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New Mountain Finance Corporation is currently in a long term uptrend where the price is trading 13.4% above its 200 day moving average.
From a valuation standpoint, the stock is 46.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 23.8.
New Mountain Finance Corporation's total revenue rose by 235.4% to $67M since the same quarter in the previous year.
Its net income has increased by 208.5% to $66M since the same quarter in the previous year.
Finally, its free cash flow grew by 112.8% to $31M since the same quarter in the previous year.
Based on the above factors, New Mountain Finance Corporation gets an overall score of 5/5.
CurrencyCode | EUR |
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Exchange | F |
ISIN | US6475511001 |
Industry | Asset Management |
Sector | Financial Services |
Beta | 1.2 |
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Dividend Yield | 10.% |
Target Price | 13.58 |
PE Ratio | 16.07 |
Market Cap | 1B |
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in "defensive growth" industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $50 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.
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