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 | 2.24 | 0.24 | 8.11 | 1.88 | 5.35 | 49.52 | 458.23 | 4,240.46 | 39,241.15 | 363,137.09 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 2.07 | -0.04 | 7.94 | 1.10 | 3.13 | 28.94 | 267.83 | 2,478.48 | 22,935.85 | 212,248.03 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | - | - | - | 1.10 | 3.13 | 28.94 | 267.83 | 2,478.48 | 22,935.85 | 212,248.03 |
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 | 2.24 | 0.24 | 8.11 | 1.88 | 5.35 | 49.52 | 458.23 | 4,240.46 | 39,241.15 | 363,137.09 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 2.07 | -0.04 | 7.94 | 1.10 | 3.13 | 28.94 | 267.83 | 2,478.48 | 22,935.85 | 212,248.03 |
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | 1.10 | 3.13 | 28.94 | 267.83 | 2,478.48 | 22,935.85 | 212,248.03 |
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 | - |