Financials Nuveen Municipal Credit Opportunities Fund

Equities

NMCO

US6706631032

Closed End Funds

End-of-day quote Nyse 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
10.39 USD +1.07% Intraday chart for Nuveen Municipal Credit Opportunities Fund +1.37% +4.21%

Valuation

Fiscal Period: October 2019 2020 2021 2022 2023
Capitalization 1 723.4 622.2 801.3 554 475.1
Enterprise Value (EV) 1 740.4 1,075 1,273 1,033 924.2
P/E ratio - -7.57 x 4.42 x -2.94 x -18.5 x
Yield - 6.21% 4.95% 7.12% 7.13%
Capitalization / Revenue 18.5 x 11.3 x 13.1 x 8.91 x 8.47 x
EV / Revenue 19 x 19.5 x 20.8 x 16.6 x 16.5 x
EV / EBITDA - - - - -
EV / FCF - 550,293,137 x 49,480,915 x 30,039,991 x 35,404,544 x
FCF Yield - 0% 0% 0% 0%
Price to Book 1.02 x 0.91 x 0.97 x 0.93 x 0.86 x
Nbr of stocks (in thousands) 47,007 53,269 53,276 53,317 54,802
Reference price 2 15.39 11.68 15.04 10.39 8.670
Announcement Date 08/01/20 07/01/21 06/01/22 09/01/23 05/01/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023
Net sales 1 39.06 55.25 61.21 62.18 56.06
EBITDA - - - - -
EBIT 1 28.61 44.25 48.63 50.03 44.5
Operating Margin 73.26% 80.1% 79.44% 80.45% 79.37%
Earnings before Tax (EBT) 1 50.35 -82.15 181.2 -193.5 -25.71
Net income 1 50.35 -82.15 181.2 -193.5 -25.71
Net margin 128.9% -148.69% 296.11% -311.15% -45.86%
EPS - -1.542 3.401 -3.533 -0.4691
Free Cash Flow - 1.954 25.72 34.38 26.1
FCF margin - 3.54% 42.02% 55.29% 46.56%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - 14.19% - -
Dividend per Share - 0.7255 0.7440 0.7395 0.6180
Announcement Date 08/01/20 07/01/21 06/01/22 09/01/23 05/01/24
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023
Net Debt 1 17 453 471 479 449
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - 1.95 25.7 34.4 26.1
ROE (net income / shareholders' equity) - -11.1% 24.1% -27% -4.43%
ROA (Net income/ Total Assets) - 2.76% 2.47% 2.58% 2.55%
Assets 1 - -2,979 7,349 -7,501 -1,009
Book Value Per Share 2 15.10 12.80 15.50 11.10 10.10
Cash Flow per Share 2 0.2200 0.3300 0.0600 - -
Capex - - - - -
Capex / Sales - - - - -
Announcement Date 08/01/20 07/01/21 06/01/22 09/01/23 05/01/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
10.63
Average target price
-
Consensus
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