GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley Direct Lending Fund (NYSE:MSDL) » Definitions » EV-to-FCF

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) EV-to-FCF : -28.16 (As of May. 16, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Morgan Stanley Direct Lending Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Morgan Stanley Direct Lending Fund's Enterprise Value is $3,410.3 Mil. Morgan Stanley Direct Lending Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $-121.1 Mil. Therefore, Morgan Stanley Direct Lending Fund's EV-to-FCF for today is -28.16.

The historical rank and industry rank for Morgan Stanley Direct Lending Fund's EV-to-FCF or its related term are showing as below:

MSDL' s EV-to-FCF Range Over the Past 10 Years
Min: -40.64   Med: -38.08   Max: -26.95
Current: -28.28

During the past 4 years, the highest EV-to-FCF of Morgan Stanley Direct Lending Fund was -26.95. The lowest was -40.64. And the median was -38.08.

MSDL's EV-to-FCF is ranked worse than
100% of 1059 companies
in the Asset Management industry
Industry Median: 13.68 vs MSDL: -28.28

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-16), Morgan Stanley Direct Lending Fund's stock price is $22.24. Morgan Stanley Direct Lending Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.711. Therefore, Morgan Stanley Direct Lending Fund's PE Ratio for today is 8.20.


Morgan Stanley Direct Lending Fund EV-to-FCF Historical Data

The historical data trend for Morgan Stanley Direct Lending Fund's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morgan Stanley Direct Lending Fund EV-to-FCF Chart

Morgan Stanley Direct Lending Fund Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-FCF
- - - -

Morgan Stanley Direct Lending Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -27.56

Competitive Comparison of Morgan Stanley Direct Lending Fund's EV-to-FCF

For the Asset Management subindustry, Morgan Stanley Direct Lending Fund's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morgan Stanley Direct Lending Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Direct Lending Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Direct Lending Fund's EV-to-FCF falls into.



Morgan Stanley Direct Lending Fund EV-to-FCF Calculation

Morgan Stanley Direct Lending Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3410.307/-121.115
=-28.16

Morgan Stanley Direct Lending Fund's current Enterprise Value is $3,410.3 Mil.
Morgan Stanley Direct Lending Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-121.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Morgan Stanley Direct Lending Fund  (NYSE:MSDL) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Morgan Stanley Direct Lending Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22.24/2.711
=8.20

Morgan Stanley Direct Lending Fund's share price for today is $22.24.
Morgan Stanley Direct Lending Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.711.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Morgan Stanley Direct Lending Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Morgan Stanley Direct Lending Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. They invest primarily in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of our investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Headlines