LEO (BNY Mellon Strategic Municipals,) Intrinsic Value: Projected FCF: $10.63 (As of Sep. 14, 2026)

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LEO BNY Mellon Strategic Municipals, Inc. LEO
28 GF Score
Price $5.86
! 4 Warning Signs
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What is BNY Mellon Strategic Municipals, Intrinsic Value: Projected FCF?

BNY Mellon Strategic Municipals, LEO -0.95% 28 Intrinsic Value: Projected FCF is $10.63 as of Sep. 14, 2026. GuruFocus rates LEO with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 1,217 Asset Management companies, BNY Mellon Strategic Municipals, ranks better than 74.53% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-14), BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected FCF is $10.63. The stock price of BNY Mellon Strategic Municipals, is $5.8639. Therefore, BNY Mellon Strategic Municipals,'s Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

The historical rank and industry rank for BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected FCF or its related term are showing as below:

LEO' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.31   Med: 0.51   Max: 0.59
Current: 0.55

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of BNY Mellon Strategic Municipals, was 0.59. The lowest was 0.31. And the median was 0.51.

LEO's Price-to-Projected-FCF is ranked better than
74.53% of 1217 companies
in the Asset Management industry
Industry Median: 0.89 vs LEO: 0.55

BNY Mellon Strategic Municipals,  (NYSE:LEO) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

BNY Mellon Strategic Municipals,'s Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.8639/10.629383840743
=0.55

* 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.


BNY Mellon Strategic Municipals, Intrinsic Value: Projected FCF Related Terms


BNY Mellon Strategic Municipals, Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected 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.

BNY Mellon Strategic Municipals, Intrinsic Value: Projected FCF Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 17.05 12.70 10.63

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Intrinsic Value: Projected 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 0.00 12.70 0.00 10.63 0.00

LEO vs SOR, AEF, CCAP: Intrinsic Value: Projected FCF Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'s Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


BNY Mellon Strategic Municipals, Price-to-Projected-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Price-to-Projected-FCF falls into.


LEO
28GF Score
BNY Mellon Strategic Municipals, Inc. LEO
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNY Mellon Strategic Municipals, Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get BNY Mellon Strategic Municipals,'s Free Cash Flow(6 year avg) = $34.06.

BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*34.064857142857+423.373*0.8)/62.375
=10.63

* 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.

What does a Intrinsic Value: Projected FCF of $10.63 mean?
BNY Mellon Strategic Municipals, (LEO) has a Intrinsic Value: Projected FCF of $10.63 as of Sep. 14, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on BNY Mellon Strategic Municipals, and its competitors. According to the industry distribution chart, BNY Mellon Strategic Municipals, ranks #310 out of 1217 companies in the Asset Management industry, placing it in the top 25.5%.
Is BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected FCF too high?
BNY Mellon Strategic Municipals,'s current Intrinsic Value: Projected FCF is $10.63. The Asset Management industry median Intrinsic Value: Projected FCF is 0.89. BNY Mellon Strategic Municipals,'s value of $10.63 is 1094.4% above this industry median. Based on the distribution chart, BNY Mellon Strategic Municipals, ranks #310 out of 1217 companies in the Asset Management industry, which is above the industry midpoint. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s Intrinsic Value: Projected FCF compare to SOR and AEF?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipals, ranks #310 out of 1217 companies for Intrinsic Value: Projected FCF. This puts BNY Mellon Strategic Municipals, in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.89. BNY Mellon Strategic Municipals,'s value of $10.63 is 1094.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.89, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon Strategic Municipals,'s current Intrinsic Value: Projected FCF of $10.63 is 1094.4% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on BNY Mellon Strategic Municipals, and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon Strategic Municipals,'s current Intrinsic Value: Projected FCF is $10.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
BNY Mellon Strategic Municipals, (LEO) has a current Intrinsic Value: Projected FCF of $10.63. The current Intrinsic Value: Projected FCF is $10.63 and 1094.4% above the Asset Management industry median of 0.89. BNY Mellon Strategic Municipals,'s overall GF Score™ is 28/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For BNY Mellon Strategic Municipals, (LEO), the current Intrinsic Value: Projected FCF is $10.63 as of Sep. 14, 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.

BNY Mellon Strategic Municipals, Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
28GF Score

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

$5.86
Price