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Nuveen Multi-Assetome FundNMAI +0.29%50 EV-to-FCF is 20.17 as of Jul. 24, 2026, which is 7% below its 10-year median of 21.77. GuruFocus rates NMAI with a GF Score™ of 50/100 and a GF Value™ of $22.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 939 Asset Management companies, Nuveen Multi-Assetome Fund ranks worse than 62.3% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nuveen Multi-Assetome Fund's Enterprise Value is $672.87 Mil.
Nuveen Multi-Assetome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $33.35 Mil. Therefore, Nuveen Multi-Assetome Fund's EV-to-FCF for today is 20.17.
The historical rank and industry rank for Nuveen Multi-Assetome Fund's EV-to-FCF or its related term are showing as below:
NMAI'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.48 Med: 21.77 Max: 43.34
Current: 20.17
During the past 5 years, the highest EV-to-FCF of Nuveen Multi-Assetome Fund was 43.34. The lowest was 5.48. And the median was 21.77.
NMAI's EV-to-FCF is ranked worse than 62.3% of 939
companies
in the Asset Management industry
Industry Median: 14.35
vs NMAI: 20.17
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.
Nuveen Multi-Assetome Fund (NYSE:NMAI) 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.
Nuveen Multi-Assetome Fund's PE Ratio (TTM) for today is calculated as:
Nuveen Multi-Assetome Fund's share price for today is $13.76.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Multi-Assetome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.430.
* 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.
Nuveen Multi-Assetome Fund EV-to-FCF Related Terms
Nuveen Multi-Assetome 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.
For the Asset Management subindustry, Nuveen Multi-Assetome 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.
Nuveen Multi-Assetome Fund EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Multi-Assetome Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nuveen Multi-Assetome Fund's EV-to-FCF falls into.
Nuveen Multi-Assetome Fund's current Enterprise Value is $672.87 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Multi-Assetome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $33.35 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.
Nuveen Multi-Assetome Fund (NMAI) has a EV-to-FCF of 20.17 as of Jul. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nuveen Multi-Assetome Fund and its competitors. This is near median its historical median of 21.77. Over the past decade, Nuveen Multi-Assetome Fund's EV-to-FCF has ranged from 5.48 to 43.34. According to the industry distribution chart, Nuveen Multi-Assetome Fund ranks #585 out of 939 companies in the Asset Management industry, placing it in the top 62.3%.
Is Nuveen Multi-Assetome Fund's EV-to-FCF too high?
Nuveen Multi-Assetome Fund's current EV-to-FCF of 20.17 is near median its 10-year median of 21.77. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 43.34. The Asset Management industry median EV-to-FCF is 14.35. Nuveen Multi-Assetome Fund's value of 20.17 is 40.6% above this industry median. Based on the distribution chart, Nuveen Multi-Assetome Fund ranks #585 out of 939 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Multi-Assetome Fund has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Assetome Fund's EV-to-FCF compare to HPS and NBB?
According to the Asset Management industry distribution chart, Nuveen Multi-Assetome Fund ranks #585 out of 939 companies for EV-to-FCF. This places Nuveen Multi-Assetome Fund in the lower half of its industry. The industry median EV-to-FCF is 14.35. Nuveen Multi-Assetome Fund's value of 20.17 is 40.6% above this benchmark. Historically, Nuveen Multi-Assetome Fund's own EV-to-FCF has ranged from 5.48 to 43.34 over the past decade. While the company's 10-year median is 21.77 vs. the industry median of 14.35, Nuveen Multi-Assetome 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. Nuveen Multi-Assetome Fund's current EV-to-FCF of 20.17 is 40.6% 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 Nuveen Multi-Assetome 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. Nuveen Multi-Assetome Fund's current EV-to-FCF is 20.17, which is near median its own 10-year median of 21.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Assetome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund (NMAI) is currently considered Possible Value Trap. The stock's GF Value™ is $22.01, compared to a current price of $13.76 — trading 37.5% below its estimated fair value. The current EV-to-FCF is 20.17, which is near median its 10-year median of 21.77 and 40.6% above the Asset Management industry median of 14.35. Nuveen Multi-Assetome Fund's overall GF Score™ is 50/100 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 Nuveen Multi-Assetome Fund (NMAI), the current EV-to-FCF is 20.17 as of Jul. 24, 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 Nuveen Multi-Assetome Fund (NMAI) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund stock appears to be undervalued.
The current stock price of $13.76 is trading 37.5% below its estimated GF Value™ of $22.01.
GuruFocus considers Nuveen Multi-Assetome Fund to be Possible Value Trap.
Key valuation signals for NMAI:
EV-to-FCF: 20.17 (near median its 10-year median of 21.77)
GF Value™: $22.01 vs. price of $13.76 (37.5% below fair value)
Industry Position: 40.6% above the Asset Management median (#585 of 939)
No single metric tells the full story. See the NMAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The Fund dynamically invests in a portfolio of equity and debt securities of issuers located around the world. This dynamic investment uses a risk-based framework in which any amount can be allocated to an asset-class at any time. The Fund's investment objective is to provide total return through high current income and capital appreciation.
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