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MMD's EV-to-FCF is ranked worse than 100% of 939
companies
in the Asset Management industry
Industry Median: 14.35
vs MMD: -70.77
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.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund's PE Ratio (TTM) for today is calculated as:
NYLI MacKay DefinedTerm Muni Opportunities Fund's share price for today is $15.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NYLI MacKay DefinedTerm Muni Opportunities Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was $0.107.
* 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-FCF Related Terms
NYLI MacKay DefinedTerm Muni Opportunities Fund 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-FCF Chart
NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
* 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-FCF vs Asset Management Industry
NYLI MacKay DefinedTerm Muni Opportunities Fund's current Enterprise Value is $443.29 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NYLI MacKay DefinedTerm Muni Opportunities Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was $-6.26 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a EV-to-FCF of -70.77 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 939 companies in the Asset Management industry.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's EV-to-FCF too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current EV-to-FCF is -70.77. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 939 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's EV-to-FCF compare to RMM and PMO?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 939 companies for EV-to-FCF. This places NYLI MacKay DefinedTerm Muni Opportunities Fund in the lower half of its industry. The industry median EV-to-FCF is 14.35. 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 14.35, 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. 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 NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NYLI MacKay DefinedTerm Muni Opportunities Fund's current EV-to-FCF is -70.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund stock overvalued right now?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a current EV-to-FCF of -70.77. The current EV-to-FCF is -70.77. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 30/100 with 4 warning signs 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 NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current EV-to-FCF is -70.77 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund Business Description
NYLI MacKay DefinedTerm Muni Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company predominantly invests in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes.
30GF Score
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