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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Price-to-Free-Cash-Flow : 9.11 (As of May. 16, 2024)


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What is Nuveen Municipal Credit Opps Fund Price-to-Free-Cash-Flow?

As of today (2024-05-16), Nuveen Municipal Credit Opps Fund's share price is $10.63. Nuveen Municipal Credit Opps Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $1.17. Hence, Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow Ratio for today is 9.11.

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

NMCO' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.85   Med: 35.33   Max: 50.82
Current: 9.11

During the past 5 years, Nuveen Municipal Credit Opps Fund's highest Price-to-Free-Cash-Flow Ratio was 50.82. The lowest was 7.85. And the median was 35.33.

NMCO's Price-to-Free-Cash-Flow is ranked better than
64.82% of 1009 companies
in the Asset Management industry
Industry Median: 12.87 vs NMCO: 9.11

Nuveen Municipal Credit Opps Fund's Free Cash Flow per Share for the six months ended in Oct. 2023 was $0.73. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.17.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Nuveen Municipal Credit Opps Fund was 379.50% per year.


Nuveen Municipal Credit Opps Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Nuveen Municipal Credit Opps Fund Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Free-Cash-Flow
- - 37.14 42.58 7.41

Nuveen Municipal Credit Opps Fund Semi-Annual Data
Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only 37.14 - 42.58 - 7.41

Competitive Comparison of Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow falls into.



Nuveen Municipal Credit Opps Fund Price-to-Free-Cash-Flow Calculation

Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=10.63/1.167
=9.11

Nuveen Municipal Credit Opps Fund's Share Price of today is $10.63.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Municipal Credit Opps Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $1.17.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Nuveen Municipal Credit Opps Fund  (NYSE:NMCO) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Nuveen Municipal Credit Opps Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Nuveen Municipal Credit Opps Fund's Price-to-Free-Cash-Flow 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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