NCDL vs CASS

Comparison between Nuveen Churchill Direct Lending Corp (NCDL, Company) and Cass Information Systems Inc (CASS, Company).

NCDL is from the Financial Services sector, while CASS is from the Industrials sector.

NCDL vs CASS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NCDL(COMPANY)	CASS(COMPANY)
Market Cap	$635M	$632M
Max Drawdown	30.23%	52.54%
Sharpe Ratio	-0.61	0.66
5Y Beta	0.49	0.69
Industry	Asset Management	Specialty Business Services
P/E Ratio	10.71	18.33
Forward P/E	7.93	18.62
PEG Ratio	N/A	0.25
Dividend Yield	N/A	2.56%
5Y Dividends CAGR	N/A	3.29%
5Y EPS CAGR	N/A	8.30%
Debt to Equity	131.86%	0.00%
Free Cash Flow Yield	29.82%	4.02%
P/S Ratio	8.77	3.04
P/B Ratio	0.73	2.62

Market Cap

Winner

NCDL

$635M

CASS

$632M

Max Drawdown

Winner

NCDL

30.23%

CASS

52.54%

Sharpe Ratio

NCDL

-0.61

Winner

CASS

0.66

5Y Beta

Winner

NCDL

0.49

CASS

0.69

Industry

NCDL

Asset Management

CASS

Specialty Business Services

P/E Ratio

Winner

NCDL

10.71

CASS

18.33

Forward P/E

Winner

NCDL

7.93

CASS

18.62

PEG Ratio

NCDL

N/A

CASS

0.25

Dividend Yield

NCDL

N/A

CASS

2.56%

5Y Dividends CAGR

NCDL

N/A

CASS

3.29%

5Y EPS CAGR

NCDL

N/A

CASS

8.30%

Debt to Equity

NCDL

131.86%

Winner

CASS

0.00%

Free Cash Flow Yield

Winner

NCDL

29.82%

CASS

4.02%

P/S Ratio

NCDL

8.77

Winner

CASS

3.04

P/B Ratio

Winner

NCDL

0.73

CASS

2.62

NCDL vs CASS - Historical Returns

Returns include dividend reinvestment.

Period	NCDL	CASS
1 month	-4.63%	+8.18%
3 months	+0.32%	+11.35%
6 months	-5.45%	+12.16%
1 year	-11.29%	+19.00%
5 years(CAGR)	N/A	+4.32%
10 years(CAGR)	N/A	+4.99%
Max(CAGR)	-2.42%	+11.35%

NCDL

-4.63%

Winner

CASS

+8.18%

NCDL

+0.32%

Winner

CASS

+11.35%

NCDL

-5.45%

Winner

CASS

+12.16%

NCDL

-11.29%

Winner

CASS

+19.00%

5Y(CAGR)

NCDL

N/A

CASS

+4.32%

10Y(CAGR)

NCDL

N/A

CASS

+4.99%

Max(CAGR)

NCDL

-2.42%

Winner

CASS

+11.35%

NCDL vs CASS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NCDL	CASS
2026	-2.36%	+23.57%
2025	-9.74%	+6.57%
2024	+6.10%	-7.38%
2023	N/A	+2.29%
2022	N/A	+18.15%
2021	N/A	+5.18%
2020	N/A	-30.33%
2019	N/A	+11.33%
2018	N/A	+10.24%
2017	N/A	-11.12%
2016	N/A	+51.44%
2015	N/A	+4.32%
2014	N/A	-17.09%
2013	N/A	+57.37%
2012	N/A	+26.43%
2011	N/A	+5.82%
2010	N/A	+25.49%
2009	N/A	+1.83%
2008	N/A	-6.88%
2007	N/A	+8.87%
2006	N/A	+70.14%
2005	N/A	+43.38%
2004	N/A	+18.58%
2003	N/A	+38.54%
2002	N/A	+4.83%
2001	N/A	+43.38%
2000	N/A	-8.32%
1999	N/A	-8.99%

NCDL vs CASS Drawdown Comparison

The maximum drawdown for NCDL was -20.69%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for CASS was -50.87%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current NCDL drawdown is -17.87%. The current CASS drawdown is -1.66%.

Rank	NCDL	CASS
#1	-20.69% Jul 17, 2025 - Mar 27, 2026	-50.87% Jun 22, 2018 - Mar 18, 2020
#2	-15.56% Feb 20, 2025 - Jul 10, 2025	-40.38% Dec 30, 2013 - Nov 15, 2016
#3	-10.15% Jan 30, 2024 - Mar 21, 2024	-38.92% Aug 11, 2008 - Dec 6, 2010
#4	-7.02% Jul 17, 2024 - Aug 29, 2024	-30.13% Dec 10, 2007 - Aug 11, 2008
#5	-5.76% Mar 28, 2024 - Jun 6, 2024	-26.39% Jan 25, 2001 - Oct 5, 2001
#6	-4.80% Oct 9, 2024 - Jan 24, 2025	-24.26% Nov 9, 1999 - Jan 24, 2001
#7	-3.06% Jun 7, 2024 - Jul 2, 2024	-24.00% Apr 6, 2011 - Oct 27, 2011
#8	-2.70% Aug 30, 2024 - Sep 13, 2024	-22.87% Jun 28, 2006 - Sep 1, 2006
#9	-2.17% Mar 21, 2024 - Mar 28, 2024	-21.79% Sep 16, 2005 - Apr 19, 2006
#10	-2.17% Sep 18, 2024 - Oct 9, 2024	-20.02% Dec 27, 2016 - Jun 14, 2018
#11	-1.91% Jul 2, 2024 - Jul 17, 2024	-20.00% May 6, 2003 - Sep 10, 2003
#12	-1.45% Jan 27, 2025 - Feb 3, 2025	-18.06% Nov 15, 2006 - Nov 29, 2007
#13	-1.17% Jul 11, 2025 - Jul 16, 2025	-17.84% Nov 3, 2011 - Dec 6, 2011
#14	-0.46% Feb 3, 2025 - Feb 11, 2025	-17.34% Aug 14, 2013 - Nov 27, 2013
#15	-0.28% Jan 25, 2024 - Jan 30, 2024	-15.90% Sep 5, 2006 - Oct 27, 2006

Correlation

Correlation between NCDL and CASS is -0.32 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.32

-101

Dividend Comparison (1999 - 2026)

NCDL vs CASS dividend yield comparison.

Year	NCDL	CASS
2026	3.13%	1.29%
2025	14.24%	3.01%
2024	12.51%	2.96%
2023	0.00%	2.60%
2022	0.00%	2.47%
2021	0.00%	2.77%
2020	0.00%	2.78%
2019	0.00%	1.82%
2018	0.00%	1.69%
2017	0.00%	1.49%
2016	0.00%	1.21%
2015	0.00%	1.65%
2014	0.00%	1.52%
2013	0.00%	1.10%
2012	0.00%	1.53%
2011	0.00%	1.67%
2010	0.00%	1.53%
2009	0.00%	1.74%
2008	0.00%	1.61%
2007	0.00%	1.34%
2006	0.00%	1.22%
2005	0.00%	1.75%
2004	0.00%	2.40%
2003	0.00%	2.54%
2002	0.00%	3.29%
2001	0.00%	3.27%
2000	0.00%	4.57%
1999	0.00%	0.94%