VFL (Delaware Investments Natl Muniome) EV-to-FCF: 16.37 (As of Jul. 26, 2026) — 19% Below Median

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VFL Delaware Investments Natl Muni Income VFL
32 GF Score
Price $10.31
! 4 Warning Signs
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What is Delaware Investments Natl Muniome EV-to-FCF?

Delaware Investments Natl Muniome VFL -0.58% 32 EV-to-FCF is 16.37 as of Jul. 26, 2026, which is 19% below its 10-year median of 20.09. GuruFocus rates VFL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 938 Asset Management companies, Delaware Investments Natl Muniome ranks worse than 55.01% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Delaware Investments Natl Muniome's Enterprise Value is $126.59 Mil. Delaware Investments Natl Muniome's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $7.74 Mil. Therefore, Delaware Investments Natl Muniome's EV-to-FCF for today is 16.37.

The historical rank and industry rank for Delaware Investments Natl Muniome's EV-to-FCF or its related term are showing as below:

VFL' s EV-to-FCF Range Over the Past 10 Years
Min: 0.68   Med: 20.09   Max: 466.55
Current: 16.37

During the past 13 years, the highest EV-to-FCF of Delaware Investments Natl Muniome was 466.55. The lowest was 0.68. And the median was 20.09.

VFL's EV-to-FCF is ranked worse than
55.01% of 938 companies
in the Asset Management industry
Industry Median: 14.495 vs VFL: 16.37

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 (2026-07-26), Delaware Investments Natl Muniome's stock price is $10.31. Delaware Investments Natl Muniome's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.234. Therefore, Delaware Investments Natl Muniome's PE Ratio (TTM) for today is 44.06.


Delaware Investments Natl Muniome  (AMEX:VFL) 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.

Delaware Investments Natl Muniome's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.31/0.234
=44.06

Delaware Investments Natl Muniome's share price for today is $10.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delaware Investments Natl Muniome's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.234.

* 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.


Delaware Investments Natl Muniome EV-to-FCF Related Terms


Delaware Investments Natl Muniome EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Delaware Investments Natl Muniome'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.

Delaware Investments Natl Muniome EV-to-FCF Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 424.34 26.80 0.90 21.94 17.69

Delaware Investments Natl Muniome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 21.94 0.00 17.69 0.00

VFL vs WEA, JHS, NMT: EV-to-FCF Comparison

For the Asset Management subindustry, Delaware Investments Natl Muniome'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.


Delaware Investments Natl Muniome EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Delaware Investments Natl Muniome's EV-to-FCF falls into.


VFL
32GF Score
Delaware Investments Natl Muni Income VFL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Delaware Investments Natl Muniome EV-to-FCF Calculation

Delaware Investments Natl Muniome's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=126.586/7.735
=16.37

Delaware Investments Natl Muniome's current Enterprise Value is $126.59 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delaware Investments Natl Muniome's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $7.74 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 16.37 mean?
Delaware Investments Natl Muniome (VFL) has a EV-to-FCF of 16.37 as of Jul. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Delaware Investments Natl Muniome and its competitors. This is 19% below median its historical median of 20.09. Over the past decade, Delaware Investments Natl Muniome's EV-to-FCF has ranged from 0.68 to 466.55. According to the industry distribution chart, Delaware Investments Natl Muniome ranks #516 out of 938 companies in the Asset Management industry, placing it in the top 55%.
Is Delaware Investments Natl Muniome's EV-to-FCF too high?
Delaware Investments Natl Muniome's current EV-to-FCF of 16.37 is 19% below median its 10-year median of 20.09. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 466.55. The Asset Management industry median EV-to-FCF is 14.50. Delaware Investments Natl Muniome's value of 16.37 is 12.9% above this industry median. Based on the distribution chart, Delaware Investments Natl Muniome ranks #516 out of 938 companies in the Asset Management industry, which is below the industry midpoint. Overall, Delaware Investments Natl Muniome has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Delaware Investments Natl Muniome's EV-to-FCF compare to WEA and JHS?
According to the Asset Management industry distribution chart, Delaware Investments Natl Muniome ranks #516 out of 938 companies for EV-to-FCF. This places Delaware Investments Natl Muniome in the lower half of its industry. The industry median EV-to-FCF is 14.50. Delaware Investments Natl Muniome's value of 16.37 is 12.9% above this benchmark. Historically, Delaware Investments Natl Muniome's own EV-to-FCF has ranged from 0.68 to 466.55 over the past decade. While the company's 10-year median is 20.09 vs. the industry median of 14.50, Delaware Investments Natl Muniome 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 14.50, based on 938 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. Delaware Investments Natl Muniome's current EV-to-FCF of 16.37 is 12.9% 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 Delaware Investments Natl Muniome and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delaware Investments Natl Muniome's current EV-to-FCF is 16.37, which is 19% below median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delaware Investments Natl Muniome stock overvalued right now?
Delaware Investments Natl Muniome (VFL) has a current EV-to-FCF of 16.37. The current EV-to-FCF is 16.37, which is 19% below median its 10-year median of 20.09 and 12.9% above the Asset Management industry median of 14.50. Delaware Investments Natl Muniome's overall GF Score™ is 32/100 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 Delaware Investments Natl Muniome (VFL), the current EV-to-FCF is 16.37 as of Jul. 26, 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.

Delaware Investments Natl Muniome Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund's investment objective is to seek to provide current income exempt from regular federal income tax, consistent with the preservation of capital. The company's product portfolio includes Mutual funds, Exchange-traded funds, Private markets, and Closed-end funds.
32GF Score

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

$10.31
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