FS KKR CAPITAL CORP (FSK) Stock Fundamental Analysis
NYSE:FSK - New York Stock Exchange, Inc. - US3026352068 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to FSK. FSK was compared to 224 industry peers in the Capital Markets industry. Both the profitability and the financial health of FSK get a neutral evaluation. Nothing too spectacular is happening here. FSK has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
The reported operating cash flow has been mixed in the past 5 years: FSK reported negative operating cash flow in multiple years.
1.2 Ratios
FSK has a Return On Assets (3.49%) which is comparable to the rest of the industry.
The Return On Equity of FSK (7.91%) is comparable to the rest of the industry.
The Return On Invested Capital of FSK (5.27%) is better than 68.04% of its industry peers.
FSK had an Average Return On Invested Capital over the past 3 years of 4.57%. This is below the industry average of 6.66%.
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
FSK's Profit Margin of 29.98% is fine compared to the rest of the industry. FSK outperforms 72.15% of its industry peers.
In the last couple of years the Profit Margin of FSK has declined.
FSK's Operating Margin of 49.06% is amongst the best of the industry. FSK outperforms 83.56% of its industry peers.
FSK's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 51.22%, FSK is in line with its industry, outperforming 51.14% of the companies in the same industry.
In the last couple of years the Gross Margin of FSK has remained more or less at the same level.
| 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 0.56, we must say that FSK is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.56, FSK is doing worse than 65.75% of the companies in the same industry.
FSK has a debt to FCF ratio of 7.63. This is a slightly negative value and a sign of low solvency as FSK would need 7.63 years to pay back of all of its debts.
The Debt to FCF ratio of FSK (7.63) is comparable to the rest of the industry.
FSK has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
FSK has a worse Debt to Equity ratio (1.21) than 63.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.63 | ||
| Altman-Z | 0.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.88 indicates that FSK has no problem at all paying its short term obligations.
FSK's Current ratio of 2.88 is fine compared to the rest of the industry. FSK outperforms 77.17% of its industry peers.
FSK has a Quick Ratio of 2.88. This indicates that FSK is financially healthy and has no problem in meeting its short term obligations.
FSK has a better Quick ratio (2.88) than 77.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.88 |
3. Growth
3.1 Past
The earnings per share for FSK have decreased by -6.31% in the last year.
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.
FSK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.95% yearly.
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
FSK is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.40% yearly.
The Revenue is expected to decrease by -4.45% on average over the next years.
EPS Next Y-6.14%
EPS Next 2Y-8.43%
EPS Next 3Y-6.4%
EPS Next 5YN/A
Revenue Next Year-5.92%
Revenue Next 2Y-6.48%
Revenue Next 3Y-4.45%
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
With a Price/Earnings ratio of 7.63, the valuation of FSK can be described as very cheap.
Based on the Price/Earnings ratio, FSK is valued cheaper than 84.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.58, FSK is valued rather cheaply.
FSK is valuated reasonably with a Price/Forward Earnings ratio of 8.69.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSK indicates a rather cheap valuation: FSK is cheaper than 80.37% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FSK to the average of the S&P500 Index (24.47), we can say FSK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 8.69 |
4.2 Price Multiples
FSK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FSK is cheaper than 80.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FSK's earnings are expected to decrease with -6.40% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.16
EPS Next 2Y-8.43%
EPS Next 3Y-6.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.55%, FSK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 9.44, FSK pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, FSK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.55% |
5.2 History
The dividend of FSK is nicely growing with an annual growth rate of 6.53%!
FSK has been paying a dividend for at least 10 years, so it has 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-8.43%
EPS Next 3Y-6.4%
FS KKR CAPITAL CORP
NYSE:FSK (1/24/2025, 6:30:00 PM)
After market: 22.65 0 (0%)22.65
+0.13 (+0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners28.8%
Inst Owner Change-3.86%
Ins Owners0.25%
Ins Owner Change-11.71%
Market Cap6.34B
Analysts70
Price Target21.73 (-4.06%)
Short Float %1.62%
Short Ratio3.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.55% |
Yearly Dividend2.93
Dividend Growth(5Y)6.53%
DP156.63%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.57%
Min EPS beat(2)4.12%
Max EPS beat(2)5.03%
EPS beat(4)3
Avg EPS beat(4)2.3%
Min EPS beat(4)-1.23%
Max EPS beat(4)5.03%
EPS beat(8)7
Avg EPS beat(8)3.52%
EPS beat(12)9
Avg EPS beat(12)3.72%
EPS beat(16)13
Avg EPS beat(16)5.19%
Revenue beat(2)2
Avg Revenue beat(2)2.44%
Min Revenue beat(2)1.86%
Max Revenue beat(2)3.02%
Revenue beat(4)3
Avg Revenue beat(4)0.7%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)3.02%
Revenue beat(8)7
Avg Revenue beat(8)1.5%
Revenue beat(12)11
Avg Revenue beat(12)2.36%
Revenue beat(16)15
Avg Revenue beat(16)4.41%
PT rev (1m)0%
PT rev (3m)2.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.51%
EPS NY rev (1m)0%
EPS NY rev (3m)1.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 8.69 | ||
| P/S | 3.6 | ||
| P/FCF | 6 | ||
| P/OCF | 6 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.97
EY13.11%
EPS(NY)2.61
Fwd EY11.51%
FCF(TTM)3.77
FCFY16.66%
OCF(TTM)3.77
OCFY16.66%
SpS6.29
BVpS23.82
TBVpS23.82
PEG (NY)N/A
PEG (5Y)3.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 7.91% | ||
| ROCE | 5.86% | ||
| ROIC | 5.27% | ||
| ROICexc | 5.4% | ||
| ROICexgc | 5.4% | ||
| OM | 49.06% | ||
| PM (TTM) | 29.98% | ||
| GM | 51.22% | ||
| FCFM | 60.02% |
ROA(3y)4.62%
ROA(5y)2.25%
ROE(3y)10.36%
ROE(5y)4.87%
ROIC(3y)4.57%
ROIC(5y)4.54%
ROICexc(3y)4.64%
ROICexc(5y)4.61%
ROICexgc(3y)4.64%
ROICexgc(5y)4.62%
ROCE(3y)5.08%
ROCE(5y)5.05%
ROICexcg growth 3Y7.77%
ROICexcg growth 5Y16.82%
ROICexc growth 3Y7.74%
ROICexc growth 5Y16.8%
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%
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.63 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 200.19% | ||
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 0.56 |
F-Score4
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.31%
EPS 3Y5.88%
EPS 5Y2.42%
EPS Q2Q%-7.5%
EPS Next Y-6.14%
EPS Next 2Y-8.43%
EPS Next 3Y-6.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.88%
Revenue growth 3Y42.01%
Revenue growth 5Y35.95%
Sales Q2Q%-5.16%
Revenue Next Year-5.92%
Revenue Next 2Y-6.48%
Revenue Next 3Y-4.45%
Revenue Next 5YN/A
EBIT growth 1Y-7.69%
EBIT growth 3Y38.91%
EBIT growth 5Y33.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1255.13%
FCF growth 3Y27.04%
FCF growth 5Y37.66%
OCF growth 1Y1255.13%
OCF growth 3Y27.04%
OCF growth 5Y37.66%