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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) EV-to-FCF : 5.04 (As of May. 23, 2024)


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What is RiverNorth Flexible Municipalome Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth Flexible Municipalome Fund's Enterprise Value is $160.11 Mil. RiverNorth Flexible Municipalome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $31.79 Mil. Therefore, RiverNorth Flexible Municipalome Fund's EV-to-FCF for today is 5.04.

The historical rank and industry rank for RiverNorth Flexible Municipalome Fund's EV-to-FCF or its related term are showing as below:

RFM' s EV-to-FCF Range Over the Past 10 Years
Min: -27.23   Med: -1.01   Max: 8.72
Current: 5.09

During the past 4 years, the highest EV-to-FCF of RiverNorth Flexible Municipalome Fund was 8.72. The lowest was -27.23. And the median was -1.01.

RFM's EV-to-FCF is ranked better than
83.29% of 1059 companies
in the Asset Management industry
Industry Median: 13.46 vs RFM: 5.09

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-23), RiverNorth Flexible Municipalome Fund's stock price is $16.12. RiverNorth Flexible Municipalome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.940. Therefore, RiverNorth Flexible Municipalome Fund's PE Ratio for today is 17.15.


RiverNorth Flexible Municipalome Fund EV-to-FCF Historical Data

The historical data trend for RiverNorth Flexible Municipalome Fund's EV-to-FCF 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 Flexible Municipalome Fund EV-to-FCF Chart

RiverNorth Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EV-to-FCF
-1.00 8.50 -26.29 5.88

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial - -26.29 - 5.88 -

Competitive Comparison of RiverNorth Flexible Municipalome Fund's EV-to-FCF

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 Flexible Municipalome Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's EV-to-FCF falls into.



RiverNorth Flexible Municipalome Fund EV-to-FCF Calculation

RiverNorth Flexible Municipalome Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=160.110/31.785
=5.04

RiverNorth Flexible Municipalome Fund's current Enterprise Value is $160.11 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flexible Municipalome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $31.79 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 Flexible Municipalome Fund  (NYSE:RFM) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

RiverNorth Flexible Municipalome Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.12/0.940
=17.15

RiverNorth Flexible Municipalome Fund's share price for today is $16.12.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flexible Municipalome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.940.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


RiverNorth Flexible Municipalome Fund EV-to-FCF Related Terms

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


RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flexible Municipal Income Fund 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
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Headlines

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