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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) EV-to-FCF : 9.11 (As of May. 16, 2024)


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What is Nuveen Municipal Credit Opps Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nuveen Municipal Credit Opps Fund's Enterprise Value is $582.55 Mil. Nuveen Municipal Credit Opps Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $63.98 Mil. Therefore, Nuveen Municipal Credit Opps Fund's EV-to-FCF for today is 9.11.

The historical rank and industry rank for Nuveen Municipal Credit Opps Fund's EV-to-FCF or its related term are showing as below:

NMCO' s EV-to-FCF Range Over the Past 10 Years
Min: -2.08   Med: 30.16   Max: 51.8
Current: 9.11

During the past 5 years, the highest EV-to-FCF of Nuveen Municipal Credit Opps Fund was 51.80. The lowest was -2.08. And the median was 30.16.

NMCO's EV-to-FCF is ranked better than
66.48% of 1059 companies
in the Asset Management industry
Industry Median: 13.68 vs NMCO: 9.11

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 (2024-05-16), Nuveen Municipal Credit Opps Fund's stock price is $10.63. Nuveen Municipal Credit Opps Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.470. Therefore, Nuveen Municipal Credit Opps Fund's PE Ratio for today is At Loss.


Nuveen Municipal Credit Opps Fund EV-to-FCF Historical Data

The historical data trend for Nuveen Municipal Credit Opps 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.

Nuveen Municipal Credit Opps Fund EV-to-FCF Chart

Nuveen Municipal Credit Opps Fund Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-FCF
- -1.51 36.96 44.12 7.43

Nuveen Municipal Credit Opps Fund Semi-Annual Data
Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only 36.96 - 44.12 - 7.43

Competitive Comparison of Nuveen Municipal Credit Opps Fund's EV-to-FCF

For the Asset Management subindustry, Nuveen Municipal Credit Opps 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.


Nuveen Municipal Credit Opps Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Credit Opps Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Credit Opps Fund's EV-to-FCF falls into.



Nuveen Municipal Credit Opps Fund EV-to-FCF Calculation

Nuveen Municipal Credit Opps Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=582.550/63.977
=9.11

Nuveen Municipal Credit Opps Fund's current Enterprise Value is $582.55 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Municipal Credit Opps Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $63.98 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.


Nuveen Municipal Credit Opps Fund  (NYSE:NMCO) 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.

Nuveen Municipal Credit Opps Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.63/-0.470
=At Loss

Nuveen Municipal Credit Opps Fund's share price for today is $10.63.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Municipal Credit Opps Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.470.

* 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.


Nuveen Municipal Credit Opps Fund EV-to-FCF Related Terms

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


Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Executives
Terence J Toth other: Chairman of the Board
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Headlines

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