Blackrock Muniyield Quality Fund Fundamentals
MYI Fund | USD 11.22 0.06 0.54% |
Blackrock Muniyield Quality fundamentals help investors to digest information that contributes to Blackrock Muniyield's financial success or failures. It also enables traders to predict the movement of Blackrock Fund. The fundamental analysis module provides a way to measure Blackrock Muniyield's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock Muniyield fund.
Blackrock |
Blackrock Muniyield Quality Fund Price To Book Analysis
Blackrock Muniyield's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Blackrock Muniyield Price To Book | 0.85 X |
Most of Blackrock Muniyield's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock Muniyield Quality is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, Blackrock Muniyield Quality has a Price To Book of 0.85 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to book for all United States funds is notably lower than that of the firm.
Blackrock Muniyield Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Muniyield's current stock value. Our valuation model uses many indicators to compare Blackrock Muniyield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock Muniyield competition to find correlations between indicators driving Blackrock Muniyield's intrinsic value. More Info.Blackrock Muniyield Quality is rated below average in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Blackrock Muniyield Quality is roughly 18.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock Muniyield's earnings, one of the primary drivers of an investment's value.Blackrock Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Muniyield's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Blackrock Muniyield could also be used in its relative valuation, which is a method of valuing Blackrock Muniyield by comparing valuation metrics of similar companies.Blackrock Muniyield is currently under evaluation in price to book among similar funds.
Blackrock Fundamentals
Return On Equity | -13.82 | ||||
Return On Asset | 1.77 | ||||
Profit Margin | (242.25) % | ||||
Operating Margin | 80.04 % | ||||
Current Valuation | 1.35 B | ||||
Shares Outstanding | 68.15 M | ||||
Shares Owned By Institutions | 34.92 % | ||||
Number Of Shares Shorted | 38.35 K | ||||
Price To Earning | 15.74 X | ||||
Price To Book | 0.85 X | ||||
Price To Sales | 13.49 X | ||||
Revenue | 55.76 M | ||||
Gross Profit | 55.76 M | ||||
Net Income | (135.09 M) | ||||
Cash And Equivalents | 52.84 K | ||||
Total Debt | 597.84 M | ||||
Debt To Equity | 0.67 % | ||||
Current Ratio | 0.06 X | ||||
Book Value Per Share | 13.04 X | ||||
Cash Flow From Operations | 39.13 M | ||||
Short Ratio | 0.16 X | ||||
Earnings Per Share | (0.35) X | ||||
Number Of Employees | 21 | ||||
Beta | 0.25 | ||||
Market Capitalization | 799.41 M | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 0.20 % | ||||
One Year Return | 16.68 % | ||||
Three Year Return | (2.26) % | ||||
Five Year Return | 0.46 % | ||||
Last Dividend Paid | 0.49 |
About Blackrock Muniyield Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Muniyield Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Muniyield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Muniyield Quality based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.BlackRock MuniYield Quality Fund III, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes. BlackRock MuniYield Quality Fund III, Inc. was formed in April 13, 1992 and is domiciled in United States.
Currently Active Assets on Macroaxis
Other Information on Investing in Blackrock Fund
Blackrock Muniyield financial ratios help investors to determine whether Blackrock Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock Muniyield security.
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