NEW MOUNTAIN FINANCE CORP (NMFC) Stock Fundamental Analysis
USA - NASDAQ:NMFC - US6475511001 - Common Stock
9.62 USD
+0.05 (+0.52%)
9.5 USD
-0.12 (-1.25%)
Overall NMFC gets a fundamental rating of 3 out of 10. We evaluated NMFC against 237 industry peers in the Capital Markets industry. There are concerns on the financial health of NMFC while its profitability can be described as average. NMFC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NMFC was profitable.
In the past year NMFC had a positive cash flow from operations.
Each year in the past 5 years NMFC has been profitable.
Of the past 5 years NMFC 4 years had a positive operating cash flow.
1.2 Ratios
NMFC has a Return On Assets of 2.62%. This is comparable to the rest of the industry: NMFC outperforms 50.21% of its industry peers.
The Return On Equity of NMFC (6.34%) is comparable to the rest of the industry.
NMFC has a Return On Invested Capital (4.32%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for NMFC is below the industry average of 7.63%.
The 3 year average ROIC (3.55%) for NMFC is below the current ROIC(4.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.62% | ||
| ROE | 6.34% | ||
| ROIC | 4.32% |
ROA(3y)3.33%
ROA(5y)3.6%
ROE(3y)8.11%
ROE(5y)8.87%
ROIC(3y)3.55%
ROIC(5y)3.32%
1.3 Margins
The Profit Margin of NMFC (23.27%) is better than 61.18% of its industry peers.
NMFC's Profit Margin has declined in the last couple of years.
NMFC has a better Operating Margin (39.14%) than 70.04% of its industry peers.
In the last couple of years the Operating Margin of NMFC has remained more or less at the same level.
NMFC has a Gross Margin of 39.12%. This is comparable to the rest of the industry: NMFC outperforms 41.35% of its industry peers.
In the last couple of years the Gross Margin of NMFC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.14% | ||
| PM (TTM) | 23.27% | ||
| GM | 39.12% |
OM growth 3Y-3.6%
OM growth 5Y-1.48%
PM growth 3Y-25.67%
PM growth 5Y-5.6%
GM growth 3Y-1.07%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
Compared to 1 year ago, NMFC has more shares outstanding
Compared to 5 years ago, NMFC has more shares outstanding
NMFC has about the same debt/assets ratio as last year.
2.2 Solvency
NMFC has an Altman-Z score of 0.37. This is a bad value and indicates that NMFC is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.37, NMFC is not doing good in the industry: 67.93% of the companies in the same industry are doing better.
NMFC has a debt to FCF ratio of 6.44. This is a slightly negative value and a sign of low solvency as NMFC would need 6.44 years to pay back of all of its debts.
NMFC has a Debt to FCF ratio of 6.44. This is in the better half of the industry: NMFC outperforms 68.78% of its industry peers.
NMFC has a Debt/Equity ratio of 0.96. This is a neutral value indicating NMFC is somewhat dependend on debt financing.
NMFC has a Debt to Equity ratio (0.96) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 6.44 | ||
| Altman-Z | 0.37 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
NMFC has a Current Ratio of 0.17. This is a bad value and indicates that NMFC is not financially healthy enough and could expect problems in meeting its short term obligations.
NMFC has a Current ratio of 0.17. This is amonst the worse of the industry: NMFC underperforms 89.87% of its industry peers.
NMFC has a Quick Ratio of 0.17. This is a bad value and indicates that NMFC is not financially healthy enough and could expect problems in meeting its short term obligations.
NMFC has a Quick ratio of 0.17. This is amonst the worse of the industry: NMFC underperforms 89.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
NMFC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.07%.
The Earnings Per Share has been decreasing by -1.15% on average over the past years.
The Revenue has decreased by -0.85% in the past year.
The Revenue has been growing slightly by 6.09% on average over the past years.
EPS 1Y (TTM)-15.07%
EPS 3Y9.17%
EPS 5Y-1.15%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y11.1%
Revenue growth 5Y6.09%
Sales Q2Q%-15.52%
3.2 Future
The Earnings Per Share is expected to decrease by -7.05% on average over the next years.
NMFC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.63% yearly.
EPS Next Y-2.96%
EPS Next 2Y-2.04%
EPS Next 3Y-7.05%
EPS Next 5YN/A
Revenue Next Year-10.1%
Revenue Next 2Y-7.63%
Revenue Next 3Y-6.63%
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
NMFC is valuated cheaply with a Price/Earnings ratio of 7.76.
NMFC's Price/Earnings ratio is rather cheap when compared to the industry. NMFC is cheaper than 82.28% of the companies in the same industry.
NMFC is valuated cheaply when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
NMFC is valuated cheaply with a Price/Forward Earnings ratio of 7.48.
85.65% of the companies in the same industry are more expensive than NMFC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, NMFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NMFC is valued cheaply inside the industry as 87.34% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NMFC's earnings are expected to decrease with -7.05% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.04%
EPS Next 3Y-7.05%
5. Dividend
5.1 Amount
NMFC has a Yearly Dividend Yield of 13.38%, which is a nice return.
Compared to an average industry Dividend Yield of 8.49, NMFC pays a better dividend. On top of this NMFC pays more dividend than 81.43% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, NMFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.38% |
5.2 History
The dividend of NMFC has a limited annual growth rate of 1.35%.
NMFC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.35%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NMFC pays out 170.72% of its income as dividend. This is not a sustainable payout ratio.
NMFC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP170.72%
EPS Next 2Y-2.04%
EPS Next 3Y-7.05%
9.62
+0.05 (+0.52%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners32.71%
Inst Owner Change-1.58%
Ins Owners11.93%
Ins Owner Change3%
Market Cap1.02B
Revenue(TTM)371.67M
Net Income(TTM)82.75M
Analysts50
Price Target10.71 (11.33%)
Short Float %1.32%
Short Ratio1.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.38% |
Yearly Dividend1.4
Dividend Growth(5Y)1.35%
DP170.72%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.27%
Min EPS beat(2)-2.57%
Max EPS beat(2)-1.96%
EPS beat(4)0
Avg EPS beat(4)-6.79%
Min EPS beat(4)-17.88%
Max EPS beat(4)-1.96%
EPS beat(8)0
Avg EPS beat(8)-5.47%
EPS beat(12)0
Avg EPS beat(12)-5.46%
EPS beat(16)1
Avg EPS beat(16)-7.13%
Revenue beat(2)0
Avg Revenue beat(2)-3.15%
Min Revenue beat(2)-3.21%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-2.83%
Min Revenue beat(4)-4.33%
Max Revenue beat(4)-0.69%
Revenue beat(8)1
Avg Revenue beat(8)-6.17%
Revenue beat(12)4
Avg Revenue beat(12)-4.39%
Revenue beat(16)7
Avg Revenue beat(16)-3.15%
PT rev (1m)-0.94%
PT rev (3m)-8.36%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)-1.07%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 7.48 | ||
| P/S | 2.88 | ||
| P/FCF | 3.68 | ||
| P/OCF | 3.68 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.24
EY12.89%
EPS(NY)1.29
Fwd EY13.37%
FCF(TTM)2.61
FCFY27.16%
OCF(TTM)2.61
OCFY27.16%
SpS3.34
BVpS12.28
TBVpS12.28
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.62% | ||
| ROE | 6.34% | ||
| ROCE | 5.47% | ||
| ROIC | 4.32% | ||
| ROICexc | 4.42% | ||
| ROICexgc | 4.49% | ||
| OM | 39.14% | ||
| PM (TTM) | 23.27% | ||
| GM | 39.12% | ||
| FCFM | 78.12% |
ROA(3y)3.33%
ROA(5y)3.6%
ROE(3y)8.11%
ROE(5y)8.87%
ROIC(3y)3.55%
ROIC(5y)3.32%
ROICexc(3y)3.63%
ROICexc(5y)3.4%
ROICexgc(3y)3.66%
ROICexgc(5y)3.42%
ROCE(3y)4.49%
ROCE(5y)4.2%
ROICexgc growth 3Y8.95%
ROICexgc growth 5Y5.56%
ROICexc growth 3Y9.09%
ROICexc growth 5Y5.59%
OM growth 3Y-3.6%
OM growth 5Y-1.48%
PM growth 3Y-25.67%
PM growth 5Y-5.6%
GM growth 3Y-1.07%
GM growth 5Y-0.01%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 6.44 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.08 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 335.77% | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.37 |
F-Score6
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)109.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.07%
EPS 3Y9.17%
EPS 5Y-1.15%
EPS Q2Q%-5.88%
EPS Next Y-2.96%
EPS Next 2Y-2.04%
EPS Next 3Y-7.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y11.1%
Revenue growth 5Y6.09%
Sales Q2Q%-15.52%
Revenue Next Year-10.1%
Revenue Next 2Y-7.63%
Revenue Next 3Y-6.63%
Revenue Next 5YN/A
EBIT growth 1Y-11.45%
EBIT growth 3Y7.11%
EBIT growth 5Y4.52%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.74%
OCF growth 3YN/A
OCF growth 5YN/A
NEW MOUNTAIN FINANCE CORP / NMFC FAQ
What is the ChartMill fundamental rating of NEW MOUNTAIN FINANCE CORP (NMFC) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NMFC.
What is the valuation status for NMFC stock?
ChartMill assigns a valuation rating of 6 / 10 to NEW MOUNTAIN FINANCE CORP (NMFC). This can be considered as Fairly Valued.
What is the profitability of NMFC stock?
NEW MOUNTAIN FINANCE CORP (NMFC) has a profitability rating of 5 / 10.
What is the financial health of NEW MOUNTAIN FINANCE CORP (NMFC) stock?
The financial health rating of NEW MOUNTAIN FINANCE CORP (NMFC) is 2 / 10.
How sustainable is the dividend of NEW MOUNTAIN FINANCE CORP (NMFC) stock?
The dividend rating of NEW MOUNTAIN FINANCE CORP (NMFC) is 5 / 10 and the dividend payout ratio is 170.72%.