Risk factor
Considerable default risk
Profitability factor
Solid dividends
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Howard Marks | Oaktree Capital Management | 0.6% | -0.27% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | -0.00% |
About
Runway Growth Finance Corp. (RWAY) operates as a business development company (BDC), concentrating its efforts on providing senior-secured loan financing to late-stage and expanding enterprises. The firm primarily targets investments in companies within key sectors such as technology, life sciences, healthcare and information services, business services, and specific consumer goods and services. More precisely, its portfolio frequently encompasses businesses involved with electronic hardware and instruments, various software solutions (e.g., systems, application, internet), storage, peripherals, specialized consumer offerings, healthcare technology, data processing and outsourcing, internet retail, human resources, biotechnology, medical equipment, and educational services. These senior secured loans typically range from $10 million to $75 million.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive'
Target Price
The average target price of RWAY is 7.58 and suggests 18.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr