Nuveen Municipal Valuation
| NMCO Fund | USD 11.24 0.07 0.63% |
At this time, the fund appears to be fairly valued. Nuveen Municipal Credit secures a last-minute Real Value of $11.12 per share. The latest price of the fund is $11.24. We determine the value of Nuveen Municipal Credit from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nuveen Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Municipal Credit secures a last-minute Real Value of $11.12 per share. The latest price of the fund is $11.24. We determine the value of Nuveen Municipal Credit from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.24 | Real 11.12 | Hype 11.24 | Naive 11.34 |
The intrinsic value of Nuveen Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Municipal Credit helps investors to forecast how Nuveen fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Municipal more accurately as focusing exclusively on Nuveen Municipal's fundamentals will not take into account other important factors: Nuveen Municipal Total Value Analysis
Nuveen Municipal Credit is now forecasted to have valuation of 1.02 B with market capitalization of 587.55 M, debt of 474.86 M, and cash on hands of 4.77 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Nuveen Municipal fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.02 B | 587.55 M | 474.86 M | 4.77 M |
Nuveen Municipal Asset Utilization
One of the ways to look at asset utilization of Nuveen is to check how much profit was generated for every dollar of assets it reports. Nuveen Municipal Credit makes use of its assets almost 2.36 %, making $0.0236 for each dollar of assets held by the fund. A positive asset utilization conveys that the company is slightly more effective with each dollar of assets it secures. Strictly speaking, asset utilization of Nuveen Municipal shows how effective it operates for each dollar spent on its assets.Nuveen Municipal Ownership Allocation
Nuveen Municipal Credit maintains a total of 53.32 Million outstanding shares. Roughly 85.59 % of Nuveen Municipal outstanding shares are held by general public with 14.41 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen Municipal Profitability Analysis
The company reported the previous year's revenue of 59.47 M. Net Loss for the year was (54.81 M) with profit before overhead, payroll, taxes, and interest of 61.21 M.About Nuveen Municipal Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Nuveen Municipal Credit. In general, an absolute valuation paradigm, as applied to this fund, attempts to find the value of Nuveen Municipal Credit based exclusively on its fundamental and basic technical indicators. By analyzing Nuveen Municipal's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Nuveen Municipal's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Municipal. We calculate exposure to Nuveen Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen Municipal's related companies.Other Information on Investing in Nuveen Fund
Nuveen Municipal financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Municipal security.
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