NML (Neuberger Berman Energy Infrastructure &ome Fund) EV-to-OCF: 52.17 (As of Jul. 25, 2026) — 759% Above Median

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NML Neuberger Berman Energy Infrastructure & Income Fund Inc NML
31 GF Score
Price $10.72
GF Value $0.50
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF?

Neuberger Berman Energy Infrastructure &ome Fund NML +0.19% 31 EV-to-OCF is 52.17 as of Jul. 25, 2026, which is 759% above its 10-year median of 6.07. GuruFocus rates NML with a GF Score™ of 31/100 and a GF Value™ of $0.50 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,508 Asset Management companies, Neuberger Berman Energy Infrastructure &ome Fund ranks worse than 90.58% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Neuberger Berman Energy Infrastructure &ome Fund's Enterprise Value is $737.88 Mil. Neuberger Berman Energy Infrastructure &ome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was $14.14 Mil. Therefore, Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF for today is 52.17.

The historical rank and industry rank for Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF or its related term are showing as below:

NML' s EV-to-OCF Range Over the Past 10 Years
Min: -36.7   Med: 6.07   Max: 52.17
Current: 52.17

During the past 13 years, the highest EV-to-OCF of Neuberger Berman Energy Infrastructure &ome Fund was 52.17. The lowest was -36.70. And the median was 6.07.

NML's EV-to-OCF is ranked worse than
90.58% of 1508 companies
in the Asset Management industry
Industry Median: 6.26 vs NML: 52.17

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 (2026-07-25), Neuberger Berman Energy Infrastructure &ome Fund's stock price is $10.72. Neuberger Berman Energy Infrastructure &ome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was $0.088. Therefore, Neuberger Berman Energy Infrastructure &ome Fund's PE Ratio (TTM) for today is 121.82.


Neuberger Berman Energy Infrastructure &ome Fund  (AMEX:NML) 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.

Neuberger Berman Energy Infrastructure &ome Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.72/0.088
=121.82

Neuberger Berman Energy Infrastructure &ome Fund's share price for today is $10.72.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Energy Infrastructure &ome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was $0.088.

* 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.


Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF Related Terms


Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Energy Infrastructure &ome 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.

Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF Chart

Neuberger Berman Energy Infrastructure &ome Fund Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.04 -36.18 15.94 16.91 44.08

Neuberger Berman Energy Infrastructure &ome Fund Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 Premium Member Only Premium Member Only 15.94 0.00 16.91 0.00 44.08

NML vs VKQ, CHW, ETJ: EV-to-OCF Comparison

For the Asset Management subindustry, Neuberger Berman Energy Infrastructure &ome 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.


Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF falls into.


NML
31GF Score
Neuberger Berman Energy Infrastructure & Income Fund Inc NML
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman Energy Infrastructure &ome Fund EV-to-OCF Calculation

Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=737.884/14.143
=52.17

Neuberger Berman Energy Infrastructure &ome Fund's current Enterprise Value is $737.88 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Energy Infrastructure &ome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was $14.14 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 52.17 mean?
Neuberger Berman Energy Infrastructure &ome Fund (NML) has a EV-to-OCF of 52.17 as of Jul. 25, 2026. This is 759% above median its historical median of 6.07. According to the industry distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #1366 out of 1508 companies in the Asset Management industry, placing it in the top 90.6%.
Is Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF too high?
Neuberger Berman Energy Infrastructure &ome Fund's current EV-to-OCF of 52.17 is 759% above median its 10-year median of 6.07. The Asset Management industry median EV-to-OCF is 6.26. Neuberger Berman Energy Infrastructure &ome Fund's value of 52.17 is 733.4% above this industry median. Based on the distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #1366 out of 1508 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Berman Energy Infrastructure &ome Fund has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Energy Infrastructure &ome Fund's EV-to-OCF compare to VKQ and CHW?
According to the Asset Management industry distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #1366 out of 1508 companies for EV-to-OCF. This places Neuberger Berman Energy Infrastructure &ome Fund in the lower half of its industry. The industry median EV-to-OCF is 6.26. Neuberger Berman Energy Infrastructure &ome Fund's value of 52.17 is 733.4% above this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 6.26, Neuberger Berman Energy Infrastructure &ome Fund 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 6.26, based on 1,508 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. Neuberger Berman Energy Infrastructure &ome Fund's current EV-to-OCF of 52.17 is 733.4% 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 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Energy Infrastructure &ome Fund's current EV-to-OCF is 52.17, which is 759% above median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Energy Infrastructure &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $10.72 — trading 2044% above its estimated fair value. The current EV-to-OCF is 52.17, which is 759% above median its 10-year median of 6.07 and 733.4% above the Asset Management industry median of 6.26. Neuberger Berman Energy Infrastructure &ome Fund's overall GF Score™ is 31/100 with 10 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 Neuberger Berman Energy Infrastructure &ome Fund (NML), the current EV-to-OCF is 52.17 as of Jul. 25, 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.

Is Neuberger Berman Energy Infrastructure &ome Fund (NML) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund stock appears to be overvalued. The current stock price of $10.72 is trading 2044% above its estimated GF Value™ of $0.50. GuruFocus considers Neuberger Berman Energy Infrastructure &ome Fund to be Significantly Overvalued.

Key valuation signals for NML:

  • EV-to-OCF: 52.17 (759% above median its 10-year median of 6.07)
  • GF Value™: $0.50 vs. price of $10.72 (2044% above fair value)
  • GF Score™: 31/100 with 10 warning signs
  • Industry Position: 733.4% above the Asset Management median (#1366 of 1508)

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


Neuberger Berman Energy Infrastructure &ome Fund Business Description

Address C/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Energy Infrastructure & Income Fund Inc is a closed-end investment management company based in the United States. Invest in Capital Markets, Chemicals, Oil, Gas & Consumable Fuels, Electric Utilities, Independent Power and Renewable Electricity Producers, Multi Utilities. Maximum is done in Oil, Gas & Consumable Fuels.
31GF Score

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

$10.72
Price
$0.50
GF Value