NBXG (Neuberger Berman Next Generation Connectivity Fund) EV-to-FCF: 11.38 (As of Aug. 07, 2026) — Near Median

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NBXG Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
59 GF Score
Price $15.26
GF Value $18.16
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Neuberger Berman Next Generation Connectivity Fund EV-to-FCF?

Neuberger Berman Next Generation Connectivity Fund NBXG +1.46% 59 EV-to-FCF is 11.38 as of Aug. 07, 2026, which is 9% above its 10-year median of 10.41. GuruFocus rates NBXG with a GF Score™ of 59/100 and a GF Value™ of $18.16 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 940 Asset Management companies, Neuberger Berman Next Generation Connectivity Fund ranks better than 59.89% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Neuberger Berman Next Generation Connectivity Fund's Enterprise Value is $1,201.0 Mil. Neuberger Berman Next Generation Connectivity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF for today is 11.38.

The historical rank and industry rank for Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF or its related term are showing as below:

NBXG' s EV-to-FCF Range Over the Past 10 Years
Min: 7.26   Med: 10.41   Max: 13.67
Current: 11.38

During the past 5 years, the highest EV-to-FCF of Neuberger Berman Next Generation Connectivity Fund was 13.67. The lowest was 7.26. And the median was 10.41.

NBXG's EV-to-FCF is ranked better than
59.89% of 940 companies
in the Asset Management industry
Industry Median: 14.46 vs NBXG: 11.38

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 (2026-08-07), Neuberger Berman Next Generation Connectivity Fund's stock price is $15.26. Neuberger Berman Next Generation Connectivity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $4.423. Therefore, Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) for today is 3.45.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) 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.

Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.26/4.423
=3.45

Neuberger Berman Next Generation Connectivity Fund's share price for today is $15.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Next Generation Connectivity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $4.423.

* 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.


Neuberger Berman Next Generation Connectivity Fund EV-to-FCF Related Terms


Neuberger Berman Next Generation Connectivity Fund EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Next Generation Connectivity 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.

Neuberger Berman Next Generation Connectivity Fund EV-to-FCF Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-FCF
0.00 7.75 8.16 10.38 12.09

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 10.38 0.00 12.09 0.00

NBXG vs FRBP, DSL, EOS: EV-to-FCF Comparison

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity 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.


Neuberger Berman Next Generation Connectivity Fund EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF falls into.


NBXG
59GF Score
Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman Next Generation Connectivity Fund EV-to-FCF Calculation

Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1200.990/105.566
=11.38

Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Next Generation Connectivity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 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 11.38 mean?
Neuberger Berman Next Generation Connectivity Fund (NBXG) has a EV-to-FCF of 11.38 as of Aug. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Neuberger Berman Next Generation Connectivity Fund and its competitors. This is near median its historical median of 10.41. Over the past decade, Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF has ranged from 7.26 to 13.67. According to the industry distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #377 out of 940 companies in the Asset Management industry, placing it in the top 40.1%.
Is Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF too high?
Neuberger Berman Next Generation Connectivity Fund's current EV-to-FCF of 11.38 is near median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 7.26 to a high of 13.67. The Asset Management industry median EV-to-FCF is 14.46. Neuberger Berman Next Generation Connectivity Fund's value of 11.38 is 21.3% below this industry median. Based on the distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #377 out of 940 companies in the Asset Management industry, which is above the industry midpoint. Overall, Neuberger Berman Next Generation Connectivity Fund has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF compare to FRBP and DSL?
According to the Asset Management industry distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #377 out of 940 companies for EV-to-FCF. This puts Neuberger Berman Next Generation Connectivity Fund in the upper half of its industry. The industry median EV-to-FCF is 14.46. Neuberger Berman Next Generation Connectivity Fund's value of 11.38 is 21.3% below this benchmark. Historically, Neuberger Berman Next Generation Connectivity Fund's own EV-to-FCF has ranged from 7.26 to 13.67 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 14.46, Neuberger Berman Next Generation Connectivity Fund has consistently been below 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 14.46, based on 940 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. Neuberger Berman Next Generation Connectivity Fund's current EV-to-FCF of 11.38 is 21.3% below 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 Neuberger Berman Next Generation Connectivity Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Next Generation Connectivity Fund's current EV-to-FCF is 11.38, which is near median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Next Generation Connectivity Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund (NBXG) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.16, compared to a current price of $15.26 — trading 16% below its estimated fair value. The current EV-to-FCF is 11.38, which is near median its 10-year median of 10.41 and 21.3% below the Asset Management industry median of 14.46. Neuberger Berman Next Generation Connectivity Fund's overall GF Score™ is 59/100 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 Neuberger Berman Next Generation Connectivity Fund (NBXG), the current EV-to-FCF is 11.38 as of Aug. 07, 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.

Is Neuberger Berman Next Generation Connectivity Fund (NBXG) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund stock appears to be undervalued. The current stock price of $15.26 is trading 16% below its estimated GF Value™ of $18.16. GuruFocus considers Neuberger Berman Next Generation Connectivity Fund to be Modestly Undervalued.

Key valuation signals for NBXG:

  • EV-to-FCF: 11.38 (near median its 10-year median of 10.41)
  • GF Value™: $18.16 vs. price of $15.26 (16% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 21.3% below the Asset Management median (#377 of 940)

No single metric tells the full story. See the NBXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman Next Generation Connectivity Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that is relevant to the theme of investing in NextGen Companies.
59GF Score

Get the complete analysis for NBXG

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

$15.26
Price
$18.16
GF Value