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New Mountain FinanceNMFC +1.81%48 Net Margin % is 92.42% as of Jun. 2026, which is 7% below its 10-year median of 98.87. GuruFocus rates NMFC with a GF Score™ of 48/100 and a GF Value™ of $12.21 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,570 Asset Management companies, New Mountain Finance ranks better than 53.06% on this metric.
New Mountain Finance (NAS:NMFC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
New Mountain Finance Net Margin % Related Terms
New Mountain Finance Net Margin % Historical Data
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The historical data trend for New Mountain Finance's Net Margin % 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.
For the Asset Management subindustry, New Mountain Finance's Net Margin %, along with its competitors' market caps and Net Margin % 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.
New Mountain Finance Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, New Mountain Finance's Net Margin % distribution charts can be found below:
* The bar in red indicates where New Mountain Finance's Net Margin % falls into.
* 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.
New Mountain Finance (NMFC) has a Net Margin % of 92.42% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on New Mountain Finance and its competitors. This is near median its historical median of 98.87. Over the past decade, New Mountain Finance's Net Margin % has ranged from 83.88 to 111.09. According to the industry distribution chart, New Mountain Finance ranks #737 out of 1570 companies in the Asset Management industry, placing it in the top 46.9%.
Is New Mountain Finance's Net Margin % too high?
New Mountain Finance's current Net Margin % of 92.42% is near median its 10-year median of 98.87. Over the past 10 years, this metric has ranged from a low of 83.88 to a high of 111.09. The Asset Management industry median Net Margin % is 85.85. New Mountain Finance's value of 92.42% is 7.7% above this industry median. Based on the distribution chart, New Mountain Finance ranks #737 out of 1570 companies in the Asset Management industry, which is above the industry midpoint. Overall, New Mountain Finance has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Mountain Finance's Net Margin % compare to BHK and NKX?
According to the Asset Management industry distribution chart, New Mountain Finance ranks #737 out of 1570 companies for Net Margin %. This puts New Mountain Finance in the upper half of its industry. The industry median Net Margin % is 85.85. New Mountain Finance's value of 92.42% is 7.7% above this benchmark. Historically, New Mountain Finance's own Net Margin % has ranged from 83.88 to 111.09 over the past decade. While the company's 10-year median is 98.87 vs. the industry median of 85.85, New Mountain Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.85, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Mountain Finance's current Net Margin % of 92.42% is 7.7% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on New Mountain Finance and its competitors. For the Asset Management industry, the median Net Margin % is 85.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Mountain Finance's current Net Margin % is 92.42%, which is near median its own 10-year median of 98.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Mountain Finance stock overvalued right now?
Based on GuruFocus' analysis, New Mountain Finance (NMFC) is currently considered Possible Value Trap. The stock's GF Value™ is $12.21, compared to a current price of $7.58 — trading 37.9% below its estimated fair value. The current Net Margin % is 92.42%, which is near median its 10-year median of 98.87 and 7.7% above the Asset Management industry median of 85.85. New Mountain Finance's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For New Mountain Finance (NMFC), the current Net Margin % is 92.42% as of Jun. 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.
Is New Mountain Finance (NMFC) Overvalued in 2026?
Based on GuruFocus' analysis, New Mountain Finance stock appears to be undervalued.
The current stock price of $7.58 is trading 37.9% below its estimated GF Value™ of $12.21.
GuruFocus considers New Mountain Finance to be Possible Value Trap.
Key valuation signals for NMFC:
Net Margin %: 92.42% (near median its 10-year median of 98.87)
GF Value™: $12.21 vs. price of $7.58 (37.9% below fair value)
Industry Position: 7.7% above the Asset Management median (#737 of 1570)
No single metric tells the full story. See the NMFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds and mezzanine securities.
48GF Score
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