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US · NCDL

Nuveen Churchill Direct Lending Corp.

Programmatic access: InvestorsCraft Valuation API · catalog

Sector
Financial Services · Asset Management
Headquarters
New York City, NY 10152
Website
ncdl.com

Price · as of 2026-09-03

$12.57

Market cap 617.34M

Price history

Weekly OHLC price history for NCDL, USD per share
WeekOpenHighLowCloseVolume
Jan 22, 2024 – Jan 26, 2024$13.12$13.18$12.97$13.120
Jan 29, 2024 – Feb 2, 2024$13.01$13.20$12.89$12.930
Feb 5, 2024 – Feb 9, 2024$12.93$13.15$12.67$13.020
Feb 12, 2024 – Feb 16, 2024$13.01$13.18$12.93$13.010
Feb 19, 2024 – Feb 23, 2024$12.88$13.19$12.37$12.450
Feb 26, 2024 – Mar 1, 2024$12.53$12.71$11.76$12.340
Mar 4, 2024 – Mar 8, 2024$12.46$12.46$11.84$12.140
Mar 11, 2024 – Mar 15, 2024$12.22$13.24$12.05$12.670
Mar 18, 2024 – Mar 22, 2024$12.78$13.30$12.56$13.150
Mar 25, 2024 – Mar 28, 2024$13.04$13.65$12.82$13.620
Apr 1, 2024 – Apr 5, 2024$13.65$13.65$13.21$13.330
Apr 8, 2024 – Apr 12, 2024$13.33$13.47$12.79$13.170
Apr 15, 2024 – Apr 19, 2024$13.28$13.57$12.97$13.500
Apr 22, 2024 – Apr 26, 2024$13.53$13.53$12.98$13.180
Apr 29, 2024 – May 3, 2024$13.09$13.37$13.09$13.230
May 6, 2024 – May 10, 2024$13.24$13.51$13.04$13.230
May 13, 2024 – May 17, 2024$13.32$13.50$13.04$13.080
May 20, 2024 – May 24, 2024$13.27$13.60$13.09$13.330
May 27, 2024 – May 31, 2024$13.26$13.58$13.07$13.430
Jun 3, 2024 – Jun 7, 2024$13.37$13.69$13.34$13.640
Jun 10, 2024 – Jun 14, 2024$13.66$13.66$13.28$13.460
Jun 17, 2024 – Jun 21, 2024$13.41$13.47$13.11$13.280
Jun 24, 2024 – Jun 28, 2024$13.39$13.69$13.28$13.540
Jul 1, 2024 – Jul 5, 2024$13.48$13.99$13.48$13.670
Jul 8, 2024 – Jul 12, 2024$13.71$13.81$13.50$13.770
Jul 15, 2024 – Jul 19, 2024$13.85$14.01$13.60$13.650
Jul 22, 2024 – Jul 26, 2024$13.61$13.85$13.59$13.690
Jul 29, 2024 – Aug 2, 2024$13.69$13.75$13.23$13.300
Aug 5, 2024 – Aug 9, 2024$13.19$13.69$13.02$13.390
Aug 12, 2024 – Aug 16, 2024$13.29$13.53$12.84$13.310
Aug 19, 2024 – Aug 23, 2024$13.42$13.77$13.26$13.750
Aug 26, 2024 – Aug 30, 2024$13.84$13.96$13.62$13.920
Sep 2, 2024 – Sep 6, 2024$13.93$13.97$13.56$13.570
Sep 9, 2024 – Sep 13, 2024$13.69$14.04$13.51$13.970
Sep 16, 2024 – Sep 20, 2024$13.97$14.09$13.82$13.820
Sep 23, 2024 – Sep 27, 2024$13.95$14.07$13.77$13.950
Sep 30, 2024 – Oct 4, 2024$13.98$14.08$13.68$13.850
Oct 7, 2024 – Oct 11, 2024$13.86$14.30$13.73$14.080
Oct 14, 2024 – Oct 18, 2024$14.01$14.21$13.75$13.940
Oct 21, 2024 – Oct 25, 2024$13.98$14.00$13.44$13.740
Oct 28, 2024 – Nov 1, 2024$13.84$13.87$13.44$13.560
Nov 4, 2024 – Nov 8, 2024$13.66$13.89$13.51$13.800
Nov 11, 2024 – Nov 15, 2024$13.79$13.94$13.57$13.770
Nov 18, 2024 – Nov 22, 2024$13.81$13.93$13.68$13.760
Nov 25, 2024 – Nov 29, 2024$13.88$14.08$13.73$13.980
Dec 2, 2024 – Dec 6, 2024$14.11$14.13$13.79$13.920
Dec 9, 2024 – Dec 13, 2024$13.96$14.07$13.85$13.980
Dec 16, 2024 – Dec 20, 2024$13.97$14.03$13.53$13.660
Dec 23, 2024 – Dec 27, 2024$13.64$13.85$13.58$13.780
Dec 30, 2024 – Jan 3, 2025$13.78$14.11$13.66$13.990
Jan 6, 2025 – Jan 10, 2025$14.02$14.08$13.48$13.550
Jan 13, 2025 – Jan 17, 2025$13.59$14.07$13.45$14.000
Jan 20, 2025 – Jan 24, 2025$13.95$14.27$13.89$14.220
Jan 27, 2025 – Jan 31, 2025$14.13$14.40$14.11$14.310
Feb 3, 2025 – Feb 7, 2025$14.21$14.40$14.21$14.350
Feb 10, 2025 – Feb 14, 2025$14.32$14.68$14.28$14.610
Feb 17, 2025 – Feb 21, 2025$14.58$14.92$14.54$14.770
Feb 24, 2025 – Feb 28, 2025$14.81$15.03$14.48$14.670
Mar 3, 2025 – Mar 7, 2025$14.61$14.67$14.20$14.400
Mar 10, 2025 – Mar 14, 2025$14.35$14.48$14.21$14.480
Mar 17, 2025 – Mar 21, 2025$14.48$14.60$14.36$14.410
Mar 24, 2025 – Mar 28, 2025$14.47$14.68$14.31$14.440
Mar 31, 2025 – Apr 4, 2025$14.46$14.72$13.35$13.560
Apr 7, 2025 – Apr 11, 2025$13.04$13.50$12.17$12.550
Apr 14, 2025 – Apr 17, 2025$12.65$13.07$12.49$13.000
Apr 21, 2025 – Apr 25, 2025$12.95$13.71$12.72$13.640
Apr 28, 2025 – May 2, 2025$13.64$13.85$13.35$13.670
May 5, 2025 – May 9, 2025$13.62$13.65$12.60$12.720
May 12, 2025 – May 16, 2025$12.99$13.67$12.94$13.620
May 19, 2025 – May 23, 2025$13.62$13.86$13.22$13.410
May 26, 2025 – May 30, 2025$13.48$14.06$13.42$13.920
Jun 2, 2025 – Jun 6, 2025$13.92$14.06$13.62$13.820
Jun 9, 2025 – Jun 13, 2025$13.96$14.17$13.85$13.890
Jun 16, 2025 – Jun 20, 2025$13.99$14.44$13.91$14.270
Jun 23, 2025 – Jun 27, 2025$14.27$14.32$13.86$14.050
Jun 30, 2025 – Jul 3, 2025$14.09$14.78$14.09$14.670
Jul 7, 2025 – Jul 11, 2025$14.63$15.12$14.47$15.060
Jul 14, 2025 – Jul 18, 2025$15.06$15.21$14.81$15.000
Jul 21, 2025 – Jul 25, 2025$15.02$15.05$14.54$14.880
Jul 28, 2025 – Aug 1, 2025$14.94$15.07$14.19$14.270
Aug 4, 2025 – Aug 8, 2025$14.29$14.46$13.91$14.320
Aug 11, 2025 – Aug 15, 2025$14.25$14.42$14.10$14.160
Aug 18, 2025 – Aug 22, 2025$14.15$14.27$13.94$14.170
Aug 25, 2025 – Aug 29, 2025$14.15$14.20$13.88$14.080
Sep 1, 2025 – Sep 5, 2025$14.01$14.25$13.93$14.060
Sep 8, 2025 – Sep 12, 2025$14.11$14.15$13.35$13.520
Sep 15, 2025 – Sep 19, 2025$13.45$13.47$12.98$13.240
Sep 22, 2025 – Sep 26, 2025$13.21$13.28$12.77$12.790
Sep 29, 2025 – Oct 3, 2025$12.84$12.94$12.33$12.760
Oct 6, 2025 – Oct 10, 2025$12.78$12.78$11.97$12.120
Oct 13, 2025 – Oct 17, 2025$12.31$12.72$12.22$12.510
Oct 20, 2025 – Oct 24, 2025$12.51$13.09$12.44$13.030
Oct 27, 2025 – Oct 31, 2025$13.02$13.48$12.95$13.130
Nov 3, 2025 – Nov 7, 2025$13.13$13.29$12.73$12.950
Nov 10, 2025 – Nov 14, 2025$13.14$13.26$12.81$13.100
Nov 17, 2025 – Nov 21, 2025$13.16$13.17$12.64$12.980
Nov 24, 2025 – Nov 28, 2025$12.92$13.48$12.80$13.480
Dec 1, 2025 – Dec 5, 2025$13.43$13.71$13.11$13.470
Dec 8, 2025 – Dec 12, 2025$13.48$13.62$13.09$13.100
Dec 15, 2025 – Dec 19, 2025$13.18$13.44$12.75$12.800
Dec 22, 2025 – Dec 26, 2025$12.77$12.90$12.34$12.530
Dec 29, 2025 – Jan 2, 2026$12.55$12.78$12.38$12.680
Jan 5, 2026 – Jan 9, 2026$12.68$12.94$12.26$12.720
Jan 12, 2026 – Jan 16, 2026$12.69$13.06$12.47$12.760
Jan 19, 2026 – Jan 23, 2026$12.69$13.06$12.46$12.670
Jan 26, 2026 – Jan 30, 2026$12.61$12.83$12.36$12.690
Feb 2, 2026 – Feb 6, 2026$12.73$12.80$12.17$12.680
Feb 9, 2026 – Feb 13, 2026$12.70$13.46$12.62$13.210
Feb 16, 2026 – Feb 20, 2026$13.26$13.35$12.55$13.000
Feb 23, 2026 – Feb 27, 2026$12.93$13.12$12.00$12.100
Mar 2, 2026 – Mar 6, 2026$11.92$12.80$11.79$12.410
Mar 9, 2026 – Mar 13, 2026$12.36$12.89$12.14$12.380
Mar 16, 2026 – Mar 20, 2026$12.37$12.76$12.16$12.260
Mar 23, 2026 – Mar 27, 2026$12.48$12.69$11.91$11.960
Mar 30, 2026 – Apr 2, 2026$11.97$12.73$11.97$12.720
Apr 6, 2026 – Apr 10, 2026$12.79$13.16$12.62$13.080
Apr 13, 2026 – Apr 17, 2026$13.03$14.18$12.99$14.030
Apr 20, 2026 – Apr 24, 2026$13.99$14.34$13.49$13.550
Apr 27, 2026 – May 1, 2026$13.57$14.56$13.56$14.390
May 4, 2026 – May 8, 2026$14.29$14.51$13.14$13.260
May 11, 2026 – May 15, 2026$13.26$13.38$12.62$12.890
May 18, 2026 – May 22, 2026$12.80$12.94$12.37$12.500
May 25, 2026 – May 29, 2026$12.54$12.82$12.44$12.680
Jun 1, 2026 – Jun 5, 2026$13.01$13.47$12.62$12.770
Jun 8, 2026 – Jun 12, 2026$12.32$12.78$12.10$12.400
Jun 15, 2026 – Jun 18, 2026$12.46$12.55$11.74$11.870
Jun 22, 2026 – Jun 26, 2026$11.87$12.41$11.62$12.370
Jun 29, 2026 – Jul 2, 2026$12.43$12.91$12.32$12.680
Jul 6, 2026 – Jul 10, 2026$12.70$12.95$12.51$12.880
Jul 13, 2026 – Jul 17, 2026$12.69$13.20$12.62$12.690
Jul 20, 2026 – Jul 24, 2026$12.69$12.85$12.03$12.130
Jul 27, 2026 – Jul 31, 2026$12.26$12.71$11.99$12.120
Aug 3, 2026 – Aug 7, 2026$12.23$13.05$12.23$12.820
Aug 10, 2026 – Aug 14, 2026$12.71$12.82$12.19$12.440
Aug 17, 2026 – Aug 21, 2026$12.39$12.55$12.16$12.310
Aug 24, 2026 – Aug 28, 2026$12.28$12.49$12.17$12.310
Aug 31, 2026 – Sep 3, 2026$12.39$12.83$12.36$12.570

Valuation

MetricValueUpside
IC Value$5.46-57%
P/E9.49
P/B0.71
P/S3.09
EV/EBITDA12.04
PEG
P/TBV0.71

Valuation history

Annual price overlaid with each model's fair value. Y-axis is log scale.

Annual price and model valuations for NCDL, USD per share
YearPriceAIICGraham-DoddGraham Formula
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023$12.15$23.53
2024$14.40$17.58
2025$12.39$42.00

Historic valuation ratios

Pick a category, then toggle metrics to compare.

USD millions

Line items

    USD millions

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      USD millions

      Line items

        About Nuveen Churchill Direct Lending Corp.

        Nuveen Churchill Direct Lending Corp. (NCDL), initially formed as a Delaware limited liability company on March 13, 2018, and subsequently restructured into a Maryland corporation on June 18, 2019, prior to commencing its business activities, operates as a closed-end, externally managed, non-diversified investment company. It has chosen to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940, as amended. The firm's principal investment goal is to generate appealing risk-adjusted returns, primarily through current income. This is achieved by predominantly investing in senior secured loans provided to private equity-backed U.S. middle market companies, which NCDL identifies as enterprises with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) generally ranging from $10.0 million to $100.0 million. Its portfolio will largely comprise what it refers to as "Senior Loans," primarily consisting of privately originated first-lien senior secured debt and unitranche loans (excluding "last-out" positions) to these performing U.S. middle market businesses. Additionally, the company selectively pursues "Junior Capital Investments," which include instruments such as second-lien loans, subordinated debt, last-out unitranche loan positions, and various equity-related securities.

        CEO
        Kenneth John Kencel
        Employees
        0
        Beta
        0.61

        Peer comparison

        Same-industry comparables, ranked by market cap.

        Scroll horizontally for additional metrics. Ticker column stays fixed.

        Peer comparison for NCDL: basic info, valuation models, ratios, profitability, leverage, growth, cash flow, dividends, enterprise value, and Altman Z-score.
        Basic InfoIC ValuationCore ValuationProfitabilityLeverage & LiquidityGrowthCash FlowDividendsEnterprise ValueRisk
        TickerCompany NamePriceMarket CapValueUpsideP/EP/BP/SEV/EBITDAPEGP/TBVGross MarginOperating MarginNet MarginROEROICROADebt/EquityInterest CoverageCurrent RatioQuick RatioNet Debt/EBITDAEPS GrowthSales GrowthFCF GrowthFCF YieldOp Cash Flow RatioCash ROICDividend YieldDividend PayoutShareholder YieldEV/EBITEV/FCFEV/SalesAltman Z-Score
        NCDLNuveen Churchill Direct L…$12.82617.34M$42.00+228%9.490.713.0912.040.7184.87%71.18%32.51%7.11%7.14%3.13%1.271.847.70-39.53%8.52%42.32%31.17%9.67%16.41%155.80%26.97%12.048.918.570.65
        BCSFBain Capital Specialty Fi…$12.68822.53M$22.24+75%7.560.673.1211.370.6776.88%75.63%41.29%8.75%7.07%3.73%1.322.240.350.357.71-17.84%12.36%-73.78%3.95%0.051.20%19.52%147.70%19.52%11.5170.538.710.40
        ECCEagle Point Credit Compan…$3.86510.33M$12.89+234%-3.730.573.70-7.530.5759.07%-75.28%-115.81%-13.63%-8.14%-7.93%0.37-3.162.382.37-2.62-222.09%0.12%-120.69%-4.99%-1.07-2.00%46.46%-173.50%46.67%-7.53-30.735.67-0.22
        FDUSFidus Investment Corporat…$20.13764.02M$64.78+222%7.150.793.709.670.7972.61%76.11%51.75%11.79%9.43%6.36%0.874.201.811.814.77-3.33%40.09%-335.72%-24.97%-3.80-12.30%12.82%91.60%12.82%9.60-7.917.301.03
        GAINGladstone Investment Corp…$16.45655.07M$35.27+114%3.180.888.235.101.890.8819.38%315.85%258.46%31.65%20.79%15.86%0.845.500.010.012.50167.98%-20.47%-189.19%-17.28%-1.14-9.36%9.72%30.90%9.72%5.10-11.3316.111.27
        MBWMMercantile Bank Corporati…$61.981.07B$28.58-54%9.081.112.170.5384.461.2864.03%27.46%23.87%13.56%209.76%1.38%1.140.790.290.293.3110.75%2.74%-87.89%1.39%0.0026.49%2.97%27.00%2.97%0.555.010.15-0.43
        MSIFMSC Income Fund, Inc.$11.47520.11M$11.03-4%6.210.754.258.9717.520.7572.72%97.47%68.44%13.01%9.77%6.81%0.823.721.061.064.6135.46%27.42%150.57%-12.77%-2.26-5.67%9.36%58.10%11.47%8.97-16.118.740.87
        SLRCSLR Investment Corp.$12.66690.66M$19.98+58%7.960.743.3511.410.7473.34%72.88%42.04%9.31%8.59%3.69%1.152.360.310.316.91-3.41%24.76%-146.13%-9.78%-0.82-3.85%12.15%96.70%12.15%11.64-25.928.480.48
        TYGTortoise Energy Infrastru…$41.89721.73M$16.26-61%46.130.9182.4024.590.910.70%441.93%178.64%2.51%2.47%1.96%0.285.260.501.585.85-95.25%-94.94%185.39%4.00%17.023.67%8.87%409.40%8.87%24.4532.78108.062.00
        VINPVinci Compass Investments…$9.89631.21M$32.08+224%12.091.603.316.0124.184.8694.11%38.91%22.26%13.37%25.35%6.88%0.573.7316.3016.302.0550.00%44.07%22.88%7.39%2.1619.02%6.62%80.10%8.23%6.6610.612.592.11

        Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($5.46 ÷ $12.57) − 1 = -56.56% (IC, example).