Both Gladstone Investment Corporation (NASDAQ:GAINM) and Tortoise Power and Energy Infrastructure Fund Inc. (NYSE:TPZ) compete on a level playing field in the Asset Management industry. We will evaluate their performance with regards to analyst recommendations, profitability, institutional ownership, risk, dividends, earnings and valuation.
Valuation and Earnings
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Gladstone Investment Corporation||58.98M||6.58||101.03M||3.09||8.16|
|Tortoise Power and Energy Infrastructure Fund Inc.||N/A||0.00||N/A||0.00||0.00|
Table 1 showcases the gross revenue, earnings per share and valuation of Gladstone Investment Corporation and Tortoise Power and Energy Infrastructure Fund Inc.
Table 2 shows Gladstone Investment Corporation and Tortoise Power and Energy Infrastructure Fund Inc.’s net margins, return on assets and return on equity.
|Net Margins||Return on Equity||Return on Assets|
|Gladstone Investment Corporation||171.30%||0%||0%|
|Tortoise Power and Energy Infrastructure Fund Inc.||0.00%||0%||0%|
Gladstone Investment Corporation pays out $0.8 per share annually while its annual dividend yield is 3.15%. Tortoise Power and Energy Infrastructure Fund Inc. does not offer a dividend.
Institutional & Insider Ownership
Institutional investors held 4.7% of Gladstone Investment Corporation shares and 24.86% of Tortoise Power and Energy Infrastructure Fund Inc. shares. On the other hand, insiders held about 0.2% of Tortoise Power and Energy Infrastructure Fund Inc.’s shares.
In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.
|Performance (W)||Performance (M)||Performance (Q)||Performance (HY)||Performance (Y)||Performance (YTD)|
|Gladstone Investment Corporation||0.12%||0.24%||0.2%||-0.32%||-0.87%||0.72%|
|Tortoise Power and Energy Infrastructure Fund Inc.||-0.56%||-0.82%||6.36%||-7.53%||-3.53%||13.24%|
For the past year Gladstone Investment Corporation’s stock price has smaller growth than Tortoise Power and Energy Infrastructure Fund Inc.
Gladstone Investment Corporation beats on 7 of the 8 factors Tortoise Power and Energy Infrastructure Fund Inc.
Gladstone Investment Corporation is a private equity fund specializing in lower middle market, acquisitions, mature stage, buyouts; recapitalizations; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seek to invest in manufacturing, consumer products and business services/ distribution sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with sales between $20 million and $100 million. The fund invest in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds its investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.