Joel Greenblatt · Magic Formula: high return on capital at a cheap EV/EBIT
Is Nuveen AMT-Free Quality Municipal Income Fund (NEA) a Joel Greenblatt Stock?
High-quality business at a cheap price, strong Magic Formula fit.
78/100
Mixed
1/5 criteria passed
Joel Greenblatt's Criteria, Applied to NEA
EBIT/EV yield ≥ 10%
key2.7%
ROIC ≥ 25%
key-
EV/EBIT ≤ 12
36.6x
Gross margin ≥ 30%
80.8%
How NEA Scores on Other Strategies
Live Financial Snapshot
Market cap
$3.12B
P/E (TTM)
40.8x
ROIC (TTM)
-5.93%
Gross margin
80.83%
Other Joel Greenblatt fit reports
Frequently Asked Questions
What is NEA's Joel Greenblatt fit score?
NEA scores 78/100 on our Joel Greenblatt fit engine. High-quality business at a cheap price, strong Magic Formula fit.
Does Joel Greenblatt actually own NEA?
Our score is computed from financial fundamentals against Joel Greenblatt's published criteria. We don't claim that Joel Greenblatt personally owns or recommends NEA.
How often is this score updated?
NEA's Joel Greenblatt fit score is recomputed daily from the latest TTM financials. The page below shows when it was last refreshed.
Educational tool, not investment advice. Scores are computed from publicly-available financial data against published investing-strategy criteria. We do not claim that Joel Greenblatt personally owns or recommends NEA.
