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Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Enterprise Value : $440.63 Mil (As of May. 25, 2024)


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What is Nuveen Dividend Advantage Muni Fund 2 Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nuveen Dividend Advantage Muni Fund 2's Enterprise Value is $440.63 Mil. Nuveen Dividend Advantage Muni Fund 2's Revenue for the trailing twelve months (TTM) ended in Oct. 2015 was $28.80 Mil. Therefore, Nuveen Dividend Advantage Muni Fund 2's EV-to-Revenue ratio for today is 15.30.


Nuveen Dividend Advantage Muni Fund 2 Enterprise Value Historical Data

The historical data trend for Nuveen Dividend Advantage Muni Fund 2's Enterprise Value 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.

* Premium members only.

Nuveen Dividend Advantage Muni Fund 2 Enterprise Value Chart

Nuveen Dividend Advantage Muni Fund 2 Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Enterprise Value
Get a 7-Day Free Trial 409.52 460.75 383.01 416.24 405.87

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 383.01 407.98 416.24 418.90 405.87

Competitive Comparison of Nuveen Dividend Advantage Muni Fund 2's Enterprise Value

For the Asset Management subindustry, Nuveen Dividend Advantage Muni Fund 2's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Dividend Advantage Muni Fund 2's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dividend Advantage Muni Fund 2's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Nuveen Dividend Advantage Muni Fund 2's Enterprise Value falls into.



Nuveen Dividend Advantage Muni Fund 2 Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Nuveen Dividend Advantage Muni Fund 2's Enterprise Value for the fiscal year that ended in Oct. 2015 is calculated as

Nuveen Dividend Advantage Muni Fund 2's Enterprise Value for the quarter that ended in Oct. 2015 is calculated as

* 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 Dividend Advantage Muni Fund 2  (AMEX:NXZ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Nuveen Dividend Advantage Muni Fund 2's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=440.630/28.801
=15.30

Nuveen Dividend Advantage Muni Fund 2's current Enterprise Value is $440.63 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nuveen Dividend Advantage Muni Fund 2's Revenue for the trailing twelve months (TTM) ended in Oct. 2015 was $28.80 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.


Nuveen Dividend Advantage Muni Fund 2 Enterprise Value Related Terms

Thank you for viewing the detailed overview of Nuveen Dividend Advantage Muni Fund 2's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen Dividend Advantage Muni Fund 2 invests in municipal securities that are exempt from federal income taxes. The Company's investment objective is to provide current income exempt from regular federal income tax and to enhance portfolio value.
Executives
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Spalding Thomas C Jr officer: V.P. & Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Douglas J White other: Portfolio Manager 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Virginia Stringer other: Trustee 800 NICOLLET MALL, C/O US BANCORP ASSET MANAGEMENT, MINNEAPOLIS MI 55402
Kathleen L Prudhomme officer: Vice President 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606

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