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Upturn AI SWOT - About
Runway Growth Finance Corp (RWAY)
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Upturn Advisory Summary
03/27/2025: RWAY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -24.69% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 400.90M USD | Price to earnings Ratio 5.69 | 1Y Target Price 11.72 |
Price to earnings Ratio 5.69 | 1Y Target Price 11.72 | ||
Volume (30-day avg) 310663 | Beta 0.5 | 52 Weeks Range 9.17 - 11.55 | Updated Date 04/1/2025 |
52 Weeks Range 9.17 - 11.55 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 15.63% | Basic EPS (TTM) 1.82 |
Earnings Date
Report Date 2025-03-21 | When - | Estimate 0.418 | Actual 0.39 |
Profitability
Profit Margin 50.89% | Operating Margin (TTM) 76.2% |
Management Effectiveness
Return on Assets (TTM) 6.22% | Return on Equity (TTM) 13.86% |
Valuation
Trailing PE 5.69 | Forward PE 6.81 | Enterprise Value 933126848 | Price to Sales(TTM) 2.77 |
Enterprise Value 933126848 | Price to Sales(TTM) 2.77 | ||
Enterprise Value to Revenue 10.94 | Enterprise Value to EBITDA - | Shares Outstanding 37347400 | Shares Floating - |
Shares Outstanding 37347400 | Shares Floating - | ||
Percent Insiders 1.14 | Percent Institutions 54.85 |
Analyst Ratings
Rating 3.67 | Target Price 11.56 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 6 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Runway Growth Finance Corp
Company Overview
History and Background
Runway Growth Finance Corp. (RWAY) was founded in 2015. It is a specialty finance company focused on providing senior secured loans to high-growth companies in technology, life sciences, healthcare information and services, business services, and selected other industries. Runway Growth went public in 2017.
Core Business Areas
- Venture Debt Financing: Provides senior secured term loans to venture-backed companies.
Leadership and Structure
RWAY is led by David B. Spreng, the founder and CEO. The organizational structure includes investment teams focused on origination, underwriting, and portfolio management.
Top Products and Market Share
Key Offerings
- Senior Secured Term Loans: Provides customized debt financing solutions to venture-backed companies. Market share data not publicly available. Competitors include Hercules Capital, SLR Investment Corp., and TriplePoint Venture Growth BDC Corp.
Market Dynamics
Industry Overview
The venture debt market provides financing solutions to venture-backed companies that may not qualify for traditional bank loans. It's a growing market driven by the increasing capital needs of innovative companies.
Positioning
RWAY positions itself as a leading provider of venture debt, focusing on companies with strong venture capital backing and growth potential. They differentiate through their industry expertise and customized financing solutions.
Total Addressable Market (TAM)
Estimated to be billions of dollars annually, with continuous increase because of the growth of the tech industry and the need for venture funding. RWAY is well-positioned to capture a significant portion of this market by offering custom financing solutions.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on high-growth sectors
- Customized financing solutions
- Strong venture capital relationships
Weaknesses
- Concentrated portfolio in specific sectors
- Reliance on venture capital funding for portfolio companies
- Higher risk profile compared to traditional lenders
Opportunities
- Expansion into new high-growth sectors
- Increased demand for venture debt
- Strategic partnerships with venture capital firms
Threats
- Economic downturn affecting portfolio companies
- Increased competition in the venture debt market
- Changes in interest rates
Competitors and Market Share
Key Competitors
- HTGC
- MAIN
- SLRC
- TPVG
Competitive Landscape
RWAY competes with other BDCs and specialty finance companies. RWAY differentiates itself through its industry expertise and customized financing solutions but faces competition from larger and more established players.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: RWAY has experienced growth in its loan portfolio and investment income over the past few years.
Future Projections: Future growth is projected to continue, driven by the increasing demand for venture debt. Analyst estimates vary, reflecting the inherent uncertainty in the venture capital market.
Recent Initiatives: RWAY is focused on expanding its loan origination capabilities and diversifying its portfolio.
Summary
Runway Growth Finance Corp. is a specialty finance company focused on providing venture debt. It has a strong management team and focuses on high-growth sectors. Runway Growth's key strength lies in providing customized financing solutions. Potential risk includes dependency on venture capital funding for portfolio companies. The company has the ability to pursue future growth due to increasing demand in the market, although competition in the venture debt market is high.
Similar Companies
HTGC
Hercules Capital Inc
HTGC
Hercules Capital Inc
MAIN
Main Street Capital Corporation
MAIN
Main Street Capital Corporation
SLRC
SLR Investment Corp
SLRC
SLR Investment Corp
TPVG
Triplepoint Venture Growth BDC Corp
TPVG
Triplepoint Venture Growth BDC Corp
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Runway Growth Finance Corp
Exchange NASDAQ | Headquaters Menlo Park, CA, United States | ||
IPO Launch date 2021-10-21 | Founder, President, CEO & Director Mr. David R. Spreng | ||
Sector Financial Services | Industry Credit Services | Full time employees - | |
Full time employees - | |||
Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.
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