Company Analysis Pioneer Municipal High Income Advantage Fund, Inc.
1. Summary
Advantages
- Dividends (4.33%) are higher than the sector average (2.98%).
Disadvantages
- Price (8.21 $) is higher than fair price (1.46 $)
- The stock's return over the last year (3.65%) is lower than the sector average (20.23%).
- The company's current efficiency (ROE=1.73%) is lower than the sector average (ROE=16.53%)
Similar companies
2. Share price and performance
2.1. Share price
2.3. Market efficiency
Pioneer Municipal High Income Advantage Fund, Inc. | Financials | Index | |
---|---|---|---|
7 days | 0.6% | -17.2% | -0.1% |
90 days | -4.7% | -0.4% | 6.8% |
1 year | 3.6% | 20.2% | 10.9% |
MAV vs Sector: Pioneer Municipal High Income Advantage Fund, Inc. has significantly underperformed the "Financials" sector by -16.58% over the past year.
MAV vs Market: Pioneer Municipal High Income Advantage Fund, Inc. has significantly underperformed the market by -7.25% over the past year.
Stable price: MAV is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.
Long period: MAV with weekly volatility of 0.0701% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (8.21 $) is higher than the fair price (1.46 $).
Price is higher than fair: The current price (8.21 $) is 82.2% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (50.25) is lower than that of the sector as a whole (63.37).
P/E vs Market: The company's P/E (50.25) is lower than that of the market as a whole (62.08).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (0.8802) is lower than that of the sector as a whole (2.7).
P/BV vs Market: The company's P/BV (0.8802) is lower than that of the market as a whole (20.84).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (9.9) is higher than that of the sector as a whole (4.12).
P/S vs Market: The company's P/S indicator (9.9) is lower than that of the market as a whole (16.02).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (-35.49) is higher than that of the sector as a whole (-69.15).
EV/Ebitda vs Market: The company's EV/Ebitda (-35.49) is lower than that of the market as a whole (27.1).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Negative and has fallen by -14.12% over the last 5 years.
Accelerating profitability: The return for the last year (0%) exceeds the average return for 5 years (-14.12%).
Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-52.19%).
5.4. ROE
ROE vs Sector: The company's ROE (1.73%) is lower than that of the sector as a whole (16.53%).
ROE vs Market: The company's ROE (1.73%) is lower than that of the market as a whole (43%).
5.5. ROA
ROA vs Sector: The company's ROA (1.21%) is lower than that of the sector as a whole (3.56%).
ROA vs Market: The company's ROA (1.21%) is lower than that of the market as a whole (23.28%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (5.17%).
ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (9.2%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 4.33% is higher than the average for the sector '2.98%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 4.33% has been steadily paid over the past 7 years, DSI=0.79.
Weak dividend growth: The company's dividend yield 4.33% has been growing weakly or stagnant over the past 5 years. Growth over only 0 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (218.08%) are at an uncomfortable level.
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