AINV:NSD-Apollo Investment Corporation (USD)

COMMON STOCK | Asset Management | NSD

Last Closing Price

USD 9.59

Change

+0.28 (+3.01)%

Market Cap

USD 0.61B

Volume

0.30M

Average Target Price

USD 8.33 (-13.10%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Apollo Investment Corporation is business development company specializing in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations and credit-linked notes. The fund typically invests in building materials, business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation. It primarily invests between $20 million and $250 million in its portfolio companies. The fund seeks to make investments with stated maturities of five to 10 years.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-15 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
TROW T. Rowe Price Group, Inc

+1.42 (+1.09%)

USD29.73B 15.98 10.07
NTRS Northern Trust Corporation

-1.10 (-1.35%)

USD16.99B 12.17 N/A
CG The Carlyle Group Inc

+0.62 (+2.18%)

USD9.94B 8.09 8.60
SEIC SEI Investments Company

+1.40 (+2.48%)

USD8.17B 16.69 10.25
ARCC Ares Capital Corporation

+0.24 (+1.69%)

USD5.99B 6.90 10.19
HLNE Hamilton Lane Incorporated

+1.29 (+1.91%)

USD3.54B 31.48 24.46
GBDC Golub Capital BDC, Inc

+0.37 (+3.17%)

USD1.95B 88.21 18.93
PSEC Prospect Capital Corporation

N/A

USD1.83B 10.76 9.42
CSQ Calamos Strategic Total Return..

+0.12 (+0.93%)

USD1.40B 5.42 N/A
VCTR Victory Capital Holdings, Inc

+0.68 (+3.72%)

USD1.24B 9.77 8.53

ETFs Containing AINV

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -45.07% 20% F 11% F
Dividend Return 5.15% 80% B- 97% A+
Total Return -39.92% 15% F 14% F
Trailing 12 Months  
Capital Gain -41.42% 27% F 17% F
Dividend Return 11.00% 85% B 98% A+
Total Return -30.42% 29% F 25% F
Trailing 5 Years  
Capital Gain -55.23% 31% F 23% F
Dividend Return 44.82% 68% D+ 97% A+
Total Return -10.41% 31% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain -4.01% 23% F 27% F
Dividend Return 11.04% 84% B 98% A+
Total Return 7.03% 44% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 17.86% 48% F 75% C
Risk Adjusted Return 39.35% 40% F 56% F
Market Capitalization 0.61B 80% B- 64% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 9.58 56% F 70% C-
Price/Book Ratio 0.59 78% C+ 92% A-
Price / Cash Flow Ratio -1.26 67% D+ 63% D
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -9.93% 35% F 41% F
Return on Invested Capital 5.36% 27% F 61% D-
Return on Assets 5.09% 71% C- 83% B
Debt to Equity Ratio 175.20% 13% F 13% F
Technical Ratios  
Short Ratio 4.67 10% F 26% F
Short Percent 5.41% 10% F 40% F
Beta 1.84 11% F 18% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.