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New Mountain Finance (New Mountain Finance) Book Value per Share : $12.87 (As of Dec. 2023)


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What is New Mountain Finance Book Value per Share?

New Mountain Finance's book value per share for the quarter that ended in Dec. 2023 was $12.87.

During the past 12 months, New Mountain Finance's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New Mountain Finance was 68.60% per year. The lowest was -14.40% per year. And the median was -0.50% per year.

New Mountain Finance's current price is $12.72. Its book value per share for the quarter that ended in Dec. 2023 was $12.87. Hence, today's PB Ratio of New Mountain Finance is 0.99.

During the past 13 years, the highest P/B Ratio of New Mountain Finance was 1.11. The lowest was 0.45. And the median was 1.01.


New Mountain Finance Book Value per Share Historical Data

The historical data trend for New Mountain Finance's Book Value per Share 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.

New Mountain Finance Book Value per Share Chart

New Mountain Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.26 12.62 13.50 13.02 12.87

New Mountain Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.02 13.14 13.14 13.06 12.87

Competitive Comparison of New Mountain Finance's Book Value per Share

For the Asset Management subindustry, New Mountain Finance's PB Ratio, along with its competitors' market caps and PB 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.


New Mountain Finance's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, New Mountain Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Mountain Finance's PB Ratio falls into.



New Mountain Finance Book Value per Share Calculation

New Mountain Finance's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,320.0-0.0)/102.6
=12.87

New Mountain Finance's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,320.0-0.0)/102.6
=12.87

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


New Mountain Finance  (NAS:NMFC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


New Mountain Finance Book Value per Share Related Terms

Thank you for viewing the detailed overview of New Mountain Finance's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


New Mountain Finance (New Mountain Finance) Business Description

Traded in Other Exchanges
Address
1633 Broadway, 48th Floor, New York, NY, USA, 10019
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 the sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds, and mezzanine securities.
Executives
Robert Hamwee officer: CEO & President C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Barbara Daniel director 1633 BROADWAY, 48TH FLOOR, NEW YORK NY 10019
Laura Holson Boswerger officer: Chief Operating Officer 1633 BROADWAY, 48TH FLOOR, NEW YORK NY 10019
Steven B Klinsky director C/O NEW MOUNTAIN CAPITAL, L.L.C., 1633 BROADWAY, 48TH FLOOR, NEW YORK NY 10019
Arnold Rome G. Iii director 24 GRAMERCY PARK SOUTH, NEW YORK NY 10003
James Stone officer: Section 16 Officer C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Adam Weinstein officer: Chief Financial Officer C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
David Ogens director C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Joseph Hartswell officer: Chief Compliance Officer 599 LEXINGTON AVENUE, NEW YORK NY 10022
Shiraz Kajee officer: CFO & Treasurer 500 PARK AVENUE, NEW YORK NY 10022
Alice Handy director C/O MSCI, INC., 88 PINE STREET, NEW YORK NY 10005
John Kline officer: Section 16 Officer C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Karrie J. Jerry officer: CCO and Corporate Secretary C/O NEW MOUNTAIN FINANCE CORPORATION, 787 SEVENTH AVENUE, NEW YORK NY 10019
Daniel B Hebert director TRI-ARTISAN PARTNERS, 590 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Kurt Wolfgruber director C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019