GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) » Definitions » EV-to-FCF

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) EV-to-FCF : 8.48 (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is RiverNorth Opportunistic Municipalome Fund, EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth Opportunistic Municipalome Fund,'s Enterprise Value is $167.89 Mil. RiverNorth Opportunistic Municipalome Fund,'s Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $19.80 Mil. Therefore, RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF for today is 8.48.

The historical rank and industry rank for RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF or its related term are showing as below:

RMI' s EV-to-FCF Range Over the Past 10 Years
Min: -31.91   Med: 6.92   Max: 27.93
Current: 8.46

During the past 5 years, the highest EV-to-FCF of RiverNorth Opportunistic Municipalome Fund, was 27.93. The lowest was -31.91. And the median was 6.92.

RMI's EV-to-FCF is ranked better than
68.55% of 1062 companies
in the Asset Management industry
Industry Median: 13.405 vs RMI: 8.46

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 to determine the fair market value of a company.

As of today (2024-05-24), RiverNorth Opportunistic Municipalome Fund,'s stock price is $15.82. RiverNorth Opportunistic Municipalome Fund,'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.948. Therefore, RiverNorth Opportunistic Municipalome Fund,'s PE Ratio for today is 16.69.


RiverNorth Opportunistic Municipalome Fund, EV-to-FCF Historical Data

The historical data trend for RiverNorth Opportunistic Municipalome 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.

* Premium members only.

RiverNorth Opportunistic Municipalome Fund, EV-to-FCF Chart

RiverNorth Opportunistic Municipalome Fund, Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-FCF
-1.06 11.16 27.43 -30.70 7.04

RiverNorth Opportunistic Municipalome Fund, Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -30.70 - 7.04 -

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome 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.


RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF falls into.



RiverNorth Opportunistic Municipalome Fund, EV-to-FCF Calculation

RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=167.892/19.799
=8.48

RiverNorth Opportunistic Municipalome Fund,'s current Enterprise Value is $167.89 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Opportunistic Municipalome Fund,'s Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $19.80 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.


RiverNorth Opportunistic Municipalome Fund,  (NYSE:RMI) 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 to determine the fair market value of a company.

RiverNorth Opportunistic Municipalome Fund,'s PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.82/0.948
=16.69

RiverNorth Opportunistic Municipalome Fund,'s share price for today is $15.82.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Opportunistic Municipalome Fund,'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.948.

* 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.


RiverNorth Opportunistic Municipalome Fund, EV-to-FCF Related Terms

Thank you for viewing the detailed overview of RiverNorth Opportunistic Municipalome Fund,'s EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Headlines

From GuruFocus

RiverNorth Closed-End Funds Declare Year-End Capital Gain Distributions

By Business Wire Business Wire 12-10-2021