What is Pioneer Municipal Highome Opportunities Fund Earnings Power Value (EPV)?
As of Oct23, Pioneer Municipal Highome Opportunities Fund's earnings power value is $-1.53. *
* GuruFocus does not store EPV value into our database if Average Maintenance CAPEX is 0.
Margin of Safety is
N/A.
The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future. Assumption: Current profitability is sustainable.
Pioneer Municipal Highome Opportunities Fund Earnings Power Value (EPV) Historical Data
The historical data trend for Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV) 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.
Pioneer Municipal Highome Opportunities Fund Earnings Power Value (EPV) Chart
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Pioneer Municipal Highome Opportunities Fund Annual Data
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Trend |
Apr22 |
Apr23 |
| Earnings Power Value (EPV) |
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- |
- |
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Pioneer Municipal Highome Opportunities Fund Quarterly Data
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Oct21 |
Apr22 |
Oct22 |
Apr23 |
Oct23 |
| Earnings Power Value (EPV) |
- |
- |
- |
- |
- |
Competitive Comparison of Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV)
For the Asset Management subindustry, Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV), along with its competitors' market caps and Earnings Power Value (EPV) 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.
Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV) Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV) distribution charts can be found below:
* The bar in red indicates where Pioneer Municipal Highome Opportunities Fund's Earnings Power Value (EPV) falls into.
Pioneer Municipal Highome Opportunities Fund Earnings Power Value (EPV) Calculation
Earnings Power Value also known as just Earnings Power is a valuation technique popularised by Bruce Greenwald, an authority on value investing at Columbia University. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future.
The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. This valuation tool excludes the potential growth that a company may have so that needs to be looked at separately. Since future growth is excluded from the analysis, only the maintenance capital expenditures are subtracted from after-tax EBIT (earnings before interest and taxes) and growth capex is ignored.
Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Business Description
Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Municipal High Income Opportunities Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide holders of the Fund's common stock with a high level of current income exempt from regular federal income tax.
Executives
| Yana Karalnik |
officer: CHIEF COMPLIANCE OFFICER |
60 STATE STREET, BOSTON MA 02109 |
| Marguerite A Piret |
other: Trustee |
C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109 |
| Koenig Anthony J Jr |
officer: Treasurer |
60 STATE STREET, BOSTON MA 02109 |
| Michael Melnick |
officer: Assistant Treasurer |
60 STATE STREET, BOSTON MA 02109 |
| David Eurkus |
other: Affiliated Person |
PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109 |
| Jonathan Chirunga |
other: Affiliated Person |
60 STATE STREET, BOSTON MA 02109 |
| Craig C Mackay |
other: Trustee |
75 WEST 125TH STREET, NEW YORK NY 10027 |
| Christopher J Kelley |
officer: Secretary |
C/O PIONEER INVESTMENT, 60 STATE ST, BOSTON MA 01109-1820 |
| Luis I Presutti |
officer: Assistant Treasurer |
|
| Gary Sullivan |
officer: Assistant Treasurer |
60 STAT STREET, C/OPIONEER INVESTMENT MANAGEMENT INC, BOSTON MA 02109 |
| Amundi Asset Management Us, Inc. |
other: Investment Adviser |
60 STATE STREET, 5TH FLOOR, BOSTON MA 02109 |
| Thomas J Perna |
other: Trustee |
89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922 |
| Benjamin M Friedman |
other: Trustee |
C/O HARVARD UNIVERSITY, CAMBRIDGE MA 02138 |
| Thomas J Reyes |
officer: Assistant Secretary |
60 STATE STREET, 13TH FLOOR, BOSTON MA 02109 |
| Kenneth Taubes |
other: Trustee |
|
Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Headlines
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