NUW (Nuveen AMT-Free Municipal Value Fund) Scaled Net Operating Assets: 0.96 (As of Oct. 2025)


NUW Nuveen AMT-Free Municipal Value Fund NUW
59 GF Score
Price $14.44
GF Value $14.42
Valuation Fairly Valued
! 5 Warning Signs
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What is Nuveen AMT-Free Municipal Value Fund Scaled Net Operating Assets?

Nuveen AMT-Free Municipal Value Fund NUW +0.42% 59 Scaled Net Operating Assets is 0.96 as of Oct. 2025. GuruFocus rates NUW with a GF Score™ of 59/100 and a GF Value™ of $14.42 (Fairly Valued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen AMT-Free Municipal Value Fund's operating assets for the quarter that ended in Oct. 2025 was $294.91 Mil. Nuveen AMT-Free Municipal Value Fund's operating liabilities for the quarter that ended in Oct. 2025 was $23.99 Mil. Nuveen AMT-Free Municipal Value Fund's Total Assets for the quarter that ended in Apr. 2025 was $282.53 Mil. Therefore, Nuveen AMT-Free Municipal Value Fund's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.96.

NUW
59GF Score
Nuveen AMT-Free Municipal Value Fund NUW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen AMT-Free Municipal Value Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen AMT-Free Municipal Value Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(294.913-23.993)/286.707
=0.94

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=295.358 - 0.445
=294.913

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.993 - 0 - 0
=23.993

Nuveen AMT-Free Municipal Value Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(294.913-23.993)/282.527
=0.96

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=295.358 - 0.445
=294.913

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.993 - 0 - 0
=23.993

* 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 Scaled Net Operating Assets of 0.96 mean?
Nuveen AMT-Free Municipal Value Fund (NUW) has a Scaled Net Operating Assets of 0.96 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen AMT-Free Municipal Value Fund and its competitors.
Is Nuveen AMT-Free Municipal Value Fund's Scaled Net Operating Assets too high?
Nuveen AMT-Free Municipal Value Fund's current Scaled Net Operating Assets is 0.96. Overall, Nuveen AMT-Free Municipal Value Fund has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuveen AMT-Free Municipal Value Fund's Scaled Net Operating Assets compare to CPZ and ERC?
Nuveen AMT-Free Municipal Value Fund's Scaled Net Operating Assets of 0.96 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen AMT-Free Municipal Value Fund and its competitors. Nuveen AMT-Free Municipal Value Fund's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen AMT-Free Municipal Value Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen AMT-Free Municipal Value Fund (NUW) is currently considered Fairly Valued. The stock's GF Value™ is $14.42, compared to a current price of $14.44 — trading 0.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.96. Nuveen AMT-Free Municipal Value Fund's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nuveen AMT-Free Municipal Value Fund (NUW), the current Scaled Net Operating Assets is 0.96 as of Oct. 2025. 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.

Is Nuveen AMT-Free Municipal Value Fund (NUW) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen AMT-Free Municipal Value Fund stock appears to be overvalued. The current stock price of $14.44 is trading 0.1% above its estimated GF Value™ of $14.42. GuruFocus considers Nuveen AMT-Free Municipal Value Fund to be Fairly Valued.

Key valuation signals for NUW:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: $14.42 vs. price of $14.44 (0.1% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the NUW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nuveen AMT-Free Municipal Value Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen AMT-Free Municipal Value Fund is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular federal income tax. The Fund's secondary investment objective is to enhance portfolio value and total return.
59GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.44
Price
$14.42
GF Value