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Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) PS Ratio : 7.22 (As of May. 16, 2024)


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What is Morgan Stanley Direct Lending Fund PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Morgan Stanley Direct Lending Fund's share price is $22.03. Morgan Stanley Direct Lending Fund's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $3.05. Hence, Morgan Stanley Direct Lending Fund's PS Ratio for today is 7.22.

The historical rank and industry rank for Morgan Stanley Direct Lending Fund's PS Ratio or its related term are showing as below:

MSDL' s PS Ratio Range Over the Past 10 Years
Min: 6.79   Med: 7.03   Max: 7.7
Current: 7.27

During the past 4 years, Morgan Stanley Direct Lending Fund's highest PS Ratio was 7.70. The lowest was 6.79. And the median was 7.03.

MSDL's PS Ratio is ranked better than
56.86% of 1421 companies
in the Asset Management industry
Industry Median: 8.65 vs MSDL: 7.27

Morgan Stanley Direct Lending Fund's Revenue per Sharefor the three months ended in Mar. 2024 was $0.69. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $3.05.

During the past 12 months, the average Revenue per Share Growth Rate of Morgan Stanley Direct Lending Fund was 224.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 121.80% per year.

During the past 4 years, Morgan Stanley Direct Lending Fund's highest 3-Year average Revenue per Share Growth Rate was 121.80% per year. The lowest was 121.80% per year. And the median was 121.80% per year.

Back to Basics: PS Ratio


Morgan Stanley Direct Lending Fund PS Ratio Historical Data

The historical data trend for Morgan Stanley Direct Lending Fund's PS Ratio 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 PS Ratio Chart

Morgan Stanley Direct Lending Fund Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PS Ratio
- - - -

Morgan Stanley Direct Lending Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 7.07

Competitive Comparison of Morgan Stanley Direct Lending Fund's PS Ratio

For the Asset Management subindustry, Morgan Stanley Direct Lending Fund's PS Ratio, along with its competitors' market caps and PS Ratio 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 PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Morgan Stanley Direct Lending Fund's PS Ratio falls into.



Morgan Stanley Direct Lending Fund PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

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

PS Ratio=Share Price/Revenue per Share (TTM)
=22.03/3.05
=7.22

Morgan Stanley Direct Lending Fund's Share Price of today is $22.03.
Morgan Stanley Direct Lending Fund's Revenue per Share 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 $3.05.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Morgan Stanley Direct Lending Fund  (NYSE:MSDL) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Morgan Stanley Direct Lending Fund PS Ratio Related Terms

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

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Traded in Other Exchanges
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Address
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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