NMFC
New Mountain Finance Corporation Financial Services - Asset Management Investor Relations →
New Mountain Finance Corporation (NMFC) closed at $7.96 as of 2026-02-02, trading 15.1% below its 200-week moving average of $9.37. This places NMFC in the extreme value zone. The stock is currently moving closer to the line, down from -8.2% last week. With a 14-week RSI of 29, NMFC is in oversold territory.
Over the past 720 weeks of data, NMFC has crossed below its 200-week moving average 5 times. On average, these episodes lasted 13 weeks. Historically, investors who bought NMFC at the start of these episodes saw an average one-year return of +43.7%.
With a market cap of $821 million, NMFC is a small-cap stock. The company generates a free cash flow yield of 14.7%, which is notably high. Return on equity stands at 5.4%. The stock trades at 0.7x book value.
Share count has increased 10.2% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 13.9 years, a hypothetical investment of $100 in NMFC would have grown to $255, compared to $629 for the S&P 500. NMFC has returned 7.0% annualized vs 14.1% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: NMFC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NMFC Crosses Below the Line?
Across 5 historical episodes, buying NMFC when it crossed below its 200-week moving average produced an average return of +109.0% after 12 months (median +181.0%), compared to +38.5% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +135.5% vs +66.5% for the index.
Each line shows $100 invested at the moment NMFC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NMFC has crossed below its 200-week MA 5 times with an average 1-year return of +43.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2016 | Feb 2016 | 6 | 6.9% | +44.0% | +105.1% |
| Mar 2020 | Nov 2020 | 35 | 54.8% | +43.4% | +50.1% |
| Mar 2025 | May 2025 | 5 | 8.5% | N/A | -12.3% |
| Sep 2025 | Dec 2025 | 11 | 7.5% | N/A | -14.1% |
| Dec 2025 | Ongoing | 8+ | 15.1% | Ongoing | -8.6% |
| Average | 13 | — | +43.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02