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RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) EV-to-Revenue : 21.73 (As of Jun. 03, 2024)


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What is RiverNorth Flex Muniome Fund II EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, RiverNorth Flex Muniome Fund II's enterprise value is $523.08 Mil. RiverNorth Flex Muniome Fund II's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $24.07 Mil. Therefore, RiverNorth Flex Muniome Fund II's EV-to-Revenue for today is 21.73.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's EV-to-Revenue or its related term are showing as below:

RFMZ' s EV-to-Revenue Range Over the Past 10 Years
Min: -6.55   Med: -6.01   Max: 37.43
Current: 21.73

During the past 3 years, the highest EV-to-Revenue of RiverNorth Flex Muniome Fund II was 37.43. The lowest was -6.55. And the median was -6.01.

RFMZ's EV-to-Revenue is ranked worse than
75.95% of 1451 companies
in the Asset Management industry
Industry Median: 9.62 vs RFMZ: 21.73

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-06-03), RiverNorth Flex Muniome Fund II's stock price is $13.80. RiverNorth Flex Muniome Fund II's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.98. Therefore, RiverNorth Flex Muniome Fund II's PS Ratio for today is 14.08.


RiverNorth Flex Muniome Fund II EV-to-Revenue Historical Data

The historical data trend for RiverNorth Flex Muniome Fund II's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RiverNorth Flex Muniome Fund II EV-to-Revenue Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23
EV-to-Revenue
- -6.42 37.72

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-Revenue Get a 7-Day Free Trial - -6.42 - 37.72 -

Competitive Comparison of RiverNorth Flex Muniome Fund II's EV-to-Revenue

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RiverNorth Flex Muniome Fund II's EV-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's EV-to-Revenue falls into.



RiverNorth Flex Muniome Fund II EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

RiverNorth Flex Muniome Fund II's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=523.076/24.07
=21.73

RiverNorth Flex Muniome Fund II's current Enterprise Value is $523.08 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flex Muniome Fund II's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $24.07 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RiverNorth Flex Muniome Fund II  (NYSE:RFMZ) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

RiverNorth Flex Muniome Fund II's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=13.80/0.98
=14.08

RiverNorth Flex Muniome Fund II's share price for today is $13.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. {COMPANY->company}'s Revenue per Sharefor the trailing twelve months (TTM) ended in Dec. 2023 was $0.98.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RiverNorth Flex Muniome Fund II EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of RiverNorth Flex Muniome Fund II's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
Executives
Scott Sprauer officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Robert A Dimella officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc officer: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
David Dowden officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
John M Loffredo officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke officer: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Headlines