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The historical rank and industry rank for Nuveen Churchill Direct Lending's EV-to-FCF or its related term are showing as below:
NCDL'
s EV-to-FCF Range Over the Past 10 Years
Min: -9.69 Med: -3.73 Max: 19.67
Current: 9.09
During the past 6 years, the highest EV-to-FCF of Nuveen Churchill Direct Lending was 19.67. The lowest was -9.69. And the median was -3.73.
NCDL's EV-to-FCF is ranked better than 68.34% of 935
companies
in the Asset Management industry
Industry Median: 14.49
vs NCDL: 9.09
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 (TTM) to determine the fair market value of a company.
Nuveen Churchill Direct Lending (NYSE:NCDL) 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 (TTM) to determine the fair market value of a company.
Nuveen Churchill Direct Lending's PE Ratio (TTM) for today is calculated as:
Nuveen Churchill Direct Lending's share price for today is $12.81.
Nuveen Churchill Direct Lending's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.200.
* 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.
Nuveen Churchill Direct Lending EV-to-FCF Related Terms
Nuveen Churchill Direct Lending EV-to-FCF Historical Data
* 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.
For the Asset Management subindustry, Nuveen Churchill Direct Lending'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.
Nuveen Churchill Direct Lending EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Churchill Direct Lending's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nuveen Churchill Direct Lending's EV-to-FCF falls into.
Nuveen Churchill Direct Lending's current Enterprise Value is $1,720.04 Mil.
Nuveen Churchill Direct Lending's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $189.23 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.
Nuveen Churchill Direct Lending (NCDL) has a EV-to-FCF of 9.09 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nuveen Churchill Direct Lending and its competitors. According to the industry distribution chart, Nuveen Churchill Direct Lending ranks #296 out of 935 companies in the Asset Management industry, placing it in the top 31.7%.
Is Nuveen Churchill Direct Lending's EV-to-FCF too high?
Nuveen Churchill Direct Lending's current EV-to-FCF is 9.09. The Asset Management industry median EV-to-FCF is 14.49. Nuveen Churchill Direct Lending's value of 9.09 is 37.3% below this industry median. Based on the distribution chart, Nuveen Churchill Direct Lending ranks #296 out of 935 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Churchill Direct Lending has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Churchill Direct Lending's EV-to-FCF compare to PDT and HKHC?
According to the Asset Management industry distribution chart, Nuveen Churchill Direct Lending ranks #296 out of 935 companies for EV-to-FCF. This puts Nuveen Churchill Direct Lending in the upper half of its industry. The industry median EV-to-FCF is 14.49. Nuveen Churchill Direct Lending's value of 9.09 is 37.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.49, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Churchill Direct Lending's current EV-to-FCF of 9.09 is 37.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nuveen Churchill Direct Lending and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Churchill Direct Lending's current EV-to-FCF is 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Churchill Direct Lending stock overvalued right now?
Nuveen Churchill Direct Lending (NCDL) has a current EV-to-FCF of 9.09. The current EV-to-FCF is 9.09 and 37.3% below the Asset Management industry median of 14.49. Nuveen Churchill Direct Lending's overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Nuveen Churchill Direct Lending (NCDL), the current EV-to-FCF is 9.09 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nuveen Churchill Direct Lending Business Description
Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.
29GF Score
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