As of 2025-05-18, the Intrinsic Value of Nuveen AMT-Free Municipal Credit Income Fund (NVG) is 2.37 USD. This NVG valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 12.00 USD, the upside of Nuveen AMT-Free Municipal Credit Income Fund is -80.2%.

The range of the Intrinsic Value is (0.74) - 10.13 USD.

Is NVG undervalued or overvalued?

Based on its market price of 12.00 USD and our intrinsic valuation, Nuveen AMT-Free Municipal Credit Income Fund (NVG) is overvalued by 80.2%.

12.00 USD

Stock Price

2.37 USD

Intrinsic Value

Intrinsic Value Details

NVG Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	(0.74) - 10.13	2.37	-80.2%
DCF (Growth Exit 10Y)	(0.20) - 9.92	2.73	-77.3%
DCF (EBITDA Exit 5Y)	1.03 - 4.85	2.97	-75.2%
DCF (EBITDA Exit 10Y)	1.13 - 5.27	3.14	-73.8%
Peter Lynch Fair Value	3.19 - 3.19	3.19	-73.42%
P/E Multiples	0.77 - 1.64	1.10	-90.8%
EV/EBITDA Multiples	0.63 - 4.03	2.37	-80.2%
Dividend Discount Model - Stable	1.04 - 2.43	1.74	-85.5%
Dividend Discount Model - Multi Stages	2.23 - 2.97	2.50	-79.2%

NVG Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
PIMCO Dynamic Income Fund	11.21 - 19.91	14.72	-22.0%
DNP Select Income Fund Inc	1.2 - 4.46	2.31	-76.6%
Nuveen Amt-Free Quality Municipal Income Fund	4.5 - 6.82	5.41	-50.5%
Pimco Dynamic Credit and Mortgage Income Fund	(0.33) - 10.50	3.61	-82.4%
Nuveen Quality Municipal Income Fund	5.22 - 7.71	6.21	-45.1%
Adams Diversified Equity Fund Inc	117.57 - 117.57	117.57	476.3%
Nuveen Municipal Credit Income Fund	1.48 - 6.23	2.86	-76.0%
Royce Value Trust Inc	70.06 - 70.06	70.06	363.1%
Tri-Continental Corp	15.91 - 24.82	19.63	-37.5%
Blackrock Science and Technology Trust II	96.79 - 96.79	96.79	403.6%

NVG Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	2,562
Beta	3.55
Outstanding shares (mil)	214
Enterprise Value (mil)	4,515

Market risk premium	5.1%
Cost of Equity	8.65%
Cost of Debt	5.5%
WACC	6.6%