Nuveen New York AMT-Free Quality Municipal Income Fund

OVERVALUEDNRK · NYSE · Financial Services
NRK·NYSE·Financial Services
OVERVALUED
Nuveen New York AMT-Free Quality Municipal Income Fund
34.6%downside
MARKET PRICE
$10.54
FAIR PRICE
$6.90
MARGIN
$3.64
UNDERVALUEDFAIROVERVALUED
P/E RATIO
28.4x
DIV. YIELD
8.55%
ROE
N/A
MARKET CAP
$915M
FPI
fairpriceindex.com

FAIR PRICE VALUATION

34.6%downside

Updated daily

Model: DCF 50% · Relative 30% · Consensus 20%

MARKET PRICE

$10.54

FAIR PRICE

$6.90

MARGIN

$3.64

UNDERVALUEDFAIROVERVALUED

P/E Ratio

28.4x

What is P/E? →

Div. Yield

8.55%

ROE

N/A

Market Cap

$915M

Small-cap

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FPI RATING

4.5/ 10

Strong profitability and high-quality fundamentals, but volatile earnings pattern and limited growth momentum.

Analytical data, not an investment recommendation. Updated daily.

How we calculate this ↗

MARGIN OF SAFETY

A 20% margin of safety below fair value — the conservative entry level for risk-aware investors.

$5.52CONSERVATIVE ENTRY
$6.90FAIR PRICE
$10.54MARKET PRICE

SAFETY MARGIN

20%

Below fair value

ENTRY LEVEL

$5.52

Fair price × 0.80

DISTANCE

47.7%

Price to entry level

At the current price of $10.54, NRK trades 47.7% above the conservative entry level of $5.52. This entry level represents a 20% margin of safety below the calculated fair price of $6.90 — a buffer that accounts for estimation uncertainty in the valuation model.

Margin of safety is a risk management concept, not an investment recommendation. The 20% threshold follows Benjamin Graham's value investing framework. Fair price and entry levels are model-based estimates updated daily. Learn more about Margin of Safety ↗

VALUATION HISTORY

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P/E RATIO HISTORY

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METHODOLOGY

How we calculate NRK's fair price

Nuveen New York AMT-Free Quality Municipal Income Fund's fair price of $6.90 is derived from a blended model that combines DCF analysis (50%), relative valuation against Financial Services peers using metrics like P/E and EV/EBITDA (30%), and analyst consensus (20%). At the current market price of $10.54, NRK trades 34.6% above its calculated fair value.

DCF MODEL · 50%

Discounted free cash flow analysis based on projected cash flows, discounted at a rate reflecting NRK's risk profile.

RELATIVE · 30%

Comparing NRK's valuation multiples against Financial Services peers to determine if the stock is over or undervalued relative to its industry.

ANALYST · 20%

Aggregated analyst price targets for NRK, weighted by recency and analyst accuracy.

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Want to test your own assumptions? Use our free calculators to estimate NRK's fair value with your own inputs.

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FAQ

What is the fair price of NRK?+

Based on our blended model combining DCF analysis (50%), relative valuation against Financial Services peers (30%), and analyst consensus (20%), the fair price for Nuveen New York AMT-Free Quality Municipal Income Fund is $6.90. At the current market price of $10.54, NRK trades 34.6% above its calculated fair value.

Is NRK overvalued or undervalued?+

Nuveen New York AMT-Free Quality Municipal Income Fund is currently overvalued based on our valuation model. The stock trades at $10.54, which is 34.6% above the fair price of $6.90. The P/E ratio of 28.4x is a key metric in the valuation.

What is the margin of safety for NRK?+

With a 20% margin of safety applied to the fair price of $6.90, the conservative entry level for NRK is $5.52. At the current market price of $10.54, the stock trades 47.7% above this entry level. Margin of safety is a risk management concept from Benjamin Graham's value investing framework, not an investment recommendation.

How often is NRK's fair price updated?+

We update fair price calculations for NRK daily after market close. The current fair price of $6.90 incorporates the latest market data and sector multiples.

What factors affect NRK's fair price calculation?+

NRK's fair price of $6.90 is derived from DCF analysis (50% weight), relative valuation against Financial Services peers (30% weight), and analyst consensus (20% weight). Key metrics include P/E of 28.4x, and dividend yield of 8.55%.

Is NRK a good buy right now?+

At $10.54, NRK trades 34.6% above our fair value estimate of $6.90. The stock is currently overvalued. Fair Price Index provides valuation data — always do your own research before investing.

Does NRK pay dividends?+

NRK has a dividend yield of 8.55%.

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Fair Price Index is for informational purposes only and does not constitute investment advice. Fair value calculations are model-based estimates and may not reflect actual market conditions. Always conduct your own research before making investment decisions.