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RMM (RiverNorth Managed Duration Muni Fd) EV-to-FCF : 13.13 (As of Jan. 19, 2025)


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What is RiverNorth Managed Duration Muni Fd EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth Managed Duration Muni Fd's Enterprise Value is $494.83 Mil. RiverNorth Managed Duration Muni Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $37.67 Mil. Therefore, RiverNorth Managed Duration Muni Fd's EV-to-FCF for today is 13.13.

The historical rank and industry rank for RiverNorth Managed Duration Muni Fd's EV-to-FCF or its related term are showing as below:

RMM' s EV-to-FCF Range Over the Past 10 Years
Min: 12.36   Med: 13.88   Max: 255.22
Current: 13.13

During the past 5 years, the highest EV-to-FCF of RiverNorth Managed Duration Muni Fd was 255.22. The lowest was 12.36. And the median was 13.88.

RMM's EV-to-FCF is ranked better than
55.45% of 1037 companies
in the Asset Management industry
Industry Median: 14.93 vs RMM: 13.13

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 (2025-01-19), RiverNorth Managed Duration Muni Fd's stock price is $14.83. RiverNorth Managed Duration Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.280. Therefore, RiverNorth Managed Duration Muni Fd's PE Ratio (TTM) for today is 11.59.


RiverNorth Managed Duration Muni Fd EV-to-FCF Historical Data

The historical data trend for RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd EV-to-FCF Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-FCF
- 15.32 244.56 13.72 13.36

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EV-to-FCF Get a 7-Day Free Trial 244.56 - 13.72 - 13.36

Competitive Comparison of RiverNorth Managed Duration Muni Fd's EV-to-FCF

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's EV-to-FCF falls into.



RiverNorth Managed Duration Muni Fd EV-to-FCF Calculation

RiverNorth Managed Duration Muni Fd's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=494.834/37.673
=13.13

RiverNorth Managed Duration Muni Fd's current Enterprise Value is $494.83 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Muni Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $37.67 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 Managed Duration Muni Fd  (NYSE:RMM) 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.

RiverNorth Managed Duration Muni Fd's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.83/1.280
=11.59

RiverNorth Managed Duration Muni Fd's share price for today is $14.83.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.280.

* 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 Managed Duration Muni Fd EV-to-FCF Related Terms

Thank you for viewing the detailed overview of RiverNorth Managed Duration Muni Fd's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Managed Duration Muni Fd Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 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
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
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
Stephen Andrew O'neill director, other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
John M Loffredo other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654

RiverNorth Managed Duration Muni Fd Headlines