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Company Analysis Nuveen New Jersey Quality Municipal Income Fund
1. Summary
Advantages
- Price (12.08 $) is less than fair price (12.97 $)
- Dividends (7.02%) are higher than the sector average (2.71%).
- The stock's return over the last year (0.919%) is higher than the sector average (-0.81%).
Disadvantages
- Current debt level 32.53% has increased over 5 years from 0%.
- The company's current efficiency (ROE=-10.89%) is lower than the sector average (ROE=89.52%)
Similar companies
2. Share price and performance
2.1. Share price
2.3. Market efficiency
| Nuveen New Jersey Quality Municipal Income Fund | Financials | Index | |
|---|---|---|---|
| 7 days | 1.4% | -5.4% | 0.8% |
| 90 days | 5.9% | -4.2% | 11% |
| 1 year | 0.9% | -0.8% | 16.1% |
NXJ vs Sector: Nuveen New Jersey Quality Municipal Income Fund has outperformed the "Financials" sector by 1.73% over the past year.
NXJ vs Market: Nuveen New Jersey Quality Municipal Income Fund has significantly underperformed the market by -15.14% over the past year.
Stable price: NXJ 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: NXJ with weekly volatility of 0.0177% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Below fair price: The current price (12.08 $) is lower than the fair price (12.97 $).
Price not significantly lower than the fair price: The current price (12.08 $) is slightly lower than the fair price by 7.4%.
4.2. P/E
P/E vs Sector: The company's P/E (10.43) is lower than that of the sector as a whole (53.39).
P/E vs Market: The company's P/E (10.43) is lower than that of the market as a whole (51.19).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (0.84) is lower than that of the sector as a whole (2.67).
P/BV vs Market: The company's P/BV (0.84) is lower than that of the market as a whole (18.13).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (12.39) is higher than that of the sector as a whole (6.33).
P/S vs Market: The company's P/S indicator (12.39) is lower than that of the market as a whole (27.99).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (0) is lower than that of the sector as a whole (15.63).
EV/Ebitda vs Market: The company's EV/Ebitda (0) is lower than that of the market as a whole (36.56).
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 -150.2% over the last 5 years.
Accelerating profitability: The return for the last year (0%) exceeds the average return for 5 years (-150.2%).
Profitability vs Sector: The return for the last year (0%) is lower than the return for the sector (29.77%).
5.4. ROE
ROE vs Sector: The company's ROE (-10.89%) is lower than that of the sector as a whole (89.52%).
ROE vs Market: The company's ROE (-10.89%) is lower than that of the market as a whole (34.77%).
5.5. ROA
ROA vs Sector: The company's ROA (2%) is lower than that of the sector as a whole (24.69%).
ROA vs Market: The company's ROA (2%) is lower than that of the market as a whole (11.49%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (7.05%).
ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (10.03%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 7.02% is higher than the average for the sector '2.71%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 7.02% has been steadily paid over the past 7 years, DSI=0.86.
Weak dividend growth: The company's dividend yield 7.02% has been growing weakly or stagnant over the past 5 years. Growth over only 1 year.
7.3. Payout percentage
Dividend Coverage: Current payments from income (58.5%) are at a comfortable level.
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