stockrowNuveen Churchill Direct Lending Corp. (NCDL) vs New Mountain Finance Corporation (NMFC)
- Nuveen Churchill Direct Lending Corp. NCDL 11.82 −0.92%
- New Mountain Finance Corporation NMFC 6.97 −0.43%
Nuveen Churchill Direct Lending Corp. and New Mountain Finance Corporation are both Asset Management companies. New Mountain Finance Corporation is the larger, with a market value of $661.2M against $585.9M — 1.1× the size. New Mountain Finance Corporation has negative trailing earnings, so its P/E is not meaningful; Nuveen Churchill Direct Lending Corp. trades at 13.8×. Nuveen Churchill Direct Lending Corp. grew revenue faster over the last twelve months: −14.2% against −63.6%. Nuveen Churchill Direct Lending Corp. has the higher net margin (24.0% vs −57.3%) and the higher return on invested capital (11.5% vs −1.54%). Both pay a dividend; New Mountain Finance Corporation yields more (16.3% vs 3.77%). Across the 19 metrics below, Nuveen Churchill Direct Lending Corp. leads on 12 and New Mountain Finance Corporation on 7.
Valuation
Profitability
| Metric | NCDL | NMFC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 80.72% | 0.00% | 27.27% |
| Net margin | 23.98% | (57.29%) | 11.89% |
| Free cash flow margin | 75.67% | 629.18% | 5.96% |
| Return on equity | 5.12% | (5.01%) | 4.57% |
| Return on assets | 2.23% | (2.10%) | 1.40% |
| Return on invested capital | 11.52% | (1.54%) | 2.12% |
Growth
Health
Dividend
Size
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