MUA (Blackrock Muniassets Fund) EV-to-FCF: 31.68 (As of Jul. 25, 2026) — 46% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MUA Blackrock Muniassets Fund Inc MUA
33 GF Score
Price $10.46
! 3 Warning Signs
View Full Analysis

What is Blackrock Muniassets Fund EV-to-FCF?

Blackrock Muniassets Fund MUA -0.38% 33 EV-to-FCF is 31.68 as of Jul. 25, 2026, which is 46% above its 10-year median of 21.68. GuruFocus rates MUA with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 939 Asset Management companies, Blackrock Muniassets Fund ranks worse than 76.25% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Blackrock Muniassets Fund's Enterprise Value is $526.98 Mil. Blackrock Muniassets Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was $16.64 Mil. Therefore, Blackrock Muniassets Fund's EV-to-FCF for today is 31.68.

The historical rank and industry rank for Blackrock Muniassets Fund's EV-to-FCF or its related term are showing as below:

MUA' s EV-to-FCF Range Over the Past 10 Years
Min: -3.8   Med: 21.68   Max: 105.34
Current: 31.68

During the past 8 years, the highest EV-to-FCF of Blackrock Muniassets Fund was 105.34. The lowest was -3.80. And the median was 21.68.

MUA's EV-to-FCF is ranked worse than
76.25% of 939 companies
in the Asset Management industry
Industry Median: 14.35 vs MUA: 31.68

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.

As of today (2026-07-25), Blackrock Muniassets Fund's stock price is $10.46. Blackrock Muniassets Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was $0.304. Therefore, Blackrock Muniassets Fund's PE Ratio (TTM) for today is 34.41.


Blackrock Muniassets Fund  (NYSE:MUA) 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 Muniassets Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.46/0.304
=34.41

Blackrock Muniassets Fund's share price for today is $10.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Muniassets Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was $0.304.

* 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 Muniassets Fund EV-to-FCF Related Terms


Blackrock Muniassets Fund EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Blackrock Muniassets Fund's EV-to-FCF 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.

Blackrock Muniassets Fund EV-to-FCF Chart

Blackrock Muniassets Fund Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24 Jul25
EV-to-FCF
Get a 7-Day Free Trial 96.46 -3.40 7.99 14.88 30.24

Blackrock Muniassets Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 14.88 0.00 30.24 0.00

MUA vs BME, ETJ, VKQ: EV-to-FCF Comparison

For the Asset Management subindustry, Blackrock Muniassets Fund'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 Muniassets Fund EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniassets Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Blackrock Muniassets Fund's EV-to-FCF falls into.


MUA
33GF Score
Blackrock Muniassets Fund Inc MUA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Muniassets Fund EV-to-FCF Calculation

Blackrock Muniassets Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=526.979/16.636
=31.68

Blackrock Muniassets Fund's current Enterprise Value is $526.98 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Muniassets Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was $16.64 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 31.68 mean?
Blackrock Muniassets Fund (MUA) has a EV-to-FCF of 31.68 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Blackrock Muniassets Fund and its competitors. This is 46% above median its historical median of 21.68. According to the industry distribution chart, Blackrock Muniassets Fund ranks #716 out of 939 companies in the Asset Management industry, placing it in the top 76.3%.
Is Blackrock Muniassets Fund's EV-to-FCF too high?
Blackrock Muniassets Fund's current EV-to-FCF of 31.68 is 46% above median its 10-year median of 21.68. The Asset Management industry median EV-to-FCF is 14.35. Blackrock Muniassets Fund's value of 31.68 is 120.8% above this industry median. Based on the distribution chart, Blackrock Muniassets Fund ranks #716 out of 939 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackrock Muniassets Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniassets Fund's EV-to-FCF compare to BME and ETJ?
According to the Asset Management industry distribution chart, Blackrock Muniassets Fund ranks #716 out of 939 companies for EV-to-FCF. This places Blackrock Muniassets Fund in the lower half of its industry. The industry median EV-to-FCF is 14.35. Blackrock Muniassets Fund's value of 31.68 is 120.8% above this benchmark. While the company's 10-year median is 21.68 vs. the industry median of 14.35, Blackrock Muniassets 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-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. Blackrock Muniassets Fund's current EV-to-FCF of 31.68 is 120.8% 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 Muniassets 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. Blackrock Muniassets Fund's current EV-to-FCF is 31.68, which is 46% above median its own 10-year median of 21.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniassets Fund stock overvalued right now?
Blackrock Muniassets Fund (MUA) has a current EV-to-FCF of 31.68. The current EV-to-FCF is 31.68, which is 46% above median its 10-year median of 21.68 and 120.8% above the Asset Management industry median of 14.35. Blackrock Muniassets Fund's overall GF Score™ is 33/100 with 3 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 Blackrock Muniassets Fund (MUA), the current EV-to-FCF is 31.68 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.

Blackrock Muniassets Fund Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniassets Fund Inc is a closed-end fund. Its objective is to provide high current income exempt from U.S. federal income taxes by investing in a portfolio of medium- to lower-grade or unrated municipal obligations. The Fund invests more of its total assets in municipal bonds.
33GF Score

Get the complete analysis for MUA

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.46
Price