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Capitala Finance

Nasdaq:CPTA.G
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CPTA.G
Nasdaq
$129M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
  • Capitala Finance is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
CPTA.G Share Price and Events
7 Day Returns
-0.9%
NasdaqCM:CPTA.G
1.9%
US Capital Markets
1.3%
US Market
1 Year Returns
3.2%
NasdaqCM:CPTA.G
-10%
US Capital Markets
6.6%
US Market
CPTA.G Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Capitala Finance (CPTA.G) -0.9% 0.4% 5.8% 3.2% - -
US Capital Markets 1.9% -3.9% 7.6% -10% 51.7% 61.1%
US Market 1.3% 0.5% 13.9% 6.6% 37.1% 44.1%
1 Year Return vs Industry and Market
  • CPTA.G outperformed the Capital Markets industry which returned -10% over the past year.
  • CPTA.G underperformed the Market in United States of America which returned 6.6% over the past year.
Price Volatility
CPTA.G
Industry
5yr Volatility vs Market

Value

 Is Capitala Finance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Capitala Finance. This is due to cash flow or dividend data being unavailable. The share price is $25.09.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Capitala Finance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Capitala Finance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CPTA.G PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.00
NasdaqGS:CPTA Share Price ** NasdaqGS (2019-04-01) in USD $8.01
United States of America Capital Markets Industry PE Ratio Median Figure of 84 Publicly-Listed Capital Markets Companies 28.31x
United States of America Market PE Ratio Median Figure of 3,066 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Capitala Finance.

NasdaqCM:CPTA.G PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CPTA Share Price ÷ EPS (both in USD)

= 8.01 ÷ -1.00

-7.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capitala Finance is loss making, we can't compare its value to the US Capital Markets industry average.
  • Capitala Finance is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Capitala Finance's expected growth come at a high price?
Raw Data
NasdaqCM:CPTA.G PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
90.9%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 1.9x
United States of America Market PEG Ratio Median Figure of 2,106 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Capitala Finance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Capitala Finance's assets?
Raw Data
NasdaqCM:CPTA.G PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $11.88
NasdaqGS:CPTA Share Price * NasdaqGS (2019-04-01) in USD $8.01
United States of America Capital Markets Industry PB Ratio Median Figure of 157 Publicly-Listed Capital Markets Companies 5.96x
United States of America Market PB Ratio Median Figure of 5,161 Publicly-Listed Companies 1.89x
NasdaqCM:CPTA.G PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CPTA Share Price ÷ Book Value per Share (both in USD)

= 8.01 ÷ 11.88

0.67x

* Primary Listing of Capitala Finance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capitala Finance is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Capitala Finance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Capitala Finance has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Capitala Finance expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
90.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Capitala Finance expected to grow at an attractive rate?
  • Capitala Finance's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Capitala Finance's earnings growth is expected to exceed the United States of America market average.
  • Capitala Finance's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CPTA.G Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CPTA.G Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 90.9%
NasdaqCM:CPTA.G Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 3.4%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.8%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CPTA.G Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CPTA.G Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 51 16 5
2019-12-31 48 16 5
NasdaqCM:CPTA.G Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 47 27 -16
2018-09-30 48 19 -7
2018-06-30 48 6 -1
2018-03-31 49 29 -12
2017-12-31 51 44 -7
2017-09-30 56 46 2
2017-06-30 61 124 5
2017-03-31 66 93 18
2016-12-31 68 69 9
2016-09-30 68 83 -8
2016-06-30 69 -37 2
2016-03-31 67 -79 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Capitala Finance's earnings are expected to grow significantly at over 20% yearly.
  • Capitala Finance's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CPTA.G Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Capitala Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CPTA.G Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.99 1.01 0.96 5.00
2019-12-31 0.97 1.01 0.94 5.00
NasdaqCM:CPTA.G Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.00
2018-09-30 -0.46
2018-06-30 -0.08
2018-03-31 -0.74
2017-12-31 -0.44
2017-09-30 0.11
2017-06-30 0.34
2017-03-31 1.15
2016-12-31 0.58
2016-09-30 -0.50
2016-06-30 0.13
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Capitala Finance is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Capitala Finance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Capitala Finance has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Capitala Finance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Capitala Finance's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Capitala Finance does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Capitala Finance's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Capitala Finance's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Capitala Finance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Capitala Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CPTA.G Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 47.29 -16.03 13.99
2018-09-30 47.58 -7.42 13.73
2018-06-30 48.37 -1.25 13.69
2018-03-31 48.85 -11.72 13.81
2017-12-31 51.09 -6.98 14.01
2017-09-30 56.00 1.70 15.77
2017-06-30 61.05 5.44 17.43
2017-03-31 65.68 18.22 18.53
2016-12-31 68.31 9.15 19.56
2016-09-30 68.35 -7.86 18.76
2016-06-30 69.29 2.11 19.49
2016-03-31 67.38 -0.21 20.05
2015-12-31 63.98 13.85 19.63
2015-09-30 60.89 11.59 19.27
2015-06-30 53.75 3.94 16.92
2015-03-31 51.20 5.21 16.32
2014-12-31 49.53 -3.44 16.19
2014-09-30 48.21 14.54 16.49
2014-06-30 45.85 22.14 14.26
2014-03-31 41.54 27.51 11.10
2013-12-31 35.43 28.86 7.57
2013-09-30 30.29 40.76 4.43
2012-12-31 24.94 49.57 4.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Capitala Finance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Capitala Finance has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Capitala Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Capitala Finance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Capitala Finance has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Capitala Finance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Capitala Finance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Capitala Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Capitala Finance's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Capitala Finance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Capitala Finance Company Filings, last reported 3 months ago.

NasdaqCM:CPTA.G Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 190.64 296.87 39.30
2018-09-30 203.60 286.47 50.46
2018-06-30 219.32 296.05 40.83
2018-03-31 218.20 302.58 25.72
2017-12-31 221.89 299.12 31.22
2017-09-30 226.31 289.96 52.31
2017-06-30 238.00 319.28 76.87
2017-03-31 249.48 321.98 40.56
2016-12-31 250.58 321.44 36.28
2016-09-30 248.38 314.98 60.58
2016-06-30 257.54 356.94 20.11
2016-03-31 257.42 360.40 14.35
2015-12-31 268.80 358.87 34.11
2015-09-30 286.81 348.64 37.54
2015-06-30 291.87 305.64 39.53
2015-03-31 238.17 320.64 32.01
2014-12-31 240.84 295.64 55.11
2014-09-30 258.12 305.64 107.58
2014-06-30 263.90 305.64 166.50
2014-03-31 263.79 192.20 57.57
2013-12-31 268.67 202.20 101.62
2013-09-30 269.72 202.20 133.53
2012-12-31 142.43 177.20 30.47
  • Capitala Finance's level of debt (155.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (75.2% vs 155.7% today).
  • Debt is not well covered by operating cash flow (9.2%, less than 20% of total debt).
  • Capitala Finance is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Capitala Finance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Capitala Finance has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Capitala Finance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
12.48%
Current annual income from Capitala Finance dividends. Estimated to be 12.48% next year.
If you bought $2,000 of Capitala Finance shares you are expected to receive $250 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Capitala Finance's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Capitala Finance's dividend is above the markets top 25% of dividend payers in United States of America (3.68%).
Upcoming dividend payment

Purchase Capitala Finance before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CPTA.G Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CPTA.G Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.00 5.00
2019-12-31 1.00 5.00
NasdaqCM:CPTA.G Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-02 1.000 12.391
2018-07-02 1.000 12.016
2018-04-02 1.000 12.254
2018-01-02 1.000 13.131
2017-10-02 1.000 12.386
2017-07-03 1.560 14.992
2017-04-03 1.560 11.362
2017-01-03 1.560 11.116
2016-09-22 1.560 12.169
2016-07-01 1.880 12.731
2016-04-01 1.880 13.893
2016-01-04 1.880 16.794
2015-10-01 1.880 14.113
2015-07-01 1.880 12.894
2015-04-02 1.880 10.917
2015-01-05 1.880 10.099
2014-10-03 1.880 10.247
2014-08-12 1.880 10.099
2014-05-12 1.880 10.107
2014-03-06 1.880 9.888
2013-11-13 1.880 9.516

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capitala Finance has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Capitala Finance has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Capitala Finance's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess Capitala Finance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Capitala Finance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Capitala Finance has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Capitala Finance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Joe Alala
COMPENSATION $0
AGE 48
TENURE AS CEO 6.2 years
CEO Bio

Mr. Joseph B. Alala, III, also known as Joe, J.D. serves as the Founder, Managing Partner, President, Chief Executive Officer, and Chief Investment Officer (since 2013) at Capitala Investment Advisors. He serves on the board of directors of various portfolio companies of Capitala Investment Advisors since 2013. Mr. Alala founded Capitala Investment Advisors in 1998. He is a Founder, President, Chief Executive Officer and Chairman at Capitala Group. He serves as the President and Chief Executive Officer at CapitalSouth Corporation. Mr. Alala founded CapitalSouth Partners in 1998. Since 1998, Mr. Alala has been the Founder, President, and Chief Executive Officer of Capitala Investment Advisors. He has an intimate knowledge of the business and operations of Capitala Investment Advisors, extensive familiarity with the financial industry, and the investment management process in particular. Mr. Alala serves as a Founding Member of Charlotte Private Equity Council. He was also a Senior Advisor at Star Mountain Capital, LLC. Prior to founding CapitalSouth, Mr. Alala served as a Director of the investment bank for Centura Bank and as a Principal at Halcyon Investments. He was employed at The Florida Mezzanine Fund. In 2000, Mr. Alala was the youngest Founding General Partner to receive an SBIC debenture license in the 50-year history of the SBIC program. He served as a Principal at Halcyon Investments from May 1996 to May 1998. He serves as the Chairman of Carolina Temporaries Staffing Co. and Founding Director of New Dominion Bank. Mr. Alala also serves as a Member of Boards of Directors at Carolina Temporaries Staffing Co., First Charter Bank, Staircase and Millwork, Inc., Strategic Power Systems, New South Supply, SEI Environmental, FS Tierra Holdings and Powers Limited, L.L.C. He serves as a Director or Advisor at Radiological Assistance Engineering and Consulting, Telco, Inc., Aerial Access Equipment, L.L.C., Bradman Lake Group, Inc., Southern Software, Inc., Strategic Power Systems, Inc., ISO Poly Films, Inc., Spartan Foods, Inc., Incentive Concepts, L.L.C., Highwinds Software, Inc., Print Direction, Inc., Horizon Doors, Inc., Advanced Composite Material Corp., Impact Confections, Southern Parts and Engineering Co, and Medical Modalities, L.L.C. Mr. Alala serves as a Member of Advisory Board of Bison Investments, Inc. He serves as Director of Media Market Group LLC. Mr. Alala served as a Director at Centura Bank from May 1998 to October 1998. He served as a Member of the Advisory Council at Redan Capital Management, LP. Mr. Alala served as a Founding Director of NewDominion Bank. He is a Member of Council for Economic Development, Mid-Atlantic Venture Capital Association, Atlanta Venture Forum, Commercial Finance Association, National Venture Capital Association, Small Business Investor Alliance, and North Carolina Bankers Association. He also served as a Board Advisor at Association for Corporate Growth, Metrolina Entrepreneurial Council, and National Funding Association. He served on the board of directors of non-profit organizations and private bank holding companies. Mr. Alala serves, or served, as a Director or Advisor of several companies including First Charter Bank and New Dominion Bank (founding Director). He also serves on the Princeton University's Track & Field's Trustee Board. Recently, Mr. Alala has been added to the Board of Visitors for the Wake Forest School of Law. Mr. Alala served as a Regional Campaign Chairman of Wake Forest M.B.A. Babcock School Capital Campaign. He completed a class of 1998 from Episcopal High School. Mr. Alala received a J.D. from Wake Forest University School of Law in 1996, an M.B.A. from Wake Forest University's Babcock Graduate School of Management in 1996 and an A.B. in Economics, with a concentration in Finance and minor in Politics from Princeton University in 1992.

CEO Compensation
  • Insufficient data for Joe to compare compensation growth.
  • Joe's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Capitala Finance management team in years:

1.3
Average Tenure
48
Average Age
  • The average tenure for the Capitala Finance management team is less than 2 years, this suggests a new team.
Management Team

Joe Alala

TITLE
Chairman
AGE
48
TENURE
6.2 yrs

Steve Arnall

TITLE
CFO & Chief Operating Officer
AGE
55
TENURE
5.9 yrs

Richard Wheelahan

TITLE
Chief Compliance Officer & Secretary
AGE
37
TENURE
5.8 yrs

Peter Sherman

TITLE
Chief Risk Officer
TENURE
1.3 yrs

Randall Fontes

TITLE
Managing Director
TENURE
0.5 yrs

Chris Norton

TITLE
Managing Director of Underwriting
TENURE
0.5 yrs

Adam Richeson

TITLE
Managing Director
TENURE
0.5 yrs

Christian MacCarron

TITLE
Vice President- Los Angeles

Danny Speake

TITLE
Vice President of Capitala Investment Advisors
TENURE
1.3 yrs

Eric Althofer

TITLE
Director of Capitala Investment Advisors
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Capitala Finance board of directors in years:

6.2
Average Tenure
66
Average Age
  • The tenure for the Capitala Finance board of directors is about average.
Board of Directors

Joe Alala

TITLE
Chairman
AGE
48
TENURE
6.2 yrs

H. Chapman

TITLE
Director
COMPENSATION
$130K
AGE
66
TENURE
5.9 yrs

Larry Carroll

TITLE
Lead Director
COMPENSATION
$125K
AGE
66
TENURE
6.3 yrs

R. Moyer

TITLE
Director
COMPENSATION
$125K
AGE
72
TENURE
5.9 yrs

Markham Broyhill

TITLE
Board of Director
AGE
54
TENURE
6.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Capitala Finance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Capitala Finance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The fund targets companies in the business services, commercial and professional services, manufacturing, consumer and retail, energy, and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with greater than $4.5 million of TTM EBITDA. It may also invest in senior secured positions in "stretch" senior secured loans. The fund makes minority equity co-investments, alongside management or financial sponsors.

Details
Name: Capitala Finance Corp.
CPTA.G
Exchange: NasdaqCM
Founded: 2013
$128,739,811
16,072,386
Website: http://www.capitalagroup.com
Address: Capitala Finance Corp.
4201 Congress Street,
Suite 360,
Charlotte,
North Carolina, 28209,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CPTA Common Stock Nasdaq Global Select US USD 25. Sep 2013
NasdaqCM CPTA.G 5.75% NT CV 22 Nasdaq Capital Market US USD 30. May 2017
Number of employees
Current staff
Staff numbers
0
Capitala Finance employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/02 01:04
End of day share price update: 2019/04/01 00:00
Last estimates confirmation: 2019/03/06
Last earnings filing: 2019/03/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.