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New Mountain Finance (New Mountain Finance) Cyclically Adjusted Revenue per Share : $1.32 (As of Dec. 2023)


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What is New Mountain Finance Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Dec. 2023 was $0.254. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $1.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, New Mountain Finance's average Cyclically Adjusted Revenue Growth Rate was -10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.90% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of New Mountain Finance was -2.90% per year. The lowest was -4.40% per year. And the median was -3.65% per year.

As of today (2024-04-27), New Mountain Finance's current stock price is $12.72. New Mountain Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.32. New Mountain Finance's Cyclically Adjusted PS Ratio of today is 9.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of New Mountain Finance was 9.89. The lowest was 3.47. And the median was 8.47.


New Mountain Finance Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for New Mountain Finance's Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share Chart

New Mountain Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.44 1.51 1.47 1.32

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
Cyclically Adjusted Revenue 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 1.47 1.45 1.44 1.39 1.32

Competitive Comparison of New Mountain Finance's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.254/129.4194*129.4194
=0.254

Current CPI (Dec. 2023) = 129.4194.

New Mountain Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.804 99.695 1.044
201406 0.583 100.560 0.750
201409 0.153 100.428 0.197
201412 -0.115 99.070 -0.150
201503 0.362 99.621 0.470
201506 0.324 100.684 0.416
201509 0.159 100.392 0.205
201512 -0.269 99.792 -0.349
201603 0.111 100.470 0.143
201606 0.636 101.688 0.809
201609 0.361 101.861 0.459
201612 0.438 101.863 0.556
201703 0.354 102.862 0.445
201706 0.324 103.349 0.406
201709 0.299 104.136 0.372
201712 0.334 104.011 0.416
201803 0.286 105.290 0.352
201806 0.286 106.317 0.348
201809 0.319 106.507 0.388
201812 -0.019 105.998 -0.023
201903 0.454 107.251 0.548
201906 0.237 108.070 0.284
201909 0.222 108.329 0.265
201912 0.186 108.420 0.222
202003 -1.553 108.902 -1.846
202006 0.693 108.767 0.825
202009 0.797 109.815 0.939
202012 0.581 109.897 0.684
202103 0.460 111.754 0.533
202106 0.705 114.631 0.796
202109 0.196 115.734 0.219
202112 0.486 117.630 0.535
202203 0.344 121.301 0.367
202206 0.143 125.017 0.148
202209 0.075 125.227 0.078
202212 0.211 125.222 0.218
202303 0.376 127.348 0.382
202306 0.295 128.729 0.297
202309 0.237 129.860 0.236
202312 0.254 129.419 0.254

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


New Mountain Finance  (NAS:NMFC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.72/1.32
=9.64

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of New Mountain Finance was 9.89. The lowest was 3.47. And the median was 8.47.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


New Mountain Finance Cyclically Adjusted Revenue per Share Related Terms

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

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