JCE (Nuveen Core Equity Alpha Fund) EV-to-OCF: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JCE Nuveen Core Equity Alpha Fund JCE
58 GF Score
Price $16.95
GF Value $15.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Nuveen Core Equity Alpha Fund EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nuveen Core Equity Alpha Fund's Enterprise Value is $288.15 Mil. Nuveen Core Equity Alpha Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $0.00 Mil. Therefore, Nuveen Core Equity Alpha Fund's EV-to-OCF for today is .

The historical rank and industry rank for Nuveen Core Equity Alpha Fund's EV-to-OCF or its related term are showing as below:

JCE's EV-to-OCF is not ranked *
in the Asset Management industry.
Industry Median: 5.95
* Ranked among companies with meaningful EV-to-OCF only.

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 (2026-08-09), Nuveen Core Equity Alpha Fund's stock price is $16.95. Nuveen Core Equity Alpha Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.700. Therefore, Nuveen Core Equity Alpha Fund's PE Ratio (TTM) for today is 6.28.


Nuveen Core Equity Alpha Fund  (NYSE:JCE) 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.

Nuveen Core Equity Alpha Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.95/2.700
=6.28

Nuveen Core Equity Alpha Fund's share price for today is $16.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Core Equity Alpha Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.700.

* 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.


Nuveen Core Equity Alpha Fund EV-to-OCF Related Terms


Nuveen Core Equity Alpha Fund EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Nuveen Core Equity Alpha Fund'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.

Nuveen Core Equity Alpha Fund EV-to-OCF Chart

Nuveen Core Equity Alpha Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nuveen Core Equity Alpha Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

JCE vs ACV, DBL, BGH: EV-to-OCF Comparison

For the Asset Management subindustry, Nuveen Core Equity Alpha Fund'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.


Nuveen Core Equity Alpha Fund EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Core Equity Alpha Fund's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Nuveen Core Equity Alpha Fund's EV-to-OCF falls into.


JCE
58GF Score
Nuveen Core Equity Alpha Fund JCE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Core Equity Alpha Fund EV-to-OCF Calculation

Nuveen Core Equity Alpha Fund's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=288.146/0
=

Nuveen Core Equity Alpha Fund's current Enterprise Value is $288.15 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Core Equity Alpha Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $0.00 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.

Is Nuveen Core Equity Alpha Fund (JCE) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Core Equity Alpha Fund stock appears to be overvalued. The current stock price of $16.95 is trading 9.9% above its estimated GF Value™ of $15.42. GuruFocus considers Nuveen Core Equity Alpha Fund to be Fairly Valued.

Key valuation signals for JCE:

  • EV-to-OCF:
  • GF Value™: $15.42 vs. price of $16.95 (9.9% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the JCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Core Equity Alpha Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance. Additionally, the Fund seeks to reduce the volatility of its returns relative to the returns of the Equity Portfolio over extended periods by writing (selling) index call options and/or call options on custom baskets of securities.
58GF Score

Get the complete analysis for JCE

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.95
Price
$15.42
GF Value