BlackRock New York Municipal Income Trust
NYSE:BNY
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BlackRock New York Municipal Income Trust
NYSE:BNY
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US |
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H
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HUTCHMED (China) Ltd
HKEX:13
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HK |
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DMS Propertindo Tbk PT
IDX:KOTA
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ID |
Intrinsic Value
The intrinsic value of BlackRock New York Municipal Income Trust (BNY) under the Base Case is 122.47 USD per share.
Compared with the current market price of 148.7 USD, the stock appears
Overvalued by 18% .
The intrinsic value is calculated using the DCF method. The model assumes net margin reaches 29% by 2031, above the six-year high of 26% reached last year. If its margin stayed at its five-year average of 21%, the estimate would be about $87.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What BlackRock New York Municipal Income Trust Does
BlackRock New York Municipal Income Trust is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2001-07-26. Blackrock New York Municipal Income Trust (the Fund) is a closed-end management investment company. The Company’s investment objective is to provide current income exempt from regular United States federal income tax and New York State and New York City personal income taxes.
- Headquarters
- United States of America US
- IPO date
- Jul 26, 2001
The intrinsic value for BlackRock New York Municipal Income Trust (BNY) under the Base Case is 122.47 USD.
Compared with the current market price of 148.7 USD, the stock appears Overvalued by 18% .