Nuveen Mortgage and Income Fund
Financial ratios & Valuation

Historical Multiples (2017 – 2023)

2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
8.1955.586.7662.1421.13-7.0711.288.0041.64
Price/Sales ratio
8.1251.636.82105.9920.39-7.217.457.4263.19
Price/Book Value ratio
0.990.970.960.890.940.850.890.920.90
Price/Cash Flow ratio
15.165.900.346.6535.4722.645.7912.473.49
Price/Free Cash Flow ratio
15.165.900.346.6535.4722.645.7912.473.49
Price/Earnings Growth ratio
N/A-0.640.00-0.680.090.02-0.060.08-0.33
Dividend Yield
13.51%9.30%15.00%4.93%4.60%6.57%9.29%9.89%9.97%
Profitability Indicator Ratios
Gross Profit Margin
86.79%11.94%76.28%56.00%71.16%112.38%88.32%89.26%66.14%
Operating Profit Margin
107.19%163.66%100.98%170.54%96.51%91.48%20.31%112.30%141.42%
Pretax Profit Margin
99.13%92.88%100.98%170.54%96.51%101.92%66.07%92.77%133.52%
Net Profit Margin
99.13%92.88%100.98%170.54%96.51%101.92%66.07%92.77%133.52%
Effective Tax Rate
-0.11%-2.52%-21.39%-72.38%-14.56%1.82%N/A69.45%-46.89%
Return on Assets
8.37%1.24%9.94%1.00%3.29%-8.39%5.78%8.61%5.47%
Return On Equity
12.12%1.74%14.22%1.43%4.46%-12.12%7.96%11.77%7.83%
Return on Capital Employed
9.06%2.19%10.03%1.07%3.29%-7.53%1.78%13.41%5.55%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
4.93-30.15-4.490.0542.5210.627.53N/A21.29
Cash ratio
N/A0.000.01N/AN/AN/AN/A-0.01N/A
Days of Sales Outstanding
13.1783.0334.09215.3637.05-20.8123.6121.64126.21
Days of Inventory outstanding
N/A844.58806.69N/AN/AN/AN/AN/AN/A
Operating Cycle
13.17927.61840.79215.3637.05-20.8123.6121.64126.21
Days of Payables Outstanding
20.2224.88147.148.45K3.0215.819.76N/A4.23K
Cash Conversion Cycle
-7.04902.73693.64-8.24K34.03-36.6313.8421.64-4.11K
Debt Ratios
Debt Ratio
0.30N/AN/A0.230.260.220.270.240.24
Debt Equity Ratio
0.44N/AN/A0.330.350.310.370.330.34
Long-term Debt to Capitalization
0.27N/AN/A0.110.06N/A0.050.030.08
Total Debt to Capitalization
0.30N/AN/A0.250.260.240.270.240.25
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A10.57N/A
Cash Flow to Debt Ratio
0.14N/AN/A0.390.070.110.410.220.31
Company Equity Multiplier
1.441.401.431.421.351.441.371.341.39
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.538.7420.0215.930.57-0.311.280.598.26
Free Cash Flow / Operating Cash Flow Ratio
111111111
Cash Flow Coverage Ratio
0.14N/AN/A0.390.070.110.410.220.31
Short Term Coverage Ratio
0.95N/AN/A0.630.090.110.480.240.44
Dividend Payout Ratio
110.82%517.01%101.48%306.81%97.39%-46.52%104.87%74.83%202.10%