Putnam Managed Municipal Income Trust
Bear Case (25th pct.)
-6.5% vs price
Base Case (Median)
30.3% vs price
Bull Case (75th pct.)
58.3% vs price
◇ = Current price | |Bear |Base | Bull
| Method | Est. Value | vs Price | Weight |
|---|---|---|---|
| DCF (Discounted Cash Flow) | $3.57 | -43.4% | High (40%) |
| PE Comparable | $8.22 | 30.3% | Medium (25%) |
| Graham Number | $11.75 | 86.2% | High (80%) |
Based on 3 out of 8 methods, PMM appears fairly valued at the current price of $6.31. The base case fair value of $8.22 implies 30.3% upside.
Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.