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New Mountain Finance (FRA:1N4) Shiller PE Ratio : 10.04 (As of Apr. 29, 2024)


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What is New Mountain Finance Shiller PE Ratio?

As of today (2024-04-29), New Mountain Finance's current share price is €11.65. New Mountain Finance's E10 for the quarter that ended in Dec. 2023 was €1.16. New Mountain Finance's Shiller PE Ratio for today is 10.04.

The historical rank and industry rank for New Mountain Finance's Shiller PE Ratio or its related term are showing as below:

FRA:1N4' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.87   Med: 9.7   Max: 11.35
Current: 9.94

During the past years, New Mountain Finance's highest Shiller PE Ratio was 11.35. The lowest was 2.87. And the median was 9.70.

FRA:1N4's Shiller PE Ratio is ranked better than
68.82% of 757 companies
in the Asset Management industry
Industry Median: 12.63 vs FRA:1N4: 9.94

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

New Mountain Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.238. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Mountain Finance Shiller PE Ratio Historical Data

The historical data trend for New Mountain Finance's Shiller PE 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.

New Mountain Finance Shiller PE Ratio Chart

New Mountain Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 9.07 10.72 9.21 9.94

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
Shiller PE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.21 9.16 9.35 9.90 9.94

Competitive Comparison of New Mountain Finance's Shiller PE Ratio

For the Asset Management subindustry, New Mountain Finance's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Asset Management Industry

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

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



New Mountain Finance Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

New Mountain Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.65/1.16
=10.04

* 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's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, New Mountain Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.238/129.4194*129.4194
=0.238

Current CPI (Dec. 2023) = 129.4194.

New Mountain Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.361 99.695 0.469
201406 0.324 100.560 0.417
201409 0.109 100.428 0.140
201412 -0.170 99.070 -0.222
201503 0.342 99.621 0.444
201506 0.294 100.684 0.378
201509 0.151 100.392 0.195
201512 -0.330 99.792 -0.428
201603 0.117 100.470 0.151
201606 0.570 101.688 0.725
201609 0.330 101.861 0.419
201612 0.436 101.863 0.554
201703 0.374 102.862 0.471
201706 0.303 103.349 0.379
201709 0.260 104.136 0.323
201712 0.287 104.011 0.357
201803 0.243 105.290 0.299
201806 0.248 106.317 0.302
201809 0.274 106.507 0.333
201812 -0.018 105.998 -0.022
201903 0.434 107.251 0.524
201906 0.239 108.070 0.286
201909 0.236 108.329 0.282
201912 0.189 108.420 0.226
202003 -1.611 108.902 -1.915
202006 0.639 108.767 0.760
202009 0.696 109.815 0.820
202012 0.559 109.897 0.658
202103 0.412 111.754 0.477
202106 0.589 114.631 0.665
202109 0.187 115.734 0.209
202112 0.434 117.630 0.477
202203 0.309 121.301 0.330
202206 0.151 125.017 0.156
202209 0.081 125.227 0.084
202212 0.142 125.222 0.147
202303 0.374 127.348 0.380
202306 0.295 128.729 0.297
202309 0.253 129.860 0.252
202312 0.238 129.419 0.238

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


New Mountain Finance  (FRA:1N4) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


New Mountain Finance Shiller PE Ratio Related Terms

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


New Mountain Finance (FRA:1N4) 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.

New Mountain Finance (FRA:1N4) Headlines

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