SDHY

PGIM Short Duration High

Fundamental data last updated:April 13, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

NYSE

County of HQ

United States

Next Earnings Date

Business Summary

SDHY operates as a short-duration high-yield strategy within asset management, generating revenue primarily through management fees tied to assets under management. Its cash flow engine depends on fee income derived from managing fixed-income portfolios, particularly in the high-yield segment where spreads can support differentiated performance. The moat is not patent-driven but built on credit expertise, distribution reach, and institutional trust within fixed-income markets. Scale, brand affiliation, and consistent risk-adjusted returns are the levers that sustain assets under management and, by extension, recurring fee revenue.

 


VALUATION

P/E

13.4

Market Cap ($M USD)

$396

Forward P/E

-

PEG

-

PRICE TO SALES

8.5

PRICE TO BOOK

0.9

EV / EBITDA

-

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

$1.30

Payout Ratio

108.00%

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$1.20

Next Year EPS Growth Estimate

-

Next Year Revenue Growth Estimate

-

Return on Equity (ROE)

10.60%

FREE CASH FLOW

Operating Margin

-

Debt-to-Equity

0

Piotroski F-Score

7

Altman Z-Score

-

Return on Invested Capital (ROIC)

11.60%

Current Ratio

-

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

At 13.4x earnings with a Price/Book of 0.9, SDHY screens as a statistically cheap financial asset manager, but the picture is incomplete. The absence of Forward P/E, EPS, and Altman Z-Score data materially limits visibility into forward growth and balance sheet safety, forcing investors to rely on trailing valuation and profitability metrics. A 10.60% operating margin and 11.60% ROIC suggest a functional, cash-generative platform, and a Piotroski F-Score of 7 signals solid financial quality. The market cap of $396M places it in small-cap territory, where mispricings are common, but without forward earnings clarity, this is more a controlled value play than a high-conviction growth compounder.

AI Exposure / Tech Reliance

As an Asset Management firm within Financial Services, SDHY’s adaptability to AI is more about operational efficiency and portfolio analytics than product disruption. Firms in this space can leverage AI for credit modeling, risk management, and distribution optimization, which can protect margins like the current 10.60%. However, technology is unlikely to create explosive upside; it is more defensive than transformative here.

The Bull Case

A GARP or deep value investor would be drawn to the combination of a 13.4 P/E and 0.9 Price/Book, implying the market is valuing the business at less than its accounting equity while it generates an 11.60% ROIC. That spread between sub-1x book value and double-digit capital returns is the core attraction. The Piotroski F-Score of 7 reinforces that the balance sheet and income statement trends are fundamentally sound, not distressed. Add in a 10.60% operating margin and you have a small-cap asset manager that is profitable, generating real returns on capital, and priced as if growth is negligible—classic value asymmetry if capital allocation remains disciplined.

The Bear Case

The red flags are primarily informational opacity and structural uncertainty. Forward P/E, PEG Forward, Debt/Equity, Short % of Float, Institutional Ownership %, and Altman Z-Score are not provided, meaning investors lack visibility into leverage, growth trajectory, and market skepticism. EPS is not provided, yet EPS Next Year is estimated at $1.20, creating an incomplete earnings bridge that undermines confidence in forecasting. A TTM Yield of 0, Dividend 5-Year Avg of 0, and no Dividend Per Share suggest income investors have no cushion, while a Payout Ratio listed at $1.30 raises clarity concerns about capital return policy.

Market Sentiment & Smart Money

Short Interest %

-

Analyst Consensus

-

Average Analyst Price Target

-

Institutional Ownership %

-

1-Year Beta

0.34

Insider Buying % (6 Mo)

-%

Distance to 52-Week High

93.70%

Distance to 52-Week Low

105.70%

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.