Financials Runway Growth Finance Corp.

Equities

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
12.79 ^USD	+0.08%		+1.75%	+1.35%

Mar. 18	UBS Adjusts Runway Growth Finance Price Target to $13.50 From $15, Maintains Buy Rating	MT
Mar. 11	Compass Point Trims Runway Growth Finance's Price Target to $12.75 From $13.50, Keeps Buy Rating	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Capitalization ¹	530.5	469.7	511.2	518.1	518.1	-
Enterprise Value (EV) ¹	530.5	465	511.2	518.1	777.1	831.5
P/E ratio	7.54 x	10.1 x	16 x	11.7 x	7.04 x	7.09 x
Yield	-	-	-	13.5%	13.4%	13%
Capitalization / Revenue	-	6.58 x	4.71 x	3.16 x	3.26 x	3.2 x
EV / Revenue	-	6.52 x	4.71 x	3.16 x	4.89 x	5.13 x
EV / EBITDA	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	-	0.79 x	0.89 x	0.95 x	0.95 x	0.94 x
Nbr of stocks (in thousands)	41,381	40,524	40,509	40,509	40,509	-
Reference price ²	12.82	11.59	12.62	12.79	12.79	12.79
Announcement Date	3/12/21	3/3/22	3/2/23	3/7/24	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	-	71.36	108.6	164.2	158.8	162.1
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	32.25	-	72.3	69.2
Net income ¹	46.98	45.62	32.25	44.34	73.63	73.54
Net margin	-	63.93%	29.71%	27%	46.37%	45.38%
EPS ²	1.700	1.150	0.7900	1.090	1.815	1.803
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	-	-	1.731	1.712	1.664
Announcement Date	3/12/21	3/3/22	3/2/23	3/7/24	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	291	259	313
Net Cash position ¹	-	4.7	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	8.51%	5.46%	13.9%	13.5%	13.1%
ROA (Net income/ Total Assets)	-	6.62%	3.43%	7.05%	6.72%	6.36%
Assets ¹	-	689.1	940.1	629	1,096	1,156
Book Value Per Share ²	-	14.70	14.20	13.50	13.50	13.60
Cash Flow per Share	-	-	-	-	-	-
Capex	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-
Announcement Date	3/12/21	3/3/22	3/2/23	3/7/24	-	-

¹USD in Million²USD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

12.79 USD

Average target price

13.09 USD

Spread / Average Target

+2.37%

	1st Jan change	Capi.
RUNWAY GROWTH FINANCE CORP.	+1.35%	518M
MAIN STREET CAPITAL CORPORATION	+14.99%	4.18B
BLUE OWL CAPITAL CORPORATION III	0.00%	1.87B
JAPAN SECURITIES FINANCE CO., LTD.	+4.00%	845M
EVN FINANCE	-17.81%	366M
MENIF - FINANCIAL SERVICES LTD	+29.75%	189M
ASAX CO., LTD.	+6.94%	155M
QUARA FINANCE COMPANY	0.00%	139M
EVERGREEN MAX CASH CAPITAL	+14.63%	111M
PENINSULA GROUP LTD	+8.71%	92.36M