Stock MIY BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials BlackRock MuniYield Michigan Quality Fund, Inc.

Equities

MIY

US09254V1052

Closed End Funds

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
11.02 USD +0.09% Intraday chart for BlackRock MuniYield Michigan Quality Fund, Inc. -0.72% -2.99%
Apr. 03 BlackRock MuniYield Michigan Quality Fund, Inc. Reports Earnings Results for the Half Year Ended January 31, 2024 CI
2023 BlackRock MuniYield Michigan Quality Fund, Inc. authorizes a Buyback Plan. CI

Valuation

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Capitalization 1 381.6 421.2 420.2 466.3 403.4 328.1
Enterprise Value (EV) 1 673.4 717.2 693.1 739 676.2 566.1
P/E ratio 47.2 x 11.1 x 18.5 x 19.2 x -7.54 x -74.8 x
Yield 5.48% 4.36% 4.16% 4.19% 4.92% 4.44%
Capitalization / Revenue 12.7 x 14.4 x 14.9 x 17.3 x 16.1 x 13.2 x
EV / Revenue 22.4 x 24.5 x 24.5 x 27.5 x 26.9 x 22.8 x
EV / EBITDA - - - - - -
EV / FCF 55.3 x 60.1 x 105 x 39.5 x 44.4 x 178 x
FCF Yield 1.81% 1.66% 0.95% 2.53% 2.25% 0.56%
Price to Book 0.86 x 0.91 x 0.9 x 0.98 x 1.01 x 0.86 x
Nbr of stocks (in thousands) 29,578 29,578 29,510 29,510 29,510 29,510
Reference price 2 12.90 14.24 14.24 15.80 13.67 11.12
Announcement Date 10/4/18 10/4/19 10/2/20 10/4/21 10/5/22 10/5/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net sales 1 30.03 29.28 28.29 26.9 25.11 24.78
EBITDA - - - - - -
EBIT 1 25.99 24.41 22.75 22.95 21.29 21.37
Operating Margin 86.55% 83.35% 80.43% 85.33% 84.77% 86.22%
Earnings before Tax (EBT) 1 8.087 37.79 22.77 24.25 -53.51 -4.344
Net income 1 8.087 37.79 22.77 24.25 -53.51 -4.344
Net margin 26.93% 129.05% 80.5% 90.15% -213.08% -17.53%
EPS 2 0.2734 1.278 0.7717 0.8217 -1.813 -0.1486
Free Cash Flow 1 12.18 11.93 6.585 18.69 15.21 3.183
FCF margin 40.57% 40.75% 23.28% 69.49% 60.58% 12.84%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 150.64% 31.58% 28.92% 77.09% - -
Dividend per Share 2 0.7070 0.6210 0.5920 0.6620 0.6720 0.4940
Announcement Date 10/4/18 10/4/19 10/2/20 10/4/21 10/5/22 10/5/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net Debt 1 292 296 273 273 273 238
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 12.2 11.9 6.59 18.7 15.2 3.18
ROE (net income / shareholders' equity) 1.79% 8.31% 4.88% 5.15% -12.2% -1.12%
ROA (Net income/ Total Assets) 2.19% 2.03% 1.89% 1.92% 1.86% 2.06%
Assets 1 369.5 1,861 1,206 1,261 -2,870 -210.7
Book Value Per Share 2 15.00 15.70 15.90 16.00 13.60 12.90
Cash Flow per Share - 0 - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 10/4/18 10/4/19 10/2/20 10/4/21 10/5/22 10/5/23
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
11.02
Average target price
-
Consensus

Sector Closed End Funds

1st Jan change Capi.
BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC. Stock BlackRock MuniYield Michigan Quality Fund, Inc.
-2.99% 322M
ARES CAPITAL CORPORATION Stock Ares Capital Corporation
+3.74% 12.61B
PERSHING SQUARE HOLDINGS, LTD. Stock Pershing Square Holdings, Ltd.
+5.50% 9.01B
FS KKR CAPITAL CORP. Stock FS KKR Capital Corp.
-3.20% 5.41B
SPROTT PHYSICAL URANIUM TRUST FUND Stock Sprott Physical Uranium Trust Fund
+2.44% 5.25B
PIMCO DYNAMIC INCOME FUND Stock PIMCO Dynamic Income Fund
+5.63% 5.19B
SPROTT PHYSICAL SILVER TRUST Stock Sprott Physical Silver Trust
+14.36% 4.48B
SPROTT PHYSICAL GOLD AND SILVER TRUST Stock Sprott Physical Gold and Silver Trust
+16.67% 4.44B
MACQUARIE KOREA INFRASTRUCTURE FUND Stock Macquarie Korea Infrastructure Fund
+1.53% 4B
3I INFRASTRUCTURE PLC Stock 3i Infrastructure plc
+1.56% 3.75B
Closed End Funds
  1. Stock Market
  2. Equities
  3. MIY Stock
  4. Financials BlackRock MuniYield Michigan Quality Fund, Inc.