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What is Western Asset Managed Municipals Fd EV-to-OCF?
Western Asset Managed Municipals FdMMU -0.10%32 EV-to-OCF is 14.48 as of Aug. 04, 2026, which is 22% below its 10-year median of 18.52. GuruFocus rates MMU with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,509 Asset Management companies, Western Asset Managed Municipals Fd ranks worse than 68.79% on this metric.
MMU'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.84 Med: 18.52 Max: 36.02
Current: 14.48
During the past 9 years, the highest EV-to-OCF of Western Asset Managed Municipals Fd was 36.02. The lowest was 8.84. And the median was 18.52.
MMU's EV-to-OCF is ranked worse than 68.79% of 1509
companies
in the Asset Management industry
Industry Median: 6.11
vs MMU: 14.48
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.
Western Asset Managed Municipals Fd (NYSE:MMU) 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.
Western Asset Managed Municipals Fd's PE Ratio (TTM) for today is calculated as:
Western Asset Managed Municipals Fd's share price for today is $10.02.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Managed Municipals Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $0.950.
* 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.
Western Asset Managed Municipals Fd EV-to-OCF Related Terms
Western Asset Managed Municipals Fd EV-to-OCF Historical Data
* 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.
Western Asset Managed Municipals Fd EV-to-OCF Chart
For the Asset Management subindustry, Western Asset Managed Municipals 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.
Western Asset Managed Municipals Fd EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Western Asset Managed Municipals Fd's EV-to-OCF falls into.
* 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.
Western Asset Managed Municipals Fd (MMU) has a EV-to-OCF of 14.48 as of Aug. 04, 2026. This is 22% below median its historical median of 18.52. Over the past decade, Western Asset Managed Municipals Fd's EV-to-OCF has ranged from 8.84 to 36.02. According to the industry distribution chart, Western Asset Managed Municipals Fd ranks #1038 out of 1509 companies in the Asset Management industry, placing it in the top 68.8%.
Is Western Asset Managed Municipals Fd's EV-to-OCF too high?
Western Asset Managed Municipals Fd's current EV-to-OCF of 14.48 is 22% below median its 10-year median of 18.52. Over the past 10 years, this metric has ranged from a low of 8.84 to a high of 36.02. The Asset Management industry median EV-to-OCF is 6.11. Western Asset Managed Municipals Fd's value of 14.48 is 137% above this industry median. Based on the distribution chart, Western Asset Managed Municipals Fd ranks #1038 out of 1509 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset Managed Municipals Fd has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Managed Municipals Fd's EV-to-OCF compare to BME and CHW?
According to the Asset Management industry distribution chart, Western Asset Managed Municipals Fd ranks #1038 out of 1509 companies for EV-to-OCF. This places Western Asset Managed Municipals Fd in the lower half of its industry. The industry median EV-to-OCF is 6.11. Western Asset Managed Municipals Fd's value of 14.48 is 137% above this benchmark. Historically, Western Asset Managed Municipals Fd's own EV-to-OCF has ranged from 8.84 to 36.02 over the past decade. While the company's 10-year median is 18.52 vs. the industry median of 6.11, Western Asset Managed Municipals 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 6.11, based on 1,509 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. Western Asset Managed Municipals Fd's current EV-to-OCF of 14.48 is 137% 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 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Managed Municipals Fd's current EV-to-OCF is 14.48, which is 22% below median its own 10-year median of 18.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Managed Municipals Fd stock overvalued right now?
Western Asset Managed Municipals Fd (MMU) has a current EV-to-OCF of 14.48. The current EV-to-OCF is 14.48, which is 22% below median its 10-year median of 18.52 and 137% above the Asset Management industry median of 6.11. Western Asset Managed Municipals Fd's overall GF Score™ is 32/100 with 4 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 Western Asset Managed Municipals Fd (MMU), the current EV-to-OCF is 14.48 as of Aug. 04, 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.
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempted from federal income tax as is consistent with the preservation of principal. The fund predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations).
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