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Upturn AI Summary - About
New Mountain Finance Corporation(NMFC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NMFC
09/28/2026: NMFC (1-star) is currently NOT-A-BUY. Pass it for now.
New Mountain Finance Corporation is a business development company focused on providing debt financing to middle-market firms. Its main strength lies in its affiliation with New Mountain Capital, which provides access to disciplined, research-driven underwriting. The primary growth opportunity involves capturing demand for direct lending as traditional banks retreat from the middle market. Key risks include exposure to interest rate fluctuations, competitive yield compression, and potential credit deterioration within its borrower base. This stock may suit dividend-focused investors seeking exposure to private credit, though it requires monitoring of portfolio credit quality and management fee structures.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While BDCs offer growth through reinvestment, they are primarily income-focused vehicles rather than high-growth capital gainers. |
| Momentum investor | Mixed fit | Momentum investors may find interest when credit spreads tighten, but BDCs are typically range-bound based on NAV. |
| Value investor | Strong fit | Investors often look at BDCs when trading at a discount to NAV, presenting value-oriented entry points. |
| Dividend investor | Strong fit | The primary appeal of NMFC is its consistent dividend income, which is a core feature of the BDC business model. |
| Low-risk investor | Weak fit | BDCs carry inherent credit and leverage risks, making them less suitable for strictly low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | BDC share prices can fluctuate based on interest rate sentiment and broader credit market conditions. |
| Valuation risk | Medium | Changes in the valuation of underlying private loans can directly impact NAV. |
| Competition risk (private credit competition) | Medium / high | Increased capital flowing into private credit can compress yields on new loans. |
| Business quality | Medium | Quality depends on the rigor of the underwriting process and the resilience of the borrower base. |
| Dividend income | Medium | Dividends are dependent on net investment income and portfolio performance. |
| Execution risk | Medium | The manager's ability to source and underwrite loans effectively is paramount to long-term success. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -21.37% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 659.28M USD | Price to earnings Ratio - | 1Y Target Price 8.29 |
Price to earnings Ratio - | 1Y Target Price 8.29 | ||
Volume (30-day avg) 418.9K shares | Beta 0.62 | 52 Weeks Range 6.50 - 8.52 | Updated Date 09/27/2026 |
52 Weeks Range 6.50 - 8.52 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 17.26% | Basic EPS (TTM) -0.48 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Interest Income | Interest earned on first-lien and second-lien loans provided to middle-market companies. | Most of the company's revenue comes from the interest payments received from the loans they issue to businesses. |
| Dividend/Fee Income | Dividends from equity holdings and origination/servicing fees. | The company also collects various fees and occasional dividends from companies they invest in. |
Valuation
Trailing PE - | Forward PE 6.78 | Enterprise Value 1.95B | Price to Sales(TTM) 2.29 |
Enterprise Value 1.95B | Price to Sales(TTM) 2.29 | ||
Enterprise Value to Revenue 167.58 | Enterprise Value to EBITDA 16.16 | Shares Outstanding 94.45M | Shares Floating - |
Shares Outstanding 94.45M | Shares Floating - | ||
Percent Insiders 15.49 | Percent Institutions 35.02 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About New Mountain Finance Corporation
Exchange NASDAQ | Headquarters New York, NY, United States | ||
IPO Launch date 2011-05-20 | President, CEO & Director Mr. John R. Kline | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that 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, engineering and consulting services, 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, Life Sciences, Enterprise Software, Financial Services and Technology, 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 the United States of America. It seeks to invest between $10 million and $125 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. The fund seeks a majority stake in its portfolio companies.
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