NUVEEN CHURCHILL DIRECT LEND (NCDL) Fundamental Analysis & Valuation

NYSE:NCDL • US67090S1087

Current stock price

13.51 USD
+0.07 (+0.52%)
Last:

This NCDL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. NCDL Profitability Analysis

1.1 Basic Checks

  • In the past year NCDL was profitable.
  • NCDL had a positive operating cash flow in the past year.
  • Each year in the past 5 years NCDL has been profitable.
  • In the past 5 years NCDL reported 4 times negative operating cash flow.
NCDL Yearly Net Income VS EBIT VS OCF VS FCFNCDL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 -200M -400M

1.2 Ratios

  • NCDL has a Return On Assets (3.19%) which is in line with its industry peers.
  • NCDL has a Return On Equity (7.50%) which is in line with its industry peers.
  • NCDL has a Return On Invested Capital (3.65%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NCDL is below the industry average of 7.23%.
Industry RankSector Rank
ROA 3.19%
ROE 7.5%
ROIC 3.65%
ROA(3y)4.34%
ROA(5y)3.54%
ROE(3y)9.88%
ROE(5y)8.04%
ROIC(3y)4.14%
ROIC(5y)3.52%
NCDL Yearly ROA, ROE, ROICNCDL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • NCDL has a better Profit Margin (31.57%) than 77.82% of its industry peers.
  • In the last couple of years the Profit Margin of NCDL has grown nicely.
  • NCDL has a better Operating Margin (44.20%) than 80.33% of its industry peers.
  • In the last couple of years the Operating Margin of NCDL has remained more or less at the same level.
  • NCDL has a Gross Margin (47.53%) which is comparable to the rest of the industry.
  • NCDL's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 44.2%
PM (TTM) 31.57%
GM 47.53%
OM growth 3Y-6.86%
OM growth 5Y0.32%
PM growth 3Y14.62%
PM growth 5Y14.38%
GM growth 3Y-6.95%
GM growth 5Y-0.92%
NCDL Yearly Profit, Operating, Gross MarginsNCDL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. NCDL Health Analysis

2.1 Basic Checks

  • The number of shares outstanding for NCDL has been reduced compared to 1 year ago.
  • Compared to 5 years ago, NCDL has more shares outstanding
  • The debt/assets ratio for NCDL is higher compared to a year ago.
NCDL Yearly Shares OutstandingNCDL Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
NCDL Yearly Total Debt VS Total AssetsNCDL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • Based on the Altman-Z score of 0.55, we must say that NCDL is in the distress zone and has some risk of bankruptcy.
  • NCDL has a Altman-Z score of 0.55. This is comparable to the rest of the industry: NCDL outperforms 41.42% of its industry peers.
  • The Debt to FCF ratio of NCDL is 5.74, which is a neutral value as it means it would take NCDL, 5.74 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 5.74, NCDL is doing good in the industry, outperforming 65.27% of the companies in the same industry.
  • A Debt/Equity ratio of 1.27 is on the high side and indicates that NCDL has dependencies on debt financing.
  • NCDL has a Debt to Equity ratio of 1.27. This is in the lower half of the industry: NCDL underperforms 64.02% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5.74
Altman-Z 0.55
ROIC/WACCN/A
WACCN/A
NCDL Yearly LT Debt VS Equity VS FCFNCDL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • NCDL has a Current Ratio of 0.98. This is a bad value and indicates that NCDL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.98, NCDL is in line with its industry, outperforming 42.26% of the companies in the same industry.
  • A Quick Ratio of 0.98 indicates that NCDL may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.98, NCDL perfoms like the industry average, outperforming 42.68% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.98
NCDL Yearly Current Assets VS Current LiabilitesNCDL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. NCDL Growth Analysis

3.1 Past

  • The earnings per share for NCDL have decreased strongly by -17.70% in the last year.
  • The Earnings Per Share has been growing by 92.01% on average over the past years. This is a very strong growth
  • NCDL shows a decrease in Revenue. In the last year, the revenue decreased by -7.22%.
  • The Revenue has been growing by 73.29% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-17.7%
EPS 3Y59.76%
EPS 5Y92.01%
EPS Q2Q%-20%
Revenue 1Y (TTM)-7.22%
Revenue growth 3Y36.1%
Revenue growth 5Y73.29%
Sales Q2Q%-5.73%

3.2 Future

  • The Earnings Per Share is expected to decrease by -9.00% on average over the next years.
  • The Revenue is expected to decrease by -11.07% on average over the next years. This is quite bad
EPS Next Y-10.34%
EPS Next 2Y-9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.95%
Revenue Next 2Y-8.45%
Revenue Next 3Y-11.07%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NCDL Yearly Revenue VS EstimatesNCDL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M
NCDL Yearly EPS VS EstimatesNCDL Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

6

4. NCDL Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.26 indicates a rather cheap valuation of NCDL.
  • Based on the Price/Earnings ratio, NCDL is valued a bit cheaper than the industry average as 79.92% of the companies are valued more expensively.
  • NCDL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
  • NCDL is valuated reasonably with a Price/Forward Earnings ratio of 8.10.
  • 80.33% of the companies in the same industry are more expensive than NCDL, based on the Price/Forward Earnings ratio.
  • NCDL is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.26
Fwd PE 8.1
NCDL Price Earnings VS Forward Price EarningsNCDL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, NCDL is valued cheaper than 88.70% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.44
EV/EBITDA N/A
NCDL Per share dataNCDL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • NCDL's earnings are expected to decrease with -9.00% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.08
EPS Next 2Y-9%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. NCDL Dividend Analysis

5.1 Amount

  • NCDL has a Yearly Dividend Yield of 13.36%, which is a nice return.
  • Compared to an average industry Dividend Yield of 6.89, NCDL pays a bit more dividend than its industry peers.
  • NCDL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 13.36%

5.2 History

  • NCDL has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
NCDL Yearly Dividends per shareNCDL Yearly Dividends per shareYearly Dividends per share 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

DPN/A
EPS Next 2Y-9%
EPS Next 3YN/A
NCDL Yearly Income VS Free CF VS DividendNCDL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 2025 0 -200M -400M

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Find the best dividend stocksShow peers with best dividend

NCDL Fundamentals: All Metrics, Ratios and Statistics

NUVEEN CHURCHILL DIRECT LEND

NYSE:NCDL (4/10/2026, 11:38:02 AM)

13.51

+0.07 (+0.52%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners31.64%
Inst Owner Change0%
Ins Owners0.64%
Ins Owner Change0.06%
Market Cap667.26M
Revenue(TTM)207.86M
Net Income(TTM)65.61M
Analysts78.33
Price Target15.3 (13.25%)
Short Float %1.61%
Short Ratio2.66
Dividend
Industry RankSector Rank
Dividend Yield 13.36%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.77%
Min EPS beat(2)-6.32%
Max EPS beat(2)0.79%
EPS beat(4)1
Avg EPS beat(4)-3.99%
Min EPS beat(4)-7.76%
Max EPS beat(4)0.79%
EPS beat(8)2
Avg EPS beat(8)-2.73%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.79%
Min Revenue beat(2)-4.57%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-4.01%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)-1.01%
Revenue beat(8)1
Avg Revenue beat(8)-4.24%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.26%
PT rev (3m)-6.49%
EPS NQ rev (1m)1.19%
EPS NQ rev (3m)1.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)0.35%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)0.05%
Valuation
Industry RankSector Rank
PE 7.26
Fwd PE 8.1
P/S 3.21
P/FCF 3.44
P/OCF 3.44
P/B 0.76
P/tB 0.76
EV/EBITDA N/A
EPS(TTM)1.86
EY13.77%
EPS(NY)1.67
Fwd EY12.34%
FCF(TTM)3.93
FCFY29.1%
OCF(TTM)3.93
OCFY29.1%
SpS4.21
BVpS17.72
TBVpS17.72
PEG (NY)N/A
PEG (5Y)0.08
Graham Number27.23
Profitability
Industry RankSector Rank
ROA 3.19%
ROE 7.5%
ROCE 4.62%
ROIC 3.65%
ROICexc 3.76%
ROICexgc 3.79%
OM 44.2%
PM (TTM) 31.57%
GM 47.53%
FCFM 93.41%
ROA(3y)4.34%
ROA(5y)3.54%
ROE(3y)9.88%
ROE(5y)8.04%
ROIC(3y)4.14%
ROIC(5y)3.52%
ROICexc(3y)4.27%
ROICexc(5y)3.63%
ROICexgc(3y)4.28%
ROICexgc(5y)3.64%
ROCE(3y)5.24%
ROCE(5y)4.45%
ROICexgc growth 3Y8.09%
ROICexgc growth 5Y22.56%
ROICexc growth 3Y7.8%
ROICexc growth 5Y22.38%
OM growth 3Y-6.86%
OM growth 5Y0.32%
PM growth 3Y14.62%
PM growth 5Y14.38%
GM growth 3Y-6.95%
GM growth 5Y-0.92%
F-Score5
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5.74
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.28
Cash Conversion N/A
Profit Quality 295.91%
Current Ratio 0.98
Quick Ratio 0.98
Altman-Z 0.55
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.7%
EPS 3Y59.76%
EPS 5Y92.01%
EPS Q2Q%-20%
EPS Next Y-10.34%
EPS Next 2Y-9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.22%
Revenue growth 3Y36.1%
Revenue growth 5Y73.29%
Sales Q2Q%-5.73%
Revenue Next Year-11.95%
Revenue Next 2Y-8.45%
Revenue Next 3Y-11.07%
Revenue Next 5YN/A
EBIT growth 1Y-25.63%
EBIT growth 3Y26.77%
EBIT growth 5Y73.83%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y165.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y165.33%
OCF growth 3YN/A
OCF growth 5YN/A

NUVEEN CHURCHILL DIRECT LEND / NCDL Fundamental Analysis FAQ

What is the ChartMill fundamental rating of NUVEEN CHURCHILL DIRECT LEND (NCDL) stock?

ChartMill assigns a fundamental rating of 4 / 10 to NCDL.


What is the valuation status for NCDL stock?

ChartMill assigns a valuation rating of 6 / 10 to NUVEEN CHURCHILL DIRECT LEND (NCDL). This can be considered as Fairly Valued.


How profitable is NUVEEN CHURCHILL DIRECT LEND (NCDL) stock?

NUVEEN CHURCHILL DIRECT LEND (NCDL) has a profitability rating of 5 / 10.


What is the financial health of NUVEEN CHURCHILL DIRECT LEND (NCDL) stock?

The financial health rating of NUVEEN CHURCHILL DIRECT LEND (NCDL) is 2 / 10.