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BENF vs PFLT vs TPVG vs SLRC
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
Asset Management
BENF vs PFLT vs TPVG vs SLRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management | Asset Management |
| Market Cap | $1.86B | $888M | $243M | $745M |
| Revenue (TTM) | $-8M | $172M | $97M | $220M |
| Net Income (TTM) | $-50M | $118M | $-12M | $73M |
| Gross Margin | 312.1% | 45.6% | 83.5% | 73.3% |
| Operating Margin | 304.4% | 39.4% | 77.9% | 72.9% |
| Forward P/E | 54.6x | 7.9x | 6.5x | 8.5x |
| Total Debt | $118M | $1.78B | $469M | $1.15B |
| Cash & Equiv. | $1M | $123M | $20M | $16M |
BENF vs PFLT vs TPVG vs SLRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 21 | May 26 | Return |
|---|---|---|---|
| Beneficient (BENF) | 100 | 0.4 | -99.6% |
| PennantPark Floatin… (PFLT) | 100 | 70.1 | -29.9% |
| TriplePoint Venture… (TPVG) | 100 | 33.4 | -66.6% |
| SLR Investment Corp. (SLRC) | 100 | 74.1 | -25.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BENF vs PFLT vs TPVG vs SLRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BENF carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 92.0%, EPS growth 100.0%
- 92.0% NII/revenue growth vs PFLT's 2.2%
- Beta 0.69 vs TPVG's 0.83
- +10.1% vs SLRC's -1.0%
PFLT is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 3 yrs, beta 0.79, yield 13.5%
- 72.6% 10Y total return vs TPVG's 93.3%
- Beta 0.79, yield 13.5%, current ratio 2.94x
- 13.5% yield, 3-year raise streak, vs TPVG's 17.1%, (1 stock pays no dividend)
TPVG is the clearest fit if your priority is bank quality.
- NIM 7.4% vs PFLT's 5.0%
- Lower P/E (6.5x vs 7.9x)
SLRC is the #2 pick in this set and the best alternative if sleep-well-at-night and valuation efficiency is your priority.
- Lower volatility, beta 0.76, current ratio 0.31x
- PEG 0.24 vs TPVG's 6.41
- Efficiency ratio 0.0% vs PFLT's 0.1% (lower = leaner)
- Efficiency ratio 0.0% vs PFLT's 0.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 92.0% NII/revenue growth vs PFLT's 2.2% | |
| Value | Lower P/E (6.5x vs 7.9x) | |
| Quality / Margins | Efficiency ratio 0.0% vs PFLT's 0.1% (lower = leaner) | |
| Stability / Safety | Beta 0.69 vs TPVG's 0.83 | |
| Dividends | 13.5% yield, 3-year raise streak, vs TPVG's 17.1%, (1 stock pays no dividend) | |
| Momentum (1Y) | +10.1% vs SLRC's -1.0% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs PFLT's 0.1% |
BENF vs PFLT vs TPVG vs SLRC — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
BENF leads in 2 of 6 categories
TPVG leads 1 • PFLT leads 0 • SLRC leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
BENF leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLRC and BENF operate at a comparable scale, with $220M and -$8M in trailing revenue. TPVG is the more profitable business, keeping 50.6% of every revenue dollar as net income compared to BENF's -6.4%.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | -$8M | $172M | $97M | $220M |
| EBITDAEarnings before interest/tax | -$85M | $39M | -$22M | $73M |
| Net IncomeAfter-tax profit | -$50M | $118M | -$12M | $73M |
| Free Cash FlowCash after capex | -$44M | $242M | $35M | -$73M |
| Gross MarginGross profit ÷ Revenue | +3.1% | +45.6% | +83.5% | +73.3% |
| Operating MarginEBIT ÷ Revenue | +3.0% | +39.4% | +77.9% | +72.9% |
| Net MarginNet income ÷ Revenue | -6.4% | +38.7% | +50.6% | +42.0% |
| FCF MarginFCF ÷ Revenue | +4.9% | +55.4% | -58.7% | -32.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +103.0% | +40.9% | -2.3% | -100.0% |
Valuation Metrics
TPVG leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 4.9x trailing earnings, TPVG trades at a 91% valuation discount to BENF's 54.6x P/E. Adjusting for growth (PEG ratio), SLRC offers better value at 0.23x vs TPVG's 4.84x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.9B | $888M | $243M | $745M |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $2.5B | $691M | $1.9B |
| Trailing P/EPrice ÷ TTM EPS | 54.57x | 12.43x | 4.91x | 8.04x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 7.93x | 6.50x | 8.48x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.40x | 4.84x | 0.23x |
| EV / EBITDAEnterprise value multiple | — | 37.66x | 9.13x | 11.47x |
| Price / SalesMarket cap ÷ Revenue | — | 5.18x | 2.50x | 3.39x |
| Price / BookPrice ÷ Book value/share | 33.48x | 0.77x | 0.68x | 0.75x |
| Price / FCFMarket cap ÷ FCF | — | 9.34x | — | — |
Profitability & Efficiency
BENF leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
BENF delivers a 89.3% return on equity — every $100 of shareholder capital generates $89 in annual profit, vs $-3 for TPVG. SLRC carries lower financial leverage with a 1.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to BENF's 2.12x. On the Piotroski fundamental quality scale (0–9), BENF scores 6/9 vs SLRC's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +89.3% | +11.2% | -3.4% | +7.3% |
| ROA (TTM)Return on assets | -14.7% | +4.3% | -1.5% | +2.9% |
| ROICReturn on invested capital | -10.0% | +2.1% | +7.2% | +5.8% |
| ROCEReturn on capital employed | -13.1% | +2.7% | +9.4% | +7.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 4 | 5 | 3 |
| Debt / EquityFinancial leverage | 2.12x | 1.65x | 1.33x | 1.15x |
| Net DebtTotal debt minus cash | $117M | $1.7B | $449M | $1.1B |
| Cash & Equiv.Liquid assets | $1M | $123M | $20M | $16M |
| Total DebtShort + long-term debt | $118M | $1.8B | $469M | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | -4.75x | 0.35x | -1.02x | 1.06x |
Total Returns (Dividends Reinvested)
Evenly matched — PFLT and SLRC each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PFLT five years ago would be worth $11,718 today (with dividends reinvested), compared to $45 for BENF. Over the past 12 months, BENF leads with a +1010.4% total return vs SLRC's -1.0%. The 3-year compound annual growth rate (CAGR) favors SLRC at 9.4% vs BENF's -83.9% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -51.6% | -0.4% | -6.3% | -8.8% |
| 1-Year ReturnPast 12 months | +1010.4% | +1.5% | +19.3% | -1.0% |
| 3-Year ReturnCumulative with dividends | -99.6% | +18.2% | -3.4% | +31.0% |
| 5-Year ReturnCumulative with dividends | -99.6% | +17.2% | -13.5% | +16.2% |
| 10-Year ReturnCumulative with dividends | -99.6% | +72.6% | +93.3% | +64.4% |
| CAGR (3Y)Annualised 3-year return | -83.9% | +5.7% | -1.2% | +9.4% |
Risk & Volatility
Evenly matched — BENF and PFLT each lead in 1 of 2 comparable metrics.
Risk & Volatility
BENF is the less volatile stock with a 0.69 beta — it tends to amplify market swings less than TPVG's 0.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PFLT currently trades 82.3% from its 52-week high vs BENF's 35.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.69x | 0.79x | 0.83x | 0.76x |
| 52-Week HighHighest price in past year | $9.96 | $10.88 | $7.53 | $17.20 |
| 52-Week LowLowest price in past year | $0.26 | $7.68 | $4.48 | $13.41 |
| % of 52W HighCurrent price vs 52-week peak | +35.3% | +82.3% | +79.5% | +79.4% |
| RSI (14)Momentum oscillator 0–100 | 49.4 | 68.2 | 58.3 | 33.0 |
| Avg Volume (50D)Average daily shares traded | 295K | 987K | 504K | 404K |
Analyst Outlook
Evenly matched — PFLT and TPVG each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PFLT as "Buy", TPVG as "Hold", SLRC as "Buy". Consensus price targets imply 49.4% upside for TPVG (target: $9) vs 17.3% for PFLT (target: $11). For income investors, TPVG offers the higher dividend yield at 17.11% vs SLRC's 12.01%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | — | $10.50 | $8.95 | $16.25 |
| # AnalystsCovering analysts | — | 11 | 12 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | +13.5% | +17.1% | +12.0% |
| Dividend StreakConsecutive years of raises | — | 3 | 0 | 0 |
| Dividend / ShareAnnual DPS | — | $1.21 | $1.02 | $1.64 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% |
BENF leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TPVG leads in 1 (Valuation Metrics). 3 tied.
BENF vs PFLT vs TPVG vs SLRC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is BENF or PFLT or TPVG or SLRC a better buy right now?
For growth investors, Beneficient (BENF) is the stronger pick with 92.
0% revenue growth year-over-year, versus 2. 2% for PennantPark Floating Rate Capital Ltd. (PFLT). TriplePoint Venture Growth BDC Corp. (TPVG) offers the better valuation at 4. 9x trailing P/E (6. 5x forward), making it the more compelling value choice. Analysts rate PennantPark Floating Rate Capital Ltd. (PFLT) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BENF or PFLT or TPVG or SLRC?
On trailing P/E, TriplePoint Venture Growth BDC Corp.
(TPVG) is the cheapest at 4. 9x versus Beneficient at 54. 6x. On forward P/E, TriplePoint Venture Growth BDC Corp. is actually cheaper at 6. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: SLR Investment Corp. wins at 0. 24x versus TriplePoint Venture Growth BDC Corp. 's 6. 41x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — BENF or PFLT or TPVG or SLRC?
Over the past 5 years, PennantPark Floating Rate Capital Ltd.
(PFLT) delivered a total return of +17. 2%, compared to -99. 6% for Beneficient (BENF). Over 10 years, the gap is even starker: TPVG returned +93. 3% versus BENF's -99. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BENF or PFLT or TPVG or SLRC?
By beta (market sensitivity over 5 years), Beneficient (BENF) is the lower-risk stock at 0.
69β versus TriplePoint Venture Growth BDC Corp. 's 0. 83β — meaning TPVG is approximately 20% more volatile than BENF relative to the S&P 500. On balance sheet safety, SLR Investment Corp. (SLRC) carries a lower debt/equity ratio of 115% versus 2% for Beneficient — giving it more financial flexibility in a downturn.
05Which is growing faster — BENF or PFLT or TPVG or SLRC?
By revenue growth (latest reported year), Beneficient (BENF) is pulling ahead at 92.
0% versus 2. 2% for PennantPark Floating Rate Capital Ltd. (PFLT). On earnings-per-share growth, the picture is similar: Beneficient grew EPS 100. 0% year-over-year, compared to -48. 6% for PennantPark Floating Rate Capital Ltd.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BENF or PFLT or TPVG or SLRC?
TriplePoint Venture Growth BDC Corp.
(TPVG) is the more profitable company, earning 50. 6% net margin versus -644. 0% for Beneficient — meaning it keeps 50. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BENF leads at 304. 4% versus 39. 4% for PFLT. At the gross margin level — before operating expenses — BENF leads at 312. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BENF or PFLT or TPVG or SLRC more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, SLR Investment Corp. (SLRC) is the more undervalued stock at a PEG of 0. 24x versus TriplePoint Venture Growth BDC Corp. 's 6. 41x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, TriplePoint Venture Growth BDC Corp. (TPVG) trades at 6. 5x forward P/E versus 8. 5x for SLR Investment Corp. — 2. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TPVG: 49. 4% to $8. 95.
08Which pays a better dividend — BENF or PFLT or TPVG or SLRC?
In this comparison, TPVG (17.
1% yield), PFLT (13. 5% yield), SLRC (12. 0% yield) pay a dividend. BENF does not pay a meaningful dividend and should not be held primarily for income.
09Is BENF or PFLT or TPVG or SLRC better for a retirement portfolio?
For long-horizon retirement investors, SLR Investment Corp.
(SLRC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 76), 12. 0% yield). Both have compounded well over 10 years (SLRC: +64. 4%, BENF: -99. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BENF and PFLT and TPVG and SLRC?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BENF is a small-cap high-growth stock; PFLT is a small-cap deep-value stock; TPVG is a small-cap high-growth stock; SLRC is a small-cap high-growth stock. PFLT, TPVG, SLRC pay a dividend while BENF does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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