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New Mountain Finance (FRA:1N4) Cyclically Adjusted PS Ratio : 10.28 (As of May. 14, 2024)


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What is New Mountain Finance Cyclically Adjusted PS Ratio?

As of today (2024-05-14), New Mountain Finance's current share price is €11.62. New Mountain Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.13. New Mountain Finance's Cyclically Adjusted PS Ratio for today is 10.28.

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

FRA:1N4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.47   Med: 8.47   Max: 10.26
Current: 10.14

During the past years, New Mountain Finance's highest Cyclically Adjusted PS Ratio was 10.26. The lowest was 3.47. And the median was 8.47.

FRA:1N4's Cyclically Adjusted PS Ratio is ranked worse than
62.16% of 880 companies
in the Asset Management industry
Industry Median: 7.51 vs FRA:1N4: 10.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

New Mountain Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.228. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €1.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Mountain Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New Mountain Finance's Cyclically Adjusted 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.

New Mountain Finance Cyclically Adjusted PS Ratio Chart

New Mountain Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 7.87 9.09 8.44 9.61

New Mountain Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.38 8.65 9.32 9.61 10.18

Competitive Comparison of New Mountain Finance's Cyclically Adjusted PS Ratio

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


New Mountain Finance's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



New Mountain Finance Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

New Mountain Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.62/1.13
=10.28

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New Mountain Finance's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.228/129.4194*129.4194
=0.228

Current CPI (Mar. 2024) = 129.4194.

New Mountain Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.429 100.560 0.552
201409 0.119 100.428 0.153
201412 -0.093 99.070 -0.121
201503 0.334 99.621 0.434
201506 0.289 100.684 0.371
201509 0.141 100.392 0.182
201512 -0.247 99.792 -0.320
201603 0.100 100.470 0.129
201606 0.566 101.688 0.720
201609 0.322 101.861 0.409
201612 0.415 101.863 0.527
201703 0.331 102.862 0.416
201706 0.288 103.349 0.361
201709 0.251 104.136 0.312
201712 0.282 104.011 0.351
201803 0.232 105.290 0.285
201806 0.245 106.317 0.298
201809 0.274 106.507 0.333
201812 -0.017 105.998 -0.021
201903 0.402 107.251 0.485
201906 0.210 108.070 0.251
201909 0.202 108.329 0.241
201912 0.167 108.420 0.199
202003 -1.406 108.902 -1.671
202006 0.615 108.767 0.732
202009 0.677 109.815 0.798
202012 0.477 109.897 0.562
202103 0.386 111.754 0.447
202106 0.585 114.631 0.660
202109 0.167 115.734 0.187
202112 0.430 117.630 0.473
202203 0.313 121.301 0.334
202206 0.136 125.017 0.141
202209 0.076 125.227 0.079
202212 0.199 125.222 0.206
202303 0.351 127.348 0.357
202306 0.272 128.729 0.273
202309 0.222 129.860 0.221
202312 0.233 129.419 0.233
202403 0.228 129.419 0.228

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


New Mountain Finance Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of New Mountain Finance's Cyclically Adjusted PS 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.

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