What is Nuveen California Municipal Value Fund Pretax Margin %?
Nuveen California Municipal Value FundNCA -0.11%34 Pretax Margin % is 99.59% as of Feb. 2026, which is 1% below its 10-year median of 100.12. GuruFocus rates NCA with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,571 Asset Management companies, Nuveen California Municipal Value Fund ranks better than 72.57% on this metric.
NCA'
s Pretax Margin % Range Over the Past 10 Years
Min: 95.03 Med: 100.12 Max: 139.25
Current: 98.69
NCA's Pretax Margin % is ranked better than 72.57% of 1571
companies
in the Asset Management industry
Industry Median: 89.59
vs NCA: 98.69
Nuveen California Municipal Value Fund (NYSE:NCA) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nuveen California Municipal Value Fund Pretax Margin % Related Terms
Nuveen California Municipal Value Fund Pretax Margin % Historical Data
* 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 California Municipal Value Fund Pretax Margin % Chart
Nuveen California Municipal Value Fund Annual Data
For the Asset Management subindustry, Nuveen California Municipal Value Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 California Municipal Value Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen California Municipal Value Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuveen California Municipal Value Fund's Pretax Margin % falls into.
* 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 California Municipal Value Fund (NCA) has a Pretax Margin % of 99.59% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen California Municipal Value Fund and its competitors. This is near median its historical median of 100.12. Over the past decade, Nuveen California Municipal Value Fund's Pretax Margin % has ranged from 95.03 to 139.25. According to the industry distribution chart, Nuveen California Municipal Value Fund ranks #431 out of 1571 companies in the Asset Management industry, placing it in the top 27.4%.
Is Nuveen California Municipal Value Fund's Pretax Margin % too high?
Nuveen California Municipal Value Fund's current Pretax Margin % of 99.59% is near median its 10-year median of 100.12. Over the past 10 years, this metric has ranged from a low of 95.03 to a high of 139.25. The Asset Management industry median Pretax Margin % is 89.59. Nuveen California Municipal Value Fund's value of 99.59% is 11.2% above this industry median. Based on the distribution chart, Nuveen California Municipal Value Fund ranks #431 out of 1571 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen California Municipal Value Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen California Municipal Value Fund's Pretax Margin % compare to SSSS and EFR?
According to the Asset Management industry distribution chart, Nuveen California Municipal Value Fund ranks #431 out of 1571 companies for Pretax Margin %. This puts Nuveen California Municipal Value Fund in the upper half of its industry. The industry median Pretax Margin % is 89.59. Nuveen California Municipal Value Fund's value of 99.59% is 11.2% above this benchmark. Historically, Nuveen California Municipal Value Fund's own Pretax Margin % has ranged from 95.03 to 139.25 over the past decade. While the company's 10-year median is 100.12 vs. the industry median of 89.59, Nuveen California Municipal Value Fund 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.59, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen California Municipal Value Fund's current Pretax Margin % of 99.59% is 11.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen California Municipal Value Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen California Municipal Value Fund's current Pretax Margin % is 99.59%, which is near median its own 10-year median of 100.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen California Municipal Value Fund stock overvalued right now?
Nuveen California Municipal Value Fund (NCA) has a current Pretax Margin % of 99.59%. The current Pretax Margin % is 99.59%, which is near median its 10-year median of 100.12 and 11.2% above the Asset Management industry median of 89.59. Nuveen California Municipal Value Fund's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nuveen California Municipal Value Fund (NCA), the current Pretax Margin % is 99.59% as of Feb. 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 California Municipal Value Fund Business Description
Nuveen California Municipal Value Fund Inc is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, New York State, and New York City income taxes, and from the federal alternative minimum tax for individuals, while enhancing portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds considered underrated, undervalued, or from undervalued municipal market sectors. It may invest in municipal securities such as lease obligations and certificates of participation, which provide an undivided interest in pools of municipal leases or installment purchase agreements.
34GF Score
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