RiverNorth Opportunistic Municipal Income Fund, Inc. Fundamental Analysis (NYSE: RMI)
RiverNorth Opportunistic Municipal Income Fund, Inc. Fundamental Analysis (NYSE: RMI)
RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE: RMI) shows weak financial fundamentals with a PE ratio of 127.88, profit margin of 15.16%, and ROE of 0.78%. 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 44.8/100 based on profitability, valuation, growth, and balance sheet metrics. The D grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze RMI's fundamental strength across five key dimensions:
Efficiency Score
WeakRMI struggles to generate sufficient returns from assets.
Valuation Score
ModerateRMI shows balanced valuation metrics.
Growth Score
WeakRMI faces weak or negative growth trends.
Financial Health Score
ExcellentRMI maintains a strong and stable balance sheet.
Profitability Score
ExcellentRMI achieves industry-leading margins.
Key Financial Metrics
Is RMI Expensive or Cheap?
P/E Ratio
RMI trades at 127.88 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, RMI's PEG of -0.49 indicates potential undervaluation.
Price to Book
The market values RiverNorth Opportunistic Municipal Income Fund, Inc. at 0.97 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 10.19 times EBITDA. This signals the market has high growth expectations.
How Well Does RMI Make Money?
Net Profit Margin
For every $100 in sales, RiverNorth Opportunistic Municipal Income Fund, Inc. keeps $15.16 as profit after all expenses.
Operating Margin
Core operations generate 59.41 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $0.78 in profit for every $100 of shareholder equity.
ROA
RiverNorth Opportunistic Municipal Income Fund, Inc. generates $0.46 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
RiverNorth Opportunistic Municipal Income Fund, Inc. produces operating cash flow of $1.12M, showing steady but balanced cash generation.
Free Cash Flow
RiverNorth Opportunistic Municipal Income Fund, Inc. generates strong free cash flow of $1.12M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.18 in free cash annually.
FCF Yield
RMI converts 1.15% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
127.88
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.49
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.97
vs 25 benchmark
P/S Ratio
Price to sales ratio
19.12
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.66
vs 25 benchmark
Current Ratio
Current assets to current liabilities
4.51
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.008
vs 25 benchmark
ROA
Return on assets percentage
0.005
vs 25 benchmark
ROCE
Return on capital employed
0.02
vs 25 benchmark
How RMI Stacks Against Its Sector Peers
| Metric | RMI Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 127.88 | 21.05 | Worse (Expensive) |
| ROE | 0.78% | 653.00% | Weak |
| Net Margin | 15.16% | -610.00% (disorted) | Strong |
| Debt/Equity | 0.66 | 0.88 | Strong (Low Leverage) |
| Current Ratio | 4.51 | 891.58 | Strong Liquidity |
| ROA | 0.46% | 6602.00% | Weak |
RMI outperforms its industry in 3 out of 6 key metrics, particularly excelling in Net Margin, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews RiverNorth Opportunistic Municipal Income Fund, Inc.'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