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BTA's EV-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 14.18
vs BTA: 20.16
EV-to-FCF 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.
Blackrock Long-term Municipal AdtgTrust (NYSE:BTA) EV-to-FCF Explanation
EV-to-FCF 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.
Blackrock Long-term Municipal AdtgTrust's PE Ratio (TTM) for today is calculated as:
Blackrock Long-term Municipal AdtgTrust's share price for today is $10.04.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Long-term Municipal AdtgTrust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2025 was $-0.650.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Blackrock Long-term Municipal AdtgTrust EV-to-FCF Related Terms
Blackrock Long-term Municipal AdtgTrust EV-to-FCF 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.
Blackrock Long-term Municipal AdtgTrust EV-to-FCF Chart
Blackrock Long-term Municipal AdtgTrust Annual Data
For the Asset Management subindustry, Blackrock Long-term Municipal AdtgTrust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Blackrock Long-term Municipal AdtgTrust EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Long-term Municipal AdtgTrust's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's EV-to-FCF falls into.
Blackrock Long-term Municipal AdtgTrust's current Enterprise Value is $134.94 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Long-term Municipal AdtgTrust's Free Cash Flow for the trailing twelve months (TTM) ended in Jul. 2025 was $6.69 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.
Blackrock Long-term Municipal AdtgTrust (BTA) has a EV-to-FCF of 20.16 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. This is 11% above median its historical median of 18.15. Over the past decade, Blackrock Long-term Municipal AdtgTrust's EV-to-FCF has ranged from 4.53 to 33.13.
Is Blackrock Long-term Municipal AdtgTrust's EV-to-FCF too high?
Blackrock Long-term Municipal AdtgTrust's current EV-to-FCF of 20.16 is 11% above median its 10-year median of 18.15. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 33.13. The Asset Management industry median EV-to-FCF is 14.18. Blackrock Long-term Municipal AdtgTrust's value of 20.16 is 42.2% above this industry median. Overall, Blackrock Long-term Municipal AdtgTrust has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Long-term Municipal AdtgTrust's EV-to-FCF compare to CIK and BGX?
Blackrock Long-term Municipal AdtgTrust's EV-to-FCF of 20.16 can be compared against companies in the Asset Management industry. The industry median EV-to-FCF is 14.18. Blackrock Long-term Municipal AdtgTrust's value of 20.16 is 42.2% above this benchmark. Historically, Blackrock Long-term Municipal AdtgTrust's own EV-to-FCF has ranged from 4.53 to 33.13 over the past decade. While the company's 10-year median is 18.15 vs. the industry median of 14.18, Blackrock Long-term Municipal AdtgTrust 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.18, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Long-term Municipal AdtgTrust's current EV-to-FCF of 20.16 is 42.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Long-term Municipal AdtgTrust's current EV-to-FCF is 20.16, which is 11% above median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Long-term Municipal AdtgTrust stock overvalued right now?
Blackrock Long-term Municipal AdtgTrust (BTA) has a current EV-to-FCF of 20.16. The current EV-to-FCF is 20.16, which is 11% above median its 10-year median of 18.15 and 42.2% above the Asset Management industry median of 14.18. Blackrock Long-term Municipal AdtgTrust's overall GF Score™ is 18/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Blackrock Long-term Municipal AdtgTrust (BTA), the current EV-to-FCF is 20.16 as of Jul. 21, 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.
Blackrock Long-term Municipal AdtgTrust Business Description
Blackrock Long-term Municipal AdtgTrust is a diversified closed-end investment trust. Its investment objective is to provide current income exempt from regular U.S. federal income tax. The fund, under normal market conditions, invests a majority of its managed assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are expected to pay interest or income that is exempt from U.S. federal income tax. Its investment portfolio comprises dollar-weighted, long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund's investments have exposure to various sectors such as Corporate, Health, County/City/Special District/School District, Transportation, Education, Utilities, State, Tobacco, etc.
18GF Score
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