Portman Ridge Finance Corporation (PTMN)

Portman Ridge Finance Statistics

Total Valuation

PTMN has a market cap or net worth of $171.38 million. The enterprise value is $444.21 million.

Market Cap	171.38M
Enterprise Value	444.21M

Important Dates

The next confirmed earnings date is Thursday, November 7, 2024, after market close.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	Aug 22, 2024

Share Statistics

PTMN has 9.24 million shares outstanding. The number of shares has decreased by -1.89% in one year.

Shares Outstanding	9.24M
Shares Change (YoY)	-1.89%
Shares Change (QoQ)	-0.55%
Owned by Insiders (%)	2.33%
Owned by Institutions (%)	19.05%
Float	n/a

Valuation Ratios

The trailing PE ratio is 13.88 and the forward PE ratio is 6.78.

PE Ratio	13.88
Forward PE	6.78
PS Ratio	2.52
Forward PS	2.49
PB Ratio	0.87
P/FCF Ratio	2.12
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	35.39
EV / Sales	6.42
EV / EBITDA	n/a
EV / EBIT	8.99
EV / FCF	5.49

Financial Position

The company has a current ratio of 4.59, with a Debt / Equity ratio of 1.44.

Current Ratio	4.59
Quick Ratio	1.72
Debt / Equity	1.44
Debt / EBITDA	n/a
Debt / FCF	3.49
Interest Coverage	2.09

Financial Efficiency

Return on equity (ROE) is 6.10% and return on invested capital (ROIC) is 6.03%.

Return on Equity (ROE)	6.10%
Return on Assets (ROA)	5.90%
Return on Capital (ROIC)	6.03%
Revenue Per Employee	$5.33M
Profits Per Employee	$965,615
Employee Count	13
Asset Turnover	0.13
Inventory Turnover	n/a

Taxes

Income Tax	-544,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +7.67% in the last 52 weeks. The beta is 0.98, so PTMN's price volatility has been similar to the market average.

Beta (5Y)	0.98
52-Week Price Change	+7.67%
50-Day Moving Average	18.43
200-Day Moving Average	19.00
Relative Strength Index (RSI)	56.42
Average Volume (20 Days)	30,858

Short Selling Information

The latest short interest is 32,523, so 0.35% of the outstanding shares have been sold short.

Short Interest	32,523
Short Previous Month	27,645
Short % of Shares Out	0.35%
Short % of Float	n/a
Short Ratio (days to cover)	0.86

Income Statement

In the last 12 months, PTMN had revenue of $69.23 million and earned $12.55 million in profits. Earnings per share was $1.34.

Revenue	69.23M
Gross Profit	69.23M
Operating Income	49.42M
Pretax Income	12.55M
Net Income	12.55M
EBITDA	n/a
EBIT	49.42M
Earnings Per Share (EPS)	$1.34

Balance Sheet

The company has $9.81 million in cash and $282.64 million in debt, giving a net cash position of -$272.83 million or -$29.51 per share.

Cash & Cash Equivalents	9.81M
Total Debt	282.64M
Net Cash	-272.83M
Net Cash Per Share	-$29.51
Equity (Book Value)	196.43M
Book Value Per Share	21.21
Working Capital	33.51M

Cash Flow

Operating Cash Flow	80.93M
Capital Expenditures	n/a
Free Cash Flow	80.93M
FCF Per Share	$8.75

Margins

Gross margin is 100.00%, with operating and profit margins of 71.38% and 18.13%.

Gross Margin	100.00%
Operating Margin	71.38%
Pretax Margin	17.35%
Profit Margin	18.13%
EBITDA Margin	n/a
EBIT Margin	71.38%
FCF Margin	116.91%

Dividends & Yields

This stock pays an annual dividend of $2.76, which amounts to a dividend yield of 14.89%.

Dividend Per Share	$2.76
Dividend Yield	14.89%
Dividend Growth (YoY)	1.10%
Years of Dividend Growth	3
Payout Ratio	206.56%
Buyback Yield	1.89%
Shareholder Yield	16.77%
Earnings Yield	7.32%
FCF Yield	47.22%

Analyst Forecast

The average price target for PTMN is $20.00, which is 7.88% higher than the current price. The consensus rating is "Hold".

Price Target	$20.00
Price Target Difference	7.88%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on August 26, 2021. It was a reverse split with a ratio of 0.1:1.

Last Split Date	Aug 26, 2021
Split Type	Reverse
Split Ratio	0.1:1

Scores

PTMN has an Altman Z-Score of -0.56 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.56
Piotroski F-Score	7