Nuveen Churchill Direct Lending (NYSE:NCDL) vs. Coinbase Global (NASDAQ:COIN) Financial Contrast

Nuveen Churchill Direct Lending (NYSE:NCDL) and Coinbase Global (NASDAQ:COIN) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, institutional ownership, profitability, valuation and earnings.

Valuation & Earnings

This table compares Nuveen Churchill Direct Lending and Coinbase Global”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nuveen Churchill Direct Lending	$207.86 million	2.70	$65.61 million	$0.95	11.97
Coinbase Global	$5.63 billion	6.46	$1.26 billion	($2.83)	-48.70

Coinbase Global has higher revenue and earnings than Nuveen Churchill Direct Lending. Coinbase Global is trading at a lower price-to-earnings ratio than Nuveen Churchill Direct Lending, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Nuveen Churchill Direct Lending and Coinbase Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nuveen Churchill Direct Lending	24.44%	9.60%	4.10%
Coinbase Global	-15.72%	3.12%	1.54%

Volatility & Risk

Nuveen Churchill Direct Lending has a beta of 0.55, suggesting that its share price is 45% less volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.41, suggesting that its share price is 241% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current recommendations for Nuveen Churchill Direct Lending and Coinbase Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nuveen Churchill Direct Lending	1	2	2	0	2.20
Coinbase Global	4	12	20	0	2.44

Nuveen Churchill Direct Lending currently has a consensus target price of $13.62, indicating a potential upside of 19.78%. Coinbase Global has a consensus target price of $211.47, indicating a potential upside of 53.43%. Given Coinbase Global’s stronger consensus rating and higher possible upside, analysts plainly believe Coinbase Global is more favorable than Nuveen Churchill Direct Lending.

Insider & Institutional Ownership

68.8% of Coinbase Global shares are held by institutional investors. 0.7% of Nuveen Churchill Direct Lending shares are held by company insiders. Comparatively, 16.7% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Coinbase Global beats Nuveen Churchill Direct Lending on 9 of the 14 factors compared between the two stocks.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.

About Coinbase Global

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.