Gladstone Capital Corporation (GLAD) vs Nuveen Churchill Direct Lending Corp. (NCDL)
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 $578.3M against $434.2M — 1.3× the size. Gladstone Capital Corporation trades at the lower P/E: 9.0× against 12.3×. Gladstone Capital Corporation grew revenue faster over the last twelve months: 11.3% against −14.4%. Gladstone Capital Corporation has the higher net margin (48.7% vs 24.4%) and the lower return on invested capital (5.89% vs 12.1%). Across the 19 metrics below, Nuveen Churchill Direct Lending Corp. leads on 11 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% | 80.82% | 33.03% |
| Net margin | 48.67% | 24.44% | 13.53% |
| Free cash flow margin | (152.38%) | 58.99% | 12.44% |
| Return on equity | 10.03% | 5.40% | 4.83% |
| Return on assets | 5.50% | 2.31% | 1.57% |
| Return on invested capital | 5.89% | 12.06% | 3.04% |
Growth
Health
Dividend
Size
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