Nuveen Minnesota Quality Municipal Income Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Nuveen Minnesota Quality Municipal Income Fund (NMS), the latest P/E of 9.1 frames valuation, while ROE 9.54% and ROIC 7.06% indicates profitability and capital efficiency. Together with the current ratio of 4.74 and debt-to-equity 0.65, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NMS Historical Per Share Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Revenue per Share$0.89$0.35$0.68$-0.50$-1.31$1.44$0.23$1.14$0.39
Net Income per Share$1.17$-0.04$0.32$-0.53$-1.33$1.42$0.20$1.11$0.34
Operating Cash Flow per Share$0.50$0.31$0.42$0.70$0.95$0.52$0.66$0.66$0.35
Free Cash Flow per Share$0.50$0.31$0.42$0.70$0.95$0.52$0.66$0.66$0.35
Cash per Share$0.06$0.00$0.00$0.33$0.33$0.08$0.54$0.53$0.03
Book Value per Share$12.41$12.05$12.44$12.62$13.65$15.62$14.81$15.19$14.69
Tangible Book Value per Share$12.41$12.05$12.44$12.62$13.65$15.62$14.81$15.19$14.69
Interest Debt per Share$8.41$0.38$8.99$0.29$0.10$0.09$9.33$9.34$9.27
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

NMS Historical Valuation Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Price to Earnings (P/E)9.06-259.1433.9-20.82-11.5811.4868.9812.3540.41
Price to Book (P/B)0.850.940.870.881.131.040.930.910.93
Price to Sales (P/S)12.3332.515.8-21.94-11.7811.2960.9912.0834.96
Enterprise Value to EBITDA13.14-259.3627.64-43.67-12.2410.7356.8620.5167.4
EV to Sales21.3732.5328.39-21.31-11.5311.24101.0220.0758.32
EV to Operating Cash Flow38.3236.3646.6515.2416.0131.2834.8134.7865.4
EV to Free Cash Flow38.3236.3646.6515.2416.0131.2834.8134.7865.4
Enterprise Value$116.80M$66.04M$112.33M$62.04M$87.50M$93.78M$131.89M$132.17M$131.39M

NMS Historical Profitability Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Return on Equity (ROE)9.54%-0.36%2.56%-4.20%-9.77%9.09%1.35%7.34%2.29%
Return on Invested Capital (ROIC)7.06%-0.21%0.00%-1.32%-5.42%6.08%-1.69%5.67%-0.97%
Return on Tangible Assets5.65%-0.21%1.51%-2.49%-5.69%5.71%0.83%4.57%1.41%
Earnings Yield11.09%-0.39%2.95%-4.80%-8.63%8.71%1.45%8.10%2.47%
Free Cash Flow Yield4.52%2.75%3.85%6.37%6.12%3.18%4.76%4.78%2.55%
Dividend Yield7.49%7.36%4.46%4.70%4.04%3.71%4.21%4.57%5.40%

NMS Historical Liquidity & Financial Strength

9 years
Metric (FY)TTM20242023202220212020201920182017
Current Ratio4.743.56017.620.963.925.134.562.44
Interest Coverage5.09-0.121.36-1.86-12.6316.471.995.833.14
Income Quality0.43-7.131.31-1.33-0.710.373.280.591.03
Debt to Equity0.6500.690000.620.60.62
Debt to Assets39.40%0.05%40.78%0.03%0.01%0.01%37.91%37.33%38.06%
Net Debt to EBITDA5.56-0.2212.261.30.26-0.0522.538.1726.99

NMS Historical Efficiency Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Receivables Turnover2.921.182.31-1.71-4.584.770.463.791.45
Payables Turnover1.744.42.914.060.251.611.422.291.35
Inventory Turnover0000.4900.530.160.190
Days Sales Outstanding124.94308.14158.08-213.22-79.6876.47795.8696.38251.38
Days Payables Outstanding209.9883.05125.3389.81480.14226.67257.33159.58270.71
Days of Inventory on Hand000749.940694.692354.041946.940

NMS Historical Market Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Enterprise Value to EBITDA13.14-259.3627.64-43.67-12.2410.7356.8620.5167.4
Market Cap$67.37M$65.98M$62.50M$63.89M$89.38M$94.26M$79.62M$79.57M$78.78M
Enterprise Value$116.80M$66.04M$112.33M$62.04M$87.50M$93.78M$131.89M$132.17M$131.39M
Dividend Yield7.49%7.36%4.46%4.70%4.04%3.71%4.21%4.57%5.40%
Payout Ratio69.53%-1906.05%151.27%-97.79%-46.75%42.61%290.09%56.50%218.04%

Frequently Asked Questions

How does Nuveen Minnesota Quality Municipal Income Fund’s P/E ratio compare with its history?

On this page, NMS's current P/E is 9.1, compared with a multi-year average around 29.4. 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 Minnesota Quality Municipal Income 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 $67.37M. 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 Minnesota Quality Municipal Income 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 Minnesota Quality Municipal Income 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 Minnesota Quality Municipal Income Fund compare to its competitors in key financial ratios?

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

What do Nuveen Minnesota Quality Municipal Income Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Nuveen Minnesota Quality Municipal Income Fund is financially strong. Current ratio is about 4.74, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 5.09, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.65, 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 Minnesota Quality Municipal Income 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 Minnesota Quality Municipal Income Fund is sustaining strong returns (for example ROE at 9.54% and ROIC at 7.06%) 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.