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Sound Point Meridian Capital Inc

SPMCยทNYSE

$11.65

+1.7%
Financial ServicesAsset Management

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$239.26M
EPS0.0000
P/E Ratioโ€”
Earnings Date08/11/2026
SP

Sound Point Meridian Capital Inc Fair Value Envelope

SPMC ยท NYSE

Our analysis suggests that SPMC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.65, this represents a potential HIDDEN relative to our calculated worth for Sound Point Meridian Capital Inc.

Intrinsic Value
Current Price: $11.65

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$5.9M
+ Cash & Equivalents$5.8M
Firm Value$11.7M
- Debt$60.0M
Equity Value-$48.3M
/ Shares Outstanding20,233,100B
DCF Value-$2
OVERVALUED BY 121%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$3.4M
$1.7M
$841.2K
$420.6K
$210.3K
$105.2K
$52.6K
$26.3K
$13.1K
$6.6K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$3.4M
$1.7M
$841.2K
$420.6K
$210.3K
$105.2K
$52.6K
$26.3K
$13.1K
$6.6K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$3.1M
$1.4M
$667.8K
$309.2K
$143.1K
$66.3K
$30.7K
$14.2K
$6.6K
$3.0K
Terminal Value represents 0.9% of Enterprise Value