Nuveen California Valuation
| NKX Fund | USD 12.88 0.02 0.16% |
At this time, the fund appears to be fairly valued. Nuveen California Amt secures a last-minute Real Value of $12.87 per share. The latest price of the fund is $12.88. We determine the value of Nuveen California Amt from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nuveen California's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen California Amt secures a last-minute Real Value of $12.87 per share. The latest price of the fund is $12.88. We determine the value of Nuveen California Amt from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen California's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.88 | Real 12.87 | Hype 12.89 | Naive 13.13 |
The intrinsic value of Nuveen California's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen California's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen California Amt helps investors to forecast how Nuveen fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen California more accurately as focusing exclusively on Nuveen California's fundamentals will not take into account other important factors: Nuveen California Total Value Analysis
Nuveen California Amt is now forecasted to have company total value of 975.85 M with market capitalization of 621.09 M, debt of 456.45 M, and cash on hands of 6.85 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Nuveen California fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
975.85 M | 621.09 M | 456.45 M | 6.85 M |
Nuveen California Investor Information
The fund last dividend was 0.56 per share. Based on the key measurements obtained from Nuveen California's financial statements, Nuveen California Amt is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Nuveen California Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nuveen California has an asset utilization ratio of 26.4 percent. This suggests that the Fund is making $0.26 for each dollar of assets. An increasing asset utilization means that Nuveen California Amt is more efficient with each dollar of assets it utilizes for everyday operations.Nuveen California Ownership Allocation
Nuveen California Amt maintains a total of 47.52 Million outstanding shares. Roughly 87.35 % of Nuveen California outstanding shares are held by general public with 12.65 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen California Profitability Analysis
The company reported the last year's revenue of 44.45 M. Reported Net Loss for the year was (8.37 M) with profit before taxes, overhead, and interest of 44.45 M.Nuveen California Past Distributions to stockholders
About Nuveen California Valuation
Our relative valuation model uses a comparative analysis of Nuveen California. We calculate exposure to Nuveen California's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen California's related companies.Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of California, United States. The fund primarily invests in undervalued municipal securities and other related investments the income which are exempt from regular federal and California income taxes and are rated Baa, BBB or higher with an average maturity of 20.17 years. It employs fundamental analysis with a bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors California Municipal Bond Index and the SP National Municipal Bond Index. It was formerly known as Nuveen California AMT-Free Municipal Income Fund. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.
A single share of Nuveen California represents a small ownership stake in the entity. As a stockholder of Nuveen, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Nuveen California Dividends Analysis For Valuation
Please note that Nuveen California has scaled down on payment of dividends at this time.
There are various types of dividends Nuveen California can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Nuveen shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Nuveen California Amt directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Nuveen pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Nuveen California by the value of the dividends paid out.
Other Information on Investing in Nuveen Fund
Nuveen California financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen California security.
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