Gladstone Capital Corporation (GLAD) vs Nuveen Churchill Direct Lending Corp. (NCDL)
- Gladstone Capital Corporation GLAD 19.32 −0.05%
- Nuveen Churchill Direct Lending Corp. NCDL 11.75 −1.51%
Gladstone Capital Corporation and Nuveen Churchill Direct Lending Corp. are both Asset Management companies. Nuveen Churchill Direct Lending Corp. is the larger, with a market value of $585.9M against $436.7M — 1.3× the size. Gladstone Capital Corporation trades at the lower P/E: 9.0× against 13.8×. Gladstone Capital Corporation grew revenue faster over the last twelve months: 11.3% against −14.2%. Gladstone Capital Corporation has the higher net margin (48.7% vs 24.0%) and the lower return on invested capital (5.89% vs 11.5%). Both pay a dividend; Gladstone Capital Corporation yields more (9.31% vs 3.77%). Across the 18 metrics below, Nuveen Churchill Direct Lending Corp. leads on 10 and Gladstone Capital Corporation on 8.
Valuation
Profitability
| Metric | GLAD | NCDL | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 70.28% | 80.72% | 27.27% |
| Net margin | 48.67% | 23.98% | 11.89% |
| Free cash flow margin | (152.38%) | 75.67% | 5.96% |
| Return on equity | 10.03% | 5.12% | 4.57% |
| Return on assets | 5.50% | 2.23% | 1.40% |
| Return on invested capital | 5.89% | 11.52% | 2.12% |
Growth
Health
Dividend
Size
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