Nuveen Municipal Credit Opportunities Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Nuveen Municipal Credit Opportunities Fund (NMCO), the latest P/E of 20.4 frames valuation, while ROE 4.48% and ROIC -0.82% indicates profitability and capital efficiency. Together with the current ratio of 5.97 and debt-to-equity 0.73, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NMCO Historical Per Share Metrics

7 years
Metric (FY)TTM202420232022202120202019
Revenue per Share$0.34$1.11$1.02$-3.55$1.15$1.04$0.08
Net Income per Share$0.48$2.34$-0.47$-3.58$3.40$-1.54$0.08
Operating Cash Flow per Share$0.59$0.50$1.17$0.24$0.41$-7.53$0.00
Free Cash Flow per Share$0.59$0.50$1.17$0.24$0.41$-7.53$0.00
Cash per Share$0.16$1.20$0.00$0.00$0.06$0.33$0.22
Book Value per Share$10.64$47.76$10.08$11.30$15.47$12.81$15.31
Tangible Book Value per Share$10.64$47.76$10.08$11.30$15.47$12.81$15.31
Interest Debt per Share$8.08$8.35$0.00$0.37$8.91$8.84$0.54
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00

NMCO Historical Valuation Ratios

7 years
Metric (FY)TTM202420232022202120202019
Price to Earnings (P/E)20.354.75-18.45-2.94.47-7.57192.38
Price to Book (P/B)0.920.230.860.920.980.911.01
Price to Sales (P/S)28.529.998.46-2.9313.2311.26188.74
Enterprise Value to EBITDA58.8200-1.34000
EV to Sales51.0416.438.46-2.9920.9319.47192.71
EV to Operating Cash Flow29.3936.377.4143.5559.35-2.680
EV to Free Cash Flow29.3936.377.4143.5559.35-2.680
Enterprise Value$968.52M$1.00B$474.26M$573.49M$1.28B$1.08B$824.12M

NMCO Historical Profitability Ratios

7 years
Metric (FY)TTM202420232022202120202019
Return on Equity (ROE)4.48%4.89%-4.66%-31.69%21.99%-12.04%0.52%
Return on Invested Capital (ROIC)-0.82%1.17%4.36%4.57%3.74%3.83%-5.55%
Return on Tangible Assets2.58%2.91%-2.42%-17.27%13.90%-7.08%0.50%
Earnings Yield4.90%21.05%-5.42%-34.46%22.38%-13.20%0.52%
Free Cash Flow Yield6.09%4.52%13.49%2.34%2.67%-64.45%0.00%
Dividend Yield8.41%5.89%7.27%7.06%4.89%5.66%0.00%

NMCO Historical Liquidity & Financial Strength

7 years
Metric (FY)TTM202420232022202120202019
Current Ratio5.971.761.511.367.876.141.49
Interest Coverage-0.55006.220092.39
Income Quality1.230.21-2.49-0.070.124.880
Debt to Equity0.730.1700.020.580.690.04
Debt to Assets41.96%10.41%0.00%1.07%36.42%40.55%3.37%
Net Debt to EBITDA25.9500-0.03000

NMCO Historical Efficiency Ratios

7 years
Metric (FY)TTM202420232022202120202019
Receivables Turnover0.470.711.38-4.722.762.350.57
Payables Turnover7.89000.27000
Inventory Turnover0000000
Days Sales Outstanding777.69512.77264.97-77.31132.42155.32636.96
Days Payables Outstanding46.25001358.41000
Days of Inventory on Hand0000000

NMCO Historical Market Metrics

7 years
Metric (FY)TTM202420232022202120202019
Enterprise Value to EBITDA58.8200-1.34000
Market Cap$541.15M$608.30M$474.26M$561.53M$809.95M$622.26M$807.15M
Enterprise Value$968.52M$1.00B$474.26M$573.49M$1.28B$1.08B$824.12M
Dividend Yield8.41%5.89%7.27%7.06%4.89%5.66%0.00%
Payout Ratio167.02%27.97%-134.19%-20.49%21.88%-42.84%0.00%

Frequently Asked Questions

How does Nuveen Municipal Credit Opportunities Fund’s P/E ratio compare with its history?

On this page, NMCO's current P/E is 20.4, compared with a multi-year average around 55.5. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Nuveen Municipal Credit Opportunities Fund market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $541.15M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Nuveen Municipal Credit Opportunities Fund’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Nuveen Municipal Credit Opportunities Fund's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Nuveen Municipal Credit Opportunities Fund compare to its competitors in key financial ratios?

The fastest way to compare Nuveen Municipal Credit Opportunities Fund with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Nuveen Municipal Credit Opportunities Fund outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Nuveen Municipal Credit Opportunities Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Nuveen Municipal Credit Opportunities Fund is financially strong. Current ratio is about 5.97, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about -0.55, implying less buffer for servicing interest costs. Debt-to-equity is about 0.73, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Nuveen Municipal Credit Opportunities Fund's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Nuveen Municipal Credit Opportunities Fund is sustaining strong returns (for example ROE at 4.48% and ROIC at -0.82%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.