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.
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.
NML's EV-to-OCF is ranked worse than 85.48% of 1495
companies
in the Asset Management industry
Industry Median: 5.41
vs NML: 33.73
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 Energy Infrastructure andome 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 Energy Infrastructure andome Fund's PE Ratio (TTM) for today is calculated as:
Neuberger Energy Infrastructure andome Fund's share price for today is $10.85.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Energy Infrastructure andome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $2.448.
* 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 Energy Infrastructure andome Fund EV-to-OCF Related Terms
Neuberger Energy Infrastructure andome Fund 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.
Neuberger Energy Infrastructure andome Fund EV-to-OCF Chart
Neuberger Energy Infrastructure andome Fund Annual Data
For the Asset Management subindustry, Neuberger Energy Infrastructure andome 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 Energy Infrastructure andome Fund EV-to-OCF vs Asset Management Industry
* 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 Energy Infrastructure andome Fund (NML) has a EV-to-OCF of 33.73 as of Sep. 10, 2026. This is 251% above median its historical median of 9.61. According to the industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #1278 out of 1495 companies in the Asset Management industry, placing it in the top 85.5%.
Is Neuberger Energy Infrastructure andome Fund's EV-to-OCF too high?
Neuberger Energy Infrastructure andome Fund's current EV-to-OCF of 33.73 is 251% above median its 10-year median of 9.61. The Asset Management industry median EV-to-OCF is 5.41. Neuberger Energy Infrastructure andome Fund's value of 33.73 is 523.5% above this industry median. Based on the distribution chart, Neuberger Energy Infrastructure andome Fund ranks #1278 out of 1495 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Energy Infrastructure andome 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 Energy Infrastructure andome Fund's EV-to-OCF compare to DSU and MHD?
According to the Asset Management industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #1278 out of 1495 companies for EV-to-OCF. This places Neuberger Energy Infrastructure andome Fund in the lower half of its industry. The industry median EV-to-OCF is 5.41. Neuberger Energy Infrastructure andome Fund's value of 33.73 is 523.5% above this benchmark. While the company's 10-year median is 9.61 vs. the industry median of 5.41, Neuberger Energy Infrastructure andome 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 5.41, based on 1,495 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 Energy Infrastructure andome Fund's current EV-to-OCF of 33.73 is 523.5% 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 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Energy Infrastructure andome Fund's current EV-to-OCF is 33.73, which is 251% above median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Energy Infrastructure andome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $10.85 — trading 2114.3% above its estimated fair value. The current EV-to-OCF is 33.73, which is 251% above median its 10-year median of 9.61 and 523.5% above the Asset Management industry median of 5.41. Neuberger Energy Infrastructure andome Fund's overall GF Score™ is 31/100 with 9 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 Energy Infrastructure andome Fund (NML), the current EV-to-OCF is 33.73 as of Sep. 10, 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 Energy Infrastructure andome Fund (NML) Overvalued in 2026?
Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund stock appears to be overvalued.
The current stock price of $10.85 is trading 2114.3% above its estimated GF Value™ of $0.49.
GuruFocus considers Neuberger Energy Infrastructure andome Fund to be Significantly Overvalued.
Key valuation signals for NML:
EV-to-OCF: 33.73 (251% above median its 10-year median of 9.61)
GF Value™: $0.49 vs. price of $10.85 (2114.3% above fair value)
Industry Position: 523.5% above the Asset Management median (#1278 of 1495)
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 & 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
Get the complete analysis for NML
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NML has been successfully added to your 
