MSDL - NYSE

Morgan Stanley Direct Lending Fund

MSDL·NYSE

$15.15

-2.8%

Financial ServicesFinancial - Conglomerates

Morgan Stanley Direct Lending Fund is a business development and finance company, which engages in lending to middle-market companies. It invests in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The company was founded on May 30, 2019 and is headquartered in New York, NY.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.28B

EPS1.4000

P/E Ratio10.82

Earnings Date08/06/2026

msdl

Free Cash Flow

Last Annual Value

150.90M

3-Year CAGR

5-Year CAGR

65%

10-Year CAGR

28%

Adjust for Inflation

Morgan Stanley Direct Lending Fund Competitors Analysis of Free Cash Flow

MSDL · NYSE

Company	Free Cash Flow	CAGR 3Y	CAGR 5Y	CAGR 10Y
Morgan Stanley Direct Lending Fund NYSE:MSDL	150.90M	-6.7%	17.4%	N/A
TriCo Bancshares NASDAQ:TCBK	127.93M	-1.5%	-0.2%	13.1%
Merchants Bancorp NASDAQ:MBIN	-376.67M	N/A	N/A	N/A
1st Source Corporation NASDAQ:SRCE	213.03M	5.4%	5.4%	13.7%
S&T Bancorp, Inc. NASDAQ:STBA	128.85M	-8.0%	-9.4%	3.3%
First Merchants Corporation NASDAQ:FRME	283.65M	3.1%	5.7%	10.6%
General American Investors Company, Inc. NYSE:GAM	0.00	N/A	N/A	N/A
Central Securities Corp. NYSE:CET	37.27M	0.4%	-8.3%	5.0%
Oxford Lane Capital Corp. NASDAQ:OXLC	696.20M	N/A	41.2%	26.7%

Morgan Stanley Direct Lending Fund Fair Value Envelope

MSDL · NYSE

Our analysis suggests that MSDL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.15, this represents a potential HIDDEN relative to our calculated worth for Morgan Stanley Direct Lending Fund.

HIDDEN

Intrinsic Value

Current Price: $15.15

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