Carlyle Secured Lending, Inc. (CGBD) vs New Mountain Finance Corporation (NMFC)
- Carlyle Secured Lending, Inc. CGBD 10.39 −2.53%
- New Mountain Finance Corporation NMFC 6.73 −2.46%
Carlyle Secured Lending, Inc. and New Mountain Finance Corporation are both Asset Management companies. Carlyle Secured Lending, Inc. is the larger, with a market value of $733.5M against $651.3M — 1.1× the size. New Mountain Finance Corporation has negative trailing earnings, so its P/E is not meaningful; Carlyle Secured Lending, Inc. trades at 20.4×. Carlyle Secured Lending, Inc. grew revenue faster over the last twelve months: 10.7% against −60.6%. Carlyle Secured Lending, Inc. has the higher net margin (14.3% vs −41.1%) and the higher return on invested capital (2.75% vs −1.29%). Both pay a dividend; New Mountain Finance Corporation yields more (16.9% vs 14.4%). Across the 19 metrics below, Carlyle Secured Lending, Inc. leads on 12 and New Mountain Finance Corporation on 7.
Valuation
Profitability
| Metric | CGBD | NMFC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 74.29% | 0.00% | 33.42% |
| Net margin | 14.26% | (41.05%) | 13.37% |
| Free cash flow margin | 64.17% | 560.64% | 12.36% |
| Return on equity | 3.25% | (4.12%) | 4.79% |
| Return on assets | 1.47% | (1.74%) | 1.55% |
| Return on invested capital | 2.75% | (1.29%) | 2.97% |
Growth
Health
Dividend
Size
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