NUVEEN CHURCHILL DIRECT LEND (NCDL) Stock Fundamental Analysis
NYSE:NCDL - New York Stock Exchange, Inc. - US67090S1087 - Common Stock - Currency: USD
Taking everything into account, NCDL scores 5 out of 10 in our fundamental rating. NCDL was compared to 237 industry peers in the Capital Markets industry. There are concerns on the financial health of NCDL while its profitability can be described as average. NCDL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NCDL was profitable.
In the past year NCDL has reported a negative cash flow from operations.
NCDL had positive earnings in each of the past 5 years.
NCDL had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.66%, NCDL is in the better half of the industry, outperforming 67.09% of the companies in the same industry.
The Return On Equity of NCDL (11.01%) is better than 63.71% of its industry peers.
The Return On Invested Capital of NCDL (4.52%) is comparable to the rest of the industry.
NCDL had an Average Return On Invested Capital over the past 3 years of 3.88%. This is below the industry average of 7.85%.
The last Return On Invested Capital (4.52%) for NCDL is above the 3 year average (3.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 11.01% | ||
| ROIC | 4.52% |
ROA(3y)3.73%
ROA(5y)3.02%
ROE(3y)8.48%
ROE(5y)6.82%
ROIC(3y)3.88%
ROIC(5y)3.04%
1.3 Margins
NCDL has a better Profit Margin (44.83%) than 88.19% of its industry peers.
NCDL's Profit Margin has improved in the last couple of years.
NCDL has a better Operating Margin (53.62%) than 89.45% of its industry peers.
NCDL's Operating Margin has improved in the last couple of years.
The Gross Margin of NCDL (49.99%) is comparable to the rest of the industry.
NCDL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.62% | ||
| PM (TTM) | 44.83% | ||
| GM | 49.99% |
OM growth 3Y-2.41%
OM growth 5Y4.58%
PM growth 3Y-11.59%
PM growth 5Y1.87%
GM growth 3Y-7.32%
GM growth 5Y0.38%
2. Health
2.1 Basic Checks
Compared to 1 year ago, NCDL has less shares outstanding
Compared to 5 years ago, NCDL has less shares outstanding
NCDL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.66, we must say that NCDL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.66, NCDL is in line with its industry, outperforming 43.04% of the companies in the same industry.
A Debt/Equity ratio of 1.30 is on the high side and indicates that NCDL has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.30, NCDL is doing worse than 63.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.66 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.25 indicates that NCDL should not have too much problems paying its short term obligations.
NCDL has a Current ratio (1.25) which is comparable to the rest of the industry.
A Quick Ratio of 1.25 indicates that NCDL should not have too much problems paying its short term obligations.
NCDL's Quick ratio of 1.25 is in line compared to the rest of the industry. NCDL outperforms 55.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
NCDL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.16%, which is quite impressive.
Measured over the past years, NCDL shows a very strong growth in Earnings Per Share. The EPS has been growing by 75.26% on average per year.
Looking at the last year, NCDL shows a very strong growth in Revenue. The Revenue has grown by 38.50%.
NCDL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 70.84% yearly.
EPS 1Y (TTM)55.16%
EPS 3Y62.6%
EPS 5Y75.26%
EPS Q2Q%-19.3%
Revenue 1Y (TTM)38.5%
Revenue growth 3Y83.45%
Revenue growth 5Y70.84%
Sales Q2Q%-3.55%
3.2 Future
Based on estimates for the next years, NCDL will show a decrease in Earnings Per Share. The EPS will decrease by -7.92% on average per year.
NCDL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.04% yearly.
EPS Next Y-13.95%
EPS Next 2Y-11.04%
EPS Next 3Y-7.92%
EPS Next 5YN/A
Revenue Next Year-5.13%
Revenue Next 2Y-4.37%
Revenue Next 3Y-8.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.69, the valuation of NCDL can be described as very cheap.
Based on the Price/Earnings ratio, NCDL is valued cheaply inside the industry as 86.08% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NCDL to the average of the S&P500 Index (27.11), we can say NCDL is valued rather cheaply.
NCDL is valuated reasonably with a Price/Forward Earnings ratio of 9.11.
81.86% of the companies in the same industry are more expensive than NCDL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.78. NCDL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.69 | ||
| Fwd PE | 9.11 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NCDL has a very decent profitability rating, which may justify a higher PE ratio.
NCDL's earnings are expected to decrease with -7.92% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2Y-11.04%
EPS Next 3Y-7.92%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.32%, NCDL is a good candidate for dividend investing.
NCDL's Dividend Yield is rather good when compared to the industry average which is at 7.84. NCDL pays more dividend than 81.43% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, NCDL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.32% |
5.2 History
NCDL is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-11.04%
EPS Next 3Y-7.92%
16.3
+0.06 (+0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners28.82%
Inst Owner Change0.41%
Ins Owners0.63%
Ins Owner Change0.07%
Market Cap819.56M
Analysts78.33
Price Target17.17 (5.34%)
Short Float %1.06%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.32% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.66%
Min EPS beat(2)-7.76%
Max EPS beat(2)-7.56%
EPS beat(4)0
Avg EPS beat(4)-5.23%
Min EPS beat(4)-7.76%
Max EPS beat(4)-2.8%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-9.31%
Min Revenue beat(2)-12.42%
Max Revenue beat(2)-6.2%
Revenue beat(4)1
Avg Revenue beat(4)-4.75%
Min Revenue beat(4)-12.42%
Max Revenue beat(4)0.45%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0.5%
PT rev (3m)-2.88%
EPS NQ rev (1m)-2.8%
EPS NQ rev (3m)-4.47%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.69 | ||
| Fwd PE | 9.11 | ||
| P/S | 3.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.12
EY13.01%
EPS(NY)1.79
Fwd EY10.97%
FCF(TTM)-4.15
FCFYN/A
OCF(TTM)-4.15
OCFYN/A
SpS4.5
BVpS18.3
TBVpS18.3
PEG (NY)N/A
PEG (5Y)0.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 11.01% | ||
| ROCE | 5.72% | ||
| ROIC | 4.52% | ||
| ROICexc | 4.62% | ||
| ROICexgc | 4.64% | ||
| OM | 53.62% | ||
| PM (TTM) | 44.83% | ||
| GM | 49.99% | ||
| FCFM | N/A |
ROA(3y)3.73%
ROA(5y)3.02%
ROE(3y)8.48%
ROE(5y)6.82%
ROIC(3y)3.88%
ROIC(5y)3.04%
ROICexc(3y)4.01%
ROICexc(5y)3.14%
ROICexgc(3y)4.01%
ROICexgc(5y)3.14%
ROCE(3y)4.92%
ROCE(5y)3.85%
ROICexcg growth 3Y28.07%
ROICexcg growth 5Y10.13%
ROICexc growth 3Y28.07%
ROICexc growth 5Y10.13%
OM growth 3Y-2.41%
OM growth 5Y4.58%
PM growth 3Y-11.59%
PM growth 5Y1.87%
GM growth 3Y-7.32%
GM growth 5Y0.38%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 0.66 |
F-Score4
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)55.16%
EPS 3Y62.6%
EPS 5Y75.26%
EPS Q2Q%-19.3%
EPS Next Y-13.95%
EPS Next 2Y-11.04%
EPS Next 3Y-7.92%
EPS Next 5YN/A
Revenue 1Y (TTM)38.5%
Revenue growth 3Y83.45%
Revenue growth 5Y70.84%
Sales Q2Q%-3.55%
Revenue Next Year-5.13%
Revenue Next 2Y-4.37%
Revenue Next 3Y-8.04%
Revenue Next 5YN/A
EBIT growth 1Y24.4%
EBIT growth 3Y79.02%
EBIT growth 5Y78.66%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y47.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.82%
OCF growth 3YN/A
OCF growth 5YN/A