COMP <GO>
NCDL vs TMO // ALTMAN Z-SCORE & DEBT/EQUITY
Nuveen Churchill Direct Lending Corp. (NYSE) VS. Thermo Fisher Scientific Inc (NYSE) • 15-METRIC TALLY: NCDL 1
— TMO 5
■ METRIC PARITY
LAST: $11.10 (+2.21%) • MKT CAP: $548.2M
balance-sheet
—
LAST: $709.18 (+0.71%) • MKT CAP: $262.22B
balance-sheet
4.50
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NCDL VS. TMO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NCDL | TMO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 7.50% | 9.30% | -1.80 | TMO | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 30.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | 2.40% | — | TIE | /fcf-yield <GO> |
| Operating Margin | — | 17.40% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 15.10% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 3.90% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.24% | -0.24 | TMO | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | — | 4.50 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 8/9 | -4.00 | TMO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 54.2 | 62.9 | -8.69 | TMO | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.94 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 7.8x | 36.3x | -28.50 | NCDL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $548.2M | $262.22B | -$261.67B | TMO | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NCDL REV | TMO REV | NCDL GROSS % | TMO GROSS % | NCDL FCF | TMO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $44.56B | — | — | $194.2M | $6.29B |
| FY 2024 | $0 | $42.88B | — | — | -$297.2M | $7.27B |
| FY 2023 | $0 | $42.86B | — | — | -$369.5M | $6.48B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NCDL // BETA —
TMO // BETA 0.94