NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest Fundamental Analysis (NYSE: MMD)
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest Fundamental Analysis (NYSE: MMD)
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (NYSE: MMD) shows weak financial fundamentals with a PE ratio of 10.79, profit margin of 1.18%, and ROE of 8.46%. The company generates $0.0B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 61.3/100 based on profitability, valuation, growth, and balance sheet metrics. The C+ grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze MMD's fundamental strength across five key dimensions:
Efficiency Score
WeakMMD struggles to generate sufficient returns from assets.
Valuation Score
ExcellentMMD trades at attractive valuation levels.
Growth Score
ModerateMMD shows steady but slowing expansion.
Financial Health Score
ExcellentMMD maintains a strong and stable balance sheet.
Profitability Score
WeakMMD struggles to sustain strong margins.
Key Financial Metrics
Is MMD Expensive or Cheap?
P/E Ratio
MMD trades at 10.79 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, MMD's PEG of 0.00 indicates potential undervaluation.
Price to Book
The market values NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest at 0.92 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 3.45 times EBITDA. This is generally considered low.
How Well Does MMD Make Money?
Net Profit Margin
For every $100 in sales, NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest keeps $1.18 as profit after all expenses.
Operating Margin
Core operations generate 1.41 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $8.46 in profit for every $100 of shareholder equity.
ROA
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest generates $5.37 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest generates strong operating cash flow of $15.49M, reflecting robust business health.
Free Cash Flow
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest generates strong free cash flow of $15.49M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.82 in free cash annually.
FCF Yield
MMD converts 5.50% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
10.79
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.003
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.92
vs 25 benchmark
P/S Ratio
Price to sales ratio
12.75
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.57
vs 25 benchmark
Current Ratio
Current assets to current liabilities
3.05
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.08
vs 25 benchmark
ROA
Return on assets percentage
0.05
vs 25 benchmark
ROCE
Return on capital employed
0.06
vs 25 benchmark
How MMD Stacks Against Its Sector Peers
| Metric | MMD Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 10.79 | 21.07 | Better (Cheaper) |
| ROE | 8.46% | 647.00% | Weak |
| Net Margin | 117.99% | -1593.00% (disorted) | Strong |
| Debt/Equity | 0.57 | 0.90 | Strong (Low Leverage) |
| Current Ratio | 3.05 | 911.99 | Strong Liquidity |
| ROA | 5.37% | -578.00% (disorted) | Weak |
MMD outperforms its industry in 4 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Value, Dividend, Cyclical
EPS CAGR
N/A
Industry Style: Value, Dividend, Cyclical
FCF CAGR
N/A
Industry Style: Value, Dividend, Cyclical