NMFC
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 10.62 | 9.49 | 16.49 | 6.59 |
| Price to Sales | 9.69 | 8.95 | 13.91 | 6.52 |
| Book Value Per Common Share | 12.55 | 12.87 | 13.02 | 13.49 |
| Price to Book | 0.90 | 0.99 | 0.95 | 1.02 |
| Price to Operating Cash Flow | 28.57 | 3.87 | 35.40 | -60.22 |
| Price to Free Cash Flow | 28.57 | 3.87 | 35.40 | -60.22 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 87.64 | 150.71 | 50.14 | 54.45 | |
| Price to Sales | 100.52 | 143.34 | 48.14 | 40.86 | 48.40 |
| Book Value Per Common Share | 12.06 | 12.21 | 12.45 | 12.55 | 12.62 |
| Price to Book | 0.80 | 0.86 | 0.89 | 0.90 | 0.95 |
| Price to Operating Cash Flow | 13.97 | 28.18 | 11.45 | 6.22 | -20.98 |
| Price to Free Cash Flow | 13.97 | 28.18 | 11.45 | 6.22 | -20.98 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -20.90 | 78.67 | -63.94 | |
| Revenue YoY | -13.85 | 61.27 | -56.25 | |
| EBITDA YoY | ||||
| Net Profit YoY | -16.18 | 81.10 | -62.89 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 57.14 | -68.18 | -31.25 | ||
| Revenue YoY | 28.20 | -67.89 | -16.87 | 11.37 | |
| EBITDA YoY | |||||
| Net Profit YoY | 56.79 | -66.80 | -15.40 | 15.85 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | ||||
| Quick Ratio | ||||
| Current Ratio | ||||
| Debt to Equity | 1.39 | 1.37 | 1.53 | 1.45 |
| Long-Term Debt to Equity |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | |||||
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 1.45 | 1.41 | 1.37 | 1.39 | 1.50 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 3.49 | 4.28 | 2.23 | 6.11 |
| ROE | 8.35 | 10.16 | 5.64 | 15.00 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | 91.65 | 94.20 | 83.88 | 98.90 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 0.39 | 0.25 | 0.73 | 0.85 | 0.70 |
| ROE | 0.97 | 0.59 | 1.74 | 2.04 | 1.75 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 119.85 | 98.00 | 94.76 | 93.11 | 89.51 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 129.75 | 111.37 | 162.30 | 56.72 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 277.48 | 443.77 | 147.41 | 128.60 | 153.49 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 3,246,701.00 | 3,159,214.00 | 3,354,927.00 | 3,295,812.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 80,320.00 | 70,090.00 | 71,190.00 | 58,077.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 42,592.00 | 44,189.00 | 36,154.00 | 30,868.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 3,091,024.00 | 3,011,322.00 | 3,221,247.00 | 3,174,364.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 1,887,410.00 | 1,827,491.00 | 2,028,736.00 | 1,953,200.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 |
| Account Payables | 17,109.00 | 20,440.00 | 19,627.00 | 25,298.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 |
| Long-Term Debt | 1,836,710.00 | 1,785,449.00 | 1,980,661.00 | 1,907,188.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Equity | 1,359,291.00 | 1,331,723.00 | 1,326,191.00 | 1,342,612.00 |
| Shareholders Equity | 1,353,339.00 | 1,319,951.00 | 1,314,473.00 | 1,321,245.00 |
| Capital Stock | 1,079.00 | 1,026.00 | 1,009.00 | 979.00 |
| Share Premium | 1,365,852.00 | 1,331,269.00 | 1,305,945.00 | 1,272,796.00 |
| Retained Earnings | -13,592.00 | -12,344.00 | 7,519.00 | 47,470.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 5,952.00 | 11,772.00 | 11,718.00 | 21,367.00 |
| Debt | 1,836,710.00 | 1,785,449.00 | 1,980,661.00 | 1,907,188.00 |
| Net Debt | 1,756,390.00 | 1,715,359.00 | 1,909,471.00 | 1,849,111.00 |
| Common Shares Outstanding | 107,851.41 | 102,558.86 | 100,937.03 | 97,907.44 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 123,780.00 | 143,675.00 | 89,089.00 | 203,647.00 |
| Interest Income | 276,136.00 | 290,782.00 | 212,193.00 | 189,581.00 |
| Interest Expense | 136,636.00 | 124,784.00 | 92,421.00 | 73,098.00 |
| Non-Interest Expense | 10,640.00 | 9,940.00 | 9,902.00 | 9,581.00 |
| Operating Expenses | 6,901.00 | 5,823.00 | 5,262.00 | -3,767.00 |
| Selling, General and Administrative Expenses | 10,640.00 | 9,940.00 | 9,902.00 | 9,581.00 |
| Other Operating Expenses | -3,739.00 | -4,117.00 | -4,640.00 | -13,348.00 |
| EBT | 116,879.00 | 137,852.00 | 83,827.00 | 207,414.00 |
| Income Tax | 2,376.00 | 1,762.00 | 9,299.00 | 232.00 |
| Net Income Including Non-Controlling Interests | 114,503.00 | 136,090.00 | 74,528.00 | 207,182.00 |
| Net Income Non-Controlling Interests | -1,060.00 | -747.00 | 204.00 | -5,783.00 |
| Net Income | 113,443.00 | 135,343.00 | 74,732.00 | 201,399.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 106,570.78 | 101,118.30 | 100,202.85 | 96,952.96 |
| Average Shares Outstanding Diluted | 125,463.39 | 123,488.88 | 115,426.20 | 110,210.54 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 41,999.00 | 332,729.00 | 35,006.00 | -22,057.00 |
| Operating Net Income | 114,503.00 | 136,090.00 | 74,528.00 | 207,182.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 824.00 | -21,379.00 | -2,052.00 | -15,381.00 |
| Other Operating Activities | -73,328.00 | 218,018.00 | -37,470.00 | -213,858.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -31,360.00 | -333,884.00 | -21,502.00 | 1,200.00 |
| Net Issuance/Repayment of Debt | 61,172.00 | -191,398.00 | 73,658.00 | 112,855.00 |
| Net Issuance/Repurchase of Equity | 67,690.00 | 21,241.00 | 40,006.00 | 12,427.00 |
| Dividends Paid | -147,193.00 | -150,737.00 | -121,288.00 | -114,225.00 |
| Other Financing Activities | -13,029.00 | -12,990.00 | -13,878.00 | -9,857.00 |
| Net Change in Cash | 10,639.00 | -1,155.00 | 13,504.00 | -20,857.00 |
| Cash at Beginning of Period | 70,090.00 | 71,190.00 | 58,077.00 | 78,966.00 |
| Cash at End of Period | 80,320.00 | 70,090.00 | 71,190.00 | 58,077.00 |
| Free Cash Flow | 41,999.00 | 332,729.00 | 35,006.00 | -22,057.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 3,088,909.00 | 3,159,712.00 | 3,196,651.00 | 3,246,701.00 | 3,414,256.00 |
| Cash and Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Cash and Cash Equivalents | 63,684.00 | 57,390.00 | 85,496.00 | 80,320.00 | 61,943.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 44,503.00 | 47,955.00 | 41,486.00 | 42,592.00 | 46,044.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2,949,453.00 | 3,006,414.00 | 3,037,328.00 | 3,091,024.00 | 3,273,591.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,826,243.00 | 1,847,876.00 | 1,848,473.00 | 1,887,410.00 | 2,046,677.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 28,484.00 | 45,123.00 | 30,459.00 | 17,109.00 | 18,485.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 1,765,383.00 | 1,767,630.00 | 1,782,852.00 | 1,836,710.00 | 1,992,970.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,262,666.00 | 1,311,836.00 | 1,348,178.00 | 1,359,291.00 | 1,367,579.00 |
| Shareholders Equity | 1,256,626.00 | 1,305,859.00 | 1,342,212.00 | 1,353,339.00 | 1,361,296.00 |
| Capital Stock | 1,079.00 | 1,079.00 | 1,079.00 | 1,079.00 | 1,079.00 |
| Share Premium | 1,365,849.00 | 1,365,838.00 | 1,365,824.00 | 1,365,852.00 | 1,398,395.00 |
| Retained Earnings | -73,049.00 | -51,416.00 | -24,691.00 | -13,592.00 | -38,178.00 |
| Treasury Shares | 37,253.00 | 9,642.00 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 6,040.00 | 5,977.00 | 5,966.00 | 5,952.00 | 6,283.00 |
| Debt | 1,765,383.00 | 1,767,630.00 | 1,782,852.00 | 1,836,710.00 | 1,992,970.00 |
| Net Debt | 1,701,699.00 | 1,710,240.00 | 1,697,356.00 | 1,756,390.00 | 1,931,027.00 |
| Common Shares Outstanding | 104,189.34 | 106,926.71 | 107,851.41 | 107,851.41 | 107,851.41 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 10,170.00 | 7,933.00 | 24,707.00 | 29,722.00 | 26,688.00 | 0 |
| Interest Income | 59,403.00 | 62,830.00 | 61,517.00 | 67,305.00 | 72,838.00 | 0 |
| Interest Expense | 31,720.00 | 31,138.00 | 31,374.00 | 34,846.00 | 37,661.00 | 0 |
| Non-Interest Expense | 2,318.00 | 2,615.00 | 3,009.00 | 2,769.00 | 2,609.00 | 0 |
| Operating Expenses | -2,226.00 | 29.00 | 1,187.00 | 1,762.00 | 1,639.00 | 0 |
| Selling, General and Administrative Expenses | 2,318.00 | 2,615.00 | 3,009.00 | 2,769.00 | 2,609.00 | 0 |
| Other Operating Expenses | -4,544.00 | -2,586.00 | -1,822.00 | -1,007.00 | -970.00 | 0 |
| EBT | 12,396.00 | 7,904.00 | 23,520.00 | 27,960.00 | 25,049.00 | 0 |
| Income Tax | 54.00 | 29.00 | 3.00 | 219.00 | 1,155.00 | 0 |
| Net Income Including Non-Controlling Interests | 12,342.00 | 7,875.00 | 23,517.00 | 27,741.00 | 23,894.00 | 0 |
| Net Income Non-Controlling Interests | -153.00 | -101.00 | -104.00 | -66.00 | -5.00 | 0 |
| Net Income | 12,189.00 | 7,774.00 | 23,413.00 | 27,675.00 | 23,889.00 | 0 |
| EPS | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 106,016.54 | 107,750.16 | 107,851.41 | 0 | 107,851.41 | 106,891.78 |
| Average Shares Outstanding Diluted | 125,036.70 | 126,733.46 | 126,852.91 | 0 | 126,779.82 | 125,759.77 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 73,140.00 | 40,337.00 | 103,916.00 | 195,183.00 | -61,580.00 |
| Operating Net Income | 12,342.00 | 7,875.00 | 23,517.00 | 27,741.00 | 23,894.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 1,426.00 | -5,665.00 | 20,729.00 | -5,449.00 | -34,684.00 |
| Other Operating Activities | 59,372.00 | 38,127.00 | 59,670.00 | 172,891.00 | -50,790.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -66,796.00 | -68,797.00 | -98,598.00 | -176,325.00 | 4,024.00 |
| Net Issuance/Repayment of Debt | -4,300.00 | -24,507.00 | -62,516.00 | -139,400.00 | 47,549.00 |
| Net Issuance/Repurchase of Equity | -27,611.00 | -9,642.00 | 0 | -1.00 | 0 |
| Dividends Paid | -33,822.00 | -34,499.00 | -34,512.00 | -35,591.00 | -36,668.00 |
| Other Financing Activities | -1,063.00 | -149.00 | -1,570.00 | -1,333.00 | -6,857.00 |
| Net Change in Cash | 6,344.00 | -28,460.00 | 5,318.00 | 18,858.00 | -57,556.00 |
| Cash at Beginning of Period | 57,390.00 | 85,496.00 | 80,320.00 | 61,943.00 | 119,607.00 |
| Cash at End of Period | 63,684.00 | 57,390.00 | 85,496.00 | 80,320.00 | 61,943.00 |
| Free Cash Flow | 73,140.00 | 40,337.00 | 103,916.00 | 195,183.00 | -61,580.00 |