NPFD (Nuveen Variable Rate Preferred&Income) Intrinsic Value: Projected FCF: $0.00 (As of Aug. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NPFD Nuveen Variable Rate Preferred&Income NPFD
30 GF Score
Price $18.68
! 6 Warning Signs
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What is Nuveen Variable Rate Preferred&Income Intrinsic Value: Projected FCF?

Nuveen Variable Rate Preferred&Income NPFD +0.48% 30 Intrinsic Value: Projected FCF is $0.00 as of Aug. 24, 2026. GuruFocus rates NPFD with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,210 Asset Management companies, Nuveen Variable Rate Preferred&Income ranks worse than 82644.55% 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 (2026-08-24), Nuveen Variable Rate Preferred&Income's Intrinsic Value: Projected FCF is $0.00. The stock price of Nuveen Variable Rate Preferred&Income is $18.68. Therefore, Nuveen Variable Rate Preferred&Income's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Nuveen Variable Rate Preferred&Income's Intrinsic Value: Projected FCF or its related term are showing as below:

NPFD's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.91
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) 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.

Nuveen Variable Rate Preferred&Income's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=18.68/
=

* 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.


Nuveen Variable Rate Preferred&Income Intrinsic Value: Projected FCF Related Terms


Nuveen Variable Rate Preferred&Income Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Nuveen Variable Rate Preferred&Income'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.

Nuveen Variable Rate Preferred&Income Intrinsic Value: Projected FCF Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Intrinsic Value: Projected FCF
0.00 0.00 0.00 0.00

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

NPFD vs NBB, FFA, ETB: Intrinsic Value: Projected FCF Comparison

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income'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.


Nuveen Variable Rate Preferred&Income Price-to-Projected-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Price-to-Projected-FCF falls into.


NPFD
30GF Score
Nuveen Variable Rate Preferred&Income NPFD
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Variable Rate Preferred&Income 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)


What does a Intrinsic Value: Projected FCF of $0.00 mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a Intrinsic Value: Projected FCF of $0.00 as of Aug. 24, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. According to the industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #999999 out of 1210 companies in the Asset Management industry.
Is Nuveen Variable Rate Preferred&Income's Intrinsic Value: Projected FCF too high?
Nuveen Variable Rate Preferred&Income's current Intrinsic Value: Projected FCF is $0.00. Based on the distribution chart, Nuveen Variable Rate Preferred&Income ranks #999999 out of 1210 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Intrinsic Value: Projected FCF compare to NBB and FFA?
According to the Asset Management industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #999999 out of 1210 companies for Intrinsic Value: Projected FCF. This places Nuveen Variable Rate Preferred&Income in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.91. 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 0.91, based on 1,210 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. 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 Nuveen Variable Rate Preferred&Income and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Variable Rate Preferred&Income's current Intrinsic Value: Projected FCF is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Intrinsic Value: Projected FCF of $0.00. The current Intrinsic Value: Projected FCF is $0.00. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 30/100 with 6 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 Nuveen Variable Rate Preferred&Income (NPFD), the current Intrinsic Value: Projected FCF is $0.00 as of Aug. 24, 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.

Nuveen Variable Rate Preferred&Income Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
30GF 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.

$18.68
Price