XNYS
PSBD
Market cap432mUSD
Sep 19, Last price
13.47USD
1D
-0.81%
1Q
-7.10%
IPO
-17.72%
Name
Palmer Square Capital BDC Inc
Chart & Performance
P/E
9.08
P/S
3.92
EPS
1.48
Div Yield, %
10.62%
Shrs. gr., 5y
0.03%
Rev. gr., 5y
%
Revenues
110m
+1.04%
Net income
48m
-55.80%
CFO
-201m
L
Dividend
Sep 27, 20240.47 USD/sh
Profile
Palmer Square Capital BDC, Inc. engages in the provision of investment funds. It lends and invests in corporate debt securities of companies. The company was founded in 2019 and is headquartered in Mission Woods, KS.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | ||||||
Revenues | 110,321 1.04% | 109,181 -249.88% | (72,844) -448.12% | |||
Cost of revenue | 62,705 | 9,753 | 11,829 | |||
Unusual Expense (Income) | ||||||
NOPBT | 47,616 | 99,428 | (84,673) | |||
NOPBT Margin | 43.16% | 91.07% | 116.24% | |||
Operating Taxes | (51,030) | |||||
Tax Rate | ||||||
NOPAT | 47,616 | 99,428 | (33,643) | |||
Net income | 47,666 -55.80% | 107,836 -244.78% | (74,482) -490.78% | |||
Dividends | (46,591) | (33,919) | (18,829) | |||
Dividend yield | 9.40% | |||||
Proceeds from repurchase of equity | 90,464 | 17,654 | 5,024 | |||
BB yield | -18.26% | |||||
| Debt | ||||||
Debt current | 641,309 | |||||
Long-term debt | 804,156 | 641,309 | ||||
Deferred revenue | 659,859 | 694,010 | ||||
Other long-term liabilities | 5,932 | (659,859) | (641,309) | |||
Net debt | 801,390 | (1,174,691) | 263,756 | |||
| Cash flow | ||||||
Cash from operating activities | (200,599) | 57,117 | 25,113 | |||
CAPEX | (2) | |||||
Cash from investing activities | (305,047) | (26,650) | 35,405 | |||
Cash from financing activities | 201,248 | (30,000) | (24,555) | |||
FCF | 9,540 | 746,000 | (101,757) | |||
| Balance | ||||||
Cash | 2,766 | 65,880 | 1,651 | |||
Long term investments | 1,108,811 | 1,017,212 | ||||
Excess cash | 1,169,232 | 1,022,505 | ||||
Stockholders' equity | (73,277) | (58,708) | 842,277 | |||
Invested Capital | 1,504,320 | 1,163,560 | 859,494 | |||
ROIC | 3.57% | 9.83% | ||||
ROCE | 3.33% | 9.00% | ||||
| EV | ||||||
Common stock shares outstanding | 32,600 | 32,553 | 23,131 | |||
Price | 15.20 | |||||
Market cap | 495,520 | |||||
EV | 1,296,910 | |||||
EBITDA | 1,615,065 | 99,428 | (84,673) | |||
EV/EBITDA | 0.80 | |||||
Interest | 58,006 | 44,483 | 23,452 | |||
Interest/NOPBT | 121.82% | 44.74% | ||||