers poised to benefit from the increasing demand for liquidity in private markets.
Published: October 14, 2025
Explore BasketUnlocking Value: The Finance Arm Spinoff
Harley-Davidson is negotiating the sale of a stake in its financing arm, a strategic move to raise significant capital. This theme focuses on other manufacturers with large, valuable financing units that could be prime candidates for similar spin-offs or sales to unlock value.
Published: July 29, 2025
Explore BasketBanks in Private Credit
This carefully selected group of stocks captures the trillion-dollar shift as traditional banks enter the private lending arena. Our professional analysts have identified key Business Development Companies (BDCs) and specialized funds that stand to benefit from this growing financial trend.
Published: July 15, 2025
Explore BasketBuy BCSF or PFLT in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Community Trust Bancorp vs PennantPark Floating Rate Capital
Community Trust Bancorp vs PennantPark Floating Rate Capital
Old Second vs PennantPark Floating Rate Capital
Old Second vs PennantPark Floating Rate Capital
Tompkins Financial vs PennantPark Floating Rate Capital
Tompkins Financial vs PennantPark Floating Rate Capital