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Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Intrinsic Value: Projected FCF : $0.00 (As of Jun. 08, 2024)


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What is Federated Hermes Premier Municipalome Fund Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-06-08), Federated Hermes Premier Municipalome Fund's Intrinsic Value: Projected FCF is $0.00. The stock price of Federated Hermes Premier Municipalome Fund is $11.23. Therefore, Federated Hermes Premier Municipalome Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Federated Hermes Premier Municipalome Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

FMN's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Federated Hermes Premier Municipalome Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Federated Hermes Premier Municipalome Fund's Intrinsic Value: Projected 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.

Federated Hermes Premier Municipalome Fund Intrinsic Value: Projected FCF Chart

Federated Hermes Premier Municipalome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Intrinsic Value: Projected FCF
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Federated Hermes Premier Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Federated Hermes Premier Municipalome Fund's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Federated Hermes Premier Municipalome Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Federated Hermes Premier Municipalome Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes Premier Municipalome Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Federated Hermes Premier Municipalome Fund's Price-to-Projected-FCF falls into.



Federated Hermes Premier Municipalome Fund Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)



Federated Hermes Premier Municipalome Fund  (NYSE:FMN) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Federated Hermes Premier Municipalome Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=11.23/
=

* 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.


Federated Hermes Premier Municipalome Fund Intrinsic Value: Projected FCF Related Terms

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Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
4000 Ericsson Drive, Warrendale, PA, USA, 15086-7561
Federated Hermes Premier Municipal Income Fund is a United States-based diversified, closed-end management investment company. The investment objective of the fund is to provide current income exempt from federal income tax, including the federal alternative minimum tax. Its portfolio of investments comprises different sectors such as hospitals, toll road, senior care, airport, tobacco, and other sectors.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Christopher Donahue director, officer: Trustee and President 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Christopher Herkins other: Senior Trader 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Duwayne Walker other: Portfolio Manager 1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Madelyn A Reilly director C/O 1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Gallagher James J. Ii other: Director, Fed. Inv. Mgmt Co. 500 DELAWARE AVENUE, SUITE 1500, WILMINGTON DE 19801
Patrick Benacci other: Senior Trader 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
Meter Stephen Van officer: Chief Compliance Officer FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
John T Collins director THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109
P Jerome Richey director 1800 WASHINGTON ROAD, PITTSBURGH PA 15421-1421
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Headlines