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Federated Hermes Premier Municipal Income Fund
FMNFinancial ServicesNYSEUS
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Estimates, scoring, valuation assumptions, and peer comparison in one research surface.
Change the assumptions to see how revenue growth, margins, and exit multiples can move fair value.
| Year | Revenue | Margin | Profit | Free cash flow | Present value |
|---|---|---|---|---|---|
| 2026 | $5.54M | 16.7% | $925.7K | $3.33M | N/A |
| 2027 | $6.10M | 16.7% | $1.02M | $3.66M | $3.33M |
| 2028 | $6.71M | 16.7% | $1.12M | $4.02M | $3.33M |
| 2029 | $7.38M | 16.7% | $1.23M | $4.43M | $3.33M |
| 2030 | $8.12M | 16.7% | $1.36M | $4.87M | $3.33M |
| 2031 | $8.93M | 16.7% | $1.49M | $5.36M | $3.33M |
Projects EPS forward, applies an exit P/E, then discounts the result back to today.
| Base EPS | $0.12 | 2025-11-30 |
| EPS growth | -40.0% | Forecast years: 5 |
| Future EPS | $0.009 | EPS × (1 + G)^5 |
| Base P/E | 93.6 | P/E |
| Future price | $0.873 | Future EPS × P/E |
| Fair value today | $0.542 | PV @ 10.0% |
| 30% safety price | $0.38 | Margin of safety |
| 50% safety price | $0.271 | Margin of safety |
| Discount rate \\ Terminal growth | 1.5% | 2.5% | 3.5% |
|---|---|---|---|
| 9.0% | -$0.147 | $0.855 | $2.22 |
| 10.0% | -$1.158 | -$0.42 | $0.546 |
| 11.0% | -$1.955 | -$1.393 | -$0.681 |