Discounted Cash Flow (DCF) Analysis Levered

Nuveen Municipal Income Fund, Inc. (NMI)

$9.59

+0.09 (+0.95%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 2.240.248.111.885.3549.52458.234,240.4639,241.15363,137.09
Revenue (%)
Operating Cash Flow 2.07-0.047.941.103.1328.94267.832,478.4822,935.85212,248.03
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ---1.103.1328.94267.832,478.4822,935.85212,248.03

Weighted Average Cost Of Capital

Share price $ 9.59
Beta 0.093
Diluted Shares Outstanding 8.82
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.224
Total Debt -
Total Equity 84.57
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 2.240.248.111.885.3549.52458.234,240.4639,241.15363,137.09
Operating Cash Flow 2.07-0.047.941.103.1328.94267.832,478.4822,935.85212,248.03
Capital Expenditure ----------
Free Cash Flow ---1.103.1328.94267.832,478.4822,935.85212,248.03
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 216,492.99
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -1.92
Equity Value -
Shares Outstanding 8.82
Equity Value Per Share -