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NMFC stock logo

NMFC

New Mountain Finance Corporation

$7.89
0.1
 (1.28%)
Exchange:  NASDAQ
Market Cap:  745.229M
Shares Outstanding:  10.698M
Delayed data
Calculate NMFC Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Asset Management
   
CEO:  John R. Kline
Full Time Employees:  0
Address: 
787 Seventh Avenue
New York City
NY
10019
US
Website:  https://www.newmountainfinance.com
New Mountain Finance Corporation (NMFC), a Nasdaq-listed business development company (BDC), operates as both a private equity and lending vehicle. It specializes in providing capital through direct investments and loans to middle-market companies, with a particular emphasis on those operating in stable, “defensive growth” sectors. The firm actively seeks out opportunities in buyouts and established middle-market businesses. NMFC deploys capital across various levels of a company’s capital structure. This includes investing in debt instruments such as first and second lien debt, unsecured notes, and mezzanine securities. Occasionally, the firm’s investments may also involve acquiring equity interests. Its investment strategy is focused exclusively on the United States. The fund targets a diverse array of industries, including but not limited to: energy, specialty chemicals and materials, trading companies and distributors, commercial printing, various support and professional services (diversified, education, environmental, facilities, office, business, federal), media, distribution and logistics, interactive home entertainment, telecommunication services, and several aspects of healthcare (services, facilities, technology). It also invests in different forms of power generation (hydroelectric, fossil fuels, nuclear) and security and alarm services. New Mountain Finance Corporation typically commits between $10 million and $50 million per transaction. Its investment sourcing involves both directly originating new deals and purchasing existing assets through open-market secondary transactions. The firm looks for companies with EBITDA ranging from $10 million to $200 million and aims for an investment hold size of up to $125 million. A key objective for the fund is to secure a majority ownership stake in its portfolio companies.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/05 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue341,982329,834370,242
Gross Profit258,085247,444309,671
EBITDA137,852116,879303,656
Operating Income262,523253,701140,641
Net Income135,343113,44316,488

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets3,159,2143,246,7012,902,853
Total Liabilities1,827,4911,887,4101,714,597
Total Stockholders Equity1,319,9511,359,2911,188,256
Total Debt1,785,449560,091196,205
Cash and Cash Equivalents70,09080,32080,718

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Cash Flow Statement

Year202320242025
Operating Cash Flow332,72941,999378,982
Capital Expenditure000
Free Cash Flow332,72941,999378,982
Net Income135,3430136,358
Net Change in Cash-1,10010,230398

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)238,347.558Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)251,635.964Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)244,421Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)123,726.678Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)130,624.715Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)126,879.413Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)118,352.976Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)126,997.828Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)122,675.402Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)17,941.251Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)18,941.516Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)18,398.420Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)1.010Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)1.050Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)0.980Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)1Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
329.834M  ?P/S
 (TTM)
: 
3.28
?Net Income
 (TTM)
: 
113.443M  ?P/E
 (TTM)
: 
-13.6
?Enterprise Value
 (TTM)
: 
2.015B  ?EV/FCF
 (TTM)
: 
2.98
?Dividend Yield
 (TTM)
: 
0.16  ?Payout Ratio
 (TTM)
: 
-2.29
?ROE
 (TTM)
: 
-0.05  ?ROIC
 (TTM)
: 
0.01
?Net Debt
 (TTM)
: 
1.756B  ?Debt/Equity
 (TTM)
: 
1.27
?P/B
 (TTM)
: 
0.75  ?Current Ratio
 (TTM)
: 
1.2

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
7.17Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates NMFC intrinsic value between $4.93 – $10.30 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about NMFC valuation

Is New Mountain Finance Corporation (NMFC) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for New Mountain Finance Corporation (NMFC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is NMFC a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NMFC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is NMFC’s P/E ratio?

You can see NMFC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for NMFC?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is NMFC a good long-term investment?

Whether NMFC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

NMFC

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

1.28
MARKETSnap

Trading Metrics:

Open: 7.8   Previous Close: 7.79
Day Low: 7.78   Day High: 7.93
Year Low: 7.48   Year High: 10.98
Price Avg 50: 8.11   Price Avg 200: 8.91
Volume: 540750   Average Volume: 885138

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See in Nexus

Relevant news

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2026
04-05-2026 16:21
New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2026
New Mountain Finance: Deep Discount, Strong Fundamentals
09-04-2026 02:35
New Mountain Finance: Deep Discount, Strong Fundamentals
New Mountain Finance Corporation (NASDAQ:NMFC) Receives $9.25 Consensus PT from Brokerages
30-03-2026 03:17
New Mountain Finance Corporation (NASDAQ:NMFC) Receives $9.25 Consensus PT from Brokerages
New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2025 Earnings Release and Conference Call
26-01-2026 16:15
New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2025 Earnings Release and Conference Call
2 SBIC & Commercial Finance Stocks to Buy Despite Industry Concerns
20-01-2026 09:55
2 SBIC & Commercial Finance Stocks to Buy Despite Industry Concerns

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