Nuveen Municipal Income Fund, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Nuveen Municipal Income Fund, Inc. (NMI), the latest P/E of 18.7 frames valuation, while ROE 5.39% and ROIC 2.54% indicates profitability and capital efficiency. Together with the current ratio of 2.00 and debt-to-equity 0.00, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NMI Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$0.46$1.39$0.45$0.42$0.45$0.46$0.92$0.03$0.28$0.59
Net Income per Share$0.52$1.36$0.29$-1.71$0.52$0.19$0.90$-0.00$0.26$0.65
Operating Cash Flow per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.90$-0.00$0.26$0.65
Free Cash Flow per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.90$-0.00$0.26$0.65
Cash per Share$0.06$0.00$0.08$0.14$0.19$0.05$0.02$0.20$0.01$0.12
Book Value per Share$9.88$10.10$9.16$9.24$11.27$11.11$11.34$10.92$12.20$11.60
Tangible Book Value per Share$9.88$10.10$9.16$9.24$11.27$11.11$11.34$10.92$12.20$11.60
Interest Debt per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

NMI Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)18.717.128.79-522.459.4812.58-2472.5744.0418.64
Price to Book (P/B)1.060.960.910.921.031.0210.920.941.05
Price to Sales (P/S)21.486.9718.6520.4225.8224.4712.31367.4740.6920.64
Enterprise Value to EBITDA18.97.10-4.9222.0359.240000
EV to Sales21.446.9618.4620.0925.424.3712.28360.3640.6620.44
EV to Operating Cash Flow00000012.56-2424.7744.0118.56
EV to Free Cash Flow00000012.56-2424.7744.0118.56
Enterprise Value$117.77M$97.29M$83.12M$84.28M$114.87M$103.61M$99.66M$86.44M$91.13M$100.53M

NMI Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)5.39%13.49%3.17%-18.45%4.61%1.72%7.95%-0.04%2.13%5.64%
Return on Invested Capital (ROIC)2.54%13.47%4.11%-18.42%4.60%1.71%4.20%1.62%-0.36%4.38%
Return on Tangible Assets5.15%13.16%3.02%-18.17%4.52%1.69%7.92%-0.04%2.10%5.37%
Earnings Yield4.93%14.08%3.47%-19.99%4.46%1.68%7.95%-0.04%2.27%5.37%
Free Cash Flow Yield0.00%0.00%0.00%0.00%0.00%0.00%7.95%-0.04%2.27%5.34%
Dividend Yield4.35%4.40%4.38%3.94%3.28%3.92%4.45%4.53%4.28%4.16%

NMI Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio21.491.1131.971.726.080.951.120.73
Interest Coverage1672.865350.634970.36-50680.6259929.990000146.17
Income Quality0000001111
Debt to Equity0000000000
Debt to Assets0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Debt to EBITDA-0.04000.08-0.37-0.240000

NMI Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover1.833.881.151.712.463.195.220.111.691.88
Payables Turnover0.5600.1500.440.922.340.350.730.14
Inventory Turnover0000000000
Days Sales Outstanding199.3493.97316.02213.4148.45114.5769.943239.82216.21194.31
Days Payables Outstanding652.08295801.562428.951079881.66837.53396.55156.171050.61501.912538.15
Days of Inventory on Hand0000000000

NMI Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA18.97.10-4.9222.0359.240000
Market Cap$118.02M$97.29M$83.97M$85.69M$116.80M$104.03M$99.87M$88.15M$91.20M$101.51M
Enterprise Value$117.77M$97.29M$83.12M$84.28M$114.87M$103.61M$99.66M$86.44M$91.13M$100.53M
Dividend Yield4.35%4.40%4.38%3.94%3.28%3.92%4.45%4.53%4.28%4.16%
Payout Ratio0.00%31.22%126.21%-19.73%73.39%233.33%55.97%-11201.31%188.27%77.53%

Frequently Asked Questions

How does Nuveen Municipal Income Fund, Inc.’s P/E ratio compare with its history?

On this page, NMI's current P/E is 18.7, compared with a multi-year average around 26.5. 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 Income Fund, Inc. 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 $118.02M. 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 Income Fund, Inc.’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 Income Fund, Inc.'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 Income Fund, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Nuveen Municipal Income Fund, Inc. 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 Income Fund, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Nuveen Municipal Income Fund, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Nuveen Municipal Income Fund, Inc. is financially strong. Current ratio is about 2.00, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 1672.86, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.00, 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 Income Fund, Inc.'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 Income Fund, Inc. is sustaining strong returns (for example ROE at 5.39% and ROIC at 2.54%) 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.