FS KKR CAPITAL CORP (FSK) Stock Fundamental Analysis
USA - NYSE:FSK - US3026352068 - Common Stock
15.12 USD
+0.36 (+2.44%)
15.1503 USD
+0.03 (+0.2%)
Taking everything into account, FSK scores 4 out of 10 in our fundamental rating. FSK was compared to 237 industry peers in the Capital Markets industry. FSK has only an average score on both its financial health and profitability. FSK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FSK had positive earnings in the past year.
In the past year FSK had a positive cash flow from operations.
Of the past 5 years FSK 4 years were profitable.
Of the past 5 years FSK 4 years had a positive operating cash flow.
1.2 Ratios
FSK has a Return On Assets (1.49%) which is in line with its industry peers.
FSK's Return On Equity of 3.55% is on the low side compared to the rest of the industry. FSK is outperformed by 67.51% of its industry peers.
FSK has a Return On Invested Capital (4.28%) which is in line with its industry peers.
FSK had an Average Return On Invested Capital over the past 3 years of 4.66%. This is below the industry average of 7.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.55% | ||
| ROIC | 4.28% |
ROA(3y)3.06%
ROA(5y)2.48%
ROE(3y)6.77%
ROE(5y)5.37%
ROIC(3y)4.66%
ROIC(5y)4.11%
1.3 Margins
The Profit Margin of FSK (13.24%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FSK has remained more or less at the same level.
Looking at the Operating Margin, with a value of 46.72%, FSK belongs to the top of the industry, outperforming 81.01% of the companies in the same industry.
In the last couple of years the Operating Margin of FSK has declined.
FSK has a Gross Margin of 49.09%. This is comparable to the rest of the industry: FSK outperforms 57.81% of its industry peers.
FSK's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.72% | ||
| PM (TTM) | 13.24% | ||
| GM | 49.09% |
OM growth 3Y-4.13%
OM growth 5Y-1.92%
PM growth 3Y-37.64%
PM growth 5Y1.48%
GM growth 3Y-2.96%
GM growth 5Y-1.99%
2. Health
2.1 Basic Checks
Compared to 1 year ago, FSK has about the same amount of shares outstanding.
The number of shares outstanding for FSK has been increased compared to 5 years ago.
Compared to 1 year ago, FSK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.32, we must say that FSK is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FSK (0.32) is worse than 70.89% of its industry peers.
FSK has a debt to FCF ratio of 10.74. This is a negative value and a sign of low solvency as FSK would need 10.74 years to pay back of all of its debts.
FSK's Debt to FCF ratio of 10.74 is in line compared to the rest of the industry. FSK outperforms 55.70% of its industry peers.
A Debt/Equity ratio of 1.31 is on the high side and indicates that FSK has dependencies on debt financing.
FSK's Debt to Equity ratio of 1.31 is on the low side compared to the rest of the industry. FSK is outperformed by 64.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 10.74 | ||
| Altman-Z | 0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.17 indicates that FSK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.17, FSK is in the better half of the industry, outperforming 74.68% of the companies in the same industry.
FSK has a Quick Ratio of 2.17. This indicates that FSK is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of FSK (2.17) is better than 74.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 2.17 |
3. Growth
3.1 Past
FSK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.54%.
The Earnings Per Share has been decreasing by -2.09% on average over the past years.
The Revenue has decreased by -7.79% in the past year.
The Revenue has been growing by 17.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.54%
EPS 3Y1.43%
EPS 5Y-2.09%
EPS Q2Q%-20%
Revenue 1Y (TTM)-7.79%
Revenue growth 3Y16.77%
Revenue growth 5Y17.18%
Sales Q2Q%-8.88%
3.2 Future
Based on estimates for the next years, FSK will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.86% on average per year.
The Revenue is expected to decrease by -7.73% on average over the next years.
EPS Next Y-16.63%
EPS Next 2Y-12.53%
EPS Next 3Y-10.86%
EPS Next 5YN/A
Revenue Next Year-10.7%
Revenue Next 2Y-8.45%
Revenue Next 3Y-7.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.71, the valuation of FSK can be described as very cheap.
Based on the Price/Earnings ratio, FSK is valued cheaper than 90.72% of the companies in the same industry.
FSK is valuated cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.86, the valuation of FSK can be described as very cheap.
Based on the Price/Forward Earnings ratio, FSK is valued cheaper than 91.14% of the companies in the same industry.
FSK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 6.86 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FSK is valued cheaper than 80.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.65 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FSK's earnings are expected to decrease with -10.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.53%
EPS Next 3Y-10.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.81%, FSK is a good candidate for dividend investing.
The stock price of FSK dropped by -32.41% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 8.33, FSK pays a better dividend. On top of this FSK pays more dividend than 92.83% of the companies listed in the same industry.
FSK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.81% |
5.2 History
On average, the dividend of FSK grows each year by 6.47%, which is quite nice.
FSK has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)6.47%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FSK pays out 359.63% of its income as dividend. This is not a sustainable payout ratio.
FSK's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP359.63%
EPS Next 2Y-12.53%
EPS Next 3Y-10.86%
15.12
+0.36 (+2.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners30.46%
Inst Owner Change0.15%
Ins Owners0.17%
Ins Owner Change0%
Market Cap4.23B
Analysts54.44
Price Target19.1 (26.32%)
Short Float %2.37%
Short Ratio2.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.81% |
Yearly Dividend3.6
Dividend Growth(5Y)6.47%
DP359.63%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.5%
Min EPS beat(2)-5.04%
Max EPS beat(2)0.05%
EPS beat(4)2
Avg EPS beat(4)-0.74%
Min EPS beat(4)-5.04%
Max EPS beat(4)4.12%
EPS beat(8)5
Avg EPS beat(8)0.69%
EPS beat(12)8
Avg EPS beat(12)1.75%
EPS beat(16)11
Avg EPS beat(16)3.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)0.33%
Revenue beat(4)2
Avg Revenue beat(4)-0.54%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)3.02%
Revenue beat(8)5
Avg Revenue beat(8)-0.03%
Revenue beat(12)9
Avg Revenue beat(12)0.62%
Revenue beat(16)13
Avg Revenue beat(16)1.88%
PT rev (1m)0%
PT rev (3m)-7.97%
EPS NQ rev (1m)0.99%
EPS NQ rev (3m)-7.49%
EPS NY rev (1m)-1.52%
EPS NY rev (3m)-4.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 6.86 | ||
| P/S | 2.57 | ||
| P/FCF | 5.65 | ||
| P/OCF | 5.65 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.65
EY17.53%
EPS(NY)2.2
Fwd EY14.57%
FCF(TTM)2.67
FCFY17.69%
OCF(TTM)2.67
OCFY17.69%
SpS5.88
BVpS21.93
TBVpS21.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.55% | ||
| ROCE | 5.42% | ||
| ROIC | 4.28% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.35% | ||
| OM | 46.72% | ||
| PM (TTM) | 13.24% | ||
| GM | 49.09% | ||
| FCFM | 45.5% |
ROA(3y)3.06%
ROA(5y)2.48%
ROE(3y)6.77%
ROE(5y)5.37%
ROIC(3y)4.66%
ROIC(5y)4.11%
ROICexc(3y)4.74%
ROICexc(5y)4.19%
ROICexgc(3y)4.74%
ROICexgc(5y)4.19%
ROCE(3y)5.9%
ROCE(5y)5.21%
ROICexcg growth 3Y19.37%
ROICexcg growth 5Y3.07%
ROICexc growth 3Y19.39%
ROICexc growth 5Y3.07%
OM growth 3Y-4.13%
OM growth 5Y-1.92%
PM growth 3Y-37.64%
PM growth 5Y1.48%
GM growth 3Y-2.96%
GM growth 5Y-1.99%
F-Score3
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 10.74 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 343.58% | ||
| Current Ratio | 2.17 | ||
| Quick Ratio | 2.17 | ||
| Altman-Z | 0.32 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)575.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.54%
EPS 3Y1.43%
EPS 5Y-2.09%
EPS Q2Q%-20%
EPS Next Y-16.63%
EPS Next 2Y-12.53%
EPS Next 3Y-10.86%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.79%
Revenue growth 3Y16.77%
Revenue growth 5Y17.18%
Sales Q2Q%-8.88%
Revenue Next Year-10.7%
Revenue Next 2Y-8.45%
Revenue Next 3Y-7.73%
Revenue Next 5YN/A
EBIT growth 1Y-12.91%
EBIT growth 3Y11.94%
EBIT growth 5Y14.92%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-63.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-63.1%
OCF growth 3YN/A
OCF growth 5YN/A