Financial Contrast: Nuveen Churchill Direct Lending (NCDL) vs. Its Rivals

Nuveen Churchill Direct Lending (NYSE:NCDL) is one of 1,743 public companies in the “Capital Markets” industry, but how does it compare to its rivals? We will compare Nuveen Churchill Direct Lending to related companies based on the strength of its valuation, profitability, risk, analyst recommendations, dividends, earnings and institutional ownership.

Valuation and Earnings

This table compares Nuveen Churchill Direct Lending and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nuveen Churchill Direct Lending	$207.86 million	$65.61 million	13.37
Nuveen Churchill Direct Lending Competitors	$2.39 billion	$398.52 million	17.39

Nuveen Churchill Direct Lending’s rivals have higher revenue and earnings than Nuveen Churchill Direct Lending. Nuveen Churchill Direct Lending is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent recommendations for Nuveen Churchill Direct Lending and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nuveen Churchill Direct Lending	1	2	2	0	2.20
Nuveen Churchill Direct Lending Competitors	5561	20151	22494	642	2.37

Nuveen Churchill Direct Lending presently has a consensus target price of $13.25, indicating a potential upside of 11.34%. As a group, “Capital Markets” companies have a potential upside of 24.66%. Given Nuveen Churchill Direct Lending’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Nuveen Churchill Direct Lending has less favorable growth aspects than its rivals.

Profitability

This table compares Nuveen Churchill Direct Lending and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nuveen Churchill Direct Lending	23.98%	9.40%	4.03%
Nuveen Churchill Direct Lending Competitors	318.48%	79.19%	3.72%

Insider and Institutional Ownership

30.6% of shares of all “Capital Markets” companies are owned by institutional investors. 0.7% of Nuveen Churchill Direct Lending shares are owned by company insiders. Comparatively, 12.9% of shares of all “Capital Markets” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

Nuveen Churchill Direct Lending has a beta of 0.55, suggesting that its stock price is 45% less volatile than the S&P 500. Comparatively, Nuveen Churchill Direct Lending’s rivals have a beta of 0.79, suggesting that their average stock price is 21% less volatile than the S&P 500.

Dividends

Nuveen Churchill Direct Lending pays an annual dividend of $1.44 per share and has a dividend yield of 12.1%. Nuveen Churchill Direct Lending pays out 161.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Capital Markets” companies pay a dividend yield of 3.2% and pay out 29.2% of their earnings in the form of a dividend.

Summary

Nuveen Churchill Direct Lending rivals beat Nuveen Churchill Direct Lending on 13 of the 15 factors compared.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.