NML (Neuberger Energy Infrastructure andome Fund) EV-to-FCF: 33.73 (As of Sep. 10, 2026) — 251% Above Median

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NML Neuberger Energy Infrastructure and Income Fund Inc NML
31 GF Score
Price $10.85
GF Value $0.49
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Neuberger Energy Infrastructure andome Fund EV-to-FCF?

Neuberger Energy Infrastructure andome Fund NML +0.74% 31 EV-to-FCF is 33.73 as of Sep. 10, 2026, which is 251% above its 10-year median of 9.61. GuruFocus rates NML with a GF Score™ of 31/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 924 Asset Management companies, Neuberger Energy Infrastructure andome Fund ranks worse than 75.87% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Neuberger Energy Infrastructure andome Fund's Enterprise Value is $759.2 Mil. Neuberger Energy Infrastructure andome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was $22.5 Mil. Therefore, Neuberger Energy Infrastructure andome Fund's EV-to-FCF for today is 33.73.

The historical rank and industry rank for Neuberger Energy Infrastructure andome Fund's EV-to-FCF or its related term are showing as below:

NML' s EV-to-FCF Range Over the Past 10 Years
Min: -36.7   Med: 9.61   Max: 48.47
Current: 33.73

During the past 13 years, the highest EV-to-FCF of Neuberger Energy Infrastructure andome Fund was 48.47. The lowest was -36.70. And the median was 9.61.

NML's EV-to-FCF is ranked worse than
75.87% of 924 companies
in the Asset Management industry
Industry Median: 13.845 vs NML: 33.73

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 (2026-09-10), Neuberger Energy Infrastructure andome Fund's stock price is $10.85. Neuberger Energy Infrastructure andome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $2.448. Therefore, Neuberger Energy Infrastructure andome Fund's PE Ratio (TTM) for today is 4.43.


Neuberger Energy Infrastructure andome Fund  (AMEX:NML) 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 Energy Infrastructure andome Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.85/2.448
=4.43

Neuberger Energy Infrastructure andome Fund's share price for today is $10.85.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Energy Infrastructure andome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $2.448.

* 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 Energy Infrastructure andome Fund EV-to-FCF Related Terms


Neuberger Energy Infrastructure andome Fund EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Neuberger Energy Infrastructure andome 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 Energy Infrastructure andome Fund EV-to-FCF Chart

Neuberger Energy Infrastructure andome Fund Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.04 -36.18 15.94 16.91 44.08

Neuberger Energy Infrastructure andome Fund Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 Premium Member Only Premium Member Only Premium Member Only 0.00 16.91 0.00 44.08 0.00

NML vs DSU, MHD, BME: EV-to-FCF Comparison

For the Asset Management subindustry, Neuberger Energy Infrastructure andome 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 Energy Infrastructure andome Fund EV-to-FCF vs Asset Management Industry

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

* The bar in red indicates where Neuberger Energy Infrastructure andome Fund's EV-to-FCF falls into.


NML
31GF Score
Neuberger Energy Infrastructure and Income Fund Inc NML
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Energy Infrastructure andome Fund EV-to-FCF Calculation

Neuberger Energy Infrastructure andome Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=759.248/22.507
=33.73

Neuberger Energy Infrastructure andome Fund's current Enterprise Value is $759.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Energy Infrastructure andome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was $22.5 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 33.73 mean?
Neuberger Energy Infrastructure andome Fund (NML) has a EV-to-FCF of 33.73 as of Sep. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Neuberger Energy Infrastructure andome Fund and its competitors. This is 251% above median its historical median of 9.61. According to the industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #701 out of 924 companies in the Asset Management industry, placing it in the top 75.9%.
Is Neuberger Energy Infrastructure andome Fund's EV-to-FCF too high?
Neuberger Energy Infrastructure andome Fund's current EV-to-FCF of 33.73 is 251% above median its 10-year median of 9.61. The Asset Management industry median EV-to-FCF is 13.85. Neuberger Energy Infrastructure andome Fund's value of 33.73 is 143.6% above this industry median. Based on the distribution chart, Neuberger Energy Infrastructure andome Fund ranks #701 out of 924 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Energy Infrastructure andome Fund has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Energy Infrastructure andome Fund's EV-to-FCF compare to DSU and MHD?
According to the Asset Management industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #701 out of 924 companies for EV-to-FCF. This places Neuberger Energy Infrastructure andome Fund in the lower half of its industry. The industry median EV-to-FCF is 13.85. Neuberger Energy Infrastructure andome Fund's value of 33.73 is 143.6% above this benchmark. While the company's 10-year median is 9.61 vs. the industry median of 13.85, Neuberger Energy Infrastructure andome 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 13.85, based on 924 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 Energy Infrastructure andome Fund's current EV-to-FCF of 33.73 is 143.6% 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 Neuberger Energy Infrastructure andome Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 13.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Energy Infrastructure andome Fund's current EV-to-FCF is 33.73, which is 251% above median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Energy Infrastructure andome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $10.85 — trading 2114.3% above its estimated fair value. The current EV-to-FCF is 33.73, which is 251% above median its 10-year median of 9.61 and 143.6% above the Asset Management industry median of 13.85. Neuberger Energy Infrastructure andome Fund's overall GF Score™ is 31/100 with 9 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 Neuberger Energy Infrastructure andome Fund (NML), the current EV-to-FCF is 33.73 as of Sep. 10, 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 Energy Infrastructure andome Fund (NML) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund stock appears to be overvalued. The current stock price of $10.85 is trading 2114.3% above its estimated GF Value™ of $0.49. GuruFocus considers Neuberger Energy Infrastructure andome Fund to be Significantly Overvalued.

Key valuation signals for NML:

  • EV-to-FCF: 33.73 (251% above median its 10-year median of 9.61)
  • GF Value™: $0.49 vs. price of $10.85 (2114.3% above fair value)
  • GF Score™: 31/100 with 9 warning signs
  • Industry Position: 143.6% above the Asset Management median (#701 of 924)

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


Neuberger Energy Infrastructure andome Fund Business Description

Address C/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Energy Infrastructure & Income Fund Inc is a closed-end investment management company based in the United States. Invest in Capital Markets, Chemicals, Oil, Gas & Consumable Fuels, Electric Utilities, Independent Power and Renewable Electricity Producers, Multi Utilities. Maximum is done in Oil, Gas & Consumable Fuels.
31GF Score

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

$10.85
Price
$0.49
GF Value