Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nuveen Churchill Direct Lending Corp. (NCDL)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$14.37 - $21.35$17.70
Multi-Stage$26.79 - $29.47$28.11
Blended Fair Value$22.90
Current Price$13.80
Upside65.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018
DPS0.00%0.00%0.001.230.000.000.000.000.020.000.000.00
YoY Growth---100.00%0.00%0.00%0.00%0.00%-100.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%6.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)91.54
(-) Cash Dividends Paid (M)28.27
(=) Cash Retained (M)63.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18.3111.446.87
Cash Retained (M)63.2763.2763.27
(-) Cash Required (M)-18.31-11.44-6.87
(=) Excess Retained (M)44.9651.8356.41
(/) Shares Outstanding (M)51.4851.4851.48
(=) Excess Retained per Share0.871.011.10
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share0.871.011.10
(=) Adjusted Dividend1.421.561.64
WACC / Discount Rate7.70%7.70%7.70%
Growth Rate-2.00%-1.00%0.00%
Fair Value$14.37$17.70$21.35
Upside / Downside4.10%28.24%54.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)91.5490.6289.7288.8287.9387.0589.66
Payout Ratio30.88%42.70%54.53%66.35%78.18%90.00%92.50%
Projected Dividends (M)28.2738.7048.9258.9368.7478.3582.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.70%7.70%7.70%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)35.5735.9336.29
Year 2 PV (M)41.3242.1743.03
Year 3 PV (M)45.7547.1748.61
Year 4 PV (M)49.0551.0853.18
Year 5 PV (M)51.3854.0656.84
PV of Terminal Value (M)1,156.301,216.511,279.21
Equity Value (M)1,379.381,446.931,517.16
Shares Outstanding (M)51.4851.4851.48
Fair Value$26.79$28.11$29.47
Upside / Downside94.17%103.67%113.56%

High-Yield Dividend Screener

« Prev Page 126 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
OCE.JOOceana Group Limited0.24%$13.2376.46%
SVRL.BOShri Venkatesh Refineries Limi0.24%$0.6910.32%
YULE.JKPT Yulie Sekuritas Indonesia Tbk0.24%$8.0021.47%
000417.SZHefei Department Store Group Co.,Ltd0.23%$0.029.60%
002384.SZSuzhou Dongshan Precision Manufacturing Co., Ltd.0.23%$0.1928.28%
002565.SZShanghai Shunho New Materials Technology Co.,Ltd.0.23%$0.0478.29%
002885.SZShenzhen JingQuanHua Electronics Co.,Ltd.0.23%$0.0623.30%
002896.SZNingbo ZhongDa Leader Intelligent Transmission Co., Ltd.0.23%$0.2156.47%
002905.SZGuangzhou Jinyi Media Corporation0.23%$0.0326.27%
003021.SZShenzhen Zhaowei Machinery & Electronic Co., Ltd.0.23%$0.2927.62%
003240.KSTaekwang Industrial Co., Ltd.0.23%$1,750.040.92%
022100.KQPosco Dx Company Ltd.0.23%$126.3124.59%
300007.SZHanwei Electronics Group Corporation0.23%$0.1249.27%
300096.SZYLZ Information Technology Co., Ltd0.23%$0.0211.84%
300107.SZHebei Jianxin Chemical Co., Ltd.0.23%$0.0277.28%
300380.SZShanghai Amarsoft Information & Technology Co.,Ltd0.23%$0.1057.30%
300969.SZNINGBO HENGSHUAI Co., Ltd.0.23%$0.2917.85%
4475.THennge K.K.0.23%$2.998.29%
600113.SSZhejiang Dongri Limited Company0.23%$0.1541.70%
600148.SSChangchun Yidong Clutch CO.,LTD0.23%$0.0568.26%
603324.SSShanghai Sheng Jian Environment Technology Co., Ltd.0.23%$0.0613.58%
603639.SSHailir Pesticides and Chemicals Group Co.,Ltd.0.23%$0.035.13%
603663.SSSanxiang Advanced Materials Co., Ltd.0.23%$0.0845.25%
688683.SSGuangDong Leary New Material Technology Co.,Ltd0.23%$0.0727.71%
CKS.JOCrookes Brothers Limited0.23%$5.5494.73%
EXX.JOExxaro Resources Limited0.23%$40.9257.17%
ITE.JOItaltile Limited0.23%$2.1185.08%
TROAX.STTroax Group AB (publ)0.23%$0.3485.49%
001336.SZHangzhou Chuhuan Science & Technology Company Limited0.22%$0.0516.21%
002246.SZNorth Chemical Industries Co., Ltd.0.22%$0.0410.63%
002281.SZAccelink Technologies Co,Ltd.0.22%$0.1613.87%
002335.SZKehua Data Co., Ltd.0.22%$0.1214.77%
002494.SZHuasi Holding Company Limited0.22%$0.0129.50%
002511.SZC&S Paper Co.,Ltd0.22%$0.029.57%
002935.SZChengdu Spaceon Electronics Co., Ltd.0.22%$0.0533.23%
0JE5.LAMSC Asa0.22%$0.000.43%
140860.KQPark Systems Corp.0.22%$500.147.60%
2018.HKAAC Technologies Holdings Inc.0.22%$0.093.67%
300031.SZWuxi Boton Technology Co., Ltd.0.22%$0.0511.36%
300049.SZInner Mongolia Furui Medical Science Co., Ltd.0.22%$0.1532.40%
300142.SZWalvax Biotechnology Co., Ltd.0.22%$0.0277.28%
300457.SZShenzhen Yinghe Technology Co., Ltd0.22%$0.0612.53%
300512.SZHangzhou Zhongya Machinery Co., Ltd.0.22%$0.0225.40%
301155.SZJiangsu Haili Wind Power Equipment Technology Co., Ltd.0.22%$0.1812.08%
301392.SZGuangdong Huicheng Vacuum Technology Co., Ltd.0.22%$0.2821.83%
601163.SSTriangle Tyre Co., Ltd0.22%$0.032.73%
603656.SSHefei Taihe Optoelectronic Technology Co., Ltd.0.22%$0.0530.43%
688122.SSWestern Superconducting Technologies Co., Ltd.0.22%$0.1712.77%
688258.SSJiangsu Eazytec Co., Ltd.0.22%$0.1738.53%
688308.SSOKE Precision Cutting Tools Co., Ltd.0.22%$0.0759.97%