FS KKR CAPITAL CORP (FSK)
US3026352068 - Common Stock
Taking everything into account, FSK scores 5 out of 10 in our fundamental rating. FSK was compared to 218 industry peers in the Capital Markets industry. FSK has only an average score on both its financial health and profitability. FSK is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FSK was profitable.
FSK had a positive operating cash flow in the past year.
Of the past 5 years FSK 4 years were profitable.
In multiple years FSK reported negative operating cash flow during the last 5 years.
1.2 Ratios
FSK has a Return On Assets of 3.49%. This is comparable to the rest of the industry: FSK outperforms 55.81% of its industry peers.
FSK has a Return On Equity (7.91%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 5.27%, FSK is doing good in the industry, outperforming 67.44% of the companies in the same industry.
FSK had an Average Return On Invested Capital over the past 3 years of 4.57%. This is below the industry average of 6.96%.
The last Return On Invested Capital (5.27%) for FSK is above the 3 year average (4.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 7.91% | ||
| ROIC | 5.27% |
ROA(3y)4.62%
ROA(5y)2.25%
ROE(3y)10.36%
ROE(5y)4.87%
ROIC(3y)4.57%
ROIC(5y)4.54%
1.3 Margins
Looking at the Profit Margin, with a value of 29.98%, FSK is in the better half of the industry, outperforming 71.63% of the companies in the same industry.
In the last couple of years the Profit Margin of FSK has declined.
FSK has a Operating Margin of 49.06%. This is amongst the best in the industry. FSK outperforms 83.26% of its industry peers.
In the last couple of years the Operating Margin of FSK has remained more or less at the same level.
With a Gross Margin value of 51.22%, FSK perfoms like the industry average, outperforming 49.77% of the companies in the same industry.
FSK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.06% | ||
| PM (TTM) | 29.98% | ||
| GM | 51.22% |
OM growth 3Y-2.18%
OM growth 5Y-1.48%
PM growth 3YN/A
PM growth 5Y-23.42%
GM growth 3Y-2.76%
GM growth 5Y-1.41%
2. Health
2.1 Basic Checks
FSK has less shares outstanding than it did 1 year ago.
FSK has more shares outstanding than it did 5 years ago.
FSK has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that FSK is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.54, FSK is not doing good in the industry: 66.51% of the companies in the same industry are doing better.
The Debt to FCF ratio of FSK is 7.63, which is on the high side as it means it would take FSK, 7.63 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FSK (7.63) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.21 is on the high side and indicates that FSK has dependencies on debt financing.
FSK's Debt to Equity ratio of 1.21 is on the low side compared to the rest of the industry. FSK is outperformed by 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.63 | ||
| Altman-Z | 0.54 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FSK has a Current Ratio of 2.88. This indicates that FSK is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.88, FSK is doing good in the industry, outperforming 77.67% of the companies in the same industry.
A Quick Ratio of 2.88 indicates that FSK has no problem at all paying its short term obligations.
The Quick ratio of FSK (2.88) is better than 77.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.88 |
3. Growth
3.1 Past
FSK shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.31%.
The Earnings Per Share has been growing slightly by 2.42% on average over the past years.
The Revenue has decreased by -3.88% in the past year.
The Revenue has been growing by 35.95% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-6.31%
EPS 3Y5.88%
EPS 5Y2.42%
EPS Q2Q%-7.5%
Revenue 1Y (TTM)-3.88%
Revenue growth 3Y42.01%
Revenue growth 5Y35.95%
Sales Q2Q%-5.16%
3.2 Future
Based on estimates for the next years, FSK will show a decrease in Earnings Per Share. The EPS will decrease by -6.05% on average per year.
FSK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.79% yearly.
EPS Next Y-7.12%
EPS Next 2Y-8.59%
EPS Next 3Y-6.05%
EPS Next 5YN/A
Revenue Next Year-6.62%
Revenue Next 2Y-6.02%
Revenue Next 3Y-3.79%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FSK is valuated cheaply with a Price/Earnings ratio of 7.25.
Based on the Price/Earnings ratio, FSK is valued cheaper than 85.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of FSK to the average of the S&P500 Index (28.96), we can say FSK is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.29, the valuation of FSK can be described as reasonable.
Based on the Price/Forward Earnings ratio, FSK is valued cheaply inside the industry as 83.72% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of FSK to the average of the S&P500 Index (23.82), we can say FSK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FSK is valued a bit cheaper than 79.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FSK's earnings are expected to decrease with -6.05% in the coming years.
PEG (NY)N/A
PEG (5Y)3
EPS Next 2Y-8.59%
EPS Next 3Y-6.05%
5. Dividend
5.1 Amount
FSK has a Yearly Dividend Yield of 12.13%, which is a nice return.
FSK's Dividend Yield is rather good when compared to the industry average which is at 9.01. FSK pays more dividend than 80.47% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, FSK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.13% |
5.2 History
The dividend of FSK is nicely growing with an annual growth rate of 6.53%!
FSK has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of FSK decreased in the last 3 years.
Dividend Growth(5Y)6.53%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
156.63% of the earnings are spent on dividend by FSK. 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.
DP156.63%
EPS Next 2Y-8.59%
EPS Next 3Y-6.05%
FS KKR CAPITAL CORP
NYSE:FSK (11/21/2024, 8:04:00 PM)
After market: 21.69 +0.15 (+0.7%)21.54
+0.05 (+0.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 8.29 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 7.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 49.06% | ||
| PM (TTM) | 29.98% | ||
| GM | 51.22% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-6.31%
EPS 3Y5.88%
EPS 5Y
EPS Q2Q%
EPS Next Y-7.12%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.88%
Revenue growth 3Y42.01%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y