AFB (Alliancebernstein National Muni Fd) EV-to-OCF: 155.56 (As of Aug. 21, 2026) — 589% Above Median

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AFB Alliancebernstein National Muni Inc Fd AFB
30 GF Score
Price $11.00
! 7 Warning Signs
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What is Alliancebernstein National Muni Fd EV-to-OCF?

Alliancebernstein National Muni Fd AFB +0.27% 30 EV-to-OCF is 155.56 as of Aug. 21, 2026, which is 589% above its 10-year median of 22.57. GuruFocus rates AFB with a GF Score™ of 30/100. The stock has 7 warning signs investors should review. Among 1,504 Asset Management companies, Alliancebernstein National Muni Fd ranks worse than 96.21% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Alliancebernstein National Muni Fd's Enterprise Value is $448.32 Mil. Alliancebernstein National Muni Fd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $2.88 Mil. Therefore, Alliancebernstein National Muni Fd's EV-to-OCF for today is 155.56.

The historical rank and industry rank for Alliancebernstein National Muni Fd's EV-to-OCF or its related term are showing as below:

AFB' s EV-to-OCF Range Over the Past 10 Years
Min: 7.68   Med: 22.57   Max: 155.56
Current: 155.56

During the past 9 years, the highest EV-to-OCF of Alliancebernstein National Muni Fd was 155.56. The lowest was 7.68. And the median was 22.57.

AFB's EV-to-OCF is ranked worse than
96.21% of 1504 companies
in the Asset Management industry
Industry Median: 5.86 vs AFB: 155.56

EV-to-OCF 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 (TTM) to determine the fair market value of a company.

As of today (2026-08-21), Alliancebernstein National Muni Fd's stock price is $11.00. Alliancebernstein National Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.800. Therefore, Alliancebernstein National Muni Fd's PE Ratio (TTM) for today is 13.75.


Alliancebernstein National Muni Fd  (NYSE:AFB) EV-to-OCF Explanation

EV-to-OCF 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 (TTM) to determine the fair market value of a company.

Alliancebernstein National Muni Fd's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.00/0.800
=13.75

Alliancebernstein National Muni Fd's share price for today is $11.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Alliancebernstein National Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.800.

* 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. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Alliancebernstein National Muni Fd EV-to-OCF Related Terms


Alliancebernstein National Muni Fd EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Alliancebernstein National Muni Fd's EV-to-OCF 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.

Alliancebernstein National Muni Fd EV-to-OCF Chart

Alliancebernstein National Muni Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only 24.31 8.66 13.28 31.92 31.86

Alliancebernstein National Muni Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 31.92 0.00 31.86 0.00

AFB vs EFR, RFI, TEI: EV-to-OCF Comparison

For the Asset Management subindustry, Alliancebernstein National Muni Fd's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Alliancebernstein National Muni Fd EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Alliancebernstein National Muni Fd's EV-to-OCF falls into.


AFB
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Alliancebernstein National Muni Inc Fd AFB
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliancebernstein National Muni Fd EV-to-OCF Calculation

Alliancebernstein National Muni Fd's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=448.319/2.882
=155.56

Alliancebernstein National Muni Fd's current Enterprise Value is $448.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Alliancebernstein National Muni Fd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $2.88 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 155.56 mean?
Alliancebernstein National Muni Fd (AFB) has a EV-to-OCF of 155.56 as of Aug. 21, 2026. This is 589% above median its historical median of 22.57. Over the past decade, Alliancebernstein National Muni Fd's EV-to-OCF has ranged from 7.68 to 155.56. According to the industry distribution chart, Alliancebernstein National Muni Fd ranks #1447 out of 1504 companies in the Asset Management industry, placing it in the top 96.2%.
Is Alliancebernstein National Muni Fd's EV-to-OCF too high?
Alliancebernstein National Muni Fd's current EV-to-OCF of 155.56 is 589% above median its 10-year median of 22.57. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 155.56. The Asset Management industry median EV-to-OCF is 5.86. Alliancebernstein National Muni Fd's value of 155.56 is 2554.6% above this industry median. Based on the distribution chart, Alliancebernstein National Muni Fd ranks #1447 out of 1504 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Alliancebernstein National Muni Fd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Alliancebernstein National Muni Fd's EV-to-OCF compare to EFR and RFI?
According to the Asset Management industry distribution chart, Alliancebernstein National Muni Fd ranks #1447 out of 1504 companies for EV-to-OCF. This places Alliancebernstein National Muni Fd in the lower half of its industry. The industry median EV-to-OCF is 5.86. Alliancebernstein National Muni Fd's value of 155.56 is 2554.6% above this benchmark. Historically, Alliancebernstein National Muni Fd's own EV-to-OCF has ranged from 7.68 to 155.56 over the past decade. While the company's 10-year median is 22.57 vs. the industry median of 5.86, Alliancebernstein National Muni Fd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.86, based on 1,504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliancebernstein National Muni Fd's current EV-to-OCF of 155.56 is 2554.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliancebernstein National Muni Fd's current EV-to-OCF is 155.56, which is 589% above median its own 10-year median of 22.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliancebernstein National Muni Fd stock overvalued right now?
Alliancebernstein National Muni Fd (AFB) has a current EV-to-OCF of 155.56. The current EV-to-OCF is 155.56, which is 589% above median its 10-year median of 22.57 and 2554.6% above the Asset Management industry median of 5.86. Alliancebernstein National Muni Fd's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Alliancebernstein National Muni Fd (AFB), the current EV-to-OCF is 155.56 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alliancebernstein National Muni Fd Business Description

Address 66 Hudson Boulevard East, New York, NY, USA, 10005
Alliancebernstein National Muni Inc Fd is a diversified, closed-end management investment company. It seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.
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