What is NKX P/E ratio?

Nuveen California AMT-Free Quality Municipal Income Fund's P/E ratio is -16.27. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is NKX return on equity (ROE)?

Nuveen California AMT-Free Quality Municipal Income Fund's return on equity (ROE) is -6.30%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

NYSE · Asset Management - Income

Nuveen California AMT-Free Quality Municipal Income Fund (NKX) Stock

Q: What is Nuveen California AMT-Free Quality Municipal Income Fund's market cap?

Nuveen California AMT-Free Quality Municipal Income Fund has a market capitalization of $657.36M.

$12.30 +0.41% NYSE: NKX Financial Services

Valuation

Metric	Value
Price	$12.30
Market Cap	$657.36M
P/E Ratio	-16.27
P/B Ratio	1.06
P/S Ratio	15.35
EPS (TTM)	$-0.75
52-Week High	$13.20
52-Week Low	$11.67
Dividend Yield	6.99%

Financials & Margins

Metric	Value
ROE	-6.30%
ROA	-3.67%
ROCE	-2.11%
Gross Margin	85.91%
Operating Margin	-49.95%
Net Margin	-87.40%
Debt/Equity	0.76
Current Ratio	1.66

Annual Financials (USD)

Metric	2021	2022	2023	2024	2025
Revenue	$45.0M	$19.0M	$42.0M	$44.0M	$43.0M
Operating Profit	$-5.0M	$-86.0M	$59.0M	$47.0M	$-21.0M
Net Profit	$-8.0M	$-97.0M	$40.0M	$29.0M	$-37.0M
EPS	$-0.18	$-2.04	$0.85	$0.60	$-0.75
Op Margin	-10.1%	-443.4%	139.4%	107.8%	-50.0%

Balance Sheet (USD)

Metric	2021	2022	2023	2024	2025
Total Assets	$1.2B	$1.1B	$1.1B	$1.1B	$1.0B
Total Liabilities	$460.0M	$435.0M	$433.0M	$434.0M	$445.0M
Cash	$0	$0	$0	$1.0M	$0
Borrowings	$456.0M	$431.0M	$429.0M	$429.0M	$437.0M

Cash Flow (USD)

Metric	2021	2022	2023	2024	2025
Operating Cash Flow	$26.0M	$55.0M	$27.0M	$7.0M	—
Investing Cash Flow	$-6.0M	$26.0M	$24.0M	$-11.0M	—
Financing Cash Flow	$0	$36.0M	$0	$0	—
Net Cash Flow	$-1.0M	$26.0M	$0	$1.0M	—
Free Cash Flow	$26.0M	$55.0M	$27.0M	$7.0M	$0

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.28
EV / EBITDA	-51.15
FCF Yield	3.59%
Quick Ratio	1.66
Interest Coverage	-2.79
Return 1Y	11.99%
Return 3Y	33.27%
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
AAIEXAmerican Beacon International Equity Fund	$20.84	-0.57%	16.54	$594.58M	11.53%
ACPAbrdn Income Credit Strategies Fund	$5.30	-0.19%	8.15	$664.99M	0.00%
ASGIAbrdn Global Infrastructure Income Fund	$23.93	-1.16%	7.49	$756.88M	0.00%
CCDCalamos Dynamic Convertible and Income Fund	$25.44	-0.10%	2.90	$716.49M	0.00%
ETJEaton Vance Risk-Managed Diversified Equity Income Fund	$8.45	-0.59%	11.42	$568.70M	9.23%

About Nuveen California AMT-Free Quality Municipal Income Fund

The Nuveen California AMT-Free Quality Municipal Income Fund operates as a closed-end mutual fund, established by Nuveen Investments, Inc., with a specialized focus on fixed-income securities. Jointly managed by Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC, this U.S.-domiciled fund commenced operations on November 21, 2002. Formerly known as the Nuveen California AMT-Free Municipal Income Fund, its investment strategy primarily targets the fixed-income markets within California. The fund strategically acquires undervalued municipal bonds and other related investments, chosen specifically because their income is exempt from both regular federal and California income taxes. These holdings are mandated to possess a credit rating of at least Baa or BBB and currently maintain an average maturity of 20.17 years. Its portfolio is meticulously constructed using a bottom-up approach, guided by fundamental analysis. To assess its performance, the fund benchmarks itself against both the Standard & Poor's (S&P) California Municipal Bond Index and the S&P National Municipal Bond Index.

Nuveen California AMT-Free Quality Municipal Income Fund is headquartered in US.

Nuveen California AMT-Free Quality Municipal Income Fund (NKX) stock trades at $12.30 with a market capitalization of $657.36M. The stock is valued at a price-to-earnings (P/E) ratio of -16.27, price-to-book of 1.06, price-to-sales of 15.35. Over the past 52 weeks the stock has ranged between $11.67 and $13.20, and currently trades 6.8% below its 52-week high. It pays a dividend yielding 6.99%.

On profitability, Nuveen California AMT-Free Quality Municipal Income Fund generates a return on equity (ROE) of -6.30%, return on capital employed of -2.11%, an operating margin of -49.95%, a net profit margin of -87.40%.

Official website: www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NKX